SunEdison, EBRD and OPIC Close $50 Million Project Financing Arrangement for one of the Largest Solar Power Plants in Jordan - Seite 3
Forward-Looking Statements
Certain matters discussed in this press release are forward-looking statements, including that construction will begin in Q4 2014 and interconnection is
expected to take place Q3 of 2015; the solar photovoltaic (PV) plant will sell electricity to the Jordanian National Electric Power Company (NEPCO) under a 20-year power purchase agreement (PPA);
the project will cover an area of approximately 50 hectares and will feature SunEdison 330 monocrystalline modules and the AP90 Single Axis tracker; and on an annual basis, the system is expected
to generate approximately 57,000 megawatt hours (MWH) of electricity, saving the emission of 35.000 tons of CO2. Such statements involve certain risks and uncertainties that could cause actual
results to differ materially from those in the forward-looking statements. Potential risks and uncertainties include delays or interruptions in construction of power plants; the timely availability
of required permits and authorizations for projects from governmental entities and third parties; changes in applicable regulatory requirements and incentives for production of solar power; and
other risks described in the company's filings with the Securities and Exchange Commission. These forward-looking statements represent the company's judgment as of the date of this press release.
The company disclaims, however, any intent or obligation to update these forward-looking statements.