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Delivered Electronically SIEMENS Energy “marmtey Fes Tasers T5974 14 November 5, 2012 SD-L-SEI-TCH-0090 CNS#: 0301 Termochilca S.A.C. Av, La Encalada 1388 Off. 601 Santiago de Surco Lima 33, Pera Attn: Ms. Carmen Tatiana Alegre Chalco Gerente General Re: Lump Sum, Turnkey, Engineering, Procurement and Construction Contract, dated as of March 24th, 2011 and any subsequent amendments ("Contract’) between TERMOCHILCA S.A.C. (‘Owner’), Scotiabank Peru S.A.A. (‘Bank’) and Siemens Energy Inc. (‘Contractor’) for Phase 1 of the Santo Domingo de los Olleros Power Project Subject: Certification of Completion, Offshore Work Payment Milestone 7. Site Mobilization Dear Ms. Alegre: Contractor hereby certifies completion of Offshore Work Payment Miles! = Site Mobilization_in accordance with terms of the Contract and Appendix F-1, Offshore Work Milestone Payment Schedule. ‘The following documents are provided: 1. Application for Offshore Work Milestone Payment in the form of Appendix F-1 Exhibit A with a value of nine (7) percent of the Offshore Work Contract Price, in the amount of Four Million Five Hundred Seventy Six Thousand Four Hundred Sixty and Zero cents (USS $4,576,460.00). Solely for the purpose of calculating Contractor Taxes in accordance with Section 2.2.7.1 of the Contract, Contractor deciares that Milestone 7 includes US$956,596.00 in Offshore Engineering Work Price and USS 3,619,864.00 in Offshore Procurement Work Price. 2. Supplement to Appendix F-1 Exhibit A with the status of payments to date. Partial Lien Waiver in the form of Appendix L-1 4. Copy of Site Turnover Notice. Through this letter, and in accordance with section 5.1.4 (c) of the Contract, Contractor represents that: (the quality of all Work described in the Application for Payment is in accordance with the terms of this Agreement; (i) all Work described in such Application for Payment has been fully completed or performed in accordance with the Agreement and Contractor is entitled to payment in the amount of the Application for Payment; (ii) each of the representations and warranties made by Contractor in Article 15 were true and correct when made and remain true and correct as of the date of such Application for Payment; and. (iv) all undisputed amounts due to any employee of Contractor, including salary and benefits, have been paid according with Applicable Laws and no claims have been filed or made against Contractor for any such undisputed amounts. Siemens Ener, Ine. 4400 Alatya Tai, Delivered Electronically SIEMENS Cone by Fe Tracing #79 S749 ST 6 ‘SD-L-SEI-TCH-0090 CNS#: 0301 Capitalized terms used and not otherwise defined herein have the meanings given to them in the Lump Sum, Turkey, Engineering, Procurement and Construction Contract dated as of March 24, 2011 between Owner and Contractor. If you have any questions, please do not hesitate to contact me. Sine eS Richard G. Marron, PMP General Project Manager ‘Attachment: (4 Pages) Electronic Delivery ‘Carmen Tatiana Alegre Chalco mailto: taleqre@termoctilca.com José Antonio Zolla ‘mailto: olla@termochiica.com Jorge Mendoza Mujica 9: mendozafaermochiica.com Mytko Flores: ‘milores@termochilca.com Document Control ‘mail to: documentcontrol@termochilca.com

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