RICAURTE ENERGY CAPITAL LLC

I would like to present this project finance proposal for our client, a leading South African company in the waste-to-energy sector. This is a comprehensive summary of the expansion project for a Plastic Pyrolysis Oil (PPO) facility, including the financial requirements, risk mitigation strategies, and the robust collateral offered. We believe this project represents a highly secure and promising investment opportunity, and we look forward to the possibility of a productive partnership. Project Finance Proposal – Plastic Pyrolysis Oil Facility Borrower: Confidential Location: South Africa Purpose: Expansion of capacity to process post-consumer plastic waste into Plastic Pyrolysis Oil (PPO). PPO is sold under existing offtake agreements to steam crackers for circular plastics production. The facility is fully permitted, located on company-owned land, and designed for long-term resilience. Transaction Overview Facility Requested: USD 60,000,000 Structure: Secured term loan with staged drawdowns Tenor: 5+ years Repayment: Standard amortization with an early repayment option required Use of Proceeds: 100% allocated to equipment procurement and installation after fees. Collateral: First lien over all new equipment financed by the loan Existing plant and current assets offered as additional security Existing Debt: None