Green Bond Fact SheetAES Tietê Energia

Date: 06/06/2019

Issue date: 17-04-2019 Maturity date: 15-03-2029 Tenor: 10Issuer NameAES Tietê Energia

Amount Issued

BRL820m/USD210m

Country of risk

BrazilCBI Database

Included

Issuer Type1

Non-financial corporate

Bond Type

Project bondGreen Bond Framework

N/A

Second party opinion

N/A

Certification Standard

Climate Bonds Standard
V2.1 including

Assurance report

Pre-Issuance Verification

Vigeo Eiris

Green bond rating

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

☐ Energy storage☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Buildings☐ Certified Buildings☐ HVAC systems☐ Energy performance☐ 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☐ Wastewater treatment☐ 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☐ Industry: components☐ Adaptation & resilience•
Certification Verifier

SolarUse 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

Annual reports will be made publicly available on the issuer’s website. These will
include audited information on the allocation of proceeds. The reports will also
disclose information on the amount of electricity generated and estimated avoidedemissions.
AES Tietê is a subsidiary of AES Brazil, which in turn is jointly owned by AES
Corporation and the Brazil development bank BNDES. AES Corporation is a Fortune
500 power generation company operating internationally.
AES Tietê is predominantly a hydropower generation company with 2.66GW ofgeneration capacity in the state of Sao Paolo. In recent years, they have also beendeveloping and acquiring wind and solar power generation assets.

Firsts, records andcertifications

This is the first Brazilian issuer to issue a Certified Climate Bond under the Solar
Criteria

Climate Bonds view

The proceeds will be used to finance and refinance the acquisition of eight solar farms
with a total capacity of 225MW. Five of these are in the 150MW Guaimbê solar farm,
which is currently operational. The remainder are in the 75MW AGV solar farm, whichwill be operational by the end of 2019.
Only the 2nd and 3rd tranches of this transaction have received Certification.

Underwriters

Banco Bradesco S.A

Proceeds description

Deal comments
Credit Rating

Ba2/Aa1.br (Moody’s)

Pricing summary
Investors summary

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