Your Energy Consultant for a Sustainable World

March, 2020FacingTomorrow.

20 Years of WorldwideConsultancy Experience…

Mercados Energéticos

Mercados EMI

AF Mercados EMI

+ AF Aries

We are a consultancy in the Energy and Resources sector that haveconsolidated and incorporated experience and know-how from1,500 projects over 120 countries to better serve our clients

• We are independent what allows us to be unique, brave and decided.

• We have the necessary experience toproduce excellent outputs that help ourclients to reach their objectives with state-of-the-art solutions.

• We are strongly committed with the visionof an ethical and social sustainable worldwhat provides our work with a deeplyhuman and optimistic approach.

Our Value Proposition

• Future starts today

• We comply with what we say and believe

• We like a sustainable world with equalopportunities for all

• We are close to our clients no matter how farthey are

• We believe in good work

Our Commitment

At a glance…

Average Annual Revenue

11m€

More than 2,000GW

Renewables Supported

Committedwith Social and Gender Equality

Member of Spanish

Renewables Association

Experience in more than 120 Countries and 5

Continents

Founded in1999

Certified ISO 9001, 14000 and 18000

More than 1,500 projects

references

More than 100 highly skilled professionals

Supporting theEnergy Transition

Renewablesand Sustainability

CrossCapacity Building

Networks & Storage

Policy and Regulation

Enabling Framework &

Financial Resources

Ensuring Efficient

Infrastructure

Sustainable Generation

Increasing Human &

Institutions Capacity

Covering all Approaches Supporting the Project Cycle

Regulatory Framework

Studies and Analysis

TransactionsSupport

Development of Infrastructure

Operation & Maintenance

Policy, Regulation & Strategy

Networks & Storage

Renewables & Sustainability

Our Core Services

Regulation Development

•Power sector restructuring & Unbundling (inc.Legislation)

•Econ & tech. regulation (including Tariff Design)

Economical Studies & Analysis

•Master Planning•Forecasting

Transaction Advisory

• Renewable Auctions Preparation• Financial and

Regulatory Due Diligence.

•PPP Design & Contracts

Infrastructure Financing Advisory

•Equity & Project Finance Structuring

•Sustainable Financing Facilities

•RE & EE promotion policies and projects

Retainers and Capacity Building

•Regulatory Retainers•Financial Recovery

Plans for Utilities• Capacity Building

Programs

Mercados – Aries International advisory enables the analysis and development of a fair and suitable framework for the development of the markets and transactions.

Energy transition requires strong improvement of the regulatory framework and strategic decisions to maximize the benefits of the new energy paradigms.

Policy, Regulation and Strategy

Technical Studies & Regulation

• Power System Studies• Utilities Business Digit.

& Optimization• Tech Codes• Tariffs technical

Studies

Rural Electrification & Storage

• Rural Electrification• Densification• Energy Storage

Planning & Definition

Transaction Advisory Technical Support

• Technical Due Diligence• CAPEX and OPEX long

term estimation

Smart Development

• Feasibility Studies• Tendering and

Contracting Support• Implementation

Consultant (OE, EPCM, FIDIC, etc)

• Project’s Verification

Operation & Maintenance

• Loss Reduction Planning and Support

• Management Contracts of Utilities

• Capacity Building Programs

Mercados – Aries International advisory supports clients to develop a Network and Storage infrastructure to facilitate the necessary platform between generation and consumption. From basic projects to facilitate the access to the grid to modern Storage and Smart Grids projects our experts can provide the necessary knowledge and support across the globe.

Networks and Storage

Technical Renewable Studies

• Solar Resource Assessment• Wind Resource Assessment• Social and Environmental

Impact Assessment

Transaction Advisory Technical Support

• Energy Yield Assessments• Technical Due Diligence• Site prospecting, licensing &

permitting

Development of Infrastructures

• Implementation Consultant (OE, EPCM, FIDIC, etc)

• Lender Technical Advisor• E&S Monitoring

Operation & Maintenance

• Assets Management• O&M Supervision• SCADA for Solar Plants• Capacity Building Programs

Mercados – Aries International advisory supports clients to develop all kind of Renewable generation plants, in particular Solar and Wind. Our team of skilled experts can provide inputs and solutions to all the necessary stages in the development of the plants.

Likewise, our team of Environmental and Social aspects ensures that all the developments are fully compliant with the most demanding international standards.

Renewables and Sustainability

Our Solutions

MERUM, to optimize your OPEX and CAPEX

ORDENA®, to forecast long term dispatching and

market prices

Spatial Load Forecasting, to estimate networks

geospatial development.

SCADA, to monitor your PV plants.

SUNCASTER, to estimate the radiation for your PV

Plant

For 15 years, Mercados Aries International has developed a number of solutions to supportthe development of consultancyprojects.

Currently, they have becomestand-alone products with theirown personality and whose valueis recognized by our Clients.

Investors, Industrial Clientsand Private Companies

Utilities, Energy Corporationsand AssociationsIFIs and International Donors

Government Agencies, Energy Regulators and International Bodies

Our Clients may speak for us…

Some Relevant References…

Réforme du secteur en Tunisie'TUNEREP'. AMI in Tajikistan. OE PV 100MW Uzbekistan Renewables Auctions in

Mongolia Hybridizing CSP Masdar

1MWh Battery Design, Proc. and Impl. Cape Verde OE Floating PV EVN Vietnam FS of PV Plant in Bosnia &

HerzegovinaPumped Storage Hydel–Northern Macedonia

PIC TL & Wholesale Metering. Tajikistan

More info at:www.mercadosaries.comcontact@mercadosaries.com

Thank you.