Document:

EX-10.16

 Exhibit 10.16 

TRANSITION SERVICES AGREEMENT 

TRANSITION SERVICES AGREEMENT (this “Agreement”), dated as of August 4, 2022 (the “Effective
Date”), by and among Goldman Sachs Asset Management, L.P., a Delaware limited partnership (“Provider”), Goldman Sachs Renewable Power LLC, a limited liability company organized under the laws of the State of Delaware
(“GSRP”), MN8 Energy, Inc., a Delaware corporation (“GSRP Holdings”), Goldman Sachs Renewable Power Operating Company LLC, a Delaware limited liability company (“OpCo” and, together with GSRP and
GSRP Holdings, the “Recipients”). Each of the foregoing is sometimes referred to herein individually as a “Party” and collectively as the “Parties”). 

W I T N E S S E T H: 

WHEREAS, the business of the Recipients has historically been externally managed by Provider; and 

WHEREAS, on May 18, 2022, Provider, the Recipients, and GSAM Holdings II LLC, a Delaware limited liability company, entered into
that certain Internalization Agreement (the “Internalization Agreement”), which provides, among other things, upon the terms and subject to the conditions thereof, for the execution and delivery of this Agreement, whereby Provider
shall provide, or cause to be provided, to the Recipients certain transitional services with respect to the business of the Recipients (the “Business”) on the terms and subject to the conditions set forth herein. 

NOW, THEREFORE, in consideration of the mutual agreements set forth herein and in the Internalization Agreement, it is hereby agreed as
follows: 
 1. Defined Terms; Interpretation and Rules of Construction. 

(a) Unless otherwise defined herein, capitalized terms used in this Agreement shall have the meanings given them in the Internalization
Agreement. 
 (b) Pursuant to this Agreement, Provider shall use commercially reasonable efforts to provide or cause to be provided to the
Recipients certain services. For convenience, the services to be provided hereunder are referred to herein in the singular as a “Service” and collectively as the “Services”. 

2. Services. 
 (a) Subject
to the terms and conditions of this Agreement, Provider shall use commercially reasonable efforts to provide, or cause to be provided, to the Recipients the Services described in Exhibit A. 

(b) Exhibit A identifies, in the “Service Sub-Category” column,
(i) Provider’s personnel (the “Provider Representatives”) who will be responsible for coordinating with the Recipients the provision of Services under this Agreement and (ii) the Recipients’ personnel (the
“Recipient Representatives”, and together with the Provider Representatives, collectively the “Representatives”) who will be Provider’s primary points of contact for the Provider Representatives to perform the
Services under this Agreement. If an update to the Representatives identified on Exhibit A is necessary prior to the termination of this Agreement, the Party requiring such update shall provide the other Parties with prior written notice of
such update, which notice shall include the name and contact information of any new and/or replacement Representative(s). 

 (c) The Recipients acknowledge that Provider shall have the right to cause third-party
subcontractors (“Third-Party Providers”) to provide all or part of any of the Services hereunder; provided, that (i) Provider shall in all cases remain responsible for the provision of the Services to be performed by any
Third-Party Provider, (ii) each Third-Party Provider is subject to confidentiality provisions at least reasonably equivalent to those set forth herein and (iii) Provider shall use the same degree of care in selecting any such Third-Party
Provider as it would if such Third-Party Provider was being retained to provide similar services to Provider and the use of such Third-Party Provider shall not result in any greater expense to any Recipient than would have accrued had Provider
contracted for such services on its own behalf. 
 3. Cooperation. 

(a) Provider hereby appoints Anthony Mirabile and the Recipients appoint Patrick McAlpine (each, a “Relationship Manager”) to
supervise, coordinate, and manage the performance by such Party under this Agreement. Each Party shall have the right to replace the individual acting as its Relationship Manager upon prior written notice to the other Party with another person. The
Relationship Managers shall operate as the main interface between Provider and the Recipients, and each Relationship Manager shall be responsible for identifying the appropriate individuals within Provider or the Recipients, whichever is applicable,
who shall provide information and documentation in order for the Parties to perform their respective obligations hereunder. The Parties shall cooperate with each other in good faith in all matters relating to the provision and receipt of the
Services. The Relationship Managers shall meet periodically during the term of the Agreement, but in no event less than once a month, to discuss the Services, any concerns with the Services, and to receive updates on the Recipients’ progress
towards transitioning off of the Services. 
 (b) In providing the Services and performing its other obligations hereunder, under no
circumstances shall Provider be required to (i) maintain the employment of any specific employee, (ii) pay any costs related to the transfer or conversion of the Recipients’ data to Provider or any alternate supplier of Services, or
(iii) act as guarantor or third party to any agreements transferred to the Recipients that are required for the Services. Provider shall not be obligated to provide any Service in violation of Applicable Law or that Provider’s independent
auditors reasonably conclude will result in material deficiencies with Provider’s internal financial controls in connection with the keeping of its financial books and records or the preparation of its financial statements. Subject to
Section 6(a), Provider shall use commercially reasonable efforts to obtain any necessary consents, licenses or approvals of any Third-Party Provider of any products or services required to be used in providing the Services
pursuant to this Agreement (“Third-Party Products and Services”), at the Recipients’ sole cost and expense. The Recipients understand and agree that provision of any Services requiring the use of any Third-Party Products and
Services shall be subject to receipt of any necessary consents, licenses or approvals of the applicable Third-Party Providers and that the provision of the Third-Party Products and Services will be subject to the terms and conditions under the
applicable agreements with the Third-Party Providers. 
 (c) All intellectual property (i) owned by Provider or any Third Party Provider
prior to the Effective Date or (ii) conceived, developed, authored, or created by Provider or any Third Party Provider outside of this Agreement during the performance of the Services to be provided to the Recipients, and used by them in
connection with the provision of Services (for the sake of clarity, excluding any such items being the property of the Recipients that are provided by the Recipients to Provider to facilitate Provider’s provision of the Services to the
Recipients) (the “Provider Intellectual Property”) hereunder shall remain the property of Provider or the Third Party Provider, as applicable, and shall at all times be under the sole direction and control of Provider or such Third
Party Provider. Provider hereby grants, and shall cause the Third Party Provider to grant, a worldwide, non-exclusive, irrevocable, perpetual, royalty-free, transferrable and sublicensable (through multiple
tiers) license under the Provider Intellectual Property that is specifically and exclusively developed for Recipients for its Use in the current Business of the GSRP Entities and any Permitted Business Sector. Use shall mean the rights to
(i) make, use, sell, offer to sell, and import any apparatus, method and system in the 

  
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event that Provider Intellectual Property are rights that fall under patent law, (ii) reproduce, prepare derivative works, distribute, perform, and display any works of authorship in the
event that Provider Intellectual Property are rights that fall under copyright law, and make, use, sell, offer to sell, import, export, market, copy, reproduce, preparte derivative works, distribute, perform and display in the event that Provider
Intellectual Property are rights that fall within any other intellectual property. 
 4. Period of Time During which Services will be
Provided. 
 (a) Unless this Agreement is terminated earlier and notwithstanding an Extension Term as set forth in this
Section 4(a), Provider shall provide each Service through and including the respective end date specified for such Service on Exhibit A (in each case, an “End Date”). The Recipients may, upon no less than thirty
(30) days’ prior written notice to Provider, request to extend an End Date by the applicable period set forth on Exhibit A (the “Extension Term”). If the Recipients (or the Parties, as applicable) extend an End Date
as set forth in this Section 4(a), then the Service Fees with respect to such extended Service will automatically be increased by 15% of the initial cost of such Service during the first Extension Term, and will automatically be
increased by 30% of the initial cost of such Service for any additional Extension Terms (and Exhibit A will be deemed to be amended to reflect such increases, as applicable). If the Parties extend the End Date of any Service that has been
identified on Exhibit A as being intertwined with one or more other Services, then the End Date of such other Services must also be extended. In the event the Recipients extend an End Date for Regulatory Filings Data/Investor Reporting, then
the Service Fees with respect to such extended Service will be exempt from the automatic 15% Service fee increase, and any automatic Service fee increase following any additional extension of said Service. 

(b) Except as may specifically be set forth in Exhibit A, the Recipients may terminate this Agreement at any time with respect to any
Service upon giving Provider no less than thirty (30) days’ prior written notice, which notice shall include the effective date of such termination (which may not be fewer than thirty (30) days following Provider’s receipt of
such notice, in which event the Recipients shall not be relieved from any obligations arising under this Agreement prior to such termination of any or all of the Services or such obligations respecting those Services it continues to receive and
shall be responsible to pay for such terminated Service through the date of its termination. For the avoidance of doubt, the Recipients will not be refunded a pro-rata amount upon termination of any Service
with a One Time Fee (as specified in Exhibit A). It is agreed that the Recipients shall pay to Provider the actual, out-of-pocket, third-party costs incurred by
Provider directly resulting from such early termination of any Service, which such costs shall be set forth in a written statement, together with reasonable supporting detail for the determination thereof, provided by Provider to the Recipients.
Subject to this Article 4, this Agreement shall terminate with respect to a particular Service on the applicable End Date for such Service. This Agreement shall terminate in its entirety upon the termination of the last Service being provided
pursuant to this Agreement, unless otherwise mutually agreed in writing by the Parties. 
 (c) Upon termination of this Agreement, the
Recipients shall coordinate and cooperate with Provider regarding the return of certain assets set forth on Exhibit D. 
 (d)
Sections 4(c) (Post-Termination Obligations), 6 (Fees for the Services), 9 (Warranties; Limitations of Liability), 11 (Confidentiality) and 12 (Miscellaneous) shall survive the expiration or termination of this
Agreement in whole or with respect to one or more Services. 

  
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 5. Service Quality; Level of Services; Use of Services. 

(a) Provider shall perform the Services for the Recipients in a manner and quality that are substantially consistent with Provider’s
provision of Services for the Business during the six (6)- month period immediately prior to the execution of this Agreement (“Baseline Period”) and in compliance with Applicable Law. For any Services for internalization support not
provided to the Recipients by Provider prior to the closing of the Internalization Agreement, Provider shall perform such Services for the Recipients in a manner no less favorable than the manner in which Provider provides such Services internally
to its own business. Provider shall not be responsible for any inability to provide a Service or any delay in doing so to the extent that such inability or delay is the result of the failure of the Recipients to timely provide the information,
access, or other cooperation reasonably necessary for Provider to provide such Service. 
 (b) The Recipients agree that their use of any and
all Services hereunder shall not be substantially greater than or different from, taking into account that the Recipients are now unaffiliated third parties of Provider, their receipt of said services in connection with the Business during the
Baseline Period. 
 (c) The Recipients shall not, and shall cause their Affiliates not to, permit the use of the Services by any Person other
than by the Recipients in connection with the conduct of the operations of the Business as conducted during the Baseline Period and consistent with Section 5(b). 

(d) In the event that the Recipients hire any personnel of Provider or its Affiliates after the date of this Agreement, the Recipients
acknowledge and agree that after the date thereof, Provider shall have no further obligation to provide Services that were provided by such personnel. 

6. Fees for the Services. 

(a) In consideration for any Services provided under this Agreement, the Recipients shall pay the fees applicable to such Services as set forth
in Exhibit A (“Service Fees”) and any additional out-of-pocket costs incurred by Provider in the use of Third-Party Providers to provide the
Services; provided, that Provider must obtain the Recipients’ prior written consent for any costs in the aggregate in excess of $100,000. For the avoidance of doubt, such Services Fees represent the total amount due from the Recipients
as a whole and not on an individual basis. Subject to Section 4(b), the Recipients shall not be obligated to pay the Service Fees for Services that they do not receive; provided that a failure to meet the service standards set forth in
Section 5(a) shall not alone relieve the Recipients of their obligations under this Section 6. 
 (b) If as the
result of any change in the type, configuration and/or level of Services requested by the Recipients, in each case as agreed to by the Parties in writing, Provider expects to incur any additional expenses not reflected in the amounts set forth in
Exhibit A, Provider shall notify the Recipients of the expected additional expenses (and obtain the Recipients’ prior written consent if such expenses are expected to exceed $100,000 in the aggregate), and the Recipients shall reimburse
Provider for such additional expenses; provided, that if the Recipients do not consent, Provider is not obligated to provide such Services. Provider will submit to the Recipients for payment monthly invoices of amounts due in arrears under
this Agreement. Any Services that are monthly fees, expenses or charges will apply to each full month and, on a pro rata basis, to each partial month in which the applicable Service is provided. 

(c) To the extent applicable, for the period commencing on the Effective Date and terminating upon the transfer of the Lease to a Recipient,
the Recipients shall reimburse Provider for any scheduled lease payments made by Provider or its Affiliates during such period under that certain lease agreement dated February 25, 2019 (the “Lease”) for the office premises
located at 750 Park of Commerce Boulevard in Boca Raton, Florida. 

  
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 (d) Except as may otherwise be specifically provided in Exhibit A, the Recipients
shall pay to Provider the undisputed amounts and expense reimbursements set forth in this Section 6 on a monthly basis within thirty (30) days of receipt of invoice (the “Initial Payment Date”). Each invoice shall
itemize each Service provided to the Recipients and its corresponding Service Fee, and for any Service identified in Exhibit A as having variable costs, Provider shall also provide to the Recipients reasonable supporting detail for the
determination of such variable costs. The Recipients may in good faith object to any amounts and expense reimbursements owed by the Recipients to Provider pursuant to Provider’s invoice; provided, that (A) the Recipients shall pay
any undisputed amounts and undisputed expense reimbursements and (B) such objection is made in writing to Provider no later than thirty (30) days after receipt of the applicable invoice. The Parties shall meet as expeditiously as possible
to resolve such dispute. If such dispute is not resolved between the Parties within thirty (30) days after delivery of any such written objection, the Parties agree to submit the dispute to arbitration, subject to Section 12(e).

 (e) If the Recipients fail to make payment for any Services in accordance with this Section, they shall be required to pay, in addition to
such unpaid amount, interest on such amount at the rate of interest per annum publicly announced by JP Morgan Chase Bank from time to time as its prime rate in effect at its office located at 270 Park Avenue, New York, New York. 

7. Network Access and Security. 

(a) All interconnectivity by Provider to the computing systems and/or networks of the Recipients and all attempts at such interconnectivity
shall be only through the security gateways/firewalls of the Parties or through such other security means as used by Provider (or otherwise in accordance with Provider’s then-current security policies) to provide Services to the Business
immediately prior to the Closing. 
 (b) No Party shall access, and the Parties will take reasonable actions designed to prevent unauthorized
Persons from accessing, the computing systems and/or networks of any other Party without such other Party’s express written authorization or except as otherwise authorized or reasonably required by such other Party pursuant to this Agreement,
and any such actual or attempted access shall be consistent with any such authorization or this Agreement. 
 (c) The Recipients shall comply
with any and all rules, policies and procedures of Provider related to the access and use of the information systems, software and data of Provider (as provided to the Recipients in writing and as may be updated from time to time in the ordinary
course of business provided, that Provider shall provide the Recipients and its personnel advanced written notice of any modified rules, policies and procedures), including, without limitation, execution of applicable
on-boarding documentation, and rules, policies and procedures applicable to non-employees, visitors, and guests of Provider. If Provider determines, in its reasonable
discretion, that further screening of the Recipients’ personnel is required because of the access to systems, premises or information contemplated by the Services, then Provider may also conduct background, reference, educational, criminal
record, credit and other checks, as well as finger printing and drug screens (where such testing is permissible by Applicable Law), and require additional agreements on confidentiality and security with such personnel in its reasonable discretion,
provided that such background check will not be required to the extent that Recipient personnel will only have access to the premises provided by the Services, and not any information systems of Provider. Attached hereto as Exhibit E are the Cyber
Security Incident Reporting and Vulnerability Management processes, which the Parties will complete as soon as practicable. Relationship Managers shall review any security concerns, status of security for specific services, and potential incidents.

 (d) The Parties shall use commercially reasonable efforts to maintain, and update pursuant to a commercially reasonable schedule, and more
frequently in response to specific threats that become known from time to time, a virus detection/scanning program in connection with the connectivity by the Recipients to Provider computing systems and/or networks, which shall be consistent in all
material respects with that used by such Parties immediately prior to the Closing. 

  
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 8. Indemnification. 

(a) The Recipients agree to indemnify Provider and its Affiliates and Subsidiaries and their respective managers, officers, directors,
employees, representatives, successors and permitted assigns (collectively, the “Provider Indemnified Parties”) and hold them harmless from and against any and all third-party claims, actions, damages, liabilities, taxes and
expenses (“Damages”) incurred by the Provider Indemnified Parties, to the extent caused by, resulting from or arising out of the provision of Services under this Agreement, except, with respect to any Provider Indemnified Party, to
the extent that such Damages result from the gross negligence, willful misfeasance or bad faith of such Provider Indemnified Party; provided, however, that in no event shall any Recipient be responsible for any income tax liabilities
of the Provider Indemnified Parties or any of their direct or indirect owners. 
 9. Warranties; Limitations of Liability. 

(a) EXCEPT AS EXPRESSLY PROVIDED IN SECTION 5, PROVIDER MAKES NO WARRANTY, EXPRESS OR IMPLIED, WITH RESPECT TO ANY OR ALL OF THE
SERVICES PROVIDED HEREUNDER. In no event shall Provider or any of its Affiliates have any liability to the Recipients for any claims, losses, damages, judgments, costs or expenses which the Recipients may suffer or incur solely as a result of
injuries to personnel of the Recipients.     
 (b) In no event shall Provider or its Affiliates or the Recipients or
their Affiliates have any liability, whether in contract, tort (including negligence and strict liability) or otherwise, for any special, indirect, incidental, treble, multiple-based or consequential damages whatsoever (except, in each case, to the
extent any such amount is awarded to a third party by a court of competent jurisdiction) which in any way arise out of, relate to or are a consequence of, the performance or nonperformance by it hereunder or the provision of, or failure to provide,
any Service hereunder, including with respect to loss of profits, business interruptions or claims of customers.     

(c) In the event of any breach of this Agreement by Provider with respect to any error, defect or breach in the manner of provision of any
Service, Provider shall notify the Recipients in writing and use commercially reasonable efforts to correct in all material respects such error, defect or breach or re-perform in all material respects such
Service at the request of the Recipients. 
 (d) The liability of Provider and its Affiliates or the Recipients and its Affiliates with
respect to or arising out of this Agreement or any act or failure to act in connection herewith (including, the performance or breach hereof), or from the sale, delivery, provision or use of any Service provided under or covered by this Agreement,
whether in contract, tort (including negligence and strict liability) or otherwise, shall be limited to the aggregate fees payable under the Agreement in the last twelve (12) months. 

10. Taxes. 
 (a) In
addition to the Service Fees applicable to the Services or other amounts payable by the Recipients hereunder, the Recipients shall pay all applicable sales, use, value added, GST, consumption or other similar taxes chargeable on the Service Fees or
otherwise on the provision of Services provided for herein, together with any interest, penalties or amounts imposed with respect thereto (“Service Taxes”), regardless of whether such Service Taxes are invoiced with the applicable
fee payment, added retroactively or subsequently imposed in connection with any tax audit, claim, assessment or other tax proceeding. Any such Service Taxes shall be paid directly to the relevant taxing authority by the Party primarily or
customarily responsible under Applicable Law for the payment of such Service Taxes; provided, however, 

  
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that if the Provider is required to pay such Service Taxes the Recipients shall reimburse Provider for such Service Taxes within thirty (30) days of receipt by the Recipients of an invoice
with respect thereto and written evidence of the remittance of such Service Taxes to the relevant taxing authority. If any Recipient is exempt from any Service Taxes, such Recipient shall furnish Provider with a valid and properly completed resale
or other applicable exemption certificate, as required under Applicable Law. 
 (b) If Applicable Law requires that an amount in respect of
any taxes, levies or charges be withheld from any payment to Provider under this Agreement, the Recipients shall (i) notify Provider of such required withholding, (ii) withhold from amounts otherwise due to Provider hereunder any taxes
required to be withheld, and (iii) remit such withheld taxes when due to the applicable taxing authorities, and the amount payable to Provider shall be increased as necessary so that, after such withtholding, Provider receives an amount equal
to the amount it would have received had no such withholding been required (including any withholding imposed in respect of any additional amounts paid hereunder); provided, for the avoidance of doubt, that the amount payable to Provider
shall not be increased with respect to any tax which is based on Provider’s net income. As soon as practicable after any remittance of withheld taxes to a taxing authority pursuant to this Section 10(b), the Recipients shall deliver
to Provider written evidence in a form reasonably acceptable to Provider of the remittance to the applicable taxing authority of such withheld taxes. The Recipients shall provide Provider with reasonable cooperation or assistance as may be necessary
to enable Provider to claim exemption from, or a reduction in the rate of, any withholding taxes (including, without limitation, pursuant to any applicable double taxation or similar treaty), to receive a refund of such withholding taxes or to claim
a tax credit therefor. 
 11. Confidentiality. 

(a) The non-public, confidential and/or proprietary materials and/or information that may be provided
by one Party to any other Party in connection with this Agreement are referred to herein as “Confidential Information.” Each Party (a “Disclosing Party”) agrees not to (i) disclose the Confidential Information
of any other Party (a “Non-Disclosing Party”) to any third party or (ii) use the Confidential Information except as necessary to perform its obligations under this Agreement or implement
the Services, in either case without the express written consent of the Non-Disclosing Party. Further, each Party shall be responsible for any breaches of this Section 11 by its and its
Affiliates’ employees and agents. At the expiration of termination of this Agreement, all documents and other materials constituting Confidential Information of a Party shall be returned and/or destroyed by the other Parties and the Recipients
shall terminate and shall cause their employees, agents and representatives to terminate all access to any and all Provider computer systems; provided, however, the Recipients shall be entitled to retain and utilize those documents and
materials that constitute or reflect Confidential Information and that were received by them as a result of Provider’s performance of the Services, provided, further, that (A) such information is necessary to operate the Business,
(B) the Recipients agree to maintain confidentiality of such information, and (C) the Recipients only use such information for internal purposes. These confidentiality provisions shall survive the expiration or earlier termination of this
Agreement for a period of three (3) years after the Closing Date. 
 (b) Confidential Information shall not be deemed to include, and no
Party shall have any confidentiality obligations with respect to, any information which (i) was generally known by the public at the time disclosed by a Disclosing Party (other than as a result of a disclosure by such Disclosing Party or its
representatives in violation hereof), (ii) is or was disclosed lawfully to a Disclosing Party by another person other than the Non-Disclosing Party that, to the receiving party’s knowledge, is not subject
to a confidentiality obligation with respect thereto, (iii) is developed independently by the relevant Disclosing Party without the use of, or reference to, the other Party’s Confidential Information, or (iv) is shared with a taxing
authority or other governmental agency. 

  
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 (c) In the event that a Non-Disclosing Party
receives a request, or is required, to disclose any Confidential Information under a subpoena, court order, statute, law, rule, regulation or inquiry issued by a court of competent jurisdiction or by a judicial or administrative agency, legislative
body or committee, or self-regulatory organization (each a “Legal Request”), such Non-Disclosing Party shall, as permitted by Applicable Law, promptly notify the Disclosing Party in writing of
such demand for disclosure so that the Disclosing Party may seek to avoid or minimize the Legal Request or obtain an appropriate protective order or other relief, or in the discretion of the Disclosing Party, waive compliance with the provisions of
this Agreement. If so requested, the Non-Disclosing Party shall reasonably cooperate in the defense against any Legal Request. If the Disclosing Party is unable to obtain or does not seek a protective order
and the Non-Disclosing Party is legally required to disclose such Confidential Information, the Non-Disclosing Party will disclose only that portion of the requested
Confidential Information that it is required to disclose. The Disclosing Party agrees to reimburse the Non-Disclosing Party for its reasonable expenses, including the reasonable fees and expenses of its
counsel, in connection with action taken pursuant to this paragraph. Notwithstanding the foregoing, notice to the Disclosing Party shall not be required where disclosure is made in response to an inquiry or examination by a regulatory or
self-regulatory authority or bank examiner. 
 (d) During the term of this Agreement, to the extent the Recipients come across any of
(i) Provider’s private credit group information or (ii) Provider’s information that is not related to the Business, either intentionally or through no fault of its own, the Recipients agree to immediately destroy such information
and notify the Provider of the same. 
 12. Miscellaneous. 

(a) Notices. All notices, requests and other communications to any Party hereunder shall be in writing and shall be delivered by hand or
sent by facsimile (with confirmation of receipt) or sent by email (with confirmation of receipt) or sent, postage prepaid, by registered, certified or express mail or reputable overnight courier service (provided that notices of breach or
termination shall only be delivered by registered, certified or express mail or reputable overnight courier service) and shall be given, 
  

	 	(i)	 if to the Recipients, to: 

Goldman Sachs Renewable Power LLC 

1155 Avenue of the Americas, 27th Floor 

New York, NY 10036 
 Attention:
Patrick McAlpine 
 E-mail: patrick.mcalpine@mn8energy.com 

with a copy (which shall not constitute notice) to: 

Vinson & Elkins LLP 

845 Texas Avenue 
 Houston,
Texas 77002 
 Attention: Douglas E. McWilliams, Crosby W. Scofield 

E-mail: dmcwilliams@velaw.com; cscofield@velaw.com 

 

	 	(ii)	 if to Provider, to: 

Goldman Sachs Asset Management 

222 South Main Street, 10th Floor 

Salt Lake City, UT 84101 

Attention: Anthony Mirabile 
 E-mail: Anthony.Mirabile@gs.com 

  
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 with a copy (which shall not constitute notice) to: 

Fried, Frank, Harris, Shriver & Jacobson LLP 

One New York Plaza 
 New York,
NY 10004 
 Attention: Lawrence Barshay 

Warren S. de Wied 
 E-mail: lawrence.barshay@friedfrank.com 
 warren.de.wied@friedfrank.com 

or such other address as such Party may hereafter specify for the purpose by notice to the other Parties. All such notices, requests and other communications
shall be deemed received on the date of receipt by the recipient thereof if received prior to 5 p.m. in the place of receipt and such day is a Business Day in the place of receipt. Otherwise, any such notice, request or communication shall be deemed
not to have been received until the next succeeding Business Day in the place of receipt. 
 (b) Assignment. Neither this Agreement
nor any right, interest or obligation under this Agreement may be assigned by any Party to this Agreement by operation of law or otherwise without the prior written consent of the other Parties to this Agreement and any attempt to do so will be
void; provided, that any Party may assign this Agreement without the prior consent of any other Party to (a) any Affiliate (provided that no such assignment shall relieve the assigning Party of its obligations hereunder) or (b) a
Person that directly or indirectly acquires all of the equity interests, substantially all of the assets, or all or part of such Party, so long as such Person assumes this Agreement, in writing, and agrees to be bound by and to comply with all of
the terms and conditions hereof. 
 (c) Governing Law. This Agreement shall be governed by and construed in accordance with the law of
the State of New York, without regard to the conflicts of law rules of such state. 
 (d) Jurisdiction. The Parties hereto agree that
any suit, action or proceeding (whether at law, in equity, in contract, in tort or otherwise) seeking to enforce any provision of, or based on any matter arising out of or in connection with, this Agreement shall be brought in the United States
District Court for the Southern District of New York or any New York State court sitting in New York City, so long as one of such courts shall have subject matter jurisdiction over such suit, action or proceeding, and that any cause of action
arising out of this Agreement shall be deemed to have arisen from a transaction of business in the State of New York, and each of the Parties hereby irrevocably and unconditionally consents to the jurisdiction of such courts (and of the appropriate
appellate courts therefrom) in any such suit, action or proceeding and irrevocably and unconditionally waives, to the fullest extent permitted by Applicable Law, any objection that it may now or hereafter have to the laying of the venue of any such
suit, action or proceeding in any such court or that any such suit, action or proceeding brought in any such court has been brought in an inconvenient forum. Process in any such suit, action or proceeding may be served on any Party anywhere in the
world, whether within or without the jurisdiction of any such court. Without limiting the foregoing, each Party agrees that service of process on such Party as provided in Section 12(a) shall be deemed effective service of process on such
Party. 

  
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 (e) Arbitraton; Waiver of Jury Trial. 

(i) Except as otherwise explicitly set forth herein, all disputes, controversies or claims arising out of or relating to this Agreement or the
transactions contemplated hereby (whether in contract, tort, equity or otherwise), including the arbitrability of any dispute or controversy that cannot be settled by mutual agreement will be finally settled by binding arbitration appointed in
accordance with the JAMS Comprehensive Arbitration Rules & Procedures (“JAMS”) and this Section 12(e). Any Party aggrieved will deliver a notice to the other Party(ies) setting forth the specific points in dispute. Any
points remaining in dispute 20 days after the giving of such notice may, upon ten days’ notice to the other Party(ies), be submitted to JAMS arbitration conducted before a panel of three arbitrators in New York, New York (provided, that if the
arbitrators determine in their reasonable discretion that an arbitration cannot be conducted in-person in such location due to COVID-19 Measures or otherwise without
jeopardizing the health and safety of the Parties or the arbitrators, then the arbitration may be conducted either in an alternative location or via telephonic or video conference, as determined by the arbitrators in their reasonable discretion).
The Provider and the Recipients will each appoint one arbitrator (the “Party-Appointed Arbitrators”) and the Party-Appointed Arbitrators will appoint the third and presiding arbitrator within 14 days of the appointment of the second
arbitrator; provided, that, any arbitrator not timely appointed herein will be appointed in accordance with the JAMS upon the written demand of any party to the dispute. The arbitrators may enter a default decision against any Party that fails to
participate in the arbitration proceedings. 
 (ii) The decision of the arbitrators on the points in dispute will be final, unappealable and
binding, and judgment on the award may be entered in any court having jurisdiction thereof. The arbitrators will only be authorized to interpret the provisions of this Agreement, and will not amend, change or add to any such provisions. The Parties
agree that this provision has been adopted by the Parties to rapidly and inexpensively resolve any disputes between them and that this provision will be grounds for dismissal of any court action commenced by any party with respect to this Agreement.
In the event that any court determines that this arbitration procedure is not binding, or otherwise allows any litigation regarding a dispute, claim, or controversy covered by this Agreement to proceed, the Parties hereby waive any and all right to
a trial by jury in or with respect to such litigation. 
 (iii) The Parties and the arbitrators will keep confidential, and will not disclose
to any person, except the Parties’ advisors and legal representatives, or as may be required by law, the existence of any controversy under this Section 12(e), the referral of any such controversy to arbitration or the status or
resolution thereof. 
 (iv) The Parties may seek any interim or conservatory relief, including an injunction or injunctions to prevent
breaches of this Agreement in the United States District Court for the Southern District of New York; provided, however, that if such court does not have jurisdiction over any such action or Proceeding, such action or Proceeding will be heard and
determined exclusively in any New York state or federal court sitting in New York City, this being in addition to any other remedy to which such Party is entitled at law or in equity. The application of a Party to an above-mentioned judicial
authority for such measures or for the implementation of any such measures ordered by an arbitral tribunal will not be deemed to be an infringement or a waiver of this Section 12(e) and will not affect the relevant powers reserved to the
arbitral tribunal. 
 (v) Each Party hereby irrevocably consents to the service of process by registered mail or personal service. 

(vi) EACH OF THE PARTIES HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY LAW, ANY RIGHT TO TRIAL BY JURY IN ANY ACTION, SUIT OR
PROCEEDING (I) ARISING UNDER THIS AGREEMENT OR (II) IN ANY WAY CONNECTED WITH OR RELATED OR INCIDENTAL TO THE DEALINGS OF THE PARTIES HERETO IN RESPECT OF THIS AGREEMENT OR ANY OF THE TRANSACTIONS RELATED HERETO, IN EACH CASE WHETHER NOW
EXISTING OR HEREAFTER ARISING, AND WHETHER IN CONTRACT, TORT, EQUITY, OR OTHERWISE (INCLUDING, FOR THE AVOIDANCE OF DOUBT, ANY SEEKING EQUITABLE RELIEF). 

  
 - 10 - 

 (f) Force Majeure. No Party hereto (or any Person acting on its behalf) shall have
any liability or responsibility for failure to fulfill any obligation (other than a payment obligation) under this Agreement, unless otherwise expressly provided therein, so long as and to the extent to which the fulfillment of such obligation is
prevented or delayed as a consequence of any cause beyond its reasonable control, including riots, pandemics (including COVID-19), epidemics, severe weather, fire, flood, war, acts of the public enemy, acts of
terrorism, acts of God, embargoes, boycotts, shortages or unavailability of supplies, riots or Applicable Law (each, a “Force Majeure Event”). The Recipients shall not be obligated to pay any amount for the Services that are not
performed as a result of a Force Majeure Event (and the Parties shall negotiate reasonably to determine the amount applicable to such Services not performed); provided, however that no Force Majeure Event shall relieve a Recipient from
its payment obligations under this Agreement with respect to the Services actually performed hereunder. The Party claiming the benefit of this provision shall, as soon as reasonably practicable after the occurrence of any such event, (i) notify
the other Party of the nature and extent of any such Force Majeure Event and (ii) use commercially reasonable efforts to remove any such causes and resume performance under this Agreement as soon as feasible. 

(g) Counterparts; Effectiveness; Third-Party Beneficiaries. This Agreement may be signed in any number of counterparts, each of which
shall be an original, with the same effect as if the signatures thereto and hereto were upon the same instrument. This Agreement shall become effective when each Party shall have received a counterpart hereof signed by the other Parties. Until and
unless each Party has received a counterpart hereof signed by the other Parties, this Agreement shall have no effect and no Party shall have any right or obligation hereunder (whether by virtue of any other oral or written agreement or other
communication). No provision of this Agreement is intended to confer any rights, benefits, remedies, obligations or liabilities upon any Person other than the Parties and their respective successors and permitted assigns. 

(h) Amendments and Waivers. Any provision of this Agreement may be amended or waived if, but only if, such amendment or waiver is in
writing and is signed, (i) in the case of an amendment, by the Parties, or (ii) in the case of a waiver, by the Party against whom the waiver is to be effective. No failure or delay by any Party in exercising any right, power or privilege
hereunder shall operate as a waiver thereof nor shall any single or partial exercise thereof preclude any other or further exercise thereof or the exercise of any other right, power or privilege. The rights and remedies herein provided shall be
cumulative and not exclusive of any rights or remedies provided by Applicable Law. 
 (i) Severability. If any term, provision,
covenant or restriction of this Agreement is held by a court of competent jurisdiction or other authority to be invalid, void or unenforceable, the remainder of the terms, provisions, covenants and restrictions of this Agreement shall remain in full
force and effect and shall in no way be affected, impaired or invalidated so long as the economic or legal substance of the transactions contemplated hereby is not affected in any manner materially adverse to any Party. Upon such a determination,
the Parties shall negotiate in good faith to modify this Agreement so as to effect the original intent of the Parties as closely as possible in an acceptable manner in order that the transactions contemplated hereby be consummated as originally
contemplated to the fullest extent possible. 
 (j) No Right of Setoff. No Party shall have any right to set-off or off-set any obligation or payment due to the other Party pursuant to the terms of this Agreement against any obligation or payment due or owing to such Party
pursuant to the terms of this Agreement or the Internalization Agreement. 
 (k) Entire Agreement. This Agreement, and the exhibits
and schedules hereto, along with the Internalization Agreement, constitutes the entire agreement among the Parties and their respective permitted successors and assigns with respect to the subject matter hereof and supersede all prior agreements and
understandings, both oral and written, among the Parties and their respective permitted successors and assigns with respect to the subject matter hereof. 

  
 - 11 - 

 (l) Independent Contractor. At all times during the term hereof, Provider shall be an
independent contractor in providing Services hereunder with the sole right to supervise, manage, operate, control, and direct the performance of such Services and the sole obligation to employ, compensate, and manage its employees and business
affairs. Nothing contained in this Agreement shall be deemed or construed to create a partnership or joint venture, to create the relationships of employee/employer or principal/agent, or otherwise create any liability whatsoever of any Party with
respect to the indebtedness, liabilities, obligations or actions of any other Party or any of the other Parties’ employees, or agents, or any other Person. 

(m) Currency. Unless otherwise specified in this Agreement, all references to currency, monetary values and dollars set forth herein
shall mean United States (U.S.) dollars and all payments hereunder shall be made in United States dollars. 
 (n) Internalization
Agreement. Nothing contained in this Agreement is intended to or shall be construed to amend or modify in any respect, or constitute a waiver of, any of the rights or obligations of the Parties under the Internalization Agreement. The rights and
obligations of the Parties under this Agreement shall be cumulative and not exclusive to the rights and obligations of the Parties contained in the Internalization Agreement. 

[SIGNATURE PAGE FOLLOWS] 

  
 - 12 - 

 IN WITNESS WHEREOF, Provider and the Recipients have caused this Agreement to be
executed as of the date written above by their respective officers thereunto duly authorized. 
  

			
	GOLDMAN SACHS RENEWABLE POWER LLC
		
	By:	 	 /s/ Tim Leach

	Name:	 	Tim Leach
	Title:	 	Chairman of the Board
	
	GOLDMAN SACHS RENEWABLE POWER OPERATING COMPANY LLC
	
	By: Goldman Sachs Renewable Power LLC, its managing member
		
	By:	 	 /s/ Tim Leach

	Name:	 	Tim Leach
	Title:	 	Chairman of the Board
	
	MN8 ENERGY, INC
		
	By:	 	 /s/ Tim Leach

	Name:	 	Tim Leach
	Title:	 	Director, President and Secretary

 [Transition Services Agreement Signature Page] 

 IN WITNESS WHEREOF, Provider and the Recipients have caused this Agreement to be
executed as of the date written above by their respective officers thereunto duly authorized. 
  

			
	GOLDMAN SACHS ASSET MANAGEMENT, L.P.
		
	By:	 	 Raanan Agus

	Name:	 	Raanan Agus
	Title:	 	Vice President

 [Transition Services Agreement Signature Page] 

 EXHIBIT A 

Services 
 GSAM will
endeavor to have applicable system access available to MN8 employees by 9 AM EST on the Monday after the formal close. In the event of any material issues detected, GSAM will urgently escalate said issues to appropriate business unit Managing
Director. 
  

																	
	 	 	 Service Category
	 	
Service Sub-Category
	 	 Service Description
	 	 Provider Contact
	 	 Recipient

Contact
	 	 Duration
	 	 Extension

Option
	 	
Service Fee1 

		 	AICS	 		 		 		 		 		 		 	
									
	1.	 	 Services (BAU)
  

Continue with servicing fund
 under same model, subject to

integration with existing data and document providers,
 source and
format.
	 	Capital Calls	 	 Dissemination of capital call notices, receipt / transfer of proceeds, tracking of delinquent investors.

 
	 	Eoin McCann	 	Patrick McAlpine	 	Services to continue until an IPO event and delivery of listed shares to investors.	 	None.	 	 Fixed Fee
  

$8,333 per complete month
  

Any general fund expenses related to investor service (e.g., mailings) would continue to be charged direct

to fund.

	2.	 	Distributions	 	 Dissemination of distribution notices, processing of distribution payment.

 
	 	Eoin McCann	 	Patrick McAlpine	 	
	3.	 	Reporting	 	 Dissemination of capital statements, distribution of investor letters, distribution of audited financial statements, tax reporting, etc.

 
	 	Eoin McCann	 	Patrick McAlpine	 	
	4.	 	Investor Transfers	 	 Management of Legal Entity Transfers – requests received ad-hoc, processed quarterly.

 
	 	Eoin McCann; Margaret Williamson	 	Patrick McAlpine	 		 	
	5.	 	Investment Inquiries	 	Client service for investors or their representatives calling with inquiries about their account.	 	Eoin McCann	 	Patrick McAlpine	 		 		 	

  

	1 	 The following are the methodologies that will be used by Provider: 

	 	•	 	 Fixed Fee – Fixed Fees indicate a monthly fee 

	 	•	 	 Variable Fee (instead of ad hoc) 

	 	•	 	 One Time Fee  

  
  

A-1 

																	
	 	 	 Service Category
	 	
Service Sub-Category
	 	 Service Description
	 	 Provider Contact
	 	 Recipient

Contact
	 	 Duration
	 	 Extension

Option
	 	
Service Fee1 

									
	6.	 	Services (for IPO)	 	Stock Transfer Agent Readiness	 	Set up with Transfer Agent for listed shares post IPO event. AICS will be need to be involved with migrating shareholder servicing records to Stock TA & distribution of shares to investors.	 	Eoin McCann	 	Patrick McAlpine	 	 Services to continue until an IPO event and delivery of listed shares to investors.

 
 Provider will require 30 Days’ notice to terminate service early.
	 	None.	 	 Included in Fixed Fee for above Services (AIC - Services (BAU))

 
 Parties to negotiate in good faith any additional costs resulting from the complexity of
IPO investor share delivery terms & timing or change to sources for Investor activity.

  
  

A-2 

																	
									
	 	 	 Service Category
	 	
Service Sub-Category
	 	 Service Description
	 	 Provider Contact
	 	 Recipient

Contact
	 	 Duration
	 	 Extension

Option
	 	
Service Fee1 

							
		 	AMD-Public BLR	 		 		 		 		 	
									
	7.	 	Services (BAU)	 	Project Accounting (BLR Support)	 	 Provide monthly project-level accounting support including:
  

•  bookkeeping of all transactions including timely processing of project accounts payable

 
 •  closure of books and records
for assigned operating portfolios and assets under construction
  

•  reporting of final results from Yardi
	 	Preethi Umashankar, Ramasubramanian Dharmaraj (Mani D)	 	David Callen, Bill Hanson	 	 End Date: October 31, 2022
  

Support roll-off will be in tranches beginning August 2022 – October 31, 2022.

 
 Provider will require 60 days’ notice to terminate service early.
	 	 To the extent that any of the below named employees are not employed by Recipient by October 31, 2022, each employee may continue to provide
the Services until such employee is employed by Recipient, not to exceed an additional 2 months.
  

Praveen Bansal, Pavneet Khanuja, Pranava Hegde, Maria Cherian, Paras Kalra
	 	 Fixed Fee
  

(Provider will charge based on actual costs)
  

Estimate $58,729.56 per complete month

  
  

A-3 

																	
	 	 	 Service Category
	 	
Service Sub-Category
	 	 Service Description
	 	 Provider Contact
	 	 Recipient

Contact
	 	 Duration
	 	 Extension

Option
	 	
Service Fee1 

						
		 	AMD Operations (Public)	 		 		 		 	
									
	8.	 	Services (BAU)	 	Payments Processing	 	 AMD Public Ops Trade Management and Funds Oversight teams to continue processing of principal and interest payments on credit facilities

 
 •  For the credit facility
process, continue to support facilities payments and monitoring downstream trade flow.
  

•  Continue to facilitate payments to external lenders once the business has booked upstream.

 
 •  Trade Management currently
support lenders at HSBC and MUFG. Funds Oversight currently supports the credit facilities business from a shadow booking and reconciliation perspective.
	 	Victor Serabian	 	Lindsay Murphy	 	End Date: November 4, 2022	 	3 months (2x)	 	 Fixed Fee
  

$9,583 per complete month
  

If any additional accounts, credit facility providers, or workflow changes, then Provider will revisit the associated monthly
costs.

  
  

A-4 

																	
	 	 	 Service Category
	 	
Service Sub-Category
	 	 Service Description
	 	 Provider Contact
	 	 Recipient

Contact
	 	 Duration
	 	 Extension

Option
	 	
Service Fee1 

							
		 	AMD Operations (Private)	 		 		 		 		 	
									
	9.	 	Services (BAU)	 	Payment Processing	 	Continue processing of vendor payments and deal payments (e.g., payments for acquisitions of new solar projects).	 	Vinay Menon	 	Patrick McAlpine	 	End Date: November 4, 2022	 	3 months (2x)	 	 Fixed Fee
  

$25,700 per complete month

									
	10.	 		 	Bank Account Set Ups	 	Continue providing standard support to set up new bank accounts (e.g., obtaining relevant documents to open new bank accounts such as tax forms, formation docs).	 	Nicole Esposito	 	Patrick McAlpine	 	End Date: November 4, 2022	 	3 months (2x)	 	 Fixed Fee
  

$4,000 per complete month

									
	11.	 	Services (for internalization)	 	Bank Account Migration	 	Assist with transferring bank account ownership to the applicable GSRP Entities (working alongside JPM).	 	Nicole Esposito	 	Patrick McAlpine	 	One-time event	 	N/A	 	 Fixed Fee
  

$3,000

					
		 	Corporate and Workplace Solutions (CWS)	 		 		 	
									
	12.	 	Facilities Management	 	Maintenance (planned preventative and corrective)	 	 Boca Raton office only.
  

Maintenance of Uninterruptible Power Supply (UPS) and Heating, Ventilation, and Air Conditioning (HVAC) on a quarterly basis by CBRE.

 
 Mechanical, electrical and plumbing, maintenance and repair of building fabric elements
(walls, ceiling, partitions, doors, joinery, ironmongery, decoration, floor covering, etc.), coordinated via CBRE and managed by GS.
	 	Rachel Luongo, Ruben Milla	 	Dawn Lowe	 	End Date: December 31, 2022	 	3 months (2x)	 	 Fixed Fee
  

$2,750 per complete month

  
  

A-5 

																	
	 	 	 Service Category
	 	
Service Sub-Category
	 	 Service Description
	 	 Provider Contact
	 	 Recipient

Contact
	 	 Duration
	 	 Extension

Option
	 	
Service Fee1 

									
	13.	 		 	Office Equipment & Furniture Maintenance	 	 Boca Raton office only.
  

Maintenance of office furniture and replacement of life expired or defective office equipment.

 
 Replacement of all consumable items such as lights, air filters etc. as part of the
agreed upon planned maintenance/janitorial services (managed by landlord included in rent).
	 	Rachel Luongo, Ruben Milla	 	Dawn Lowe	 	End Date: December 31, 2022	 	3 months (2x)	 	Included in Fixed Fee for above Services (Corporate and Workplace Solutions (CWS) - Facilities Management - Maintenance); provided that there is no charge for the transfer of the furniture
									
	14.	 		 	Incident Management	 	 Boca Raton office only.
  

Continued monitoring and resolution management of facilities issues.
	 	Rachel Luongo, Ruben Milla	 	Dawn Lowe	 	End Date: December 31, 2022	 	3 months (2x)	 	Included in Fixed Fee for above Services (Corporate and Workplace Solutions (CWS) - Facilities Management - Maintenance)

  
  

A-6 

																	
	 	 	 Service Category
	 	
Service Sub-Category
	 	 Service Description
	 	 Provider Contact
	 	 Recipient

Contact
	 	 Duration
	 	 Extension

Option
	 	
Service Fee1 

									
	15.	 	Security	 	Crisis Management	 	 Boca Raton office only,
  

Monitor internal and external incidents with the potential to impact delivery of GSInet services, e.g., power, network isolation, fire alarm (via access
control system tie in).
  
 Provider to escalate to GS Core4 (OGS, FM, Engineering,
BCP), GS Relationship Manager, and BCP contacts provided by the Recipients.
	 	Ruben Milla, Chad Rich	 	Dawn Lowe	 	End Date: December 31, 2022	 	3 months (2x)	 	 Fixed Fee
  

$625 per complete month

									
	16.	 		 	Physical Access Control	 	 Boca Raton office only,
  

•  Maintain, service, and remotely monitor electronic access control system for purposes of securing
and auditing physical access to GS network connections, including the Tech Room.
  

•  Issue new and replacement ID/access cards as requested by the Recipients.
	 	Ruben Milla, Chad Rich	 	Dawn Lowe	 	End Date: December 31, 2022	 	3 months (2x)	 	Included in Fixed Fee for above Services (Corporate and Workplace Solutions (CWS) - Security - Crisis Management)
									
		 		 		 	 •  Facilitate physical access approvals and periodic auditing of physical access
entitlements in accordance with GS and Data Center Management requirements.
  
 The GS
Relationship Manager will be responsible for approving physical access to the Boca Raton office on behalf of the Recipients.
	 		 		 		 		 	

  
  

A-7 

																	
	 	 	 Service Category
	 	
Service Sub-Category
	 	 Service Description
	 	 Provider Contact
	 	 Recipient

Contact
	 	 Duration
	 	 Extension

Option
	 	
Service Fee1 

									
	17.	 		 	CCTV	 	 Boca Raton office only.
  

Maintain, service, record, and remotely monitor security cameras for purposes of auditing/investigating physical access to GS network connections,
including the Tech Room.
	 	Ruben Milla, Chad Rich	 	Dawn Lowe	 	End Date: December 31, 2022	 	3 months (2x)	 	Included in Fixed Fee for above Services (Corporate and Workplace Solutions (CWS) - Security - Crisis Management)
									
	18.	 		 	Investigations	 	 Boca Raton office only.
  

Provide investigative services in the event of an incident or breach of physical access to the Boca Raton office and/or Tech Room for purposes of determining
whether GSInet and/or any GS information was compromised.
	 	Ruben Milla, Chad Rich	 	Dawn Lowe	 	End Date: December 31, 2022	 	3 months (2x)	 	Included in Fixed Fee for above Services (Corporate and Workplace Solutions (CWS) - Security - Crisis Management)

  
  

A-8 

																	
	 	 	 Service Category
	 	
Service Sub-Category
	 	 Service Description
	 	 Provider Contact
	 	 Recipient

Contact
	 	 Duration
	 	 Extension

Option
	 	
Service Fee1 

									
	19.	 	Document Management	 	Printing	 	 Provider to make available the ability to print from Citrix when the user has logged in from the Boca Raton office.

 
 Remote printing access will only be provisioned on a case by case basis. The GS
Relationship Manager or his/her delegate will be required to approve access.
	 	Patricia Moran	 	Luis Espartosa	 	End Date: December 31, 2022	 	3 months (2x)	 	 Fixed Fee
  

$200 per complete month

									
	20.	 		 	Shredding	 	 Boca Raton office only.
  

Shredding services (managed by firm vendor).
	 	Patricia Moran, Ruben Milla	 	Dawn Lowe	 	End Date: December 31, 2022	 	3 months (2x)	 	 Fixed Fee
  

$30 per complete month

  
  

A-9 

																	
	 	 	 Service Category
	 	
Service Sub-Category
	 	 Service Description
	 	 Provider Contact
	 	 Recipient

Contact
	 	 Duration
	 	 Extension

Option
	 	
Service Fee1 

									
	21.	 		 	Mail Forwarding	 	 NYC office only.
  

Provider to collect all inbound letters / packages addressed to Business employees and forward to the Recipients NYC office address on a weekly basis (except
such letters / packages received via courier or certified or registered delivery, which Provider will forward immediately upon receipt).
	 	Patricia Moran	 	Daiana Navarro	 	End Date: December 31, 2022	 	3 months (2x)	 	 Variable Fee (Provider will charge based on actual costs)
  

Estimate $296.60 per complete month

					
		 	CWS – Workplace Engineering	 		 		 	
									
	22.	 	Technology Services	 	Voice	 	 Boca Raton office only.
  

Access to GS phone service via Cisco MRA devices, including voicemail. Phone numbers to remain the same.
	 	Sandy Halstead	 	Luis Espartosa	 	End Date: December 31, 2022	 	3 months (2x)	 	 Fixed Fee
  

$600 / person / complete month
  

Recipient has option to terminate GS system access on an individual employee basis at the start of each month by providing notice 5 business days prior to
the start of the month of the person(s) whose services will be terminated

  
  

A-10 

																	
	 	 	 Service Category
	 	
Service Sub-Category
	 	 Service Description
	 	 Provider Contact
	 	 Recipient

Contact
	 	 Duration
	 	 Extension

Option
	 	
Service Fee1 

									
	23.	 		 	Desktop Infrastructure (physical)	 	 Boca Raton office only.
  

Desktop management services, including:
  

•  Keyboard
  

•  NDCs
  

•  Monitors
	 	Sandy Halstead	 	Luis Espartosa	 	End Date: December 31, 2022	 	3 months (2x)	 	Included in Fixed Fee for above Services (CWS - Workplace Engineering - Technology Services - Voice) At the end of the TSA Term, the Recipients to pay $25,000 for the transfer of keyboards, monitors and mice.
									
	24.	 		 	Desktop Infrastructure (software)	 	 All offices and employees.
  

Desktop software services, including:
  

•  Licensing standard productivity applications (e.g., Microsoft, sharepoint)

 
 •  Patch management

 
 •  Break/fix

 
 •  NDS

 
 •  Electronic instant
messaging
	 	Sandy Halstead	 	Luis Espartosa	 	End Date: December 31, 2022	 	3 months (2x)	 	Included in Fixed Fee for above Services (CWS - Workplace Engineering - Technology Services - Voice)
									
		 		 		 	 Communications over Skype will be limited to employees from a pre-determined list of department codes; if Provider decommissions Skype/Fibre
during the duration of the TSA, the Recipients’ employees will not be provisioned access to MS Teams.
  

The Recipients’ employees will not have access to Symphony.
	 		 		 		 		 	

  
  

A-11 

																	
	 	 	 Service Category
	 	
Service Sub-Category
	 	 Service Description
	 	 Provider Contact
	 	 Recipient

Contact
	 	 Duration
	 	 Extension

Option
	 	
Service Fee1 

									
	25.	 		 	Remote Access	 	 All offices and employees.
  

•  Provider to make available remote access via login.GS

 
 •  Access to gs.com email box
within the GS NDS environment
  

•  Access to Orbit remote gs.com email box
	 	Sandy Halstead	 	Luis Espartosa	 	 End Date: December 31, 2022
  

Provider will require 30 days’ notice if planning to terminate service early.
	 	3 months (2x)	 	Included in Fixed Fee for above Services (CWS - Workplace Engineering - Technology Services - Voice)

  
  

A-12 

																	
	 	 	 Service Category
	 	
Service Sub-Category
	 	 Service Description
	 	 Provider Contact
	 	 Recipient

Contact
	 	 Duration
	 	 Extension

Option
	 	
Service Fee1 

									
	26.	 		 	Email	 	Continued use of @gs.com email addresses and mailboxes.	 	Sandy Halstead	 	Luis Espartosa	 	End Date: December 31, 2022	 	3 months (2x)	 	Included in Fixed Fee for above Services (CWS - Workplace Engineering - Technology Services - Voice)
									
	27.	 		 	Zoom	 	Continued access to Zoom.	 	Sandy Halstead	 	Luis Espartosa	 	End Date: December 31, 2022	 	3 months (2x)	 	Included in Fixed Fee for above Services (CWS - Workplace Engineering - Technology Services - Voice)
									
	28.	 		 	Storage	 	 Electronic file storage services for home drives.
  

Box.com will continue to be invoiced directly to the Recipients.
	 	Sandy Halstead	 	Luis Espartosa	 	End Date: December 31, 2022	 	3 months (2x)	 	Included in Fixed Fee for above Services (CWS - Workplace Engineering - Technology Services - Voice)

  
  

A-13 

																	
	 	 	 Service Category
	 	
Service Sub-Category
	 	 Service Description
	 	 Provider Contact
	 	 Recipient

Contact
	 	 Duration
	 	 Extension

Option
	 	
Service Fee1 

									
	29.	 	Services (for internalization)	 	Internalization Support	 	 •  Assist with the migration of data, documents, etc., required to transition off
Provider support
  
 •  As
reasonable, assist with ad-hoc inquiries, data requests, etc., for some period of time post-termination of the TSA
  

•  Migrate emails from Provider to the Recipients as needed to operate the business on a go forward
basis (Provider will engage a third party service provider to support this migration)
  

•  Extract any data required for data retention purposes
	 	Sandy Halstead	 	Luis Espartosa	 	End Date: December 31, 2022	 	3 months (2x)	 	 One Time Fee
  

$2,000 to set up cloud email migration with Third Party Service Provider
  

Variable Fee
  

$150 per each email mailbox to migrate

					
		 	Engineering (AMD and Core)	 		 		 	
									
	30.	 	Application Development Services	 	GS Applications (minus Delorean)	 	Support and maintenance of certain internal applications, as listed in Exhibit C, in line with standard level of support.	 	Jordan Sheldon	 	Patrick McAlpine	 	End Date: December 31, 2022	 	3 months (2x)	 	No Fee

  
  

A-14 

																	
	 	 	 Service Category
	 	
Service Sub-Category
	 	 Service Description
	 	 Provider Contact
	 	 Recipient

Contact
	 	 Duration
	 	 Extension

Option
	 	
Service Fee1 

									
	31.	 	Data Center and Critical Infrastructure	 	Occupancy and General Data Services	 	 Occupancy and general data center services that were provided by Provider (or the applicable Service Provider) to the Recipients immediately
prior to the Closing, including:
  

•  Break/fix services
  

•  OS infrastructure support
  

•  Networking services
	 	Kerry McCave	 	Luis Espartosa	 	End Date: December 31, 2022	 	3 months (2x)	 	 Fixed
  

Fee $208 per complete month

									
	32.	 		 	Environment Management Services	 	 Environment management services that were provided by Provider (or the applicable Service Provider) to the Recipienst immediately prior to
the Closing, including:
  

•  Change and incident management services

 
 •  Command center and escalation
services for infrastructure difficulties or interruptions
  

•  Performance monitoring and escalation
	 	Gabriel Jacoway	 	Luis Espartosa	 	End Date: December 31, 2022	 	3 months (2x)	 	No Fee

  
  

A-15 

																	
	 	 	 Service Category
	 	
Service Sub-Category
	 	 Service Description
	 	 Provider Contact
	 	 Recipient

Contact
	 	 Duration
	 	 Extension

Option
	 	
Service Fee1 

									
	33.	 		 	Network Services	 	 GSINet connectivity in the Boca Raton office.
  

All GS standard GSINet and network specific security controls and detection mechanisms will need to remain in place during TSA.
	 	Kerry McCave, Seth Harris	 	Luis Espartosa	 	 End Date: December 31, 2022
  

Provider will require 30 days’ notice if planning to terminate this service early.
	 	3 months (2x)	 	 Fixed Fee
  

$4,259 per complete month
  

The cost for bandwidth is based on the current contract of 200 megabits of bandwidth per circuit. The underlying circuits going into the building are 1Gb, so
200Mb is expandable if required. Any upgrades to the bandwidth will be at the sole cost of the Recipients and are not included in the TSA.

									
	34.	 		 	Platform and Infrastructure Services	 	 Platform and infrastructure services provided by Provider (or the applicable Service Provider) to the Recipients immediately prior to the
Closing.
  
 Includes database infrastructure and support services, including backup for
database use.
	 	Rahul Sharma, Kerry McCave	 	Luis Espartosa	 	 End Date: December 31, 2022
  

Provider will require 60 days’ notice if planning to terminate this service early.
	 	3 months (2x)	 	 Fixed Fee
  

$8,200 per complete month

  
  

A-16 

																	
	 	 	 Service Category
	 	
Service Sub-Category
	 	 Service Description
	 	 Provider Contact
	 	 Recipient

Contact
	 	 Duration
	 	 Extension

Option
	 	
Service Fee1 

									
	35.	 	ETO/Client Services	 	ETO/Client Services	 	Help desk support and client services support.	 	Gabriel Jacoway	 	Luis Espartosa	 	End Date: December 31, 2022	 	3 months (2x)	 	 Variable Fee
  

$24 per ticket

									
		 	HCM	 		 		 		 		 		 		 	
									
	36.	 	Services (BAU)	 	New Hires / Transfers / Leavers	 	 •  New Hires: Provider to apply new employee set up procedures in line with
Provider’s standard processes.
  

•  Transfers: Provider to complete department transfers in line with Provider’s standard
processes.
  
 •  Leavers:
Provider to complete Contingent Worker Termination processes in line with Provider’s standard processes, including revoking of all system access.
  

The GS Relationship Manager will be responsible for reviewing and approving entitlement requests in TMD for new joiners to the Recipients post-close, as well
as any other incremental entitlement requests.
	 	Angelo Tierno, Meghan Margino	 	Patrick McAlpine	 	End Date: December 31, 2022	 	3 months (2x)	 	No Fee

  
  

A-17 

																	
	 	 	 Service Category
	 	
Service Sub-Category
	 	 Service Description
	 	 Provider Contact
	 	 Recipient

Contact
	 	 Duration
	 	 Extension

Option
	 	
Service Fee1 

									
	37.	 		 	Background Check	 	Provider to perform background checks on new Recipient employees in accordance with Provider’s standard processes.	 	Angelo Tierno, Meghan Margino	 	Patrick McAlpine	 	End Date: December 31, 2022	 	3 months (2x)	 	 Variable Fee
  

$118 per background check

								
		 	Investment Accounting	 		 		 		 		 		 	
									
	38.	 	Services (BAU)	 	Audit Management/External Financial Reporting	 	Complete required external quarterly financial reporting.	 	Margaret Williamson	 	Bill Hanson, David Callen	 	 End Date: September 30, 2022
  

Provider will require 60 days’ notice if planning to terminate this service early.
	 	1 month	 	 One Time Fee
  

$75,000

  
  

A-18 

																	
	 	 	 Service Category
	 	
Service Sub-Category
	 	 Service Description
	 	 Provider Contact
	 	 Recipient

Contact
	 	 Duration
	 	 Extension

Option
	 	
Service Fee1 

									
	39.	 		 	Regulatory Filings Data/Investor Reporting	 	 •  Provide necessary accounting data to EY as required for AIFMD quarterly
filings
  
 •  Maintain investor
level data and partner with AICS for all distribution, calls and capital statements
  

•  Support investor communication (i.e. investor letters)

 
 The Parties (IA, MN8 & AICS) will work together to identify and complete the work
necessary to ensure non-disruption for investors. This work is necessary until the IPO:
  

•  Maintain investor level data

 
 •  Initiate and complete
distributions, capital calls, and capital statements, support investor communications
	 	Margaret Williamson	 	Bill Hanson, David Callen	 	 End Date: September 30, 2022
  

Provider will require 60 days’ notice if planning to terminate this service early.
	 	1 month	 	 One Time Fee
  

$10,000

									
	40.	 		 	Shared Servicing Support	 	 Project level accounting support from centralized IA teams:
  

•  ARO
  

•  Lease Accounting
  

•  Fixed Assets & Intangibles
	 	Margaret Williamson	 	Bill Hanson, David Callen	 	 End Date: August 31, 2022
  

Provider will require 60 days’ notice if planning to terminate this service early.
	 	None.	 	 One Time Fee
  

$27,500

  
  

A-19 

																	
	 	 	 Service Category
	 	
Service Sub-Category
	 	 Service Description
	 	 Provider Contact
	 	 Recipient

Contact
	 	 Duration
	 	 Extension

Option
	 	
Service Fee1 

									
	41.	 		 	Shared Servicing Support	 	 Project level accounting support from centralized IA teams:
  

•  Syndicates (Firm sponsored payment allocation/reconciliation)

 
 •  Cash movements (including
coding and review)
	 	Margaret Williamson	 	Bill Hanson, David Callen	 	 End Date: September 30, 2022
  

Provider will require 60 days’ notice if planning to terminate this service early.
	 	1 month	 	 One Time Fee
  

$15,000

									
	42.	 	Services (for internalization)	 	Parent Accounting	 	Upper tier accounting close for GSRP, OpCo, Debt vehicles, Parts Co, Marketing	 	Margaret Williamson	 	Bill Hanson, David Callen	 	 End Date: September 30, 2022
  

Provider will require 60 days’ notice if planning to terminate this service early.
	 	1 month	 	 One Time Fee
  

$75,000

									
	43.	 		 	IPO Support	 	 Support for IPO including:
  

•  Development of S-X quarterly reporting

 
 •  Assist with
Legal/Underwriters in S-1/filings/SEC comments – Gap analysis implemented/SOX controls established
	 	Margaret Williamson	 	Bill Hanson, David Callen	 	 End Date: September 30, 2022
  

Provider will require 60 days’ notice if planning to terminate this service early.
	 	1 month	 	 One Time Fee
  

$50,000

  
  

A-20 

																	
	 	 	 Service Category
	 	
Service Sub-Category
	 	 Service Description
	 	 Provider Contact
	 	 Recipient

Contact
	 	 Duration
	 	 Extension

Option
	 	
Service Fee1 

									
	44.	 		 	Accounting System Conversion/Setup	 	 •  Complete setup/transition from JDE to Yardi

 
 •  Yardi IM setup replacement of
Hubble
  
 •  Aid in transition
to OneStream for consolidation tool - attend meetings/historical reflection, but not lead transition
	 	Margaret Williamson	 	Bill Hanson, David Callen	 	 End Date: September 30, 2022
  

Provider will require 60 days’ notice if planning to terminate this service early.
	 	1 month	 	 One Time Fee
  

$67,500
  

Note:
  

Additional costs may be added should the Recipients require more Hubble licenses

									
	45.	 		 	Corporate Level Accounting support of Parent close	 	 •  Support for debt tracking including applicable covenant compliance

 
 •  Support of tax provision
(oversight of Deloitte, review of output)
	 	Margaret Williamson	 	Bill Hanson, David Callen	 	 End Date: August 31, 2022
  

Provider will require 60 days’ notice if planning to terminate this service early.
	 	None	 	 One Time Fee
  

$10,000

  
  

A-21 

																	
	 	 	 Service Category
	 	
Service Sub-Category
	 	 Service Description
	 	 Provider Contact
	 	 Recipient

Contact
	 	 Duration
	 	 Extension

Option
	 	
Service Fee1 

									
	46.	 		 	People Management	 	VP support of IA workforce	 	Margaret Williamson	 	Bill Hanson, David Callen	 	End Date: September 30, 2022	 	1 month2 	 	 One Time Fee
  

$20,000

						
		 	Vendor Applications and Contracts	 		 		 		 	
									
	47.	 	Services (BAU)	 	Software Contracts (Installed and Cloud Based)	 	Continued access to certain software contracts, as listed in Exhibit B.	 	Varies – see Exhibit A	 	Patrick McAlpine	 	Varies – see Exhibit A	 	Varies – see Exhibit A	 	Refer to pricing per vendor in Exhibit B
									
	48.	 		 	Market Data Contracts	 	Continued access to certain market data services under Provider’s enterprise market data contracts, as listed in Exhibit B.	 	Steve Constantino, William Conti, Ranajoy Bose	 	Luis Espartosa	 	End Date: December 31, 2022	 	3 months (2x)	 	No Fee; Vendor will invoice GSRP directly
									
	49.	 		 	Other Contracts	 	Continued access to certain other contracts, as listed in Exhibit B.	 	Varies – see Exhibit A	 	Patrick McAlpine	 	End Date: December 31, 2022	 	3 months (2x)	 	Variable Fee
								
		 	Tax	 		 		 		 		 		 	
									
	50.	 	Services (BAU)	 	Tax Data	 	Continued provision of GSRP investor tax data to Deloitte as an input to tax reporting.	 	Jasleen Kaur	 	Andrew Lau	 	End Date: December 31, 2022	 	3 months (2x)	 	 Variable Fee
  

If such efforts exceed 50 hours per year, Provider will charge the average hourly cost of a GS tax department VP at
$160

  

	2	 This Service to be auto-extended if Recipient elects to extend any other Investment Accounting Services.

  
  

A-22 

																	
	 	 	 Service Category
	 	
Service Sub-Category
	 	 Service Description
	 	 Provider Contact
	 	 Recipient

Contact
	 	 Duration
	 	 Extension

Option
	 	
Service Fee1 

									
	51.	 	Services (for internalization)	 	Historical Tax Positions/Filings	 	Information sharing, discussion around tax historical positions/filings, and overall cooperation with the Recipients with respect to the tax aspects of GSRP, OpCo and their investments	 	Daniel Farrar, Juelle Gomes	 	Andrew Lau	 	End Date: December 31, 2022	 	3 months (2x)	 	Included above
							
		 	Tech Risk	 		 		 		 		 	
									
	52.	 	Services (for internalization)	 	TR Advisory Services	 	Advice and guidance to design, develop, deploy, monitor, and maintain solutions and applications compliant with GS and applicable regulatory requirements.	 	Ameya Bhat, Scott Reutter, Timo Skytta	 	Luis Espartosa	 	End Date: December 31, 2022	 	3 months (2x)	 	No Fee
									
	53.	 		 	TR SIRT Services	 	Security monitoring and alerting, incident response, vulnerability management.	 	Ameya Bhat, Scott Reutter, Timo Skytta	 	Luis Espartosa	 	End Date: December 31, 2022	 	3 months (2x)	 	No Fee
									
	54.	 		 	TR GRC Services	 	As needed: Governance, risk, and compliance services to ensure compliance with GS and applicable regulatory requirements.	 	Ameya Bhat, Scott Reutter, Timo Skytta	 	Luis Espartosa	 	End Date: December 31, 2022	 	3 months (2x)	 	No Fee
									
	55.	 		 	Vendor TR Services	 	As needed: Ongoing assessments for existing vendors, vendor due diligence for new vendors or contractors, and contract reviews for information security implications.	 	Ameya Bhat, Scott Reutter, Timo Skytta	 	Luis Espartosa	 	End Date: December 31, 2022	 	3 months (2x)	 	No Fee

  

  
  

A-23 

 EXHIBIT B 

Pre-Approved Third-Party Providers 

 

							
	 Category
	  	 Vendor / Application Name
	  	 Approach to TSA Service Fee / Invoicing
	  	 Additional TSA
Service Fee
(if
applicable)

	Installed Software	  	Box Drive	  	No Service Fee - annual invoice paid by the Recipients	  	No Fee
		  		  	prior to TSA taking effect	  	
				
		  	Microsoft Office, including Chat and Email	  	Included in Fixed Fee for CWS - Workplace Engineering	  	
				
		  	Adobe Acrobat	  	Included in Fixed Fee for CWS - Workplace Engineering	  	
				
		  	Microsoft SharePoint	  	Included in Fixed Fee for CWS - Workplace Engineering	  	
				
		  	Zoom	  	Included in Fixed Fee for CWS - Workplace Engineering	  	
				
		  	Google Chrome	  	No Service Fee - application is free	  	
				
		  	Google Earth	  	No Service Fee - application is free	  	
				
	Cloud Based Software	  	JD Edwards	  	Included in One Time Fee for Investment Accounting	  	No Fee
				
		  	Hubble / GL Company	  	Included in One Time Fee for Investment Accounting	  	
				
		  	Box.com	  	No Service Fee - annual invoice paid by the Recipients prior to TSA taking effect	  	
				
		  	Smartsheet	  	Charge based on current allocations to the Recipients (based on annual license cost + allocations). Based on 30 licenses currently in use, provided that the members without a license can access shared sheets as Viewers (read-only),
Editors (edit cell data), or Admins (manage the sheet), and can re-share them (however, they cannot create or own sheets).	  	 Fixed Fee
  

$ 2,466.36 per complete Month

				
		  	Yardi	  	Vendor already invoicing GSRP directly	  	No Fee
				
	Bank Portals	  	JPM Bank Portal	  	No Service Fee - fees are auto-debited out of the bank account today	  	No Fee
				
	Market Data	  	ICE Chat	  	Vendor to invoice GSRP directly post-Closing	  	No Fee
				
		  	SNL Market Data	  	Vendor to invoice GSRP directly post-Closing	  	
				
		  	Spark Spread	  	Vendor to invoice GSRP directly post-Closing	  	
				
		  	Wood MacKenzie	  	Vendor to invoice GSRP directly post-Closing	  	

  
  

B-1 

							
	 Category
	  	 Vendor / Application Name
	  	 Approach to TSA Service Fee / Invoicing
	  	 Additional TSA
Service Fee
(if
applicable)

				
	Other	  	MS Project	  	Included in Fixed Fee for CWS - Workplace Engineering	  	No Fee
				
		  	MS Visio	  	Included in Fixed Fee for CWS - Workplace Engineering	  	
				
		  	Citrix	  	Included in Fixed Fee for CWS - Workplace Engineering	  	
				
		  	AT&T	  	Included in Fixed Fee for Engineering (AMD and Core) - Data Center and Critical Infrastructure	  	
				
		  	Lumen	  	Included in Fixed Fee for Engineering (AMD and Core) - Data Center and Critical Infrastructure	  	
				
		  	Shred It	  	Included in Fixed Fee for Corporate and Workplace Solutions (CWS) - Document Management	  	
				
		  	Xerox	  	Included in Fixed Fee for Corporate and Workplace Solutions (CWS) - Document Management	  	
				
		  	CBRE	  	Included in Fixed Fee for Corporate and Workplace Solutions (CWS) - Facilities Management	  	
				
		  	Structure Works, Inc.	  	Included in Fixed Fee for Corporate and Workplace Solutions (CWS) - Security	  	
				
		  	U.S. Security Associates, Inc.	  	Included in Fixed Fee for Corporate and Workplace Solutions (CWS) - Security	  	
				
		  	Sterling (background check vendor)	  	Included in Variable Fee for HCM - Background Check	  	

  
  

B-2 

							
	 Category
	  	 Vendor / Application Name
	  	 Approach to TSA Service Fee / Invoicing
	  	 Additional TSA
Service Fee
(if
applicable)

				
	Consultants	  	Alvarez & Marsal	  	Vendor already invoicing GSRP directly	  	No Fee
				
		  	Ernst & Young	  	See above	  	
				
		  	KPMG LLP	  	See above	  	
				
		  	CohnReznick LLP	  	See above	  	
				
		  	Armanino LLP	  	See above	  	
				
		  	PricewaterhouseCoopers LLP	  	See above	  	
				
		  	Levine & Associates LLC	  	See above	  	
				
		  	Marshall & Stevens Incorporated	  	See above	  	
				
		  	ATC Group Services Inc	  	See above	  	
				
		  	Enertis Solar Inc	  	See above	  	
				
		  	Fractal Business Analytics LLC	  	See above	  	
				
		  	LCG Consulting	  	See above	  	
				
		  	Leidos Engineering LLC	  	See above	  	
				
		  	nFront Consulting LLC	  	See above	  	
				
		  	Snapper Creek Energy Advisors I LLC	  	See above	  	
				
		  	Gabel Associates, Inc.	  	See above	  	
				
		  	NV Solar	  	See above	  	
				
		  	Phoenix Renewable Services, LLC	  	See above	  	
				
		  	Powder Day Capital LLC	  	See above	  	
				
		  	Power Gem, LLC	  	See above	  	
				
		  	Sebesta Inc DBA NV5	  	See above	  	
				
		  	Smarkia Energy SL	  	See above	  	
				
		  	Wood Group USA Inc.	  	See above	  	
				
		  	Corporation Service Company	  	See above	  	

  
  

B-3 

 EXHIBIT C 

Pre-Approved GS Internal Applications 

 

			
	 Category
	  	 System / Application

	Order Management System	  	Funding FITS
		
		  	SRS
		
	Productivity	  	Digital Assistant
		
	Payments	  	Expense Management Application (EMA Classic)
		
		  	Expense Management Application (EMA RMD)
		
	Document Sharing	  	Lockbox
		
		  	Project Shares

  
  

C-1 

 EXHIBIT D 

 

	 	•	 	 CWS – Workplace Engineering – Technology Services – Desktop Infrastructure (Physical):
Parties to cooperate to wipe all-in-one (AIO) devices and ship the NDCs (desktop PCs) to Provider in Jersey City at Provider’s sole expense. 

 

	 	•	 	 CWS – Workplace Engineering – Technology Services – Voice: Provider to coordinate with the
Recipients to ship Cisco phones back to Jersey City at Provider’s sole expense. 

  

	 	•	 	 CWS – Document Management – Printing: Provider will deploy IBM to take back inventory or
printers/copiers at Provider’s sole expense. 

  

	 	•	 	 Data Center and Critical Infrastructure – Network Services: Provider will coordinate with the
Recipients to return the network equipment and NVR servers back to Goldman Sachs at Provider’s sole expense. 

  
  

D-1 

 EXHIBIT E 

 

			
	

    	 	Project Eclipse: Incident, and VM Management, Quarterly Call

 The processes and activities described apply only to those services provided by GS to Eclipse under Transition Services
Agreement (TSA). Any services and infrastructure operated by Eclipse or Eclipse vendors not used by GS which are outside GS operated environments are not in scope for the defined processes. 

 

	1.	 Quarterly Management Security reviews 

Eclipse and GS will review the security posture and related activities for services and infrastructure provided under TSA on a quarterly basis, at a minimum.
The meeting will be arranged and facilitated by GS. 
  

	 	•	 	 GCDI (formerly SIRT), will facilitate a quarterly call between the following parties 

 

	 	•	 	 Eclipse (Need names)  

 

	 	•	 	 GCDI (Attendees and facilitator(s): Martin Thira (Primary Facilitator,) Other GCDI Attendees: GCDII
Leadership) 

  

	 	•	 	 TechRisk Advisory (Attendees and facilitator(s)) 

 

	 	•	 	 Standing agenda 

  

	 	•	 	 Review Quarterly incident reports involving Eclipse (produced by GCDI) 

 

	 	•	 	 Discuss any Infrastructure or services security concerns 

 

	 	•	 	 Discuss any Enhancements or modifications to the current defined processes 

 

	 	•	 	 Any other business 

  

	2.	 Incident Management 

 

	 	2.1.	 Contacts 

Eclipse 
  

	 	•	 	 Incident contact name(s): Luis Espartosa 

 

	 	•	 	 Incident contact phone number(s): +34 625 99 37 80 

 

	 	•	 	 Incident contact email(s): luis.espartosa@gs.com 

 

	 	•	 	 Escalation contact name: Patrick McAlpine 

 

	 	•	 	 Escalation contact phone
number:718-612-6429 

  

	 	•	 	 Escalation contact email: patrick.mcalpine@gs.com 

GS 
  

	 	•	 	 GCDI 24x7 Hotline: +1 (212) 902-7478 

 

	 	•	 	
gs-FusionCenter-ISI@internal.email.gs.com; gs-techrisk-gcdi-leadership@ny.email.gs.com 

  
 E-1 

 

 
  
  

	 	2.2.	 Risk Levels 

Current GS risk levels: (We can provide the 1-page matrix) 

 

	 	•	 	 No incident – no business impact 

 

	 	•	 	 RL3 – low risk/low impact 

 

	 	•	 	 RL2 – known or medium risk with potential business impact 

 

	 	•	 	 RL1 – high Risk incident 

 

	 	2.3.	 Incident Management Process 

Incident can be initiated by either party by using defined contact methods. GCDI will own and run incident process and ensure appropriate
actions are taken and regular updates are provided to the necessary parties until the incident is closed. Note that GS will not be able to send incident information to external email addresses. 

 

	 	2.4.	 Incident Management Scenarios – GS will own and run incident process for all scenarios

  

	 	2.4.1.	 A cyber-attack prompts a security breach compromising sensitive confidential client data, company
proprietary intellectual property, or employee PII data. Legal advises that this requires public disclosures. 

 GCDI
will facilitate collaboration between GS and Eclipse legal and communications teams to ensure necessary disclosures are made, as required, during and after the incident. 
  

	 	2.4.2.	 A security event is detected by Eclipse as part of the services provided to Eclipse under TSA—how is GS
GCDI notified / involved? 

 Eclipse should email
gs-techrisk-gcdi-externalreport@ny.email.gs.com and follow up by contacting GCDI through the hotline to report the incident. 
  

	 	2.4.3.	 A security event / threat intelligence is detected by GCDI relating to Eclipse and on platforms provided
Eclipse under TSA 

 GCDI will contact Eclipse using defined contact methods. Eclipse to initiate an incident response
action. 
  

	 	2.4.4.	 A security incident relating to Eclipse requires regulatory notification—how is that coordinated?

 GCDI will facilitate collaboration between GS and Eclipse legal, compliance, regulatory and other relevant teams to
ensure necessary regulatory notifications are made, as required, during and after the incident. 
  

	 	2.4.5.	 A security incident impacts a critical Eclipse vendor which is also GS vendor 

GCDI will work with GS TPRM (Third Party Risk Management) and other relevant teams to ensure the vendor resolves the incident to GS
satisfaction in timely manner. Eclipse will be updated on the incident regularly using agreed communication channels. 
  

	 	2.4.6.	 A ransomware event on Eclipse systems not operated by GS 

Eclipse must notify GS immediately by calling the GCDI hotline and GS will take appropriate actions, including potentially temporarily
blocking any method of communication of data exchange between Eclipse and GS networks. 

  
 E-2 

 

 
  
  

	3.	 Vulnerability Management 3.1. Contacts 

 

	 	3.1.	 Contacts 

Eclipse 
  

	 	•	 	 Vulnerability management contact name(s): Luis Espartosa 

 

	 	•	 	 Vulnerability management contact phone number(s): +34 625 99 37 80 

 

	 	•	 	 Vulnerability management contact email(s): luis.espartosa@gs.com 

 

	 	•	 	 Escalation contact name: Patrick McAlpine 

 

	 	•	 	 Escalation contact phone number:
718-612-6429 

  

	 	•	 	 Escalation contact email: patrick.mcalpine@gs.com 

GS 
  

	 	•	 	 GCDI 24x7 Hotline: +1 (212) 902-7478 (GCDI being renamed to GCDI –
Global Cyber Defense & Intelligence) 

  

	 	•	 	 GCDI Managers: Wes Williams (Manager) wesley.williams@ gs.com 

 

	 	•	 	 Vulnerability management contact name(s):
gs-techrisk-vm@ny.email.gs.com 

  

	 	•	 	 Vulnerability management contact phone number(s): Nijil Raj (VM Operations India) 

 

	 	•	 	 Vulnerability management contact email(s): Nijil.Raj@ gs.com; wesley.williams@ gs.com 

A security vulnerability is identified on systems provided to Eclipse under TSA as a service by GS or a significant vulnerability is announced
(typically 0-day) requiring GS to assess all systems for impact. 
 GS will follow its standard
vulnerability management process for continuous system assessment and identified vulnerabilities are addressed in compliance with appropriate GS policies and SLAs. Any deviations will be reported and escalated to Eclipse. 

Significant vulnerabilities are handled according to GS process which includes vendors. For such vendors which are shared between GS and
Eclipse the assessment results will be communicated to Eclipse. 

  
 E-3EX-10.17

 Exhibit 10.17 

Execution Version 

Effective as of July 6, 2022 
 Office of the
Chief Investment Officer of the Regents 
 University of California 

Office of the President 
 1111 Franklin 

9th Floor 

Oakland, CA 94607-9828 

Re:    Internalization of Goldman Sachs Renewable Power LLC 

Ladies and Gentlemen: 
 This letter agreement
(this “Letter Agreement”) is being entered into in connection with and as an inducement for, the Regents of the University of California (the “Investor”) consenting to and approving, in its capacity as a Member of
Goldman Sachs Renewable Power LLC, a Delaware limited liability company (the “Company”), the Internalization Proposal and the Amendments Proposal (as such terms are defined in the Company’s Consent Solicitation Letter dated
June 1, 2022 (the “Consent Solicitation”)), and such consent and approval shall be deemed given upon the Investor’s execution of this Letter Agreement. The Investor, the Company, Goldman Sachs Asset Management, L.P., a
Delaware limited partnership (“GSAM”) and MN8 Energy, Inc. (“GSRP Holdings”) are sometimes individually referred to in this Letter Agreement as a “Party” and, collectively, as the
“Parties.” Pursuant to the terms of this Letter Agreement, the Parties hereby desire to (i) establish certain additional rights and obligations of the Parties in relation to the Investor’s equity interests in the Company
and (ii) amend and restate the letter agreement between the Investor, the Company and GSAM, dated effective as of August 17, 2018 (the “Original Side Letter”). 

1.    Definitions. Capitalized terms used herein but not otherwise defined herein shall have the meanings given to them in the
Internalization Agreement, dated as of May 18, 2022, by and among GSRP Holdings, the Company, Goldman Sachs Renewable Power Operating Company LLC, GSAM and GSAM Holdings II LLC (the “Internalization Agreement”);
provided, that each of the following terms is defined in the paragraph, document or other location set forth opposite such term: 
  

			
	 Term
	  	 Location Defined

	Affiliated Commitment	  	the Offering Memorandum
	Amendments Proposal	  	the Consent Solicitation
	Board Observer	  	paragraph 2.a
	Capital Account	  	the Amended GSRP LLC Agreement
	Capital Commitment	  	the Amended GSRP LLC Agreement
	Company	  	the introduction
	Company Documents	  	the Original Side Letter (but excluding the Management Agreement)
	Company Expenses	  	the Amended GSRP LLC Agreement

			
	 Term
	  	 Location Defined

	Confidential Information	  	the Amended GSRP LLC Agreement
	Consent Solicitation	  	the introduction
	Covered Modifications	  	paragraph 4.a
	CPRA	  	paragraph 8
	Disclosure Laws	  	paragraph 8.b
	Effective Date	  	paragraph 41.g
	Equity Threshold	  	paragraph 2.a
	ERISA	  	the Amended GSRP LLC Agreement
	ESG	  	paragraph 7.b
	ESG Policy	  	paragraph 7.b
	ESG Provider	  	paragraph 7.a
	Fee Disclosure Law	  	paragraph 8
	Fund Manager	  	the Fee Disclosure Law
	Governmental Plan	  	Section 3(32) of ERISA
	GSAM	  	the introduction
	GSRP Common Equity	  	paragraph 2.a
	GSRP Holdings	  	the introduction
	ILPA	  	paragraph 8.f
	Incentive Allocation	  	the GSRP LLC Agreement
	IPO	  	the Amended GSRP LLC Agreement
	Internalization Agreement	  	the introduction
	Internalization Proposal	  	the Consent Solicitation
	Legal Action	  	paragraph 4
	Letter Agreement	  	the introduction
	Leverage Ratio	  	the Offering Memorandum
	Listed Transaction	  	in Treasury Regulation Section 1.6011-4(b)(2)
	Material Adverse Effect	  	paragraph 4
	Management Fee	  	the GSRP LLC Agreement
	Member	  	the Amended GSRP LLC Agreement
	Offering Memorandum	  	the Amended GSRP LLC Agreement
	Original Side Letter	  	the introduction
	Ownership Change	  	Section 382 of the Code (and the treasury regulations promulgated thereunder)
	Party and/or Parties	  	the introduction
	Patriot Act	  	paragraph 19
	Promote	  	the GSRP LLC Agreement
	Placement Fees	  	paragraph 23.a
	Pre-IPO Board Observer	  	paragraph 2.a
	Portfolio Assets	  	the Amended GSRP LLC Agreement
	Recallable Capital	  	the Amended GSRP LLC Agreement
	Restricted List	  	paragraph 7.a
	Related Parties	  	the Fee Disclosure Law
	Similarly Situated Investor	  	paragraph 4.a

  
 2 

			
	 Term
	  	 Location Defined

	Subscription Agreement	  	the Amended GSRP LLC Agreement
	Undrawn Commitment	  	the Amended GSRP LLC Agreement
	U.S. AML Laws and Regulations	  	paragraph 19

 2.    Investor Rights. 

a.    Board Observer. Until the earlier of (i) Investor no longer owning, (x) prior to consummation of an
IPO, at least ten percent (10%) of the outstanding limited liability company interests of the Company (“GSRP Common Equity”) or (y) following consummation of an IPO, at least ten percent (10%) of the outstanding shares of
common stock of GSRP Holdings (collectively, the “Equity Threshold”), and (ii) the consummation of a Sale, the Investor shall be entitled to designate one nonvoting board observer to the GSRP Board (the “Pre-IPO Board Observer”) until the consummation of an IPO, and after the consummation of an IPO one nonvoting board observer to the GSRP Holdings Board (together with
Pre-IPO Board Observer, the “Board Observer”). The Board Observer must (1) enter into a board observer agreement in the form attached hereto as Exhibit A, (2) not be engaged
in any activities that are competitive to the GSRP Entities (other than general investment activities by the Investor and its controlled affiliates in the ordinary course of its business) and (3) the service of such individual as a Board
Observer shall not otherwise violate Applicable Law and the listing rules of any National Securities Exchange on which the shares of common stock of GSRP Holdings are listed. If the Board Observer resigns or is removed from GSRP Board or GSRP
Holdings Board or is unable to serve as the Board Observer due to death or disability, and at such time the Investor continues to be entitled to designate a Board Observer, the Investor shall have the right to designate a successor who shall be
appointed to the GSRP Board or GSRP Holdings Board, as applicable, as promptly as practicable following the designation thereof and shall be treated as the Board Observer for all purposes of this Letter Agreement. 

GSRP or GSRP Holdings, as applicable, shall (A) give the Board Observer notice of the applicable meeting or action taken by written consent at the same
time and in the same manner as notice is given to the members of the GSRP Board or GSRP Holdings Board, as applicable, (B) provide the Board Observer with access to all materials and other information given to the members of the GSRP Board or
GSRP Holdings Board, as applicable, in connection with such meetings or actions taken by written consent at the same time and in the same manner as such materials and information are furnished to members of the GSRP Board or GSRP Holdings Board, as
applicable, and (C) provide the Board Observer with all rights to attend such meetings as a member of the GSRP Board or GSRP Holdings Board, as applicable. Notwithstanding the foregoing, the GSRP Board or GSRP Holdings Board may exclude the
Board Observer from the relevant portion of any meeting (and from receiving information provided to other members of the GSRP Board or GSRP Holdings Board) to the extent such information or meeting relates to any conflicts of interest between the
Investor, its affiliates or the Board Observer, on the one hand, and the GSRP Entities, on the other or would otherwise violate Applicable Law or the listing rules of any National Securities Exchange on which the shares of common stock of GSRP
Holdings are listed. 

  
 3 

 b.    Registration Rights. At the consummation of a Traditional
IPO (other than an IPO through a Reverse Merger), if at such time the Investor owns at least ten percent (10%) of the outstanding common stock of GSRP Holdings, the Parties shall enter into a registration rights agreement in the form attached hereto
as Exhibit B and designate the Investor as an “Other Holder” in such registration rights agreement; provided, that in the case of a SPAC Transaction the terms of such registration rights agreement may be modified to the
extent reasonably necessary to accommodate the registration rights of other holders. 
 c.    Preemptive Rights.
To the extent that GSAM or its designee is entitled to “preemptive rights” as set forth in Section 10.01 of the Internalization Agreement with respect to the issuance by any GSRP Entity of certain equity securities, then the
applicable GSRP Entity shall also offer the Investor the right to purchase up to its pro rata share (based on the Investor’s then current ownership of GSRP Common Equity) of such new securities, consistent with, to the extent applicable, the
mechanisms and processes set forth in Section 10.01 of the Internalization Agreement. 
 3.    Consent Rights. Except as
expressly contemplated by any provision of the Internalization Agreement other than Section 6.01 or as required by Applicable Law, until the earliest to occur of (x) the consummation of an IPO or a Sale and (y) Investor no longer
meeting the Equity Threshold, none of the GSRP Entities shall directly or indirectly do or permit any of the following actions without the prior written consent of the Investor (which consent shall not be unreasonably withheld, conditioned or
delayed, and will be subject to the negative consent provisions in paragraph 28 below): 
 a.    (i) amend the
Organizational Documents of any GSRP Party (other than GSRP Holdings) if such amendment would have a material and disproportionate adverse effect on the Investor relative to the other holders of GSRP Common Equity, (ii) amend the Organizational
Documents of GSRP Holdings if such amendment would be inconsistent with the rights of the Investor under this Letter Agreement, or (iii) commence any voluntary liquidation, dissolution or winding up of any GSRP Party; 

b.    (i) make, revoke or change any election relating to the U.S. federal income Tax classification of GSRP or OpCo, or
(ii) settle or compromise any material Tax audit applicable to it or surrender any right to claim a material Tax refund; or 

c.    authorizing any new classes of equity or issue additional equity securities other than (i) as expressly
permitted by Section 6.01(b) of the Internalization Agreement, (ii) to Persons that are GSRP Restricted Parties, (iii) pursuant to a Sale or an IPO, (iv) the adoption of an equity compensation plan by GSRP or one of the GSRP
Entities and the grant, vesting and settlement of equity or equity-based awards thereunder to employees, directors or contractors of the GSRP Entities, or (v) in connection with tax equity partnerships or other ordinary course financings at a
Subsidiary of OpCo (for the avoidance of doubt, including joint ventures), in each case in good faith in the ordinary course of business for valid business purposes. 

4.    MFN. 

  
 4 

 a.    Except as previously disclosed to the Investor, the Company has
not, prior to the date hereof, entered into any agreement with any Similarly Situated Investor (as defined below) modifying the Management Fees, Incentive Allocation, Promote or other fees of the Company applicable to such Similarly Situated
Investor’s investment in the Company in a manner that is more favorable (as determined by the Company in its sole discretion) than the terms set forth in the GSRP LLC Agreement or provided any Similarly Situated Investor additional reports or
information with respect to the Company (collectively, “Covered Modifications”). “Similarly Situated Investor” means a Member whose Capital Commitment to the Company as set forth in its subscription agreement
(together with the Capital Commitments of its affiliates) is equal to or less than the Investor’s (and the Investor’s affiliates’) Capital Commitment(s) to the Company, other than (a) a Member making an Affiliated Commitment,
(b) any investment vehicle managed by GSAM or its affiliates and any entity that invests in the Company in connection with investment options under an employee benefit plan, program or arrangement, maintained by GSAM or an affiliate thereof,
and (c) an account advised by Goldman Sachs that invests in the Company as part of a multi-asset class or multi-product investment mandate and for which fees are paid (either partially or entirely) at the overall portfolio level. For purposes
of determining whether terms regarding the Management Fees, Incentive Allocation or Promote are more favorable, the Management Fees, Incentive Allocation and Promote will be viewed together and will be considered more favorable if the Management
Fees, Incentive Allocation and Promote borne by a Similarly Situated Investor would be more favorable at all levels of performance. 

5.    Notices. The Company will provide written notice to the Investor as soon as is commercially reasonably practicable after (or,
if specified, prior to) the occurrence of any of the following events: 
 a.    The creation of any new parallel fund or
any new feeder fund to the Company. 
 b.    The removal or additional appointment of any of the Company’s primary
legal counsel, auditor, administrator or custodian or any member of the GSRP Board. 
 c.    Any material amendment to
the Amended GSRP LLC Agreement, including copies of such amendment. 
 d.    To the extent (i) permitted by
Applicable Law and not otherwise prohibited by any confidentiality obligation imposed by a legal, regulatory, judicial, administrative or other authority and (ii) that disclosure will not in the judgment of the Company, compromise the defense
or pursuit of any action, suit or investigation, the Company shall use commercially reasonable efforts to notify the Investor at the same time and in the same manner as such notification is provided to other Members, generally, of any Legal Action
(as defined below) that, in either case, (x) pertains directly to the Company and (y) is expected by the Company to have a Material Adverse Effect (as defined below); provided that such notification shall only be required regarding a Legal
Action relating to an alleged violation of criminal laws or allegations of misrepresentations or willful misconduct. 
 “Legal Action” means
(i) an enforcement action or prosecution brought by any governmental, regulatory or law enforcement authority relating to a material alleged violation of securities, fiduciary or criminal laws, (ii) the receipt by the Company of notice of
commencement of an 

  
 5 

 
investigation by such regulatory or administrative body (other than an inquiry that constitutes a routine examination by a regulatory authority of its regulated entities) with respect to a
potential enforcement action or prosecution referred to in subparagraph (i), above, or (iii) the filing of a lawsuit by a client in a court of competent jurisdiction, which claims or alleges a material breach of fiduciary duty, fraud,
misrepresentation or willful misconduct. 
 “Material Adverse Effect” shall mean a material adverse effect on the business, assets, financial
condition or results of operations of the Company. 
 Notice pursuant to this paragraph 5.d may be provided to the Investor, and the Company’s
obligation shall be satisfied, by disclosure in periodic reports (including financial statement disclosure) or other notices, or information made available through disclosures in public filings, including GSAM’s Form ADV and public filings of
The Goldman Sachs Group Inc. and its affiliates. For the avoidance of doubt, the Investor agrees that any information provided to it pursuant to this paragraph 5.d shall be considered Confidential Information. 

e.    If the Company discovers that the Company has participated in a Listed Transaction. 

6.    Tax Matters. 

a.    If the Investor delivers to the Company a properly executed withholding tax exemption certificate (or such other
form as the Internal Revenue Service or the applicable foreign or state taxing authority may require) providing for a complete exemption from withholding tax, the Company shall not withhold from distributions any withholding taxes covered by such
exemption certificate. 
 b.    Before otherwise withholding and paying over to any U.S. federal, state or local or
foreign taxing authority any amount purportedly representing a tax liability of the Investor pursuant to a written notice from a taxing authority that such withholding and payment is required by law or otherwise, and such withholding and payment is
not covered by the exemption certificate in paragraph 6.a above, the Company shall provide written notice to the Investor and provide the Investor an opportunity to contest such claim. 

c.    Each of the Company and GSAM represents and warrants to the Investor that it does not anticipate that the Company
will be subject to any material tax in any non-U.S. jurisdiction (other than Spain) either under existing Applicable Law or anticipated changes in laws. 

7.    ESG 

a.    The Investor has advised the Company that, pursuant to formal, written policies that have been adopted by the
Investor’s governing board, copies of which the Investor has provided to the Company (and which may be amended from time to time), the Investor is prohibited from investing directly in securities of “Tobacco Companies” and “Sudan
Companies” and certain other types of companies, as further set forth or described in the most recent restricted list provided to the Company from time to time (which is expected to be delivered via email on a quarterly basis), by Investor,
MSCI ESG Research Inc. and/or such other service provider as notified to the Company by the Investor (the “ESG Provider”) from time to time (the “Restricted  

  
 6 

 
List”). Any failure to deliver a Restricted List by the ESG Provider shall not be deemed to constitute a breach under this Letter Agreement. Further, the Restricted List is not a
public document and includes protected material that the Investor considers Confidential Information. As such, the Restricted List should not be released to any third party without Investor’s and any applicable ESG Provider’s written
permission. 
 b.    The Investor notifies the Company that the Investor is a signatory to the UN Principles for
Responsible Investment and considers environmental, social and governance factors (“ESG”) in making investment decisions. Further, the Investor has adopted a policy on ESG (the “ESG Policy”), a copy of which the
Investor has provided to the Company (and which may be amended from time to time), pursuant to which Investor is prohibited from investing directly in certain other companies and industries set forth or described in the Restricted List. 

c.    The Investor strongly encourages the Company to consider ESG in the Company’s investment decision-making
process; provided, however, that although the Investor does not encourage the purchase of the securities of any company on the then applicable Restricted List, the parties hereto agree and acknowledge that nothing in this paragraph 7 shall
prohibit, restrict or otherwise limit the Company from making any investment in such securities; provided, the Company agrees not to distribute any such securities to the Investor but, instead, shall sell such securities on behalf of the
Investor at the Investor’s expense and remit the net proceeds thereof to the Investor. 
 8.    Confidentiality. Investor
hereby gives notice to the Company that UC Regents is subject to the California Public Records Act (Cal. Govt. Code §6250 et seq. (the “CPRA”)), which provides generally that all records relating to a public agency’s
business are open to public inspection and copying unless exempted under such Act, and the fee disclosure law (Cal. Govt. Code §7514.7) (the “Fee Disclosure Law”) which provides generally that any alternative investment vehicle
in which public investment funds invest must make certain disclosures regarding fees and expenses that the public investment fund pays directly to the alternative investment vehicle, the Fund Manager or Related Parties, and such fees and expenses
are required to be disclosed by the public investment funds during meetings open to the public. The Company and the Investor agree that, notwithstanding the provisions of Section 11.14.3 of the Amended GSRP LLC Agreement or any other provisions
of the Company Documents: 
 a.    Investor may disclose: (i) the name, address, and vintage year of the Company;
(ii) the dollar amount of the Investor’s Capital Commitment to the Company since inception of the Company; (iii) the dollar amount of capital contributions made by the Investor to the Company since inception of the Company;
(iv) the dollar amount of cash distributions received by Investor from the Company; (v) the dollar amount of cash distributions received by the Investor plus the remaining value of Company assets attributable to the Investor’s
investment in the Company; (vi) the gross and net internal rate of return of the Company since its inception (as calculated by the Investor); (vii) the investment multiple of the Company since inception (as calculated by the Investor);
(viii) the dollar amount of any fees and expenses that the Investor pays directly to the Company (or any structure through which the Investor invests in the Company), the Fund Manager or any Related Parties; (ix) the Investors’ pro
rata share of fees and expenses not included in paragraph 8.a(viii) that are paid from the Company (or any structure through which the Investor invests in the Company) to the Fund Manager or any Related Parties; (x) the Investor’s pro rata

  
 7 

 
share of aggregate fees and expenses paid by all of the portfolio companies held by the Company (or any structure through which the Investor invests in the Company) to the Fund Manager or any
Related Parties; (xi) the Investor’s pro rata share of any performance-based compensation (i.e. carried interest) distributed to the Fund Manager or any Related Parties and (xii) the dollar amount of “cash profit” (as
provided under Applicable Law with respect to which such disclosure is made) received by the Investor from the Company on a fiscal year-end basis (as calculated by the Investor). With respect to any
information referenced in clauses (vi), (vii) and (xii) above, the Investor will not represent that such information was prepared, reviewed or approved by the Company. 

b.    The disclosure of items set forth in paragraph 8.a above and disclosure of any other information pursuant to
the requirements of the Freedom of Information Act, CPRA and the Fee Disclosure Law (“Disclosure Laws”) will not be considered a breach under the Company Documents. Notwithstanding anything in the Company Documents to the contrary,
the Company shall not make any claim against the Investor if the Investor makes available to the public (i) any of the information set forth in paragraph 8.a or (ii) any report, notice or other information the Investor receives from the
Company, the GSRP Board or GSAM that is the subject of a request under the Disclosure Laws or court order. 

c.    Notwithstanding Section 11.14.3 or any other provision of the Amended GSRP LLC Agreement or the Company
Documents (but subject to paragraph 8.i below), the Company shall in no event withhold from the Investor: (i) any information relating to the items under paragraph 8.a above and (ii) any information made available or delivered to the
investors in the Company pursuant to the Offering Memorandum (including without limitation, unredacted financial statements and the Investor’s fair market value Capital Account information), which information will be delivered to the Investor
in paper format (or downloadable, printable electronic format). Notwithstanding the foregoing, in the event the Investor discloses Confidential Information other than (x) as required by the Disclosure Laws or (y) as otherwise permitted in
the Company Documents, the Company will be permitted to withhold from the Investor additional Confidential Information. 

d.    While the Investor has been informed that GSAM and the Company deem information with respect to the Company and its
portfolio companies to constitute trade secrets with respect to the Company and its portfolio companies, the Investor is not, by acquiring an interest in the Company, acknowledging or agreeing with any such characterization or that such information
has independent economic value. 
 e.    The Investor shall be required to return any copies of information provided to
it by the GSRP Board or GSAM or the Company only to the extent allowed under Applicable Law; 
 f.    To assist the
Investor in its reporting obligations, with respect to each calendar quarter commencing with the Effective Date, the Company will provide the Investor (on a 90-day lag) with the “Level 1”
information described in the fee reporting template in the form issued by the Institutional Limited Partners Association (“ILPA”), as updated from time to time by ILPA (and the related ILPA guidance); provided, that in the event the
Fee Disclosure Law requires the Investor to disclose additional information that is not included in the ILPA fee reporting template, then the Company will provide such additional required by the Fee Disclosure Law. 

  
 8 

 g.    Any confidentiality agreement that the Investor may be required to
agree to in order to access any website maintained by the Company, GSAM or the Company for the purpose of making certain documents available or delivering notices to the investors under the Offering Memorandum shall be subject to the confidentiality
provisions of the Company Documents and this Letter Agreement. 
 h.    The Company agrees to provide to the Investor
any of the information set forth in paragraph 8.a with respect to the prior calendar year upon a reasonable request from the Investor. 

i.    The Investor agrees to promptly notify GSAM and the Company in the event it becomes aware of a requirement to
publicly disclose any Confidential Information that, as of the date hereof, was not subject to, or that the Investor was not aware was subject to, public disclosure under any Disclosure Laws. Following such time as such public disclosure of any such
Confidential Information is required under any Disclosure Law, GSAM and the Company shall be permitted to exercise its right under Section 11.14.3 of the Amended GSRP LLC Agreement and GSAM, the Company and the Investor shall work together in
good faith and on an expedited basis to develop a mutually acceptable process for providing Confidential Information to the Investor. 

9.    Disclosure of Investor Identity. Neither the Company nor GSAM shall disclose the identity of the Investor as an investor in
the Company in any marketing materials, including news releases, without the Investor’s prior written consent. Notwithstanding the previous sentence, the Company, GSAM and the GSRP Board shall be permitted to disclose, and the Investor consents
to the disclosure of, the Investor’s name and the investment in the Company (a) as requested by a governmental or similar authority or required by law, legal process, regulation (including filings for federal, foreign and state securities
and other laws in connection with the offering of interests in and the making of investments by the Company and any parallel fund) or the rules of any self-regulatory organization, (b) to the legal counsel and independent accountants of the
Company and GSAM and, on a need to know basis as reasonably determined by the Company or GSAM to perform its duties under the Company Documents, to other participants in transactions or potential transactions with the Company, (c) to other
investors, or prospective investors, in the Company or parallel funds of the Company, (d) to the Company’s or any parallel fund of the Company’s lenders, prospective lenders, insurers, administrators, underwriters or other service
providers in the course of the Company’s, or any parallel fund of the Company’s business, and (e) to enforce any of the rights of the Company, GSAM or their affiliates in connection with the Company Documents, provided in the case of
(b), (c), and (d), the recipient of such information is informed that Investor’s identity is confidential information. 

10.    No Required Withdrawal or Exclusion. The Company shall not, other than for the reasons set forth in the Offering Memorandum,
compulsorily withdraw the Investor’s Interests (a) without the Investor’s prior written consent or (b) unless such compulsory withdrawal is necessary in order to prevent or mitigate any legal or regulatory issue (including,
without limitation, any requirement to register the securities of the Company, to register the Company as an investment company under the Investment Company Act of 1940, or to avoid treatment as a “plan assets” fund under ERISA) or to
comply with the GSRP Board’s applicable fiduciary duties to the Company. 
 11.    Transfers. The Investor shall be
prohibited from transferring any direct or indirect interest in the Company without the Company’s prior written consent, which consent shall not be 

  
 9 

 
unreasonably withheld, conditioned or delayed. For the avoidance of doubt, the Company may withhold consent if, as determined in the Company’s sole discretion, if it could reasonably be
expected to give the Company greater flexibility to conduct the business of the Company going forward without causing a potential Ownership Change. 

12.    Sovereign Immunity. GSAM acknowledges on behalf of the Company and agrees that the Investor reserves all immunities,
defenses, rights or actions arising out of its sovereign status, including those under the Eleventh Amendment to the United States Constitution, to which it may be entitled. No provision of the Amended GSRP LLC Agreement or the Subscription
Agreement shall be construed as a waiver or limitation of such immunities, defenses, rights or actions. The foregoing sentence in no way limits the contractual liability of the Investor under this Letter Agreement, the Amended GSRP LLC Agreement or
the Subscription Agreement, including, without limitation, the obligations of the Investor to make capital contributions and other payments to the Company as set forth therein, nor shall it reduce or modify the rights of the GSRP Board, GSAM or the
Company to enforce the obligations of the Investor under this Letter Agreement, the Amended GSRP LLC Agreement or the Subscription Agreement at law or in equity. 

13.    Opinions of Counsel. In any event in which the Company Documents require or permits an investor to deliver an opinion of
legal counsel, then, with respect to any such opinion relating to the Investor, the Company will accept an opinion from a senior legal officer of the Investor. 

14.    In Kind Distributions. The Company agrees to use commercially reasonable efforts to make or cause to be made all payments of
redemption proceeds to the Investor in cash. In the event that the Company determines that it is necessary to make an in-kind distribution to the Investor (whether to satisfy a redemption request by the
Investor or for any other purpose under the Company Documents, but subject to the Special Interest Member’s rights under the Amended OpCo LLC Agreement), the Company will, to the extent reasonably practicable, (i) ensure that any such in-kind distribution is made in a fair and equitable manner, (ii) ensure that the Investor is not required to take more than its ratable share of any particular asset in kind, and (iii) provide the
Investor with written notice as soon as reasonably practicable prior to such in kind distribution and, upon the request of the Investor, use commercially reasonable efforts to dispose of the Investor’s share of any such assets for cash as agent
for the Investor at the Investor’s expense. In connection therewith, the Company shall use all commercially reasonable efforts to achieve the best possible price for the benefit of the Investor. 

15.    Indemnification, Claims for Indemnification and Insurance. The Company hereby represents and warrants to the Investor that:

 a.    No fiduciaries of the Investor shall be personally liable for any indemnification under the terms of the Company
Documents. 
 b.    The aggregate amount of indemnification to be provided under the provisions of the Company Documents
shall in no event exceed the aggregate amount of the Investor’s Undrawn Commitment (including the portion thereof that constitutes Recallable Capital); provided, however, that the foregoing shall not modify or limit any indemnification
obligations of the Investor pursuant to the indemnities provided for breaches of the representations and warranties made by the Investor in the Subscription Agreement. 

  
 10 

 c.    Notwithstanding anything in the Company Documents to the contrary,
the Company Documents do not impose any personal indemnification obligations on Investor and shall not be applied or construed to require the Investor to provide indemnification directly to any person or entity thereunder; provided, however, that
the foregoing shall not modify or limit any indemnification obligations of the Investor pursuant to the indemnities provided for breaches of the representations and warranties made by the Investor in the Subscription Agreement. 

16.    Insurance. The Company (a) represents and warrants that it is bonded and insured to the amounts set forth below: 

 

							
	 Type of Insurance
	  	 Insurer
	  	 Limit of Liability
	  	 Deductible

	Errors & Omissions/Director & Officer	  	Multiple Providers—lead: Berkshire Hathaway	  	$5,000,000.00	  	$1,000,000.00
				
	General Commercial Liability	  	Multiple Providers—lead: Federal Insurance Company (Chubb)	  	$2,000,000.00 Gen. Aggregate	  	$0.00
				
	Fiduciary Liability	  	Multiple Providers—lead: Berkshire Hathaway	  	$1,000,000.00	  	$0.00
				
	Crime Insurance	  	Multiple Providers—lead: Berkshire Hathaway	  	$1,000,000.00	  	$100,000.00
				
	Employment Practices	  	Multiple Providers—lead: Zurich	  	$1,000,000.00	  	$25,000.00

 and (b) covenants and agrees to maintain such insurance at all times during the term of the Company and to provide the
Investor with evidence of such coverage as the Investor may request from time to time. 
 17.    Company Expense Reporting. The
Company hereby agree to provide in quarterly and annual reports delivered to the investors in the Company the following information: 

a.    to the extent the sole purpose of a capital call is to pay Company Expenses, the Company will use reasonable efforts
to provide a breakdown of such Company Expenses. 
 18.    U.S. Foreign Corrupt Practices Act. As long as the Investor maintains
its investment in the Company, the Company shall not make any payment to any person or legal entity that is, to its respective knowledge, in violation of the U.S. Foreign Corrupt Practices Act, as amended. 

19.    AML Laws. The Company and GSAM acknowledge that the they and certain of their affiliates are subject to and, to GSAM’s
knowledge, are in compliance with applicable United States laws and regulations relating to anti-money laundering, including the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of
2001 (the “Patriot Act”) and the Bank Secrecy Act, as amended by the Patriot 

  
 11 

 
Act (collectively the “U.S. AML Laws and Regulations”). The Company and GSAM represent and warrant that, in order to facilitate compliance with U.S. AML Laws and
Regulations, a written anti-money laundering prevention program reasonably designed to comply with the requirements of the U.S. AML Laws and Regulations has been developed and implemented and will be maintained to the extent required by law or
regulation, with respect to the Company. To the best of GSAM’s knowledge, none of the Company or GSAM nor any of their partners, members, officers, directors, principals, managers or shareholders are listed on the Specially Designated Nationals
and Blocked Persons List maintained by the United States Department of the Treasury’s Office of Foreign Assets Control. The Company will promptly notify the Investor if any of the representations contained in this paragraph cease to be correct.

 20.    Plan Participants. Other than to the extent required in order for the Company to comply with Applicable Law, rule or
regulation, the Investor shall not be required or requested to provide any information or document to any person or entity with respect to the members, retirees, participants, or beneficiaries of the University of California Retirement Plan in
connection with or pursuant to the Company Documents or otherwise. The Investor makes no representations or warranties with respect to any of the members, retirees, participants, or beneficiaries of the University of California Retirement Plan, and
for the avoidance of doubt, for purposes of the representations and warranties made by the Investor in the Subscription Agreement, none of the members, retirees, participants, or beneficiaries of the University of California Retirement Plan will be
deemed to be beneficial owners of the Investor’s interest in the Company and, rather the Investor shall be deemed to be the beneficial owner for such purposes. 

21.    Amendments. Notwithstanding anything in the Company Documents to the contrary, other than as required by Applicable Law,
rule or regulation, the Company Documents shall not be amended in such a way as to have a material adverse effect on the Investor without the Company first seeking the approval of the Investor. If the Investor fails to respond within 45 calendar
days of the notice of proposed amendment, the Investor will be deemed to have consented to such amendment. 
 22.    Transactions
with Affiliates. The Company shall provide notice to the Investor of any material transactions or contracts it enters into with GSAM (other than those expressly disclosed in the Company Documents or the Consent Solicitation as of the date
hereof). 
 23.    Ethics Acknowledgement, Placement Agents and SEC Rule 206(4)-5 (Pay
to Play Prohibitions). 
 a.    The Company confirms that it has received and reviewed the Investor’s ethical
guidelines (as set forth in Exhibit C) and confirm, in connection with the Investor’s investment in the Company, (i) neither the Company nor any affiliate thereof has paid any placement agent or third-party solicitation fee (such
fees, “Placement Fees”); (ii) no part of the Investor’s Capital Commitment has been or will be used to pay Placement Fees; and (iii) the Company shall not be responsible for nor bear the payment of any Placement Fees.
For the avoidance of doubt, for purposes of the foregoing, fees, bonuses or other compensation payable by the Company to its employees or affiliates shall not be considered Placement Fees. 

  
 12 

 b.    With respect to the Investor’s investment in the Company, the
Company represents and warrants that the Company and its officers and managers have not directly or indirectly: 

i.    received compensation for providing advisory services to the Investor within 2 years of making political
contributions to the Investor, its staff or fiduciaries; 
 ii.    paid third parties not registered as investment
advisers under the Investment Advisers Act of 1940, as amended, to solicit the Investor’s business; 

iii.    solicited or coordinated contributions to the Investor, its staff or fiduciaries; or 

iv.    solicited or coordinated payments to state or local political parties to acquire the Investor’s business. 

24.    Discretion. The Company hereby agrees that the GSRP Board has a duty of good faith and fair dealing to the Company, and that
the provisions in the Amended GSRP LLC Agreement permitting the GSRP Board to make a decision or determination in its “discretion” or “sole discretion” or under a grant of similar authority or latitude do not eliminate or modify
the obligation of the GSRP Board to act at all times without any intent to defraud, act maliciously or take unfair advantage in respect of the interest of the Members as a whole. 

25.    Meetings. One or more officers of the Company shall (a) meet annually (and no less than once every 18 months) with the
Investor at the offices of the Investor to review the Company’s holdings, performance, strategy, personnel changes, brokerage commissions, changes in ownership, compliance with investment guidelines, client service, and any other items of
interest to the Investor in relation to the Company and (b) participate, no less than once per calendar quarter, in conference calls with members of the Investor’s staff, during which the Company’s officers shall review the
Company’s performance and be available to answer questions from the Investor’s staff. In the event that a representative of the Investor is unable to attend any annual meeting of the investors, the Company shall provide to the Investor,
within five (5) Business Days after the annual meeting, copies of all materials distributed to the investors at such meeting, subject to any confidentiality restrictions imposed on such investors. 

26.    Risk Aggregation. The Investor may share the name of the Company and the amount of the Investor’s Capital Commitment
with its third party risk vendor; provided, however, (i) that no performance, position or other information may be shared with the third party risk vendor and (ii) the third party risk vendor has entered into a confidentiality agreement
that requires such vendor to maintain the confidentiality of the information disclosed by the Investor to such third party risk vendor as contemplated in this paragraph 26. 

27.    Power of Attorney. Notwithstanding any power of attorney granted to the Company, the Company agrees that, due to the
Investor’s status as a public entity recognized under article IX, section 9 of the Constitution of the State of California, any power of attorney granted by the Investor pursuant to its Interests is intended to be used by the Company to
carry out its power and authority under the Company Documents and is not intended to be and does not provide a general grant of power to exercise discretionary judgment on behalf of the Investor and shall be used only in accordance with Applicable
Law and shall not be used for any purpose other than as 

  
 13 

 
contemplated in the Company Documents, and shall not expand any right or duty of the Company, particularly as it relates to granting a power of attorney to (i) give any representations or
warranties on behalf of the Investor, (ii) increase any obligations of the Investor on behalf of the Investor or (iii) amend any provision of the Company Documents which materially affects the Investor (in each case, to the extent not
specifically provided for or contemplated in the Company Documents). For the avoidance of doubt, the Investor acknowledges that nothing in this paragraph 27 shall be construed to restrict or limit in any way the authority and power to execute
documents or take any other actions pursuant to the power of attorney granted by the Investor to the Company as set forth in the Company Documents. The Company acknowledges that any power of attorney granted by the Investor to the Company is
revocable upon the bankruptcy or insolvency of the Company and shall not be used by any member of the GSRP Board following his conviction of a felony or removal from the GSRP Board. 

28.    Negative Consent. Notwithstanding anything to the contrary in the Company Documents, the Company hereby agrees that, in the
event that the GSRP Board or the Company requests the consent or approval of the Investor for any proposed action, the Investor shall be provided 15 calendar days to respond, after which the Company will send two follow up communications over the
course of the following 20 days requesting the consent or approval of such proposed action. If the Investor fails to respond within 45 calendar days of the initial communication that it either (i) consents or approves of such action or
(ii) does not consent or approve of such action, then the Investor will be deemed to have consented to or approved such proposed action. 

29.    Payment of Commissions; Sales Charges; Redemption Charges. The Company hereby confirms that (a) it has not agreed to
pay and will not pay, directly or indirectly, to any third party any broker fee, sales commission, finder’s fee, subscription fee, placement fee or similar fee with respect to the Investor’s acquisition of an interest in the Company, and
no such fees will be allocated to the Investor with respect to the acquisition by any other investor of an interest in the Company and (b) it will not charge any subscription, sales or purchase charges with respect to the Investor’s
acquisition of an interest in the Company or any disposition fee or charge with respect to the redemption of any such Interests. 

30.    Entire Agreement and Binding Effect. Each Party represents and warrants as follows: 

a.    Each Party has full legal right, power, and authority to enter into this Letter Agreement and to carry out and
perform its obligations hereunder; 
 b.    The execution and delivery of this Letter Agreement by each Party and the
performance by each Party of the terms hereof have been duly authorized by such Party; 
 c.    This Letter Agreement is
the legal, valid, and binding obligation of each Party hereto, enforceable against such Party in accordance with its terms, except as limited by bankruptcy, insolvency, or other laws affecting creditors’ rights generally or by the availability
of equitable remedies; 
 d.    Neither the execution and delivery by any party hereto of this Letter Agreement nor the
fulfillment by such Party of the terms hereof: 

  
 14 

 i.    conflict with or result in a breach of any provision of the
organizational documents of such Party; 
 ii.    result in a default or require any consent or approval under any of
the terms, conditions, or provisions of any agreement or instrument to which such Party is a party or by which it or any of its assets may be bound, other than notices to and approvals and consents of any other Members; 

iii.    violate any law, judgment, order, writ, injunction, decree, statute, rule, or regulation of any court,
administrative agency, bureau, board, commission, department or other governmental entity applicable to such Party or any of its assets; or 

iv.    require any consent, approval, qualification, order, or authorization of, or filing with, any governmental
authority under any contracts, agreements, or instruments by which such Party is bound or to which it or any of its assets is subject, other than those that have already been received or given. 

31.    Venue; Jury Trial. Any disputes between the Investor and one or more of the Company and GSAM, shall be decided by a court in
San Francisco, California. The parties hereto hereby acknowledge and agree that the Investor has not agreed to waive its right to a trial by jury. 

32.    Closing Documents. Promptly after the Closing, one or more of the Company’s officers shall provide the Investor’s
outside counsel, DLA Piper LLP (US), to the attention of Adam Tope, Esq., with copies of all closing documents (including, but not limited to, all legal opinions and side letters provided to any other investor), and shall deliver to the Investor all
original documents. One or more of the Company’s officers shall promptly deliver all post-closing amendments to the Company Documents, side letters, legal opinions, and any other legal documents to the outside counsel designated in the previous
sentence or such other outside counsel as the Investor may designate to the Company from time to time. 
 33.    Distribution
Notices. If the Company determines not to proceed with an IPO and instead pursue an Exit Event other than an IPO, then, upon the Investor’s reasonable request, the Company shall, for each distribution made by the Company, prepare and send
to the Investor at the time of each such distribution a detailed break-out showing that portion of the total distribution proceeds attributable to each step of the distribution waterfall contained in the
Amended GSRP LLC Agreement, including, without limitation, any corresponding carried interest distributions made to the Company in respect of the Investor. 

34.    Governmental Plan and ERISA Investor. The parties acknowledge and agree that the Investor (i) is a Governmental Plan,
and (ii) shall be entitled to obtain any rights, notices, and benefits that any Member that is subject to Title I of ERISA or Section 4975 of the Code is entitled to receive pursuant to the Company Documents. For the avoidance of
doubt, nothing in this paragraph shall imply that the Investor will be treated as a “benefit plan investor” for purposes of the application of Section 3(42) of ERISA to the Company or that the assets of the Company will be deemed to
include plan assets of the Investor. 
 35.    Periodic Discussions with the Investor. The Company shall make personnel available
to have periodic discussions with the Investor upon the Investor’s reasonable request to discuss 

  
 15 

 
matters relating to the Company’s Portfolio Assets, including the type and location of such Portfolio Assets (including the extent to which any Portfolio Assets are outside of the U.S.
middle-market solar energy market), the level of leverage utilized by the Company (including the extent to which any leverage exceeds the Leverage Ratio), the composition of the GSRP Board (including any proposed changes thereto) and any
transactions between the Company and GSAM or affiliates of GSAM. 
 36.    Notice of Certain Matters. The Company shall provide
notice to the Investor of any material transactions of which GSAM has knowledge directly between the Company or an entity directly controlled by the Company, on the one hand, and GSAM or any affiliate of GSAM, on the other, involving the purchase or
sale of assets, borrowing, or hiring Goldman Sachs as a service provider on a fee paying basis as promptly as practicable following becoming aware of such transaction; provided that this paragraph 36 shall not apply to any arrangements or
transactions of the type (or nature) contemplated by the Company Documents or any arrangements or transactions with another investment vehicle managed by GSAM or its affiliates in connection with an investment made by the Company alongside such
investment vehicle. For the avoidance of doubt, no entity in which the Company directly or indirectly invests shall be considered an affiliate for purposes of this paragraph 36. 

37.    Admission of Additional Members of the Operating Company. If any persons are admitted as members of the Operating Company
following the date hereof, the Company will notify the Investor of such within 30 calendar days of such admission. 

38.    Financing Facilities. Notwithstanding anything to the contrary set forth above, the Company acknowledges and agrees that, in
connection with any credit facility or other borrowing arrangement, the Investor shall not be required to (i) grant a security interest in its underlying assets (ii) waive any immunities, defenses, rights, or actions arising out of its
sovereign status and under the Eleventh Amendment of the United States Constitution as described in paragraph 12 above or (iii) consent to any governing law or jurisdiction other than as agreed pursuant to this Letter Agreement. 

39.    Giveback. The aggregate amount that the Investor will be required to contribute pursuant to Section 6.11.1(v) of the
Amended GSRP LLC Agreement following the termination of the Company shall not exceed an amount equal to the total amounts distributed to the Investor, provided however that the Investor shall not be required to make any Capital Contributions
pursuant to Section 6.11.1(v) after the third anniversary date of the termination of the Company (unless extended to cover claims outstanding on such anniversary as notified to the Investor prior to or at such time). If, on the third
anniversary of the termination of the Company, there are any obligations then pending or any other liabilities or other obligations (in each case, whether contingent or otherwise) or claims then outstanding, the Company shall notify the Investor at
such time and the Investor’s obligations to make Capital Contributions pursuant to Section 6.11.1(v) shall survive with respect to such obligations, liabilities or claims set forth in such notice until the date that any such obligation,
liabilities or claims are ultimately resolved and satisfied. 
 40.    Company Ownership Change. The Company confirms that it
will use commercially reasonable efforts to operate in a manner that would not be expected to result in an Ownership Change. 

  
 16 

 41.    Miscellaneous. 

a.    The captions in this Letter Agreement are included for convenience of reference only and in no way define or
delineate any of the provisions hereof or otherwise affect their construction or effect. 
 b.    This Letter Agreement
may be executed in two or more counterparts, each of which taken together shall constitute one and the same instrument, and delivery by facsimile and/or e-mail PDF of an executed counterpart of any signature
page to this Letter Agreement shall have the same effectiveness as delivery of a manually executed counterpart thereof. 

c.    If any provision of this Letter Agreement shall be held or made invalid by a court decision, statute, rule or
otherwise, the remainder of the Letter Agreement shall not be affected thereby. 
 d.    This Letter Agreement may not
be assigned by any party without the prior written consent of all Parties hereto; provided, however, that the Investor may assign this Letter Agreement to any affiliate to which it has duly transferred its interest in the Company pursuant to
paragraph 11 hereof. 
 e.    Neither the failure nor any delay on the part of any Party to exercise any right
under this Letter Agreement shall operate as a waiver thereof, nor shall any single or partial exercise of any right preclude any other or further exercise of the same or of any other rights, nor shall any waiver of any rights with respect to any
occurrence be construed as a waiver of such right with respect to any other occurrence. 
 f.    This Letter Agreement
may only be amended by a written agreement executed by each of the Parties. 
 g.    This Letter Agreement will be
effective upon the Closing of the transactions contemplated by the Internalization Agreement (the “Effective Date”); provided, that the Investor’s consent and approval to the Internalization Proposal and the Amendments
Proposal shall be effective as of the date first above written; provided, further, that the provisions of: 

i.    paragraphs 2 and 3 of this Letter Agreement shall remain in effect from the Effective Date until the earliest of
(I) the date terminated by an instrument in writing signed by the Parties, (II) the first date on which the Investor no longer meets the Equity Threshold and (III) the date on which the Company is terminated following a sale of
substantially all of its assets; 
 ii.    paragraphs 4 through 40 of this Letter Agreement shall remain in effect from
the Effective Date until the earliest of (I) the date terminated by an instrument in writing signed by the Parties, (II) the first date on which the Investor no longer holds its Interest, (III) the date on which the GSRP Board
determines that the Company will pursue an IPO or (IV) the date on which the Company is terminated pursuant to an IPO or a sale of substantially all of its assets; and 

iii.    notwithstanding the foregoing, paragraphs 1, 8, 9, 11, 12 and 31 hereof shall survive the termination of this
Letter Agreement. 

  
 17 

 h.    This Letter Agreement shall inure to the benefit of and be binding
upon the Parties and their respective permitted successors and assigns. This Letter Agreement shall apply in full with respect to any additional investment in the Company by the Investor, and the Company, upon request, shall reaffirm the accuracy of
confirmations, representations, warranties and covenants made by it in this Letter Agreement as of the date of such additional investment. 

i.    This Letter Agreement shall be governed by and construed in accordance with the laws of the State of California
without regard to any such laws that would provide that the laws of another jurisdiction shall govern; provided, however, that paragraphs 8 and 12 shall be governed by the laws of the State of California without regard to any such laws that
would provide that the laws of another jurisdiction shall govern. 
 j.    The provisions of this Letter Agreement are
binding on each of the Parties and supplement the Company Documents in respect of the Investor’s investment in the Company. In the event there is any conflict between this Letter Agreement and any of the Company Documents, the terms of this
Letter Agreement shall control. As so supplemented, the Company Documents remain in full force and effect. The Original Side Letter is superseded and replaced in its entirety by this Letter Agreement, effective as of the Effective Date. 

k.    Whenever the context may require, any pronoun used herein shall include the corresponding masculine, feminine, or
neuter forms and the singular forms of nouns, pronouns, or verbs shall include the plural and vice versa. References in this Letter Agreement to “consummation of an IPO” shall mean the date of consummation of the IPO without giving effect
to any over-allotment option. 
 [Signatures appear on the following pages.] 

  
 18 

 IN WITNESS WHEREOF, the Parties, each intending to be legally bound hereby, have caused this Letter
Agreement to be executed as of the date(s) set forth below and effective as of the date first above written. 
  

			
	Very truly yours,
	
	GOLDMAN SACHS RENEWABLE POWER LLC
		
	By:    	 	 /s/ Tim Leach

		 	Name: Tim Leach
		 	Title: Chairman of the Board
	
	MN8 Energy, Inc.
		
	By:    	 	 /s/ Tim Leach

		 	Name: Tim Leach
		 	Title: Sole Director

 SIGNATURE PAGE TO LETTER
AGREEMENT 

 
			
	GOLDMAN SACHS ASSET MANAGEMENT, L.P.
		
	By:    	 	 /s/ Raanan Agus

		 	Name: Raanan Agus
		 	Title: Authorized Signatory

 SIGNATURE PAGE TO LETTER
AGREEMENT 

 Acknowledged and agreed as of July 5, 2022 

OFFICE OF THE CHIEF INVESTMENT OFFICER OF
THE REGENTS OF THE UNIVERSITY OF CALIFORNIA 
  

			
		
	By:	 	 /s/ Jagdeep Singh Bachher

			
	Name:	 	 Jagdeep Singh Bachher

	Title:	 	 Chief Investment Officer

 SIGNATURE PAGE TO LETTER AGREEMENT

 Exhibit A 

Board Observer Confidentiality Agreement 

 Exhibit B 

Registration Rights Agreement 

 Exhibit C 

California Ethical Guidelines

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