Page 11 - V4.7 Share Offer Document FINAL

FINANCIAL PERFORMANCE

Following a detailed review of the financial models, based on the actual performance
up to July 2018, and advice from our technical and financial experts, the Awesome

Board present this cautious but realistic financial projection. It is the Board's belief that
the numbers presented in the Share Offer err on the side of caution as, whilst they
assume the ability to export all the electricity generated, the generation numbers are
based on the mid-point (P50) of the potential generation curves. More detailed
analysis can be found in the Business Plan on the website.

The business plan uses actual generation revenue and actual costs to end July 2018.
Thereafter, generation is based on a Seasonally Adjusted Forecast using Low Flow Data
P50 generation for the remainder of 2017/18. Prices and costs in 2018/19 reflect agreed
contracts, thereafter Grid Revenue, Feed-in-Tariffs and costs increase by 2% per
annum throughout the financial model.

INCOME: Based on an export capacity of 350kW, generating 1,147MWh p.a. the scheme
will earn £158,359 in 2018 and £238,357 in 2019. This figure increases by 2% per annum
in the financial model. A total of £5.7m is generated over the FiT period (20 years), with
£1.9m for community benefit.

These figures assume that Share Equity reduces the loan debt by £450,000.

Page 11 Awesome Energy (Dalriada) Ltd
Community Benefit Society No: 7240