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PROOF OF FUNDS

DATA : 16 FEB 2023


FROM : KOREA
BANK NAME : KUKMIN BANK
BANK ADDRESS : 26, Gukjegeumyung-ro 8-gil, Yeongdeungpo-gu, Seoul,
Republic of Korea
BANK OFFICER: Si Hyuk Heo
SWIFT CODE : CZNBKRSE
ACCOUNT NUMBER : 180614-01-118XXX
ACCOUNT NAME : KPFI CO.Ltd

TO. MR. REGENT OF WEST BANDUNG REGENCY OR WHOMITMYCONCERN

At the request of its client, KPI Investment Co., Ltd., Woori Kukmin
Bank reviewed the project preparation stage together to help attract
investment.
Therefore, we are ready to commit and provide full investment support.
Our responsibility is to generate revenue from the achievements of the
Indonesia Floating Solar Project, fund KPFI, complete the construction
during the project, serve the people of Bandung through project
development, and to help minimize carbon emissions through Bandung
renewable energy.
Chirata Solar, a 150MW lake in Bandung, has promised and prepared to
participate in the equity project with USD 120 million to carry out
the entire project and USD 300 million, or 20% of its equity capital.
Investment in floating solar projects in Indonesia is carried out by
the KPFI and works with PT BUMD and PT AAAAPM regional partners.
The supported business funds are funds raised by domestic energy
companies for renewable investment and energy projects by domestic
companies, and funds from transparent and crime-free financial
resources can be used under the following conditions.
It can be used to execute funds for the development of solar power
businesses at home and abroad and to develop and operate renewable
energy businesses by utilizing $120 million in funds.
Furthermore, Woori Kookmin Bank has completed the KPFI agreement and
decided to use it as an investment fund to finance Indonesia's
renewable energy business for carbon neutrality.
The progress of the Bandung floating solar 150MW project was also
confirmed through FS data.
If you need to confirm the funds mentioned above, please contact us.
Feel free to use it.
Kukmin Bank is a reliable business partner of KPFI Indonesia's
renewable energy.

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