Company: TGE
Filing Date: 2025-07-10
Form Type: 424B3
Source: 0001213900-25-062835
Chunk: 315

Company: Generation Essentials Group
Filing Date: 2025-07-10
Form: 424B3
Chunk 315
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 joint venture of the other                      
 entity (or of a parent, subsidiary or fellow subsidiary of the other entity); |

| (iii) | the entity and the Group are joint ventures of the same third 
 party;                                                        |

| (iv) | one entity is a joint venture of a third entity and the other 
 entity is an associate of the third entity;                   |

| (v) | the entity is a post-employment benefit plan for the benefit                                                                          
 of employees of either the Group or an entity related to the Group; and the sponsoring employers of the post-employment benefit plan; |

| (vi) | the entity is controlled or jointly controlled by a person 
 identified in (a);                                         |

| (vii) | a person identified in (a)(i) has significant influence                                                          
 over the entity or is a member of the key management personnel of the entity (or of a parent of the entity); and |

| (viii) | the entity, or any member of a group of which it is a part,                            
 provides key management personnel services to the Group or to the parent of the Group. |

Initial recognition and measurement

The classification of financial assets at initial recognition
depends on the financial asset’s contractual cash flow characteristics and the Group’s business model for managing them. With
the exception of accounts receivable arising from IFRS 15 Revenue from Contracts with Customers that do not contain a significant
financing component or for which the Group has applied the practical expedient of not adjusting the effect of a significant financing
component, the Group initially measures a financial asset at its fair value, plus in the case of a financial asset not at FVTPL, transaction
costs. Accounts receivable that do not contain a significant financing component or for which the Group has applied the practical expedient
are measured at the transaction price determined under IFRS 15 in accordance with the policies set out for “Revenue recognition”
below.

In order for a financial asset to be classified and measured
at amortized cost, the contractual terms need to give rise to cash flows that are solely payments of principal and interest on the principal
amount outstanding and the financial asset needs to be held within a business model whose objective is to collect contractual cash flows.

The Group’s business model for managing financial assets
refers to how it manages its financial assets in order to generate cash flows. The business model determines whether cash flows will result
from collecting contractual cash flows, selling the financial assets, or both. Financial assets