Risk Management

Operating risk: low EBITDA exposure to merchant risk

Operating risk: low EBITDA exposure to merchant risk

Operating risk: low EBITDA exposure to merchant risk

Operating risk: renewables growth already significantly addressed

Operating risk: renewables growth already significantly addressed

Operating risk: renewables growth already significantly addressed

1. It includes managed capacity

2. As of September 2018

3. Includes 2019-2021 CODs only