Current Projects – META Corporation

Business Overview

Asia 4 (Copy)

Thailand

Thailand
Project	Accumulated EPC project value of THB 650 mm per annum
Status	Operation
Role	EPC

Japan
Project	24.00MW Energy Fund in Japan
Status	Deposit to be made in March, 2017, COD 2H 2018
Role	Owner (up to 40%)
Location	Japan
Tariff / PPA Term	JPY 32-36 per kWh/20 Years
Equity IRR	9% - 12% (9% on ramp up period)
Equity Investment	USD 10.50 mm (Proceed from divestment of the 2 Japanese Plants)

Philippines
Project	25.00MW Biliran Solar Power Plant (Under Contract Revision by Owner)
Status	Under Construction
Role	Off-shore EPC
Location	Biliran Province, Eastern Visayas Region, Philippines
Scope of Work	Off-shore Contractor
Construction Timeline	Expected Start date: August 2016 Expected Completion: Within 2019
Expected Revenue	USD 1.29 mm per MW or equal to USD 32.22 mm
Operation Margin (%)	~8.00%

Myanmar
Project	220.00MW Minbu Solar Power Plant
Status	Under Construction
Role	Turn-key EPC
Location	Minbu District, Magway Region, Myanmar
Scope of Work	Turn-key EPC Contractor
Construction Timeline	Expected Start date: September 2016 Expected Completion: July 2021
Expected Revenue	USD 1.285 mm per MW or equal to USD 282.70 mm
Operation Margin (%)	~7.00%

Japan
Project	25.00MW Saga Biomass Power Plant
Status	Deposit to be made in April, 2016, Pre-Construction, Permits fully obtained, COD 2019
Role	Owner (40%)
Location	Karasu City, Saga Prefecture, Japan
Tariff / PPA Term	JPY 32-36 per kWh/20 Years
Equity IRR	9% - 12% (9% on ramp up period)
Equity Investment	USD 10.50 mm (Proceed from divestment of the 2 Japanese Plants)

Thailand
Project	1.267MW V.O Net Biodesel Asia Solar Power Plants
Status	COD
Role	Owner
Location	Kalasin, Thailand
Tariff / PPA Term	Based electricity price + adder of THB 6.50
Equity IRR	11 %

Myanmar
Project	220.00MW Minbu Solar Power Plant (12%)
Status	Construction (COD first 50MW in April, 2018)
Role	Owner
Location	Minbu District, Magway Region, Myanmar
Tariff / PPA Term	USD 0.1275 / 30 Years with extension option
Equity IRR	8% - 9 %

We are expanding our footprint on a regional scale

Southeast Asia has high potential business opportunities in large part because energy demand is expected to grow strongly. In particular, Myanmar, having an abundance of natural sources, can emerge as a leading player for renewable energy development. However, to balance the Company’s investment exposure, the Company has also diversified its portfolio by investing in Japan.

● EPC Projects
● META’s own projects

Business Overview

Thailand

We are expanding our footprint on a regional scale

Click any pointers on the map to see our current project information