Green Bond Fact Sheet

Issuer Name: Eólica Mesa La Paz, S. de R. L. de C. V.

Date: 1 May 2019

Issue date: 01-06-2018 Maturity date: 01-06-2044 Tenor: 26
Issuer Name

Eólica Mesa La Paz, S.
de R. L. de C. V.

Amount Issued

USD303m

Country of risk

MexicoCBI Database

Included

Issuer Type1

Non-financial
corporate

Bond TypePrivate placement

Green Bond Framework

N/A

Second party opinion

N/A

Certification Standard

Not certified

Assurance report

N/A

Certification Verifier

N/AGreen bond rating

E1/91 (S&P)☒ 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

Use of Proceeds☐ Waste management☐ Recycling☐ Waste prevention☐ Pollution control☐ Landfill, energy capture☐ Energy performance☐ Infrastructure☐ Waste to energy☐ Industry: components☐ Adaptation & resilience☐ 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
Reporting

Not stated (may be just to investors, or not at all given the full allocation to a specific projectat issuance)

Company information

The issuing entity operates a 306MW onshore wind farm project consisting of 85 turbines,
in the Mexican state of Tamaulipas. The project is currently under construction and isexpected to commence operations by September 2019.

Firsts, records andcertificationsFirst ever non-financial corporate issuance from Mexico, as well as the first green bond in
the country in 2018.

Proceeds description

All proceeds will be used to partially fund the construction of the wind farm. The projectwill benefit from a 25-year PPA with Fuentes de Energia Peñoles that will ultimately beguaranteed by its parent, metals producer Industrias Peñoles.

Climate Bonds view

It is always positive to see new “firsts”, especially from the non-financial corporate sector,
which is highly demanded by investors. In addition, the project fits well within the Mexican
Government’s energy plans, which include increasing electricity generated from cleansources to 35% by 2024 and 50% by 2050, and to reduce GHG emissions by 30% by 2020.

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