ProjectAmon H2 – First large scale project in Colombia

The project’stotal estimatedCAPEX is ~$USD 1.5 Billion and its Commercial Operation Date (COD) is 2027.
Project Amon-H2 will produce ~53kt/H2/year or 300,000 tons/NH3/year and ~USD$350Min revenue per year.
The prefeasibility study of the project is finalized and was conducted by DNV.
Electricitywill be generated at a ~545 MWac wind park near Substation Colectora 1, in LaGuajira.
Wind generation is complemented by a hydro PPA and grid connection of ~180 MW.
EPI and an international partner are advancing the development of the ~545 MWac wind park andthe project with significant progress to this date.

ProjectH2 Cartagena – TheCaribbean H2/NH3 export hub

The project’s total estimated CAPEX is~$USD700 Million and its Commercial Operation Date (COD) is 2027.
ProjectCartagena H2 will produce ~25kt/H2/yearor 120,000 tons/NH3/year and ~USD$150M in revenue per year.
Electricity will be generated at a ~250 MWac solar PV park near Cartagena.
Produced“green” hydrogen from the project can be then synthetized into “green” ammonia. The liquidammonia can be pumped to Cartagena’s ports through a 20-30 km pipeline where it will be stored and conditioned forexport.
Electryon has secured the project’s site for a +30 years lease.
Electryon signed a MOU with Linde Plc. to advance pre-feasibility and feasibility stages. Linde will focus and apply itsexpertise on the technical and engineering analysis of the H2/NH3 facilitiesand components of the project.

Advancedutility scale solar PV portfolio

A solar PV scalable platform in Colombia

Electryon Power Inc.offers a unique opportunity to enter a rapidly scalable utility scale solar platform in Colombia, beginning with the construction of our first two (2) flagship projects: Helios Guamo – 19.9MWac and Helios Lanceros – 19.9MWac.

Helios Guamo

19.9 MWac PV solar plant at 34.5kV.
lnterconnection approval: March 3rd, 2023.
RTB target: Q3 2023.
COD target: December 31st, 2024.
Construction CAPEX: ~USD$16M.

Achieved Milestones:

Interconnection approval from UPME
Non-binding offers for long-term PPAs with bankable counterparties.
+30 years lease with landowners.
Basic engineering designs (PV plant + project’s substations).
Filing of Environmental Impact Assessment study to Cortolima.
Technical studies: Geotechnical, topography,hydrology, soil studies.l

Helios Lanceros

19.9 MWac PV solar plant at 34.5kV.
Interconnection approval: Q1 2023.
RTB target: Q3 2023.
COD target: December 31st, 2024.
Construction CAPEX: ~USD$16M.

Achieved Milestones:

Interconnection approval from UPME
Non-binding offers for long-term PPAs with bankable counterparties.
+30 years lease with landowners.
Basic engineering designs (PV plant + project’s substations).
Filing of Environmental Impact Assessment study to Cortolima.
Technical studies: Geotechnical, topography,hydrology, soil studies.l

Helios Guamo – 19.9MWac
Completed activities and milestones:

Registry Phase I UPME.
Non-bindingoffers for long-term PPAs with bankable counterparties.
Presentation of interconnection bond to XM S.A.(SBLC).
Advanced PPA and EPC negotiations.
Agreement with landowners for a 30-year lease.
Basic designs of the solar PV plant + project’ssubstation.
Submission of the Environmental Impact Assessment(EIA) to Cortolima, whichincludes the execution of the following activities, amongst others:

Characterization of the abiotic systems.
Detailed topography of the Project’s site.
Geology, geotechnical, hydrology, and soil studies.
Monitoring of quality of water, air and noise.
Analysis of uses of water resources in the area.
Analysis and measurements of existing bodies of water.
Flora and fauna characterization and site visit confirmation.
Structural designs for crossings of bodies of water in the area of the Project.
Socialization of the Project with the local communities.
Socio-economic analysis of the Project.
Archeological survey and analysis.
Identification of environmental social impacts of the Project.
Presentation of environmental management Plan.
Presentation of environmental compensation Plan.

Helios Guamo (Espinal 09). Kmz

Helios Lanceros – 19.9MWac
Completed activities and milestones:

Registry Phase I UPME.
Non-bindingoffers for long-term PPAs with bankable counterparties.
Presentation of interconnection bond to XM S.A.(SBLC).
Advanced PPA and EPC negotiations.
Agreement with landowners for a 30-year lease.
Basic designs of the solar PV plant + project’ssubstation.
Submission of the Environmental Impact Assessment(EIA) to Cortolima, whichincludes the execution of the following activities, amongst others: