Green Bond Fact Sheet

Murra Warra II

Date: 04/09/2020

Issue date: 05-08-2020 Maturity date: N/Av Tenor: N/AvIssuer nameMurra Warra II

Amount issued

N/Av

Country of risk

Australia

CBI Database

IncludedIssuer type1

Loan

Bond type

Loan

Green bond framework

N/A

Second party opinion

N/Av

Certification Standard

Not certified

Assurance report

N/A

Certification verifier

N/AGreen bond rating

N/A☒ Energy☐ Solar☐ Onshore wind
☒ Offshore wind
☐ Geothermal☐ Hydro☐ Tidal☐ Biofuels☐ Bioenergy☐ District heating☐ Electricity grid

☐ Energy storage☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Buildings☐ Certified Buildings☐ HVAC systems☐ Energyperformance☐ Water performance☐ Energy storage/meters☐ Other energy related☐ Industry: components☐ Adaptation & resilience☐ Transport☐ Electric vehicles☐ Low emission
vehicles☐ Bus rapid transit☐ Passenger trains☐ Urban rail

☐ Freight rolling stock☐ Coach / public bus☐ Bicycle infrastructure☐ Energy performance☐ Transport logistics☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Water & wastewater☐ Water distribution☐ Water treatment☐ Wastewatertreatment☐ Water storage☐ Storm water mgmt
☐ Flood protection☐ Desalinisation plants☐ Erosion control☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Waste management☐ Recycling☐ Waste prevention☐ Pollution control☐ Landfill, energy capture☐ Energy performance☐ Infrastructure☐ Waste to energy☐ Industry: components☐ Adaptation & resilience

Use of Proceeds☐ Land use & agriculture☐ Afforestation/parks☐ FSC Forestry☐ FSC Cellulose &paper☐ Land remediation☐ Energy/water efficiency☐ Sustainable agriculture☐ Adaptation & resilience☐ Other☐ Adaptation &resilience☐ ICT☐ Industry: process

Issue details
ReportingCompany information

The Murra Warra Wind Farm near Horsham, Western Victoria will be one of Australia's
largest wind farms. RES and Macquarie’s Green Investment Group have reached financial
close for the Murra Warra II Wind Farm, with its sale to Swiss-headquartered global private
markets investment manager Partners Group at A$180m. The sale follows the earlier
development, financing and construction of the adjacent 61 turbine Murra Warra I, which
was also acquired by Partners Group in 2018 at $A200 million.

Firsts, records andcertificationsFirst time a project finance green loan has been used to fund the construction of a windfarm in Australia.

Proceeds description

To construct Murra Warra II wind farm that is comprised of 38 turbines with a capacity of
209MW and is estimated to avoid emissions of 468 kilotonnes of CO2e each year.

Climate Bonds view

CBI welcomes the first green loan to fund the construction of a wind farm in Australia.
Equity from Partners Group and debt from a consortium of banks will fund the constructionof the wind farm, which will directly stimulate the local economy through job creation andspending on accommodation and retail items and services and will provide affordable clean
energy to the local community. Murra Warra is a watershed in the transition of Australiaenergy sector from fossil fuel to renewables.
A loan from a consortium of international banks including ICBC, ING, Mizuho, MUFG, SMBC
and Société Générale

Underwriters
Deal comments
Credit rating
Pricing summary
Investors summary

1Issuer categories: ABS, development bank, financial corporate, government-backed entity, loan, local government, non-financial
corporate, sovereign