Info Report Check
Submission incomplete:
1: The DOE is requested to confirm the accuracy of the financial calculations carried out for the investment analysis as per VVM v 1.2 paragraph 114 (c).
The DOE shall explain how it has validated that the project activity is 100% financed by equity. If the project is not 100% financed by the equity, please provide the information on the financing structure of the project activity, including the debt/equity ratio and the interest rate of the debt applied.

2: The DOE is requested to include information on how it has validated the input values to the financial calculations as per VVM v 1.2 paragraph 114 (a).
(a) The DOE shall explain how it has validated the availability and validity of the assumed power tariffs at the time of investment decision given that the source of the assumed tariffs (Electricity Hedge Contract, signed on 7 October 2011) are dated after the investment decision (Directors Meeting Assuring Investment Commitment on El Arrayán Wind Farm Project , signed on 21 September 2011). In doing so, please also explain how it has validated the suitability of the assumed power tariffs as per VVM v 1.2 paragraph 111 (a) and (b).

(b) The DOE shall explain how it has validated the suitability of the assumed operational costs given that the reference used for cross checking (Renewable Energy Essentials from International Energy Agency) is same as the source of this assumed value. In doing so, please also explain how it has validated that the report from International Energy Agency is applicable in assuming the operational costs of the project activity in Chile. Further, the DOE shall explain how it has validated the applicablity and suitability of the assumed transmission tax, Land owners fees and municipal license.