ThomasLloyd announced today that its investee company SolarArise India Projects 
Private Limited ("SolarArise") has issued the first part of a Notice to Proceed 
("NTP") to Jakson Limited to commence the construction at its new 75 MW Solar 
PV Plant in Uttar Pradesh.

SolarArise has awarded the engineering, procurement and construction ("EPC") 
contract to Jakson. The EPC contractor will initially finalise the design and 
layout of the switchyard at the project site and then mobilise manpower to 
commence construction activities. Current activities include soil testing, 
topography, transmission route survey and electrical resistivity testing.

For the 75 MW project, SolarArise has executed project debt financing documents 
with Power Finance Corporation Limited, a Government of India Undertaking and 
India's largest power sector lender. 

The Company has also signed the module supply contract with JA solar for the 
supply of mono PERC modules.

About SolarArise India Projects Private Limited 
SolarArise is an Indian focused project developer which develops, owns and 
operates grid-connected solar PV projects in India. Other shareholders besides 
ThomasLloyd are the Global Efficiency and Renewable Energy Fund (GEEREF), 
advised by the European Investment Bank Group, the Core Infrastructure India 
Fund (CIIF), managed by Kotak Mahindra Bank, and the founding team. Further 
information can be found at: www.solararise.com

About ThomasLloyd Group
ThomasLloyd is a global investment and advisory firm dedicated to leading the 
necessary process for social and environmental change, focusing exclusively on 
the financing, construction and operation of sustainable projects in the 
infrastructure, agriculture and property sectors. The range of services 
comprises products and services through the entire value chain of these 
sectors. In addition to the structuring, placement and management of impact 
investing solutions, they include consulting and financing of projects and 
companies, as well as digital financial services, particularly in investment 
brokerage, investment advisory and asset management. Founded in 2003, 
ThomasLloyd is now one of the world's leading impact investors and providers of 
climate financing. Headquartered in Zurich and with over 250 employees in 17 
locations in North America, Europe and Asia, the company currently manages 
assets of over 3.5 billion Euros for more than 60,000 private and institutional 
investors. Further information can be found at: www.thomas-lloyd.com

For further information, contact: 
ThomasLloyd Group 
Press/Communication 
Phone: +49(0)89-599-890-313 
Fax: +49(0)89-599-890-323 
public.relations@thomas-lloyd.com 
www.thomas-lloyd.com

Source: ThomasLloyd Global Asset Management GmbH