MM Solar Parent, LLC and Subsidiaries                                             Consolidated Financial Report       December 31, 2018 (Unaudited), 2017 and 2016
 INDEPENDENT AUDITORS' REPORT        Managing Member  MM Solar Parent, LLC and Subsidiaries  Boulder, Colorado      We  have  audited  the  accompanying  combined  and  consolidated  financial  statements  of  MM  Solar  Parent,  LLC  and  Subsidiaries,  which  are  comprised  of  the  consolidated  balance  sheets  as  of  December  31,  2017,  and  the  related  combined  and  consolidated  statements  of  operations  and  comprehensive income, changes in members' equity, and cash flows for the two-year period ended  December 31, 2017, and the related notes to the combined and consolidated financial statements.    MANAGEMENT'S RESPONSIBILITY FOR THE COMBINED AND CONSOLIDATED FINANCIAL  STATEMENTS    Management  is  responsible  for  the  preparation  and  fair  presentation  of  these  combined  and  consolidated financial statements in accordance with accounting principles generally accepted in the  United  States  of  America;  this  includes  the  design,  implementation,  and  maintenance  of  internal  control  relevant  to  the  preparation  and  fair  presentation  of  combined  and  consolidated  financial  statements that are free from material misstatement, whether due to fraud or error.    AUDITORS' RESPONSIBILITY    Our responsibility is to express an opinion on these combined and consolidated financial statements  based  on  our  audits.  We  conducted  our  audits  in  accordance  with  auditing  standards  generally  accepted in the United States of America. Those standards require that we plan and perform the audit  to obtain reasonable assurance about whether the combined and consolidated financial statements  are free from material misstatement.    An audit involves performing procedures to obtain audit evidence about the amounts and disclosures  in  the  combined  and  consolidated  financial  statements.  The  procedures  selected  depend  on  the  auditors' judgment, including the assessment of the risks of material misstatement of the combined  and  consolidated  financial  statements,  whether  due  to  fraud  or error.  In  making  those  risk  assessments,  the  auditors  consider  internal  control  relevant  to  the  entity's  preparation  and  fair  presentation  of  the  combined  and  consolidated  financial  statements  in  order  to  design  audit  procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion  on the effectiveness of the entity's internal control. Accordingly, we express no such opinion. An audit  also includes evaluating the appropriateness of accounting policies used and the reasonableness of  significant accounting estimates made by management, as well as evaluating the overall presentation  of the combined and consolidated financial statements.
 Managing Member  MM Solar Parent, LLC and Subsidiaries  Page Two      We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for  our audit opinion.    OPINION    In our opinion, the combined and consolidated financial statements referred to above present fairly, in  all material respects, the financial position of MM Solar Parent, LLC and Subsidiaries as of December  31,  2017,  and  the  results  of  their  operations  and  their  cash  flows  for  the  two-year  period  ended  December 31, 2017 in accordance with accounting principles generally accepted in the United States of  America.                                                                                                                                                                                 /s/ EKS&H LLLP    March 20, 2018  Boulder, Colorado
 MM Solar Parent, LLC and Subsidiaries                                                      Consolidated Balance Sheet                                                        December 31, 2018 (Unaudited) and 2017                                                                         2018           2017                                                                           (Unaudited)                                                 Assets    Current assets                                                        Cash                                                          $      286,934  $   1,952,195     Accounts receivable                                                  888,777        724,164     Related party receivable                                                  -          30,764     Other current assets                                                 109,239         62,394                  Total current assets                                   1,284,950     2,769,517  Solar energy systems, net                                             74,557,350    79,383,360  Intangible assets, net                                                   55,215         59,215  Other assets                                                                 -         166,213  Interest rate swap agreements                                                -         168,875  Restricted cash                                                         459,970      2,316,486                  Total assets                                     $    76,357,485  $  84,863,666                                   Liabilities and Members' Equity    Current liabilities                                                   Related party payable                                         $       66,902  $     109,634     Accounts payable and accrued expenses                                182,186        496,440     Current portion of long-term debt, net                              3,176,883     4,450,818     Interest rate swap agreements                                        157,930        140,547                  Total current liabilities                              3,583,901     5,197,439  Long-term debt, less current portion, net                             45,897,855    29,459,603  Interest rate swap agreements                                           689,097         49,930  Contract liability                                                     1,873,461     1,560,493  Deferred rent                                                           164,625        122,999  Asset retirement obligations                                           2,151,825   -                  Total liabilities                                     54,360,764    36,390,464   Members' equity                                                        Members' capital                                                    4,768,089    32,902,226     Retained earnings                                                  18,075,659    15,570,976     Accumulated other comprehensive loss                                (847,027)   -                  Total members' equity                                 21,996,721    48,473,202                  Total liabilities and members' equity            $    76,357,485  $  84,863,666        See notes to consolidated financial statements.  2
 MM Solar Parent, LLC and Subsidiaries                                      Consolidated Statement of Operations                                    Years Ended December 31, 2018 (Unaudited), 2017, and 2016                                                             2018         2017         2016                                                              (Unaudited)                  Revenues                                                   Energy service                                      $   4,020,606  $  4,300,332  $  4,477,131    Incentive                                               6,374,679    6,887,066    7,446,819               Total revenues                              10,395,285   11,187,398   11,923,950   Operating expenses                                         General and administrative                               169,069       377,818      236,765    Operating, maintenance, and asset management            1,254,156    1,387,472    1,170,716    Depreciation, amortization, and accretion               3,385,263    3,173,194    3,173,194               Total operating expenses                     4,808,488    4,938,484    4,580,675  Operating income                                          5,586,797    6,248,914    7,343,275   Other (expense) income        Interest expense                                      (2,139,431)   (2,291,030)   (2,466,675)    (Loss) gain on interest rate swap agreements             (12,361)      256,908      313,708    Loss on debt extinguishment                           (1,040,306)          -            -    De-designation of interest rate swap agreements               -            -       (397,643)    Other income                                             519,574       157,265        6,441               Total other expense                        (2,672,524)   (1,876,857)   (2,544,169)  Net income                                                2,914,273    4,372,057    4,799,106   Other comprehensive (loss) income        De-designation of interest rate swap agreements               -            -        397,643    Change in fair value of interest rate swap agreements   (847,027)  -  -               Total other comprehensive (loss) income      (847,027)  -                397,643  Comprehensive income                                  $   2,067,246 $  4,372,057 $  5,196,749        See notes to consolidated financial statements.  3
 MM Solar Parent, LLC and Subsidiaries                              Consolidated Statement of Members' Equity                                     Years Ended December 31, 2018 (Unaudited), 2017, and 2016                                                                       Accumulated                                                                         Other          Total                                            Members'      Retained   Comprehensive    Members'                                             Capital      Earnings        Loss         Equity   Balance - January 1, 2016             $   41,212,694  $  6,399,813  $  (397,643)  $  47,214,864   Net income                                       -      4,799,106            -      4,799,106   De-designation of interest rate swap    agreements                                      -            -          397,643      397,643   Member distributions                      (4,384,034)   -  -                       (4,384,034)   Balance - December 31, 2016               36,828,660    11,198,919           -     48,027,579  Net income                                        -      4,372,057            -      4,372,057  Member distributions                       (3,926,434)   -  -                       (3,926,434)   Balance - December 31, 2017               32,902,226    15,570,976           -     48,473,202  Net income (Unaudited)                            -      2,914,273            -      2,914,273  Member distributions (Unaudited)          (30,124,100)         -              -    (30,124,100)  Member contributions (Unaudited)            3,711,880          -              -      3,711,880  Net assets transferred (Note 3) (Unaudited)  (1,721,917)    (409,590)         -     (2,131,507)   Fair value of interest rate swap agreement    designated as cash flow hedges    (Unaudited)                                     -   -                 (847,027)     (847,027)   Balance - December 31, 2018 (Unaudited) $  4,768,089  $  18,075,659 $  (847,027) $  21,996,721        See notes to consolidated financial statements.  4
 MM Solar Parent, LLC and Subsidiaries                                     Consolidated Statement of Cash Flows                                     Years Ended December 31, 2018 (Unaudited), 2017 and 2016                                                             2018         2017         2016                                                              (Unaudited)                  Cash flows from operating activities                       Net income                                          $   2,914,273  $  4,372,057  $  4,799,106    Adjustments to reconcile net income to net cash and      restricted cash from operating activities:                Depreciation, amortization, and accretion expense    3,385,263    3,173,194    3,173,194       Amortization of debt issuance costs                   188,517       167,532      167,971       Change in fair value of interest rate swap agreements  12,361  (256,908)        (313,708)       Deferred rent expense                                  41,626        41,662       51,746       Loss on debt extinguishment costs - write-off of debt        issuance costs                                      1,040,306          -            -       De-designation of interest rate swap agreements            -            -        397,643       Changes in operating assets and liabilities which provided        cash and restricted cash:                                 Accounts receivable                                (181,434)       30,800          812         Related party receivable                             30,764       424,483     (455,247)         Other assets                                        179,368      (26,271)      (34,289)         Related party payable                               (40,043)       37,640       63,994         Accounts payable and accrued expenses              (289,084)       35,765      (31,668)          Contract liability                                 312,968       295,062      304,548               Net cash and restricted cash provided by                operating activities                        7,594,885    8,295,016    8,124,102   Cash flows from financing activities                       Member distributions                                 (30,124,100)   (3,926,434)   (4,384,034)    Member contributions                                    3,711,880          -            -    Proceeds from long-term debt                           51,830,602          -            -    Principal payments on long-term debt                 (33,512,421)   (3,673,235)   (3,799,432)    Cash payment for debt issuance costs                  (2,836,849)          -            -    Cash transferred to related entity (Note 3)             (185,774)  -  -               Net cash and restricted cash used in financing                activities                               (11,116,662)   (7,599,669)   (8,183,466)  Net (decrease) increase in cash and restricted cash     (3,521,777)      695,347      (59,364)  Cash and restricted cash - beginning of year              4,268,681    3,573,334    3,632,698  Cash and restricted cash - end of year                $    746,904 $   4,268,681 $  3,573,334   Supplemental cash flow information                         Cash paid for interest                              $   2,204,539  $  2,089,421  $  2,171,316   Significant noncash transactions                           Assets transferred, net of cash and restricted cash (Note 3)  $ 1,945,733  $  -  $      -    Asset retirement obligation capitalized to solar energy      systems                                               2,146,656          -            -    Debt issuance costs paid from debt proceeds             1,426,059          -            -    Prepaid interest and loan fees paid from debt proceeds    60,000  -  -    Recognition of loss of interest rate swaps designated as cash      flow hedges                                            847,027           -            -      See notes to consolidated financial statements.  5
 MM Solar Parent, LLC and Subsidiaries                              Notes to Consolidated Financial Statements                                                  December 31, 2018 (Unaudited), 2017 and 2016  Note 1 - Nature of Business        MM  Solar  Parent,  LLC  (the  "MM  Parent")  has  wholly  owned  subsidiaries  that  own  photovoltaic  solar        energy  systems.  Collectively,  MM Parent  and  its  subsidiaries  are  referred  to  as  the  "Company."  The        Company sells electricity generated by the solar energy systems to public sector and non-profit entities        located  in  Arizona,  California,  Connecticut,  and  Massachusetts through  Power  Purchase  Agreements        ("PPAs").        Prior to December 21, 2018 (the "Acquisition Date"), MM Parent was  owned  95.1  percent  by  AES  DE        Holdings  I,  LLC  ("AES  DE  I")  and 4.9  percent  by  HA  Daybreak  Holdings  LLC  ("HADH").  On  the        Acquisition Date, AES DE I purchased the 4.9 percent interest in MM Parent from HADH, and MM Parent        became  a  wholly  owned  subsidiary  of  AES  DE  I.  Subsequent  to  the  Acquisition  Date,  MM  Parent        transferred MM Solar Holdings I, LLC ("MM Holding I") and its wholly owned subsidiary, SD Solar I, LLC        ("SD Solar"), to AES DE I and MM Solar Holdings I, LLC became a wholly owned subsidiary of AES DE I,        as described in Note 3.  Note 2 - Significant Accounting Policies        Principles of Consolidation         The consolidated financial statements include the accounts of the Company and all of its wholly owned        subsidiaries. All material intercompany accounts and transactions have been eliminated in consolidation.        The operating subsidiaries of MM Parent as of December 31, 2018 (unaudited) are as follows, including        the  location  of  asset  concentration  for  the  respective  operating  subsidiary  and  the  reference  of  the        subsidiary in these consolidated financial statements.                       Entity Legal Name                   Asset Concentration         Referred to as                         MFP CO Holdings II, LLC              Arizona                               MFPCOH II            AZ Solar I, LLC                      Arizona                               AZ Solar I            Scottsdale Solar Holdings, LLC       Arizona                               SSH            Eloy ESD Solar Holdings, LLC         Arizona                               Eloy            AZ Solar Phase Zero, LLC             Arizona                               AZ Phase Zero           Bridgeport Solar, LLC                Connecticut                           Bridgeport            MM Solar Holdings II, LLC            Massachusetts                         MM Holdings II            Stow Solar I, LLC                    Massachusetts                         Stow            Scituate Solar I, LLC                Massachusetts                         Scituate            Bolton Solar I, LLC                  Massachusetts                         Bolton         Cash        The Company considers all investments with an original maturity of three months or less when purchased        to be cash equivalents. The Company continually monitors its positions with, and the credit quality of, the        financial institutions with which it invests. As of the balance sheet date and at certain times throughout the        year, the Company held cash balances in excess of federally insured limits.     6
 MM Solar Parent, LLC and Subsidiaries                              Notes to Consolidated Financial Statements                                                  December 31, 2018 (Unaudited), 2017 and 2016  Note 2 - Significant Accounting Policies (Continued)        Restricted Cash         Under the terms of its loan agreements with banks, which were refinanced and terminated during 2018,        the Company had agreed to establish debt service reserves and operating and maintenance reserves.        The Company also has agreed to maintain restricted cash balances in connection with its operating lease        agreements for the removal of solar energy systems from said lease properties. The remaining balance in        each account becomes available when the conditions defined in the agreements are satisfied.        In  November  2016,  the  Financial  Accounting  Standards  Board  ("FASB")  issued  Accounting  Standards        Update ("ASU") No. 2016-18, Statement of Cash Flows (Topic 230): Restricted Cash. The update aims to        reduce diversity in practice by clarifying that a statement of cash flows should explain the change during        the period in the total of cash, cash equivalents, and amounts generally described as restricted cash or        restricted cash equivalents; therefore, amounts generally described as restricted cash and restricted cash        equivalents should be included with cash and cash equivalents when reconciling the beginning-of-period        and end-of-period total amounts shown on the statement of cash flows. The Company has adopted this        standard  as  of  January  1,  2018  and  as  a  result  included  any  restricted  cash  as  part  of  cash  on  the        statement of cash flows for all periods presented.        The following table provides a reconciliation of cash and restricted cash reported within the consolidated        balance sheet to the amounts reported on the consolidated statement of cash flows:                                                                      2018         2017                                                                         (Unaudited)                                                                                Cash                                                   $     286,934  $  1,952,195           Restricted cash                                              459,970     2,316,486                 Total                                            $     746,904 $   4,268,681        Accounts Receivable         Accounts receivable are stated at net invoice amounts. Based on management's review of outstanding        receivable balances and historical collection information, management's best estimate is that all balances        will be collected. Accordingly, the Company has not established an allowance for doubtful accounts.        Credit Risk and Major Customers        Sales  are  to  customers  located  in  Arizona,  California,  Massachusetts,  and  Connecticut.  The  Company        extends trade credit to its customers on terms that are generally practiced in the industry. Two and three        major customers  accounted  for  approximately  81  percent  and  88  percent  of  accounts  receivable  as  of        December  31,  2018  (unaudited),  2017,  and  2016,  respectively.  During  the  years  ended  December  31,        2018  (unaudited),  2017,  and  2016  four,  three,  and  three  customers,  respectively,  accounted  for  77        percent,   82 percent, and 73 percent of sales, respectively.        Solar Energy Systems and Grants and Rebates Received        Solar  energy  systems  are  recorded  at  cost,  including  the  capitalized  asset  retirement  cost  estimate.        Straight-line method is used for computing depreciation. Solar energy systems are depreciated over their        estimated  useful  lives  which  are  estimated  to  be  30  years.  Solar  energy  systems  are  recorded  net  of        grants and rebates received as a reduction in the basis of the assets from the United States Department        of the Treasury under the American Recovery and Reinvestment Act of 2009 and utility companies. The        amount received from the United States Department of the Treasury and utility companies are subject to        audit and adjustments. Costs of maintenance and repairs are charged to expense when incurred.        Intangible Assets         Intangible assets consist of customer contracts which are stated at cost and were amortized using the        straight-line method over the contractual life of the assets.   7
 MM Solar Parent, LLC and Subsidiaries                              Notes to Consolidated Financial Statements                                                  December 31, 2018 (Unaudited), 2017 and 2016  Note 2 - Significant Accounting Policies (Continued)        Impairment or Disposal of Long-lived Assets         The Company reviews the recoverability of long-lived assets when events or changes in circumstances        occur that indicate the carrying value of the asset may not be recoverable. The assessment of possible        impairment  is  based  on  the  ability  to  recover  the  carrying  value  of  the  asset  from  the  expected  future        pretax  cash  flows  (undiscounted and  without  interest  charges)  of  the  related  operations.  If  these  cash        flows are less than the carrying value of such asset, an impairment loss is recognized for the difference        between estimated fair value and carrying value. The measurement of impairment requires management        to  make  estimates  of  these  cash  flows  related  to  long-lived  assets, as well as other fair value        determinations. As of December 31, 2018 (unaudited), 2017, and 2016, it was determined no impairment        of long-lived assets was considered necessary.        Debt Issuance Costs         Debt  issuance  costs  were  incurred  by  the  Company  in  connection with  obtaining  the  debt  financing.        These costs are recorded as a reduction in the recorded balance of the outstanding debt. The costs are        amortized over the term of the related debt and reported as a component of interest expense.        Deferred Rent Liability        The Company leases land for certain solar energy systems under non-cancelable operating leases, which        include scheduled increases in rent payments. The expense associated with leases that have escalating        payment  terms  is  recognized  on  a straight-line  basis  over  the  lease  term.  The  difference  between        straight-line rent expense and the amount paid is recorded as a deferred rent liability.        Asset Retirement Obligation        Asset  retirement  obligations  (“AROs”)  relate  to  estimated  removal  costs  of  solar  energy  systems  from        their respective properties upon termination of the underlying agreement. The Company records the fair        value  of  an  ARO  in  the  period  in  which  it  becomes  reasonably  estimable.  When  the  liability  is  initially        recorded,  the  Company  capitalizes  an  estimated  cost  by  increasing  the  carrying  amount  of  the  solar        energy systems. Over time, the liability is accreted each period toward an estimated future cost, and the        capitalized  cost  is  amortized  over  the  useful  life  of  the  solar  energy  systems.  The  Company  uses  the        income valuation technique to estimate the fair value of AROs using the amounts and timing of expected        future  removal  costs,  credit-adjusted  risk-free  rate,  and  time value  of  money.  All  of  the  inputs  are        estimated  at  the  time  the  liability  is  incurred  or  revised.  Revisions  to  the  liability  could  occur  due  to        changes in estimated removal costs. Adjustments to the liability are made as these estimates change,        and upon settlement of the liability, the Company reports a gain or loss to the extent the actual costs differ        from the recorded liability.        Revenue Recognition         As  described  below,  the  Company  has  two  types  of  revenue  streams,  energy  service  revenue  and        incentive revenue. During 2018, the Company adopted ASU No. 2014-09, Revenue from Contracts with        Customers (Topic 606), utilizing the modified retrospective approach. Adoption of Topic 606 did not have        an impact on the Company's revenue recognition as it continues to recognize revenue using an output        method, as energy delivered best depicts the transfer of goods or services to the customer.   The primary        impact of the adoption was the related disclosures.        Energy Service Revenue        The Company has entered into long-term PPAs, ranging from 20 to 25 years, for the sale of electricity.        The  PPAs  are  evaluated  to  determine  whether  they  are  executory agreements  or  leases  under  ASC        Topic 840, Leases. The Company's PPAs generally meet all of the criteria of a lease, except for, in some        cases, the PPAs stipulate a price per unit of output that is fixed for the entire term of the agreement; in        such cases, the PPA is scoped out of lease accounting and is considered an executory agreement.    8
 MM Solar Parent, LLC and Subsidiaries                              Notes to Consolidated Financial Statements                                                  December 31, 2018 (Unaudited), 2017 and 2016  Note 2 - Significant Accounting Policies (Continued)        The  Company  considers  a  PPA  with  output  that  does  not  have  a  fixed  price  per  unit  of  output  for  the        entire term of the PPA to meet the definition of a lease. If a PPA is determined to satisfy the definition of a        lease, the Company then assesses whether or not a PPA is a capital lease or an operating lease. The        Company has determined that none of its PPAs qualify as capital leases based on uncertainties related to        production guarantees and future costs to maintain and repair the solar energy systems.        The  Company's  performance  obligation  under  the  PPA  is  the  production  of  power  by  the  solar  energy        systems and is considered contingent revenue until produced as the Company does not have control over        the source. The performance obligation is satisfied and revenue is recognized at the time the power is        generated by the solar energy system. As defined in the PPAs, the customers pay an agreed-upon rate        per kilowatt hour produced.   Under the typical payment terms, the customer pays on a monthly basis for        the power generated in the preceding month.        Incentive Revenue and Contract Liability        Certain  of  the  Company's  solar  energy  systems  are  qualified  to produce  solar  renewable  energy        certificates  ("SREC").  An  SREC  represents  the  renewable  attributes  associated  with  solar  energy        generation  that  are  minted  by  government  agencies  and  sold  to  third-party  customers.  The  Company        hedges some of its expected production of SRECs through forward sale contracts. The contracts require        the  Company  to  physically  deliver  the  SRECs  upon  settlement.  The  Company  elects  normal        purchase/normal sale accounting treatment on all SREC sale contracts it enters into during the year. The        Company recognizes revenue from the sale of SRECs in the period during which they are delivered and        accepted by the customer. The Company does not recognize any specifically identifiable costs related to        SRECs.        Additionally,  certain  of  the  Company's  subsidiaries  have  agreements  with  energy  companies,  ranging        from 5 to 20 years, which state that the Company receives incentives based on an agreed-upon fixed rate        per kilowatt hour produced by the solar energy system located on each customer's property. The energy        companies pay the Company based on their meter readings during the month. The Company periodically        compares the energy companies' utility meter readings with its readings to ensure consistency. During the        years ended December 31, 2018 (unaudited), 2017, and 2016, the difference between what was billed by        the  Company  and  received  from  the  energy  companies  was  deemed  insignificant  by  the  Company.        Certain  agreements  with  energy  companies  contain  a  clause  where  total  consideration  paid  by  the        customer is considered fixed as the system's production is estimated to equal or exceed the allowable        contractual  billings.  For  these  agreements,  the  Company  will  recognize  revenue  based  upon  actual        production at a billing rate derived from the maximum contractual billings and estimated total production        over the entire term of the contract and will recognize a contract liability for any amounts billed in excess        of  revenue  recognized.  For  all  other  agreements,  the  Company  recognizes  revenue  as  an  executory        agreement based upon the output delivered using the rates specified in the agreement.        The  Company's  performance  obligations  under  the  SREC  sales  and incentive  agreements  are  the        delivery  of  the  SRECs  and  production  of  power  by  the  solar  energy  systems,  respectively.  The        performance  obligations  under  the  incentive  agreements  are  considered  contingent  revenue  until        produced or delivered as the Company does not have control over the source, the performance obligation        is satisfied and revenue is recognized at the time the power is generated by the solar energy system.        Under the typical payment terms, the customers pay on a quarterly or monthly basis under the incentive        agreements  and  for  the  power  generated  in  the  preceding  quarter  or  month,  respectively.  The        performance obligation for SRECs is satisfied and revenue is recognized at the time of delivery of the        SREC  to  the  customer.   Under  the  typical  payment  terms,   the  amounts  due  under  the  SRECs  are        payable at the time of delivery.     9
 MM Solar Parent, LLC and Subsidiaries                              Notes to Consolidated Financial Statements                                                  December 31, 2018 (Unaudited), 2017 and 2016  Note 2 - Significant Accounting Policies (Continued)        Income Taxes         The Company is treated as a partnership for federal income tax purposes. Consequently, federal income        taxes  are  not  payable  or  provided  for  by  the  Company.  The  member  is  taxed  individually  on  the        Company’s earnings. The Company’s net income or loss is allocated to the member in accordance with        the Company’s operating agreement.        Derivative Financial Instruments         The Company holds derivative financial instruments for the purpose of hedging certain identifiable and        anticipated transactions. In general, the types of risks hedged are those relating to the variability of future        interest rates. In hedging transactions in the normal course of business, the Company holds interest rate        swap  agreements  to  hedge  future  changes  in  interest  rates.  The interest  rate  swap  agreements  are        recognized in the accompanying balance sheet at fair value. Changes in fair value are recognized in other        comprehensive income for interest rate swaps designated as effective cash flow hedges, and as part of        net income for all others. Certain interest rate swap agreements that were previously designated as cash        flow hedges were de-designated as of January 1, 2016, for these agreements, the Company elected to        discontinue the use of hedge accounting prospectively.        Derivatives  are  held  only  for  the  purpose  of  hedging  such  risks,  not  for  speculation.  Generally,  the        Company enters into hedging relationships such that changes in the fair value of cash flows of items and        transactions  being  hedged  are  expected  to  be  offset  by  corresponding  changes  in  the  values  of  the        derivatives.        Fair Value of Financial Instruments         Financial instruments consist of cash, accounts receivable, accounts payable, accrued expenses, interest        rate  swap  agreements,  asset  retirement  obligations,  and  debt.  The  carrying  amount  of  cash,  accounts        receivable, accounts payable, accrued expenses, and debt approximates fair value due to either the short        maturity or the existence of variable interest rates that approximate prevailing market rates.   The carrying        amount  of  interest  rate  swap  agreements  and  asset  retirement  obligations  are  reported  at  fair  value,        which are described in Note 9.        Use of Estimates         The preparation of the consolidated financial statements in conformity with generally accepted accounting        principles requires management to make estimates and assumptions that affect the reported amounts of        assets  and  liabilities  and  disclosure  of  contingent  assets  and liabilities  at  the  date  of  the  consolidated        financial  statements  and  the  reported  amounts  of  revenue  and  expenses  during  the  reporting  period.        Actual results could differ from those estimates.        Other Comprehensive Income         Accounting principles generally require that recognized revenue, expenses, gains, and losses be included        in net income. Certain changes in assets and liabilities, however, such as unrealized gains and losses on        certain derivative instruments, are reported as a direct adjustment to the equity section of the balance        sheet. Such items, along with net income, are considered components of comprehensive income.     10
 MM Solar Parent, LLC and Subsidiaries                              Notes to Consolidated Financial Statements                                                  December 31, 2018 (Unaudited), 2017 and 2016  Note 2 - Significant Accounting Policies (Continued)        Upcoming Accounting Pronouncement         The  FASB  issued  ASU  2016-02, Leases,  which  will  supersede  the  current  lease  requirements  in  ASC        840. The ASU requires lessees to recognize a right-to-use asset and related lease liability for all leases,        with a limited exception for short-term leases. Leases will be classified as either finance or operating, with        the classification affecting the pattern of expense recognition in the statement of operations. Currently,        leases  are  classified  as  either  capital  or  operating,  with  only  capital  leases  recognized  on  the  balance        sheet. The  reporting  of  lease-related  expenses  in  the  statements  of  operations  and  cash  flows  will  be        generally  consistent  with  the  current  guidance.  The  new  lease  guidance  will  be  effective  for  the        Company's year ending December 31, 2019 and will be applied using a modified retrospective transition        method to the beginning of the year of adoption. Under the new standard, the Company will recognize a        right-to-use asset and related lease liability for its operating leases, and the expense amount recognized        in the statement of operations will be similar to the current accounting.         Subsequent Events (Unaudited)        The  consolidated  financial  statements  and  related  disclosures  include  evaluation  of  events  up  through        and including March 15, 2019, which is the date the consolidated financial statements were available to        be issued.  Note 3 - Distribution of MM Solar Holdings I, LLC and Subsidiary (Unaudited)        The  Company  distributed  100  percent  of  its  membership  interest in  MM  Solar  I  and  its  wholly  owned        subsidiary, SD Solar, to AES DE I.   At the date of distribution, fair value approximated book value.                                                                                       The  following  table  summarizes  the  approximate  fair  value  of  assets  and  liabilities  transferred        (unaudited):                                                                                          Cash                                                                $      48,000           Accounts receivable                                                        17,000           Solar energy systems                                                     3,715,000           Restricted cash                                                           137,000           Related party payable                                                      (2,500)           Accrued expenses                                                          (25,000)           Interest rate swap agreements                                             (34,000)           Long-term debt                                                          (1,606,000)           Asset retirement obligations                                             (118,000)                 Total                                                         $    2,131,500          Note 4 - Solar Energy Systems        Solar energy systems are summarized as follows as of December 31:                                                         2018         2017                                                            (Unaudited)                             Solar energy systems                     $  119,816,105  $  122,201,225                                                                    Accumulated depreciation                  17,756,125    15,315,235              Accumulated grants and rebates            27,502,630    27,502,630                                                        45,258,755    42,817,865                 Net solar energy systems           $   74,557,350 $  79,383,360    11
 MM Solar Parent, LLC and Subsidiaries                              Notes to Consolidated Financial Statements                                                  December 31, 2018 (Unaudited), 2017 and 2016  Note 4 - Solar Energy Systems (Continued)        Depreciation and amortization expense for the years ended December 31, 2018 (unaudited), 2017 and        2016 was $3,257,830, $3,169,194, and $3,169,194, respectively.  Note 5 - Intangible Assets          Intangible assets of the Company at December 31 are summarized as follows:                                                2018 (Unaudited)               2017                                           Gross Carrying Accumulated Gross Carrying Accumulated                                            Amount     Amortization   Amount     Amortization                          Customer contracts             $     80,000  $    24,785  $    80,000  $    20,785        Amortization  expense  for  intangible  assets  totaled  $4,000  for  the  years  ended  December  31,  2018        (unaudited), 2017 and 2016.        Estimated amortization expense for the years ended December 31 is as follows (unaudited):                                   Years Ending     Amount                                                                      2019        $         4,000                                   2020                  4,000                                   2021                  4,000                                   2022                  4,000                                   2023                  4,000                                   Thereafter           35,215                                      Total    $        55,215          Note 6 - Asset Retirement Obligations (Unaudited)        During  2018,  the  Company  was  able  to  reasonably  estimate  the  fair  value  of  its  asset  retirement        obligations. Accordingly, a liability has been established equal to the fair value of the obligation and the        carrying value of the solar energy systems has been increased by the same amount. The following is a        reconciliation of the aggregate retirement liability associated with the Company’s obligation to dismantle        and remove the solar energy systems.                                                         2018                                                      (Unaudited)                       Balance - January 1, 2018 (unaudited)    $         -           Liabilities recognized (unaudited)            2,146,656           Increase in present value of the obligation (unaudited)   123,433            Transfer of asset retirement obligation (Note 3)             (unaudited)                                 (118,264)           Balance - December 31, 2018 (unaudited)  $    2,151,825     12
 MM Solar Parent, LLC and Subsidiaries                                       Notes to Consolidated Financial Statements                                                                December 31, 2018 (Unaudited), 2017 and 2016  Note 7 - Long-term Debt           Long-term debt at December 31 is as follows:                                                                         2018                                                                      (Unaudited)         2017                                 Note  payable  to  a  lender  with  variable  bi-annual              principal  payments.  Interest  is  variable  based  upon              the  type  of  term  loan,  which  is  determined  at  the              withdrawal date. The Company's loan  is a  LIBO rate              loan  and  accrues  interest  at  LIBO  plus  1.65  percent              (4.44  percent  at  December  31,  2018).  The  note  is              collateralized  by  substantially  all  of  the  Company's              assets  and  matures  in  June  2026.   A  portion  of  the              proceeds  received  from  the  note  was  used  to  repay              the existing notes payable.                                                                    $    53,316,661  $            -               Various  notes  payable  to  banks  due  in  variable              monthly  or  quarterly  principal  payments,  including              fixed  and  variable  interest  rates  ranging  from  4.46              percent  to  6.5  percent  at December  31,  2017.  The              notes  were  collateralized  by  substantially  all  of  the              borrower's  assets  and  matured  at  various  dates              between  June  2022  and  March  2025.   The  notes              were  repaid  in  full  with  the  proceeds  from  the  2018              note.                                                                                 -        35,160,638               Unamortized debt issuance costs                           (4,241,923)      (1,250,217)                      Long-term debt less unamortized debt                        issuance costs                                   49,074,738       33,910,421                      Less current portion                                3,176,883        4,450,818                      Long-term portion                             $    45,897,855  $    29,459,603           The balance of the above debt matures as follows (unaudited):                                             Years Ending                                             December 31           Amount                                                                                              2019        $        3,703,405                                                 2020                 5,521,477                                                 2021                 5,563,499                                                 2022                 5,724,411                                                 2023                 6,040,621                                               Thereafter           26,763,248                                                     Total   $      53,316,661           Under the agreements with the bank, the Company is subject to various financial covenants, including           restricting and dictating the use of certain loan proceeds.           The Company entered into a new financing agreement during 2018 (unaudited), whereby a portion of the           proceeds from the agreement was used to repay the existing notes payable. Debt issuance costs as of           the date of the refinance in the amount of $1,040,306 were recognized as a loss on debt extinguishment.           The  Company  also  settled  the  interest  rate  swap  agreements  that  were  related  to  the  existing  notes           payable which were repaid. As a result, the Company recognized          a gain of $496,660 upon settlement,           which is included in other income on the accompanying consolidated statement of operations.     13
 MM Solar Parent, LLC and Subsidiaries                              Notes to Consolidated Financial Statements                                                  December 31, 2018 (Unaudited), 2017 and 2016  Note 7 - Long-term Debt (Continued)        Under the terms of the financing agreement, the Company also entered into letters of credit agreements        to  satisfy  the  current  debt  service  reserve  ("DSR")  and  operating  and  maintenance  reserve  ("O&M")        requirements. Both reserve requirements have a maximum commitment of $2,557,639 each. Collectively,        the DSR and O&M letters of credit bear interest at a rate as defined in the financing agreement upon the         Company's initial borrowings, payable quarterly. Additionally, the Company is required to pay a quarterly        commitment fee of 1.65 percent of the defined available balance of the letters of credit. As of December        31, 2018 (unaudited), the Company had not borrowed amounts under either of the letters of credit. Upon        borrowing,  the  letters  of  credit will  require  repayment,  as  defined  in  the  financing  agreement,  through        maturity in June 2026. These letters of credit are cross-collateralized with the 2018 note payable.  Note 8 - Derivatives        The Company is exposed to certain risks in the normal course of its business operations. The main risks        are those relating to the variability of future earnings and cash flows, which are managed through the use        of derivatives. All derivative financial instruments are reported in the balance sheet at fair value.        In  particular  interest  rate  swap  agreements  which  are  designated  as  cash  flow  hedges  are  used  to        manage the risk associated with interest rates on fixed-rate borrowings.         For cash flow hedges, the effective portion of the gain or loss on the derivative instrument is included as a        component  of  other  comprehensive  income  and  reclassified  into  earnings  in  the  same  period  during        which the hedged transaction is recognized in earnings. Gains or losses on the derivative representing        either hedge ineffectiveness or hedge components excluded from the assessment of effectiveness are        recognized  in  current  earnings.  The  Company  recognized  no  ineffectiveness  for  the  year  ended        December 31, 2018 (unaudited).        Any  gains  or  losses  recognized  on  derivatives  that  are  not  designated  as  hedging  instruments  or  for        which the Company has elected not to apply hedge accounting are recognized in current year earnings.        As of December 31, 2018 (unaudited), the Company held two interest rates swaps with a total notional        amount  of  $52,783,494.   The  effective  date  of  the  interest  rate  swap  agreements  was  December  21,        2018.   The  interest  rate  swap  agreements  mandatorily  terminate on  June  19,  2026.   The  notional        amounts decrease in conjunction with the decrease of the associated debt balance.   Gains and losses        recognized on the interest rate swaps of $69,268 have been recognized in interest expense for the year        ended December 31, 2018 (unaudited). The Company expects to recognize losses of $157,930 over the        next 12 months related to the unrealized loss of $847,027 in other comprehensive income at December        31, 2018 (unaudited).   See Note 2 and Note 9 for additional information.  Note 9 - Fair Value Measurements        Accounting  standards  require  certain  assets  and  liabilities  be reported  at  fair  value  in  the  financial        statements and provide a framework for establishing that fair value. The framework for determining fair        value is based on a hierarchy that prioritizes the inputs and valuation techniques used to measure fair        value.        Fair  values  determined  by  Level  1  inputs  use  quoted  prices  in  active  markets  for  identical  assets  or        liabilities that the Company has the ability to access.         Fair values determined by Level 2 inputs use other inputs that are observable either directly or indirectly.        These Level 2 inputs include quoted prices for similar assets and liabilities in active markets and other        inputs such as interest rates and yield curves that are observable at commonly quoted intervals.         Level  3  inputs  are  unobservable  inputs,  including  inputs  that  are  available  in  situations  where  there  is        little, if any, market activity for the related asset or liability. These Level 3 fair value measurements are        based  primarily  on  management’s  own  estimates  using  pricing  models,  discounted  cash  flow        methodologies, or similar techniques taking into account the characteristics of the asset or liability.     14
 MM Solar Parent, LLC and Subsidiaries                              Notes to Consolidated Financial Statements                                                  December 31, 2018 (Unaudited), 2017 and 2016  Note 9 - Fair Value Measurements (Continued)        In instances whereby inputs used to measure fair value fall into different levels in the above fair value        hierarchy, fair value measurements in their entirety are categorized based on the lowest level input that is        significant to the valuation. The Company’s assessment of the significance of particular inputs to these        fair value measurements requires judgment and considers factors specific to each asset or liability.         The following tables present information about the Company’s assets and liabilities measured at fair value        on a recurring basis at December 31, 2018 (unaudited) and 2017 and the valuation techniques used by        the Company to determine those fair values.                                           Liabilities Measured at Fair Value on a Recurring Basis at Decembe                                                        31, 2018 (Unaudited)                                        Quoted Prices in                                        Active Markets Significant Other Significant Balance at                                         for Identical Observable  Unobservable December 31,                                           Assets       Inputs        Inputs       2018                                          (Level 1)    (Level 2)     (Level 3)   (Unaudited)                                                                  Liabilities                                  Interest rate swap agreements  $   -  $      847,027 $        -  $     847,027                   Total liabilities   $         -  $      847,027 $        -  $     847,027                                          Assets and Liabilities Measured at Fair Value on a Recurring Basis a                                                         December 31, 2017                                        Quoted Prices in                                        Active Markets Significant Other Significant                                         for Identical Observable  Unobservable  Balance at                                           Assets       Inputs        Inputs    December 31,                                          (Level 1)    (Level 2)     (Level 3)     2017                                                                 Assets                                       Interest rate swap agreements  $   -  $      168,875 $        -  $     168,875                   Total assets        $         -  $      168,875 $        -  $     168,875            Liabilities                                  Interest rate swap agreements  $   -  $      190,477 $        -  $     190,477                   Total liabilities   $         -  $      190,477 $        -  $     190,477        The fair value of interest rate swap agreements is determined by using the income valuation technique        and discounted cash flows model for the spread between the fixed rates and the forward interest rates in        effect  when  future  settlements  occur.  The  fair  value  is  determined  primarily  based  on  Level  2  inputs        including  the  forward  interest  rate  curve,  notional  amounts,  contract  terms,  and  a  discount  rate        considered  by  management  to  represent  a  market  rate.   The  credit  risk  of  the  Company  and  the         counterparty are also considered in the fair value determination.        The Company also has asset retirement obligation liabilities that, under certain conditions, are subject to        measurement at fair value on a nonrecurring basis.   The Company has estimated the fair values of these        liabilities using a discounted cash flow model based primarily on Level 3 inputs (unaudited) including the        estimated cost of removal of the underlying systems ($0.04 - $0.24 per Watt); the economic lives of the        systems (30 years); the inflation rate (2.2 percent); and the credit-adjusted risk-free rate of the Company        (5.75 percent). The Company has processes in place to select the appropriate valuation technique and        unobservable inputs to perform Level 3 fair value measurements.       15
 MM Solar Parent, LLC and Subsidiaries                              Notes to Consolidated Financial Statements                                                  December 31, 2018 (Unaudited), 2017 and 2016  Note 12 - Contract Liability         The  following  table  presents  information  about  the  Company’s  liabilities  measured  at  fair  value  on  a        nonrecurring basis at December 31, 2018 (unaudited). There were no liabilities measured at fair value on        a nonrecurring basis at December 31, 2017.                                    Liabilities Measured at Fair Value on a Nonrecurring Basis at December 31, 2018                                                           (Unaudited)                                   Quoted Prices in                 Significant                                 Active Markets for Significant Other Unobservable Balance at                                  Identical Assets Observable Inputs Inputs    December 31, 2018                                     (Level 1)      (Level 2)       (Level 3)     (Unaudited)                                                    Asset retirement obligation      $         -    $         -     $   2,151,825  $    2,151,825  Note 10 - Related Party Transactions        The following is a description of transactions between the Company and related parties:        Accounts Receivable        At December 31, 2017, the Company had a receivable from a related entity totaling $30,764, which was        remitted to the Company during 2018.        Related Party Annual Capacity Fees        The  Company's  operating  subsidiaries  have  operations  and  management  agreements  (the  "O&M        Agreements") with AES Distributed Energy, Inc. ("AES DE"), the parent company of AES DE I. The terms        of O&M Agreements will remain in effect for the duration of the PPAs associated with the underlying solar        energy systems, not less than 20 years. The O&M Agreements require the Company to pay AES DE an        annual  fee  payable  in  12 equal  monthly  installments  based  on an  annual  fee  ranging  from  $0.0145  to        $0.0363 per watt of solar energy system capacity for the first year of the agreement. As defined in the        O&M  Agreements,  upon  each  anniversary  of  the  operating  subsidiaries'  respective  effective  dates,  the        annual fee will generally increase between 1 percent and 2.5 percent. Annual capacity expense for the        years  ended December 31,  2018 (unaudited),  2017 and  2016 was  $684,751,  $673,070  and  $661,810,        respectively,  and  is  reflected  in  operating,  maintenance,  and  asset  management  expenses  on  the        accompanying consolidated statements of operations. As of December 31, 2018 and 2017, the Company        had accrued $55,352 (unaudited) and $64,005, respectively, for unpaid annual fees, which is included in        related party payable on the accompanying consolidated balance sheet.        Other Related Party Transactions        During the years ended December 31, 2018 (unaudited), 2017 and 2016, AES DE paid certain expenses        on behalf of the Company, of which $11,550 and $45,629 remained payable to AES DE as of December        31, 2018 (unaudited) and 2017, respectively, excluding accrued and unpaid annual capacity fees. These        expenses  are  included  in  operating  expenses  on  the  accompanying  consolidated  statements  of        operations.  Note 11 - Contingencies         The  Company  recognizes  liabilities  for  environmental  remediation  costs  when  such  obligations  are        probable and reasonably estimable. As of December 31, 2018 (unaudited) and 2017, the Company is not        aware of any environmental contingencies.                           17
 MM Solar Parent, LLC and Subsidiaries                              Notes to Consolidated Financial Statements                                                  December 31, 2018 (Unaudited), 2017 and 2016  Note 12 - Contract Liability                 The following table provides information on the changes in the balance of contract liability for the years        ended December 31:                                                                      2018                                                                   (Unaudited)     2017                                                                              Opening balance                                        $    1,560,493  $  1,265,431           Increase in liability                                       2,529,581    2,516,311           Less revenue recognized from continuing operations        (2,216,613)   (2,221,249)           Closing balance                                        $    1,873,461 $  1,560,493        Total  contract  liabilities  increased  by  $312,968  and  $295,062  during  2018  (unaudited)  and  2017,        respectively. The increase was primarily due to amounts billed in excess of revenue recognized.  Note 13 - Operating Leases        The  Company  is  obligated  under  operating  leases  for  land  rental  for  certain  solar  energy  systems,        expiring  at  various  dates  through  December  2038.  The  leases  require  the  Company  to  pay  taxes,        insurance,  utilities,  and  maintenance  costs.  Total  rent  expense  under  these  leases  was  $261,350,        $257,689,  and  $265,011,  during  the  years  ended  December  31,  2018  (unaudited),  2017  and  2016,        respectively.        Future  minimum  annual  commitments  under  these  operating  leases are  approximately  as  follows        (unaudited):                                   Years Ending December 31    Amount                                                                            2019                 $      182,000                                         2020                        185,500                                         2021                        189,000                                         2022                        193,000                                         2023                        197,000                                        Thereafter                  3,585,000                                         Total                $     4,531,500        As required by these operating leases, the Company must hold cash in escrow accounts to cover the cost        to remove the solar energy systems. The minimum escrow requirement under these leases is $450,000        and as stated in the lease agreements, are subject to revaluation. As of December 31, 2018 (unaudited)        and  2017,  the  Company  held  $459,970  and  $455,408,  respectively,  of  its  total  restricted  cash  on  the        accompanying consolidated balance sheet in escrow accounts for the minimum escrow requirements.  Note 14 - Members' Equity        Membership interests in the Company consist of one unit class, of which 1,000 membership interests are        authorized  and  outstanding.  In  accordance  with  the  Company's  operating  agreement  (the  "Operating        Agreement"), all unit holders are entitled to one vote for each unit held. As of the Acquisition Date, AES        DE I held 100 percent of the membership interest.          Prior to the Acquisition Date, net profits, as defined in the Operating Agreement, were first allocated to        AES DE I until the net profits for the current and all prior fiscal years allocated to AES DE I equal the        distributions made to AES DE I, and all remaining net profits were allocated to HADH.       17