CRN — Build Update and Cashflow Summary

CRN — Build Update and Cashflow Summary

Asset Overview

• Location: Brazil
• Technology: Solar PV
• Project Phase: Transitioning from development to operation

Asset Status

Construction is complete and the asset is connected to the grid. Final commissioning and administrative close-out are in progress with the regional grid operator (CELESC). Commercial energy generation has not yet commenced.

Cumulative Cash Performance (Baseline)

• Capital deployed: USD 100,000
• Total cash received to date: USD 5,644.80
• Number of payments received: 6
• Missed payments: None

All payments to date were received as scheduled during the development phase.

Payment Context

Cash receipts to date represent interim development-phase payments and were not derived from energy generation. No energy production has been reported during this period.

Reporting Transition

This post establishes the baseline performance and current project status for CRN.

Going forward, asset updates will be published monthly and will report period activity alongside cumulative performance.

Future reporting is expected to transition from development-phase payments to operating cashflows once commercial generation begins.

Reporting Notes

All figures reflect cash received. Performance is asset-specific and subject to operating and commissioning conditions. Historical payment data is maintained at the asset level and updated continuously.

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