Uras Energy Holdings Inc. (Headquarters: Chiyoda-ku, Tokyo; President: Tetsuya Suwabe; hereinafter "the Company") will participate in its third solar power plant IPP (Independent Power Producer) project in the Republic of Tunisia (hereinafter "Tunisia") through its joint venture company AEOLUS SAS (hereinafter "Aeolus") with France's CFAO SAS. This project involves the construction, ownership, and operation of the solar power plant "Sidi Bouzid II Solar Plant" (Grid connection capacity: 100,000 kW / 120,000 kWp*1) in the Sidi Bouzid Governorate of Tunisia. The project will be promoted through a project company in which Aeolus and Norway's renewable energy developer Scatec ASA (hereinafter "Scatec") will each hold a 50% stake. Commercial operation is scheduled to commence in the latter half of 2027, and electricity will be supplied based on a 25-year power purchase agreement with the Tunisian Company of Electricity and Gas (STEG). Financing for the total project cost of approximately 96 million euros will be secured through project finance, including loans from the European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB). This project also receives support from the European Union (EU). In addition to the application of the "European Fund for Sustainable Development Plus (EFSD+) Guarantee Scheme" for the loans, a subsidy of 5.5 million euros will be provided from the "Neighbourhood Investment Platform (NIP)" for related transmission infrastructure. Furthermore, this project has been selected for the FY2024 "Financing Program for JCM Projects (Equipment Subsidies)" implemented by the Ministry of the Environment. Aeolus also receives investment insurance for its equity stake from the Multilateral Investment Guarantee Agency (MIGA)*3. Through Aeolus, the Company has previously promoted two solar power plant projects in Tunisia (totaling 100,000 kW): "Sidi Bouzid Mezzouna PV Power" and "Tozeur PV Power." Upon completion of this projec