SPI Energy S.A.´s US$ 135,000,000 Senior Secured Notes

Counsel to Banco de Servicios y Transacciones S.A., Banco de la Provincia de Buenos Aires and Banco Supervielle S.A. as arrangers and placement agents, and to Allaria Ledesma & Cia. S.A., Puente Hnos. S.A., Facimex Valores S.A., Industrial Valores S.A., Balanz Capital Valores S.A.U., Adcap Securities Argentina S.A., Banco Mariva S.A., Supervielle Agente de Negociación S.A.U., and TPCG Valores S.A.U. as placement agents, in the issuance of two series of U.S. Dollar-Linked senior secured notes for an aggregate principal amount of US$135,000,000 comprising its 4.00% Class 1 Senior Secured Notes due 2026, for an aggregate principal amount of US$33,499,900, and 6.75% Class 2 Senior Secured Notes due 2032, for an aggregate principal amount of US$101,500,100 (the “Notes”). The Notes are secured with first priority liens on SPI Energy’s rights under the project, including the combined cycle PPA with CAMMESA, and the project’s EPC contract and equipment.

Banco de Servicios y Transacciones S.A., Banco de la Provincia de Buenos Aires and Banco Supervielle S.A. acted as arrangers and placement agents, and Allaria Ledesma & Cia. S.A., Puente Hnos. S.A., Facimex Valores S.A., Industrial Valores S.A., Balanz Capital Valores S.A.U., Adcap Securities Argentina S.A., Banco Mariva S.A., Supervielle Agente de Negociación S.A.U., y TPCG Valores S.A.U. acted as placement agents for the Notes.