Viridian Group PLC

Investment - Viridian Group PLC

Issue Type - Equity

Transaction - Acquire Viridian

Country - Northern Ireland

Industry - Electricity / Utility

Currency - Sterling Pounds (“GBP”)

Investment Size - GBP 249,500,000/-

Offer Value - 21,512,795 shares at GBP 11.60 per share

Minimum Subscription - GBP 500,000 and in multiples of GBP 100,000 thereafter

Issue Period - Five to seven years

Expected IRR - The projected IRR is 11% inclusive of annual cash yield with semi annual distribution. The projected quarterly cash yield is 10.50%

The Offering - An indirect equity ownership in Viridian. Viridian is an electricity utility company in Northern Ireland and is listed on the London and Dublin Stock exchanges.

Terms of the Offering - Following the completion of the offering, investors will directly hold 40.6% common stock interest in ElectricInvest Funding Limited (“HoldCo.”), and the Arcapita Group will hold the balance of 59.4%.

HoldCo. will indirectly own Viridian through a number of investment vehicles. The last of these investment vehicles is ElectricInvest Acquisitions Limited (“Bidco”), which directly owns 100% of Viridian.

Viridian - Viridian Group PLC was founded in 1998 in Northern Ireland and owns Northern Ireland Electricity Viridian Power & Energy and Powerteam. The three subsidiaries provide various activities including transmission of electricity to around 775,000 homes and businesses, supply electricity to competitive commercial electricity markets and provide specialist power utility contracting services.

The Role of Capital Management House - Capital Management House acts as a placement agent to the Viridian Group PLC.