EX-10.27S-4·CIK 2136853·0001628280-26-055300

EX-10.27

View original filing on SEC EDGAR → ·  seen Aug 10, 2026, 16:46 EDT

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FILING DETAILS

Filer
MN8 Energy Holdings LLC
Filed
Aug 10, 2026
SEC file no.
333-298194
State of inc.
DE
Location
NEW YORK, NY

Exhibit 10.27

CONSENTANDTHIRDOMNIBUSAMENDMENT

ThisCONSENTANDTHIRDOMNIBUSAMENDMENT(the“Amendment”),datedas of November 3, 2025, is executed by Natixis, New York Branch, in its capacity as the administrative agent for the Lenders (as defined below) (together with its successors, designees andassignsinsuchcapacity,“AdministrativeAgent”),Natixis,NewYorkBranch,initscapacity asthe collateralagentfor theSecured Parties (together withitssuccessors, designees and assigns in such capacity, “Collateral Agent”), U.S. Bank National Association, in its capacity as the depositary (together with its successors, designees and assigns in such capacity, “Depositary”), MN8DevCo3LLC,aDelawarelimitedliabilitycompany(the“DevcoBorrower”),MN8FMG Class B LLC, a Delaware limited liability company (the “Opco Borrower 1”), MN8 Bleeker 2 LLC,aDelawarelimitedliabilitycompany,(the“OpcoBorrower2”,andtogetherwiththeDevco Borrower and the Opco Borrower 1, the “Borrowers”), American Beech Solar LLC, a North Carolinalimited liability company (the“American Beech Project Company”), American Beech Solar Holdings LLC, a Delaware limited liability company (the “American Beech TE Partnership”),BluebirdSolarLLC,aKentuckylimitedliabilitycompany(the“BluebirdProject Company”),BluebirdSolarInvestmentsLLC,aKentuckylimitedliabilitycompany(“Bluebird Solar Investments”), Prairie BX LLC, a Delaware limited liability company (the “Prairie TE Partnership”), Prairie Solar Holdings LLC, a Delaware limited liability company (“Prairie Solar Holdings”), Prairie Solar 1, LLC, a Delaware limited liability company (the “Prairie Project Company”) MN8 FMG LLC, a Delaware limited liability company (the “Bluebird TE Partnership”),AmericanBeechClassBLLC,aDelawarelimitedliabilitycompany(the“Class BMember(AmericanBeech)”)andPrairieClassBLLC,aDelawarelimitedliabilitycompany (the “Class B Member (Prairie)”, and collectively with the Borrowers, American Beech Project Company, American Beech TE Partnership, Bluebird Project Company, Bluebird Solar Investments, Prairie TE Partnership, Prairie Project Company, the Bluebird TE Partnership and Class B Member (American Beech), the “Borrower Entities”), MN8 Energy LLC, a Delaware limited liability company (the “Sponsor”), and the Lenders party hereto.Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the Credit Agreement (as defined below).

RECITALS

A.    WHEREAS,theBorrowershaveenteredintothat certainCreditAgreement,dated asofDecember31,2024,asamendedbythatcertainFirstAmendmenttoCreditAgreement,dated asofMay6,2025,thatcertainSecondAmendmenttoCreditAgreement,datedJune12,2025,that certain Consent and Omnibus Amendment, dated as of June 13, 2025, that certain Consent and Amendment, dated as of June 23, 2025, that certain Release, Joinder, Consent and Fifth Amendment, dated as of July 9, 2025, that certain Consent and Second Omnibus Amendment, datedasofAugust27,2025,thatcertainSeventhAmendmentandConsenttoCreditAgreement, datedasofSeptember2,2025,andthatcertainWaiverNumber2andEighthAmendmenttoCredit Agreement, dated as of October 14, 2025 (the “Existing Credit Agreement” and the Existing CreditAgreement,asamendedbythisAmendmentandasmaybefurtheramended,amendedand restated,modifiedorsupplementedfromtimetotime,the“CreditAgreement”),withthefinancial institutions from time to time party thereto as lenders (the “Lenders”) and as issuers of letters of


credit,AdministrativeAgent,CollateralAgent,andtheotheragentsandpersonsfromtimetotime party thereto.

B.    WHEREAS, the Borrower Entities have entered into (i) that certain Amended and Restated Guaranty, Pledge and Security Agreement, dated as of July 9, 2025, as amended by that certain Consent and Second Omnibus Amendment, dated as of August 27, 2025 (the “Existing Security Agreement”) with the Collateral Agent and the other persons from time to time party thereto,and(ii)thatcertainAmendedandRestatedDepositaryAgreement,datedasofJuly9,2025 (the “Existing Depositary Agreement”).

C.    WHEREAS,theapplicableProjectGroupMemberswishtoenterinto(orcause their Affiliates to enter into) (i) that certain Purchase Agreement, by and between Devco Borrower and the Prairie TE Partnership, substantially in the form attached hereto as Exhibit A(the “Purchase Agreement”), (ii) that certain Amended and Restated Limited Liability Company Agreement of the Prairie TE Partnership, by and between LongPoint Prairie Class A LLC, a Delaware limited liability company (the “Tax Equity Investor”) and Class B Member (Prairie), substantiallyintheformattachedheretoasExhibitB(the“LLCA”),and(iii)thatcertainConsent andAgreement,byandamongTaxEquityInvestor,ClassBMember(Prairie),OpCoBorrower2, DevCo Borrower and the Collateral Agent, substantially in the form attached hereto as Exhibit C(the “Interparty Agreement”), (iv) that certain Membership Interest Assignment Agreement by and between Prairie BX LLC, a Delaware limited liability company, and the Devco Borrower, substantially in theform attached hereto as Exhibit D(the“MIAA”), (v)that certain Guaranty by Blackstone Green Private Credit Fund III-E AIV-3 LP, Blackstone Green Private Credit Fund III AIV-2A LP, Blackstone Green Private Credit Fund III-E Co-Invest AIV-1 LP, Blackstone BGREENIIICo-InvestmentFundCLP,andBXCBGREENIIIParallelCo-InvestFundSEIILP (eacha“BXEntity”andcollectively,the“BXEntities”),infavoroftheClassBMember(Prairie) (the“BXGuaranty”),(vi)thatcertainSponsorGuarantybyMN8EnergyLLC,aDelawarelimited liability company (the “Sponsor”), in favor of the Tax Equity Investor, substantially in the form attachedheretoasExhibitE(the“SponsorGuaranty”andtogetherwiththePurchaseAgreement, the LLCA, the Interparty Agreement, the MIAA and the BX Guaranty, the “Prairie Tax Equity Documents”).

D.    WHEREAS,Sponsorhas enteredintothatcertain EquityContributionAgreement with the Administrative Agent and Collateral Agent (the “Equity Contribution Agreement”).

E.    WHEREAS,inconnectionwiththeexecutionofthePrairieTaxEquityDocuments, the Borrowers wish to amend certain provisions of the Existing Credit Agreement.

F.    WHEREAS, following the execution of the Prairie Tax Equity Documents, the Borrowers wish to dissolve Prairie Solar Holdings.

G.    WHEREAS, pursuant to Section 7.24 and Section 8.18 of the Existing Credit Agreement the consent of all Lenders is required for the applicable Project Group Members to enter into the Prairie Tax Equity Documents.


H.    WHEREAS, subject to certain exceptions, Section 12.20 of the Existing Credit Agreement permits any provision of the Credit Documents to be amended or waived if such amendment or waiver is in writing and signed by the Borrower and the Required Lenders.

B.    WHEREAS, the Borrower Entities have entered into (i) that certain Amended and Restated Guaranty, Pledge and Security Agreement, dated as of July 9, 2025, as amended by that certain Consent and Second Omnibus Amendment, dated as of August 27, 2025 (the “Existing Security Agreement”) with the Collateral Agent and the other persons from time to time party thereto,and(ii)thatcertainAmendedandRestatedDepositaryAgreement,datedasofJuly9,2025 (the “Existing Depositary Agreement”).

C.    WHEREAS,theapplicableProjectGroupMemberswishtoenterinto(orcause their Affiliates to enter into) (i) that certain Purchase Agreement, by and between Devco Borrower and the Prairie TE Partnership, substantially in the form attached hereto as Exhibit A(the “Purchase Agreement”), (ii) that certain Amended and Restated Limited Liability Company Agreement of the Prairie TE Partnership, by and between LongPoint Prairie Class A LLC, a Delaware limited liability company (the “Tax Equity Investor”) and Class B Member (Prairie), substantiallyintheformattachedheretoasExhibitB(the“LLCA”),and(iii)thatcertainConsent andAgreement,byandamongTaxEquityInvestor,ClassBMember(Prairie),OpCoBorrower2, DevCo Borrower and the Collateral Agent, substantially in the form attached hereto as Exhibit C(the “Interparty Agreement”), (iv) that certain Membership Interest Assignment Agreement by and between Prairie BX LLC, a Delaware limited liability company, and the Devco Borrower, substantially in theform attached hereto as Exhibit D(the“MIAA”), (v)that certain Guaranty by Blackstone Green Private Credit Fund III-E AIV-3 LP, Blackstone Green Private Credit Fund III AIV-2A LP, Blackstone Green Private Credit Fund III-E Co-Invest AIV-1 LP, Blackstone BGREENIIICo-InvestmentFundCLP,andBXCBGREENIIIParallelCo-InvestFundSEIILP (eacha“BXEntity”andcollectively,the“BXEntities”),infavoroftheClassBMember(Prairie), substantially in the form attached hereto as Exhibit D-1(the“BXGuaranty”),(vi)thatcertainSponsorGuarantybyMN8EnergyLLC,aDelawarelimited liability company (the “Sponsor”), in favor of the Tax Equity Investor, substantially in the form attachedheretoasExhibitE(the“SponsorGuaranty”andtogetherwiththePurchaseAgreement, the LLCA, the Interparty Agreement, the MIAA and the BX Guaranty, the “Prairie Tax Equity Documents”).

D.    WHEREAS,Sponsorhas enteredintothatcertain EquityContributionAgreement with the Administrative Agent and Collateral Agent (the “Equity Contribution Agreement”).

E.    WHEREAS,inconnectionwiththeexecutionofthePrairieTaxEquityDocuments, the Borrowers wish to amend certain provisions of the Existing Credit Agreement.

F.    WHEREAS, following the execution of the Prairie Tax Equity Documents, the Borrowers wish to dissolve Prairie Solar Holdings.

G.    WHEREAS, pursuant to Section 7.24 and Section 8.18 of the Existing Credit Agreement the consent of all Lenders is required for the applicable Project Group Members to enter into the Prairie Tax Equity Documents.


H.    WHEREAS, subject to certain exceptions, Section 12.20 of the Existing Credit Agreement permits any provision of the Credit Documents to be amended or waived if such amendment or waiver is in writing and signed by the Borrower and the Required Lenders.

I.    WHEREAS, Section 7.02 of the Existing Security Agreement permits any provision of the Existing Security Agreement to be amended if such amendment is in writing and signed by the Borrower Entities and the Collateral Agent.

J.    WHEREAS, Section 8.4 of the Existing Depositary Agreement permits any provision of the Existing Depositary Agreement to be amended if such amendment is in writing and signed by the Borrowers, the Depositary, the Administrative Agent and the Collateral Agent.

K.    WHEREAS, the Borrowers request that (i) the Lenders consent to the execution and delivery by the parties thereto of the Prairie Tax Equity Documents on the Amendment Effective Date (ii) the Lenders, the Issuing Banks, the Administrative Agent and the Collateral Agent agree to amend the Existing Credit Agreement and the Existing Security Agreement as set forth below and (iii) the Lenders, the Issuing Banks, the Administrative Agent, the Depositary, and the Collateral Agent agree to amend the Existing Depositary Agreement as set forth below.

L.    WHEREAS,theundersignedLendersconstitutingallLendershaveagreedtosuch consentsandamendmentstotheExistingCreditAgreementandtheExistingSecurityAgreement, subject to the terms and conditions set forth herein.

NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by the parties hereto, the parties hereto agree as follows:

CONSENTANDAMENDMENT

1.    ConsentandAgreement.

(a)    Effective as of the Amendment Effective Date, the undersigned Lenders (constituting all Lenders) (i) consent to the applicable Project Group Members (and their Affiliates) entering into the Prairie Tax Equity Documents, (ii) approve the updated Base Case Model, and (iii) acknowledge that the dissolution of Prairie Solar Holdings (resulting in DevCo Borrower becoming the owner of 100% of any assets of Prairie Solar Holdings) constitutes a Permitted TE/TC Reorganization; provided that, Prairie Solar Holdings shall not be dissolved unless and until it has assigned all of its right, title and interest in the Tax Equity / Tax Credit Transfer Proceeds Account (as defined in the Depositary Agreement) to Prairie TE Partnership.

(b)    EffectiveasoftheAmendmentEffectiveDate,theBorrowers,theSponsor and the undersigned Lenders (constituting all Lenders) agree that (i) upon the execution of the Prairie Equity Documents, (x) the Tax Equity Effective Date under the Credit Agreement has occurred with respect to the Prairie Project and (y) without limitation of the definition of Tax EquityDocuments,thePrairieTaxEquityDocumentsshallconstituteTaxEquityDocumentswith respecttothePrairieProjectand(ii)theUpdated BaseCaseModelshallconstitutetheBaseCase


Model; providedthat, solely for purposes of the Equity Contribution Agreement, Tax Equity Documents shall be deemed not to have been executed with respect to the Prairie Project.

2.    Release.CollateralAgent(actingatthedirectionoftheSecuredParties)agreesthat, effectiveimmediatelyuponthedissolutionofPrairieSolarHoldingsanddeliverytotheCollateral Agent ofevidenceofsuch dissolution: (a)theCollateral Agent’s Lien on theCollateral ofPrairie SolarHoldingsundertheExistingSecurityAgreementshall,automaticallyandwithnofurther action by any Person, be terminated and released, (b) Prairie Solar Holdings shall be released from any and all of its obligations under the Existing Security Agreement, (c) the obligations of Prairie Solar Holdings under the Existing Security Agreement shall be terminated in full with no further action required by any party, and (d) Collateral Agent shall execute and deliver to the Devco Borrower, and authorize the filing by the Devco Borrower or any designee thereof of, any UCC terminationstatementsorotherfilingsnecessarytoterminateorrelease,asofrecord,anysecurity interestsandallnoticesofsecurityinterestsandlienspreviouslyfiledwithrespecttoPrairieSolar Holdings under the Credit Documents.

3.    Amendments and Joinder.Effective as of the Amendment Effective Date, the Borrower Entities, the Administrative Agent, the Collateral Agent, the Depositary (solely with respecttoSections3(f)and3(g)),theIssuingBanks,andtheundersignedLendersconstitutingall Lenders hereby agree as follows:

(a)    Schedule6.1(d)(ConsentstoCollateralAssignment)totheExistingCredit Agreement is hereby amended and restated in its entirety as set forth in Exhibit Fhereto.

(b)    Section 1.1 (Definitions) to the Existing Credit Agreement is hereby amended by adding the following definitions alphabetically therein:

“Prairie TE Partnership” means Prairie BX LLC, a Delaware limited liability company, which following the HoldCo Effective Date in connection with the PrairieProject,willownonehundredpercent(100%)oftheEquityInterestsinthe Prairie Project Company.

“PrairieTEPartnershipLLCA”meansthatcertainamendedandrestatedlimited liability company agreement of Prairie TE Partnership, dated as of November 3, 2025, by and between Prairie Class B LLC and LongPoint Prairie Class A, LLC.

(c)    Section 9.1 (Events of Default) to the Existing Credit Agreement is hereby amended by adding the following subsection therein:

(u) (Prairie – Inverter Blocks). Each Inverter Block composing the Prairie ProjecthasnotbeenPlacedinServiceforU.S.federalincometaxpurposes at least seventeen (17) days prior to January 1, 2026. For the purposes of thisSection9.1(u),capitalizedtermsusedbutnototherwisedefinedherein shallhavethemeaningsascribedtosuchtermsinthePrairieTEPartnership LLCA.


(d)    The Existing Credit Agreement is hereby amended by deleting the definition of “HoldCo (Prairie)” and replacing each reference to “HoldCo (Prairie)” with a reference to “the Prairie TE Partnership”.

(e)    The Existing Security Agreement is hereby amended to delete the stricken text (indicated textually in the same manner as the following example: stricken text) and to add the double-underlined text (indicated textually in the same manner as the following example: double-underlined text) as set forth in the pages of the Security Agreement attached as Exhibit Ghereto(theExistingSecurityAgreement,assoamendedandasmaybefurtheramended,amended and restated, modified or supplemented from time to time, the “Security Agreement”).

(f)    The Existing Depositary Agreement is hereby amended to delete the stricken text (indicated textually in the same manner as the following example: stricken text) and to add the double-underlined text (indicated textually in the same manner as the following example: double-underlined text) as set forth in the pages of the Depositary Agreement attached as Exhibit Hhereto (the Existing Depositary Agreement, as so amended and as may be further amended, amended and restated, modified or supplemented from time to time, the “Depositary Agreement”).

(g)    The Prairie TE Partnership hereby joins and accedes to the Depositary Agreement. The Prairie TE Partnership hereby agrees to be bound by all of the provisions of the DepositaryAgreement,andeffectiveasoftheAmendmentEffectiveDate,becomesapartytothe Depositary Agreement with the same effect as if it were an original signatory to the Depositary Agreement. From and after the Amendment Effective Date, the Prairie TE Partnership shall have therightsandobligationsofa“PrairieTEPartnership”undertheDepositaryAgreementandshall be bound by the provisions thereof. Each of the parties to the Depositary Agreement hereby consents and agrees to the joinder of the Prairie TE Partnership as a party to the Depositary Agreement.

4.    RepresentationsandWarranties. EachBorrowerEntityherebyrepresentsand warrants that:

(a)    NoDefaultorEventofDefaulthasoccurredandiscontinuingasofthedate hereof or would result from the execution, delivery of performance of the Amendment.

(b)    Each representation and warranty set forth in Article 5 of the Credit Agreement,inArticleIIIoftheSecurityAgreementandinArticleIIoftheDepositaryAgreement istrueandcorrectinallmaterialrespectsasoftheAmendmentEffectiveDate(or,ifstatedtohave beenmadeonorasofanearlierdate,weretrueandcorrectinallmaterialrespectsonorasofsuch earlierdate);providedthat,totheextentthatanysuchrepresentationsandwarrantiesarequalified bymateriality,suchrepresentationsandwarrantiesaretrueandcorrectinallrespectsonandasof the Amendment Effective Date (or, if stated to have been made on or as of an earlier date, were true and correct in all respects on or as of such earlier date).

(c)    Each Borrower Entity is duly organized and validly existing, has all requisitecorporate,limitedliabilitycompanyorpartnership(asapplicable)powerandauthorityto


execute,deliverandperformthisAmendment,theCreditAgreement,theSecurityAgreementand the Depositary Agreement.Each Borrower Entity is qualified to do business in, and is in good standing in, every jurisdiction where such qualification is required except where the failure to do so, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect.

(d)    Each of this Amendment, the Credit Agreement, the Security Agreement and the Depositary Agreement (a)has been duly authorized, executed and delivered by each Borrower Entity; and (b)when executed and delivered by each Borrower Entity and each of the other parties thereto will be the legal, valid and binding obligation of such Borrower Entity, enforceableagainstsuchBorrowerEntityinaccordancewithitsterms,exceptastheenforceability thereof may be limited by (i)applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforcement of creditors’ rights generally and (ii)general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law).

(e)    The execution, delivery and performance by each Borrower Entity of each ofthisAmendment,theCreditAgreement,theSecurityAgreementandtheDepositaryAgreement donotand,totheKnowledgeofsuchBorrowerEntity,willnot(a)violateanyApplicableLawor Governmental Approval in any material respect, (b)violate any provision of the Organizational Documents of such Borrower Entity, (c)violate or result in a material default under any material Project Document or material indenture, agreement or other instrument binding upon such BorrowerEntityorsuchBorrowerEntity’sassets,orgiverisetoarightthereundertorequireany materialpaymenttobemadebysuchBorrowerEntityor(d)exceptfortheLienscreatedpursuant to the Credit Documents, result in the creation or imposition of any Lien on any asset of such Borrower Entity.

5.    Effectiveness.This Amendment shall be effective on the date (the “Amendment Effective Date”) on which each of the following conditions shall have been satisfied to the satisfaction of the Administrative Agent and all the Lenders:

(a)    Receipt by the Administrative Agent of an executed counterpart of this Amendment from each of the Borrower Entities, the Sponsor, all Lenders, the Administrative Agent,theCollateralAgentandtheDepositary(whichmayincludeacopytransmittedbyfacsimile or PDF or other electronic method).

(b)    Delivery to the Administrative Agent of copies of certified true, complete and correct executed copies of the Prairie Tax Equity Documents substantially in the applicable forms attached hereto as Exhibit A, Exhibit B, Exhibit C, Exhibit Dand Exhibit E, all of which shall be in full force and effect on the Amendment Effective Date, as certified by the Borrowers.

(c)    Each of the “Execution Date” under and as defined in the Purchase Agreement and the LLCA shall have occurred, as certified by the Borrowers.

(d)    Delivery to the Administrative Agent of an officer’s certificate from each of the Borrowers, the Prairie Project Company, the Class B Member (Prairie) and PrairieTE


Partnership,datedasoftheAmendmentEffectiveDate,certifyingasto(A)eachentity’scertificate of good standing in its state of incorporation or formation, dated as of a recent date, (B) each entity’scertificateof formationandoperatingagreementas thenineffect, and(C) acertificate of another responsible officer as to the incumbency and specimen signature of the natural persons authorizedtoexecuteanddelivereachPrairieTaxEquityDocumenttowhichsuchentityisaparty and, with respect to the Borrowers, this Amendment.

(e)    Delivery to the Administrative Agent of a certificate of status, good standingorequivalent,asapplicable,forthejurisdictionofformationofeachBorrower,thePrairie ProjectCompany,theClassBMember(Prairie),PrairieTEPartnershipandtheTaxEquity Investor as of the Amendment Effective Date.

(f)    Deliverytothe AdministrativeAgentoftheCost Seg/AppraisalReport (as defined in the Purchase Agreement) in form and substance reasonably acceptable to the Administrative Agent and all Lenders.

(g)    Delivery to the Administrative Agent of an updated Base Case Model (the “UpdatedBaseCaseModel”),informandsubstancereasonablyacceptabletotheAdministrative Agent and all Lenders.

(h)    Delivery to the Administrative Agent of a cash diversion guaranty by the Sponsor in favor of the Administrative Agent for and on behalf of the Lenders, in form and substance satisfactory to all Lenders.

(i)    Delivery to the Collateral Agent of a Guarantor Supplement (as defined in the Security Agreement) by Prairie TE Partnership, substantially in the form of Annex 8 to the Security Agreement.

(j)    Delivery to the Collateral Agent of original physical membership interest certificatesandaccompanyingtransfersrepresenting(i)100%oftheClassBmembershipinterests in Prairie TE Partnership held by the Class B Member (Prairie) and (ii) 100% of the membership interests in Prairie Project Company held by the Prairie TE Partnership.

(k)    Delivery to the Administrative Agent of an officer’s certificate from each BX Entity and the Tax Equity Investor, dated as of the Amendment Effective Date, in form and substance reasonably acceptable to the Administrative Agent and all Lenders.

(l)    Paymentofallfees,costsandotherexpenses(includingallreasonablyout-of-pocketcosts,feesandexpenses(includinglegalexpenses))andallotheramountsthendueand payable by the Borrowers pursuant to the Credit Agreement.

(m)    TherepresentationsandwarrantiessetforthinSection3aretrueandcorrect in all material respects as of the Amendment Effective Date; provided that, to the extent that any such representations and warranties are qualified by materiality, such representations and warranties are true and correct in all respects on and as of the Amendment Effective Date.


(n)    NoDefaultorEventofDefaulthasoccurredandiscontinuingasofthedate hereof or would result from the execution, delivery and performance of this Amendment.

(o)    DeliverytotheAdministrativeAgentofthefollowingopinions,informand substance reasonably satisfactory to the Lenders: (i) a legal opinion of Holland & Knight LLP, addressing customary corporate and enforceability matters with respect to the Prairie Tax Equity Documents, (ii) a legal opinion of Croke Fairchild Duarte & Beres LLC with respect to Illinois stateenergyregulatoryandstateandlocalpermittingmatters,(iii)alegalopinionofMilbankLLP, as counsel to the Tax Equity Investor, addressing customary corporate and enforceability matters with respect to the BX Guaranty and the Interparty Agreement and (iv) a legal opinion of Morris James LLP, as Delaware counsel to the Class B Member (Prairie) addressing customary matters relatingtotheLLCA,which,ineachcase,willincludetheAdministrativeAgentasanaddressee.

(p)    Delivery to the Administrative Agent of the Title Policy and the then-current draft ALTA Survey (each as defined in the Purchase Agreement) in form and substance reasonably acceptable to the Administrative Agent and all Lenders.

6.    Reaffirmation of Security. Each Loan Party party hereto hereby (a) acknowledges and agrees that each of the Credit Documents to which it is a party or otherwise bound shall continueinfullforceandeffectandthatallofitspaymentobligations,guarantees,pledges,grants of security interests and other obligations, as applicable, under and subject to the terms of such Credit Documents shall be valid and enforceable and shall not be impaired or limited by the executionoreffectivenessofthisAmendmentoranyofthetransactionscontemplatedhereby and (b)confirmsthesecurityinterestsintheCollateralgrantedbyitpursuanttotheapplicableSecurity Documents in favor of the Collateral Agent for the benefit of the Secured Parties pursuant to the Security Documents.

7.    CreditDocument.ThisAmendmentconstitutesa“CreditDocument”forpurposes of the Credit Agreement. From and after the Amendment Effective Date, all references to the Credit Agreement in the Credit Documents shall be deemed to refer to the Credit Agreement as amended by this Amendment. From and after the Amendment Effective Date (i) all references to the Security Agreement in the Credit Documents shall be deemed to refer to the Security Agreement as amended by this Amendment, and (ii) all references to the Depositary Agreement intheCreditDocumentsshallbedeemedtorefertotheDepositaryAgreementasamendedbythis Amendment.

8.    Governing Law.This Amendment, and the rights and duties of the parties hereto, shall be construed and governed in accordance with the laws of the State of New York.

9.    Miscellaneous.Sections 12.27 (Governing Law), Sections 12.28 (Severability of Provisions), 12.35 (Limitation on Liability), 12.31 (Submission to Jurisdiction; Waiver of Jury Trial), 12.33 (Confidentiality) and 1.2 (Interpretation) of the Credit Agreement are hereby incorporated herein by reference, mutatis mutandis.


10.    Headings.AllheadingsinthisAmendmentareincludedonlyforconvenienceand easeofreferenceandshallnotbeconsideredintheconstructionandinterpretationofanyprovision hereof.

11.    Binding Nature and Effect.This Amendment shall be binding upon and inure to the benefit of each party hereto and their respective successors and permitted assigns.

12.    Counterparts.ThisAmendmentmaybeexecutedinmultiplecounterparts,eachof which shall be deemed an original for all purposes, but all of which together shall constitute one and the same instrument.

13.    Electronic Execution.This Amendment shall be valid, binding, and enforceable against a party only when executed and delivered by an authorized individual on behalf of the partybymeansof(i)anyelectronicsignaturepermittedbythefederalElectronicSignaturesin GlobalandNationalCommerceAct,stateenactmentsoftheUniformElectronicTransactionsAct, and/or any other relevant electronic signatures law, including relevant provisions of the UCC (collectively, “Signature Law”); (ii) an original manual signature; or (iii) a faxed, scanned, or photocopied manual signature.Each electronic signature or faxed, scanned, or photocopied manual signature shall for all purposes have the same validity, legal effect, and admissibility in evidence asan original manualsignature.Each partyheretoshallbe entitledtoconclusivelyrely upon, and shall have no liability with respect to, any faxed, scanned, or photocopied manual signature,orotherelectronicsignature,ofanypartyandshallhavenodutytoinvestigate,confirm or otherwise verify the validity or authenticity thereof.For avoidance of doubt, original manual signaturesshallbeusedforexecutionorindorsementofwritingswhenrequiredundertheUCCor other Signature Law due to the character or intended character of the writings.

14.    No Modification; No Other Matters.Except as expressly provided for herein, the terms and conditions of the Operative Documents shall continue unchanged and shall remain in fullforceandeffect.Theconsentandamendmentgrantedhereinshallapplysolelytothematters setforthhereinandtotheextentexpresslysetforthhereinandsuchconsentandamendmentshall not be deemed or construed as an amendment, waiver or consent of any other matters, nor shall such consent and amendment apply to any other matters.Except as expressly provided herein, nothing herein shall be construed as or deemed to be a waiver or consent by the Administrative Agent or any Lender of any past, present or future breach or non-compliance with any terms or provisions contained in any Credit Document, and nothing herein shall abrogate, prejudice, diminish or otherwise affect any powers, rights, remedies or obligations of any Person arising before the date of this Amendment.

15.    DirectiontoAdministrativeAgent.EachoftheundersignedLendersherebydirects the Administrative Agent to, on the Amendment Effective Date, execute this Amendment.The Administrative Agent shall have all of the rights, privileges and immunities afforded to it as Administrative Agent under the Credit Agreement.

16.    Direction to the Collateral Agent.Each of the undersigned Lenders and the Administrative Agent hereby directs the Collateral Agent to, on the Amendment Effective Date,


executethisAmendmentandtheInterpartyAgreement.TheCollateralAgentshallhaveallofthe rights, privileges and immunities afforded to it as Collateral Agent under the Credit Agreement.

[SIGNATUREPAGESTOFOLLOW]


INWITNESSWHEREOF,theundersigned,bytheirofficersthereuntodulyauthorized, have duly executed this Amendment as of the date first written above.

MN8 DEVCO 3 LLC
By: /s/ David Callen
Name: David Callen
Title:   Authorized Signatory
MN8 FMG CLASS B LLC
By: /s/ David Callen
Name: David Callen
Title:   Authorized Signatory
MN8 BLEEKER 2 LLC
By: /s/ David Callen
Name: David Callen
Title:   Authorized Signatory
AMERICAN BEECH SOLAR LLC
By: /s/ David Callen
Name: David Callen
Title:   Authorized Signatory
AMERICAN BEECH SOLAR HOLDINGS LLC
By: /s/ David Callen
Name: David Callen
Title:   Authorized Signatory

SIGNATURE PAGE TO MN8 CONSENT AND THIRD OMNIBUS AMENDMENT TO CREDIT AGREEMENT


BLUEBIRD SOLAR LLC
By: /s/ David Callen
Name: David Callen
Title:   Authorized Signatory
BLUEBIRD SOLAR INVESTMENTS LLC
By: /s/ David Callen
Name: David Callen
Title:   Authorized Signatory
PRAIRIE SOLAR HOLDINGS LLC
By: /s/ David Callen
Name: David Callen
Title:   Authorized Signatory
PRAIRIE SOLAR 1 LLC
By: /s/ David Callen
Name: David Callen
Title:   Authorized Signatory
MN8 FMG LLC
By: /s/ David Callen
Name: David Callen
Title:   Authorized Signatory

SIGNATURE PAGE TO MN8 CONSENT AND THIRD OMNIBUS AMENDMENT TO CREDIT AGREEMENT


AMERICAN BEECH CLASS B LLC
By: /s/ David Callen
Name: David Callen
Title:   Authorized Signatory
PRAIRIE CLASS B LLC
By: /s/ David Callen
Name: David Callen
Title:   Authorized Signatory
PRAIRIE BX LLC
By: /s/ David Callen
Name: David Callen
Title:   Authorized Signatory
MN8 ENERGY LLC
By: /s/ David Callen
Name: David Callen
Title:   Authorized Signatory

SIGNATURE PAGE TO MN8 CONSENT AND THIRD OMNIBUS AMENDMENT TO CREDIT AGREEMENT


NATIXIS, NEW YORK BRANCH,
as Administrative Agent
By: /s/ Daniel Fahey
Name:       Daniel Fahey
Title:         Director
By: /s/ Connie Moy
Name:       Connie Moy
Title:         Director

SIGNATURE PAGE TO MN8 CONSENT AND THIRD OMNIBUS AMENDMENT TO CREDIT AGREEMENT


NATIXIS, NEW YORK BRANCH,
as Collateral Agent
By: /s/ Daniel Fahey
Name:       Daniel Fahey
Title:         Director
By: /s/ Connie Moy
Name:       Connie Moy
Title:         Director

SIGNATURE PAGE TO MN8 CONSENT AND THIRD OMNIBUS AMENDMENT TO CREDIT AGREEMENT


NATIXIS, NEW YORK BRANCH,
as a Lender
By: /s/ James Kaiser
Name:  James Kaiser
Title:    Managing Director
By: /s/ Eva Cayrac
Name:  Eva Cayrac
Title:    Vice President

SIGNATURE PAGE TO MN8 CONSENT AND THIRD OMNIBUS AMENDMENT TO CREDIT AGREEMENT


HSBC BANK USA N.A.,
as a Lender
By: /s/ Karun Chopra
Name:  Karun Chopra: 23341
Title:    Director, HSBC Infrastructure Finance

SIGNATURE PAGE TO MN8 CONSENT AND THIRD OMNIBUS AMENDMENT TO CREDIT AGREEMENT


SOCIÉTÉ GÉNÉRALE,
as a Lender
By: /s/ Stephania Vasilieva
Name:  Stephania Vasilieva
Title:    Vice-President

SIGNATURE PAGE TO MN8 CONSENT AND THIRD OMNIBUS AMENDMENT TO CREDIT AGREEMENT


ZIONS BANCORPORATION,
as a Lender
By: /s/ Jack Scanlon
Name:  Jack Scanlon
Title:   Authorized Signatory

SIGNATURE PAGE TO MN8 CONSENT AND THIRD OMNIBUS AMENDMENT TO CREDIT AGREEMENT


TEXAS CAPITAL BANK,
as a Lender
By: /s/ Leila Z. Aloi
Name:  Leila Z. Aloi
Title:    Managing Director

SIGNATURE PAGE TO MN8 CONSENT AND THIRD OMNIBUS AMENDMENT TO CREDIT AGREEMENT


BANCO DE SABADELL, S.A. MIAMI BRANCH,
as a Lender
By: /s/ Enrique Castillo
Name:  Enrique Castillo
Title:    Head of Corporate Banking

SIGNATURE PAGE TO MN8 CONSENT AND THIRD OMNIBUS AMENDMENT TO CREDIT AGREEMENT


EXHIBIT A

PURCHASE AGREEMENT


PURCHASEAGREEMENT

byand between

MN8DEVCO3LLC,

aDelawarelimitedliabilitycompany,

as Seller,

and

PRAIRIEBXLLC,

aDelawarelimitedliabilitycompany

as Company

Datedasof November3,2025


TABLE OF CONTENTS

Page
ARTICLE 1 DEFINED TERMS 1
1.1 Defined Terms 1
1.2 Construction 19
ARTICLE 2 PURCHASE OF PROJECT 20
2.1 Purchase of Project 20
2.2 Completion of Project 22
2.3 Conditions Precedent to the Obligations to Purchase and Make MC Payment 23
2.4 Conditions Precedent to the Obligations to Make SC Payment 28
2.5 Conditions Precedent to Effectiveness 33
2.6 Site Access 35
ARTICLE 3 REPRESENTATIONS AND WARRANTIES 35
3.1 Representations and Warranties of Seller 35
3.2 Representations and Warranties of Company 46
3.3 No Other Seller Representations 47
ARTICLE 4 TERMINATION; INDEMNIFICATION 48
4.1 Termination 48
4.2 Procedure and Effect of Termination 48
4.3 Indemnification by Seller 49
4.4 ITC Loss 50
4.5 Duty to Mitigate 52
4.6 LIMITATION OF LIABILITY 52
4.7 Indemnification Procedures For Third-Party Claims 53
4.8 Indemnification Procedures For Non-Third-Party Claims 53
ARTICLE 5 DISPUTE RESOLUTION 54
5.1 Governing Law 54
5.2 SUBMISSION TO JURISDICTION; WAIVER OF JURY TRIAL 54
ARTICLE 6 GOOD FAITH NEGOTIATIONS; FORCE MAJEURE 54
6.1 Good Faith Negotiations 54
6.2 Force Majeure 54

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PURCHASE AGREEMENT (PRAIRIE BX LLC)


TABLE OF CONTENTS

(continued)

Page
ARTICLE 7 GENERAL PROVISIONS 55
7.1 Exhibits and Schedules 55
7.2 No Partnership 55
7.3 Notices 55
7.4 Amendment, Modification and Waiver 57
7.5 Rights and Remedies 57
7.6 Severability 57
7.7 Entire Agreement 57
7.8 Counterparts 57
7.9 Parties in Interest; Survival 57
7.10 Assignment 58
7.11 Public Announcements 58
7.12 Confidential Information 58
7.13 Disclosure 59

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PURCHASE AGREEMENT (PRAIRIE BX LLC)


Schedules, Exhibits and Annexes

Schedule 1 Knowledge Individuals
Schedule 3.1(g) Major Project Contracts
Schedule 3.1(k) Permits
Schedule 3.1(p) Environmental Matters
Schedule 3.1(u) Taxes
Exhibit A Form of Purchase Date Notice
Exhibit B Form of SC Payment Date Notice
Exhibit C Form of Membership Interest Assignment Agreement
Exhibit D Insurance Requirements
Exhibit E [Reserved]
Exhibit F-1 Form of Beginning of Construction Certificate
Exhibit F-2 Form of Beginning of Construction Bring-Down Certificate
Exhibit G-1 [Reserved]
Exhibit G-2 [Reserved]
Exhibit H-1 Form of Energy Community Certificate
Exhibit H-2 Form of Energy Community Bring-Down Certificate
Exhibit I-1 Form of Independent Engineer’s MC Payment Date Certificate
Exhibit I-2 Form of Independent Engineer’s SC Payment Date Certificate
Exhibit J Forms of Estoppel Certificates
Exhibit K-1 [Reserved]
Exhibit K-2 [Reserved]
Exhibit L Form of Payoff Letter

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PURCHASE AGREEMENT (PRAIRIE BX LLC)


PURCHASEAGREEMENT

This PURCHASE AGREEMENT is made and entered into as of November 3, 2025 (the “Execution Date”), by and among MN8 DEVCO 3 LLC, a Delaware limited liability company (“Seller”), and PRAIRIE BX LLC, a Delaware limited liability company (the “Company”).The useof“Party”hereinmeansSellerortheCompany,and“Parties”meansSellerandtheCompany.

RECITALS

1.    Seller is in the business of developing, owning and operating photovoltaic solar energygeneratingfacilities,andisexperiencedinthedesigning,engineering,procuringequipment, installing, commissioning, constructing, testing, operating, maintaining and managing of such facilities.

2.    The Company desires that Seller cause the design, engineering, procurement, installation, commissioning, construction and performance testing of the Project (as hereinafter defined)onaturnkey,fixed-pricebasis,andSellerdesirestocausesuchservicestobeperformed.

3.    Sellerowns100%oftheEquityInterestsinPrairieSolarHoldingsLLC,aDelaware limitedliabilitycompany(“PrairieHoldings”),whichowns100%oftheEquityInterestinPrairie Solar 1, LLC (the “Project Company”) that owns the 183 MWDCsolar energy generating facility referred to as the Prairie project, being developed and constructed in Champaign County, Illinois (the “Project”).

4.    The Company desires to purchase, and Seller desires to sell, the Project Company (and thereby, indirectly, the Project) on the terms and subject to the conditions described herein.

5.    In order to facilitate such purchase and sale, the Parties wish to enter into this Agreement.

NOW, THEREFORE, in consideration of the respective representations, warranties, covenants, agreements and conditions hereinafter set forth, and other good and valuable consideration,thereceipt andsufficiencyofwhich areherebyacknowledged,thePartiesagreeas follows:

AGREEMENT

ARTICLE 1

DEFINEDTERMS

1.1    DefinedTerms.Asusedherein,thefollowingtermshavethefollowingmeanings:

“Acquired Interests” is defined in Section 2.1(a).

“Advisors”isdefinedinSection7.12.

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PURCHASE AGREEMENT (PRAIRIE BX LLC)


“Affiliate”means,withrespecttoanyPerson,aPersonthatdirectly,orindirectlythrough oneormoreintermediaries,Controls,isControlledbyorisundercommonControlwiththePerson specified.Without limiting the foregoing, any Person shall be deemed to be an Affiliate of any specified Person if such other Person owns more than fifty percent (50%) of the voting securities of the specified Person, if the specified Person owns more than fifty percent (50%) of the voting securities of such other Person, or if more than fifty percent (50%) of the voting securities of the specified Person and such other Person are under common control; providedthat Company shall not be considered an Affiliate of Seller or Guarantor for purposes of this Agreement and in no event shall any natural person (including in a capacity as an employee)be deemed an Affiliate of any Person.

“After-Tax Basis” means, with respect to any payment to be actually or constructively received by any Person, the amount of such payment (the “base payment”) supplemented by a furtherpayment(the“additionalpayment”)tothatPersonsothatthesumofthebasepaymentplus theadditionalpaymentshall,afterdeductionoftheamountofallfederalincometaxesrequiredto bepaid by such Person in respect ofthereceipt oraccrual ofthe base payment and the additional payment, using an assumed rate equal to the Highest Marginal Rate (and ignoring state and local taxes),andtakingintoaccountanyfederalincometaxsavingsrealizedbytherecipientasaresult ofthepaymentortheeventgivingrisetothepayment,usinganassumedrateequaltotheHighest MarginalRate(andassumingtherecipienthassufficienttaxableincometofullyutilizeonacurrent basis any tax benefits resulting from the paymentor the event giving rise to the payment), equals the amount required to be received.

“Agreement”meansthisPurchaseAgreement.

“ALTA Survey” means anALTA/NSPSLandTitleSurveyoftheProjectSite prepared in accordance with the 2021 ALTA/NSPS Minimum Standard Detail Requirements, including Table A Items: 1, 2, 3, 4, 5, 6(b), 8, 11(a), 11(b), 13, 14, 16, and 18 (and, with respect to the as-built ALTA Survey to be delivered pursuant to Section 2.4(o) of this Agreement, Table A Item 19), and sufficient to remove all standard survey exceptions to the Title Policy.

“Anti-Bribery and Anti-Corruption Laws and Regulations” means all Applicable Laws concerning or relating to bribery or corruption, including the U.S. Foreign Corrupt Practices Act of 1977 and the U.K. Bribery Act 2010.

“Anti-Terrorism and Money Laundering Laws and Regulations” means all Applicable Laws concerning or relating to terrorism financing or money laundering, including the USA PATRIOT Act.

“Applicable Law” means, all applicable laws of any Governmental Authority, including any ordinances, judgments, decrees, injunctions, writs and orders or like actions of any Governmental Authority, and any rules and regulations of any federal, regional, state, county, municipal or other Governmental Authority.

“Appraiser”meansMarshall&Stevens.

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PURCHASE AGREEMENT (PRAIRIE BX LLC)


“Assets” means all right, title and interest of a Person in land, properties, buildings, improvements,fixtures,foundations,assetsandrightsofanykind,whethertangibleorintangible, real, personal or mixed, including contracts, leases, easements, equipment, systems, books, data, reports,studiesandrecords,proprietaryrights,intellectualproperty,Permits,rightsunderor pursuanttoallwarranties,representationsandguarantees,cash,accountsreceivable,depositsand prepaid expenses.

“Bankrupt”or“Bankruptcy”means,withrespecttoanyPerson:(a)thatsuchPerson (i)filesinanycourtpursuanttoanystatuteoftheUnitedStatesorofanystateavoluntarypetition inbankruptcyorinsolvency,(ii)filesapetitionoranswerseekingforsuchPersonareorganization, arrangement, composition, readjustment, liquidation, dissolution or similar relief under any Applicable Law or the appointment of a receiver or a trustee of all or substantially all of such Person’s Assets, (iii)makes a general assignment for the benefit of creditors, (iv)becomes the subject of an order for relief or is declared insolvent in any federal or state bankruptcy or insolvency proceedings, (v)files an answer or other pleading admitting or failing to contest the materialallegationsofapetitionfiledagainstsuchPersoninaproceedingofthetypedescribedin subclauses(i)through (iv)of this clause(a), (vi)admits in writing its inability to pay its debts as theyfalldue(providedthatanysuchdebtssubjecttobonafidedisputesareexemptfromsubsection (vi)),or(vii)seeks,consentstooracquiescesintheappointmentofatrustee,receiverorliquidator of substantially all of its Assets; or (b)a petition in bankruptcy or insolvency, or a proceeding seeking reorganization, arrangement, composition, readjustment, liquidation, dissolution, or similarreliefunderanyApplicableLawhasbeencommencedagainstsuchPerson,andsixty (60)days have expired without dismissal thereof or with respect to which, without such Person’s consentoracquiescence,atrustee,receiver,orliquidatorofsuchPersonorofalloranysubstantial part of such Person’s properties has been appointed and sixty (60)days have expired without the appointment’s having been vacated or stayed, or sixty (60)days have expired after the date of expiration of a stay, if the appointment has not previously been vacated.

“Beginning of Construction Bring-Down Certificate” means an executed copy of the Beginning of Construction Bring-Down Certificate in the form attached as Exhibit F-2.

“Beginning of Construction Certificate” means an executed copy of the Beginning of Construction Certificate in the form attached as Exhibit F-1.

“BeneficialOwnershipCertification”meansacertificationregardingbeneficialownership requiredbytheBeneficialOwnershipRegulation,whichcertificationshallbesubstantiallysimilar in form and substance to the form of Certification Regarding Beneficial Owners of Legal Entity Customerspublishedjointly,inMay2018,bytheLoanSyndicationsandTradingAssociationand Securities Industry and Financial Markets Association.

“BeneficialOwnershipRegulation”means31C.F.R.§1010.230.

“Business Day” means any day other than Saturday, Sunday and any other day on which banks in New York, New York are authorized to be closed.

“CashPurchasePricePayment”isdefinedinSection2.1(b).

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PURCHASE AGREEMENT (PRAIRIE BX LLC)


“Changein ApplicableLawEvent”means achangein ApplicableLawthat (a)renders or wouldreasonablybeexpectedtorenderanyTransactionDocumentillegalorunenforceableorthe performance by any party thereto illegal or unenforceable, (b) does or would reasonably be expected to eliminate, abolish or make illegal or materially and negatively affect the authority or rightsofCompanyortheProjectCompany,togenerateandselltheelectricityandotherattributes generated by the Project in the applicable jurisdiction, or (c) solely to the extent not reflected in theBaseCase Model, does orwould reasonably beexpected to (i)materially adversely affect the economic value of the Company or the Project Company in the applicable jurisdiction, including the economic value of the Offtake Agreement or (ii) result in a material adverse effect to the Company’s financial projections or assumptions.

“ChangeinTaxLaw”means(a)anychangeinoramendmenttotheCode;(b)anychange in,orissuanceof, orpromulgationofanytemporaryorfinalRegulations;(c)decisionoftheU.S. TaxCourt,theU.S.CourtofFederalClaims,aU.S.DistrictCourt,aU.S.CourtofAppealsorthe U.S. Supreme Court, that applies, advances or articulates a new or different interpretation of analysisofanyprovisionoftheCode,anyotherapplicablefederaltaxstatuteoranytemporaryor final Regulation; or (d) any guidance, advice, statement, notice, announcement, proclamation, revenue ruling, revenue procedure, private letter ruling or other written guidance issued by the IRS, that applies, advances or articulates a new or different interpretation or analysis of any provisionoftheCode,anyotherapplicablefederaltaxstatuteoranytemporaryorfinalRegulation, in each case which is enacted, passed, promulgated or issued, as applicable following the Execution Date and prior to the SC Payment Date and that materially affects the tax treatment or taxconsequencesto(i)theCompanyinconnectionwiththeCompany’sacquisitionoftheProject Company and Project or (ii) the Company, the Project Company, the Project, or the purchaser underaTax Credit TransferAgreement in connection with theability oftheCompany to transfer the ITC in the manner and for the economic value as assumed by the Cost Seg/Appraisal Report.

“ClaimNotice”isdefinedinSection4.7.

“ClassATCTAProceedsAmount”isdefinedintheLLCAgreement.

“Code”meanstheInternalRevenueCodeof1986,asamendedfromtimetotime,andany successor federal tax statute or other federal income tax law.

“CommitmentExpirationDate”meansJune30,2026.

“Commitment Period” means the period beginning on the Execution Date and ending on theearliestof(a)theCommitmentExpirationDate,(b)thepaymentinfulloftheProjectPurchase Price and (c) the date of termination pursuant to the terms hereof.

“Company”isdefinedin thepreamble.

“CompanyIndemnifiedParties”isdefinedinSection4.3(a).

“Confidential Information” is defined in Section 7.12.

“Construction Contracts” means the EPC Contracts and Equipment Supply Contracts.

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PURCHASE AGREEMENT (PRAIRIE BX LLC)


“ConstructionIndebtedness” meansIndebtednessunder theConstructionLoanAgreement.

“ConstructionLoanAgreement”meansthatcertainCreditAgreement,datedasof December31,2024,asamendedasofMay6,2025,andasfurtheramendedasofJune12,2025, byandbetweenSeller,MN8BleekerLLC,Natixis,NewYorkBranchasadministrativeagentand collateral agent thereunder, and the lenders and issuing banks party thereto from time to time.

“Consultants” means the Appraiser, the Independent Engineer, the Insurance Consultant, the Environmental Consultant, the Market Consultant and the Transmission Consultant.

“Contract”meansanycontract,lease,evidenceofindebtedness(includinganypromissory note), purchase order, letter of credit, license, obligation, or other legally binding agreement or undertaking of any other nature, in each case in writing, but not including any Permit.

“Control”meansthepossession,directlyorindirectly,ofeitherofthe following:

(a)    (i)in the case of a corporation, more than fifty percent (50%) of the outstanding voting securities thereof; (ii)in the case of a limited liability company, partnership, limited partnership or joint venture, the right to more than fifty percent (50%) of the distributions (including liquidating distributions) therefrom; (iii)in the case of a trust or estate, including a businesstrust,morethan fiftypercent(50%)ofthebeneficialinteresttherein;and(iv)inthecase ofanyotherentity,morethanfiftypercent(50%)oftheeconomicorbeneficialinteresttherein;or

(b)    in the case of any entity, the power or authority, through ownership of voting securities, by contract or otherwise, to direct or cause the direction of the management and the policies of the entity.

“CostSeg/AppraisalReport”meansthereportissuedandpreparedbytheAppraiser,which includes confirmation of the Project Company’s tangible and intangible asset cost segregation, depreciationandamortizationrates,anddepreciationandamortizationexpenses,andtheupdate(s) thereto delivered in accordance with Section 2.3(k)and Section 2.4(i).

“Data   Room”    means   the   virtual   data   room     titled    “9.Blackstone”   located   at https://airenew.sharepoint.com/:f:/r/sites/Treasury/160Capital%20Markets%20and%20Project%20Finance/00.%20External%20TE%20Investors/9.%20Blackstone?csf=1\&web=1\&e=USADqf

“DisclosureSchedules”meanstheschedulestoSeller’srepresentationsandwarranties under Section 3.1.

“Dispute”isdefinedinSection6.1.

“DisqualifiedEntity”means(a)theUnitedStates,anystateorpoliticalsubdivisionthereof, any possession of the United States, or any agency or instrumentality of any of the foregoing, (b) any organization which is exempt from tax imposed by theCode (including any tax-exempt entity within the meaning of Section 168(h)(2) of the Code and any tax-exempt controlled entity within themeaningofSection168(h)(6)(F)(iii)oftheCodeifsuchentityhasnotmadetheelection providedinSection168(h)(6)(F)(ii)oftheCode),(c)anyPersonwho

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PURCHASE AGREEMENT (PRAIRIE BX LLC)


isnota“UnitedStatesperson” asdefinedinSection7701(a)(30)oftheCode,(d)anyIndiantribalgovernmentdescribedin Section7701(a)(40)oftheCode,(e)arealestateinvestmenttrust,asdefinedinCodeSection 856(a), (f) a regulated investment company as defined in Code Section 851(a), (g) a cooperative organizationdescribedinSection1381(a)oftheCode,or(h)anypartnershiporotherpass-through entity, any direct or indirect partner (or other holder of an equity or profits interest) of which is a Persondescribedinclauses(a)through(g),unlesssuchPersonownsitsinterestindirectlythrough a taxable C corporation that is not a corporation described in clauses (a) through (g); provided, however, that any such Person described in clauses (a) through (d) shall not be considered a Disqualified Entity to the extent that (i) the exception under Section 168(h)(1)(D) of the Code applieswithrespecttotheincomefromtheCompanyforthatPerson,or(ii)thePersonisdescribed within clause (c) of this definition, and the exception under Section 168(h)(2)(B)(i) of the Code applies with respect to the income from the Company for that Person.

“Economic Sanctions Laws and Regulations” means any and all economic and financial sanctions and trade embargoes imposed, administered or enforced by: (a)the U.S. government (includingtheU.S.DepartmentofStateandOFAC),(b)theUnitedNationsSecurityCouncil, (c) theEuropeanUnionoranyofitsmemberstates,(d)Switzerland(includingtheStateSecretariat for Economic Affairs), or (e) the United Kingdom (including His Majesty’s Treasury).

“Encumbrances” means encumbrances, liens, charges, pledges, collateral assignments, restrictionsontransfer,options,warrants,mortgages,deedsoftrust,securityinterests,easements, purchaserights,rightsoffirstrefusalandencroachmentsofeverytypeanddescriptionwhatsoever, whether voluntary or involuntary, choate or inchoate or imposed by Applicable Law (including any agreement to give any of the foregoing or any conditional sale or other title retention agreement), and whether or not of record, and “Encumber” means any action or inaction (where there is an affirmative obligation to act) creating an Encumbrance.

“Energy Community Bring-Down Certificate” means an executed copy of the Energy Community Bring-Down Certificate in the form attached as Exhibit H-2.

“Energy Community Certificate” means an executed copy of the Energy Community Certificate in the form attached as Exhibit H-1.

“Energy Management Agreement” means the Contract(s) under the heading “Energy Management Agreement” in Schedule 3.1(g).

“Energy Manager” means thecounterparty(ies) to theEnergy Management Agreement in its capacity as “Energy Manager” thereunder.

“EnvironmentalConsultant”meansSWCAEnvironmentalConsultants.

“EnvironmentalLaws”meansanyandallApplicableLawspertainingtotheenvironment, human health, cultural or natural resources, or the generation, handling, management, transportation, storage, disposal, Release or threatened Release of or exposure to Hazardous Substances, including: (a) the Comprehensive Environmental Response, Compensation and

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PURCHASE AGREEMENT (PRAIRIE BX LLC)


LiabilityActof1980,asamendedbytheSuperfundAmendmentsandReauthorizationAct of1986, 42 U.S.C. §§ 9601 et seq.; the Federal Water Pollution Control Act, 33 U.S.C. §§ 1251 etseq.;theCleanAirAct,42U.S.C.§§7401etseq.;theToxicSubstancesControlAct,15U.S.C. §§2601etseq.;theEmergencyPlanningandCommunityRighttoKnow Actof1986,42U.S.C. §§11001 et seq.; the Safe Drinking Water Act, 42 U.S.C. §§ 300(f) et seq.; the Hazardous Materials Transportation Act, 49 U.S.C. §§ 5101 et seq.; the Federal Insecticide, Fungicide and Rodenticide Act, 7 U.S.C. §§ 136 et seq.; the Resource Conservation and Recovery Act of1976, 42U.S.C.§§6901etseq.;theOilPollutionActof1990,33U.S.C.§§2701etseq.;the OccupationalSafetyandHealthAct,29U.S.C.§§651etseq.(totheextentanyprovisionsthereof relate to environmental matters); the National Environmental Policy Act, 42 U.S.C. §§ 4321 et seq.;theEndangeredSpeciesAct,16U.S.C.§§1531etseq.;theBaldandGoldenEagleProtection Act, 16 U.S.C. §§ 668 et seq.; the Migratory Bird Treaty Act, 16 U.S.C. §§ 703 et seq.; National Historic Preservation Act of1966, 54 U.S.C. §§ 300101 et seq.; Title 14 Code of Federal Regulations Part 77 and 49; (b) and any similar, analogous, or implementing state or local laws andallamendmentsorregulationspromulgatedthereunder;and(c)anyapplicabledecisionallaw ofany Governmental Authority, as each oftheforegoing may beamended orsupplemented from time to time in the future, in each case to the extent applicable with respect to the property or operation to which application of the term “Environmental Law” relates.

“EnvironmentalPermits”meansallPermitsissuedorrequiredunderanyEnvironmental Law.

“EnvironmentalReport”meansthefinalPhaseIEnvironmentalSiteAssessmentprepared bytheEnvironmentalConsultantassuchreportmaybeupdated ascontemplatedherein.

“EPCContract”meanstheContractundertheheading“EPCContract”inSchedule3.1(g).

“EPC Contractor” means the counterparty(ies) to the EPC Contract.

“EquipmentSupplyContract”meanstheContract(s)undertheheading“Equipment Supply Contracts” in Schedule 3.1(g).

“Equity Interests” means shares of capital stock, partnership interests, limited liability company interests or membership interests in a limited liability company (including voting and economic interests therein), beneficial interests in a trust or other equity interests in any Person, andanyoption,warrant,commitment,preemptiverightsoragreementsofanykind(includingany members’orvotingagreements)entitlingtheholderthereoftopurchaseorotherwiseacquireany such equity interest.

“Event of Loss” means any casualty, loss, damage, theft or destruction of the Project causingdamagetotheProjectinexcessof$2,000,000thatisunrepairedorotherwiseunremedied.

“EWG”meansan“exemptwholesalegenerator”withinthemeaningofSection1262(6)of PUHCA and the FERC’s regulations at 18 C.F.R. § 366.1.

“ExecutionDate”isdefinedinthepreamble.

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PURCHASE AGREEMENT (PRAIRIE BX LLC)


“FairMarketValue”means,withrespecttoany Asset,thepriceatwhichtheAssetwould change hands between a willing third-party buyer and a willing third-party seller, neither being underanycompulsiontobuyortosell,andbothhavingknowledgeoftherelevantfactsandtaking into account the full useful life of the asset in an arms-length transaction.

“Fee Letter” means that certain Fee Letter, dated November 3, 2025, between Blackstone Private Credit Strategies LLC (together with its affiliates) and MN8 Energy LLC.

“FERC”meanstheFederalEnergyRegulatoryCommissionandanysuccessoragency.

“Final Completion” means (a) all Performance Tests pursuant to the EPC Contract have been successfully completed, and (b) (i) the Project has achieved “Final Completion” under the EPC Contract and (ii) all items on the “Punch List” as defined in the EPC Contract have been completed.

“Final Determination” means the earliest to occur of (a) a decision, judgment, decree or otherorderbyanycourtofcompetentjurisdiction,whichdecision,judgment,decreeorotherorder has become final (i.e., when all appeals other than to the Supreme Court or the highest judicial body of a state allowable hereby and by law have been exhausted by either party to the action or thetimeforfilingsuchappealshasexpired)or,inanycasewherejudicialreviewshallatthetime be unavailable by reason of the proposed adjustment involving a decrease in a net operating loss or business credit carryforward, a decision, judgment, decree or other order of an administrative official or agency of competent jurisdiction, which decision, judgment, decree or other order has become final (i.e., when all administrative appeals have been exhausted by either party), (b) a closing agreement entered into pursuant to Section 7121 of the Code or any other settlement agreement entered into in connection with an administrative or judicial proceeding, (c) the expirationofthetimeforinstitutingaclaimforrefund,orifsuchaclaimwasfiled,theexpiration of the time for institutingsuit with respect thereto or (d) the expiration of the time for assessing a deficiency, or if a deficiency was assessed, the expiration of the time for instituting suit with respect thereto.

“Forbearance Agreement” means a forbearance or interparty agreement between the Company,itsmembersandthefinancingpartiesprovidingfinancingundertheConstructionLoan Agreement(or suchfinancingproviders’agent),informandsubstance acceptabletotheCompany.

“Force Majeure Event” means any event, condition or circumstance (a) beyond the reasonable control of the Party claiming the Force Majeure Event, (b) which occurs despite commerciallyreasonableprecautionsandmeasurestakenbythePartyclaimingtheForceMajeure Eventinordertopreventoravoidsuchevent,(c)isnot,directlyorindirectly,causedby,thefault ornegligenceofthePartyclaimingtheForceMajeureEvent,and(d)whichthePartyclaimingthe Force Majeure Event is unable to overcome by the exercise of reasonable due diligence.It may include: an act of god; epidemic or pandemic; war (declared or undeclared); sabotage; riot; insurrection; civil unrest or disturbance; military or guerilla action; terrorism; economic or financial sanctions, or trade embargos; civil strike, work stoppage, slow-down, or lock-out; explosion; fire; earthquake; volcanic eruption, abnormal weather condition or actions of the elements; hurricane; flood; lightning; wind; and drought, in each case, with respect to a Force

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PURCHASE AGREEMENT (PRAIRIE BX LLC)


Majeure Event claimed by Seller, to the extent that such event, condition or circumstance constitutes a “Force Majeure Event” under, and as defined in, the EPC Contract.

“FPA”meanstheFederalPowerAct,as amended,and FERC’simplementingregulations thereunder.

“GAAP”meansgenerallyaccepted accountingprinciplesintheUnited StatesofAmerica consistently applied.

“Governmental Authority” means any foreign, federal, territorial, state, local or other governmental,regulatoryoradministrativeagency,court,commission,department,board,orother governmentalsubdivision,legislature,rulemakingboard,court,tribunal,arbitratingbodyorother governmental authority having jurisdiction or effective control over the Project Company, the Seller, the Company, any of their respective Affiliates or the Project, including FERC, MISO, NERC and its regional entities, ICC and MRO.

“Guarantor” means MN8 Energy LLC (or its successor in interest following any merger, division, recapitalization, or other capital event).

“Guaranty” means that certain Guaranty, dated as of the Execution Date, made by Guarantor in favor of Longpoint Prairie Class A, LLC.

“Hazardous Substance” means (a) hazardous materials, hazardous wastes, and hazardous substances as those terms are defined under any applicable Environmental Laws, (b) petroleum and petroleum products, including crude oil and any fractions thereof, (c) natural gas, synthetic gas, and any mixtures thereof, (d) asbestos and/or any material which contains any hydrated mineral silicate, including chrysolite, amosite, crocidolite, tremolite, anthophyllite, and/or actinolite, whether friable or non-friable, (e) PCBs, or PCB-containing materials or fluids, (f) radon, (g) any other hazardous, radioactive, toxic, or noxious substance, materials, pollutant, or solid, liquid or gaseous waste as those terms are defined under any applicable Environmental Laws, and (h) per- or polyfluoroalkyl substances.

“Highest Marginal Rate” means as of a given date of determination, the then highest marginalrateforfederalincometaxapplicabletoU.S.corporationssubjecttotaxundersubchapter C of the Code.

“ICC” means the Illinois Commerce Commission and any successor agency.

“Indebtedness”means(a)anyindebtednessforborrowedmoney,(b)anyindebtedness evidencedbyanynote,bond,debenture,mortgageorotherdebtinstrumentordebtsecurity, (c)amounts owing as the deferred purchase price for the purchase of property or services under any Major Project Contract other than accounts payable incurred pursuant to trade contracts or otherobligations ofalikenatureincurred in the Ordinary Course ofBusiness which areless than ninety (90) days past due, (d)liabilities under any interest rate protection agreement, interest rate future agreement, interest rate option agreement, interest rate swap agreement or other similar agreement designed to protect a Person against fluctuations in interest rates or other currency

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fluctuations, (e)all contingent reimbursement obligations with respect to outstanding letters of credit, (f) any obligations under capitalized leases, conditional sales contracts and other similar titleretentioninstrumentswhethershorttermorlongterm,(g)anyobligationsofthetypesreferred to in clauses (a)through (f)secured by an Encumbrance on any property or assets of a Person and/or any off-balance sheet financings and (h) all guarantees of obligations of a type referred to in clauses (a)through (g).

“IndependentEngineer”meansEnertisSolarInc.oranotherindependentengineeringfirm reasonably acceptable to the Company.

“Independent Engineer Report” means the final report of the Independent Engineer with respecttotheProject,datedonorbeforetheExecutionDate,asitmaybeupdatedascontemplated herein, as it may be updated as contemplated herein.

“Information”isdefinedinSection3.1(j).

“Installation”isdefinedinSection2.2(a).

“InsuranceConsultant”meansMooreMcNeiloranotherindependentinsuranceconsultant reasonably acceptable to the Company.

“Insurance Consultant Report” means the final report of the Insurance Consultant with respecttotheProject,datedonorbeforetheExecutionDate,asitmaybeupdatedascontemplated herein.

“InterconnectionAgreement”meanstheContractundertheheading“Interconnection Agreement” in Schedule 3.1(g).

“InterconnectionProvider”meansMidcontinentIndependentSystemOperator,Inc.

“Inverter Block” means each inverter block included in the Project.

“IRS”meanstheInternal RevenueServiceorany successor agency.

“IRSNotices”meansIRSNotice2018-59,2018-28I.R.B.196,IRSNotice2019-43,2019-31I.R.B.487,IRSNotice2020-412020-25I.R.B.954,IRSNotice2021-41,2021-29I.R.B.17,IRSNotice2022-61,2022-52 I.R.B.560,IRSNotice 2023-29, 2023-20I.R.B. 1(April 10,2023) and any subsequent IRS notice or published guidance or interpretation for the amendment to Section48(a)(2)(A)(i)(II) oftheCodebyConsolidatedAppropriationsAct(Pub.L.No.114-113, 129 Stat. 2242 (2015)).

“ITC”meanstheenergytaxcreditprovidedforunderSection48oftheCode.

“ITCEligibleBasis”meanstheITCeligiblebasisamountsetforthintheCost Seg/Appraisal Report.

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PURCHASE AGREEMENT (PRAIRIE BX LLC)


“ITC Eligible Property” means any assets or property (a) that is not property described in CodeSection50(b)asineligibleforITCs,(b)withrespecttowhichdepreciation(oramortization in lieu of depreciation) is allowable under Section 168 of the Code, and (c) that is described in Code Sections 48(a)(3)(A)(i) or 48(a)(8) of the Code.

“ITC Insurance Policy” means an insurance policy in form and substance satisfactory to the Company.

“ITCLoss”isdefinedin Section4.4(a).

“ITCLossClaimNotice”isdefinedinSection4.4(d).

“Knowledge”means,withrespecttoSeller,theactualknowledge,afterdueinquiry,ofthe individuals listed on Schedule 1and any replacement for any such individual.

“LLC Agreement” means that certain Amended and Restated Limited Liability Company AgreementoftheCompany,madeandenteredintoasoftheExecutionDate,byandbetween Longpoint Prairie Class A, LLC (as Class A Member) and Prairie Class B LLC (as the Class BMember).

“Loss” means any claim, demand, suit, loss, liability, damage, obligation, payment, cost, fee,penaltyorexpense(includingthecostandexpenseofanyaction,suit,proceeding,assessment, judgment, settlement or compromise relating thereto and reasonable attorneys’ fees of external counsel and reasonable and documented out-of-pocket disbursements in connection therewith).

“Made Available” means posting to the Data Room the documents, electronic files, and materials for the Company by Seller or its Affiliates or any of its Representatives or Advisors or otherwise delivering such items (including by electronic transmission) to the Company in accordance with the notice requirements set forth in Section 7.3; provided, however,after the ExecutionDate,adocument,electronicfile,andanyothermaterialpostedtotheDataRoomshall be“MadeAvailable”totheCompanyonlyafterthedateonwhichtheSelleroritsAffiliateshave directly notified (including by electronic mail) Company in accordance with Section 7.3(which noticeshallbeinadditiontoanynotificationprovidedautomaticallybytheDataRoom)thatsuch document, electronic file, or other material is posted to the Data Room.

“Major Equipment” means the equipment contemplated under the Equipment Supply Contracts.

“MajorProjectContract”means(a)eachofthoseContractssetforthonSchedule3.1(g), (b)eachotherContractenteredintoinsubstitutionorreplacementofanyoftheforegoing,(c)any other Contract (or series of related Contracts) entered into by the Project Company or in relation totheProjectwithexpenditures,liabilitiesorrevenuesreasonablyexpectedtoexceed$500,000in any calendar yearor $2,000,000 in theaggregate and (d) any credit support instruments provided inconnectionwithanyoftheforegoing;provided,however,thatanyMajorProjectContractshall cease to be a Major Project Contract once the parties thereto have performed all material non-

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contingent obligations thereunder (other than surviving indemnification and reimbursement obligations).

“Major Project Counterparties” means each party to a Major Project Contract (other than the Company and the Project Company).

“Management Services Agreement” means that certain Management Services Agreement dated as of November 3, 2025 by and between Project Company and GSRP Services LLC.

“ManagementServicesProvider”meansGSRPServicesLLC.

“Market Consultant” means Wood MacKenzie.

“Market Report” means the final merchant curves provided by the Market Consultant, as such materials may be updated as contemplated herein.

“MaterialAdverseEffect”means,withrespecttoanyPerson,afact,eventorcircumstance that, alone or when taken with other facts, events or circumstances occurring or existing concurrentlywithsuchfact,eventorcircumstance,(a)hasorcouldbereasonablyexpectedtohave amaterialadverseeffectonthebusiness,operations,condition(financialorotherwise),assets, liabilities,orpropertiesofsuchPerson,(b)hasorcouldbereasonablyexpectedtohaveamaterial adverse effect on the validity or enforceability of any Transaction Document, (c) materially impairs or could be reasonably expected to materially impair the ability of a Person to meet or perform its obligations under any Transaction Document or (d)has or could be reasonably expectedtohaveanymaterialadverseeffectonaPerson’srightsunderanyTransactionDocument.

“MBRAuthority”meansanorderfromFERCissuedpursuanttoSection205oftheFPA (a) authorizing the Project Company to sell wholesale electric energy, capacity, and/or certain ancillary services at negotiated rates pursuant to a tariff providing for such sales (the “MBRTariff”), (b) accepting such MBR Tariff for filing, and (c) granting the Project Company such regulatory waivers and blanket authorizations as are customarily granted by FERC to companies authorizedtosellelectricenergy,capacity,andancillaryservicesatmarket-basedrates,including blanketauthorizationtoissuesecuritiesandassumeliabilitiespursuanttoSection204oftheFPA.

“MBRTariff”hasthemeaningsetforthin thedefinitionof“MBR Authority”.

“MC Estoppel Certificates” means those estoppel certificates provided by the Offtaker, EPC Contractor, suppliers of all Major Equipment, Real Property Documents counterparties (which shall be dated within sixty (60) days of the Purchase Date) (provided that procuring the Nussmeyer Estoppel is subject to a commercially reasonable efforts standard), and the Interconnection Provider (such estoppel from the Interconnection Provider to be subject to a commercially reasonable efforts standard).

“MC Payment” means twenty percent (20%) of the Cash Purchase Price Payment, determined by reference to the projected Project Purchase Price based on the Cost Seg/Appraisal Report delivered pursuant to this Agreement in connection with the Purchase Date.

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“MechanicalCompletion”meanstheoccurrenceof“MechanicalCompletion”withrespect to the Project, as such term is defined in the EPC Contract and delivery of the fully executed Mechanical Completion Certificate under and as defined in the EPC Contract; provided, that in any event that (i) the Project has not supplied any electricity to test performance or for the customer’s use, (ii)none of the clauses (b), (d) or (e) of the definition of Placed-in-Service shall haveoccurredwithrespecttoanyInverterBlockthatcomposesanypartoftheProjectand (iii)(A)neither “Commercial Operation” (as defined in each Offtake Agreement) nor “Commercial Operation” (as defined in the Interconnection Agreement) has occurred.

“Membership Interest Assignment Agreement” means an assignment and assumption agreementevidencingtheassignmentandtransfertotheCompanyofalloftheEquityInterestsin the Project Company effective as of the Purchase Date, substantially in the form of Exhibit C.

“MISO”meanstheMidcontinentIndependentSystemOperator,Incanditssuccessors.

“Moody’s” means Moody’s Investor Service, or any successor entity.

“MRO”meanstheMidwestReliabilityOrganizationanditssuccessors.]

“MW”meansmegawattsdirectcurrentand,unlessotherwisespecified,suchamountshall be as calculated under standard test condition.

“NERC” means the North American Electric Reliability Corporation and each applicable regional reliability entity designated by, and exercising delegated authority from, NERC and its successors.

“Nussmeyer Estoppel” means that certain Real Property Document counterparty estoppel certificateto bedelivered by the estate of Carole Nussmeyer as Lessor with regard to that certain Lease Agreement dated July 5, 2024, as evidenced by that certain Memorandum of Lease dated July5,2024,asamendedbythatcertainFirstAmendmenttoLeaseAgreementdatedOctober21, 2024, as evidenced by that certain Memorandum of First Amendment to Lease Agreement dated October 21, 2024, with the Project Company.

“O&M Agreement” means the Contract(s) under the heading “O&M Agreement” in Schedule 3.1(g).

“O&M Contractor”means thecounterparty(ies)to theO&M Agreement(s)in its capacity as “Operator” thereunder.

“OFAC” means the Office of Foreign Assets Control of the U.S. Department of the Treasury.

“Offtake Agreement” means the Contract(s) under the heading “Offtake Agreement” in Schedule 3.1(g).

“Offtaker” means the counterparty(ies) to the Offtake Agreement(s) in its capacity as “Buyer” thereunder.

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“Ordinary Course of Business” means the ordinary conduct of business consistent with custom and practice for comparable businesses in the PV solar energy generation industry.

“Party”or “Parties”isdefinedinthepreamble.

“PaymentDate”meansthePurchaseDateortheSCPaymentDate,asthecontextrequires.

“PerformanceTest”meanstestsrequiredtobeperformedpursuanttotheEPCContractto demonstratethattheProjectiscapableofoperationforitsintended purpose.

“Permit” means any permit, franchise, order, license, determination, notice, certification, approval, exemption, qualification, right or authorization from, or registration or filing with, any Governmental Authority; provided, that, for purposes of this Agreement, any agreement for the Project entered into by a Governmental Authority in its capacity as the local distribution utility including any Interconnection Agreement shall be considered a Contract and not a Permit.

“Permitted Liens” means (a) Encumbrances imposed by any Governmental Authority for Taxesthatarenotyetdueorthatarebeingcontestedingoodfaithbyappropriateproceedingsand for which adequate reserves have been maintained in accordance with GAAP, (b) mechanics’, materialmen’s, repairmen’s and other similar liens arising in the Ordinary Course of Business or incident to the construction, improvement or restoration of the Project in respect of obligations thatarenotyetdueorthatarebeingcontestedingoodfaithbyappropriateproceedings,solong as(i)suchproceedingsshallnotinvolveanymaterialriskofthesale,forfeitureorlossofanypart of the Project, title thereto or any interest therein and shall not interfere in any material respect withtheuseordispositionoftheProjector(ii)thepaymentofsuchEncumbranceshallbesecured bybondsorothersecurityreasonablysatisfactorytotheCompany;(c)minordefects,easements, rights-of-way, restrictions and other similar Encumbrances incurred in the Ordinary Course of Business and Encumbrances, licenses, restrictions on the use of property or minor imperfections in title that, in each case, do not materially interfere with the operation and maintenance of the Project and that individually or in the aggregate do not and could not reasonably be expected to result in a Material Adverse Effect with respect to the Project, (d) Encumbrances created by or pursuant to the Major Project Contracts, (e) any Encumbrances or exceptions listed on Schedule B to the title commitment or pro forma as of the Execution Date and to the Title Policy, (f) judgmentEncumbrancesthatdonotinvolveanyriskofforfeitureoftheProjectthat,withinten (10) Business Days of their existence or after the entry thereof, are being contested in good faith and by appropriate proceedings and for the payment of which adequate reserves in accordance with GAAP, bonds or other security have been provided or are fully covered by insurance, (g) depositsorpledgesrequiredtosecuretheperformanceofstatutoryobligations,appeals,supersedes bonds and other bonds in connection with judicial or administrative proceedings and other obligations of a like nature and (h) zoning, entitlement, and other land use and environmental regulations by Governmental Authorities, provided that the Project Company is not in violation thereof, (i)prior to the SC Payment Date, Encumbrances created pursuant to and securing Construction Indebtedness (subject to the Forbearance Agreement), (j) pledges or deposits to secure the performance of bids, tenders, trade contracts and leases (other than for the repayment of borrowed money) incurred in the Ordinary Course of Business, and (k) statutory liens or contractual rights of set-off in favor of banks or other depositary institutions.

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“Person” means any individual, partnership, limited liability company, joint venture, corporation, trust, unincorporated organization, or Governmental Authority or any department or agency thereof.

“Placed-in-Service” means the achievement of all of the following with respect to each Inverter Block that composes any part of the Project: (a)all necessary final Permits and licenses (includingpermissiontointerconnect)foroperatingsuchInverterBlockhavebeenobtained, (b)initial synchronization of such Inverter Block to the grid has occurred, (c) all preoperational testing(includingcommissioningbutexcludingperformance-relatedtesting)necessaryforproper operation of such Inverter Block have been performed, (d)title and care, custody and control to theProjecthavebeentransferredfromtheEPCContractortosuchInverterBlockCompanyunder the EPC Contract and (e)such Inverter Block is capable of producing and delivering to the grid regular delivery of output.

“Project”isdefinedintherecitals.

“ProjectCompany”isdefinedintherecitals.

“ProjectPurchasePrice”meansthefairmarketvalueoftheProjectasofthePurchaseDate, as set forth in the Cost Seg/Appraisal Report, as may be adjusted in accordance with this Agreement to reflect the bring-down of the Cost Seg/Appraisal Report for the SC Payment Date.

“Project Site” means the real property on which the Project is located and the rights and interests of or benefitting the Project Company in, to and under the Real Property Documents.

“ProposedChangeinTaxLaw”means(a)anyproposedRegulationand(b)anyproposed changeinoramendmenttotheCodeoranotherfederalincometaxstatuteunderlegislationthatis (i)enacted or passed by eitherhousein Congress, (ii)included in a bill reported out ofthe House Ways and Means Committee or Senate Finance Committee or (iii) has been included in any proposal by the executive branch of the United States government or any authorized member thereof that is included in an official document relating to United States federal income tax legislation released by the administration, such as the “General Explanations of the Administration’s Fiscal Year Revenue Proposals”, or an executive order that without issuance of furtherguidancecouldbemodelledwithspecificity,that,ifitbecamelaworwasissuedasafinal or temporary Regulation would, in each case, materially affect the tax treatment or tax consequences to (X) the Company in connection with the Company’s acquisition of the Project Company and Project or (Y) the Company, the Project Company, the Project, or the purchaser underaTax Credit TransferAgreement in connection with theability oftheCompany to transfer the ITC in the manner and for the economic value as assumed by the Cost Seg/Appraisal Report and, in each case, such legislation proposed Regulation has a reasonable likelihood of becoming law or being issued as a final or temporary Regulation, as applicable (taking into account for this purpose any direct, written opposition or support issued, published, announced or otherwise publicly disseminated by the other house of Congress).

“PrudentIndustryPractices”meansthosepractices,methodsandacts,ofwhichtheremay be more than one and as the same may change from time to time, engaged in or approved by a

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significant portion of thePV solar energy generation industry operating in the United States with respect to PV solar energy generation assets of the same approximate size and in the same approximategeographiclocationastheProjectthat,intheexerciseofreasonablejudgmentinlight of the facts known or that reasonably should have been known at the time a decision was made, wouldhavebeenexpectedtoaccomplishthedesiredresultinamannerconsistentwithApplicable Law, Permits, the Major Project Contracts, during the recapture period the requirements to avoid a recapture of the ITCs, rules and regulations of applicable regulatory agencies and independent system operators, codes, professional standards, equipment manufacturer’s warranties and recommendations, reliability, safety, environmental protection, efficiency, economy, and expedition.WithrespecttotheProject,“PrudentIndustryPractices”includes,butisnotlimitedto, taking commercially reasonable steps to ensure that: (a) equipment, materials, and supplies, includingsparepartsinventories,areavailabletomeettheProject’sneeds;(b)sufficientpersonnel areavailableduringbusinesshoursandareadequatelyexperiencedandtrained,and,ifnecessary, licensed, to design, construct and install the Project properly and efficiently, and are capable of responding to reasonably foreseeable emergency conditions, whether caused by events at the Project location, or elsewhere; (c) construction and installation is to be conducted by knowledgeable, trained, and experienced personnel utilizing proper equipment at the Project location, or elsewhere; (d) appropriate testing is performed to ensure equipment is functioning as designed per manufacturer recommendations and frequency of testing; (e) equipment is not constructed or installed in a reckless manner, in violation of manufacturer’s guidelines or warranties or in a manner unsafe to workers, the general public, or the interconnected system, or contrary to Environmental Laws or Environmental Permits. “Prudent Industry Practices” are not intendedtobelimitedtotheoptimumorminimumpracticeormethodtotheexclusionofallothers, but rather to be a spectrum of reasonable and prudent practices and methods as commonly practicedinthePVsolarenergygeneratingindustriesinthesameapproximategeographicregion of the Project during the relevant time period.

“PUHCA” means the Public Utility Holding Company Act of 2005, 42 U.S.C. §§ 16451 et seq. and the regulations of FERC thereunder at 18 C.F.R. §§ 366.1, et seq.

“Purchase Date” means the date on which Seller conveys to the Company one hundred percent (100%) of the Equity Interests of the Project Company in accordance with Section 2.1, whichwilloccuronadateagreedtobytheParties,butinallcasesnotmorethanfive(5)Business Days following the satisfaction of the conditions precedent set forth in Section 2.3.

“PurchaseDateNotice”isdefinedinSection2.1(c).

“Real Property Documents” means the Contract(s) under the heading “Real Property Documents” in Schedule 3.1(g).

“Regulations” means the regulations promulgated under the Code by the United States Department of Treasury, as such regulations may be amended from time to time.All references herein to specific sections of the regulations shall be deemed also to refer to any corresponding provisionsofsucceedingregulations,andanyreferencetotemporaryregulationsshallbedeemed also to refer to any corresponding provisions of final regulations.

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“Release” means any release, spill, leak, emission, deposit, pumping, pouring, emptying, discharging, injecting, escaping, leaching, disposing, dumping, dispersion or migration into the environment.

“RemainingCosts(Estimated)”meanstheaggregateamountofremainingcostsestimated to be incurred by the Company and the Project Company on and after the Purchase Date in connection with the development, engineering, construction, procurement, installation and commissioningoftheProjectthroughSubstantialCompletion,determinedasofthePurchaseDate.

“Representatives”isdefinedinSection7.12.

“Sanctioned Person” means any Person (a) identified on any list of designated Persons maintained pursuant to Economic Sanctions Laws and Regulations, including the Specially DesignatedNationalsandBlockedPersonsListmaintainedbyOFAC,(b)domiciled,organizedor resident in, or any Governmental Authority of, a country or territory that is the subject of comprehensive EconomicSanctionsLaws andRegulations,(c) owned or controlledby,or acting for or on behalf of, directly or indirectly, any Person described in the foregoing clause (a)or (b); or (d) otherwise the subject or target of Economic Sanctions Laws and Regulations.

“SC Estoppel Certificates” means those estoppel certificates provided by the Offtaker (unlesstheOfftakerestoppeldeliveredwiththeMCEstoppelCertificatesisdatedlessthanninety (90)dayspriortotheSCPaymentDate,inwhichcasetheOfftakerneednotdeliveranyadditional estoppelcertificate),EPCContractor,suppliersofallMajorEquipment(unlesstherelevantMajor Equipment has been delivered and paid for, in which case such supplier(s) need not deliver such anestoppelcertificate),RealPropertyDocumentscounterparties(unlesstherelevantrealparty contract counterparty delivered an estoppel with the MC Estoppel Certificates that is dated less than (90) days prior to the SC Payment Date, in which case the relevant real estate contract counterparty need not deliver any additional estoppel certificate) (provided that procuring the Nussmeyer Estoppel is subject to a commercially reasonable efforts standard), Energy Manager, O&M Contractor, the Management Services Provider, each Tax Credit Transfer Agreement counterpartyandtheInterconnectionProvider(suchestoppelfromtheInterconnectionProviderto be subject to a commercially reasonable efforts standard).

“SC Payment” means the Cash Purchase Price Payment minus the MC Payment paid on thePurchaseDate,determinedbyreferencetotheProjectPurchasePriceasadjustedinaccordance with the terms hereof.

“SCPaymentDate”isdefinedinSection2.1(d)(i).

“SCPaymentDateNotice”isdefinedinSection2.1(d)(ii).

“Seller” is defined in the preamble.

“SharedFacilitiesAgreement”meanstheContract(s)undertheheading“SharedFacilities Agreements” in Schedule 3.1(g).

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“SponsorParties”means Guarantor,SellerandtheProjectCompany.

“StateRegulatoryAuthority”meansthestateregulatorybodyhavingjurisdictionover retail electricity sales, including ICC under applicable Illinois law.

“Subsidiary” of any Person means any corporation, partnership, joint venture, limited liability company, trust or estate of which (or in which) more than 50% of (a) the issued and outstandingcapitalstockhavingordinaryvotingpowertoelectamajorityoftheboardofdirectors of such corporation (irrespective of whether at the time capital stock of any other class or classes ofsuchcorporationshallormighthavevotingpowerupontheoccurrenceofanycontingency),(b) the interest in the capital or profits of such partnership, joint venture or limited liability company or (c) the beneficial interest in such trust or estate is at the time directly or indirectly owned or controlled by such Person, by such Person and one or more of its other Subsidiaries or by one or more of such Person’s other Subsidiaries.

“SubstantialCompletion”meanstheoccurrenceof“SubstantialCompletion”withrespect to the Project, as such term (or equivalent term) is defined in the EPC Contract and delivery and acceptanceofthefullyexecuted“SubstantialCompletionCertificate”assuchterm(orequivalent term) is defined in the EPC Contract, indicating that all activities related to the construction, commissioning, start-up and testing (including the Performance Tests) of the Project have been successfully completed in accordance with the applicable requirements in the EPC Contract, except for “Punch List” items which the failure to complete would not prevent the Project from being operated safely and continuously at its full nameplate capacity in accordance with Applicable Law and Prudent Industry Practices.

“TargetSCPaymentDate”meansMarch16,2026.

“Tax” or “Taxes” means any United States federal, state or local, or non-United States, income, gross receipts, franchise, estimated, alternative minimum, add-on minimum, sales, use, transfer, registration, value added, excise, natural resources, severance, stamp, withholding, occupation, premium, windfall profit, environmental, customs, duties, real property, personal property, capital stock, net worth, intangibles, social security, unemployment, disability, payroll, license, employee or other tax or similar levy, of any kind whatsoever, including any interest, penalties or additions to tax in respect of the foregoing.

“Tax Credit Transfer Agreement” means any agreement pursuant to which the Company agrees to transfer ITCs to an unrelated person pursuant to Section 6418 of the Code in exchange for payment or payments of cash as the purchase price thereunder.

“TaxReturn”meansanyreturn,reportorsimilarstatementrequiredtobefiledwithrespect to any Taxes (including any attached schedules), including any IRS ScheduleK-1, information return, claim for refund, amended return or declaration of estimated Tax.

“TaxSavings”isdefinedinSection4.4(b).

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“Taxing Authority” means, with respect to a particular Tax, the agency or department of any Governmental Authority responsible for the administration and collection of such Tax.

“Third-Party Claim” means any claim, action, or proceeding made or brought by any Person other than the Company, its members or an Affiliate of the foregoing.

“TitlePolicy”meansanALTA2021formowner’stitleinsurancepolicy,intheamountof the fair market value of the Project as set forth in the Cost Seg/Appraisal Report, in substantially the form delivered pursuant to Section 2.5(u), or as otherwise in form and substance reasonably acceptable to the Company, together with the following endorsements: Special Patent Endorsement modified for renewable energy projects; ALTA 8.2-06 Commercial Environmental ProtectionLien;ALTA17-06Access;ALTA17.2-06UtilityAccess;ALTA18.2-06MultipleTax Parcel;ALTA26Subdivision;ALTA36-06EnergyProjectLeasehold;ALTA36.4-06Covenants, Conditions,andRestrictions;ALTA36.6-06EnergyProjectEncroachments;ALTA25.1-06Same asPortionofSurvey;ALTA3.2Zoning;ALTA19-06Contiguity–MultipleParcels;ALTA35.3-06 Minerals; Deletion of Arbitration; and Loss Endorsement (Maximum Actual Loss).

“TradeControlsLawsandRegulations”meansanyandalllawsandregulationsconcerning or relating to the import or export of goods, technology or services imposed, administered or enforced by the U.S. government (including the U.S. Department of Commerce, the U.S. Department of State and the U.S. Department of Homeland Security).

“Transaction” means the transactions contemplated and provided for in the Transaction Documents.

“TransactionDocuments”meansthisAgreement,theTaxCreditTransferAgreement,the Guaranty, the Forbearance Agreement and the Membership Interest Assignment Agreement.

“Transaction Expenses” means the reasonable, documented out-of-pocket expenses of SellerandtheCompanyandeachoftheirAffiliatesincurredinconnectionwiththenegotiation, execution and delivery of this Agreement and the other Transaction Documents and the performanceofthetransactionscontemplatedhereunderandthereunder,includingfeesofexternal counsel, the Consultants and any other third-party consultants.

“TransmissionConsultant”meansPowerGem.

“Transmission Report” means the final report prepared by the Transmission Consultant with respect to the Project as such report may be updated as contemplated herein.

“Update”isdefinedinSection7.13.

“USA PATRIOT Act” means the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act (Title III of Pub. L. 107-56 (signed into law October 26, 2001)), as amended from time to time.

1.2    Construction.Unlessthecontextotherwiserequires,thesingularshallincludethe plural, the masculine shall include the feminine and neuter, and vice versa.The term “includes”

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or “including” shall mean “including without limitation”.The terms “hereof,” “herein” and “herewith”andwordsofsimilarimportshall,unlessotherwisestated,beconstruedtorefertothis Agreementasawhole(includingalloftheschedulesandexhibitsheretoandcertificatesdelivered hereunder)andnottoanyparticularprovisionofthisAgreement.Referencestoasection,article, exhibitorscheduleshallmeanasection,article,exhibitorscheduletothisAgreement,and,unless otherwise stated, reference to a given agreement or instrument (including terms defined therein) shall be a reference to that agreement or instrument as amended, restated, supplemented or otherwise modified, without limiting any restrictions on such amendments, modifications, supplementsorrestatementscontainedhereinorintheotherTransactionDocuments.Information contained in any schedule shall be deemed contained in each and every other schedule without requiringrepetitionthereoftotheextenttherelevanceofsuchinformationisreasonablyapparent fromthefacethereof.AnydatespecifiedforactionthatisnotaBusinessDayshallmeanthefirst BusinessDayaftersuchdate.AnyreferencetoaPersonshallbedeemedtoincludesuchPerson’s successorsandpermittedassigns.ReferencestomoneyrefertolegalcurrencyoftheUnitedStates ofAmerica.AnytermdefinedinthisAgreementbyreferencetoanotherdocument,instrumentor agreementshallcontinuetohavethemeaningascribedtheretowhetherornotsuchotherdocument, instrument or agreement remains in effect.

ARTICLE 2

PURCHASEOFPROJECT

2.1    PurchaseofProject.

(a)    Commitment Period.During the Commitment Period, Seller shall be obligated to sell to the Company, and the Company shall be obligated to purchase from Seller, one hundred percent(100%)oftheEquityInterestsintheProjectCompany(the“AcquiredInterests”),subject to and in accordance with the terms and conditions hereof.Following the Commitment Period, Company shall have no obligation to purchase, and Seller shall have no obligation to sell, the Project Company or any interests therein.

(b)    Determination of Project Purchase Price and Cash Purchase Price.The purchase pricetobepaidbytheCompanytoSellerfortheAcquired InterestsshallbetheProjectPurchase Price. The cash consideration payable by the Company to Seller for the Acquired Interests shall be equal to (i) the Project Purchase Price minus (ii) the amount of outstanding Project Company liabilitiesasofthePurchaseDate(includingoutstandingobligationsundertheConstructionLoan Agreement) minus (iii) Remaining Costs (Estimated) (such difference, the “Cash Purchase PricePayment”), which shall be payable in two (2) installments, by wire transfer of immediately available funds as set forth in Sections 2.1(c)(ii)and 2.1(d)(ii).

(c)    PurchaseofProjectCompany;PaymentofMCPayment.

(i)    Not later than five (5) Business Days prior to the date on which Seller reasonably expects all conditions precedent set forth in Section 2.3to be satisfied, Seller shalldelivertotheCompanyanoticeintheformofExhibitA(a“PurchaseDateNotice”).

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(ii)    Withinfive(5)Business Daysfollowingthe later of(i)Company’sreceipt ofthePurchaseDateNoticefromSellerand(ii)thesatisfactionoftheconditionsprecedent set forth in Section 2.3(other than the conditions which, by their nature, can be satisfied only on the Purchase Date, which conditions must be satisfied on the Purchase Date), the CompanyshallpaySeller(ortosuchPersonsasmaybedirectedbySellerandspecifiedin theflowoffundsmemorandumcontemplatedbySection2.3(ii)),inimmediatelyavailable funds to such account(s) as are specified in such flow of funds memorandum, an amount equal to the MC Payment, and Seller shall concurrently with such payment deliver to the Company a duly executed Membership Interest Assignment Agreement, which the Company shall countersign and provide such countersigned copy to Seller.

(d)    SubstantialCompletion;SCPaymentDate.

(i)    Not later than five (5) Business Days prior to the date on which Seller reasonably expects all conditions precedent set forth in Section 2.4to be satisfied, Seller shall deliver to the Company a notice in the form of Exhibit B(an “SC Payment DateNotice”),whichnoticeshallamongotherthingsspecifytheupdatedProjectPurchasePrice and the calculation of the SC Payment.

(ii)    Withinfive(5)Business Daysfollowingthe later of(i)Company’sreceipt of the SC Payment Date Notice from Seller and (ii) the satisfaction of the conditions precedent set forth in Section 2.4(otherthan the conditions which, by their nature, can be satisfied only on the SC Payment Date, which conditions must be satisfied on the SC Payment Date), the Company shall pay Seller (or to such Persons as may be directed by Seller and specified in the flow of funds memorandum contemplated by Section 2.4(dd)), in immediately available funds to such account(s) as are specified in such flow of funds memorandum, an amount equal to the SC Payment (the date of such payment, the “SCPayment Date”).

(e)    Risk of Loss.From and after the Purchase Date, all risk of loss or damage to the ProjectshallbebornebytheCompanyandtheProjectCompany;provided,thatthepassingofthe risk of loss shall not, in any respect, excuse Seller from completing Installation of the Project or performing any of its obligations under the Transaction Documents to which Seller is a party, including Section 2.2hereof; provided, further, if the Company terminates this Agreement pursuant to Section 4.1and cancels the purchase of the Project (if the SC Payment Date has not occurred at the time of termination), all risk of loss or damage to the Project shall pass back to Seller.

(f)    InformationtotheCompany.OnandafterthePurchaseDate,Sellerherebyagrees, at no cost to the Company, to deliver or cause to be Made Available to the Company such informationregardingtheProjectthatisinthepossessionorcontrolofSellerandthatisreasonably requested by the Company.

(g)    Insurance.Sellerwillprocureandmaintain,orcausetobeprocuredandmaintained, at all times prior to the SC Payment Date, at its sole cost and expense, insurance substantially of the types and in the amounts set forth in Exhibit D.

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2.2    Completion of Project.At Seller’s sole cost and expense, Seller shall complete the Installation of the Project as follows:

(a)    System Installation.Seller shall cause the Project Company to procure all Major Equipmentandothermaterialsandtakesuchotherstepsasarerequiredtoinstall,testandcomplete the Project and achieve all milestones under the EPC Contract and shall take all commercially reasonable actions to cause the Project to be Placed-in-Service, to achieve the “Commercial OperationDate”(asdefinedintheOfftakeAgreement)andthe“CommercialOperationDate”(as defined in the Interconnection Agreement), and to achieve Substantial Completion and Final Completion (the foregoing steps collectively being referred to herein as “Installation”), without further compensation or reimbursement from the Company. Major Equipment shall be procured solely pursuant to the EPC Contract and the Equipment Supply Contracts.Seller shall complete Installation of the Project in accordance with the EPC Contract, the Offtake Agreement, the Interconnection Agreement and all applicable manufacturer design specifications and warranties, Prudent Industry Practices and all Applicable Laws and Permits for the Project.Seller shall pay (orcausetobepaid)allamountsowedtoitscontractors,subcontractorsandvendorsinconnection with the Installation on a timely basis and shall indemnify and hold the Company and the Project Company harmless against any claims asserted by such parties. For the avoidance of doubt, the use of contractors or subcontractors by Seller shall in no way limit or relieve Seller of any of its duties, liabilities or obligations hereunder. Without limiting any obligations of Seller under this Agreement,beginningonthePurchaseDateuntilthedateonwhichFinalCompletionisachieved, theCompanyherebydesignates,makes,constitutesandappointsSeller(andallpersonsdesignated bySeller)as theProject Company’strueandlawfulattorneyand beneficiaryinfact,withascope ofauthoritylimitedtotherighttomanage,coordinate,andperformallresponsibilitiesof“Owner” or“ProjectCompany”,asapplicable,undertheConstructionContracts;provided,thatsuchrights shall be exercisable by Seller only in accordance with, and subject to the Construction Contracts and in accordancewith Prudent Industry Practices, but otherwisewithout noticeto theCompany. Sellershall deliver, orcauseto be delivered, to theCompany copies of all documents received in connection with Final Completion, including each milestone certificate received under the Construction Contracts.

(b)    Amendments; Change Orders.Without Company’s prior written consent, Seller shall not, and shall not permit the Project Company to, agree to any amendments or other modification of, or to any waiver of the Project Company’s rights or remedies under, any Major Project Contract, provided, however, no such consent shall be required to reflect changes in administrative procedures or internal policies if such changes do not materially and adversely affect the rights of the Project Company or the Company (e.g., updating notice address information).

(c)    Major Project Contracts.Seller shall be responsible for, and shall pay, all costsunderanyMajorProjectContract(includinganyContractthatceasestobeaMajorProject Contractduetothepartiestheretoperformingtheirmaterialnon-contingentobligationsthereunder) incurredpriortoorinconnectionwiththeachievementofFinalCompletionincludingany liquidated damages that may become due and payable under the Offtake

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Agreement as a result of any completion delays and shall pay the amount of any “punch list” items under the Construction Contracts.

2.3    ConditionsPrecedenttotheObligationstoPurchaseandMakeMCPayment. TheobligationoftheCompanytopurchasetheProjectCompanyandtopaytheMCPaymentshall be subject to the satisfaction of each of the conditions precedent set forth below:

(a)    (i) Mechanical Completion of the first circuit of Project and Mechanical Completion of the Project’s substation shall have been achieved; providedthat the MC Funding must occur prior to the date on which any portion of the Project has been placed in service for federalincometaxpurposes;(ii)SubstantialCompletionand“CommercialOperation”withinthe meaning of the Offtake Agreement and Interconnection Agreement shall be capable of being achieved by the Target SC Payment Date and (iii) the Company shall have received a certificate of the Independent Engineer, in the form attached hereto as Exhibit I-1;

(b)    With respect to each Inverter Block composing any part of such Project, none of clauses (b), (d) or (e) set forth in the definition of Placed-in-Service shall have been achieved or shall have occurred;

(c)    (i)NoMaterialAdverseEffectwithrespecttotheGuarantor,Seller,theCompany, theProjectCompany ortheProject shallhaveoccurred andis continuingand(ii)thereshallhave been no material adverse change in the ability to perform of a counterparty to a Major Project Contract;

(d)    Each of the representations and warranties of Seller set forth in this Agreement or anycertificatedeliveredinconnectionwiththisAgreementshallbetrueandcorrectinallmaterial respects as of the Purchase Date;

(e)    (i)Each Transaction Document (other than the Tax Credit Transfer Agreements) shall havebeen executed and delivered by all parties thereto, and shall be in full forceand effect, (ii)each of the Guarantor and Seller shall have performed its respective obligations under the TransactionDocumentstowhichsuchPersonispartytobeperformedpriortothePurchaseDate, and(iii)nosuchpartyshallbeindefaultof,andnoeventorcircumstanceshallhaveoccurredwith respecttoSelleroranyofitsAffiliatesthatwould,withthegivingofnoticeand/orthelapseof time, result in a default of, its respective obligations under any of the Transaction Documents to which such Person is a party;

(f)    (i)The Company shall have received true, correct and complete copies of each MajorProjectContract, (ii)eachMajorProjectContractshallbeinfullforceandeffectand,with respect to each Major Project Contract executed since the Execution Date and not previously approvedbytheCompany,shallbeinformandsubstancereasonablysatisfactorytotheCompany, (iii)theProjectCompanyshallhaveperformedinallmaterialrespectsitsobligationsundereach Major Project Contract to be performed prior to the Purchase Date and (iv) the Project Company shall not be in material default of any obligations under any such Major Project Contract and, no event or circumstance shall have occurred that would reasonably be expected to, with the giving

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ofnoticeand/orthelapse oftime, result in amaterial default of, its obligations underany ofsuch Major Project Contracts;

(g)    Any Contract applicable to the construction, operation or maintenance of the ProjectthatwasnotinthenameoftheProjectCompanyshallhavebeenassignedandtransferred totheProjectCompanyinamannerreasonablysatisfactorytotheCompany(unlesssuchContract is contemplated to be in the name of an Affiliate of the Project Company pursuant to the Transaction Documents and except for any credit support delivered by Guarantor or an Affiliate of Guarantor);

(h)    The Construction Loan Agreement and related loan documents shall have been executed and delivered by all parties thereto, and shall be in full force and effect, and no breach, defaultoranyotherevent,conditionorcircumstancehasoccurredthereunderorinrelationthereto thatpermits(orwouldpermitwithnoticeorthepassageoftime)thefinancingprovidersthereunder to cancel or terminate the Construction Loan Agreement or to terminate their commitments thereunder, or otherwise to exercise remedies thereunder.The financing providers party to the Construction Loan Agreement (or their agent) shall haveexecuted and delivered theForbearance Agreement, and the Forbearance Agreement shall be in full force and effect;

(i)    The Project Company shall have obtained or received all Permits required to have been obtained by it as of the Purchase Date for the installation, testing, construction, operation, ownership and use of the Project and the transactions contemplated hereby, as identified inPart I of Schedule 3.1(k), in form and substance reasonably satisfactory to the Company, and such Permits are in full force and effect, except as noted in Part I of Schedule 2 any express appeals periods set forth in the statutes and regulations governing issuance of such Permits have expired, and true, correct and complete copies thereof shall have been Made Available to the Company;

(j)    [Reserved]

(k)    The Company shall have received a Cost Seg/Appraisal Report (and, unless such report is directly addressed to the Company, a reliance letter from the Appraiser), in form and substance reasonably satisfactory to the Company;

(l)    The Company shall have received a bring-down of the Independent Engineer Report (and, unless such report is directly addressed to the Company, a reliance letter from the IndependentEngineer),and,totheextentnotincludedorattachedtotheIndependentEngineer Report,ageotechnicalreportfortheProject,ineachcaseinformandsubstancereasonably satisfactory to the Company;

(m)    The Company shall have received a bring-down of the Market Report and the TransmissionReport(and,unlesseachsuchreportisdirectlyaddressedtotheCompany,areliance letterfrom the applicable Consultant), in each casein form and substance reasonably satisfactory to the Company; provided, however, that to the extent the Market Report and the Transmission Report were each respectively provided no more than ninety (90) days prior to the date of MC Paymentandnomaterialchangehasoccurredtothefactsandcircumstancesrelevanttosuchreport that reasonably requires updating such report, this Section 2.3(m)shall be considered satisfied;

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(n)    The Company shall have received certificates of insurance or other evidence in form and substance reasonably acceptable to the Company demonstrating that the Project Company and the Project is covered by the insurance policies meeting the requirements of this Agreement and that such policies are in full force and effect;

(o)    TheCompanyshallhavereceivedabring-downoftheInsuranceConsultantReport (and,unlesssuchreportisdirectlyaddressedtotheCompany,arelianceletterfromtheInsurance Consultant,)informandsubstancereasonablysatisfactorytotheCompany;providedthatnosuch bring-down shall be required if less than ninety (90) days have elapsed since the date of the InsuranceConsultantReportprovidedasoftheExecutionDateor,ifapplicable,theMC Funding Date, and no material change has occurred to the facts and circumstances relevant to such report that reasonably requires updating such report;

(p)    (i) If the site visit, records review, lien search, environmental professional’s declaration and owner/operator interviews performed for the Environmental Report were conducted more than one hundred and eighty (180) days prior to the Purchase Date, then the CompanyshallhavereceivedabringdownofsuchEnvironmentalReport(and,unlesssuchreport isdirectlyaddressedtotheCompany,arelianceletterfromtheEnvironmentalConsultant)and(ii) if as of the Purchase Date one year or more has elapsed since the date of the site visit, records review, lien search, environmental professional’s declaration and owner/operator interviews performed for the Environmental Report, then the Company shall have received a new Phase I Environmental Site Assessment (and, unless such report is directly addressed to the Company, a reliance letter fromtheEnvironmentalConsultant),ineach case,compliant with,andnot expired under,theapplicableAmericanSocietyforTestingandMeasurements(ASTM)standard,inform and substance reasonably satisfactory to the Company;

(q)    The Company shall have received (i) an updated then-current ALTA Survey, includingtheasdesignedsiteplanasanoverlayoftheProjectshowingtheplannedlocationofthe improvements to be located on the Project Site based on as-built plans from the EPC Contractor in a form substantially similar to the ALTA Survey delivered on the Purchase Date (provided, however, an updated ALTA Survey will not be required on the MC Funding Date if the ALTA Survey provided on or before the Execution Date as required by Section 2.5(u)below is dated within60daysoftheMCFundingDate),and(ii)adatedownendorsementtotheTitlePolicy(or a date-down endorsement or similar endorsement or modification thereto), or an irrevocable commitment by the Title Company in the form of a closing instruction letter signed by the Title Company(informandsubstancereasonablysatisfactorytotheCompanyandtheInvestor),to issue the date down endorsement, which date down endorsement shall, among other things, (A) extendtheeffectivedateoftheTitlePolicytotheMCPaymentDate,(B)includeaNon-Imputation and Additional Insured endorsements in favor of the Company and the Investor and any other endorsementsfortheProjectSitereasonablyrequestedbytheCompanyandInvestor,eachacting reasonably and (C) a reference to the as-built ALTA Survey;

(r)    SellershallhaveMadeAvailabletotheCompanytheMCEstoppelCertificates,in the applicable forms attached hereto as Exhibit Jor otherwise in form and substance reasonably

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acceptabletotheCompany,fromeachrelevantcounterparty,tobedatedwithinthirty(30)daysof the Purchase Date.

(s)    TheCompanyshallhavereceivedtrue,correctandcompletecopiesofconditional or unconditional lien waivers, each complying with statutory requirements applicable thereto, executedbythecounterpartiestoeachConstructionContractforamountspreviouslypaidand,for conditional lien waivers, amounts then due thereunder;

(t)    There shall be no judgments or lawsuits, pending or threatened in writing, against any of the Guarantor, the Project Company, Seller or the Major Project Counterparties, in each case that would impede the construction or operation of the Project in accordance with any of its Major Project Contracts or any of the Transaction Documents;

(u)    (i)Neither the Project Company nor, any Major Project Counterparty shall have materially breached the Major Project Contracts where such breach remains uncured; and (ii)all required financial security required to be provided under the Major Project Contracts as of the Purchase Date shall have been delivered in accordance with such Major Project Contracts;

(v)    ThePurchaseDateoftheProjectshallbenotlessthanninety(90)dayspriortothe Commitment Expiration Date;

(w)    TotheextentthattheupdatedCostSeg/AppraisalReportprovidedtotheCompany pursuant to Section 2.3(k)incorporates any updates to the construction budget for the Project delivered to the Company pursuant to Section 2.5(g),the Company shall have received copies of a budget for the completion of construction of the Project, and an updated construction schedule andplanthatdemonstratesthattheProjectiswithinthebudget(orotherwisehassourcesoffunding topayanyexcessamounts)andthateachInverterBlockthatcomposestheProjectwillbeplaced in service for U.S. federal income tax purposes no later than the Target Expiration Date;

(x)    All amounts required to be paid by the Project Company as of the Purchase Date under any Major Project Contract shall have been or will be paid as of the Purchase Date, and, if anysuchamountsaresubjecttoabonafidedispute,anamountnotlessthantheamountsindispute shall have been retained by the Company (or otherwise reserved by the Project Company) for payment of such disputed amounts in a cash reserve account;

(y)    NoChangeinTax LaworProposedChangein TaxLawshallhaveoccurredsince the Execution Date that has not been appropriately reflected in the Cost Seg/Appraisal Report to the reasonable satisfaction of the Company;

(z)    TheInvestorshallhavereceivedataxopinionfromMilbankLLPoranother nationally-recognized Tax counsel selected by the Investor;

(aa)    TheCompanyshallhavereceivedfromSelleranexecutedcopyof(i)theBeginning ofConstructionBring-DownCertificate,and(iv)theEnergyCommunityBring-DownCertificate;

(bb)    NoChangeinApplicable LawEventshallhaveoccurred;

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(cc)    TheProjectCompanyandtheCompanyeachshallhavereceivedallmaterialthird-party consents and approvals, and shall have made all material filings with Governmental Authorities to develop, site, construct, operate and maintain the Project, in each case, required to be obtained or made as of the Purchase Date;

(dd)    No condemnation shall have occurred and be pending against the Project, and no Event of Loss shall have occurred and be continuing with respect to the Project;

(ee)    The Seller shall have delivered to the Company a properly executed IRS Form W-9;

(ff)    TheProjectCompanyandtheProjectshallbefreeandclearofallEncumbrances other than Permitted Liens, and the Company shall have received copies of recent Uniform Commercial Code, litigation, tax and bankruptcy search reports for the Seller, the Company, the Guarantor and the Project Company, and bankruptcy search reports for the Guarantor and such search reports shall be reasonably satisfactory to the Company;

(gg)    The purchase of the Project Company shall not cause the Company or any of its members (i) to become subject to, or not exempt from regulation as a “public utility” under the FPA(asthattermisdefinedinSection201(e)oftheFPA);exceptthattheProjectCompanymay besubjectto regulation asa“publicutility”(asthattermisdefinedin Section201(e)oftheFPA) with MBR Authority; (ii) to become subject to, or not exempt from regulatory provisions under PUHCAincludedwithintheexemptionsdescribedat18C.F.R.§366.3(a);(iii)tobecomesubject to rate regulation or financial or organizational regulation by the applicable State Regulatory Authorityunderapplicablestatelaw;or(iv)tobedeemeda“publicutility”underapplicablestate law;

(hh)    The Company shall have received a copy of the fully completed and executed Purchase Date Notice delivered in accordance with Section 2.1(c)(i);

(ii)    The Company shall have received a flow of funds memorandum in form and substancereasonablysatisfactorytoit,andtheSeller,oranAffiliatethereofontheirbehalf,shall havepaidorreimbursed,orwillpayorreimburseonthePurchaseDate,theTransactionExpenses (subject to any limitations in the Fee Letter) incurred on or before the Purchase Date;

(jj)    No claims, disputes, governmental investigations, suits, actions (including non-judicial real or personal property foreclosure actions), arbitrations, legal, administrative or other proceedings of any nature, domestic or foreign, criminal or civil, at law or in equity, shall have beeninstitutedorthreatenedinwritingandremainpending,ineachcasethathasareasonable likelihoodofsuccess,thatseektoimpair,restrainorprohibittheconsummationofthetransactions contemplated by the Transaction Documents;

(kk)    The Company shall have entered into term sheets with respect to the ITCs associated with the Project that contemplate entering into the Tax Credit Transfer Agreements;

(ll)    The Company shall have received bring-downs to the legal opinions delivered pursuant to Section 2.5(h)previously delivered in connection with the Execution Date relating to

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federal,stateandlocalpermittingmattersandfederalandstateenergyregulatorymatters,eachin form and substance reasonably satisfactory to the Company; and

(mm)    TheCompanyhasreceivedacertificateofadulyauthorizedrepresentativeofSeller datedasofthePurchaseDate,subjecttoanyknowledgeormaterialityqualifierscontainedtherein, certifying as to the satisfaction of the conditions precedent set forth in this Section 2.3.

2.4    ConditionsPrecedenttotheObligationstoMakeSCPayment.Theobligation oftheCompanytopaytheSCPaymentshallbesubjecttothesatisfactionofeachoftheconditions precedent set forth below:

(a)    (i) Each Inverter Block that composes such Project shall have been Placed-in-Service prior to January 1, 2026; (ii) Substantial Completion of the Project shall have been achieved; (iii) “Commercial Operation” under and as defined in the Offtake Agreements and InterconnectionAgreementshallhavebeenachieved;and(iv)theCompanyshallhavereceiveda certificate of the Independent Engineer, in the form attached hereto as Exhibit I-2;

(b)    (i)NoMaterialAdverseEffectwithrespecttotheGuarantor,Seller,theCompany, theProjectCompanyortheProjectshallhaveoccurredandiscontinuingand,(ii)thereshallhave been no material adverse change in the ability to perform of a counterparty to a Major Project Contract;

(c)    Each of the representations and warranties of Seller set forth in this Agreement or anycertificatedeliveredinconnectionwiththisAgreementshallbetrueandcorrectinallmaterial respects as of the SC Payment Date;

(d)    (i)EachTransactionDocumentshallremaininfullforceandeffect,(ii)eachofthe Guarantor and the Seller shall have performed its respective obligations under the Transaction DocumentstowhichsuchPersonispartytobeperformedpriortotheSCPaymentDate,and (iii) no such party shall be in default of, and, no event or circumstance shall have occurred with respect to Seller or any of its Affiliates that would, with the giving of notice and/or the lapse of time, result in a default of, its respective obligations under any of the Transaction Documents to which such Person is a party;

(e)    (i)The Company shall have received true, correct and complete copies of each MajorProjectContract, (ii)eachMajorProjectContractshallbeinfullforceandeffectand,with respect to each Major Project Contract executed since the Purchase Date and not previously approvedbytheCompany,shallbeinformandsubstancereasonablysatisfactorytotheCompany, (iii)the Project Company shall have performed in all material respects its obligations under each MajorProjectContracttobeperformedpriortotheSCPaymentDateand(iv)theProjectCompany shall not be in material default of any obligations under any such Major Project Contract and, no event or circumstance shall have occurred with respect to the Project Company that would reasonably be expected to, with the giving of notice and/or the lapse of time, result in a material default of, its obligations under any of such Major Project Contracts;

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(f)    The Company shall have received reasonably satisfactory evidence that the obligations and liabilities (other than contingent liabilities for indemnification or reimbursement thatpursuanttothetermsoftheConstructionLoanAgreementexpresslysurvivesuchrepayment) oftheCompanyandtheProjectCompanyundertheConstructionLoanAgreementandallrelated loandocumentswillbepaidanddischarged(orreleased)infull,andtheliensandsecurityinterests encumberingtheProjectoranyassetsorpropertiesoftheProjectCompanyoranyequityinterests in the Project Company securing any obligations under the Construction Loan Agreement or the related loan documents will be released, on the SC Payment Date as evidenced by a payoff letter in the form attached hereto as Exhibit L;

(g)    The Project Company shall have obtained or received all Permits required to have been obtained or received by it as of the SC Payment Date for the construction, operation and ownership of the Project and the transactions contemplated hereby, as identified in Part I of Schedule3.1(k),informandsubstancereasonablysatisfactorytotheCompany,andsuchPermits areinfullforceandeffect,exceptasnotedinPartIofSchedule2anyexpressappealsperiodsset forth in the statutes and regulations governing issuance of such Permits have expired, and true, correct and complete copies thereof shall have been Made Available to the Company;

(h)    [Reserved];

(i)    The Company shall have received a bring-down Cost Seg/Appraisal Report (and, unless such report is directly addressed to the Company, a reliance letter from the Appraiser), in form and substance reasonably satisfactory to the Company;

(j)    The Company shall have received a bring-down of the Independent Engineer Report (and, unless such report is directly addressed to the Company, a reliance letter from the Independent Engineer), in form and substance reasonably satisfactory to the Company;

(k)    The Company shall have received a bring-down of the Market Report and the TransmissionReport(and,unlesseachsuchreportisdirectlyaddressedtotheCompany,areliance letterfrom the applicable Consultant),ineach caseinformand substance reasonablysatisfactory to the Company;

(l)    TheCompanyshallhavereceivedabring-downoftheInsuranceConsultantReport (and,unlesssuchreportisdirectlyaddressedtotheCompany,arelianceletterfromtheInsurance Consultant),informandsubstancereasonablysatisfactorytotheCompany;providedthatnosuch bring-down shall be required if less than ninety (90) days have elapsed since the date of the InsuranceConsultantReportprovidedasoftheExecutionDateor,ifapplicable,theMC Funding Date,andtheInsuranceConsultantprovidesawrittencertificationthatthefactsandcircumstances (includingunderlyingassumptions)ofsuchreporthavenotchangedinawaythatwouldmaterially alter the conclusions of such report;

(m)    The Company shall have received certificates of insurance or other evidence in form and substance reasonably acceptable to the Company, demonstrating that the Project Company and the Project is covered by the insurance policies meeting the requirements of this Agreement;

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(n)    (i) If the site visit, records review, lien search, environmental professional’s declaration and owner/operator interviews performed for the Environmental Report were conducted more than one hundred eighty (180) days prior to the SC Payment Date, then the CompanyshallhavereceivedabringdownofsuchEnvironmentalReport(and,unlesssuchreport isdirectlyaddressedtotheCompany,arelianceletterfromtheEnvironmentalConsultant)and(ii) if as of the SC Payment Date one year or more has elapsed since the date of the site visit, records review, lien search, environmental professional’s declaration and owner/operator interviews performed for the Environmental Report, then the Company shall have received a new Phase I Environmental Site Assessment (and, unless such report is directly addressed to the Company, a reliance letter fromtheEnvironmentalConsultant),ineach case,compliant with,andnot expired under,theapplicableAmericanSocietyforTestingandMeasurements(ASTM)standard,inform and substance reasonably satisfactory to the Company;

(o)    The Company shall have received (i) a date down endorsement to the Title Policy (or a date-down endorsement or similar endorsement or modification thereto) or an irrevocable commitment by the Title Company in the form of a closing instruction letter signed by the Title Company (in form and substance reasonably satisfactory to the Company and the Investor), to issue the date down endorsement, which date down endorsement shall, among other things, (A) extend the effective date of the Title Policy to the SC Payment Date, (B) include a Form endorsementtotheTitlePolicyincreasingtheinsuredamountoftheTitlePolicyto$296,564,233, asmutuallyagreeduponbyCompanyandtheInvestorandanyotherendorsementsfortheProject Site reasonably requested by the Company and Investor, each acting reasonably, and (C) a reference to the as-built ALTA Survey; and (ii) an as-built ALTA Survey in a form substantially similar to the ALTA Survey delivered in accordance with Section 2.3(q) above, showing actual thelocations ofany as-built improvements located on theProject Siteand confirming that theas-builtlocationsofanyimprovementsinstalledontheProjectSiteasoftheSCPaymentDatearein substantially the same locations as shown on the ALTA Survey delivered in accordance with Section 2.3(q) above. Within ninety (90) days following the SC Funding Date, the Company and Investor shall have received a copy of a final post-construction as-built ALTA Survey for the ProjectSiteshowingtheactuallocationoftheimprovementsasconstructedontheProjectSite,in formandsubstancereasonablysatisfactorytotheCompany.Withinonehundredandeighty(180) daysfollowingtheSCFundingDate,theCompanyshallreceiveacopyofanadditionaldatedown Endorsement totheTitlePolicyremovingthegeneral/promulgatedmechanic’slienexceptionfrom the Title Policy;

(p)    Seller shall have Made Available to the Company the SC Estoppel Certificates, in the applicable forms attached hereto as Exhibit Ior otherwise in form and substance reasonably acceptabletotheCompany,fromeachrelevantcounterpartytobedatedwithinthirty(30)daysof the SC Payment Date.

(q)    TheCompanyshallhavereceivedtrue,correctandcompletecopiesofconditional orunconditionallienwaivers,eachcomplyingwithstatutoryrequirementsapplicablethereto, executedbythecounterpartiestoeachConstructionContractforamountspreviouslypaidand,for conditional lien waivers, amounts then due thereunder;

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(r)    The Company shall have received bring-downs to the legal opinions delivered pursuant to Section 2.5(h) previously delivered in connection with the Execution Date relating to federal,stateandlocalpermittingmattersandfederalandstateenergyregulatorymatters,eachin form and substance reasonably satisfactory to the Company;

(s)    To the extent there are any (i) new facts or (ii) changes to the Applicable Law, in each case, following the MC Funding Date that could reasonably be expected to affect the conclusionsinthetaxopinionfromMilbankLLPdeliveredontheMCFundingDateorExecution Date, the Investor shall have received a tax opinion from Milbank LLP or another nationally-recognized Tax counsel selected by the Investor;

(t)    TheCompanyshallhavereceivedfromSelleranexecutedcopyof(i)theBeginning ofConstructionBring-DownCertificate,and(iv)theEnergyCommunityBring-DownCertificate;

(u)    There shall be no judgments or lawsuits, pending or threatened in writing, against any of the Guarantor, the Project Company, Seller or the Major Project Counterparties, in each casethatcouldimpedetheconstructionoperationoftheProjectinaccordancewithanyofitsMajor Project Contracts or any of the Transaction Documents;

(v)    Neither the Project Company nor, any Major Project Counterparty shall have materially breached the Major Project Contracts where such breach remains uncured; and all requiredfinancialsecurityrequiredtobeprovidedundertheMajorProjectContractsasoftheSC Payment Date shall have been delivered in accordance with such Major Project Contracts;

(w)    All amounts required to be paid by the Project Company as of such SC Payment Dateunderany MajorProject Contract shall havebeen orwill bepaid as oftheSCPayment; and if any such amounts are subject to a bona fide dispute, an amount not less than the amounts in disputeshallhavebeenretainedbytheCompany(orotherwisereservedbytheProjectCompany) for payment of such disputed amounts;

(x)    No Change in Tax Law or Proposed Change in Tax Law shall have occurred that hasnotbeenappropriatelyreflectedintheCostSeg/AppraisalReporttothereasonablesatisfaction of the Company;

(y)    NoChangeinApplicable LawEventshallhaveoccurred;

(z)    The Project Company and Seller shall have received all material third-party consentsandapprovals,andshallhavemadeallmaterialfilingswithGovernmentalAuthoritiesto develop, site, construct, operate and maintain the Project, in each case, required to beobtained or made as of the SC Payment Date;

(aa)    No condemnation shall have occurred and be pending against the Project, and no Event of Loss shall have occurred and be continuing with respect to the Project;

(bb)    The Project Company and the Project shall be free and clear of all Encumbrances other than Permitted Liens, and the Company each shall have received copies of recent Uniform

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Commercial Code, litigation, tax and bankruptcy search reports for the Seller, the Company and the Project Company, and bankruptcy search reports for the Guarantor and such search reports shall be reasonably satisfactory to the Company;

(cc)    The Company shall have received a copy of the fully complete and executed SC Payment Date Notice delivered pursuant to Section 2.1(d)(i);

(dd)    The Company shall have received a flow of funds memorandum in form and substance reasonably satisfactory to it and the Seller, or an Affiliate thereof on their behalf, shall have paid or reimbursed, or will pay or reimburse on the SC Payment Date, the Transaction Expenses(subjecttoanylimitationsintheFeeLetter)incurredonorbeforetheSCPaymentDate by the Company;

(ee)    No claims, disputes, governmental investigations, suits, actions (including non-judicial real or personal property foreclosure actions), arbitrations, legal, administrative or other proceedings of any nature, domestic or foreign, criminal or civil, at law or in equity, shall have been instituted or threatened in writing and remain pending, in each case that has a reasonable likelihoodofsuccess,thatseektoimpair,restrainorprohibittheconsummationofthetransactions contemplated by the Transaction Documents;

(ff)    Tax Credit Transfer Agreement(s) with respect to all ITCs associated with the Project and a parent guaranty from a parent of the Sponsor in favor of the purchaser under such Tax Credit Transfer Agreement(s), in each case, be in form and substance acceptable to the Company in its sole discretion (provided that the payment dates for the portion of proceeds representingtheClassATCTAProceedsAmountundereachTaxCreditTransferAgreementshall be no earlier than two (2) weeks following the SC Funding Date), shall have been executed and deliveredbyallpartiesthereto,andshallbeinfullforceandeffect,and,nobreach,defaultorany other event, condition or circumstance shall have occurred thereunder or in relation thereto that permits(orwouldpermitwithnoticeorthepassageoftime)thecounterpartytocancelorterminate such Tax Credit Transfer Agreement(s) or parent guaranty or to terminate the counterparty’s obligations thereunder;

(gg)    The Company shall have received a certificate of a duly authorized representative of Seller, subject to any knowledge or materiality qualifiers contained therein, dated as of the SC PaymentDatecertifyingastothesatisfactionofthe conditionsprecedentsetforthinthisSection 2.4; and

(hh)    TheCompanyshallhave receivedan ITC InsurancePolicyandan endorsementto addtheCompanyasanamedinsuredthereunderthatissatisfactorytotheCompany,eachofwhich shall be in full force and effect, with insurance companies rated “A” or better, with a minimum size rating “X” as determined by A.M. Best, “A” or better by Standard and Poor’s, an equivalent rating by another nationally recognized insurance rating agency of similar standing or other companies satisfactory to the Company.

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2.5    Conditions Precedent to Effectiveness. The effectiveness of this Agreement is subject to thesatisfaction orwaiverby theapplicableParty ofthefollowing conditions precedent on or prior to the Execution Date:

(a)    The Company shall have received duly executed and complete copies of each Transaction Document (other than the Membership Interest Assignment Agreement and the Tax CreditTransferAgreement(s)withrespecttotheITCsassociatedwiththeProject,andinsteadthe CompanyshallhavereceivedaworkingdrafttermsheetforthesaleofsuchITCs),andnobreach, defaultoranyotherevent,conditionorcircumstanceshallhaveoccurredthereunderorinrelation theretothatpermits(orwouldpermitwithnoticeorthepassageoftime)thecounterpartytocancel or terminate any such Transaction Document or to terminate the counterparty’s obligations thereunder;

(b)    Each of the representations and warranties of Seller and of the Company set forth in this Agreement or in any certificate delivered in connection with this Agreement shall be true and correct, in each case as of the Execution Date;

(c)    No claims, disputes, governmental investigations, suits, actions (including non-judicial real or personal property foreclosure actions), arbitrations, legal, administrative or other proceedings of any nature, domestic or foreign, criminal or civil, at law or in equity, shall have been instituted or threatened in writing and remain pending, in each case that has a reasonable likelihoodofsuccess,thatseektoimpair,restrainorprohibittheconsummationofthetransactions contemplated by the Transaction Documents;

(d)    [Reserved];

(e)    TheCompanyhavereceived(i)anunauditedbalancesheetoftheProjectCompany in form and substance reasonably acceptable to the Company, (ii) audited consolidated financial statements oftheGuarantor, to theextent such statements arenot publicly available, forthe2024 fiscalyear(includingabalancesheet,statementofincome(orloss),andstatementofcashflows), and(iii)themostrecentunauditedquarterlyconsolidatedfinancialstatementsoftheGuarantor,to the extent such statements are not publicly available, for the fiscal quarter ended June 30, 2025, (including a balance sheet, statement of income (or loss), and statement of cash flows).

(f)    (i)The Company shall have received true, correct and complete copies of each MajorProject Contract, (ii)each MajorProject Contract shall bein full forceand effect and shall beinformandsubstancereasonablysatisfactorytotheCompany,(iii)theProjectCompanyshall have performed in all material respects its obligations under each Major Project Contract to be performedpriortotheExecutionDateand(iv)theProjectCompanyshallnotbeinmaterialdefault ofanyobligationsunderanysuchMajorProjectContractand,noeventorcircumstanceshallhave occurred that would reasonably beexpected to, with thegiving ofnoticeand/orthelapseoftime, result in a material default of, its obligations under any of such Major Project Contracts;

(g)    The Company shall have received (i) copies of a budget for the completion of constructionoftheProject,andaconstructionscheduleandplanthatdemonstratesthattheProject iswithinthebudgetandthateachInverterBlockthatcomposestheProjectwillbeplacedinservice

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forU.S.federalincometaxpurposesnolaterthantheTargetSCPaymentDate(ii)evidence reasonably satisfactory to the Company that Seller has sufficient funds available to it to achieve Substantial Completion by its the Target SC Payment Date;

(h)    The Company shall have received the following legal opinions, each in form and substancesatisfactory to theCompany: (i) alegal opinion ofHolland & Knight LLP with respect to theenforceability of each ofthe Transaction Documents to which any SponsorParty is aparty and as to such other corporate matters as are customarily included in similar opinions, (ii) a legal opinionofRockCreekEnergyGroup,LLPwithrespecttofederalenergyregulatorymatters,and (iii) a legal opinion of Croke Fairchild Duarte & Beres LLC with respect to Illinois state energy regulatory and federal, state and local permitting matters;

(i)    The Investor shall have received a tax opinion from Milbank LLP or another nationally-recognized Tax counsel selected by the Investor;

(j)    TheCompanyshallhavereceivedacertificatefromanauthorizedsignatoryofeach SponsorParty,certifying,asoftheExecutionDate,tosuchSponsorParty’sincumbentauthorized signatories,limitedliabilitycompanyagreement (provided,however,thattheGuarantorshallnot provideacopyofitslimitedliabilitycompanyagreement),certificateofformation,goodstanding, and due authorization;

(k)    All material consents, approvals and filings required to consummate the Transaction Documents shall have been obtained;

(l)    The Company shall have received from each of the Sponsor Parties the documentation and other information reasonably requested by the Company in connection with applicable “know your customer” rules and other Anti-Terrorism and Money Laundering Laws andRegulations(including,ifrequestedbytheCompany,aBeneficialOwnershipCertificationin relation to such Sponsor Party);

(m)    The Seller, or an Affiliate thereof on the Seller’s behalf, shall have paid in full, or will pay in full no later than five (5) Business Days after the Execution Date, the Transaction Expenses incurred by the Company on or before the Execution Date;

(n)    The Company shall have received certificates of insurance or other evidence in formandsubstancereasonablyacceptabletotheCompany,demonstratingthattheProjectandthe ProjectCompanyiscoveredbytheinsurancepoliciesmeetingtherequirementsofthisAgreement and that such policies are in full force and effect;

(o)    TheCompanyshallhavereceivedfromSelleranexecutedcopyof(i)theBeginning of Construction Certificate,and (iv) the Energy Community Certificate;

(p)    The Company shall have received the Cost Seg/Appraisal Report (including the cost segregation analysis and, unless such report is directly addressed to the Company, a reliance letter from the Appraiser), in form and substance reasonably satisfactory to the Company;

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(q)    The Company shall have received the Independent Engineer Report (and, unless suchreportisdirectlyaddressedtotheCompany,arelianceletterfromtheIndependentEngineer), in form and substance satisfactory to the Company;

(r)    TheCompanyshallhavereceivedtheMarketReportandtheTransmissionReport (and, unless each such report is directly addressed to the Company, a reliance letter from the applicableConsultant),ineachcaseinformandsubstancereasonablysatisfactorytotheCompany;

(s)    The Company shall have received the Insurance Consultant Report (and, unless suchreportisdirectlyaddressedtotheCompany,arelianceletterfromtheInsuranceConsultant), in form and substance satisfactory to the Company;

(t)    The Company shall have received the Environmental Report with respect to the Project (and, unless such report is directly addressed to the Company, a reliance letter from the Environmental Consultant), in form and substance satisfactory to the Company; and

(u)    The Company shall have received (i) a then-current ALTA Survey updated to be certified to the Company, including an overlay of the as-designed Project showing the planned locationoftheimprovementstobelocatedontheProjectSiteand(ii)theTitlePolicyorabinding commitment from the title company to issue the Title Policy (or a date-down endorsement or similar endorsement or modification thereto), in each case, in form and substance acceptable to the Company.

2.6    SiteAccess.TheCompanyagreesthatSelleranditsauthorizedagents,employees andsubcontractorsshallhaveanon-exclusivelicensetoaccesstheProjectforthepurposeofSeller performingitsobligationsunderthisAgreement,andanyotherapplicableTransactionDocument. Seller hereby accepts such access license and further accepts the conditions at the Project Site as they exist and acknowledges that Company has no obligation to grant Seller additional access rights or to change the conditions at the Project Site.

ARTICLE 3

REPRESENTATIONSANDWARRANTIES

3.1    RepresentationsandWarrantiesofSeller.Sellerrepresentsandwarrantstothe Company as of the Execution Date, the Purchase Date, and the SC Payment Date, as follows, providedthat any representation and warranty set forth in this Section 3.1that is expressly stated to be made only as of a specified date shall be made solely as of such specified date:

(a)    OrganizationandGoodStanding.Seller,theProjectCompanyandGuarantoreach is a limited liability company, duly formed, validly existing and in good standing under the laws ofitsstateofformationororganizationandhasallrequisitepowerandauthoritytoown,leaseand operate its business as currently conducted, and is duly qualified, registered or authorized to do business and is in good standing (or its equivalent) under the laws of each jurisdiction that its business,ascurrentlybeingconducted,shallrequireittobesoqualified.TheProjectCompanyis dulyqualifiedtodobusinessandisingoodstanding(oritsequivalent)underthelawsofthestate in which its Project is located.

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(b)    AuthorizationandExecution.Seller,theProjectCompanyandGuarantoreachhas fullpowerandauthorityto(i)carryonitsbusinessasnowbeingconductedand,withoutregardto any change in law occurring after the date hereof, as proposed to be conducted by it under this Agreement and (ii) execute and deliver, and perform its obligations under, this Agreement, the otherTransactionDocumentsandtheMajorProjectContractstowhichitisapartyandto consummate the transactions contemplated hereby and thereby.The execution and delivery by Seller, the Project Company or Guarantor of this Agreement, the other Transaction Documents andtheMajorProjectContractstowhichitisapartyandtheconsummationbysuchPersonofthe transactions contemplated hereby and thereby have been duly and validly authorized by all necessary company action required on the part of such Person.This Agreement, the other TransactionDocumentsandtheMajorProjectContractstowhichSeller,theProjectCompanyor Guarantor is a party have been duly and validly executed and delivered by each such Person, as applicable.

(c)    No Violation.The execution and delivery by Seller, the Project Company or GuarantoroftheTransactionDocumentstowhichitisapartydonot,andtheperformancebyeach such Person of its respective obligations thereunder, does not, (i) violate any Applicable Law, or violate any judgments, settlements, orders, decrees, injunctions and writs of any Governmental AuthorityhavingjurisdictionoversuchPerson,(ii)conflictwithorcauseabreachorviolationof any provision in the organizational documents of such Person, as applicable, (iii) cause a breach or constitute a default of any material obligations under, cause the acceleration of, create in any counterparty the right to accelerate, terminate, modify in any material respect or cancel any contract, note, bond, mortgage, indenture, agreement, license, intellectual property licenses or rights, instrument, decree, judgment or other arrangement to which such Person is party or under which such Person is bound or to which any of its material assets are subject (or result in the imposition of an Encumbrance upon any such assets), and, in the case of the Project Company, any other contract or agreement to which the Project Company is a party or is otherwise subject, or(iv)requireanyconsent,approvalorauthorizationfrom,filingorregistrationwith,ornoticeto, any Governmental Authority orotherPerson, unless such requirement has already been satisfied.

(d)    No Consent.All consents, approvals and filings then required to be obtained or madebySeller,theProjectCompanyorGuarantortoexecute,deliverandperformtheTransaction Documentstowhichitisapartyhavebeenobtainedormadeandareinfullforceandeffect,except, in each instance.

(e)    LegalProceedings.Therearenopendingorthreatenedinwriting,claims,disputes, governmental investigations, suits, actions (including non-judicial real or personal property foreclosure actions), arbitrations, legal, administrative or other proceedings of any nature, domesticorforeign, criminalorcivil, atlaworin equity,byoragainstorotherwiseaffectingany of the Project Company, Seller, Guarantor or the Project, in each case, which (A) questions the enforceability or validity of the Transaction Documents, (B) would reasonably be expected to impedetheabilityofsuchPersontoconsummatethetransactionscontemplatedbytheTransaction Documents or perform its obligations hereunder and thereunder, or (C) would reasonably be expected to impede (1) the acquisition by the Company of the Project Company or (2) the ownership and operation by the Project Company of the Project.

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(f)    Transaction Documents.Each of the Transaction Documents to which Seller, the ProjectCompanyorGuarantorisapartyconstitutesthelegal,validandbindingobligationofsuch Person,enforceableagainstsuchPersoninaccordancewithitsterms,exceptasenforcementmay be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting creditors’ rights generally and by general principles of equity (regardless of whether consideredinaproceedinginequityoratlaw).NoneoftheSponsorPartiesnor,totheKnowledge of Seller, any other party to a Transaction Document has breached any provision of, or defaulted under the terms of, any Transaction Document to which such Person is a party, which breach or default remains uncured and, to the Knowledge of Seller, no event or circumstance has occurred that would, with the giving of notice and/or the lapse of time, result in a breach or default of any material obligations of such party thereunder.

(g)    MajorProjectContracts.

(i)    Each of the Major Project Contracts set forth on Schedule 3.1(g)is in full force and effect, and is enforceable against the Project Company and the counterparty theretoinaccordancewithitsterms,exceptasenforceabilitymaybelimitedbyapplicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting creditors’ rightsgenerallyandbygeneralprinciplesof equity(regardlessofwhether consideredina proceedinginequityoratlaw).OtherthananycompletiondelaysunderanyMajorProject Contract (written notice of which delays has been provided to the Company) that do not permitterminationofsuchMajorProjectContractbythecounterpartythereto,neitherthe Project Company nor, to the Knowledge of Seller, any other party thereto has materially breached, or defaulted with respect to, any obligations in such Major Project Contract, which such material breach or default remains uncured, and, to the Knowledge of Seller, noeventorcircumstancehasoccurredthatwould,withthegivingofnoticeand/orthelapse of time, result in a material breach or default of any obligations of such party or an event of force majeure thereunder.

(ii)    There are no services, materials or rights required for the construction, operationormaintenanceoftheProjectinaccordancewiththeTransactionDocumentsand Major Project Contracts other than those (A) available or to be provided under the Major Project Contracts or (B) that can reasonably be expected to be commercially available on commercially reasonable terms at or before the time when such services, materials and rights are needed.

(iii)    Sellerhaspaid,orcausedtobepaid,allcostsandexpensesdueandpayable related to the Project (for purposes of clarity, subject to any applicable offsets, credits, or otheradjustmentsundertheMajorProjectContracts)asofsuchdate.TheProjectCompany is not liable for any Indebtedness, other than, solely prior to the SC Payment Date, ConstructionIndebtedness.AsoftheSCPaymentDate,allConstructionIndebtednesshas been repaid in full or converted to term debt prior to such SC Payment Date, or is being fully repaid or converted to term debt concurrently with such SC Payment Date, and in either case any Encumbrances, except for Permitted Liens, on any Assets of the Project Company or any Equity Interests in the Project Company have been or are concurrently

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being released in full.As of the Purchase Date, there are no credit support obligations, including letters of credit, cash collateral, guarantees or similar obligations, to which the Project Company orthe Project is subject, orwhich havebeen issued forits benefit, other than credit support obligations issued pursuant to a Major Project Contract or Permit, the true,correctandcompletecopiesofwhichcreditsupportinstrumentswereMadeAvailable to the Company prior to such date.

(iv)    Except for the Transaction Documents, the Major Project Contracts, there are no existing Contracts between (i) the Project Company on the one hand and (ii) any Affiliate of any Sponsor Party on the other hand.

(v)    OnorbeforetheExecutionDate,atrue,correctandcompletecopyofeach Major Project Contract has been provided to the Company.

(vi)    Seller is not a party to any Contracts related to the Project other than (A) the Transaction Documents being executed by the Seller contemporaneously with the Execution Date, (B) loan documents executed in connection with the Construction Loan Agreement, (C) prior to the Purchase Date, the limited liability company operating agreement of the Project Company, and (D) Contracts with third-party consultants in connection with certain reports and related items contemplated to be delivered under the TransactionDocuments.WithrespecttotheProject,Sellerhasnodebtsorotherliabilities (including contingent liabilities) other than those described in clauses (A) through (D) above.

(h)    Compliance with Applicable Laws.The Project Company and Seller each is in compliance in all material respects with all Applicable Laws (excluding Tax laws that are addressedseparatelyherein),and,fromthedateofformationoftheProjectCompany,itsbusiness has been conducted in compliance in all material respects with all Applicable Laws; provided, however, that, in each case, compliance with applicable Economic Sanctions Laws and Regulations,applicable TradeControlsLawsand Regulations,applicable Anti-Briberyand Anti-Corruption Laws and Regulations, and applicable Anti-Terrorism and Money Laundering Laws and Regulations shall be in all respects.None of the Sponsor Parties or any of their Subsidiaries or any of their respective directors, officers or, to Seller’s knowledge, employees, agents or Affiliates (A) are Sanctioned Persons or (B) in connection with the Project, are or have been, in thepastfive(5)years,thesubjectofanyinvestigation,claim,action,proceeding,litigationorother compliance issue with regard to any violation of applicable Economic Sanctions Laws and Regulations,applicable TradeControlsLawsand Regulations,applicable Anti-Briberyand Anti-CorruptionLawsandRegulationsorapplicableAnti-TerrorismandMoneyLaunderingLawsand Regulations.

(i)    [Reserved].

(j)    Information.The written information(otherthan projectionsand forward looking information)(i)furnishedbySelleroritsAffiliatestotheCompany,itsmembers,andeachoftheir respective consultants, advisors and attorneys in connection with the Project or the transactions contemplated by the Transaction Documents, including information Made Available in the Data

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Room, and (ii) furnished by Seller or its Affiliates to the Consultants in connection with the respective reports prepared by each such Consultant (all such information, the“Information”), is, in each case, true, complete and correct in all material respects and does not omit any material informationnecessarytomakesuchinformationnotadverselymisleadingwhentakenasawhole (includingallotherinformationwhichhaspreviouslybeenMadeAvailableorotherwiseprovided to the Company by or on behalf of a Sponsor Party or its Affiliates) in light of the circumstances underwhichitisprovidedandasofthedatewhenmadeorprovided;provided,that,no representationorwarrantyismadewithregardtoprojectionsorotherforward-lookingstatements provided by or on behalf of Seller.

(k)    Permits.All Permits required to be obtained by or on behalf of the Project Company under the Transaction Documents, the Major Project Contracts or Applicable Law, or otherwisetosite,install,construct,test,own,operateandusetheProject,togenerateandtosupply electricity and, to the extent applicable, capacity and ancillary services for sale under the Offtake AgreementsandotherwisearelistedinSchedule 1.AsofthePurchaseDateandSCPaymentDate, Part I of Schedule 3.1(k)lists all Permits required to have been obtained as of that stage of development of the Project, and, as of each such date, respectively, such Permits have been transferred to or are in the name of the Project Company, are in full force and effect, except as noted in Part I of Schedule 2 any express appeals periods set forth in the statutes and regulations governing issuance of such Permits have expired, and do not contain any conditions that would reasonably be expected to materially and adversely affect the ability of the Project Company to perform its obligations under any Major Project Contract.No Sponsor Party has received written notice from any Governmental Authority regarding any modification, injunction, revocation, withdrawal, suspension, cancellation or termination of or challenge to any such Permit, except where such modification, injunction, revocation, withdrawal, suspension, cancellation, termination, or challenge would not materially adversely affect the Project Company’s ability to perform its obligations and obtain its benefits under the Major Project Contracts or the Company’s ability to claimtaxcredits,depreciationdeductionsandothertaxbenefitsinconnectionwiththeProject.As of the Purchase Date and SC Payment Date,Part IIof Schedule 3.1(k)sets forth those Permits thatarenotyetrequiredinlightofthecurrentstageoftheprojectand,asofthePurchaseDateand SC Payment Date, no Sponsor Party has reason to believe that any Permit listed in Part IIof Schedule 1will not be timely obtained in the Ordinary Course of Business on commercially reasonable terms, prior to the time the same is required under Applicable Law.Each Permit requiredunderApplicableLaw fortheProject Companytoconduct itsbusinessasproposedtobe conducted under the Transaction Documents (i) has been obtained and is in full force and effect, except as noted in Part I of Schedule 2 any express appeals periods set forth in the statutes and regulationsgoverningissuanceofsuchPermithaveexpired,andatrue,correctandcompletecopy of such Permit has been provided to the Company or (ii) solely as of the Execution Date, has not yet been obtained because such Permit is not, as of the Execution Date, required under any Applicable Law to be obtained until a future date and, to the Knowledge of Seller, such Permit is reasonably likely to be obtained by the Company on commercially reasonable terms before the date that such Permit is required.Neither Seller nor the Project Company has received written notice from any Governmental Authority regarding any modification, injunction, revocation, withdrawal, suspension, cancellation or termination of or challenge to any such Permit.

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(l)    Warranties.All warranties from the manufacturers of any Major Equipment incorporated into or thatare part of the Project and all warranties from the EPC Contractor are in full force and effect in all material respects, and each such warranty is enforceable by the Project Company in accordance with its terms (except as to warranties with respect to manufacturers’ warrantieswrappedbytheEPCContractorundertheEPCContractwhichareenforceableagainst the EPC Contractor directly or, prior to the SC Funding Date, that have not yet been assigned by the EPC Contractor to the Project Company).

(m)    Title;EquityInterests;PersonalProperty.

(i)    Seller has good and valid title to all of its Assets and the Project Site, free and clear of all Encumbrances other than Permitted Liens.

(ii)    AsoftheExecutionDateandimmediatelypriortotheconsummationofthe sale of the Acquired Interests contemplated by this Agreement, Seller is the only member of the Project Company.

(iii)    As of the Purchase Date, immediately prior to giving effect to the transactions to occur on such Purchase Date, (1) Seller has good title to, and is the owner of, the Equity Interests in theProject Company, free and clear of all Encumbrances, other than Permitted Liens, and (2) the Project Company has good and indefeasible title to,and istheownerof,theProject,freeandclearofallEncumbrances,otherthanPermittedLiens. Upon execution of the Membership Interest Assignment Agreement, the legal and beneficial title to the Equity Interests of Project Company purchased pursuant to this Agreement passes from Seller to the Company.

(iv)    TheProject Company does not own, and has notowned, any capital stock, security, partnership interest or other equity interest of any kind in any corporation, partnership, limited liability company, joint venture, association or other entity.

(n)    Intellectual Property.Seller does not own any intellectual property. The Project Companyownsorhasavalidlicensetoallintellectualpropertythatisnecessarytoinstall,operate andmaintainitsProject,andtherearenopendingor,totheKnowledgeofSeller,threatened,claims, actions, judicial or other adversary proceedings, or disputes concerning any item of such intellectual property.Neither the Company nor the Project Company has received any written notice of infringement or misappropriation from any third party with respect to any intellectual property.

(o)    RealPropertyRights.TherealpropertydescribedintheRealPropertyDocuments isalltherealpropertythatisreasonablynecessaryfor,andtherealestateinterestsdescribedinthe Real Property Documents are all of the real estate interests necessary for the construction, installation,operationandmaintenanceoftheProjectas contemplatedintheALTASurvey,Title Policy, and/or date down endorsement to the Title Policy to be delivered to the Project Company pursuant to Section 2.4(o), forthefull economicuseful lifeoftheProject, as reflected in theCost Seg/Appraisal Report, and for the performance and enforcement of all of the Project Company’s rights,remediesandobligationsundertheMajorProjectContracts.NeitherSellernortheProject

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Companyhasbeeninformedinwritingbyanyownerorlessoroftherealpropertyassociatedwith suchRealPropertyDocumentsthattheProjectCompanyisinbreachofitsobligationsthereunder or that any such Real Property Documents have been challenged or terminated.The Project CompanyhasagoodandmarketableleaseholdandeasementinterestintheProjectSiteunderand pursuanttotheapplicableRealPropertyDocuments,freeandclearofallEncumbrancesotherthan Permitted Liens. No crossing arrangements or subordination agreements with any holder of any real property rights are necessary for the Project Company to construct, operate and maintain its ProjectforthefulleconomicusefullifeoftheProject,exceptashasalreadybeenobtainedandare in full force and effect.There is no mineral exploration or production from the surface estate constitutinganyportionoftheProjectSite,andtherearenoagriculturalleasesaffectingthesurface estateconstitutinganyportionoftheProjectSite.TheProjectCompanyhasnotassignedor granted a sublease or sub-easement under any Real Property Document or any of the Project Company’s interests therein except as may be described in the Title Policy. No portion of the ProjectSiteissubjecttoanyconservationreserveprogramorotheragriculturalpreserveprogram, exceptasmaybedescribedintheTitlePolicy.Thereisnozoninglaw,zoningregulationorzoning requirementwithwhichtheProjectisnotincompliancewithrespecttothelocation,development, construction, operation or maintenance of any the Project.As of the Execution Date, Project Company holds sufficient real property interests in the applicable Real Property that is or is intended to be part of or used in connection with the Project to enable the Project to (A) be developedin compliancewiththesiteplan, allApplicableLawsandtheapplicableMajorProject Contracts, (B) interconnect to the intended point of interconnection in accordance with the applicableInterconnectionAgreement,and(C)locate,construct,operateandmaintaintheProject on the Project Site for its intended purposes.The Project Site is not subject to any conservation resource program or other agricultural preserve program; provided that the Permits require resource specific avoidance, preservation, management and mitigation.

(p)    Environmental Matters.Except as set forth on Schedule 3.1(p), (i) Seller and the Project Company is and has been in compliance with all Environmental Laws with respect to the Project in all material respects, (ii) to the Knowledge of Seller, the Project is not located on any premiseswhereHazardousSubstancesarepresentorhavebeenReleasedinalocation,manneror condition that would reasonably be expected to require remedial or response action pursuant to anyEnvironmentalLaw,(iii)neitherSellernortheProjectCompanyhavereceivedwrittennotice from any Governmental Authority of an actual or potential violation of or liability under any EnvironmentalLawswithrespecttotheProject,(iv)thereisnopending,nortotheKnowledgeof Sellerthreatened,litigation,claim,action,suit,proceedingorgovernmentalinvestigation,ineach case, pursuant to, or alleging violation of or liability under, any Environmental Law with respect to the Project, and (v) the Seller has Made Available to the Company copies of any and all Environmental Reports, Phase I or Phase II Environmental Site Assessments, environmental compliance audits and reports concerning wetlands delineation, potential impacts to wildlife habitats, aviation, cultural or historic resources and traffic impacts, and any other material environmental document prepared by or on behalf Seller or its Affiliates, including the Project Company, in such Person’s possession or control, concerning the Project.

(q)    No Condemnation or Casualty.No condemnation is pending or threatened in writing with respect to the Project other than any such condemnation in respect of an immaterial

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portionoftheProjectSitethatisnotnecessaryfortheconstructionoroperationofsuchProject inaccordancewiththeMajorProjectContracts,andnounrepairedcasualtyexistswithrespectto the Project, or any portion thereof material to the ownership or operation of the Project.

(r)    Broker Fees.Seller has not retained any broker, agent or finder or incurred any liability or obligation for any brokerage fees, commissions or finder fees with respect to this Agreement or the Transaction and for which the Project Company has any liability.The Project Company does not have any liability or obligation for any fees or commissions to any broker, finder or agent with respect to the procurement and execution of this Agreement or any other Transaction Document or the transactions contemplated thereby.

(s)    EnergyRegulatoryMatters.AsoftheSCPaymentDate:

(i)    TheProjectCompanyhasfiledanoticeofself-certificationwithFERCfor statusasanEWGandupontheinitialgenerationofelectricenergy(includingtestenergy) bytheProject,theProjectCompanyisanEWGandhasMBRAuthoritythatisinfullforce and effect.

(ii)    The Project Company is not and will not become subject to regulation by FERC asa“holdingcompany”assuchtermisdefinedinSection1262(8)ofPUHCAand the regulations of FERC at 18 C.F.R. § 366.1.The Project Company is not subject to regulation by FERC under PUHCA except with respect to regulation relating to maintaining EWG status and any applicable regulation as a “subsidiary company” or an “affiliate”ofa“holdingcompany,”assuchtermsareusedwithinthemeaningofPUHCA. The Company is either not a “holding company” under PUHCA, or will be a “holding company” under PUHCA solely with respect to one or more EWGs that is exempt from FERC access to books and records, and the accounting, record-retention and reporting requirements of PUHCA to the extent set forth in 18 C.F.R. § 366.3(a). The Project Company,upontheinitialgenerationanddeliveryofelectricenergy(includingtestenergy) fromtheProject,willbesubjecttoregulationasa“publicutility”undertheFPAwithMBR Authority,andsuchMBRAuthorityisinfullforceandeffect.TheProjectCompanyisnot subject to rate regulation or financial or organizational regulation by the applicable State Regulatory Authority under applicable state law and is not a “public utility,” “electric utility” (or its equivalent) under such state law. The Project Company is not precluded by anyapplicablestatelawgoverningregulationbytheapplicableStateRegulatoryAuthority from entering into or incurring obligations under the Major Project Contracts or the Transaction Documents to which it is a party.Other than as set forth herein, no approval under the FPA or any state laws, rules, or regulations governing or regulating public utilitiesis required for the entry into or performance of the Transaction Documents or the consummation of the transactions contemplated thereby.

(iii)    Solely as the result of the execution and delivery of the Transaction Documents, the consummation of the transactions contemplated by the Transaction Documents, or the performance of obligations under the Transaction Documents (other than with respect to the exercise of remedies), the acquisition of the Project Company, or thesupplyofelectricity,capacityorancillaryservicesfromtheProject,neithertheProject

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CompanynortheCompanyisorwillbe:(1)subjectto,ornotexemptfromregulationasa “publicutility”undertheFPA(asthattermisdefinedinSection201(e)oftheFPA);except thattheProjectCompanymaybesubjecttoregulationasa“publicutility”(asthattermis defined in Section 201(e) of the FPA) with MBR Authority, (2) subject to, or not exempt fromregulatoryprovisionsunderPUHCAincludedwithintheexemptionsdescribedat18 C.F.R.§366.3(a);or(3)subjecttorateregulationorfinancialororganizationalregulation by the public utility regulatory agencies of such state under applicable state law or be deemed a “public utility,” “electric utility” (or its equivalent) under such state law.

(t)    Employees.TheProjectCompanydoesnothave,andhasnotatanytimehad,any employees.The Project Company has not at any time maintained, sponsored, administered or participated in any employee benefit plan or arrangement or incurred any liability in connection any such plan or arrangement.

(u)    Taxes.ExceptassetforthonSchedule3.1(u):

(i)    All Tax Returns required to be filed by or onbehalf of Seller (with respect to the Project Company) or the Project Company prior to the Execution Date or the applicable Payment Date, as applicable, with any Taxing Authority have been duly and timely filed, and all such Tax Returns were true, correct and complete in all material respects.With respect to all amounts in respect of Taxes imposed on Seller (with respect to the Project Company)or the Project Company or any activity of Seller (with respect to the Project Company) or the Project Company, all such amounts required to be paid to Taxing Authorities on or before the Execution Date or the Purchase Date or the SC Payment Date, as applicable, havebeen paid in all material respects.As of theExecution Date, Seller has disclosed to the Company all material unpaid Taxes that were accrued prior to but are not required to be paid on or before the Execution Date, and, as of the Purchase Date, Seller has disclosed to the Company all material unpaid Taxes that were accrued prior to but are not required to be paid on or before the Purchase Date.Since formation, each of Seller and the Project Company has never, either separately or as a member of a combined or consolidated return, incurred either directly or indirectly any liabilityforincomeTaxes,excepttotheextentsuchincomeTaxeseither(i)havebeenpaid prior to the date as of which this representation is made, or (ii)are reflected in the Cost Seg/Appraisal Report.No claim has been made by a Taxing Authority in a jurisdiction where Seller or the Project Company does not file Tax Returns such that Seller or the Project Company is or may be subject to taxation by that jurisdiction.There are no liens for Taxes upon any of the Acquired Interests or the Assets of the Project Company other thanthoseimposedbyGovernmentalAuthoritiesforTaxesthatarenotyetdue.Thereare noaudits,claims,assessments,levies,administrativeproceedings,orlawsuitswithrespect toTaxesorTaxReturnspendingorthreatenedagainstSellerortheProjectCompanyoras to the respective Assets of Seller or the Project Company to which Seller or the Project Company could bemade subject.Thereareno agreements or consents currently in effect for the extension or waiver of the time (i)to file any Tax Return or (ii)for assessment or collection of any Taxes relating to Seller or the Project Company for any period prior to the Execution Date or the Payment Date as of which this representation is made, as

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applicable,andnoPersonhasbeenrequestedtoenterintoanysuchagreementorconsent. Neither Seller nor the Project Company is a party to any Tax sharing or allocation agreement, Tax indemnity agreement, or similar agreement or arrangement regarding Taxes.Neither Seller nor the Project Company has any liability for Taxes of any other Person as a transferee or successor, by contract or otherwise.No power of attorney has been granted with respect to the Taxes of Seller or the Project Company.None of Seller, the Project Company or any Affiliate thereof has applied to the IRS for a private letter rulingwithrespecttotheProject,theProjectCompanyorSeller,includinganyapplication for a private letter ruling that has been withdrawn.

(ii)    PriortothePurchaseDate,theProjectCompanyisdisregardedasanentity separate from Seller for U.S. federal income tax purposes.

(iii)    No tangible property of the Project Company is leased to a “tax-exempt person”orisotherwise“tax-exempt”usepropertyforfederalincometaxpurposes(except totheextenttheCompanyisaDisqualifiedEntity).Nomorethan ademinimisportionof theFairMarketValueoftheproperty,materialsandpartsthatcomprisetheProject,onthe date such property was placed in service for U.S. federal income tax purposes, consisted of property, materials and parts used by a Person other than the Company or the Project Company.None of the property comprising a part of the Project, is imported property of the kind described in Code Section168(g)(6).The Project is located in its entirety in the United States.No portion of the basis of any property comprising a part of the Project is “qualified rehabilitation expenditures” within the meaning of Code Section47(c)(2)(A). No Project Company Affiliate taxpayer has applied for a grant with respect to the Project from the U.S. Treasury Department under Section1603 of Division B of the American RecoveryandReinvestmentActof2009,asamended,andnosuchgranthasbeenreceived withrespecttotheProject.TheProjectCompanyisnota“relatedperson”toanytaxpayer treated as purchasing power from the Project, for purposes of Code Sections267 and 707 (otherthanas aresultof anydirectorindirectrelationshipbetweentheCompanyandany such taxpayer treated as purchasing power from the Project).

(iv)    AsofthePurchaseDate,(A)theProjecthasnotgeneratedanyelectricity, (B)withrespecttoeachInverterBlockcomposingtheProject,noneoftheclauses(b),(d) or(e)setforthinthedefinitionofPlaced-in-Serviceshallhavebeenachievedorshallhave occurred with respect to each Inverter Block composing the Project, (C) neither “Commercial Operation” (as defined in the applicable Offtake Agreements) nor “CommercialOperation”(asdefinedintheInterconnectionAgreement)hasoccurred,and (D) neither the Project nor any Inverter Block composing the Project has been placed in service for U.S. federal income tax purposes.

(v)    As of the SC Payment Date and prior to January 1, 2026, at least four ofclauses (a)through (e)set forth in the definition of Placed-in-Service has been satisfied or hasoccurredwithrespecttoeachInverterBlockcomposingtheProject,“Commercial Operation”(asdefinedintheapplicableOfftakeAgreements),and“CommercialOperation” (asdefinedintheInterconnectionAgreement)haveoccurred

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andeachInverterBlock composingtheProjecthasbeenplacedinserviceforU.S.federalincometaxpurposesprior to January 1, 2026.

(vi)    (A)AsofthePurchaseDateandSCPaymentDate,Sellerhasnot(1)taken apositiononanyfederal,stateorlocaltaxreturn,taxreportortaxfiling,ineachcase,filed withaGovernmentalAuthority,thatisinconsistentwiththeoriginaluseby theCompany, for U.S. federal income tax purposes, of the Project or any property that is part of the Projector(2)claimed withrespecttotheProjectoranypropertythatispart oftheProject on any federal, state, or local tax return, tax report or tax filing, in each case, filed with a Governmental Authority, renewable energy production tax credits pursuant to Section 45 of the Code; and (B) as of the Purchase Date, Seller has not claimed with respect to the Project or any property that is part of the Project on any federal, state, or local tax return, taxreportortaxfiling,ineachcase,filedwithaGovernmentalAuthority,anydepreciation or amortization deductions, ITCs or any other tax credits or deductions that are available with respect to the Project or any property that is part of the Project.

(vii)    As of the Purchase Date and SC Payment Date, the Project or any portion thereofisnot“tax-exemptbondfinancedproperty”withinthemeaningofSection168(g)(5) of the Code.

(viii)    As of the Purchase Date and SC Payment Date, none of the property comprising a part of the Project is imported property of the kind described in Section 168(g)(6) of the Code.

(ix)    TheProjectisnot,asofthePurchase Date, andthereafter willnotbe,used to generate energy for the purposes of heating a swimming pool.

(x)    OtherthanassetforthintheCostSeg/AppraisalReport,asofthePurchase Date, there areno sales, use, ad valorem orsimilartaxes duein respect of thepurchase of the Project and transfer of title thereto, or for which the Company may become liable as successor or derivatively as a result of the purchase of the Project.

(xi)    The Company will report in all federal, state and applicable local income taxreturnsthepurchaseandsaleoftheProjectpursuanttothisAgreementasthepurchase bytheCompanyofanewProjectthathasnotbeenplacedinserviceforU.S.federalincome tax purposes in exchange for the Project Purchase Price, and will not take a position inconsistent therewith, except as required by Applicable Law.

(xii)    As of the SC Payment Date, the Company’s tax basis in the Project is the amountprovidedintheapplicable,finalCostSeg/AppraisalReport,andtheportionofsuch taxbasisallocabletotheITCEligiblePropertyisnotlessthananamountequaltotheITC Eligible Basis set forth in the Cost Seg/Appraisal Report. As of the Purchase Date, the Company’s tax basis in the Project is at least $296,564,233.

(xiii)    Sellerisnota“foreignperson”withinthemeaningofSection1445(b)(2)of theCode.

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(xiv)    TheProjectiseligiblefortheITCandmeetstherequirementsofSection 48(a)(9)(B)oftheCode.

(xv)    As oftheSC Payment Date, thefairmarket value oftheProject is equal to at least the Project Purchase Price.

(xvi)    The Project “began construction” after December 31, 2018, and prior to January 29, 2023 within themeaning of and forpurposes of Section 48(a)(9)(B)(ii)ofthe Code and the IRS Notices.As of the Execution Date, the representations and warranties madebySellersetforthintheexecutedBeginningofConstructionCertificatearetrueand correct.As of the Purchase Date and the SC Payment Date, as applicable, the representations and warranties made by Seller set forth in the applicable Beginning of Construction Bring-Down Certificate are true and correct.

(xvii)    The Project is within, and will be placed in service within, an energy community as defined in Sections 45(b)(11)(B) and 48(a)(14)(A) of the Code. As of the ExecutionDate,therepresentationsandwarrantiesmadebytheSellersetforthinthe Energy Community Certificate are true and correct. As of the Purchase Date and the SC PaymentDate,therepresentationsandwarrantiesmadebytheSellersetforthintheEnergy Community Bring-Down Certificate are true and correct.

(xviii)    EachInverter Blockconstitutes a separateunit of energy propertyas set forth in Code Section 48(a)(8)(A) and Regulation Section 1.48-9(f)(2).

(v)    Insurance.Insurance complying with the requirements of Exhibit D of this Agreement is in full force and effect.

(w)    InvestmentCompanyAct.TheProjectCompanyisnotrequiredtoberegisteredas an“investmentcompany”withinthemeaningoftheInvestmentCompanyActof1940.Inmaking the preceding representation and warranty, the Project Company are not relying on exemptions under Section 3(c)(1) or 3(c)(7) of the Investment Company Act of 1940.

(x)    NoBankruptcy.NeitherSellernortheProjectCompanyisBankrupt.

3.2    Representations and Warranties of Company.Company represents and warrants to Seller as follows as of the Execution Date:

(a)    Organization, Good Standing, Etc.The Company is a limited liability company duly formed, validly existing and in good standing under the laws of the State of Delaware, and has the requisite limited liability company power and authority to own, lease and operate its properties and to carry on its business as being conducted on the Execution Date.

(b)    Authority.The Company has the requisite power and authority to enter into this Agreement and the other Transaction Documents to which itis a party, toperform its obligations hereunder and thereunder, and to consummate the transactions contemplated hereby or thereby. This Agreement (assuming due authorization, execution and delivery by Seller) constitutes, and,

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uponexecutionanddeliverybytheCompanyoftheotherTransactionDocumentstowhichitisa party, such Transaction Documents shall constitute, the valid and binding obligations of the Company, enforceable against it in accordance with their respective terms, subject to the effects ofbankruptcy,insolvency,reorganization,moratorium andsimilarlaws affectingenforcement of creditors’rightsandremediesgenerallyandtogeneralprinciplesofequity(regardlessofwhether considered in a proceeding in equity or at law).

(c)    NoViolation.Theexecutionanddeliveryby theCompanyofthisAgreementand theotherTransactionDocumentstowhichtheCompanyisapartydonot,andtheperformanceby the Company of its obligations hereunder and thereunder shall not, (i) constitute any material violation of any Applicable Laws, judgments, settlements, orders, decrees, injunctions and writs of any Governmental Authority having jurisdiction over Company, (ii)conflict with or cause a breachofanyprovisionintheorganizationaldocumentsoftheCompany,or(iii)causeamaterial breachorconstituteamaterialdefaultofanymaterialobligationsunder,causetheaccelerationof, create in any party the right to accelerate, terminate, modify or cancel any contract, license, instrument,decree,judgmentorotherarrangementtowhichCompanyisapartyorunderwhichit is bound or to which any of its material assets are subject (or result in the imposition of an Encumbrance upon any such assets).

(d)    LegalProceedings.Thereisnopendingorthreatenedinwriting,litigation,claim, action, suit, proceeding or governmental investigation against Company or which seeks the issuance of an order restraining, enjoining or otherwise prohibiting or making illegal the consummation of any of the transactions contemplated by this Agreement, other than any such instance that would not materially and adversely affect the ability of the Company to meet or perform its obligations under the Transaction Documents.

(e)    No Consent.All consents, approvals and filings then required to be obtained or madebytheCompanytoexecute,deliverandperformtheTransactionDocumentstowhichitisa party have been obtained or made and are in full force and effect.

3.3    NoOtherSellerRepresentations.Exceptwithrespecttotherepresentationsand warranties expressly set forth and made by Seller in Section 3.1, Seller makes no other representationorwarranty,eitherexpressorimplied,hereunder,underanyoftheotherTransaction Documentstowhich itisapartyorotherwisewithrespecttoitselforthe ProjectCompanyorthe Project.The Company specifically acknowledges that no representation or warranty has been made about the accuracy of the projections, estimates or budgets, future revenues, future results from operations, future cash flows, the future condition of the Project or any assets of Seller, the CompanyortheProject Company,orthefuturefinancialconditionofSeller,theCompany orthe Project Company.

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ARTICLE 4

TERMINATION;INDEMNIFICATION

4.1    Termination.Without limiting Seller’s or the Company’s ability to exercise any right or remedy to which it isentitled hereunder or under any of the Transaction Documents, this Agreement may be terminated:

(a)    automatically if a Bankruptcy is commenced that names Seller as the debtor thereunder and, if such Bankruptcy was involuntarily commenced, such Bankruptcy remains undismissed or unstayed for a period of sixty (60) calendar days;

(b)    by Seller if a Bankruptcy is commenced that names the Company as the debtor thereunder and, if such Bankruptcy was involuntarily commenced, such Bankruptcy remains undismissed or unstayed for a period of ninety (90) calendar days;

(c)    by the Company or Seller in the event (i) the other Party becomes a Sanctioned Person, (ii) the other Party, in connection with the Project, is or becomes the subject of any investigation, claim, action, proceeding, litigation or other compliance issue with regard to any violation of applicable Economic Sanctions Laws and Regulations, applicable Trade Controls Laws and Regulations, applicable Anti-Bribery and Anti-Corruption Laws and Regulations or applicableAnti-TerrorismandMoneyLaunderingLawsandRegulationsor(iii)theotherPartyis inbreachofarepresentation,warranty,covenantorobligationcontainedinthisAgreementinany materialrespect,andsuchbreachhasnotbeencuredwithintwenty(20)BusinessDaysfollowing the date such Party becomes aware of such breach; provided, however, that if such breach is not curable within such twenty (20)Business Day period and the breaching Party commences a cure withinsuchperiod,thenthenon-breachingPartyshallnothaveaterminationrightforsolongas the breaching Party (A)diligently pursues the cure, and (B)cures such breach within sixty (60) daysfromthetimewhen thenon-breachingPartybecameawareofsuchbreach(foravoidanceof doubt, breaches oftheforegoing clause (i)or(ii)shall not beconsidered capableofbeing cured); or

(d)    bythemutualwrittenconsentofSellerandtheCompany.

4.2    ProcedureandEffectof Termination.

(a)    ThePartydesiringtoterminatethisAgreementpursuanttoSection4.1(b),(c)or(d)shall give written notice of such termination to the other Party in accordance with Section7.3, specifying the provision pursuant to which such termination is effected and the effective date of such termination.

(b)    No termination shall relieve any Party of any liability or damages resulting from anybreachbythatPartyofthisAgreementoraffecttherightsoftheotherPartytoindemnification for such breach nor shall any such termination relieve any Party of any obligations that arose pursuant to this Agreement prior to such termination.

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4.3    IndemnificationbySeller.

(a)    Subject to Section 4.6, Seller shall indemnify and hold harmless, on an After-Tax Basis(ascalculatedinaccordancewithSection4.3(c)),theCompany,itsrespectivemembers,the Affiliates of each, and its and their respective officers, directors, employees and agents (the “Company Indemnified Parties”) from and against any Losses (including Third-Party Claims) to theextentrelatingtoorarisingoutoforinconnectionwith(i)thegrossnegligence,fraudorwillful misconductbyor of Seller inconnection withthisAgreementor Seller’sperformance hereunder, (ii) anybreach,inaccuracyorfailurebySellerofanyofitsrepresentations,warrantiesorcovenants contained in this Agreement or the other Transaction Documents (including any representations, warranties and covenants set forth in any certificate delivered hereunder or thereunder) or (iii) ProsperityBank’slienontheJakubecleasedtract(Tract6,Parcel3)fortheProject,includingany foreclosure of the Jakubec leased tract (Tract 6, Parcel 3); providedthat in no event will Seller be liableforanysuchLossestotheextentcausedbythegrossnegligence,fraudorwillfulmisconduct ofanyCompanyIndemnifiedParty(otherthananyCompanyIndemnifiedPartythatisanAffiliate of Seller), or the inaccuracy, breach or failure of the representations, warranties or covenants of theCompanyunderthisAgreementasdeterminedpursuanttoafinal,non-appealablejudgmentof a court of competent jurisdiction; provided, further, that the Parties acknowledge and agree that the provisions of Section 4.4below shall govern Seller’s rights and obligations in the event of a breachthatresultsinanITCLoss;provided,further,thatifSelleroranAffiliateofSellerdelivers asubordination,non-disturbance,andattornmentagreementfromProsperityBankor,ifapplicable, its successor, confirming that the Project Company’s possession of the property constituting or comprised of the Jakubec leased tract (Tract 6, Parcel 3) property will not be disturbed if such property is foreclosed upon by lender, then Section 4.3(a)(iii) of this Agreement shall be deemed deleted in its entirety and replaced with “[RESERVED]”;

(b)    FromandafterthePurchaseDateuntiltheFinalCompletion,Sellerwillindemnify andholdharmlesstheCompanyIndemnifiedPartiesfromanyEncumbrances(otherthan PermittedLiens)broughtorfiledinconnectionwiththedevelopmentorconstructionoftheProject. Sellerwill usecommerciallyreasonableeffortsto discharge anysuch Encumbrances withinthirty (30) days after becoming aware of such Encumbrances. Failure to so discharge shall entitle Company to pay such Encumbrances and seek reimbursement from Seller for such discharged Encumbrances, or to set off the amounts owed to Seller hereunder.

(c)    ForTaxreportingpurposes,anyamountspaidpursuanttoSections4.3or4.4shall be paid on an After-Tax Basis unless Seller provides an opinion of nationally recognized tax counselacceptabletotheCompanywithatleasta“should”levelofcomforttotheeffectthatsuch payment may be treated as a non-taxable return of capital or basis and otherwise reasonably acceptable to the Company; providedthat if such tax position is subsequently disallowed by the IRS, Seller shall promptly pay the After-Tax Basis gross-up amount to the Company.

(d)    All claims by a Company Indemnified Party for indemnification pursuant to this Agreementresultingfrombreachesofrepresentationsorwarrantiesshallbeforeverbarredunless the Seller is notified within eighteen (18) months after the date such representation or warranty

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was made; providedthat, notwithstanding the foregoing, (i) the representations and warranties in Sections 3.1(u)shall survive until ninety (90) days following the expiration of the applicable statute of limitations (taking into account any waivers or extensions thereof), (ii) the representations and warranties in Sections 3.1(k)and 3.1(p)shall survive four (4) years after the applicable representation or warranty was made and (iii) the representations and warranties in Sections 3.1(a)and 3.1(b), 3.1(c)(i), 3.1(c)(ii), 3.1(d), 3.1(f), 3.1(m)and 3.1(r)shall survive indefinitely until three (3) years after a Buyout Event (as defined in the LLC Agreement) has occurredwhich resultsin theInvestor(asdefined intheLLCAgreement)ceasingtobeaClassA Member (as defined in the LLC Agreement).

(e)    Except for any claim pursuant to Section 4.3(a)(iii), no claim for indemnification may be made with respect to any Losses of the Company Indemnified Parties (other than with respecttoThird-PartyClaims,fraud,grossnegligence,andwillfulmisconduct)untiltheaggregate amount of such Losses sought by (or previously sought by) the Company Indemnified Parties under this Agreement exceeds $3,000,000 in the aggregate; provided, that once such threshold amountofclaimshasbeenreached,thentheCompany IndemnifiedParties shallhavetherightto be indemnified with respect to all such claims in excess of such amount. Claims for indemnification under this Agreement and the other Transaction Documents shall not be duplicative of one another and shall not allow for duplicative recoveries.

4.4    ITCLoss.

(a)    If as a result of the breach, inaccuracy or failure of any representation or warranty by Seller set forth in this Agreement or the breach by Seller of any covenant herein, a Company Indemnified Party (x) shall lose the benefit of, shall lose the right to claim, shall suffer a disallowanceof,orshallsufferarecaptureof(ineachcase,astheresultofaFinalDetermination) alloranyportionoftheITCsassumedintheCostSeg/AppraisalReport,or(y)shallsufferaLoss inrespectoftheTaxCreditTransferAgreementasaresultofaclaimfordamagesbythepurchaser thereunder, or an obligation to refund or return to such purchaser any portion of the payments made by such purchaser to the Company thereunder (an “ITC Loss”), then Seller shall pay to the Company the amount determined pursuant to Section 4.4(b)hereof.

(b)    If an ITC Loss shall occur, then Seller shall pay to the Company (1) in thecase of clause(x)ofSection4.4(a),(i)theamount,ifany,oftheITClost,disallowedorrecapturedreduced by any Tax Savings (as defined herein below) arising as a result of the ITC Loss, (ii)the amount of any U.S. federal interest, penalties, fines or additions to Tax payable by each Company Indemnified Party as a result of such ITC Loss, and (iii)the net amount of any additional U.S. federal income Taxes payable by each Company Indemnified Party, if any, as the result of the inclusion of any payment made pursuant to this Section 4.4(b)in taxable income, and (2) in the caseof clause(y)ofSection 4.4(a), theamount of all damages, costs and expenses (including the costandexpenseofanyaction,suit,proceeding,assessment,judgment,settlementorcompromise relating thereto and reasonable attorneys’ fees of a single external counsel and reasonable and documentedout-of-pocketdisbursementsinconnectiontherewith)payablebytheCompanyunder orin respect oftheTax Credit Transfer Agreement arising out of or related to such ITC Loss. As usedherein,“TaxSavings”shallmeanthesumofthepresentvaluesasofthedateoftheindemnity

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paymentofthereductionsintheU.S.federalincomeTaxespayablebyeachCompanyIndemnified PartyasaresultoftheITCLoss(computedusingadiscountrateequaltosevenandahalfpercent (7.50%)).

(c)    Seller shall promptly pay any undisputed portion of an indemnification claim for an ITC Loss to the Company Indemnified Parties involved.Seller shall pay any portion of an indemnification claim for an ITC Loss that is under dispute promptly (and in any event not later than sixty (60) days) after the Final Determination of such ITC Loss by a court of competent jurisdiction.

(d)    If a Company Indemnified Party learns of an actual or potential indemnification claim for which such Company Indemnified Party may seek indemnification under Section 4.4, such Company Indemnified Party shall, reasonably promptly after becoming aware of such indemnification claim, notify Seller thereof, specifying the nature of and specific basis for such indemnificationclaimandtheactualor,ifreasonablypracticable,theestimatedamountthereofto the extent then feasible (which estimate shall not be conclusive of the final amount of such indemnification claim) (the “ITC Loss Claim Notice”); provided, however, that the failure to providesuchnoticepromptlyshallnotlimitorreducesuchCompanyIndemnifiedParty’srightto indemnificationunderSection4.4.Withinthirty(30)daysfollowingreceiptofanITCLossClaim Notice,SellershallnotifytherelevantCompanyIndemnifiedPartiesandtheCompanyinwriting if Seller disputes that all or a portion of such indemnification claim is subject to indemnification hereunder,specifyingtheamount,ifapplicable,sodisputed,andotherwiseSellershallbedeemed to have agreed that any undisputed portion of such indemnification claim is subject to indemnificationhereunder.IfSellerdoesnotdisputesuchindemnificationclaimwithinsuchthirty (30) days, it shall be deemed to have agreed that such indemnification claim is subject to indemnificationhereunder.Sellershallbeentitledtoparticipateinanysuchindemnificationclaim to which it agrees, or is deemed to have agreed, is subject to indemnification hereunder, and to assume the defense thereof with counsel reasonably satisfactory to such Company Indemnified Party. If Seller elects to assume the defense of such action, the Company Indemnified Party shall have the right to employ separate counsel at its own expense and to participate in the defense thereof.IfSellerelectsnottoassume(orfailstoassume)thedefenseofsuchaction,oratanytime failstodiligentlypursuesuchdefense,theCompanyIndemnifiedPartyshallbeentitledtoassume thedefenseofsuchactionwithcounselofitsownchoice,andSellershallpayallreasonablecosts andexpensesthereforastheyareincurredpromptlyupondeliverytoitofinvoice(s)therefor.If suchindemnificationclaimisassertedagainstbothSellerandtheCompanyIndemnifiedPartyand (a) there is a conflict of interest which renders it inappropriate for the same counsel to represent both Seller and the Company Indemnified Party or (b) such action could reasonably be expected to result in the imposition of criminal liability, Seller shall be responsible for paying for separate counsel for the Company Indemnified Party; provided, however, that if there is more than one Company Indemnified Party and it is practical for all such Persons to be represented by common counsel, Seller shall not be responsible for paying for more than one law firm to represent the CompanyIndemnifiedParty,regardlessofthenumberofCompany IndemnifiedParties. IfSeller elects to assume the defense of such action, (i) no compromise or settlement thereof may be effected by Seller without the Company Indemnified Party’s written consent (which shall not be unreasonably withheld) unless the sole relief provided is monetary damages that are paid in full

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by Sellerand thecompromiseorsettlement includes no admission ofliability and (ii)Sellershall havenoliabilitywithrespecttoanycompromiseorsettlementthereofeffectedwithoutconsentof Seller(whichshallnotbeunreasonablywithheld,conditionedordelayed)unlessSellerhasfailed to defend such Company Indemnified Party against such action.

4.5    Duty to Mitigate. Each Company Indemnified Party, on behalf of itself and its Affiliates, agrees to take all commercially reasonable steps identified by Seller to mitigate any Losses it may incur in connection with any claim for indemnification or otherwise under this Agreement,includingusingreasonableeffortstoavoid,reduce,orrecoversuchLosses,provided that all properly documented out-of-pocket costs and expenses incurred by such Company Indemnified Party directly related to such mitigation efforts will be the sole cost and expense of Seller.

4.6    LIMITATIONOFLIABILITY.

(a)    EXCEPT FOR (I) INDEMNIFIED THIRD-PARTY CLAIMS OR (II) LOSSES CAUSED BY THE GROSS NEGLIGENCE, FRAUD OR WILLFUL MISCONDUCT BY THE SELLER OR ITS AFFILIATES, ON THE ONE HAND, OR COMPANY, ON THE OTHER HAND, IN NO EVENT WILL SELLER, ON THE ONE HAND, OR COMPANY, ON THE OTHER HAND, BE LIABLE TO EACH OTHER, AS APPLICABLE, UNDER THIS AGREEMENT OR OTHERWISE FOR CONSEQUENTIAL, SPECIAL, INCIDENTAL, EXEMPLARY,STATUTORY,ORPUNITIVEDAMAGESARISINGOUTOFORRELATED TO THIS AGREEMENT; PROVIDED, THAT TO THE EXTENT A BREACH RESULTS IN THE LOSS OF ITCS, THE VALUE OF SUCH LOST ITCS SHALL NOT CONSTITUTE CONSEQUENTIAL,SPECIAL,INCIDENTAL,EXEMPLARY,STATUTORY,ORPUNITIVE DAMAGES.

(b)    IN ADDITION, WHETHER ANY ACTION OR CLAIM IS BASED ON WARRANTY, CONTRACT, TORT OR OTHERWISE, UNDER NO CIRCUMSTANCES SHALL THE TOTAL AGGREGATE LIABILITY OF SELLER ARISING OUT OF OR RELATED TO THIS AGREEMENT OR THE OTHER TRANSACTION DOCUMENTS EXCEEDANAMOUNTEQUALTOONEHUNDREDANDFIFTEENPERCENT(115%)OF THESUMOFTHEAGGREGATEAMOUNTOFPROJECTPURCHASEPRICEACTUALLY PAID BY THE COMPANY HEREUNDER TO SELLER PLUS ALL REASONABLE COSTS INCURRED BY THE COMPANY IN CONNECTION WITH ENFORCEMENT OF ITS RIGHTS HEREUNDER; PROVIDED, THAT SUCH LIMITATION SHALL NOT APPLY TO REDUCE SELLER’S OBLIGATION TO INDEMNIFY THE COMPANY INDEMNIFIED PARTIES PURSUANT TO SECTION 4.3(I)WITH RESPECT TO INDEMNIFIED THIRD-PARTY CLAIMS (OTHER THAN ITC LOSSES) OR (II)FOR LOSSES CAUSED BY THE GROSS NEGLIGENCE, FRAUD OR WILLFUL MISCONDUCT OF SELLER.

(c)    Any recovery for indemnification under this Agreement shall be determined without duplication of recovery for the same Losses under any other Transaction Document. Without limiting the generality of the prior sentence, if a statement of fact, condition or event constitutes a breach of more than one representation, warranty, covenant or agreement which is

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PURCHASE AGREEMENT (PRAIRIE BX LLC)


subjecttotheindemnificationobligationinSection4.3orSection4.4,onlyonerecoveryofLosses shall be allowed.

4.7    IndemnificationProceduresForThird-PartyClaims.

With respect to Third-Party Claims brought against the Company Indemnified Parties, Seller’s obligations pursuant to Section 4.3with respect to any such Third-Party Claim are contingent upon the applicable Company Indemnified Parties having notified Seller in writing of such claim and tendering the control of the defense and settlement of any such claim to Seller at Seller’s expense and with Seller’s choice of counsel. In connection with the foregoing, the indemnification obligation of Seller to the applicable Company Indemnified Parties shall be reduced to the extent the failure of an applicable Company Indemnified Party to provide such notice and tender of control actually materially prejudices the outcome of any such Third-Party Claim. The applicable Company Indemnified Parties shall cooperate with Seller, at Seller’s expense, in defending or settling a Third-Party Claim and any applicable Company Indemnified Party may join in defense with counsel of its choice at its own expense. Seller may not, without the prior written consent (such consent not to be unreasonably withheld, conditioned or delayed) of the applicable Company Indemnified Party, settle, compromise or consent to the entry of any judgmentregardingaThird-PartyClaim,thedefenseofwhichhasbeenassumedbySeller,unless suchsettlement,compromiseorconsent(i)doesnotcontainanyadmissionorstatementsuggesting anywrongdoingorliabilityonbehalfofanyCompanyIndemnifiedPartyand(ii)doesnotcontain any equitable order, judgment or term that in any manner affects, restrains or interferes with the business of any Company Indemnified Party or any Affiliate of an applicable Company IndemnifiedParty.NoapplicableCompanyIndemnifiedPartyshallsettle,compromiseorconsent totheentryofanyjudgmentregardinganyThird-PartyClaimforwhichindemnificationissought and the defense of which has not been assumed by Seller, without the prior written consent of Seller.

4.8    IndemnificationProceduresForNon-Third-PartyClaims.

Except with respect to ITC Losses and any Third-Party Claim, if any Company IndemnifiedPartylearnsofanactualorpotentialindemnificationclaimforwhichsuchCompany IndemnifiedPartymayseekindemnificationunderSection4.3,suchCompanyIndemnifiedParty shall, reasonably promptly after becoming aware of such indemnification claim, notify Seller in writing of such claim, specifying the nature of and specific basis for such indemnification claim andtheactualor,ifreasonablypracticable,theestimatedamountthereoftotheextentthenfeasible (which estimate shall not be conclusive of the final amount of such indemnification claim) (the “ClaimNotice”);provided,thatthefailuretoprovidesuchClaimNoticepromptlyshallnotlimit or reduce such Company Indemnified Party’s right to indemnification under Section 4.3.Within thirty (30) days following receipt of a Claim Notice, Seller shall notify the relevant Company Indemnified Party and the Company in writing if Seller disputes that all or a portion of such indemnificationclaimissubjecttoindemnificationhereunder,specifyingtheamount,ifapplicable, so disputed, and otherwise Seller shall be deemed to have agreed that any undisputed portion of such indemnification claim is subject to indemnification hereunder.Any such indemnification claim that Seller has agreed, or has been deemed to have agreed, is subject to

53

PURCHASE AGREEMENT (PRAIRIE BX LLC)


indemnification hereunder shall be paid on the immediately succeeding Business Day in immediately available funds.

ARTICLE 5

DISPUTERESOLUTION

5.1    Governing Law.THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK WITHOUT TAKING INTO ACCOUNT ITS CONFLICT OF LAWS PRINCIPLES (OTHER THAN SECTION 5-1401 AND SECTION 5-1402 OF THE NEW YORK GENERAL OBLIGATIONS LAW).

5.2    SUBMISSION TO JURISDICTION; WAIVER OF JURY TRIAL.THE PARTIES HEREBY IRREVOCABLY SUBMIT TO THE EXCLUSIVE JURISDICTION OF ANY STATE OR FEDERAL COURT IN THE CITY AND COUNTY OF NEW YORK WITH RESPECTTOANYACTIONORPROCEEDINGARISINGOUTOFORRELATINGTOTHIS AGREEMENT.EACH PARTY HERETO IRREVOCABLY AND UNCONDITIONALLY WAIVES TRIAL BY JURY IN ANY ACTION, SUIT OR PROCEEDING RELATING TO A DISPUTE AND FOR ANY COUNTERCLAIM WITH RESPECT THERETO.EACH PARTY HEREBY AUTHORIZES AND ACCEPTS SERVICE OF PROCESS SUFFICIENT FOR PERSONAL JURISDICTION IN ANY ACTION AGAINST IT AS CONTEMPLATED BY THIS SECTION5.2BY REGISTERED OR CERTIFIED MAIL, RETURN RECEIPT REQUESTED,POSTAGEPREPAID,TOITSADDRESSFORTHEGIVINGOFNOTICESAS SET FORTH IN SECTION7.3.NOTHING HEREIN SHALL AFFECT THE RIGHT OF ANY PARTY TO SERVE PROCESS IN ANY OTHER MANNER PERMITTED BY LAW.

ARTICLE6

GOODFAITHNEGOTIATIONS;FORCEMAJEURE

6.1    Good Faith Negotiations.In the event that any question, dispute, difference or claim arises out of or in connection with this Agreement, including any question regarding its existence,validity,performanceortermination(a“Dispute”),ofwhichSellerhasprovidednotice to the Company, or Company has provided notice to Seller, as applicable, senior management personnel from Seller and the Company shall negotiate in good faith to resolve the Dispute following one Party’s written request to the other Party; provided, however, either Party may, at any time and in its sole discretion, pursue any remedies available to it (or them as applicable) at law or in equity, subject to the provisions of this Agreement.

6.2    Force Majeure.If any Party is rendered wholly orpartially unable to perform its obligations under this Agreement because of a Force Majeure Event, then such Party will be excused from whatever performance is affected by a Force Majeure Event; provided, that:

(a)    such Party will, as soon as is reasonably possibleaftertheoccurrenceofthe Force Majeure Event, provide the other Party with written notice describing the particulars of the occurrence;

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PURCHASE AGREEMENT (PRAIRIE BX LLC)


(b)    thesuspensionofperformancewillbeofnogreaterscopeandofnolongerduration than is required by the Force Majeure Event; and

(c)    noobligationofsuchPartythatarosebeforetheoccurrencecausingthesuspension ofperformance and that could and should havebeen fully performed beforesuch occurrencewill be excused as a result of such occurrence.

Notwithstanding the foregoing, in no event shall the Commitment Expiration Date be subject to extensionforaForceMajeureEvent,andinnoeventshallanyfailureofanyconditionprecedent set forth herein to be satisfied shall be excused as a result of, or be subject to variance, deviation or extension for, a Force Majeure Event.

ARTICLE 7

GENERALPROVISIONS

7.1    Exhibits and Schedules.All Exhibits and Schedules attached hereto are incorporated herein by reference.

7.2    NoPartnership.ThePartiesacknowledgethatnothinginthisAgreement willbe interpreted or applied so as to make the relationship of any of the Parties that of partners or joint ventures, and the Parties expressly disclaim any intention to create a partnership, joint venture, association orothersimilarrelationship.Except as expressly set forth herein, no Party is granted anyrightonbehalfofanyotherPartytoassumeorcreateanyobligationorresponsibilitybinding suchotherParty.NoneofSeller’semployees,contractorsoranysuchcontractor’semployeeswill beorwillbeconsideredtobeemployeesoftheCompany.Sellerwillbefullyresponsibleforthe paymentof allwages, salaries,benefitsand other compensationtoitsemployeesand allamounts due and owing to its contractors.

7.3    Notices.All notices and other communications hereunder shall be in writing and shall be deemed given if delivered personally, by a nationally recognized overnight courier, by facsimile, or by electronic mail transmission or mailed by registered or certified mail (return

55

PURCHASE AGREEMENT (PRAIRIE BX LLC)


receiptrequested)tothe Partiesatthefollowingaddresses(or atsuchother addressfor aPartyas shall be specified by like notice):

(a) If to Seller:
MN8 DevCo 3 LLC
c/o MN8 Energy LLC
1155 Avenue of the Americas, 27th Floor
New York, NY 10036
Attn: Legal
Email: notices@mn8energy.com
With a copy (which shall not constitute notice) to:
Holland & Knight LLP
811 Main St, Suite 2500
Houston, TX 77002
Attn: Ram Sunkara and Elizabeth Crouse
Email: Ram.Sunkara@hklaw.com; Elizabeth.Crouse@hklaw.com
(b) If to the Company:
Prairie BX LLC
c/o MN8 Energy LLC
1155 Avenue of the Americas, 27th Floor
New York, NY 10036
Attn: Legal
Email: notices@mn8energy.com
With a copy to:
345 Park Avenue, 31stFloor
New York, NY 10154
Attn: Zachary Rubenstein; Judson Finnegan
E-mail: Zachary.Rubenstein@Blackstone.com;
Judson.Finnegan@Blackstone.com;
Credit-USPrivateCoordination@Blackstone.com

All notices and other communications given in accordance herewith shall bedeemed given (i)on thedateofdelivery,ifhanddeliveredorifsentviaanationallyrecognizedovernightcourier, (ii)onthedateofreceipt,iffaxedorsentbyelectronicmail,orifsuchdateisnotaBusinessDay, thenextBusinessDayfollowingthedateofreceipt,providedsendercananddoesprovideevidence ofsuccessfultransmission,or(iii)onthefifthBusinessDayafterthedateofmailing,ifmailedby

56

PURCHASE AGREEMENT (PRAIRIE BX LLC)


registered or certified mail, return receipt requested; providedthat a notice given in accordance withthisSection7.3but receivedon anydayotherthan aBusinessDay,orafter5:00pmEastern timeonaBusinessDay,intheplaceofreceiptshallbedeemedgivenonthenextBusinessDayin that place.

7.4    Amendment, Modification and Waiver.This Agreement may not be amended or modified except by an instrument in writing signed by each of the Parties.Any failure of a Party to comply with any obligation, covenant, agreement, or condition contained herein may be waived only if set forth in an instrument in writing signed by the Party to be bound thereby, but such waiver or failure to insist upon strict compliance with such obligation, covenant, agreement or condition shall not operate as a waiver of, or estoppel with respect to, any other failure.

7.5    RightsandRemedies.EachParty’srightsandremediesunderthisAgreementare intended to be distinct, separate and cumulative and no such right or remedy therein or herein mentioned, whether exercised by such Party or not, is intended to be an exclusion or a waiver of any of the others.

7.6    Severability.IfanytermorotherprovisionofthisAgreementisinvalid,illegalor incapable of being enforced by any rule of Applicable Law or public policy, all other conditions and provisions of this Agreement shall nevertheless remain in full force and effect so long as the economicorlegalsubstanceofthetransactionscontemplatedhereinarenotaffectedinanymanner materially adverse to any Party.

7.7    Entire Agreement.This Agreement constitutes the entire agreement among the Partiesandsupersedes allprioragreements,lettersofintentandunderstandings,bothwrittenand oral, among the Parties with respect to the subject matter hereof.

7.8    Counterparts.This Agreement may be executed in any number of counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.Delivery of an executed counterpart of a signature page of this Agreement by facsimile or other electronic transmission shall be effective as delivery of a manually executed counterpart of this Agreement.

7.9    PartiesinInterest;Survival.

(a)    ThisAgreementshallbebindinguponand,exceptasprovidedbelow,inuresolely to the benefit of each Party and their respective legal representatives successors and permitted assigns, and nothing in this Agreement, express or implied, is intended to confer upon any other Person any rights or remedies of any nature whatsoever under or by reason of this Agreement; provided, that notwithstanding the foregoing, the Parties agree that the Company Indemnified Parties shall be intended third-party beneficiaries to the extent set forth in Article 4of this Agreement.

(b)    TheobligationsofthePartiesinArticle4,Article5,Sections6.1,7.2,7.3, 7.4,7.5, 7.6,7.7,thisSection7.9,andSections7.10and7.12willsurvivetheterminationofthisAgreement.

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PURCHASE AGREEMENT (PRAIRIE BX LLC)


7.10    Assignment.This Agreement and all of the provisions hereof shall be binding upon and inure to the benefit of the Parties and their respective successors and permitted assigns. Seller shall not assign this Agreement without the prior written consent of the Company and the CompanyshallnotassignthisAgreementwithoutthepriorwrittenconsentofSeller;providedthat SellerandtheCompanymayassignthisAgreementandanyoftheirrespectiverightsorobligations hereundertoanyoftheirrespectivelendersascollateralsecurity(andSellerandtheCompany,as applicable, each hereby agree to execute a reasonable third-party consent with such lender in connection therewith).Any attempted assignment of this Agreement other than in strict accordance with this Section 7.10shall be null and void and of no force or effect.

7.11    PublicAnnouncements.Exceptforstatementsordisclosuresrequiredtobemade undertheSecurities Act of1933 ortheSecurities Exchange Act of1934 or as otherwise required by Applicable Law, no Party shall issue, or permit any of their respective Affiliates to issue, any press release or otherwise make any public statements with respect to this Agreement or the transactions contemplated hereby without the prior written consent of the other Party.

7.12    Confidential Information.Seller shall not, without the prior written consent of theCompany,andtheCompanyshallnot,withoutthepriorwrittenconsentofSeller,ineachcase, disclose any of the terms and conditions of this Agreement, the other Transaction Documents or otherinformationinrespectofthetransactionsdescribedintheTransactionDocuments,including informationdeliveredpursuanttothetermshereof(“Confidential Information”),otherthan(a)to any ofits Affiliates, any oftheofficers, directors oremployees ofit orits Affiliates (collectively, “Representatives”), or any advisors, counsel and public accountants of its or its Affiliates (collectively, “Advisors”) in connection with its administration of its interest in the transactions contemplated hereby or (b)to the Consultants; providedthat (i)any such Party and its Affiliates, Representatives and Advisors may use and disclose Confidential Information that (A)has been publicly disclosed or is publicly known (other than by such Party or any of its Affiliates, Representatives or Advisors in breach of this Section 7.12), (B)has rightfully come into the possession of such Party or any of its Affiliates, Representatives or Advisors other than from anotherPartyheretooraPersonactingonsuchotherParty’sbehalf,or(C)hasbeenindependently developed by such Party or any of its Affiliates, Representatives or Advisors without use of information obtained under this Agreement, (ii)to the extent that such disclosure is (A)required by Applicable Law, a subpoena or any other applicable legal process or (B)by request of or pursuanttoany GovernmentalAuthorityhavingjurisdictionoversuchParty,anystock exchange on which such Party’s or its Affiliates’ securities are traded or any self-regulatory body having jurisdictionoversuchParty(including,totheextentapplicable,theFinancialIndustryRegulatory Authority, Inc.), such Party and its Representatives, Advisors and Affiliates may disclose Confidential Information as so required or requested; providedthat in such case such Party shall, unlessotherwiseprohibitedbyApplicableLaw,(1)givepromptnotice,ifpermittedbylaw,tothe other Parties that such disclosure is or may be required and (2)cooperate in protecting the confidential or proprietary nature of the Confidential Information which must be, or is hereby permitted to be, disclosed; provided, furtherthat no such notification shall be required in respect ofanydisclosuretobank,energyregulatory,insuranceorfinancialindustryregulatoryauthorities having jurisdiction over such Party, (iii)any such Party and its Affiliates, Representatives and Advisors may disclose Confidential Information to lenders, potential lenders or other Persons

58

PURCHASE AGREEMENT (PRAIRIE BX LLC)


providingfinancingtothePartyoranyAffiliateofthePartyortoitsRepresentativesandAdvisors, or to actual purchasers or potential purchasers of tax credits or equity interests in any Party, investors or potential investors in any indirect owners of equity interests in the Company, or any Person to which such amember in the Company sells or offers to sell its investment in Company or any portion thereof, if, in each case described in this clause (b), such Persons have agreed to abide by the terms of this Section 7.12or have otherwise entered into a contract with restrictions on disclosure substantially the same (and not less than one year in duration) as the terms of this Section 7.12(or in the caseof Advisors, areotherwisebound by professional orlegal obligations of confidentiality), (iv)any such Party and its Affiliates, Representatives and Advisors may discloseConfidentialInformation,andmakesuchfilings,asmayberequiredbyorrecommended pursuant to this Agreement, (v)any such Party which is an insurance company or an Affiliate thereofmaydisclosesuchinformationtotheFinancialIndustryRegulatoryAuthority,Inc.and any rating agency requiring access to its portfolio if such Party is an insurance company or an Affiliatethereof and (vi)any such Party may discloseConfidential Information to the IRS or any state taxing authority in connection with any communication regarding the tax consequences of thetransactionscontemplatedbythisAgreement.Thisobligationshallcontinuetoremaininfull force and effect during the term of this Agreement and for two (2) years after the earlier of any termination of this Agreement and the Commitment Expiration Date.

7.13    Disclosure.AtanytimefromtheExecutionDatethroughandincludingtheearlier of the (a) SC Payment Date, and (b) termination of this Agreement, the Seller has a continuing rightandobligationtosupplementandamendtheDisclosureSchedules(each,an“Update”)(i)if after the Execution Date any information arises or is discovered which, if existing or known on thedateoftheExecutionDate,wouldhavebeenrequiredtohavebeensetforthontheDisclosure Schedules, and (ii) if necessary or appropriate to correct any inaccuracy in a representation or warrantymadebySellerasoftheExecutionDate,whetherornotsuchrepresentationandwarranty as set forth herein is qualified by reference to a Disclosure Schedule. Notification of any informationdisclosedinanyUpdatepursuanttothisSection7.13shallnotbedeemedtocureany breach of any representation or warranty resulting from such information.Any proposed amendments, modifications or supplements to the Disclosure Schedules shall be subject to the priorwritten acknowledgment and agreement oftheCompany acting in its reasonable discretion; provided, that if (A) any information disclosed in such Update is approved by the Company in writing or (B) the Company consummates the SC Payment hereunder after receipt of an Update that is delivered at least five (5) Business Days prior to the SC Payment Date, the Disclosure Schedules in this Agreement shall bedeemed to incorporate all applicable Updates, including for purposes of satisfying the conditions precedent set forth in this Agreement.

(SIGNATUREPAGESFOLLOW)

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PURCHASE AGREEMENT (PRAIRIE BX LLC)


INWITNESSWHEREOF,eachPartyhascausedthisAgreementtobesignedonitsbehalf as of the date first written above.

SELLER:
MN8 DEVCO 3 LLC a Delaware limited liability company
By:
Name:
Title:
By:
Name:
Title:

SIGNATURE PAGE TO PURCHASE AGREEMENT (PRAIRIE BX LLC)


COMPANY:
PRAIRIE BX LLC,
a Delaware limited liability company
By:
Name:
Title:
By:
Name:
Title:

SIGNATURE PAGE TO PURCHASE AGREEMENT (PRAIRIE BX LLC)


Schedule 1

KnowledgeIndividuals

[Omitted.]

Schedule 1

PURCHASE AGREEMENT (PRAIRIE BX LLC)


Schedule 3.1(g)

MajorProjectContracts

[Omitted.]

Schedule 3.1 (g)

PURCHASE AGREEMENT (PRAIRIE BX LLC)


Schedule 3.1(k)

Permits

[Omitted.]

Schedule 3.1(k)

PURCHASE AGREEMENT (PRAIRIE BX LLC)


Schedule 3.1(p)

EnvironmentalMatters

[Omitted.]

Schedule 3.1(p)

PURCHASE AGREEMENT (PRAIRIE BX LLC)


Schedule 3.1(u)

Taxes

[Omitted.]

Schedule 3.1(u)

PURCHASE AGREEMENT (PRAIRIE BX LLC)


Exhibit A

[Omitted.]

Exhibit A - 1

PURCHASE AGREEMENT (PRAIRIE BX LLC)


Exhibit B

FormofSCPaymentDateNotice

[Omitted.]

Exhibit B - 1

PURCHASE AGREEMENT (PRAIRIE BX LLC)


Exhibit C

Form of Membership Interest Assignment Agreement

[Omitted.]

Exhibit C - 1

PURCHASE AGREEMENT (PRAIRIE BX LLC)


Exhibit D

InsuranceRequirements

[Omitted.]

Exhibit D - 1

PURCHASE AGREEMENT (PRAIRIE BX LLC)


Exhibit E

[Reserved]

Exhibit E - 1

PURCHASE AGREEMENT (PRAIRIE BX LLC)


Exhibit F-1

Form of Beginning of Construction Certificate

Exhibit F-1 - 1

PURCHASE AGREEMENT (PRAIRIE BX LLC)


Exhibit F-2

Form of Beginning of Construction Bring-Down Certificate

Exhibit F-2 - 1

PURCHASE AGREEMENT (PRAIRIE BX LLC)


Exhibit G-1

[Reserved]

Exhibit G-1 - 1

PURCHASE AGREEMENT (PRAIRIE BX LLC)


Exhibit G-2

[Reserved]

Exhibit G-2 - 1

PURCHASE AGREEMENT (PRAIRIE BX LLC)


EXHIBIT H-1

Form of Energy Community Certificate

Exhibit H-1 - 1

PURCHASE AGREEMENT (PRAIRIE BX LLC)


Exhibit H-2

Form of Energy Community Bring-Down Certificate

Exhibit H-2 - 1

PURCHASE AGREEMENT (PRAIRIE BX LLC)


Exhibit I-1

Form of Independent Engineer’s MC Payment Date Certificate

Exhibit I-1 - 1

PURCHASE AGREEMENT (PRAIRIE BX LLC)


Exhibit I-2

Form of Independent Engineer’s SC Payment Date Certificate

Exhibit I-2 - 1

PURCHASE AGREEMENT (PRAIRIE BX LLC)


Exhibit J

Forms of Estoppel Certificates

Exhibit J - 1

PURCHASE AGREEMENT (PRAIRIE BX LLC)


Exhibit K-1

[Reserved]

Exhibit K - 1

PURCHASE AGREEMENT (PRAIRIE BX LLC)


Exhibit K-2

[Reserved]

Exhibit K-2 - 1

PURCHASE AGREEMENT (PRAIRIE BX LLC)


Exhibit L

Form of Payoff Letter

Exhibit K-2 - 1

PURCHASE AGREEMENT (PRAIRIE BX LLC)


EXHIBIT B

LLCA


PRAIRIE BX LLC

A DELAWARE LIMITED LIABILITY COMPANY

AMENDEDANDRESTATEDLIMITEDLIABILITYCOMPANY

AGREEMENTDATED AS OF November3, 2025

THE LIMITED LIABILITY COMPANY INTERESTS REPRESENTED BY THIS AGREEMENT HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 OR REGISTERED OR QUALIFIED UNDER THE SECURITIES LAWS OF ANY STATEORJURISDICTION.SUCHINTERESTSMAYNOTBESOLDOROTHERWISE TRANSFERRED UNLESS SUBSEQUENTLY SO REGISTERED OR QUALIFIED OR UNLESS SUCH REGISTRATION OR QUALIFICATION IS NOT REQUIRED IN CONNECTION WITH THE PROPOSED TRANSFER.


TABLE OF CONTENTS

Page
ARTICLE I DEFINITIONS 1
1.1 Certain Definitions 1
1.2 Other Definitional Provisions 34
ARTICLE II THE COMPANY 35
2.1 Continuation of Limited Liability Company 35
2.2 Name 35
2.3 Principal Office 35
2.4 Registered Office; Registered Agent 36
2.5 Purposes 36
2.6 Term 36
2.7 Title to Property 36
2.8 Units; Certificates of Membership Interest; Applicability of Article 8 of UCC 36
2.9 No State Law Partnership 37
2.10 Separateness 37
ARTICLE III MEMBERSHIP INTERESTS; CAPITAL CONTRIBUTIONS; MEMBERLOANS 38
3.1 Class A Interests 38
3.2 Class B Interests 38
3.3 Capital Contributions 39
3.4 Other Capital Contributions 40
3.5 Member Loans 42
3.6 Commitment Fee; No Right to Return of Capital Contributions 44
3.7 Conditions to the Obligations of Class A Member on the MC Funding Date 44
3.8 Conditions to the Obligations of Class A Member on the SC Funding Date 50
3.9 Conditions to Effectiveness 56
3.10 [Reserved] 59
3.11 Failure to Achieve SC Funding Date 59
ARTICLE IV CAPITAL ACCOUNTS; ALLOCATIONS 60
4.1 Capital Accounts 60
4.2 Allocations 61
4.3 Special Allocations 62
4.4 Allocations for Income Tax Purposes 65
4.5 Other Allocation Rules 66

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LLC AGREEMENT (PRAIRIE BX LLC)


ARTICLE V DISTRIBUTIONS 67
5.1 Distributions of Available Cash Flow 67
5.2 Limitation 70
5.3 Withholding 71
5.4 Satisfaction of Certain Obligations of the Class B Members to the Class A Members 71
ARTICLE VI MANAGEMENT 73
6.1 Managing Member 73
6.2 Standard of Care; Required Consents 74
6.3 Resignation and Removal of Managing Member 82
6.4 Indemnification and Exculpation 83
6.5 Managing Member Costs and Expenses 83
6.6 Officers 83
6.7 Approved Budgets 84
6.8 Insurance 85
6.9 Post Closing Covenants 86
ARTICLE VII RIGHTS AND RESPONSIBILITIES OF MEMBERS 86
7.1 General 86
7.2 Member Voting Rights 87
7.3 Member Liability 87
7.4 Resignation 88
7.5 Member Compensation 88
7.6 Other Ventures 88
7.7 Confidential Information 89
7.8 Company Property 91
7.9 Retirement, Resignation, Expulsion, Incompetency, Bankruptcy or Dissolution of a Member 91
ARTICLE VIII ADMINISTRATIVE AND TAX MATTERS 91
8.1 Intent for Income Tax Purposes 91
8.2 Books and Records; Bank Accounts 91
8.3 Information Rights 93
8.4 Reports 93
8.5 Permitted Investments 95
8.6 Tax Elections 95
8.7 Partnership Representative and Company Tax Filings 96
8.8 Financial Accounting 99
8.9 Legend 99

ii

LLC AGREEMENT (PRAIRIE BX LLC)


8.10 Representations, Warranties and Covenants of the Class B Member 100
8.11 Representations, Warranties and Covenants of the Sponsor Member About the Company, Project Company and Project 104
8.12 Representations, Warranties and Covenants of the Class A Member 117
8.13 Survival 119
ARTICLE IX TRANSFERS OF INTERESTS; PURCHASE OPTION 119
9.1 Transfer Restrictions 119
9.2 Permitted Transfers 120
9.3 Transfer Protection Conditions 121
9.4 Encumbrances of Membership Interest 123
9.5 Admission of Transferee as a Member 124
9.6 Buyout Events 124
9.7 Purchase Option 126
9.8 Terminated Member 127
ARTICLE X TRACKING MODEL AND FLIP DATE 127
10.1 Tracking Model 127
10.2 Calculation Rules and Conventions 128
10.3 Flip Date and Tax Return Dispute Resolution 129
ARTICLE XI INDEMNIFICATION 131
11.1 Indemnification 131
11.2 Limitation of Liability 132
11.3 Procedure for Indemnification 134
11.4 Exclusivity 135
11.5 No Right of Contribution 135
11.6 No Duplication 135
ARTICLE XII DISSOLUTION, LIQUIDATION AND TERMINATION 135
12.1 Dissolution 135
12.2 Liquidation and Termination 136
12.3 Deficit Capital Accounts 138
12.4 Termination 139
ARTICLE XIII GENERAL PROVISIONS 139
13.1 Offset 139
13.2 Notices 139
13.3 Counterparts 139
13.4 Governing Law and Severability 140

iii

LLC AGREEMENT (PRAIRIE BX LLC)


13.5 Entire Agreement 140
13.6 Effect of Waiver or Consent 140
13.7 Amendment or Modification 140
13.8 Parties in Interest 140
13.9 Further Assurances 141
13.10 Jurisdiction 141

iv

LLC AGREEMENT (PRAIRIE BX LLC)


ANNEXES, EXHIBITS AND SCHEDULES

Exhibit A Base Case Model
Exhibit B Members; Initial Capital Account Balances
Exhibit C Form of Membership Interest Certificate
Exhibit D Form of Assignment Agreement
Exhibit E Initial Approved Budget
Exhibit F-1 Form of Operating Report
Exhibit F-2 Form of Distribution Date Report
Exhibit G-1 Form of Independent Engineer’s Mechanical Completion Certificate
Exhibit G-2 Form of Independent Engineer’s Substantial Completion Certificate
Exhibit H-1 Form of Beginning of Construction Certificate
Exhibit H-2 Form of Beginning of Construction Bring-Down Certificate
Exhibit I-1 [Reserved]
Exhibit I-2 [Reserved]
Exhibit J-1 Form of Energy Community Certificate
Exhibit J-2 Form of Energy Community Bring Down Certificate
Exhibit K Forms of Estoppel Certificates
Exhibit L [Reserved]
Exhibit M-1 [Reserved]
Exhibit M-2 [Reserved]
Exhibit N Form of Payoff Letter
Schedule 1 Major Project Contracts
Schedule 2 Permits
Schedule 3 Target Funding Dates
Schedule 5.1(a)(i)(A) Preferred Distributions
Schedule 5.1(a)(i)(B) Back-Leverage Return
Schedule 5.1(b) TCTA Proceeds Sharing
Schedule 6.8 Insurance
Schedule 8.11(a) Environmental Matters
Schedule A Knowledge Individuals

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PRAIRIE BX LLC

AMENDEDANDRESTATED

LIMITEDLIABILITYCOMPANYAGREEMENT

ThisAMENDEDANDRESTATEDLIMITEDLIABILITYCOMPANY AGREEMENT OF PRAIRIE BX LLC (this “Agreement”), dated as of November 3, 2025 (the “Execution Date”), is made and entered into by and between LONGPOINT PRAIRIE CLASS A, LLC, a Delaware limited liability company (“Investor”), as the initial Class A Member (as hereinafter defined), and PRAIRIE CLASS B LLC, a Delaware limited liability company (the “Sponsor Member”), as the initial Class B Member (as hereinafter defined).

RECITALS

A.    PRAIRIE BX LLC, a Delaware limited liability company (the “Company”), was formed by virtue of the Delaware Certificate.

B.    The Company has been formed to acquire Prairie Solar 1, LLC (the “ProjectCompany”),aDelawarelimitedliabilitycompanythatwilldevelop,construct,ownandoperatea 183 MWDC solar energy generating facility in Champaign County, Illinois (the “Project”).

C.    TheSponsorMember,astheformersolememberoftheCompany,enteredintothat certainLimitedLiabilityCompanyAgreementoftheCompany,dated asofOctober1,2025,(the “PriorLLCAgreement”),andatalltimespriortotheExecutionDate,theSponsorMemberowned one hundred percent (100%) of the Membership Interests of the Company.

D.    Each of Investor and the Sponsor Member desires for Investor to be admitted as a Member in the Company and designated as the initial Class A Member and for the Sponsor Member to be designated as the initial Class B Member, as set forth herein.

E.    In connection with the foregoing, the parties hereto desire to enter into this Agreement to reflect the issuance of the Class A Interest to Investor and the conversion of the existinginterestsintheCompanyoftheSponsorMemberintotheClassBInterest,andtofurther set forth the respective rights and obligations of the Members with respect to the Company.

NOW,THEREFORE,inconsiderationofthepremisesandthemutualundertakings contained herein, the parties hereto hereby agree as follows:

ARTICLE I

DEFINITIONS

1.1    CertainDefinitions.

The following initially capitalized terms, as and when used in this Agreement, shall have meanings set forth below:

“AAA”hasthemeaningsetforthin Section10.3(b).

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“Act”meanstheDelawareLimitedLiabilityCompanyAct,6Del.Code§§18-101etseq., as amended from time to time, and any successor statutes.

“AdjustedCapitalAccount”means,withrespecttoanyMember,thebalanceintheCapital Accountestablishedand maintainedforsuchMemberasoftheendofthe relevantTaxableYear, increased by the amount that such Member is deemed obligated to restore pursuant to the penultimate sentence in Regulation §§ 1.704-2(g)(1) and 1.704-2(i)(5).

“Adjusted Capital Account Deficit” means, with respect to any Member, the deficit balance, if any, in such Member’s Capital Account as of the end of the relevant Fiscal Year or portion thereof, after:

(a)    crediting to such Capital Account any amounts (including unpaid Capital Contributions)thatsuch Memberisobligatedto contributetotheCompanyortorestorepursuant to Section 12.3of this Agreement or is deemed to be obligated to restore pursuant to the penultimate sentences of Regulation § 1.704-2(g)(1) and (i)(5); and

(b)    debiting from such Capital Account the items described in Regulation § 1.704-1(b)(2)(ii)(d)(4), (5) and (6).

The foregoing definition of Adjusted Capital Account Deficit is intended to comply with theprovisionsofRegulation§1.704-1(b)(2)(ii)(d)andshallbeinterpretedconsistentlytherewith.

“Advisors” has the meaning set forth in Section 7.7(a).

“AffectedMember”hasthemeaning setforthin Section 9.6(b).

“Affiliate”means,withrespecttoanyPerson,aPersonthatdirectly,orindirectlythrough one or more intermediaries, Controls or is Controlled by, or is under common Control with the Personspecified.Withoutlimitingtheforegoing,anyPersonshallbedeemedtobeanAffiliateof any specified Person if such other Person owns more than fifty percent (50%) of the voting securities of the specified Person, if the specified Person owns more than fifty percent (50%) of the voting securities of such other Person, or if more than fifty percent (50%) of the voting securities of the specified Person and such other Person are under common control. For purposes of this Agreement, (a) the Class A Members, Blackstone Alternative Credit Advisors LP, any of its Affiliates or any investment fund, co-investment vehicles and/or other similar vehicles or accounts, in each case managed or advised by an Affiliate of Blackstone Alternative Credit AdvisorsLPshallnotbedeemedtobeAffiliatesoftheProjectCompany,theCompany,theClass B Members or Guarantor, (b) in no event shall any natural person (including in a capacity as an employee) be deemed an Affiliate of any Person and (c) in no event shall any indirect investor in aClassBMemberbedeemedtobeanAffiliateofanyMemberoranyoftheirrespectiveAffiliates (otherthansuchClassBMember,theCompany,or,inthecaseofanyotherAffiliate,totheextent such Person owns a direct or indirect interest in such Affiliate) by virtue of its indirect interest in such Class B Member and the Company.

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“After-Tax Basis” means, with respect to any payment to be actually or constructively received by any Person, the amount of such payment (the “base payment”) supplemented by a furtherpayment(the“additionalpayment”)tothatPersonsothatthesumofthebasepaymentplus theadditionalpaymentshall,afterdeductionoftheamountofallfederalincometaxesrequiredto bepaid by such Person in respect ofthereceipt oraccrual ofthe base payment and the additional payment, using an assumed rate equal to the Highest Marginal Rate (and ignoring state and local taxes),andtakingintoaccountanyfederalincometaxsavingsrealizedbytherecipientasaresult ofthepaymentortheeventgivingrisetothepayment,usinganassumedrateequaltotheHighest MarginalRate(andassumingtherecipienthassufficienttaxableincometofullyutilizeonacurrent basis any tax benefits resulting from the paymentor the event giving rise to the payment), equals the amount required to be received.

“Agreement”hasthemeaningsetforth inthepreamblehereto.

“ALTASurvey”meansanALTA/NSPSLandTitleSurveyoftheProjectSitepreparedin accordancewiththe2021ALTA/NSPSMinimumStandardDetailRequirements,includingTable A Items: 1, 2, 3, 4, 5, 6(b), 8, 11(a), 11(b), 13, 14, 16, and 18 (and, with respect to the as-built ALTASurveytobedeliveredpursuanttoSection3.8(q)ofthisAgreement,TableAItem19),and sufficient to remove all standard survey exceptions to the Title Policy.

“Anti-Bribery and Anti-Corruption Laws and Regulations” means all Applicable Laws concerning or relating to bribery or corruption, including the U.S. Foreign Corrupt Practices Act of 1977 and the U.K. Bribery Act 2010.

“Anti-Terrorism and Money Laundering Laws and Regulations” means all Applicable Laws concerning or relating to terrorism financing or money laundering, including the USA PATRIOT Act.

“Applicable Amount” has the meaning set forth in Section Error! Reference source notfound..

“Applicable Law” means all applicable laws of any Governmental Authority, including any ordinances, judgments, decrees, injunctions, writs and orders or like actions of any Governmental Authority, and any rules and regulations of any federal, regional, state, county, municipal or other Governmental Authority.

“Appraisal Procedure” means an appraisal conducted by a Qualified Appraiser mutually agreeable to the Class A Members and the Class B Members, or, in the case of Section 9.6(f), appointed by the Buyout Purchaser (with the reasonable consent of the Affected Member, such consent not to be unreasonably withheld, conditioned or delayed), which determination shall be final,bindingandconclusive.IftherelevantPartiesareunableto agreeon aQualifiedAppraiser, then, within ten (10) Business Days of written notice from the initiating party of the commencementofanAppraisalProcedure,theClassAMembers,ontheonehand,andtheClass B Members, on the other hand (or, in the case of Section 9.6(f), the Buyout Purchaser and the Affected Member), will each appoint one Qualified Appraiser, such Qualified Appraisers shall attempttoagreeuponthesubjectoftheappraisal.IfeitheroftheapplicablePartiesfailstoappoint

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itsrespectiveQualified Appraiserwithinsuchten(10)BusinessDayperiod,thedeterminationof the other Qualified Appraiser shall be conclusive and binding on the Parties. If the Qualified Appraisers appointed by the Parties are unable to agree upon the value or other determination in questionwithinthirty(30)daysafterthedateonwhichthelastoftheQualifiedAppraisersis appointed, such Qualified Appraisers shall jointly appoint a third Qualified Appraiser or, if such QualifiedAppraisersdonotappointathirdQualifiedAppraiser,theapplicablePartiesshalljointly appoint thethirdQualified Appraiser. Insuch case, theaverageofthedeterminations ofthethree Qualified Appraisers shall be conclusive and binding on the Parties, unless the determination of oneQualifiedAppraiserisdisparatefromthemiddledeterminationbymorethantwicetheamount by which the third determination is disparate from the middle determination, in which case the determinationofthemost disparateQualifiedAppraisershallbeexcluded, andtheaverageofthe remaining two determinations shall be conclusive and binding on the Parties. Any appraisal determined in accordance with the foregoing must be delivered within thirty (30) days after the date on which the last of the Qualified Appraisers is appointed pursuant to the process set forth above. Except as provided in Section 9.7(a), each Party shall pay (i) one half of the costs of a QualifiedAppraisermutuallyagreeabletobothPartiesand(ii)ifthePartiesareunabletoagreeon a Qualified Appraiser, the costs of the Qualified Appraiser selected by each such Party and one half of the costs of the third Qualified Appraiser (if necessary).

“Appraiser” means with respect to the Project, one of the following selected by the Class B Members and notified in writing to the Class A Members: Alvarez & Marsal, DAI, Deloitte, EY, KPMG, Marshall & Stevens or PwC.

“ApprovedBudget”hasthemeaningset forthinSection 6.7.

“Assets” means all right, title and interest of a Person in land, properties, buildings, improvements,fixtures,foundations,assetsandrightsofanykind,whethertangibleorintangible, real, personal or mixed, including contracts, leases, easements, equipment, systems, books, data, reports, studies and records, proprietary rights, intellectual property, Permits, rights under or pursuanttoallwarranties,representationsandguarantees,cash,accountsreceivable,depositsand prepaid expenses.

“Available Cash Flow” means, with respect to any Distribution Date, the gross cash receipts from Company operations (including sales and dispositions of Company Assets), insurance payments, warranty payments, indemnity payments in favor of the Company or the ProjectCompanyandwithdrawalsofcashpreviouslyreserved(excludingallCapitalContributions and excluding TCTA Proceeds), less the portion thereof used for payment of expenses, less any deposits to Permitted Reserves.

“Back-LeverageCollateralAgent”meansNatixis,NewYorkBranch

“Back-LeverageReturn”means,withrespecttotheClassBMembers,foreachapplicable Distribution Date, an amount of Available Cash Flow as set forth for such Distribution Date on Schedule 5.1(a)(i)(B)(as updated in accordance with this Agreement).

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“Back-LeverageLoanDocuments”means(a)forsolongastheProjectisindirectlyowned by MN8 Bleeker 2 LLC, the “Credit Documents” as such term is defined in that certain Credit Agreement,datedasof December31,2024,asamendedfromtimetotime,byandamongSeller, MN8Bleeker2LLC,MN8FMGClassBLLC,Natixis,NewYorkBranchasadministrativeagent and collateral agent, and the financial institutions from time to time party thereto as lenders and issuersoflettersofcredit,and(b)thereafter,the“LCFacilityDocuments”andthe“Note Documents”aseachsuchtermisdefinedinthatcertain IntercreditorAgreement,datedasofJuly 9,2025,byandamongMN8PortfolioIVLLC,MN8MulberryBESSHoldcoLLC,MN8Portfolio IV Holdco LLC, GSRP Leroy Blocker LLC, the grantors from time to time party thereto, each purchaser from time to time party thereto, and HSBC Bank USA, N.A., as first lien collateral agent, notes agent and intercreditor agent.

“Bankrupt” or “Bankruptcy” means, with respect to any Person: (a) that such Person (i) filesinanycourtpursuanttoanystatuteoftheUnitedStatesorofanystateavoluntarypetitionin bankruptcy or insolvency, (ii) files a petition or answer seeking for such Person a reorganization, arrangement, composition, readjustment, liquidation, dissolution or similar relief under any Applicable Law or the appointment of a receiver or a trustee of all or substantially all of such Person’s Assets, (iii) makes a general assignment for the benefit of creditors, (iv) becomes the subject of an order for relief or is declared insolvent in any federal or state bankruptcy or insolvency proceedings, (v) files an answer or other pleading admitting or failing to contest the materialallegationsofapetitionfiledagainstsuchPersoninaproceedingofthetypedescribedin subclauses (i)through (iv)of this clause (a), (vi) admits in writing its inability to pay its debts as theyfalldue(providedthatanysuchdebtssubjecttobonafidedisputesareexemptfromsubsection (vi)),or(vii)seeks,consentstooracquiescesintheappointmentofatrustee,receiverorliquidator of substantially all of its Assets; or (b) a petition in bankruptcy or insolvency, or a proceeding seeking reorganization, arrangement, composition, readjustment, liquidation, dissolution, or similarreliefunderanyApplicableLawhasbeencommencedagainstsuchPerson,and sixty(60) days have expired without dismissal thereof or with respect to which, without such Person’s consentoracquiescence,atrustee,receiver,orliquidatorofsuchPersonorofalloranysubstantial part of such Person’s properties has been appointed and sixty (60) days have expired without the appointment’s having been vacated or stayed, or sixty (60) days have expired after the date of expiration of a stay, if the appointment has not previously been vacated; or (c) if a Member, the wholeoranymaterialportionofsuchPerson’sMembershipInterestisleviedorattached,andsuch levy or attachment is not released or discharged within sixty (60) days.

“Base Case Model” means the financial equity base case model, “MN8AssetModel_20251016_v09.xlsx”, attached hereto as Exhibit Aas agreed and accepted by the Members, as it may be updated from time to time as contemplated herein.

“Beginning of Construction Bring-Down Certificate” means an executed copy of the Beginning of Construction Bring-Down Certificate in the form attached as Exhibit H-2.

“Beginning of Construction Certificate” means an executed copy of the Beginning of Construction Certificate in the form attached as Exhibit H-1.

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LLC AGREEMENT (PRAIRIE BX LLC)


“BeneficialOwnershipCertification”meansacertificationregardingbeneficialownership requiredbytheBeneficialOwnershipRegulation,whichcertificationshallbesubstantiallysimilar in form and substance to the form of Certification Regarding Beneficial Owners of Legal Entity Customerspublishedjointly,inMay2018,bytheLoanSyndicationsandTradingAssociationand Securities Industry and Financial Markets Association.

“BeneficialOwnershipRegulation”means31C.F.R.§1010.230.

“Business Day” means any day other than Saturday, Sunday and any other day on which banks in New York, New York are authorized to be closed.

“Buyout Event” has the meaning set forth in Section 9.6(a).

“Buyout Notice” has the meaning set forth in Section 9.6(d).

“BuyoutPurchasers”hasthemeaningsetforthinSection9.6(c).

“Capital Account” means, with respect to each Member, the account established and maintained for such Member on the books of the Company in compliance with Regulation §§ 1.704-1(b)(2)(iv) and 1.704-2, as amended, and Section 4.1of this Agreement.

“Capital Contribution” means any capital contribution to the Company, including any capital contributions made by Members pursuant to Article IIIhereof, and any reference to the Capital Contributions of a Member shall include the Capital Contributions of any predecessor Holder of such Member’s Units.

“Capital Notice” has the meaning set forth in Section 3.4(b).

“CashDistributions”hasthemeaningsetforthinSection10.2(c).

“Cash Shortfall” has the meaning set forth in Section 3.4(b).

“CashTriggerAmount”hasthemeaningset forthin Section 10.2(d)(i).

“Certified Public Accountant” means CohnReznick LLP, as appointed from time to time by the Managing Member, with the consent of the majority of the Class A Members.

“Changein Applicable LawEvent”means achangein ApplicableLawthat (a)rendersor wouldreasonablybeexpectedtorenderanyTransactionDocumentillegalorunenforceableorthe performance by any party thereto illegal or unenforceable, (b) does or would reasonably be expected to eliminate, abolish or make illegal or materially and negatively affect the authority or rights of the Company or the Project Company to generate and sell the electricity and other attributes generated by the Project in the applicable jurisdiction, or (c) solely to the extent not reflectedintheBaseCaseModel,doesorwouldreasonablybeexpectedto(i)materiallyadversely affect the economic value of the Company or the Project Company in the applicable jurisdiction, including the economic value of any Offtake Agreement or (ii) result in a material adverse effect to the Company’s financial projections or assumptions.

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“ChangeinTaxLaw”means(a)anychangeinoramendmenttotheCode;(b)anychange in,orissuanceof,orpromulgationofanytemporaryorfinalRegulations;(c)decisionoftheU.S. TaxCourt,theU.S.CourtofFederalClaims,aU.S.DistrictCourt,aU.S.CourtofAppealsorthe U.S. Supreme Court, that applies, advances or articulates a new or different interpretation of analysisofanyprovisionoftheCode,anyotherapplicablefederaltaxstatuteoranytemporaryor final Regulation; or (d) any guidance, advice, statement, notice, announcement, proclamation, revenue ruling, revenue procedure, private letter ruling or other written guidance issued by the IRS,thatapplies,advancesorarticulatesanewordifferentinterpretationoranalysisofany provisionoftheCode,anyotherapplicablefederaltaxstatuteoranytemporaryorfinalRegulation, in each case which is enacted, passed, promulgated or issued, as applicable following the Execution Date and prior to the SC Funding Date to occur and that materially affects the tax treatment or tax consequences to (i) the Company in connection with the Company’s acquisition oftheProjectCompanyandProjector(ii)theCompany,theProjectCompany,theProjectorany ClassAMembersorthepurchaserunderaTaxCreditTransferAgreementinconnectionwith(1) theacquisitionorownershipoftheClassAInterests,(2)theallocationswithrespecttheretoor(3) the ability of the Company to transfer the ITC in the manner and for the economic value as contemplated in the Base Case Model.

“ClaimNotice”hasthe meaningsetforthin Section11.3.

“Claims” means all claims, suits, demands, injunctions, actions, causes of action, assessments, cleanup and remedial obligations, judgments, awards, liabilities, losses (including amountspaidinsettlementofclaims),damages(includinganyconsequential,punitive,incidental or special damages recovered by any Third Party but excluding any consequential, punitive, incidentalorspecialdamagesassertedbyanyMemberoranAffiliate),fines,fees,taxes,penalties, costsandexpensesofeverykindandcharacter(includinglitigationcostsandreasonableattorneys’ and experts’ fees and expenses, including such fees and expenses at trial and on any appeal).

“Class A Commitment Guaranty” means that certain Limited Guaranty by Class A GuarantorsinfavoroftheClassBMembers,datedasofthedatehereof,whichshallguaranteethe Class B Members the payment when due of the Class A Mechanical Completion Capital Contributions and the Class A Substantial Completion Capital Contributions.

“ClassA DRO Cap”means $9,600,000.

“Class A Guarantors” means Blackstone Green Private Credit Fund III-E AIV-3 LP, BlackstoneGreenPrivateCreditFund IIIAIV-2ALP,BlackstoneGreen PrivateCreditFund III-ECo-InvestAIV-1LP, BlackstoneBGREEN III Co-InvestmentFundCLP,andBXCBGREEN III Parallel Co-Invest Fund SE II LP.

“Class A Imputed Underpayment” means, in respect of an Imputed Underpayment Final Determination,alloranyportionoftheImputedUnderpaymentdeterminedbytakingintoaccount (on a standalone basis) only those Partnership Adjustments that resulted from a breach of any representation, warranty or covenant of the Class A Members in this Agreement.

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“Class A Interest” means, with respect to a Class A Member: (a) such Class A Member’s statusasaClassAMember;(b)suchClassAMember’sshareofCompanyItems,andtherightto receive distributions from, the Company; (c) all other rights, benefits and privileges enjoyed by that Class A Member (under the Act, this Agreement, or otherwise) in its capacity as a Class A Member, including that Class A Member’s right to vote, consent and approve and otherwise to participatein the management oftheCompany, to theextent providedin thisAgreement; and (d) all obligations, duties and liabilities imposed on that Class A Member (under the Act, this Agreement or otherwise) in its capacity as a Class A Member, including any obligations to make Capital Contributions.

“ClassAMechanicalCompletionContribution”hasthemeaningsetforthinSection3.3(a).

“Class A Member” means a Member that holds one or more Class A Units.

“ClassAMemberBase Return”meansaPre-TaxIRRof 7.5%.

“Class A Member Capital Contribution” means a Capital Contribution of the Class A Members made in accordance with the terms of this Agreement.

“ClassAMemberCommitment”means$64,000,000.

“ClassAMemberInvestmentAmount”meanstheamountthatisneededtobecontributed by the Class A Members such that the Class A Members achieve the Investment Criteria, as reflected in the Updated Base Case Model delivered in connection with the MC Funding Date or SC Funding Date, providedthat the amount to be so contributed on a MC Funding Date shall be equal to 20% of the amount to be so contributed in the aggregate with respect to the Project as reflected in the Updated Base Case Model.

“ClassASubstantialCompletionContribution”hasthemeaningsetforthinSection3.3(b).

“ClassATCTAProceedsAmount”meansanamountequaltotheClassATCTAProceeds PercentageoftheamountofTCTAProceedssetforthintheUpdatedBaseCaseModelassociated withtheTaxCreditTransferAgreement enteredintoinconnectionwithITCsassociatedwiththe Project that is approved by the Class A Members.

“Class A TCTA Proceeds Percentage”has the meaning set forth on Schedule 5.1(a)(i)(A)(as such percentage may be updated as set forth in the Updated Base Case Model).

“ClassAUnit”meansa unitrepresentingaClassAInteresthavingtherights,preferences and designations provided for such class in this Agreement.

“ClassAWithdrawal”hasthemeaningsetforthinSection 3.11(a).

“ClassAWithdrawal TriggerEvent”hasthemeaning setforth in Section3.11(a).

“Class B Imputed Underpayment” means, in respect of a Imputed Underpayment Final Determination,alloranyportionoftheImputedUnderpaymentdeterminedbytakingintoaccount

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(on a standalone basis) only those Partnership Adjustments that resulted from breach of any representations,warranties,orcovenantsbytheClassBMembers,theManagingMember(aslong as it is an Affiliate of a Class B Member), or the Partnership Representative (as long as it is an AffiliateofaClassBMember)underthisAgreementortheSellerunderthePurchaseAgreement.

“ClassBInterest”means,withrespecttoanyClassBMember:(a)suchClassBMember’s statusasaClassBMember;(b)suchClassBMember’sshareofCompanyItems,andtherightto receive distributions from the Company; (c) all other rights, benefits and privileges enjoyed by that Class B Member (under the Act, this Agreement, or otherwise) in its capacity as a Class B Member, including that Class B Member’s right to vote, consent and approve and otherwise to participateinthemanagementoftheCompany,totheextentprovidedinthisAgreement;and(d) all obligations, duties and liabilities imposed on that Class B Member (under the Act, this Agreement or otherwise) in its capacity as a Class B Member, including any obligations to make Capital Contributions.

“ClassBMechanicalCompletionContribution”hasthemeaningsetforthinSection3.3(a).

“Class B Member” means a Member that holds Class B Units.

“ClassBSubstantialCompletionContribution”hasthemeaningsetforthinSection3.3(b).

“Class B TCTA Proceeds Priority Amount” means an amount equal to the difference of the Purchase Price (as defined in the applicable Tax Credit Transfer Agreement) minus the Class A TCTA Proceeds Amount.

“ClassBUnit”meansa unitrepresentingaClass BInteresthavingthe rights,preferences and designations provided for such class in this Agreement.

“Code”meanstheInternalRevenueCodeof1986,asamendedfromtimetotime,andany successor federal tax statute or other federal income tax law.

“CommitmentExpirationDate”meanstheearlierof(i)theSCFundingDateand(ii)June 30, 2026.

“Commitment Period” means the period beginning on the Execution Date and ending on theearliestof(a)theCommitmentExpirationDate,(b)thedatethattheaggregateClassAMember Capital Contributions equal the Class A Member Commitment and (c) the date of termination pursuant to the terms hereof.

“Company”hasthemeaningsetforthintherecitalshereto.

“Company Assets” means the Assets of the Company.

“Company Items” means the separate items of income, gain, loss, deduction and credit of the Company for purposes of subchapter K of the Code.

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“Company Minimum Gain” has the meaning given to the term “partnership minimum gain” set forth in Regulations Section 1.704-2(b)(2) and will be determined as provided in Regulations Section 1.704-2(d).

“ConfidentialInformation”hasthemeaningsetforthin Section7.7(a).

“ConsentofAllMembers”means(a)theconsentorapprovalofeachClassAMemberand (b)theconsent orapproval ofeach ClassB Member.

“Construction Contracts” means the EPC Contracts and Equipment Supply Contracts.

“ConstructionIndebtedness”meansIndebtednessundertheConstructionLoanAgreement subjecttothetermsoftheapplicable Forbearance Agreement.

“Construction Loan Agreement” means that certain Credit Agreement, dated as of December 31, 2024, as amended as of May 6, 2025, and as further amended as of June 12, 2025, byandbetweenSeller,MN8BleekerLLC,Natixis,NewYorkBranchasadministrativeagentand collateral agent thereunder, and the lenders and issuing banks party thereto from time to time.

“Consultant Reports” means the Cost Seg/Appraisal Reports, the Independent Engineer Report, the Insurance Consultant Report, the Environmental Report, the Market Report and the Transmission Report.

“Consultants” means the Qualified Appraiser, the Independent Engineer, the Insurance Consultant, the Environmental Consultant, the Market Consultant, the Transmission Consultant, the Investor’s Engineer and the ESG Consultant.

“Contract”meansanycontract,lease,evidenceofindebtedness(includinganypromissory note), purchase order, letter of credit, license, obligation, or other legally binding agreement or undertaking of any other nature, in each case in writing, but not including any Permit.

“Contribution Value” means the Value of a Company asset contributed by a Member to theCompanyonthe date ofsuch contribution (netofliabilitiessecuredby suchcontributed asset that the Company is treated as assuming or taking subject to).

“Control”meansthepossession,directlyorindirectly,ofeitherofthe following:

(a)    (i) in the case of a corporation, more than fifty percent (50%) of the outstanding voting securities thereof; (ii) in the case of a limited liability company, partnership, limitedpartnershiporjointventure,therighttomorethanfiftypercent(50%)of thedistributions (including liquidating distributions) therefrom; (iii) in the case of a trust or estate, including a businesstrust,morethanfiftypercent(50%)ofthebeneficialinteresttherein;and(iv)inthecase ofanyotherentity,morethanfiftypercent(50%)oftheeconomicorbeneficialinteresttherein;or

(b)    in the case of any entity, the power or authority, through ownership of votingsecurities,bycontractorotherwise,todirectorcausethedirectionofthemanagementand the policies of the entity.

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“CostSeg/AppraisalReport”meansthereportissuedandpreparedbytheAppraiser,which includes confirmation of the Project Company’s tangible and intangible asset cost segregation, depreciation and amortization rates, and depreciation and amortization expenses delivered as of the Execution Date, as such report may be updated as contemplated herein.

“Damages”hasthemeaning setforthin Section11.1(a).

“Data   Room”   means   the   virtual   data   room   titled   “9.Blackstone”   located   at https://airenew.sharepoint.com/:f:/r/sites/Treasury/160Capital%20Markets%20and%20Project%20Finance/00.%20External%20TE%20Investors/9.%20Blackstone?csf=1\&web=1\&e=USADqf..

“Delaware Certificate” means the Certificate of Formation of the Company filed with the Secretary of State of the State of Delaware on October 1, 2025, and as amended or restated from time to time.

“Depreciation” means, for each Taxable Year or other taxable period, an amount equal to thedepreciation,amortization,orothercostrecoverydeductionallowableforU.S.federalincome tax purposes with respect to an asset for such period, except that (a) with respect to any asset the GrossAssetValueofwhichdiffersfromitsadjustedtaxbasisforU.S.federalincometaxpurposes at the beginning of such period and which difference is being eliminated by use of the “remedial allocationmethod”asdefinedbyRegulation§1.704-3(d),DepreciationforsuchTaxableYearor other taxable period shall be the amount of book basis recovered for such Taxable Year or other taxable period under the rules prescribed by Regulation § 1.704-3(d)(2), and (b) with respect to anyotherassettheGrossAssetValueofwhichdiffersfromitsadjustedtaxbasisforU.S.federal income tax purposes at the beginning of such Taxable Year or other taxable period, Depreciation shall be an amount that bears the same ratio to such beginning Gross Asset Value as the U.S. federalincometaxdepreciation,amortization,orothercostrecoverydeductionallowableforsuch Taxable Year or other taxable period bears to such beginning adjusted tax basis; provided, however,in the case of clause (b)above, if the adjusted tax basis for U.S. federal income tax purposes of an asset at the beginning of such Taxable Year or other taxable period is zero, Depreciation shall be determined with reference to such beginning Gross Asset Value using any reasonable method selected by the Managing Member.

“DisqualifiedEntity”meansatanytimeduringtheRecapturePeriod,(a)theUnitedStates, any state or political subdivision thereof, any possession of the United States, or any agency or instrumentality of any of the foregoing, (b) any organization which is exempt from tax imposed bytheCode(includinganytax-exemptentitywithinthemeaningofSection168(h)(2)oftheCode and any tax-exempt controlled entity within the meaning of Section 168(h)(6)(F)(iii) of the Code ifsuch entity has not madethe election provided in Section 168(h)(6)(F)(ii)ofthe Code), (c) any Personwhoisnota“UnitedStatesperson”asdefinedinSection7701(a)(30)oftheCode,(d)any IndiantribalgovernmentdescribedinSection7701(a)(40)oftheCode,(e)arealestateinvestment trust, as defined in Code Section 856(a), (f) a regulated investment company as defined in Code Section851(a),(g)acooperativeorganizationdescribedinSection1381(a)oftheCode,or(h)any partnershiporotherpass-throughentity,anydirectorindirectpartner(orotherholderofanequity or profits interest) of which is a Person described in clauses (a)through (g), unless such Person owns its interest indirectly through a taxable C corporation that is not a corporation described in

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clauses (a)through(g);provided,however,thatanysuchPersondescribedinclauses(a)through (d)shall not be considered a Disqualified Entity to the extent that (i) the exception under Section 168(h)(1)(D)oftheCodeapplieswithrespecttotheincomefromtheCompanyforthatPerson,or (ii) the Person is described within clause (c)of this definition, and the exception under Section 168(h)(2)(B)(i)oftheCodeapplies withrespectto theincomefromtheCompanyforthatPerson.

“Disqualified Person” means any Person that (a) is a Sanctioned Person or (b) is or has been,inthepastfive(5)years,subjecttoanyinvestigation,claim,action,proceedingorlitigation with regard to any violation of applicable Economic Sanctions Laws and Regulations, applicable Trade Controls Laws and Regulations, applicable Anti-Bribery and Anti-Corruption Laws and Regulations or applicable Anti-Terrorism and Money Laundering Laws and Regulations.

“DistributionDate”meansaBusinessDaywhichiswithinfifteen(15)BusinessDaysafter the last Business Day of any Semi-Annual Period.

“DistributionValue”meanstheValueofaCompanyassetdistributedtoaMemberbythe Company on the date of such distribution (net of liabilities secured by such distributed asset that such Member is treated as assuming or taking subject to).

“DRONotice”hasthemeaning setforth in Section12.3(a).

“DROZeroDate”means(a)iftheAdjustedCapitalAccountofeachClassAMemberdoes nothaveadeficitasoftheFlipPoint,theFlipPoint,or(b)iftheAdjustedCapitalAccountofany Class A Member has a deficit as of the Flip Point, the first date after the Flip Point on which the Adjusted Capital Account of each such Class A Member does not have a deficit.

“Economic Sanctions Laws and Regulations” means any and all economic and financial sanctions and trade embargoes imposed, administered or enforced by: (a) the U.S. government (includingtheU.S.DepartmentofStateandOFAC),(b)theUnitedNationsSecurityCouncil,(c) the European Union or any of its member states, (d) Switzerland (including the State Secretariat for Economic Affairs), or (e) the United Kingdom (including His Majesty’s Treasury).

“Encumbrances” means encumbrances, liens, charges, pledges, collateral assignments, restrictionsontransfer,options,warrants,mortgages,deedsoftrust,securityinterests,easements, purchaserights,rightsoffirstrefusalandencroachmentsofeverytypeanddescriptionwhatsoever, whether voluntary or involuntary, choate or inchoate or imposed by Applicable Law (including any agreement to give any of the foregoing or any conditional sale or other title retention agreement), and whether or not of record, and “Encumber” means any action or inaction (where there is an affirmative obligation to act) creating an Encumbrance.

“Energy Community Bring-Down Certificate” means an executed copy of the Energy Community Bring-Down Certificate in the form attached as Exhibit J-2.

“Energy Community Certificate” means an executed copy of the Energy Community Certificate in the form attached as Exhibit J-1.

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“Energy Management Agreement” means the Contract(s) under the heading “Energy Management Agreements” in Error! Reference source not found..

“EnergyManager”meansthecounterparty(ies)totheEnergyManagementAgreement.

“Environmental Consultant” means SWCA Environmental Consultants.

“EnvironmentalLaws”meansanyandallApplicableLawspertainingtotheenvironment, human health, cultural or natural resources, or the generation, handling, management, transportation, storage, disposal, Release or threatened Release of or exposure to Hazardous Substances, including: (a) the Comprehensive Environmental Response, Compensation and Liability Act of 1980, as amended by the Superfund Amendments and Reauthorization Act of 1986, 42 U.S.C. §§ 9601 et seq.; the Federal Water Pollution Control Act, 33 U.S.C. §§ 1251 et seq.;theCleanAirAct,42U.S.C.§§7401etseq.;theToxicSubstancesControlAct,15U.S.C. §§2601etseq.;theEmergencyPlanningandCommunityRighttoKnowActof1986,42U.S.C. §§ 11001 et seq.; the Safe Drinking Water Act, 42 U.S.C. §§ 300(f) et seq.; the Hazardous MaterialsTransportationAct,49U.S.C.§§5101etseq.;theFederalInsecticide,Fungicideand Rodenticide Act, 7 U.S.C. §§ 136 et seq.; the Resource Conservation and Recovery Act of 1976, 42 U.S.C. §§ 6901 et seq.; the Oil Pollution Act of 1990, 33 U.S.C. §§ 2701 et seq.; the OccupationalSafetyandHealthAct,29U.S.C.§§651etseq.(totheextentanyprovisionsthereof relate to environmental matters); the National Environmental Policy Act, 42 U.S.C. §§ 4321 et seq.;theEndangeredSpeciesAct,16U.S.C.§§1531etseq.;theBaldandGoldenEagleProtection Act, 16 U.S.C. §§ 668 et seq.; the Migratory Bird Treaty Act, 16 U.S.C. §§ 703 et seq.; National Historic Preservation Act of 1966, 54 U.S.C. §§ 300101 et seq.; Title 14 Code of Federal Regulations Part 77 and 49; (b) and any similar, analogous, or implementing state or local laws andallamendmentsorregulationspromulgatedthereunder;and(c)anyapplicabledecisionallaw ofany Governmental Authority, as each oftheforegoing maybeamended orsupplemented from time to time in the future, in each case to the extent applicable with respect to the property or operation to which application of the term “Environmental Law” relates.

“EnvironmentalPermits”meansallPermitsissuedorrequiredunderanyEnvironmental Law.

“EnvironmentalReport”meansthefinalPhaseIEnvironmentalSiteAssessmentprepared by the Environmental Consultant for the Project as such report may be updated as contemplated herein.

“EPCContract”meanstheContract(s)undertheheading“EPCContracts”inError!Referencesourcenotfound..

“EPCContractor”meansthecounterparty(ies)totheEPCContract.

“Equipment Supply Contract” means the Contract(s) under the heading “Equipment Supply Contracts” in Error! Reference source not found..

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“Equity Interests” means shares of capital stock, partnership interests, limited liability company interests or membership interests in a limited liability company (including voting and economic interests therein), beneficial interests in a trust or other equity interests in any Person, andanyoption,warrant,commitment,preemptiverightsoragreementsofanykind(includingany members’orvotingagreements)entitlingtheholderthereoftopurchaseorotherwiseacquireany such equity interest.

“ERISA”meanstheEmployeeRetirementIncomeSecurityActof1974,asamended.

“Escrow” has the meaning set forth in Section 5.4(c).

“EscrowAgent”hasthemeaningsetforthinSection5.4(c).

“ESGConsultant”meansTRCEnvironmental Corporation.

“EventofLoss”meansanycasualty,loss,damage,theft,ordestructionoftheProject causingdamagetotheProjectinexcessof$2,000,000thatisunrepairedorotherwiseunremedied.

“EWG”meansan“exemptwholesalegenerator”withinthemeaningofSection1262(6)of PUHCA and the FERC’s regulations at 18 C.F.R. § 366.1.

“ExecutionDate”hasthe meaningsetforthinthe preamblehereto.

“FairMarketValue”means,withrespecttoanyAsset,thepriceatwhichtheAssetwould change hands between a willing third-party buyer and a willing third-party seller, neither being underanycompulsiontobuyortosell,andbothhavingknowledgeoftherelevantfactsandtaking into account the full useful life of the asset in an arms-length transaction.

“Fee Letter” means that certain Fee Letter, dated November 3, 2025, between BlackstonePrivate Credit StrategiesLLC (togetherwith its affiliates) and MN8 Energy LLC.

“FERC” means the Federal Energy Regulatory Commission and any successor agency.

“FinalCompletion”means(a)allPerformanceTestspursuanttotheEPCContracthave been successfully completed, and (b) (i) the Project has achieved “Final Completion” under the EPC Contract and (ii) all items on the “Punch List” as defined in the EPC Contract have been completed.

“Final Determination” means (a) a decision, judgment, decree or other order by any court of competent jurisdiction, which decision, judgment, decree or other order has become final (i.e., whenallappealsotherthantotheSupremeCourtorthehighestjudicialbodyofastate allowable hereby and by law have been exhausted by either party to the action or the time for filing such appeals has expired) or, in any case where judicial review shall be unavailable by reason of the proposed adjustment involving a decrease in a net operating loss or business credit carryforward, a decision, judgment, decree or other order of an administrative official or agency of competent jurisdiction, which decision, judgment, decree or other order has become final (i.e., when all administrativeappeals havebeen exhaustedby eitherparty), (b) aclosing agreement entered into

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pursuanttoSection7121oftheCodeoranyothersettlementagreemententeredintoinconnection with an administrative or judicial proceeding and in accordance with this Agreement (including, fortheavoidanceofdoubt,anyrequiredconsentoftheMembersinArticleVIII),(c)theexpiration ofthetimeforinstitutingaclaimforrefund,orifsuchaclaimwasfiled,theexpirationofthetime forinstitutingsuit with respect thereto or(d)theexpiration ofthetimeforassessing adeficiency, or if a deficiency was assessed, the expiration of the time for instituting suit with respect thereto.

“Final Partnership Adjustment Determination” means a Final Determination of a Final PartnershipAdjustmentNotice,providedthatsuchFinalDeterminationisprosecutedinamanner consistent with Article VIII.

“Final Partnership Adjustment Notice”means a notice of final partnership adjustment mailedbytheIRSunderSection6231(a)(3)oftheCodewithrespecttoaPartnershipAdjustment for a Taxable Year.

“FiscalQuarter”meansthecalendarquarterseachendedMarch31,June30,September30 and December 31 during each Fiscal Year.

“FiscalYear”means(a)theperiodcommencingontheExecutionDateand endingonthe immediatelysucceedingDecember31,(b)anysubsequentcalendaryearuntilthelastfullcalendar year prior to the date on which the Company is terminated under Article XIIhereof, and (c) the periodcommencingonJanuary 1ofthe calendaryearinwhichtheCompanyisterminatedunder Article XIIhereof and ending on the date on which the Company is terminated under Article XIIhereof.

“Flip Date” means the first day of the calendar month following the month in which the Flip Point occurs.

“Flip Imputed Underpayment” means in respect of an Imputed Underpayment Final Determination,alloranyportionoftheImputedUnderpaymentdeterminedbytakingintoaccount (on a standalone basis) only those Partnership Adjustments that are not taken into account in a Class A Imputed Underpayment or Class B Imputed Underpayment and that cause the Flip Date to be delayed (calculated by re-running the Base Case Model as of the Execution Date, adjusted only with respect to such Partnership Adjustments and taking into account any Capital ContributiontobemadebytheClassAMemberasaresultofsuch FlipImputedUnderpayment).

“Flip Point” means the later of (i) the point in time at which the Class A Units are determined, under the procedures set forth in Article X, to have realized a Pre-Tax IRR equal to the Class A Member Base Return and (ii) the end of the Recapture Period.

“Forbearance Agreement” means a forbearance or interparty agreement between the InvestorandthefinancingpartiesprovidingfinancingundertheConstructionLoanAgreement(or such financing providers’ agent), in form and substance acceptable to the Investor.

“FPA”meanstheFederalPowerAct,as amended,and FERC’simplementingregulations thereunder.

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“FundamentalDecision”hasthemeaningsetforthin Section 6.2(b).

“Funding Date” means the MC Funding Date, any Interim Funding Date and/or SC Funding Date, as applicable.

“GAAP”meansgenerallyaccepted accountingprinciplesintheUnited StatesofAmerica consistently applied.

“Governmental Authority” means any foreign, federal, territorial, state, local or other governmental,regulatoryoradministrativeagency,court,commission,department,board,orother governmentalsubdivision,legislature,rulemakingboard,court,tribunal,arbitratingbodyorother governmental authority having jurisdiction or effective control over the Project Company, the Seller, the Company, any Member, any of their respective Affiliates or the Project, including FERC, MISO, NERC and its regional entities, ICC and MRO.

“Gross Asset Value” means, with respect to any asset of the Company, for purposes of determining and maintaining a Member’s Capital Account, the asset’s adjusted tax basis for U.S. federal income tax purposes, except as follows:

(a)    the initial Gross Asset Value of any asset contributed (or deemed contributed) by a Member to the Company shall be the Value of such asset as of the date of contribution;

(b)    theGross Asset Valuesofall theCompanyassets will beadjusted to equal theirrespectiveValues(takingCodeSection7701(g)intoaccount)upontheoccurrenceofanyof thefollowingevents:(i)theacquisitionofaneworadditionalMembershipInterestbyanynewor existingMemberinexchangeformorethanademinimisCapitalContribution;(ii)thedistribution bytheCompanytoaMemberofmorethanademinimisamountofCompanyproperty(including cash) as consideration for all or a portion of a Membership Interest; (iii) the liquidation of the CompanywithinthemeaningofRegulation§1.704-1(b)(2)(ii)(g);(iv)thegrantofaMembership Interest (other than a de minimis Membership Interest) as consideration for the provision of servicestoorforthebenefitoftheCompanybyanexistingMemberactinginaMembercapacity, orbyanewMemberactinginaMembercapacityorinanticipationofbecomingaMember;and (v) the occurrence of any other event with respect to which a revaluation of Company assets is permittedunderRegulation§1.704-1(b)(2)(iv)(f);provided,however,thatanadjustmentpursuant to an event described in subclauses (i), (ii), (iv)or (v)of this clause (b)shall be made only if the Managing Member reasonably determines that such adjustment is necessary or appropriate to reflect the relative economic interests of the Members in the Company;

(c)    the Gross Asset Value of any Company asset distributed (or deemed distributed)toanyMembershallbeadjustedtoequaltheValue(takingCodeSection7701(g)into account) of such asset on the date of distribution;

(d)    the Gross Asset Values of all Company assets shall be adjusted to reflect any adjustments to the adjusted basis of such assets pursuant to Code Section 732(d), 734(b) or 743(b), but only to the extent that such adjustments are required to be taken into account in

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determiningCapitalAccountspursuanttoRegulation§1.704-1(b)(2)(iv)(m);provided,however,that Gross Asset Values shall not be adjusted pursuant to this clause (d)to the extent that an adjustment pursuant to clause (b)is made in connection with a transaction that would otherwise result in an adjustment pursuant to this clause (d); and

(e)    if the Gross Asset Value of an asset has been determined or adjusted pursuanttoclause(a),(b)or(d)above,suchGrossAssetValueshallthereafterbeadjustedbythe Depreciationtakenintoaccountwithrespecttosuchasset(andnotthedepreciation,amortization, or other cost recovery deduction allowable for U.S. federal income tax purposes) for purposes of computing Net Income and Net Loss.

“Guarantor”means MN8 Energy LLC (or its successor in interest following any merger, division, recapitalization, orothercapital event), orany subsequent guarantorin accordancewith Section 9.3(g)(iii).

“Guaranty” means that certain Guaranty, dated as of the Execution Date, made by Guarantor in favor of Investor.

“Hazardous Substance” means (a) hazardous materials, hazardous wastes, and hazardous substances as those terms are defined under any applicable Environmental Laws, (b) petroleum and petroleum products, including crude oil and any fractions thereof, (c) natural gas, synthetic gas, and any mixtures thereof, (d) asbestos and/or any material which contains any hydrated mineral silicate, including chrysolite, amosite, crocidolite, tremolite, anthophyllite, and/or actinolite,whetherfriableornon-friable,(e)PCBs,orPCB-containingmaterialsorfluids,(f) radon, (g) any other hazardous, radioactive, toxic, or noxious substance, materials, pollutant, or solid, liquid or gaseous waste as those terms are defined under any applicable Environmental Laws, and (h) per- or polyfluoroalkyl substances.

“Highest Marginal Rate” means as of a given date of determination, the then highest marginalrateforfederalincometaxapplicabletoU.S.corporationssubjecttotaxundersubchapter C of the Code.

“Holder” means, as to a Class A Unit, the Class A Member holding such Class A Unit, and, as to a Class B Unit, the Class B Member holding such Class B Unit.

“ICC”meanstheIllinoisCommerceCommissionandanysuccessoragency.

“ImputedUnderpayment”means,withrespecttotheCompany,animputedunderpayment within the meaning of Section 6225(b) of the Code.

“Imputed Underpayment Defaulted Contribution” has the meaning set forth in Section3.4(d)(iv).

“Imputed Underpayment Final Determination” has the meaning set forth in Section8.7(d)(iii).

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“Indebtedness” means (a) any indebtedness for borrowed money, (b) any indebtedness evidenced by any note, bond, debenture, mortgage or other debt instrument or debt security, (c) amounts owing as the deferred purchase price for the purchase of property or services under any Major Project Contract other than accounts payable incurred pursuant to trade contracts or other obligationsofalikenatureincurredintheOrdinaryCourseofBusinesswhicharelessthanninety (90) days past due, (d) liabilities under any interest rate protection agreement, interest rate future agreement,interestrateoptionagreement,interestrateswapagreementorothersimilaragreement designedtoprotectaPersonagainstfluctuationsininterestratesorothercurrencyfluctuations,(e) all contingent reimbursement obligations with respect to outstanding letters of credit, (f) any obligations under capitalized leases, conditional sales contracts and other similar title retention instrumentswhethershorttermorlongterm,(g)anyobligationsofthetypesreferredtoinclauses(a)through (f)secured by an Encumbrance on any property or assets of a Person and/or any off-balance sheet financings, and (h) all guarantees of obligations of a type referred to in clauses (a)through (g).

“IndemnificationClaims”hasthemeaningsetforthinSection11.1(b).

“Indemnified Parties” has the meaning set forth in Section 11.1(b).

“Indemnifying Parties” has the meaning set forth in Section 11.1(b).

“IndependentEngineer”meansEnertisSolarInc.oranotherindependentengineeringfirm reasonably acceptable to the Investor.

“Independent Engineer Report” means the final report of the Independent Engineer with respecttotheProject,datedonorbeforetheExecutionDate,asitmaybeupdatedascontemplated herein.

“IndependentExpert”hasthemeaning setforthinSection 10.3(a).

“Indirect Membership Interest” means, with respect to any Person that has an indirect ownershipinterestinaMembershipInterest,anyshare,capitalstock,partnership,membershipor similar interest or other indicia of equity ownership in such Person; provided, however,that an “Indirect Membership Interest” shall not include any direct or indirect ownership interest in (a) a Parent or (b) any Member that is deemed not to have a Parent.

“InsuranceConsultant”meansMooreMcNeiloranotherindependentinsuranceconsultant reasonably acceptable to the Investor.

“Insurance Consultant Report” means the final report of the Insurance Consultant with respecttotheProject,datedonorbeforetheExecutionDate,asitmaybeupdatedascontemplated herein.

“Interconnection Agreement” means the Contract(s) under the heading “Interconnection Agreements” in Error! Reference source not found..

“InterconnectionProvider”meansMidcontinentIndependentSystemOperator,Inc.

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“Interim Funding” has the meaning set forth in Section 3.3(g).

“InterimFundingDate”hasthemeaningsetforthinSection3.3(g).

“InverterBlock”meanseachinverterblockincludedintheProject.

“Investment Criteria” means, the achievement of the Class A Member Base Return by no later than the Target Flip Date as reflected in, or calculated in accordance with the methodology set forth in, the Base Case Model.

“Investor”hasthemeaningsetforthinthepreamblehereto.

“Investor’s Engineer” means DNV Energy USA Inc.

“InvestorIndemnifiedParty”hasthemeaningsetforthinSection11.1(a).

“IRS” means the Internal Revenue Service or any successor agency.

“IRSNotices”meansIRSNotice2018-59,2018-28I.R.B.196,IRSNotice2019-43,2019-31I.R.B.487,IRSNotice2020-412020-25I.R.B.954,IRSNotice2021-41,2021-29I.R.B.17, IRSNotice2022-61,2022-52I.R.B.560,IRS Notice2023-29,2023-20I.R.B.1(April10,2023) and any subsequent IRS notice or published guidance or interpretation for the amendment to Section48(a)(2)(A)(i)(II) oftheCodebyConsolidatedAppropriationsAct(Pub.L.No.114-113, 129 Stat. 2242 (2015)).

“ITC”meanstheenergy tax creditprovided forunder Section48ofthe Code.

“ITC Eligible Basis” means the ITC eligible basis amount set forth in the applicable Cost Seg/Appraisal Report.

“ITC Eligible Property” means any assets or property (a) that is not property described in CodeSection50(b)asineligibleforITCs, (b)withrespecttowhich depreciation(oramortization in lieu of depreciation) is allowable under Section 168 of the Code, and (c) that is described in Code Sections 48(a)(3)(A)(i) or 48(a)(8) of the Code.

“ITC Insurance Policy” has the meaning set forth in the Purchase Agreement.

“Knowledge”means,withrespecttotheClassBMemberandSponsorMember,theactual knowledge,afterdueinquiry,oftheindividualslistedonScheduleAandanyreplacementforany such individual with substantially similar responsibilities.

“LiquidatingEvents”hasthemeaningsetforthinSection12.1.

“Losses” has the meaning set forth in Section 11.1(a).

“Made Available” means posting to the Data Room the documents, electronic files, and materials for the Class A Members by the Managing Member or its Affiliates or any of their

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respectiveRepresentativesorAdvisorsorotherwisedeliveringsuchitems(includingbyelectronic transmission) to the Class A Members in accordance with the notice requirements set forth in Section 13.2; provided, however,after the Execution Date, a document, electronic file, and any other material posted to the Data Room shall be “Made Available” to the Class A Members only afterthedateonwhichtheManagingMemberhasdirectlynotified(includingbyelectronicmail) the Class A Members in accordance with Section 13.2(which notice shall be in addition to any notificationprovidedautomaticallybytheDataRoom)thatsuchdocument,electronicfile,orother material is posted to the Data Room.

“MajorDecision”hasthe meaningsetforthin Section 6.2(d).

“Major Equipment” means any PV solar, modules, inverters, step-up transformers and medium voltage transformers that are incorporated into or is a part of the Project.

“MajorProjectContract”means(a)eachofthoseContractssetforthonError!Referencesource not found., (b) each other Contract entered into in substitution or replacement of any of the foregoing, (c) any other Contract (or series of related Contracts) entered into by the Project CompanyorinrelationtotheProjectwithexpenditures,liabilitiesorrevenuesreasonablyexpected toexceed$500,000inanycalendaryearor$2,000,000intheaggregateand(d)anycreditsupport instrumentsprovidedinconnectionwithanyoftheforegoing;provided,however,thatanyMajor ProjectContractshallceasetobeaMajorProjectContractoncethepartiestheretohaveperformed all material non-contingent obligations thereunder (other than surviving indemnification and reimbursement obligations).

“Major Project Counterparties” means each party to a Major Project Contract (other than the Company and the Project Company).

“MajorityConsentoftheMembers”means(a)theconsentorapprovalofClassAMembers holdingmorethanfiftypercent(50%)oftheClassAUnitsand(b)theconsentorapprovalofClass B Members holding more than fifty percent (50%) of the Class B Units.

“Management Services Agreement” means that certain Management ServicesAgreement dated as of November 3, 2025 by and between Project Company and GSRP Services LLC.

“ManagementServicesProvider”meansGSRPServicesLLC.

“Managing Member” means the Member appointed by the Members pursuant to ArticleVItomanagetheaffairsoftheCompanyandanyotherMemberhereafterappointedasasuccessor Managing Member oftheCompanyas provided in ArticleVI. Pursuant to its appointment by the Members in Section 6.1(a), the Sponsor Member shall be the initial Managing Member of the Company.

“MarketConsultant”meansWoodMacKenzie.

“Market Report” means the final merchant curves provided by the Market Consultant, as such materials may be updated as contemplated herein.

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“MaterialAdverseEffect”means,withrespecttoanyPerson,afact,eventorcircumstance that, alone or when taken with other facts, events or circumstances occurring or existing concurrentlywithsuchfact,eventorcircumstance,(a)hasorcouldbereasonablyexpectedtohave a material adverse effect on the business, operations, condition (financial or otherwise), assets, liabilities,orpropertiesofsuchPerson,(b)hasorcouldbereasonablyexpectedtohaveamaterial adverse effect on the validity or enforceability of any Transaction Document, (c) materially impairs or could be reasonably expected to materially impair the ability of a Person to meet or perform its obligations under any Transaction Document or (d) has or could be reasonably expectedtohaveanymaterialadverseeffectonaPerson’srightsunderanyTransactionDocument.

“MBRAuthority”meansanorderfromFERCissuedpursuanttoSection205oftheFPA (a) authorizing the Project Company to sell wholesale electric energy, capacity, and/or certain ancillary services at negotiated rates pursuant to a tariff providing for such sales (the “MBRTariff”), (b) accepting such MBR Tariff for filing, and (c) granting the Project Company such regulatory waivers and blanket authorizations as are customarily granted by FERC to companies authorizedtosellelectricenergy,capacity,andancillaryservicesatmarket-basedrates,including blanketauthorizationtoissuesecuritiesandassumeliabilitiespursuanttoSection204oftheFPA.

“MBRTariff”hasthe meaningsetforthin thedefinitionof“MBR Authority”.

“MC Estoppel Certificates” means those estoppel certificates provided by the Offtaker, EPC Contractor, suppliers of all Major Equipment, Real Property Documents counterparties (which shall be dated within sixty (60) days of the Purchase Date) (provided that procuring the Nussmeyer Estoppel is subject to a commercially reasonable efforts standard), and the Interconnection Provider (such estoppel from the Interconnection Provider to be subject to a commercially reasonable efforts standard).

“MCFundingDate”meansthefirstBusinessDayonwhicheachoftheconditionssetforth in Section 3.7have been satisfied or waived by the Class A Member in its sole discretion.

“MCFundingDate Notice”hasthe meaningsetforth in Section 3.7(a).

“MechanicalCompletion”meanstheoccurrenceof“MechanicalCompletion”assuchterm is defined in the EPC Contract and delivery of the fully executed Mechanical Completion Certificate under and as defined in such EPC Contract; provided, that in any event that (i) the Project has not supplied any electricity to test performance or for the customer’s use, (ii) none of clauses(b),(d)or(e)ofthedefinitionofPlaced-in-Serviceshallhaveoccurredwithrespecttoany InverterBlockthatcomposesanypartoftheProjectand(iii)(A)neither“CommercialOperation” (as defined in each Offtake Agreement) nor “Commercial Operation” (as defined in the Interconnection Agreement) has occurred.

“Member” means any Person who executes the signature page of this Agreement or thereafteragreestobeboundherebyandisadmittedtotheCompanyasaMemberpursuanttothis Agreement,excludinganyPerson(a)havingsolelythestatusofanassignee,or(b)thathasceased to be a Member. Each Member shall be a “member” of the Company within the meaning of the

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Act and any referenceto aMember in this Agreement shall mean such Personin its capacity as a member of the Company.

“MemberLoan”shallmeanaloanprovidedforinSection3.5(b),Section3.5(c)orSection 3.5(d).

“MemberLoan Notice” hasthemeaning setforth in Section 3.5(a).

“MemberNonrecourseDebt”hasthesamemeaningastheterm“partnernonrecoursedebt” inRegulationsSection1.704-2(b)(4).

“Member Nonrecourse Debt Minimum Gain” means an amount, with respect to each Member Nonrecourse Debt, equal to the Company Minimum Gain that would result if such Member Nonrecourse Debt were treated as a Nonrecourse Liability, determined in accordance with Regulations Section 1.074-2(i)(3).

“Member Nonrecourse Deductions” has the same meaning as the term “partner nonrecourse deductions” in Regulations Sections 1.704-2(i)(1) and 1.704-2(i)(2).

“Member Party” means each Member and its officers, directors, shareholders, Affiliates, employees and agents.

“MembershipInterest”meanseithertheClassAInterestortheClassBInterestorboth,as the context requires.

“MISO” means the Midcontinent Independent System Operator, Inc. and its successors.

“Module SupplyAgreement” meansthe Contract(s) under the heading“Module Supply Agreements”inError!Referencesourcenotfound..

“Moody’s” means Moody’s Investor Service, or any successor entity.

“MRO”meanstheMidwestReliabilityOrganizationanditssuccessors.

“MW”meansmegawattsdirectcurrent,andunlessotherwisespecified,suchamountshall be as calculated under standard test condition.

“MW(ac)”meansmegawattsalternatingcurrent.

“NERC” means the North American Electric Reliability Corporation and each applicable regional reliability entity designated by, and exercising delegated authority from, NERC and its successors.

“NetIncome”and“NetLoss”,respectively,foranyperiodmeanstheincomeorlossofthe Companyforsuchperiodasdeterminedinaccordancewiththemethodofaccountingfollowedby theCompanyforU.S.federalincometaxpurposes,including,forallpurposes,anyincomeexempt fromtaxandanyexpendituresoftheCompanythataredescribedinCodeSection705(a)(2)(B)or

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treated as Code Section 705(a)(2)(B) expenditures pursuant to Regulation § 1.704-1(b)(2)(iv)(i); provided,however,thatindeterminingNetIncomeandNetLossandeveryitementeringintothe computationthereof,solelyforthepurposeofadjustingtheCapitalAccountsoftheMembers(and notfortaxpurposes),(i)anyincome,gain,lossordeductionattributabletothedispositionofany Company asset shall be computed as if the adjusted basis of such Company asset on the date of suchdispositionequaleditsGrossAssetValueasofsuchdate,(ii)iftheGrossAssetValueofany Company asset is adjusted pursuant to clause (b), (c)or (d)of the definition of “Gross Asset Value”, the amount of such adjustment shall be treated as gain or loss, and (iii) in lieu of any depreciation, cost recovery and amortization deductions as to any Company asset, there shall be taken into account Depreciation as to such Company asset for such period; providedfurther, however,that anyitem(computedwiththeadjustmentsintheprecedingproviso)allocatedunder Section 4.3shall be excluded from the computation of Net Income and Net Loss.

“NonrecourseDeductions”hasthemeaningsetforthinRegulationsSections1.704-2(b)(1) and 1.704-2(c).

“Nonrecourse Liability” has the meaning set forth in Regulations Section 1.704-2(b)(3) and 1.752-1(a)(2).

“Nussmeyer Estoppel” means that certain Real Property Document counterparty estoppel certificateto bedelivered by the estate of Carole Nussmeyer as Lessor with regardto that certain Lease Agreement dated July 5, 2024, as evidenced by that certain Memorandum of Lease dated July5,2024,asamendedbythatcertainFirstAmendmenttoLeaseAgreementdatedOctober21, 2024, as evidenced by that certain Memorandum of First Amendment to Lease Agreement dated October 21, 2024, with the Project Company.

“O&MAgreement”meanstheContract(s)undertheheading“O&MAgreement”in Error!Referencesourcenotfound..

“O&MContractor”meansthecounterparty(ies)totheO&MAgreement(s).

“OFAC”meanstheOfficeofForeignAssetsControloftheU.S.Departmentofthe Treasury.

“Officer”and“Officers” havethemeaningssetforthinSection6.6(a).

“OfftakeAgreement”meanstheContract(s)undertheheading“OfftakeAgreement”in Error!Referencesourcenotfound..

“Offtaker”meansthecounterparty(ies)totheOfftakeAgreement(s)initscapacityas “Buyer” thereunder.

“OperatorIndemnificationClaims”hasthemeaningsetforthinSection11.1(b).

“Operator Indemnified Parties” has the meaning set forth in Section 11.1(b).

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“Ordinary Course of Business” means the ordinary conduct of business consistent withcustom and practice for comparable businesses in the PV solar energy generation industry.

“OutsideActivities”hasthemeaningsetforthinSection7.6.

“Parent” means, with respect to a Member, the Person or Persons that Controls such Member; providedthat forso long as morethan 50%of the equity interests (including thevoting interests)ofSponsorMembercontinuetobeownedbyGuarantor,theParentofSponsorMember shall be Guarantor. The Investor shall be deemed to not have a “Parent” for purposes of this Agreement.

“PartnershipAdjustment”meansa“partnershipadjustment”withinthemeaningofSection 6241(2) of the Code to the federal income tax returns of the Company.

“PartnershipRepresentative”hasthemeaningsetforthin Section8.7(a).

“Party” or “Parties” means the Class B Members or the Class A Members, as the context requires.

“PerformanceTest”meanstestsrequiredtobeperformedpursuanttotheEPCContractto demonstrate that the Project is capable of operation for its intended purpose.

“Permit” means any permit, franchise, order, license, determination, notice, certification, approval, exemption, qualification, right or authorization from, or registration or filing with, any Governmental Authority; provided, that, for purposes of this Agreement, any agreement for the Project entered into by a Governmental Authority in its capacity as the local distribution utility including any Interconnection Agreement shall be considered a Contract and not a Permit.

“Permitted Investments” hasthemeaningsetforthin Section8.5.

“Permitted Liens” means (a) Encumbrances imposed by any Governmental Authority for Taxesthatarenotyetdueorthatarebeingcontestedingoodfaithbyappropriateproceedingsand forwhichadequatereserveshavebeenmaintainedinaccordancewithGAAP,(b)mechanics’, materialmen’s, repairmen’s and other similar liens arising in the Ordinary Course of Business or incident to the construction, improvement or restoration of the Project in respect of obligations that are not yet due or that are being contested in good faith by appropriate proceedings, so long as(i)suchproceedingsshallnotinvolveanymaterialriskofthesale,forfeitureorlossofanypart of the Project, title thereto or any interest therein and shall not interfere in any material respect withtheuseordispositionoftheProjector(ii)thepaymentofsuchEncumbranceshallbesecured by bonds or other security reasonably satisfactory to the Company; (c) minor defects, easements, rights-of-way, restrictions and other similar Encumbrances incurred in the Ordinary Course of Business and Encumbrances, licenses, restrictions on the use of property or minor imperfections in title that, in each case, do not materially interfere with the operation and maintenance of the Project and that individually or in the aggregate do not and could not reasonably be expected to result in a Material Adverse Effect with respect to the Project, (d) Encumbrances created by or pursuant to the Major Project Contracts, (e) any Encumbrances or exceptions listed on Schedule

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BtotheapplicabletitlecommitmentorproformaasoftheExecutionDateandtotheTitlePolicy,(f)judgmentEncumbrancesthatdonotinvolveanyriskofforfeitureoftheProjectthat,withinten (10) Business Days of their existence or after the entry thereof, are being contested in good faith and by appropriate proceedings and for the payment of which adequate reserves in accordance with GAAP, bonds or other security have been provided or are fully covered by insurance, (g) depositsorpledgesrequiredtosecuretheperformanceofstatutoryobligations,appeals,supersedes bonds and other bonds in connection with judicial or administrative proceedings and other obligations of a like nature and (h) zoning, entitlement, and other land use and environmental regulations by Governmental Authorities, provided that the Project Company is not in violation thereof, (i) prior to the SC Funding Date, Encumbrances created pursuant to and securing Construction Indebtedness (subject to the applicable Forbearance Agreement), (j) pledges or deposits to secure the performance of bids, tenders, trade contracts and leases (other than for the repayment of borrowed money) incurred in the Ordinary Course of Business, and (k) statutory liens or contractual rights of set-off in favor of banks or other depositary institutions.

“Permitted Reserves” means (i) reserves included in the Approved Budget, (ii) reserves necessary to prevent or mitigate an emergency situation with respect to the Project, the Project CompanyortheCompany,asreasonablydeterminedfromtimetotimebytheManagingMember, (iii) reserves for expenses that are clearly identified and expected with reasonable certainty to become due and payable that arenot included in the Approved Budget; providedthat the amount of reserves permitted by the preceding clauses (ii) and (iii) shall not exceed the permitted expenditures set forth in Section 6.2(c)(ii), (iv) reserves constituting any funds contributed to the CompanybytheClassBMembersinaccordancewithSection3.4inrespectofdisputedpayments under any Major Project Contract, and (v) such other reserves as established with the Majority Consent of the Members.

“Person” means any individual, partnership, limited liability company, joint venture, corporation, trust, unincorporated organization, or Governmental Authority or any department or agency thereof.

“Placed-in-Service” means the achievement of all of the following with respect to each Inverter Block that composes any part of the Project: (a) all necessary final Permits and licenses (including permission to interconnect) for operating such Inverter Block have been obtained, (b) initialsynchronizationofsuchInverterBlocktothegridhasoccurred,(c)allpreoperationaltesting (including commissioning but excluding performance-related testing) necessary for proper operation of such Inverter Block have been performed, (d) title and care, custody and control to such Inverter Block has been transferred from the EPC Contractor to the Project Company under the EPC Contract and (e) such Inverter Block is capable of producing and delivering to the grid regular delivery of output.

“Placed-in-Service Date” means, with respect to each Inverter Block that composes any partoftheProject,thedatethatsuchInverterBlockhassatisfiedatleastfourofclauses(a)through (e)setforthinthedefinitionof“Placed-in-Service”.

“Preferred Distribution”means,withrespecttotheClassAMembers,for each applicable quarter (beginning with the quarter in which both “Commercial Operation” (as defined in the

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OfftakeAgreement)and “Commercial Operation” (as defined in the Interconnection Agreement) have occurred), an amount of Available Cash Flow as set forth for such quarter on Schedule5.1(a)(i)(A)(as updated in accordance with this Agreement).

“Pre-Tax IRR”means, with respect to theHolder ofaClass AUnit and at thetimeofany determination,theannualeffectivediscountrate(calculatedandcompoundedusingtheMicrosoft Excel XIRR function on all pre-tax cash flows and otherwise calculated in accordance with the rulesandconventionssetforthinSections10.2(a)through(d))which causesAequaltoB, where (i) A is the sum of (a) the present value of all Cash Distributions in respect of such Class AUnit, and (b) the present value of all indemnity payments (net of any tax gross-up) received in respect of such Class A Unit, that compensate for loss of any item listed in the foregoingclause (a); and (ii) B is the present value of the aggregate amount of the Class A Member Capital Contributions (taking into account thetiming ofsuch Class AMemberCapital Contributions and including any Capital Contribution by the Class A Members in respect of Flip Imputed Underpayments (but excludinganyCapitalContributioninrespectoftheClassAImputedUnderpayment)); provided, fortheavoidanceofdoubt,thatthedeterminationofsuchdiscountrateshallnottakeintoaccount the commitment fee described in Section 3.6(a)(i).

“Prior LLC Agreement” has the meaning given to that term in the recitals hereto.

“ProhibitedTransferee”meansanyPerson:(a)whichis,orwhoseAffiliateis,thenaparty adverse in any pending or threatened (in writing) material action, suit or proceeding to the Company, the Project Company or any Member or an Affiliate thereof, if the Members (with the Consent of All Members) or such Member (in its sole and absolute discretion in the event of a proceeding against such Member), asapplicable, shallnothave consented totheTransfer tosuch Person; provided, however,that a Transfer upon foreclosure (or a Transfer in lieu of such foreclosure) in relation to any Membership Interests (or Indirect Membership Interests) pursuant to an Encumbrance permitted hereunder (including, without limitation, pursuant to Section9.2(b)(iii)) shall be deemed not to be an action, suit or proceeding for the purposes of this clause(a);(b)thatis, orwhoseAffiliateis, aDisqualifiedPerson;(c)thatis aDisqualifiedEntity;or(d) that is Bankrupt.

“Project”hasthemeaningsetforthintherecitalshereto.

“ProjectCompany”hasthemeaningsetforthintherecitalshereto.

“ProjectCosts”meanswithoutduplication,allcostsincurredbyCompanyandtheProject Company in connection with the acquisition, ownership, financing, construction, design, equipping, installation, testing, start-up, initial operation, and commissioning of the Project.

“Project Site” means the real property on which the Project is located and the rights and interests of or benefitting the Project Company in, to and under the Real Property Documents related thereto.

“ProposedChangeinTaxLaw”means(a)anyproposedRegulation and (b)anyproposed changeinoramendmenttotheCodeoranotherfederalincometaxstatuteunderlegislationthatis

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(i)enactedor passed by eitherhousein Congress, (ii)included in a bill reported out ofthe House Ways and Means Committee or Senate Finance Committee, or (iii) has been included in any proposal by the executive branch of the United States government or any authorized member thereof that is included in an official document relating to United States federal income tax legislation released by the administration, such as the “General Explanations of the Administration’s Fiscal Year Revenue Proposals” or an executive order that without issuance of furtherguidancecouldbemodelledwithspecificity,that,ifitbecamelaworwasissuedasafinal or temporary Regulation would, in each case, materially affect the tax treatment or tax consequences to the Company, the Project Company, the Project or the Class A Member or the purchaser under the Tax Credit Transfer Agreement in connection with the (X) acquisition or ownershipoftheClassAInterests,(Y)theallocationswithrespecttheretoor(Z)theabilityofthe Company to transfer the ITC in the manner and for the economic value as contemplated in the Base Case Model and, in each case, such legislation proposed Regulation has a reasonable likelihood of becoming law or being issued as a final or temporary Regulation, as applicable (taking into account for this purpose any direct, written opposition or support issued, published, announced or otherwise publicly disseminated by the other house of Congress).

“PrudentIndustryPractices”meansthosepractices,methodsandacts,ofwhichtheremay be more than one and as the same may change from time to time, engaged in or approved by a significant portion of thePV solar energy generation industry operating in the United States with respect to PV solar energy generation assets of the same approximate size and in the same approximategeographiclocationastheProjectthat,intheexerciseofreasonablejudgmentinlight of the facts known or that reasonably should have been known at the time a decision was made, wouldhavebeenexpectedtoaccomplishthedesiredresultinamannerconsistentwithApplicable Law, Permits, the Major Project Contracts, during the recapture period the requirements to avoid a recapture of the ITCs, rules and regulations of applicable regulatory agencies and independent system operators, codes, professional standards, equipment manufacturer’s warranties and recommendations, reliability, safety, environmental protection, efficiency, economy, and expedition. With respect to the Project, “Prudent Industry Practices” includes, but is not limited to, taking commercially reasonable steps to ensure that: (a) equipment, materials, and supplies, includingsparepartsinventories,areavailabletomeettheProject’sneeds;(b)sufficientpersonnel areavailableduringbusinesshoursandareadequatelyexperiencedandtrained,and,ifnecessary, licensed, to design, construct and install the Project properly and efficiently, and are capable of responding to reasonably foreseeable emergency conditions, whether caused by events at the Project location, or elsewhere; (c) construction and installation is to be conducted by knowledgeable, trained, and experienced personnel utilizing proper equipment at the Project location,orelsewhere;(d)appropriatetestingisperformedtoensureequipmentisfunctioningas designed per manufacturer recommendations and frequency of testing; (e) equipment is not constructed or installed in a reckless manner, in violation of manufacturer’s guidelines or warranties or in a manner unsafe to workers, the general public, or the interconnected system, or contrary to Environmental Laws or Environmental Permits. “Prudent Industry Practices” are not intendedtobelimitedtotheoptimumorminimumpracticeormethodtotheexclusionofallothers, but rather to be a spectrum of reasonable and prudent practices and methods as commonly practicedinthePVsolarenergygeneratingindustriesinthesameapproximategeographicregion of the Project during the relevant time period.

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“Prudent Operator Standard” means at a particular time, in the exercise of reasonable judgment in light of the facts known or that reasonably should have been known at the time a decisionwas made, those practices,professional standards, designs,methods,means,techniques, equipment, acts, specifications and standards of safety and performance that would require a Person to:

(a)    performitsdutiesincompliancewiththerequirementsoftheMajorProject Contracts,

(b)    performitsdutiesinacommerciallyreasonablemannerconsistentwith applicablePVsolarenergygenerationindustrystandards,takingintoaccount,duringtherecapture period,therequirementstoavoidarecaptureoftheITCs,(c)performitsdutiesincompliancewith PrudentIndustryPractices,(d)performthedutiesinaccordancewithindustrystandardsconsistent withcustomandpracticeforcomparablebusinessesinthePVsolarenergygenerationindustry, (e) use sufficient and properly trained and skilled personnel, (f) use parts and supplies that meet the specifications, if any, set forth in the Major Project Contracts and (g) perform plant maintenance and replacement of parts in the normal course of operation considering warranty requirements and manufacturers recommendations, in all cases with respect to (a) through (f) herein, taking into account all of the costs, expenses and benefits of operation of the Project and the Approved Budget.

“PUHCA”meansthePublicUtilityHoldingCompanyActof2005,42U.S.C.§§16451et seq. and the regulations of FERC thereunder at 18 C.F.R. §§ 366.1, et seq.

“Purchase Agreement” means the Purchase Agreement, dated as of the Execution Date, between the Company and the Seller.

“PurchaseDate”hasthemeaningascribedtosuchterminthePurchaseAgreement.

“Purchase Option” has the meaning set forth in Section 9.7(a).

“PurchaseOptionDate”meansthedateoftheclosingofthepurchaseandsaleoftheClass A Units contemplated by Section 9.7(c).

“PurchaseOptionPeriod”hasthemeaningsetforthinSection9.7(a).

“Purchase Option Price” has the meaning set forth in Section 9.7(a).

“Purchase Price” has the meaning set forth in Section 9.6(e).

“QualifiedAppraiser”meansathird-partyappraiserwhichshallbe jointlyselectedbythe Class B Members and the Class A Members.

“Qualified Transferee” means a Person that: (a) owns and manages or operates (before giving effect to any transfer hereunder) not less than 750 MW of PV solar energy generation facilitiesintheUnitedStatesandsimilartotheProject,ineachcasedeterminedonanetownership basis taking into account such Person’s percentage ownership in such assets (without accounting

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foranypercentageinterestheldinapassivecapacity,includingbypassivetaxequityinvestors,or anypercentageinteresttobeheldintheCompany)andsuchPersonmusthavedonesoforaperiod of at least three (3) years prior to the Transfer; and (b) (i) has a credit rating of “BBB” or higher by S&P and “Baa2” or higher by Moody’s (provided, if such Person’s credit rating is not higher thanBBBbyS&PorBaa2byMoody’s,suchPerson’screditratingshallnotbeonnegativewatch by S&P or Moody’s, as applicable) or (ii) has a direct or indirect Parent with a credit rating of “BBB”orhigherby S&P and “Baa2”or higher by Moody’sand such Parent provides a guaranty in favor of the Class A Members in substantially the same form and containing substantially the same terms as the Guaranty guaranteeing the performance of the transferee’s obligations under this Agreement and the other applicable Transaction Documents or otherwise in form and substance reasonably satisfactory to the Class A Members.

“Real Property Documents” means the Contract(s) under the heading “Real Property Documents” in Error! Reference source not found..

“RecapturePeriod”meanstheperiodfromtheExecutionDatethroughthedatethatisfive (5)yearsfromthedatethatthelastInverterBlockisPlaced-in-Service.

“Regulations” means the regulations promulgated under the Code by the United States Department of Treasury, as such regulations may be amended from time to time. All references herein to specific sections of the regulations shall be deemed also to refer to any corresponding provisionsofsucceedingregulations,andanyreferencetotemporaryregulationsshallbedeemed also to refer to any corresponding provisions of final regulations.

“RegulatoryAllocations”hasthemeaningsetforthin Section4.3(i).

“Release” means any release, spill, leak, emission, deposit, pumping, pouring, emptying, discharging, injecting, escaping, leaching, disposing, dumping, dispersion or migration into the environment.

“Representatives”hasthemeaningsetforthin Section 7.7(a).

“S&P” means Standard & Poor’s Ratings Group, a division of McGraw Hill, Inc., or any successor entity.

“Sanctioned Person” means any Person (a) identified on any list of designated Persons maintained pursuant to Economic Sanctions Laws and Regulations, including the Specially DesignatedNationalsandBlockedPersonsListmaintainedbyOFAC,(b)domiciled,organizedor resident in, or any Governmental Authority of, a country or territory that is the subject of comprehensiveEconomicSanctionsLawsandRegulations(c)ownedorcontrolledby,oracting for or on behalf of, directly or indirectly, any Person described in the foregoing clause (a)or (b); or (d) otherwise the subject or target of Economic Sanctions Laws and Regulations.

“SC Estoppel Certificates” means those estoppel certificates provided by the Offtaker (unlesstheOfftakerestoppeldeliveredwiththeMCEstoppelCertificatesisdatedlessthanninety (90)dayspriortotheSCFundingDate,inwhichcasetheOfftakerneednotdeliveranyadditional

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estoppelcertificate),EPCContractor,suppliersofallMajorEquipment(unlesstherelevantMajor Equipment has been delivered and paid for, in which case such supplier(s) need not deliver such an estoppel certificate), Real Property Documents counterparties (unless the relevant real party contract counterparty delivered an estoppel with the MC Estoppel Certificates that is dated less than (90) days prior to the SC Funding Date, in which case the relevant real estate contract counterparty need not deliver any additional estoppel certificate) (provided that procuring the Nussmeyer Estoppel is subject to a commercially reasonable efforts standard), Energy Manager, O&M Contractor, Management Services Provider, each Tax Credit Transfer Agreement counterpartyandtheInterconnectionProvider(suchestoppelfromtheInterconnectionProviderto be subject to a commercially reasonable efforts standard).

“SCFundingDate”meansthefirstBusinessDayonwhicheachoftheconditionssetforth in Section 3.8have been satisfied or waived by the Class A Member in its sole discretion.

“SCFundingDateNotice”hasthemeaningsetforthinSection3.8(a).

“Section6226Election” hasthemeaningsetforthin Section 8.7(d)(i).

“Securities” means, with respect to any Person, such Person’s capital stock or limited liability company interests or any options, warrants or other securities which are directly or indirectly convertible into, or exercisable or exchangeable for, such Person’s capital stock or limited liability company interests, whether or not such derivative securities are issued by such Person, and any reference herein to “Securities” refers also to any such derivative securities and all underlying securities directly or indirectly issuable upon conversion, exchange or exercise of such derivative securities.

“Securities Act” means the Securities Act of 1933 or any successor statute, as amended from time to time.

“Seller”meansMN8 DevCo3 LLC,aDelawarelimitedliability company.

“Semi-Annual Period”means the semi-annual periods each ended June30 and December 31 during each Fiscal Year.

“SharedFacilitiesAgreement”meanstheContract(s)undertheheading“SharedFacilities Agreements” in Error! Reference source not found..

“SOFR” mean a rate equal to the secured overnight financing rate as administered by the Federal Reserve Bank of New York (or a successor administrator of the secured overnight financing rate).

“Sponsor”meansMN8EnergyLLC,aDelawarelimitedliabilitycompany(oritssuccessor in interest following any merger, division, recapitalization, or other capital event).

“SponsorMember”hasthemeaning setforthin thepreamblehereto.

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“Sponsor Parties” means the Guarantor, the Class B Members, the Seller and the Project Company.

“StateRegulatoryAgency”meansthestateregulatorybodyhavingjurisdictionoverretail electricity sales, including ICC under applicable Illinois law.

“Subsidiary” of any Person means any corporation, partnership, joint venture, limited liability company, trust or estate of which (or in which) more than 50% of (a) the issued and outstandingcapitalstockhavingordinaryvotingpowertoelectamajorityoftheboardofdirectors of such corporation (irrespective of whether at the time capital stock of any other class or classes ofsuchcorporationshallormighthavevotingpowerupontheoccurrenceofanycontingency), (b) the interest in the capital or profits of such partnership, joint venture or limited liability company or (c) the beneficial interest in such trust or estate is at the time directly or indirectly owned or controlled by such Person, by such Person and one or more of its other Subsidiaries or by one or more of such Person’s other Subsidiaries.

“SubstantialCompletion”meanstheoccurrenceof“SubstantialCompletion”assuchterm (or equivalent term) is defined in the EPC Contract and delivery and acceptance of the fully executed “Substantial Completion Certificate” as such term (or equivalent term) is defined in the EPCContract,indicatingthatallactivitiesrelatedtotheconstruction,commissioning,start-upand testing (including the Performance Tests) of the Project have been successfully completed in accordancewiththeapplicablerequirementsinsuchEPCContract,exceptfor“PunchList”items which the failure to complete would not prevent the Project from being operated safely and continuously at its full nameplate capacity in accordance with Applicable Law and Prudent Industry Practices.

“Target Flip Date” means the date that is seven years following the SC Funding Date.

“TargetSCFundingDate”meansthedatesetforthundertheheading“TargetSCFunding Date”in Schedule3.

“Tax” or “Taxes” means any United States federal, state or local, or non-United States, income, gross receipts, franchise, estimated, alternative minimum, add-on minimum, sales, use, transfer, registration, value added, excise, natural resources, severance, stamp, withholding, occupation, premium, windfall profit, environmental, customs, duties, real property, personal property, capital stock, net worth, intangibles, social security, unemployment, disability, payroll, license, employee or other tax or similar levy, of any kind whatsoever, including any interest, penalties or additions to tax in respect of the foregoing.

“Tax Benefits” means, with respect to a Class A Unit, the periodic federal income tax savingsresultingfrom(i)thedistributiveshareoftheITCreportedbytheCompanytotheHolder of such Class A Unit on the Schedules K and K-1 of the Tax Return filed by the Company (or equivalent reporting under successor forms and procedures), and (ii) the distributive share of tax losses and deductions reported by the Company to the Holder of such Class A Unit on the Schedules K and K-1 of the Tax Return filed by the Company (or equivalent reporting under

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successor forms and procedures), in each case, in accordance with the provisions of this Agreement.

“Tax Credit Transfer Agreement” means any agreement pursuant to which the Company agrees to transfer ITCs to an unrelated person pursuant to Section 6418 of the Code in exchange for payment or payments of cash as the purchase price thereunder.

“TaxDistribution”hasthemeaningsetforthinSection5.1(g)(i).

“Tax Information” has the meaning set forth in Section 7.7(b).

“TaxReturn”meansanyreturn,reportorsimilarstatementrequiredtobefiledwithrespect to any Taxes (including any attached schedules), including any IRS Schedule K-1, information return,claimforrefund,amendedreturnordeclarationofestimatedTaxineachcaseissuedtothe Members by the Company.

“Taxable Year” means the taxable year of the Company for federal income tax purposes, which shall be (a) the period commencing on the Execution Date and ending on the immediately succeeding December 31, (b) any subsequent calendar year, or (c) any portion of the period described in clause (a)or (b)for which the Company is required to allocate Company Items pursuant to Article IV, Section 12.2(a)(iv)or Section 12.2(a)(v).

“Taxing Authority” means, with respect to a particular Tax, the agency or department of any Governmental Authority responsible for the administration and collection of such Tax.

“TCTAProceeds”meanstheproceedsofanypaymentsbyoronbehalfofthepurchaser(s) under or in respect of each Tax Credit Transfer Agreement.

“TerminatedMember” hasthemeaningsetforthin Section 9.8.

“Third Party” means a Person other than a Member or a Representative of a Member.

“Third-PartyClaim”meansanyclaim,action,orproceedingmadeorbroughtbyany Person other than a Class A Member, any other Investor Indemnified Party, a Class B Member, the Seller, the Company or an Affiliate of the foregoing Persons.

“TitlePolicy”meansan ALTA2021formowner’stitleinsurancepolicyintheamountof the fair market value of the Project as set forth in the Cost Seg/Appraisal Report, in substantially the form delivered pursuant to Section 3.7(m), or as otherwise reasonably acceptable to the Company and the Class A Members, together with the following endorsements: Special Patent Endorsement modified for renewable energy projects; ALTA 8.2-06 Commercial Environmental ProtectionLien;ALTA17-06Access;ALTA17.2-06UtilityAccess;ALTA18.2-06MultipleTax Parcel;ALTA26Subdivision;ALTA36-06EnergyProjectLeasehold;ALTA36.4-06Covenants, Conditions,andRestrictions;ALTA36.6-06EnergyProjectEncroachments;ALTA25.1-06Same asPortionofSurvey;ALTA3.2Zoning;ALTA19-06Contiguity–MultipleParcels;ALTA35.3-06 Minerals; Deletion of Arbitration; and Loss Endorsement (Maximum Actual Loss).

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“Tracking Model” means the Base Case Model updated at least quarterly to reflect actual results of the Company in accordance with and subject to the assumptions, conventions and procedures set forth in Section 10.1.

“TradeControlsLawsandRegulations”meansanyandalllawsandregulationsconcerning or relating to the import or export of goods, technology or services imposed, administered or enforced by the U.S. government (including the U.S. Department of Commerce, the U.S. Department of State and the U.S. Department of Homeland Security).

“Transaction” means the transactions contemplated and provided for in the Transaction Documents.

“Transaction Documents” means this Agreement, the Purchase Agreement, each Tax Credit Transfer Agreement, the Guaranty, the Forbearance Agreement, the Membership Interest Assignment Agreement (as defined in the Purchase Agreement), and the Class A Commitment Guarantee.

“Transaction Expenses” means the costs and expenses incurred and documented by the Investor, the Seller, the Company and each of their Affiliates in connection with the negotiation, execution, and delivery of the Transaction Documents and the performance of the transactions contemplated hereunder and thereunder, including fees of external counsel, the Consultants and any other third-party consultants engaged by the Investor.

“Transfer” means the sale, transfer, assignment, conveyance, gift, exchange or other dispositionofClassAUnitsorClassBUnits(andtheMembershipInterestsrepresentedthereby), including any Indirect Membership Interest in such Class A Units or Class B Units (but, for the avoidance of doubt, excluding any indirect ownership interest that does not constitute an Indirect Membership Interest). For the avoidance of doubt, a “Transfer” excludes the creation of an EncumbranceonanyMembershipInterestorIndirectMembershipInterest,butincludesanysale, transfer,assignment,conveyance,gift,exchangeorotherdispositioninconnectionwith,orinlieu of, the foreclosure of an Encumbrance.

“TransferProtectionConditions”hasthemeaningsetforthinSection9.3.

“Transferee” means a Person to which a Transfer is or would be made.

“Transferring Member” means the Member effecting a Transfer.

“Transmission Consultant” means PowerGem.

“Transmission Report” means the final report prepared by the Transmission Consultantwith respect to the Project as such report may be updated as contemplated herein.

“TriggerPercentage”hasthemeaningsetforthinSection 10.2(d)(i).

“UCC”or“UniformCommercialCode”meanstheUniformCommercialCodeineffectin the State of Delaware from time to time.

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“Units”meanseithertheClassAUnitsortheClassBUnitsorboth,asthecontextrequires.

“Updated Base Case Model” means an updated Base Case Model, rerun to reflect the followingadjustmentfactors:(1)anyChangeinTaxLaw,(2)anyProposedChange inTaxLaw, (3)theactualdatethateachInverterBlockcomposingapartoftheProjectisplacedinservicefor U.S.federalincometaxpurposesandanychangestodepreciationandrecognitionofITCrelating to the timing of such dates, (4) the Funding Dates with respect to the Project, (5) any changes to thetaxbasisoractualcostsincurredorreasonablyexpectedtobeincurredtoacquire,develop,or construct the Project, (6) any changes to the Consultant Reports (7) any changes to expected insurance costs, taxes, regulatory costs, operating expenses, decommissioning expenses, or other expenses, (8) any terminations of, amendments to, replacements of, or additions to, any Major Project Contracts, (9) the composition and size of the Project as actually constructed, (10) the correctionofanymanifesterrorsandclericalinaccuracies,(11)theactual“CommercialOperation Date” under and as defined in the Offtake Agreement, (12) curtailment and/or transmission assumptions, (13) the terms and pricing under the Tax Credit Transfer Agreements, (14) the amountofTCTAProceedsactuallyreceivedorto bereceivedbytheCompanyanddistributedto the Members and (15) the failure of any Proposed Change in Tax Law to be enacted by the date that is ten (10) days (excluding Sundays) after the adjournment sine die of the second session of the 119thUnited States Congress.

“USA PATRIOT Act” means the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act (Title III of Pub. L. 107-56 (signed into law October 26, 2001)), as amended from time to time.

“Value” of any asset of the Company, as the case may be, as of any date, means the fair market value of such asset, as the case may be, as of such date, as determined by the Managing Member in good faith and on a reasonable basis.

1.2    OtherDefinitionalProvisions.

(a)    Construction. As used herein, singular shall include the plural, the masculine gender shall include the feminine and neuter and the neuter gender shall include the masculine and feminine unless the context otherwise indicates.

(b)    References. References to Articles and Sections are intended to refer to ArticlesandSectionsofthisAgreement,andallreferencestoExhibitsandSchedulesareintended torefertoExhibitsandSchedulesattachedtothisAgreement,eachofwhichismadeapartofthis Agreement for all purposes. Information contained in any Scheduleshall bedeemedcontained in each and every other schedule without requiring repetition thereof to the extent the relevance of such information is reasonably apparent from the face thereof. The terms “include,” “includes” and “including” mean “including, without limitation.” Any date specified for action that is not a BusinessDayshallmeanthefirstBusinessDayaftersuchdate.AnyreferencetoaPersonshallbe deemed to include such Person’s successors and permitted assigns. Unless otherwise stated, any referencetoanydocumentordocuments(includingtermsdefinedtherein)shallbedeemedtorefer to such document or documents as amended, modified, supplemented or replaced from time to time in accordance with (if applicable) the terms of this Agreement, without limiting any

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restrictions on such amendments, modifications, supplements or replacements contained herein. References to laws refer to such laws as they may be amended from time to time, and references to particular provisions of an Applicable Law include any corresponding provisions of any succeeding Applicable Law. The words “herein,” “hereof” and “hereunder” and words of similar import shall refer to this Agreement as a whole and not to any particular section or subsection of thisAgreement.ReferencestomoneyrefertolegalcurrencyoftheUnitedStatesofAmerica.Any term defined in this Agreement by reference to another document, instrument or agreement shall continuetohavethemeaningascribedtheretowhetherornotsuchotherdocument,instrumentor agreement remains in effect.

ARTICLE II

THECOMPANY

2.1    ContinuationofLimitedLiabilityCompany.

Investor is hereby admitted as a Class A Member of the Company, and Sponsor Member is hereby admitted as a Class B Member of the Company. The Parties hereby continue the Company,whichwasformedasaDelawarelimitedliabilitycompanybythefilingoftheDelaware Certificate by an “authorized person” of the Company within the meaning of the Act (such filing being hereby ratified and approved). The rights and obligations of the Members shall be as provided in the Act, except as otherwiseexpressly provided herein. TheManaging Membershall from time to time execute or cause to be executed all such certificates, instruments and other documents,andcausetobedoneallsuchfilingsandotheractions,astheManagingMembermay deemnecessaryorappropriatetooperate,continue,orterminatetheCompanyasalimitedliability companyunderthelawsoftheStateofDelawareandtoqualifytheCompanytodobusinessinall jurisdictions other than the State of Delaware in which the Company conducts or proposes to conduct business, and in any other jurisdiction where such qualification is necessary or appropriate.

2.2    Name.

The name of the Company is, and the business of the Company shall continue to be conducted under the name of, “Prairie BX LLC” or such other name or names as the Managing Membermaydesignatefromtimetotime,withpriorwrittennoticetotheMembers.TheManaging MembershalltakeanyactionthatitdeterminesisrequiredtocomplywiththeActorsimilarstatute in effect in each jurisdiction or political subdivision in which the Company conducts or proposes toconductbusinessandtheMembersagreetoexecuteanydocumentsreasonablyrequestedbythe Managing Member in connection with any such action.

2.3    PrincipalOffice.

The Company shall maintain a principal office which shall be located at c/o MN8 Energy LLC, 1155 Avenue of the Americas, 27thFloor, New York, New York 10036. The Managing MembermaychangetheprincipalofficeoftheCompanyfromtimetotimeuponpriorwritten notice to the Members. The Managing Member shall maintain all records of the Company at its principalofficeorsuchlocationdesignatedbytheManagingMemberinanoticetotheMembers.

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2.4    RegisteredOffice;RegisteredAgent.

The name of the registered agent of the Company in the State of Delaware shall be c/o CorporationServiceCompany,251LittleFallsDrive,Wilmington,NewCastleCounty,Delaware 19808 or such other registered agent as the Managing Member may designate from time to time in accordance with the Act upon prior written notice to the Members.

2.5    Purposes.

ThepurposeoftheCompanyistoownthelimitedliabilitycompanyinterestsintheProject Company, in order to, directly and indirectly through the Project Company, develop, construct, own,finance,operateandmaintaintheProject;andinfurtherancethereofto(andcausetheProject Company to) enter into, comply with and perform under each Transaction Document and Major Project Contract to which the Company or the Project Company, as applicable, is a party; and to (and cause the Project Company to) engage in and perform, any and all activities necessary, incidental,relatedorappropriatetoaccomplishtheforegoingthatmaybeengagedinbyalimited liability companyformed underthe Act. The Companyshall not (and shall not permit theProject Company to) engage in any activity or own any Assets that are not directly related to the Company’s purpose as set forth in the first sentence of this Section 2.5.

2.6    Term.

The term of the Company commenced on the date of filing of the Delaware Certificate, andshallbeperpetualunlesstheCompanyisearlierdissolvedandterminatedinaccordancewith the provisions of this Agreement.

2.7    Titleto Property.

Title to Company Assets, whether tangible or intangible, shall be held in the name of the Company, and no Member, individually, shall have title to or any interest in such property by reason of being a Member. Membership Interests of each Member shall be personal property for all purposes.

2.8    Units;CertificatesofMembershipInterest;ApplicabilityofArticle8ofUCC.

MembershipInterestsshallberepresentedbyUnits,dividedintoClassAUnits(inthecase of the Class A Interest) and Class B Units (in the case of the Class B Interest). The Membership Interests represented by Class A Units and ClassB Units shall have the respective rights, powers and preferences ascribed to such Units in this Agreement. The class of Membership Interest of a Membershall beas provided in Exhibit B. TheMembers hereby specify, acknowledge and agree thatallUnits(andtheMembershipInterestsrepresentedthereby)aresecuritiesgovernedbyArticle 8and allotherapplicableprovisionsoftheUniformCommercialCode, andpursuantto theterms of Section 8-103(c) of the Uniform Commercial Code, such interests shall be “securities” and (except to the extent not represented by certificates as set forth in the following sentence) “certificatedsecurities”forallpurposesundersuchArticle8andunder allotherprovisionsofthe UniformCommercialCode.AllClassBUnits(andtheMembershipInterestsrepresentedthereby)

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and,solelyuponthewrittenrequestoftheClassAMembers,ClassAUnits(andtheMembership Interests represented thereby) shall be represented solely by certificates substantially in the form attached hereto as Exhibit C, which certificates the Managing Member shall deliver to each applicable Member upon the issuance of Units to such Member, shall be recorded in a register thereof maintained by the Company, and shall be subject to such rules for the issuance thereof in compliance with this Agreement, as the Managing Member may from time to time determine. Notwithstanding any other provision of this Agreement, a direct Transfer of all or any portion of the Membership Interests shall be effected by the Company registering such Transfer upon delivery of an endorsed certificate representing the limited liability company interests being transferred.

2.9    NoStateLaw Partnership.

The Members intend that the Company not be a partnership (including a limited partnership) or joint venture, and that no Member be a partner or joint venturer of any other Member, for any purposes other than tax purposes, and this Agreement may not be construed to suggest otherwise.

2.10    Separateness.

The Managing Member shall cause the Company to maintain its existence separate and distinctfromanyotherPerson,includingtheMembers,includingcausingtheCompanytotakethe following actions:

(a)    maintaining in full effect its existence, rights and franchises as a limited liability company under the laws of the State of Delaware and obtaining and preserving its qualificationtodobusinessineachjurisdictioninwhichsuchqualificationisorshallbenecessary toprotectthevalidityandenforceabilityofthisAgreementandeachotherinstrumentoragreement necessary or appropriate to properly administer this Agreement and permit and effectuate the transactions contemplated hereby and thereby;

(b)    maintaining its own deposit accounts, separate from those of any other Person, any of its officers and their respective Affiliates;

(c)    conducting all material transactions between the Company and any of its Affiliates on an arm’s length basis and on a commercially reasonable basis;

(d)    conducting its affairs separately from those of any other Person, any of its officersoranyoftheirrespectiveAffiliatesandmaintainingaccurateandseparatebooks,records and accounts and financial statements, it being agreed that performance under the Transaction Documents shall not result in the Company’s contravening this Section 2.10(d);

(e)    acting solely inits ownlimited liability companyname and not that of any otherPerson,anyofitsofficersoranyoftheirrespectiveAffiliates,andatalltimesusingitsown invoices and checks separate from those of any other Person, any of its officers or any of their respective Affiliates;

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(f)    maintainingallofitsAssetsinitsownnameandnotcomminglingitsAssets with those of another Person;

(g)    payingitsownoperatingexpensesandotherliabilitiesoutofitsownfunds;

(h)    not holding itself out as having agreed to pay, or as being liable for, the obligations of any other Person, any of its officers or any of their respective Affiliates;

(i)    not acquiring obligations of any other Person, any of its officers or any of their respective Affiliates;

(j)    refrainingfromdirectlyenteringintoanycross-marketingactivitieswithits Members or any of their Affiliates;

(k)    observing all limited liability company formalities, including maintaining meeting minutes or records of meetings and acting on behalf of itself only pursuant to due authorization, required hereby and by the Delaware Certificate; and

(l)    otherthan for taxpurposes, holding itselfout to thepublic as a legal entity separateanddistinctfromanyotherPerson,andcorrectinganyknownmisunderstandingregarding its separate identity.

ARTICLEIII

MEMBERSHIPINTERESTS;CAPITALCONTRIBUTIONS;MEMBERLOANS

3.1    Class A Interests.

On the Execution Date, Investor will be issued a limited liability company interest in the Companyrepresentedby theClassAUnits,comprisingonehundredpercent(100%)ofthe Class AInterest,andInvestorshallbeadmittedtotheCompanyasaClassAMemberuponitsexecution of a counterpart signature page to this Agreement. The Class A Members shall be entitled to the allocations, distributions and other rights as are prescribed for the Class A Members in this Agreement.TheClassAMember’sCapitalAccountbalanceasoftheExecutionDatewithrespect toitsClassAInterestshallbeasindicatedonExhibitB.ThenumberofClassAUnitsheldbythe InvestorwithrespecttoitsClassAInterestasoftheExecutionDateshallbethenumberindicated on Exhibit B.

3.2    Class B Interests.

OntheExecutionDate,allequityinterestsoftheCompanyownedbytheSponsorMember underthePriorLLCAgreementwillbeconvertedinto,andtheSponsorMemberwillbeissued,a limited liability company interest in the Company represented by the Class B Units, comprising one hundred percent (100%) of the Class B Interest, and Sponsor Member shall continue as a memberoftheCompanyastheClassBMemberuponitsexecutionofacounterpartsignaturepage tothisAgreement.TheClassBMembersshallbeentitledtotheallocations,distributionsandother rightsasareprescribedfortheClassBMembersinthisAgreement.TheClassBMember’sCapital AccountbalanceasoftheExecutionDate withrespect toitsClassBInterestshallbeas indicated

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onExhibitB.ThenumberofClassBUnitsheldbytheSponsorMemberwithrespect toitsClass B Interest as of the Execution Date shall be the number indicated on Exhibit B.

3.3    Capital Contributions.

(a)    On the MC Funding Date: (i) subject to the satisfaction of the conditions precedentset forthin Section3.7,theClassA Membershall contributetotheCompanytheClass AMemberInvestmentAmountwithrespecttotheMCFundingDate(suchcontribution,a“ClassA Mechanical Completion Contribution”), and (ii) the Class B Members shall contribute to the Company the amount necessary (taking into account the applicable contribution by the Class A Member on the MC Funding Date) to pay the MC Payment (as defined in the Purchase Agreement),anyProjectCostsandTransactionExpenses,ineachcasethendueandpayable(such contribution, a “Class B Mechanical Completion Contribution”).

(b)    On the SC Funding Date: (i) subject to the satisfaction of the conditions precedentset forthin Section3.8,theClassA Membershall contributetotheCompanytheClass A Member Investment Amount with respect to the SC Funding Date (such contribution, a “ClassA Substantial Completion Contribution”), and (ii) the Class B Members shall contribute to the Company the amount necessary (taking into account the applicable contribution by the Class A MemberontheSCFundingDate)topaytheSCPayment(asdefinedinthePurchaseAgreement), repay in full all indebtedness under the Construction Loan Agreement (other than any such indebtedness which will convert to backleverage indebtedness of the Class B Member on the SC Funding Date), any Project Costs and Transaction Expenses, in each case then due and payable (such contribution, a “Class B Substantial Completion Contribution”).

(c)    On the MC Funding Date, subject to payment by the Class A Member of theClassAMechanicalCompletionContributionandthepaymentbytheClassBMembersofthe Class B Mechanical Completion Contribution under Section 3.3(a), the Company shall use the Class A Mechanical Completion Contribution and the Class B Mechanical Completion Contribution to pay the MC Payment (as defined in the Purchase Agreement), all Project Costs and Transaction Expenses, in each casethendueand payable,and to theextent that such Class A Mechanical Completion Contribution and Class B Mechanical Completion Contribution in the aggregate exceed the amount so due and payable, any excess shall be deposited into a reserve account,tobeestablishedbytheManagingMemberwithabank,andpursuanttodocumentation, reasonably acceptable to the Class A Member.

(d)    OntheSCFundingDate,subjecttopaymentbytheClassAMemberofthe Class A Substantial Completion Contribution and the payment by the Class B Members of the Class B Substantial Completion Contribution under Section 3.3(b), the Company shall use the Class A Substantial Completion Contribution and the Class B Substantial Completion ContributiontopaytheSCPayment(asdefinedinthePurchaseAgreement),allProjectCostsand Transaction Expenses, in each case then due and payable, and to repay outstanding Construction Indebtedness.

(e)    Notwithstanding anything to the contrary herein but subject to Section3.4(d)and Section Error! Reference source not found., the Class A Members shall have no

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obligationtomakeanycapitalcontributionstotheCompanyaftertheendoftheCommitment PeriodoratanytimewhenthesumoftheClassAMemberMechanicalCompletionContributions and Class A Member Substantial Completion Contributions exceeds the Class A Member Commitment.

(f)    The Base Case Model will be rerun at the MC Funding Date and the SC FundingDateascontemplatedinthedefinitionoftheterm“UpdatedBaseCaseModel”toreflect the Capital Contributions actually made by the Class A Member as of each actual Funding Date, asapplicable.IftheUpdatedBaseCaseModeldeliveredinconnectionwiththeMCFundingDate ortheSCFundingDatewouldnototherwisedemonstrateachievementoftheInvestmentCriteria, then(i)thepercentagesharesofAvailableCashFlowandTCTAProceedsoftheClassAMembers set forth in Section 5.1shall be increased and (ii) the Class B Members shall make a Capital ContributiontotheCompanyandonehundredpercent(100%)ofsuchCapitalContributionshall be distributed to the Class A Members, pro rata in accordance with their Class A Units, in each casetotheextentrequiredtocausetheUpdatedBaseCaseModeltodemonstratetheachievement of the Investment Criteria.

(g)    If the MC Funding Date occurs during 2025 but the SC Funding Date has not occurred on or prior to December 1, 2025, then the Class B Member shall provide either (i) evidence and a written certification that no Inverter Block with respect to the Project will be Placed-in-Service prior to December 15, 2025, or (ii) a written notice that the Placed-in-Service Datehasoccurredorisanticipatedtooccur withrespecttooneormore InverterBlocksoroneor more Inverter Blocks has or is anticipated to be placed in service for U.S. federal income tax purposes, in either case, on or prior to December 15, 2025, but that the SC Funding Date is anticipatedtooccuraftersuchdate.IftheClassA Memberreceivesthewrittennoticesetforthin clause (ii) above, the Class A Member may, at its option, by notice to the Class B Member on or before December 20, 2025 (or such later date that is acceptable to the Class B Member) elect to make a Class A Member Capital Contribution on or before December 31, 2025 up to an amount that will cause the Class A Member’s Adjusted Capital Account balance to be equal to or greater than $0 (an “Interim Funding” and such date on which an Interim Funding is made, the “InterimFunding Date”) for such Taxable Year. The Class B Member shall cooperate in good faith to execute and deliver any amendments to this Agreement as the Class A Member may reasonably request or as otherwise may be necessary or proper to carry out the purpose of the foregoing election by such Class A Member.

3.4    OtherCapital Contributions.

(a)    ExceptasprovidedinSection3.3andthisSection3.4,andwithoutlimiting the obligations of the Class B Members in respect of Member Loans under Section 3.5(c), no Member shall be obligated to make a Capital Contribution after the Execution Date.

(b)    If the Managing Member determines that additional funds are required (i) to enable the Project Company to comply with its obligations under the Construction Loan AgreementpriortotheSCFundingDate,or(ii)toenabletheCompanytocauseitsassetsorassets oftheProjectCompanytobeproperlyoperatedandmaintainedortopayorperformtheobligations anddischargetheliabilitiesoftheCompanyortheProjectCompanyundertheTaxCreditTransfer

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Agreement or any Major Project Contract or Permit (any such circumstance, a “Cash Shortfall”), theManagingMembershallnotifytheMembersofsuchneed(suchnoticea“CapitalNotice”)and thentheClass B Members shall have the right, but not theobligation, by writtennoticedelivered totheManagingMemberandtheClassAMembersnotlaterthanten(10)BusinessDaysafterthe issuance by the Managing Member of a Capital Notice, to make additional Capital Contributions to the Company in the amount specified by the Managing Member in such notice. Distributions payabletotheClassBMembersshallnotbeaffectedbyanysuchadditionalCapitalContributions made by the Class B Members.

(c)    If any Class B Members do not elect to make an additional Capital ContributionafteraCapitalNoticewithinthetimespecifiedinSection3.4(b)orfailtomakesuch CapitalContributionpromptlyuponsuchelection,theClassAMembersandtheClassBMembers shall have the right but not the obligation (other than to the extent provided in Section 3.5(c)) to make Member Loans as provided in Section 3.5.

(d)    

(i)    Upon an Imputed Underpayment Final Determination, in order to fund the Company’s payment of a Class B Imputed Underpayment that results from such Imputed Underpayment Final Determination, the Class B Members shall have the obligation to contribute to the Company an amount equal to any Class B Imputed Underpayment(andanyassociatedpenalties,interestandadditionstotaxforsuchClassB ImputedUnderpayments),butnottoexceedtheImputedUnderpayment,intheformofan additional Capital Contribution.

(ii)    Upon an Imputed Underpayment Final Determination, in order to fund the Company’s payment of a Class A Imputed Underpayment that results from such Imputed Underpayment Final Determination, the Class A Members shall have the obligation to contribute to the Company an amount equal to any Class A Imputed Underpayments (and any associated penalties, interest and additions to tax for such Class A Imputed Underpayments), but not to exceed such Imputed Underpayment, in the form of an additional Capital Contribution.

(iii)    Upon an Imputed Underpayment Final Determination, in order to fund the Company’s payment of a Flip Imputed Underpayment that results from such Imputed Underpayment Final Determination, the Class A Members shall have the obligation to contribute to the Company their pro rata share of such Flip Imputed Underpayment and the Class B Members shall have the obligation to contribute their pro ratashareofsuchFlipImputedUnderpayment(suchproratadeterminationshallbemade based upon the allocation percentage set forth in Sections 4.2(a), 4.2(b)or 4.2(c)that was applicable for the tax year during which the Imputed Underpayment arose) in the form of an additional Capital Contribution.

(iv)    In the event that a Member fails to make a Capital Contribution under Sections 3.4(d)(i)through (iii) within ten (10) Business Days from the date such Member is notified by the Managing Member to make such Capital Contribution in

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accordance with Sections 3.4(d)(i)through (iii)(for the avoidance of doubt, after an Imputed Underpayment Final Determination has been made and after resolution of any disputepursuanttoSection10.3(b))(suchamount,ifsuchnoticebytheManagingMember hasbeentimelyprovided,beingan“ImputedUnderpaymentDefaultedContribution”):(A) the Imputed Underpayment Defaulted Contribution shall accrue interest, to the extent permitted by applicable law, from the date such Imputed Underpayment Defaulted Contribution was otherwise required to be contributed pursuant to Sections 3.4(d)(i)through (iii)until the date such amount is actually contributed to, and received by, the CompanyataperannumrateofSOFRplusthreepercent(3%);and(B)thenon-defaulting Membershall havetheright to makeaclaim on thedistributions otherwisepayableto the defaultingMemberinaccordancewithSections5.1(i)(i)or(ii),asapplicable,inanamount equaltotheImputedUnderpaymentDefaultedContributionplusinterestaccruedpursuant to Section 3.4(d)(iv)(A).

(v)    AllpaymentsrequiredtobemadeunderthisSection3.4(d)shallbe bywiretransferinimmediatelyavailablefunds.Fortheavoidanceofdoubt,theobligations of each Member pursuant to this Section 3.4(d)are several and not joint.

(e)    IntheeventaProposedChangeinTaxLaw(i)wastakenintoaccountasan adjustment to the Updated Base Case Model and (ii) has not been enacted into law on or before the date that is ten (10) days (excluding Sundays) after the date that is ten (10) days (excluding Sundays)aftertheadjournmentsinedieofthesecondsessionofthe119thUnitedStatesCongress, the Members shall re-run the Updated Base Case Model, adjusting only to no longer take into account such Proposed Change in Tax Law. In connection with such Updated Base Case Model, the percentage shares of Available Cash Flow and TCTA Proceeds of the Class A Members set forth in Section 5.1shall be adjusted, in each case in a manner reasonably satisfactory to the Members, to the extent required to cause the Updated Base Case Model to demonstrate the achievement of the Investment Criteria.

3.5    MemberLoans.

(a)    The Managing Member shall give written notice to the Members if, in the event of a Cash Shortfall, the Class B Members do not elect to make an additional Capital ContributionafteraCapitalNoticewithinthetimespecifiedinSection3.4(b)orfailtomakesuch Capital Contribution promptly upon such election in the full amount specified in the applicable Capital Notice (such written notice, a “Member Loan Notice”).

(b)    Upon receipt of a Member Loan Notice, the Class A Members shall have the right (but not the obligation), by written notice delivered to the Managing Member not later than ten (10) Business Days after its receipt of the Member Loan Notice, to make a loan to the CompanyuptotheamountnecessarytocuretheCashShortfall.Suchloanshallbearinterestfrom the date funded to the date repaid in full at a rate per annum equal to the greater of (i) Class A MemberBaseReturnplus2%and(ii)SOFRplus6%(but inanyeventnotexceedingthehighest rateofinterestthatmaybechargedbytheClassAMembersinaccordancewithApplicableLaw). IfthereismorethanoneClassAMember,theneachClassAMemberwillhavetheright(butnot theobligation)toparticipateinsuchloanratablyinproportiontothenumberofClassAUnitsthat

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itholdsrelativetotheaggregatenumberofallthenoutstandingClassAUnits;provided,however,that ifany Class AMemberdoes not wish to advanceits proportionateshareofany such loan,an amount equal to such proportionate share may instead be advanced by the remaining Class A Members,witheachsuchremainingMembercontributingratably(orasotherwiseagreedamongst such remaining Class A Members) in proportion to its holding of all then outstanding Class A Units(excludinginsuchdeterminationofoutstandingClassAUnitsallthenoutstandingClassA Units of any Class A Member that does not wish to advance such proportionate share).

(c)    IftheClassAMembersdonotelecttomaketheMemberLoanasprovided in Section 3.5(b), or if additional funds arestill required per the Member Loan Notice to curethe CashShortfall,thentheClassBMembersshallbeobligatedtomakealoantotheCompanyinthe amount necessary to cure such Cash Shortfall. Such loan shall bear interest from the date funded to the date repaid in full at a rate per annum equal to SOFR plus 2.5% (but in any event not exceedingthehighestrateofinterestthatmaybechargedinaccordancewithApplicableLaw).If there is more than one Class B Member, then each Class B Member will have the right (but not theobligation)toparticipateinsuchloanratablyinproportiontothenumberofClassBUnitsthat itholdsrelativetotheaggregatenumberofallthenoutstandingClassBUnits;provided,however,that ifany Class B Memberdoes not wish to advanceits proportionateshareofany such loan,an amount equal to such proportionate share may instead be advanced by the remaining Class B Members,witheachsuchremainingClassBMembercontributingratably(orasotherwiseagreed amongst such remaining Class B Members) in proportion to its holding of all then outstanding Class B Units (excluding in such determination of outstanding Class B Units all thenoutstanding Class B Units of any Class B Member that does not wish to advance such proportionate share).

(d)    To the extent the Class B Members have provided or are maintaining (or arecausinganAffiliatetoprovideormaintain)lettersofcredit,guarantees,bonds,suretycontracts or other credit support arrangements (and any related reimbursement obligation) (“ProjectSecurity”)tosupportthepaymentandperformanceobligationsoftheProjectCompanyunderany ApplicableLaw,PermitorMajorProjectContract,orotherinstrumentsorfinancingarrangements thattheCompanymaydrawuponaftertheSCFundingDate,inaccordancewiththetermsofthis Agreement,suchProjectSecurityshallbedeemedtobeaMemberLoanmadetotheCompanyby theClassBMemberonthesametermsasaloanmadeunderSection3.5(c).AnyProjectSecurity provided or maintained by the Class B Member or any of its Affiliates shall be returned to the ClassBMember(oritsapplicableAffiliate)upontheirrelease(togetherwithanyinterestthereon received by the Company).

(e)    InterestonandtheprincipalamountofeachMemberLoanshallbepaidon each Distribution Date from Available Cash Flow prior to the making of any payments provided forin Section 5.1and on any PurchaseOption Datein the following order orpriority: (1) first, to theClassBMembers,prorata,inrelationtoanyMemberLoanresultingfromadrawuponProject Security, (2)second, to theClass AMembers, pro ratain relation to any MemberLoans madeby the Class A Members; and (3) third, to the Class B Members, pro rata in relation to any other Member Loan made by the Class B Members.

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(f)    Any loan described in this Section 3.5shall constitute an unsecured loan from the applicable Member(s) to the Company and shall not be deemed to be a Capital Contribution.

3.6    CommitmentFee;NoRighttoReturnofCapitalContributions.

(a)    The Class B Members shall pay to the Class A Member on the Execution Date, a commitment fee equal to the product of (x) 0.75% times (y) the Class A Member Commitment.TheMembersagreethatpaymentsmadepursuanttothisSection3.6(a)shallbepaid bytheClassBMembersdirectlytotheClassAMembersandshallnotberegardedasadistribution ofAvailableCashFlow orareturnofanyCapital ContributiontotheClassAMembers andshall not be deemed a Capital Contribution of the Class B Members, and payments made pursuant to this provision shall not be taken into account in determining the Capital Account balance of any MemberortheachievementoftheClassAMemberBaseReturn.ThefeedescribedinthisSection3.6(a)shallbedeemedfullyearnedontheExecutionDateand,oncepaid,shallbenon-refundable.

(b)    ExceptasotherwiseprovidedinthisAgreement,noMembermayrequirea returnofanypartofitsCapitalContributionsorthepaymentofinterestthereonfromtheCompany or from another Member. An unrepaid Capital Contribution is not a liability of the Company or any Member or counted toward the achievement of the Class A Member Base Return.

3.7    Conditions to the Obligations of Class A Member on the MC Funding Date.

TheobligationoftheClassAMembertopaytheClassAMechanicalCompletion Contribution shall be subject to the satisfaction, or waiver (in its sole discretion) by the Class A Member, of each of the conditions precedent forth below:

(a)    MCFundingDateNotice.TheClassAMembershallhavereceivedatleast ten (10) Business Days’ prior written notice from the Class B Members of the expected MC FundingDate,whichnoticeshall(i)includetheanticipatedMCFundingDateandtheanticipated Class A Member Investment Amount and (ii) specify the Person(s) (and the account information withrespectthereto)designatedtoreceivetheproceedsoftheCapitalContributionoftheClassA Member payments to be made on the MC Funding Date (the “MC Funding Date Notice”).

(b)    Purchase Agreement. The Purchase Agreement shall be in full force and effect, and no breach, default or any other event, condition or circumstance has occurred thereunderorin relation thereto that permits (orwould permit with noticeorthepassageoftime) theSellertocancelorterminatethePurchaseAgreementortoterminateitsobligationsthereunder, andtheClassAMembershallhavereceivedatrue,correctandcompletecopyofthefullyexecuted Membership Interest Assignment Agreement (as defined in the Purchase Agreement);

(c)    Mechanical Completion and IE Certificate. (i) Mechanical Completion of the first circuit of the Project and Mechanical Completion of the Project’s substation shall have been achieved; providedthat the MC Funding must occur prior to the date on which any portion of the Project has been placed in service for federal income tax purposes; (ii) Substantial Completion and “Commercial Operation” within the meaning of the Offtake Agreement and

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InterconnectionAgreementshallbecapableofbeingachievedbytheTargetSCFundingDateand (iii)theClassAMembershallhavereceivedacertificateoftheIndependentEngineer,intheform attached hereto as Exhibit G-1;

(d)    Not Placed in Service. With respect to each Inverter Block composing any part of such Project, none of clauses (b), (d)or(e)set forth in the definition of Placed-in-Service shall have been achieved or shall have occurred;

(e)    NoMaterialAdverseEffect.(i)NoMaterialAdverseEffectwithrespectto the Guarantor, the Seller, the Company, the Project Company or the Project shall have occurred andiscontinuingand(ii)thereshallhavebeennomaterialadversechangeintheabilitytoperform of a counterparty to a Major Project Contract;

(f)    RepresentationsandWarranties.Eachoftherepresentationsandwarranties of the Class B Members (including in its capacity as the Sponsor Member) set forth in this AgreementoranycertificatedeliveredinconnectionwiththisAgreementshallbetrueandcorrect in all material respects as of the MC Funding Date;

(g)    TransactionDocuments.(i)EachTransactionDocument(otherthantheTax Credit Transfer Agreements) shall have been executed and delivered by all parties thereto, and shall be in full force and effect, (ii) each of the Guarantor, Seller and each Class B Member shall haveperformeditsrespectiveobligationsundertheTransactionDocumentstowhichsuchPerson is party to be performed prior to the MC Funding Date, and (iii) no such party shall be in default of, and no event or circumstance shall have occurred with respect to Seller, any Class B Member or any of their respective Affiliates that would, with the giving of notice and/or the lapseof time, result in a default of, itsrespective obligations under any of the Transaction Documents to which such Person is a party;

(h)    MajorProject Contracts. (i)The Class AMember shall have receivedtrue, correctandcompletecopiesofeachMajorProjectContract,(ii)eachMajorProjectContractshall be in full force and effect and, with respect to each Major Project Contract executed since the Execution Date and not previously approved by the Class A Member, shall be in form and substancereasonablysatisfactorytotheClassAMember,and(iii)theProjectCompanyshallhave performed in all material respects its obligations under each Major Project Contract to be performed prior to the MC Funding Date and (iv) the Project Company shall not be in material default of any obligations under any such Major Project Contract and no event or circumstance shall have occurred with respect to the Project Company that would reasonably be expected to, with the giving of notice and/or the lapse of time, result in a material default of, its obligations under any of such Major Project Contracts;

(i)    Assignment of Contracts. Any Contract applicable to the construction, operation or maintenance of the Project that was not in the name of the Project Company shall havebeenassignedandtransferredtotheProjectCompanyinamannerreasonablysatisfactoryto theClassAMember(unlesssuchContractiscontemplatedtobeinthenameofanAffiliateofthe Project Company pursuant to the Transaction Documents and except for any credit support delivered by Guarantor or an Affiliate of Guarantor);

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(j)    Construction Loan. The Construction Loan Agreement and related loan documentsshallhavebeenexecutedanddeliveredbyallpartiesthereto,andshallbeinfullforce and effect, and no breach, default or any other event, condition or circumstance has occurred thereunderorin relation thereto that permits (orwould permit with noticeorthepassageoftime) the financing providers thereunder to cancel or terminate the Construction Loan Agreement or to terminate their commitments thereunder, or otherwise to exercise remedies thereunder. The financingproviderspartytotheConstructionLoanAgreement(ortheiragent)shallhaveexecuted and delivered the Forbearance Agreement, and the Forbearance Agreement shall be in full force and effect;

(k)    Permits. The Project Company shall have obtained or received all Permits required to have been obtained or received by it as of the MC Funding Date for the installation, testing, construction, operation, ownership and use of the Project and the transactions contemplated hereby, as identified in Part Iof Schedule 2, in form and substance reasonably satisfactoryto the Class AMember, and such Permits arein full force and effect, except as noted in Part I of Schedule 2 any express appeals periods set forth in the statutes and regulations governing issuance of such Permits have expired, andtrue, correct and complete copies thereof shall have been Made Available to the Class A Member;

(l)    Updated Base Case Model. The Class A Member shall have received the Updated Base Case Model, and such Updated Base Case Model shall be (i) with respect to the inputsandassumptionsincludedtherein,informandsubstancereasonablyacceptabletotheClass A Member and (ii) with respect to the calculations included therein, in form and substance acceptable to the Class A Member;

(m)    Cost Seg/Appraisal Report. The Class A Member shall have received the Cost Seg/Appraisal Report (and, unless such report is directly addressed to the Class A Member, arelianceletterfromtheAppraiser),informandsubstancereasonablysatisfactorytotheClassA Member;

(n)    Independent Engineer Report. The Class A Member shall have received a bring down of the Independent Engineer Report (and, unless such report is directly addressed to the Class A Member, a reliance letter from the Independent Engineer), and, to the extent not included or attached to the Independent Engineer Report, a geotechnical report for the Project in each case in form and substance reasonably satisfactory to the Class A Member;

(o)    InsuranceCertificates.TheClassAMembershallhavereceivedcertificates ofinsuranceorotherevidenceinformandsubstancereasonablyacceptabletotheClassAMember demonstrating that the Project Company and the Project is covered by the insurance policies meeting the requirements of this Agreement and that such policies are in full force and effect;

(p)    Insurance Consultant Report. The Class A Member shall have received a bringdownoftheInsuranceConsultantReport(and,unlesssuchreportisdirectlyaddressedtothe Class A Member, a reliance letter from the Insurance Consultant,) each in form and substance reasonablysatisfactorytotheClassAMember;provided,however,thattotheextenttheInsurance Consultant Report provided in connection with the Execution Date was provided no more than

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ninety (90) days prior to the MC Funding Date and no material change has occurred to the facts and circumstances relevant to such report that reasonably requires updating such report, this Section 3.7(p)shall be considered satisfied;

(q)    Reserved;

(r)    Environmental Report. (i) If the site visit, records review, lien search, environmental professional’s declaration and owner/operator interviews performed for the Environmental Report were conducted more than one hundred eighty (180) days prior to the MC Funding Date, then the Class A Member shall have received a bringdown of such Environmental Report(and,unlesssuchreportisdirectlyaddressedtotheClassAMember,arelianceletterfrom theEnvironmentalConsultant),and(ii)ifasoftheMCFundingDateoneyearormorehaselapsed sincethedateofthesitevisit,recordsreview,liensearch,environmentalprofessional’sdeclaration andowner/operatorinterviewsperformedfortheEnvironmentalReport,thentheClassAMember shall have received a new Phase I Environmental Site Assessment (and, unless such report is directly addressed to the Class A Member, a reliance letter from the Environmental Consultant), in each case, compliant with, and not expired under,the applicableAmerican Society for Testing and Measurements (ASTM) standard, in form and substance reasonably satisfactory to the Class A Member;

(s)    [Reserved;]

(t)    Title Policy. The ClassA Member shall have received (i) an updated then-currentALTASurvey,includingtheasdesignedsiteplanasanoverlayoftheProjectshowingthe plannedlocationoftheimprovementstobelocatedontheProjectSitebasedonas-builtplansfrom theEPCContractorinaformsubstantiallysimilartotheALTASurveydeliveredonthePurchase Date(provided,however,anupdatedALTASurveywillnotberequiredontheMCFundingDate iftheALTASurveyprovidedonorbeforetheExecutionDateasrequiredbySection3.9(v)below is dated within 60 days of the MC Funding Date), and (ii) a date down endorsement to the Title Policy (or a date-down endorsement or similar endorsement or modification thereto), or an irrevocablecommitmentbytheTitleCompanyintheformofaclosinginstructionlettersignedby the Title Company (in form and substance reasonably satisfactory to the Company and the Investor), to issue the date down endorsement, which date down endorsement shall, among other things,(A)extendtheeffectivedateoftheTitlePolicytotheMCFundingDate,(B)includeNon-Imputation and Additional Insured endorsements in favor of the Class A Member and any other endorsementsfortheProjectSitereasonablyrequestedbytheClassAMember,actingreasonably and (C) a reference to the as-built ALTA Survey;

(u)    Estoppel Certificates. The Class B Member shall have Made Available to the Class A Member the MC Estoppel Certificates, in the applicable forms attached hereto as ExhibitKorotherwiseinformandsubstancereasonablyacceptabletotheClassAMember,from each relevant counterparty to be dated within thirty (30) days of the MC Funding Date;

(v)    Lien Waivers. The Class A Member shall have received true, correct and complete copies of conditional or unconditional lien waivers, each complying with statutory

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requirementsapplicablethereto,executedbythecounterpartiestoeachConstruction Contractfor amounts previously paid and, for conditional lien waivers, amounts then due thereunder;

(w)    No Litigation. (i) There shall be no judgments or lawsuits, pending or threatened in writing, against any of the Guarantor, the Project Company, Seller or, the Major ProjectCounterparties,ineachcasethatwouldimpedetheconstructionoroperationoftheProject in accordance with any of the Major Project Contracts or any of the Transaction Documents and (ii)noclaims,disputes,governmentalinvestigations,suits,actions(includingnon-judicialrealor personal property foreclosure actions), arbitrations, legal, administrative or other proceedings of anynature,domesticorforeign,criminalorcivil,atlaworinequity,shallhavebeeninstitutedor threatenedinwritingandremainpending,ineachcasethathasareasonablelikelihoodofsuccess, thatseektoimpair,restrainorprohibittheconsummationofthetransactionscontemplatedbythe Transaction Documents;

(x)    NoDefaultsUnderMajorProjectContracts.(i) Allamountsrequiredtobe paid by the Project Company as of the MC Funding Date under any Major Project Contract shall have been or will be paid as of the MC Funding Date, and, if any such amounts are subject to a bona fide dispute, an amount not less than the amounts in dispute shall have been retained by Company(orotherwisereservedbytheProjectCompany)forpaymentof suchdisputedamounts in a cash reserve account; (ii) neither the Project Company nor any Major Project Counterparty shall have materially breached the Major Project Contracts where such breach remains uncured; and (iii) all required financial security required to be provided under the Major Project Contracts as of the MC Funding Date shall have been delivered in accordance with such Major Project Contracts;

(y)    CommitmentExpirationDate.TheMCFundingDateshallbenotlessthan ninety (90) days prior to the Commitment Expiration Date;

(z)    ConstructionBudget.TotheextenttheupdatedBaseCaseModelprovided to the Class A Member pursuant to Section 3.7(l)incorporates any updates to the construction budget for the Project delivered to the Investor pursuant to Section 3.9(f), the Class A Member shall have received copies of a budget for the completion of construction of the Project, and an updatedconstructionscheduleandplanthatdemonstratesthattheProjectiswithinthebudget (or otherwise has sources of funding to pay any excess amounts) and that each Inverter Block that composes the Project will be placed in service for U.S. federal income tax purposes no later than the Target SC Funding Date;

(aa)    NoChangeinTaxLaw.NoChangeinTaxLaworProposedChangeinTax Lawshallhaveoccurred sincetheExecutionDate thathasnotbeenappropriatelyreflectedinthe UpdatedBaseCaseModel(i)withrespecttotheinputsandassumptionsincludedtherein,inform and substance reasonably acceptable to the Class A Member and (ii) with respect to the calculations included therein, in form and substance acceptable to the Class A Member;

(bb)    Tax Opinion. The Class A Member shall have received a tax opinion from Milbank LLP or another nationally-recognized Tax counsel selected by the Class A Member in form and substance acceptable to the Class A Member;

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(cc)    TaxCertificates.TheClassAMembershallhavereceivedfromtheSponsor Member an executed copy of (i) the Beginning of Construction Bring-Down Certificate, (ii) the and (iv) the Energy Community Bring-Down Certificate.

(dd)    NoChangeinApplicableLaw.NoChangeinApplicableLawEventshall haveoccurred;

(ee)    Third-PartyConsents.TheProjectCompanyandtheCompanyeachshall havereceivedallmaterialthird-partyconsentsandapprovals,andshallhavemadeallmaterial filingswithGovernmentalAuthoritiestodevelop,site,construct,operateandmaintaintheProject, in each case, required to be obtained or made as of the MC Funding Date;

(ff)    No Condemnation or Casualty. No condemnation shall have occurred and be pending against the Project, and no Event of Loss shall have occurred and be continuing with respect to the Project;

(gg)    IRS FormW-9. TheSellershall havedelivered to theCompanyaproperly executed IRS Form W-9;

(hh)    LienSearches.TheProjectCompanyandtheProjectshallbefreeandclear of all Encumbrances other than Permitted Liens, and the Class A Member shall have received copies of recent Uniform Commercial Code, litigation, tax and bankruptcy search reports for the Seller, the Company, the Class B Members, and the Project Company, and bankruptcy search reports for the Guarantor and such search reports shall be reasonably satisfactory to the Class A Member;

(ii)    EnergyRegulatoryMatters.ThepurchaseoftheProjectCompanyshallnot causetheCompanyoranyofitsMembers(i)tobecomesubjectto,ornotexemptfromregulation as a “public utility” under the FPA (as that term is defined in Section 201(e) of the FPA); except thattheProjectCompanymaybesubjecttoregulationasa“publicutility”(asthattermisdefined inSection201(e)oftheFPA)withMBRAuthority;(ii)tobecomesubjectto,ornotexemptfrom regulatory provisions under PUHCA included within the exemptions described at 18 C.F.R. § 366.3(a);(iii)tobecome subjecttorate regulation orfinancialororganizationalregulationbythe applicable State Regulatory Agency under applicable state law; or (iv) to be deemed a “public utility” under applicable state law;

(jj)    Purchase Date Notice Under Purchase Agreement. The Class A Member shallhavereceivedacopyofthefullycompleteandexecutedPurchaseDateNotice(asdefinedin the Purchase Agreement) delivered pursuant to the Purchase Agreement;

(kk)    Flow of Funds and Transaction Expenses. TheClass AMembershall have received a flow of funds memorandum in form and substance reasonably satisfactory to it; the ClassBMembersshallhavemadetheClassBMechanicalCompletionContribution(orshallmake the Class B Mechanical Completion Contribution concurrently with the Class A Mechanical Completion Contribution on the MC Funding Date); and the Class B Members, or an Affiliate thereofontheirbehalf,shallhavepaidorreimbursed,orwillpayorreimburseontheMCFunding

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Date,theTransactionExpenses(subjecttoanylimitationsintheFeeLetter)incurredonorbefore the MC Funding Date by the Class A Member and the Company;

(ll)    ITC Term Sheets. The Company shall have entered into term sheets with respect to the ITCs associated with the Project that contemplate entering into the Tax Credit Transfer Agreements;

(mm)    Legal Opinions. The Class A Member shall have received bring downs to thelegalopinionsdeliveredpursuanttoSection3.9(h)previouslydeliveredinconnectionwiththe ExecutionDaterelatingtofederal,stateandlocalpermittingmattersandfederal,stateandlocal energyregulatorymatters,eachinformandsubstancereasonablysatisfactorytotheClassA Member;

(nn)    [Reserved]

(oo)    Update to Distributions and Allocations. The Class B Members shall have provided an update to Schedule 5.1(a)(i)(A)and Schedule 5.1(b), in each case, to the extent such updatesarerequiredpursuantto Section3.3(f),whichsuchupdatedSchedulesshallbe consistent with the Updated Base Case Model; and

(pp)    Satisfaction of Conditions. The Class A Member shall have received a certificateofadulyauthorizedrepresentativeoftheClassBMembersdatedtheMCFundingDate, subject to any knowledge or materiality qualifiers contained therein, certifying as to the satisfaction of the conditions precedent set forth in this Section 3.7.

3.8    Conditions to the Obligations of Class A Member on the SC Funding Date.

TheobligationoftheClassAMembertopaytheClassASubstantialCompletion Contribution shall be subject to the satisfaction, or waiver (in its sole discretion) by the Class A Member, of each of the conditions set forth below:

(a)    SCFundingDateNotice.TheClassAMembershallhavereceivedatleast ten (10) Business Days’ written notice from the Class B Members ofthe expected SC Funding Date, which notice shall (i) include the anticipated SC Funding Date and the anticipated Class A Member Investment Amount (which such amount shall not, when added to the Class A Member MechanicalCompletionContribution,exceedtheClass AMemberCommitment)and(ii)specify thePerson(s)(andtheaccountinformationwithrespectthereto)designatedtoreceivetheproceeds oftheCapitalContributionoftheClassAMemberpaymentstobemadeontheSCFundingDate (the “SC Funding Date Notice”);

(b)    Placed in Service; Substantial Completion; and IECertificate. (i) Each Inverter Block that composes such Project shall have been Placed-in-Service prior to January 1, 2026; (ii) Substantial Completion of the Project shall have been achieved; (iii) the “Commercial Operation”underandasdefinedineachOfftakeAgreementandInterconnectionAgreementshall have been achieved; and (iv) the Class A Member shall have received a certificate of the Independent Engineer, in the form attached hereto as Exhibit G-2;

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(c)    NoMaterialAdverseEffect.(i)NoMaterialAdverseEffectwithrespectto the Guarantor, the Seller, the Company, the Project Company or the Project shall have occurred andiscontinuingand,(ii)thereshallhavebeennomaterialadversechangeintheabilitytoperform of a counterparty to a Major Project Contract;

(d)    RepresentationsandWarranties.Eachoftherepresentationsandwarranties of the Class B Members (including in its capacity as the Sponsor Member) set forth in this AgreementoranycertificatedeliveredinconnectionwiththisAgreementshallbetrueandcorrect in all material respects as of the SC Funding Date;

(e)    TransactionDocuments.(i)EachTransactionDocumentshallremaininfull forceandeffect,(ii)eachoftheGuarantor,SellerandeachClassBMembershallhaveperformed its respective obligations under the Transaction Documents to which such Person is party to be performedpriortotheSCFundingDate,and(iii)nosuchpartyshallbeindefaultof,andnoevent or circumstance shall have occurred with respect to the Seller, Class B Members or any of their respective Affiliates that would, with the giving of notice and/or the lapse of time, result in a defaultofitsrespectiveobligationsunderanyoftheTransactionDocumentstowhichsuchPerson is a party;

(f)    MajorProject Contracts. (i)The Class AMember shall have receivedtrue, correctandcompletecopiesofeachMajorProjectContract,(ii)eachMajorProjectContractshall beinfullforceandeffectand,withrespecttoeachMajorProjectContractexecutedsincetheMC FundingDateandnotpreviouslyapprovedbytheClassAMember,shallbeinformandsubstance reasonablysatisfactorytotheClassAMember,(iii)theProjectCompanyshallhaveperformedin allmaterialrespectsitsobligationsundereachMajorProjectContracttobeperformedpriortothe SCFundingDateand(iv)theProjectCompanyshallnotbein material defaultofanyobligations under any such Major Project Contract and no event or circumstance shall have occurred with respect to the Project Company that would reasonably be expected to, with the giving of notice and/or the lapse of time, result in a material default of, its obligations under any of such Major Project Contracts;

(g)    Payoff of Construction Loan. The Class A Member shall have received reasonablysatisfactoryevidencethattheobligationsandliabilities(otherthancontingentliabilities for indemnification or reimbursement that pursuant to the terms of the Construction Loan Agreement expressly survive such repayment) of the Company and the Project Company under the Construction Loan Agreement and all related loan documents will bepaid and discharged (or released) in full, and the liens and security interests encumbering the Project or any assets or properties of the Project Company or any equity interests in the Project Company securing any obligationsundertheConstructionLoanAgreementortherelatedloandocumentswillbereleased, ontheSC FundingDate,asevidenced byapayoffletterin theform attachedhereto as Exhibit N;

(h)    Permits. The Project Company shall have obtained or received all Permits required to have been obtained or received by it as of the SC Funding Date for the construction, operation and ownership of the Project, as identified in Part I and Part II of Schedule 2, and the transactions contemplated hereby, as identified in Part Iof Schedule 2, in form and substance reasonablysatisfactorytotheClassAMember,andsuchPermitsareinfullforceandeffect,except

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asnotedinPartIofSchedule2anyexpressappealsperiodssetforthinthestatutesandregulations governing issuance of such Permits have expired, andtrue, correct and complete copies thereof shall have been Made Available to the Class A Member;

(i)    Updated Base Case Model. The Class A Member shall have received the Updated Base Case Model, and such Updated Base Case Model shall be (i) with respect to the inputsandassumptionsincludedtherein,informandsubstancereasonablyacceptabletotheClass A Member and (ii) with respect to the calculations included therein, in form and substance acceptable to the Class A Member;

(j)    Cost Seg/Appraisal Report. The Class A Member shall have received a bring-down Cost Seg/Appraisal Report (and, unless such report is directly addressed to the Class AMember,arelianceletterfromtheAppraiser),informandsubstancereasonablysatisfactoryto the Class A Member;

(k)    Independent Engineer Report. The Class A Member shall have received a bring-downIndependentEngineerReport(and,unlesssuchreportisdirectlyaddressedtotheClass A Member, a reliance letter from the Independent Engineer), in form and substance reasonably satisfactory to the Class A Member;

(l)    Insurance Consultant Report. The Class A Member shall have received an update of the Insurance Consultant Report, in form and substance reasonably satisfactory to the Class A Member and, unless such report is directly addressed to the Class A Member, a reliance letter with respect thereto, in form and substance reasonably satisfactory to the Class A Member; providedthatnosuchbring-downshallberequirediflessthanninety(90)dayshaveelapsedsince the date of the Insurance Consultant Report provided as of the Execution Date or, if applicable, the MC Funding Date and the Insurance Consultant provides a written certification that the facts and circumstances (including underlying assumptions) of such report have not changed in a way that would materially alter the conclusions of such report;

(m)    InsuranceCertificates.TheClassAMembershallhavereceivedcertificates of insurance or other evidence in form and substance reasonably acceptable to the Class A Member, demonstrating that the Project Company and the Project is covered by the insurance policies meeting the requirements of this Agreement;

(n)    Transmission Report. The Class A Member shall have received a bring down of the Transmission Report (and, unless such report is directly addressed to the Class A Member, a reliance letter from the Transmission Consultant), in each case in form and substance reasonably satisfactory to the Class A Member;

(o)    Market Report. The Class A Member shall have received a bring down of theMarketReport(and,unlesssuchreportisdirectlyaddressedtotheClassAMember,areliance letter from the Market Consultant), in each case in form and substance reasonably satisfactory to the Class A Member;

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(p)    Environmental Report. (i) If the site visit, records review, lien search, environmental professional’s declaration and owner/operator interviews performed for the Environmental Report were conducted more than one hundred eighty (180) days prior to the SC Funding Date, then the Class A Member shall have received a bringdown of such Environmental Report(and,unlesssuchreportisdirectlyaddressedtotheClassAMember,arelianceletterfrom theEnvironmentalConsultant),and(ii)ifasoftheSCFundingDateoneyearormorehaselapsed sincethedateofthesitevisit,recordsreview,liensearch,environmentalprofessional’sdeclaration andowner/operatorinterviewsperformedfortheEnvironmentalReport,thentheClassAMember shall have received a new Phase I Environmental Site Assessment (and, unless such report is directly addressed to the Class A Member, a reliance letter from the Environmental Consultant), ineachcase,compliantwith,andnotexpiredunder, theapplicableAmericanSocietyforTesting and Measurements (ASTM) standard, in form and substance reasonably satisfactory to the Class A Member;

(q)    ALTASurveyandTitlePolicy.TheClassAMembershallhavereceived (i)adatedownendorsementtotheTitlePolicy(adate-downendorsementorsimilarendorsement or modification thereto) or an irrevocable commitment by the Title Company in the form of a closing instruction letter signed by the Title Company (in form and substance reasonably satisfactory to theClass A Member), to issue the date down endorsement, which date down endorsementshall,amongotherthings,(A)extendtheeffectivedate ofthe TitlePolicytotheSC Funding Date, (B)includea endorsement to the TitlePolicy increasing the insured amount ofthe Title Policy to $296,564,233, as mutually agreed upon by Class A Member and any other endorsementsfortheProjectSitereasonablyrequestedbytheClassAMember,actingreasonably, and (C) a reference to the as-built ALTA Survey; and (ii) an as-built ALTA Survey in a form substantially similar to the ALTA Survey delivered in accordance with Section 3.7(t) above, showing the actual locations of any as-built improvements located on the Project Site and confirming that the as-built locations of any improvements installed on the Project Site as of the SCFundingDateareinsubstantiallythesamelocationsasshownontheALTASurveydelivered inaccordancewithSection3.7(t)above.Withinninety(90)daysfollowingtheSCFundingDate, the Company and Investor shall have received a copy of a final post-construction as-built ALTA SurveyfortheProjectSiteshowingtheactuallocationoftheimprovementsasconstructedon the Project Site, in form and substance reasonably satisfactory to the Class A Member. Within one hundred and eighty (180) days following the SC Funding Date, the Company and Investor shall receive a copy of an additional date-down Endorsement to the Title Policy removing the general/promulgated mechanic’s lien exception from the Title Policy.

(r)    Estoppel Certificates. The Class B Member shall have Made Available to the Class A Member the SC Estoppel Certificates, in the applicable forms attached hereto as ExhibitKorotherwiseinformandsubstancereasonablyacceptabletotheClassAMember,from each relevant counterparty to be dated within thirty (30) days of the SC Funding Date.

(s)    Lien Waivers. The Class A Member shall have received true, correct and complete copies of conditional or unconditional lien waivers, each complying with statutory requirementsapplicablethereto,executedbythecounterpartiestoeachConstructionContractfor amounts previously paid and, for conditional lien waivers, amounts then due thereunder;

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(t)    Legal Opinions. The Class A Member shall have received bring downs to thelegalopinionsdeliveredpursuanttoSection3.9(h)previouslydeliveredinconnectionwiththe ExecutionDate,relatingtofederal,state,andlocalpermittingmattersandfederalandstateenergy regulatory matters, each in form and substance reasonably satisfactory to the Class A Member;

(u)    TaxOpinion.Totheextentthereareany(i)newfactsor(ii)changestothe ApplicableLaw,ineachcase,followingtheMCFundingDatethatcouldreasonablybeexpected toaffecttheconclusionsinthetaxopinionfromMilbankLLPdeliveredontheMCFundingDate or Execution Date, the Class A Member shall have received a tax opinion from Milbank LLP or anothernationally-recognizedTaxcounselselectedbytheClassAMemberinformandsubstance acceptable to the Class A Member.

(v)    TaxCertificates.TheClassAMembershallhavereceivedfromtheSponsor Member an executed copy of (i) the Beginning of Construction Bring-Down Certificate, and (iv) the Energy Community Bring-Down Certificate.

(w)    No Litigation. (i) There shall be no judgments or lawsuits, pending or threatened in writing, against any of the Guarantor, the Project Company, Seller or the Major ProjectCounterparties,ineachcasethatcouldimpedetheconstructionoroperationoftheProject in accordance with any of the Major Project Contracts or any of the Transaction Documents; and (ii)noclaims,disputes,governmentalinvestigations,suits,actions(includingnon-judicialrealor personal property foreclosure actions), arbitrations, legal, administrative or other proceedings of anynature,domesticorforeign,criminalorcivil, atlaworinequity,shall havebeeninstitutedor threatenedinwritingandremainpending,ineachcasethathasareasonablelikelihoodofsuccess, thatseektoimpair,restrainorprohibittheconsummationofthetransactionscontemplatedbythe Transaction Documents;

(x)    NoDefaultsUnderMajorProjectContracts.(i) Allamountsrequiredtobe paid by the Project Company as of the SC Funding Date under any Major Project Contract shall have been or will be paid as of the SC Funding Date; and, if any such amounts are subject to a bona fide dispute, a portion of the SC Payment (as defined in the Purchase Agreement) equal to theamountsindisputeshallhavebeenretainedbyCompany(orotherwisereservedbytheProject Company)forpaymentofsuchdisputedamounts;(ii)neithertheProjectCompanynoranyMajor Project Counterparty shall have materially breached the Major Project Contracts where such breach remainsuncured; and(iii)allrequiredfinancialsecurityrequiredto beprovidedunderthe Major Project Contracts as of the SC Funding Date shall have been delivered in accordance with such Major Project Contracts;

(y)    NoChangeinTaxLaw.NoChangeinTaxLaworProposedChangeinTax Law shall have occurred since the MC Funding Date that has not been appropriately reflected in the Updated Base Case Model (i) with respect to the inputs and assumptions included therein, in form and substance reasonably acceptable to the Class A Member and (ii) with respect to the calculations included therein, in form and substance acceptable to the Class A Member;

(z)    NoChangeinApplicableLaw.NoChangeinApplicableLawEventshall haveoccurred;

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(aa)    Third-PartyConsents.TheProjectCompanyandtheCompanyshallhave received all material third-party consents and approvals, and shall have made all material filings with Governmental Authorities to develop, site, construct, operate and maintain the Project, in each case, required to be obtained or made as of the SC Funding Date;

(bb)    No Condemnation or Casualty. No condemnation shall have occurred and be pending against the Project, and no Event of Loss shall have occurred and be continuing with respect to the Project;

(cc)    LienSearches.TheProjectCompanyandtheProjectshallbefreeandclear of all Encumbrances other than Permitted Liens, and the Class A Member shall have received copiesofrecentUniformCommercialCode,litigation,taxandbankruptcysearchreportsforthe Seller, the Company, the Class B Members, and the Project Company, and bankruptcy search reports for the Guarantor, and such search reports shall be reasonably satisfactory to the Class A Member;

(dd)    SCFundingDateNoticeUnderPurchaseAgreement.TheClassAMember shallhavereceivedacopyofthefullycompleteandexecutedSCFundingDateNoticewithrespect to the Project delivered pursuant to the Purchase Agreement;

(ee)    Flow of Funds and Transaction Expenses. TheClass AMembershall have received a flow of funds memorandum in form and substance reasonably satisfactory to it; the ClassBMembersshallhavemadetheClassBSubstantialCompletionContribution(orshallmake the Class B Substantial Completion Contribution concurrently with the Class A Substantial Completion Contribution on the SC Funding Date); and the Class B Members, or an Affiliate thereofontheirbehalf,shallhavepaidorreimbursed,orwillpayorreimburseontheSCFunding Date,theTransactionExpenses(subjecttoanylimitationsintheFeeLetter)incurredonorbefore the SC Funding Date by the Company;

(ff)    ITC Insurance Policy. The Class A Member shall have received an ITC Insurance Policy and an endorsement to add the Company as a named insured thereunder that is reasonablysatisfactorytotheClassAMember,eachofwhichshallbeinfullforceandeffect,with insurancecompaniesrated“A”orbetter, withaminimumsizerating“X”asdeterminedbyA.M. Best, “A” or better by Standard and Poor’s an equivalent rating by another nationally recognized insuranceratingagencyofsimilarstandingorothercompaniessatisfactorytotheClassAMember;

(gg)    Tax Credit Transfer Agreements. Tax Credit Transfer Agreement(s) with respecttoallITCsassociatedwiththeProjectandaparentguarantyfroma parentoftheSponsor in favor of the purchaser under such Tax Credit Transfer Agreement(s), in each case, be in form and substance reasonably acceptable to the Investor in its sole discretion (provided that the paymentdatesfortheportionofproceedsrepresentingtheClassATCTAProceedsAmountunder each Tax Credit Transfer Agreement shall be no earlier than two (2) weeks following the SC Funding Date), shall have been executed and delivered by all parties thereto, and shall be in full force and effect, and no breach, default or any other event, condition or circumstance shall have occurredthereunderorinrelationtheretothatpermits(orwouldpermitwithnoticeorthepassage

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of time) the counterparty to cancel or terminate such Tax Credit Transfer Agreement(s) or parent guaranty or to terminate the counterparty’s obligations thereunder;

(hh)    Update to Distributions and AllocationsThe Class B Members shall have provided an update to Schedule 5.1(a)(i)(A), Schedule 5.1(a)(i)(B)and Schedule 5.1(b), in each case, to the extent such updates are required pursuant to Section 3.3(f), which such updated Schedules shall be consistent with the Updated Base Case Model; and

(ii)    Satisfaction of Conditions. The Class A Member shall have received a certificate of a duly authorized representative of the Class B Members, subject to any knowledge or materiality qualifiers contained therein, dated as of the SC Funding Date certifying as to the satisfaction of the conditions precedent set forth in this Section 3.8.

3.9    ConditionstoEffectiveness.TheeffectivenessofthisAgreementissubjecttothe satisfaction orwaiverby theapplicablePartyofthefollowing conditions precedent on orpriorto the Execution Date:

(a)    TransactionDocuments.EachoftheInvestorandtheSponsorMembershall have received duly executed and complete copies of each Transaction Document (other than the Membership Interest Assignment Agreement and the Tax Credit Transfer Agreement(s) with respect to the ITCs associated with the Project, and instead the Company shall have received a working draft term sheet for the sale of such ITCs), and no breach, default or any other event, condition or circumstance shall have occurred thereunder or in relation thereto that permits (or wouldpermitwithnoticeorthepassageoftime)thecounterpartytocancel orterminateanysuch Transaction Document or to terminate the counterparty’s obligations thereunder;

(b)    RepresentationsandWarranties.Eachoftherepresentationsandwarranties of the Class B Member (including in its capacity as the Sponsor Member) and of the Investor set forth in this Agreement and the other Transaction Documents or in any certificate delivered in connection with this Agreement or the other Transaction Documents shall be true and correct, in each case as of the Execution Date;

(c)    No Litigation. No claims, disputes, governmental investigations, suits, actions (including non-judicial real or personal property foreclosure actions), arbitrations, legal, administrativeorotherproceedingsofanynature,domesticorforeign,criminalorcivil,atlawor inequity,shallhavebeeninstitutedorthreatenedinwritingandremainpending,ineachcasethat has a reasonable likelihood of success, that seek to impair, restrain or prohibit the consummation of the transactions contemplated by the Transaction Documents;

(d)    Major Project Contracts. (i) The Investor shall have received true, correct and complete copies of each Major Project Contract, (ii) each Major Project Contract shall be in form and substance reasonably satisfactory to the Investor, and shall be in full force and effect, and (iii) the Project Company shall have performed in all material respects its obligations under each Major Project Contract to be performed prior to the Execution Date and (iv) the Project CompanyshallnotbeinmaterialdefaultofanyobligationsunderanysuchMajorProjectContract andnoeventorcircumstanceshallhaveoccurredwithrespecttotheProjectCompanythatwould

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reasonably be expected to, with the giving of notice and/or the lapse of time, result in a material default of, its obligations under any of such Major Project Contracts;

(e)    BaseCaseModel.EachoftheInvestorandtheSponsorMembershallhave received the Base Case Model in form and substance acceptable to Investor and the Sponsor Member;

(f)    Construction Budget; Proof of Funds. The Investor shall have received (i) copies of a budget for the completion of construction of the Project, and a construction schedule and plan that demonstrates that the Project is within the budget and that each Inverter Block that composes the Project will be placed in service for U.S. federal income tax purposes no later than the Target SC Funding Date and (ii) evidence reasonably satisfactory to the Investor that Seller has sufficient funds available to it to achieve Substantial Completion by its Target SC Funding Date;

(g)    Financial Statements. The Investor shall have received (i) an unaudited balance sheet of the Company in form and substance reasonably acceptable to the Investor, (ii) audited consolidated financial statements of the Guarantor, to the extent such statements are not publicly available, for the 2024 fiscal year (including a balance sheet, statement of income (or loss), statement of cash flows and statement of changes in Member’s capital schedule), and (iii) the most recent unaudited quarterly consolidated financial statements of the Guarantor, to the extent such statements are not publicly available, for the fiscal quarter ended June 30, 2025, (includingabalancesheet,statementofincome(orloss),statementofcashflowsandstatementof changes in Member’s capital schedule);

(h)    Legal Opinions. The Investor shall have received the following legal opinions,eachinformandsubstancesatisfactorytotheInvestor:(i)alegalopinionof Holland& KnightLLPwithrespecttotheenforceabilityofeachoftheTransactionDocumentstowhichany Sponsor Party is a party and as to such other corporate matters as are customarily included in similar opinions, (ii) a legal opinion of Rock Creek Energy Group, LLP with respect to federal energy regulatory matters, and (i)i a legal opinion of Croke Fairchild Duarte & Beres LLC with respect to Illinois state energy regulatory and federal, state and local permitting matters;

(i)    TaxOpinion.The Investorshallhave receivedataxopinionfromMilbank LLPoranothernationally-recognizedTaxcounselselectedbytheInvestorinformandsubstance acceptable to the Investor;

(j)    Secretary’sCertificates.TheInvestorshallhavereceivedacertificatefrom an authorized signatory of each Sponsor Party, certifying, as of the Execution Date, to such SponsorParty’sincumbentauthorizedsignatories,limitedliabilitycompanyagreement(provided, however, that the Guarantor shall not provide a copy of its limited liability company agreement), certificate of formation, good standing, and due authorization;

(k)    Consents and Approvals. All material consents, approvals and filings required to consummate the Transaction Documents shall have been obtained;

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(l)    KYC.TheInvestorshallhavereceivedfromeachoftheSponsorPartiesthe documentation and other information reasonably requested by Investor in connection with applicable “know your customer” rules and other Anti-Terrorism and Money Laundering Laws and Regulations (including, if requested by Investor, a Beneficial Ownership Certification in relation to such Sponsor Party);

(m)    [Reserved]

(n)    Tax Certificates. The Investor shall have received from the Sponsor Member, an executed copy of (i) the Beginning of Construction Certificate, and (iv) the Energy Community Certificate.

(o)    Cost Seg/Appraisal Report. The Investor shall have received a Cost Seg/Appraisal Report (including the cost segregation analysis and, unless such report is directly addressedtotheClassAMembers,arelianceletterfromtheQualifiedAppraiser),ineachcasein form and substance reasonably satisfactory to the Investor;

(p)    Independent Engineer Report. The Investor shall have received an Independent Engineer Report (and, unless such report is directlyaddressed to the Class A Members, a reliance letter from the Independent Engineer ), in each case in form and substance satisfactory to the Investor;

(q)    InsuranceConsultantReport.TheInvestorshallhavereceivedanInsurance ConsultantReport(and,unlesssuchreportisdirectlyaddressedtotheClassAMembers,areliance letter from the Insurance Consultant), in each case in form and substance satisfactory to the Investor;

(r)    Insurance Certificates. The Investor shall have received certificates of insurance or other evidence in form and substance reasonably acceptable to the Investor, demonstrating that the Project and the Project Company is covered by the insurance policies meeting the requirements of this Agreement and that such policies are in full force and effect;

(s)    Transmission Report. The Investor shall have received a Transmission Report(and,unlesssuchreportisdirectlyaddressedtotheClassAMembers,arelianceletterfrom the Transmission Consultant), in each case in form and substance reasonably satisfactory to the Investor;

(t)    Environmental Report. The Investor shall have received an Environmental Report(and,unlesssuchreportisdirectlyaddressedtotheClassAMembers,arelianceletterfrom the Environmental Consultant), in each case in form and substance satisfactory to the Investor;

(u)    MarketReport.TheInvestorshallhavereceivedabringdownoftheMarket Report(and,unlesssuchreportisdirectlyaddressedtotheClassAMember,arelianceletterfrom theMarketConsultant),ineachcaseinformandsubstancereasonablysatisfactorytotheClassA Member.

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(v)    ALTASurveyandTitlePolicy.TheInvestorshallhavereceived(i)anthen-current ALTA Survey updated to be certified to the Investor, including an overlay of the as-designed Project showing the planned location of the improvements to be located on the Project Site, and (ii) the Title Policy or a binding commitment from the title company to issue the Title Policy(oradate-downendorsementorsimilarendorsementormodificationthereto),ineachcase, in form and substance acceptable to the Investor;

(w)    Transaction Expenses. The Investor shall have received satisfactory evidence that the Sponsor Member, or an Affiliate thereof on their behalf, shall have paid or reimbursed,orwillpayorreimbursenolaterthanfive(5)BusinessDaysaftertheExecutionDate, theTransactionExpensesonorbeforetheExecutionDate,ineachinstance,pursuanttotheterms and provisions of the Fee Letter; and

(x)    Class A Commitment Guaranty. The Sponsor Member shall have received a copy of the Class A Commitment Guaranty.

3.10    [Reserved].

3.11    FailuretoAchieveSCFunding Date.

(a)    If(i)theSCFundingDatehasnotoccurredbytheCommitmentExpiration Dateand(ii)noInverterBlockhasbeenplacedinserviceforU.S.federalincometaxpurposesby the Commitment Expiration Date (a “Class A Withdrawal Trigger Event”), then the Class B MembersshallpurchasealloftheClassAInterests(the“ClassAWithdrawal”)uponpaymentby the Class B Members to the Class A Member of an amount equal to the aggregate amount of the CapitalContributionsactuallycontributedbythe ClassAMember, togetherwithinterestonsuch amount being returned at a rate per annum (based on a 360-day year of twelve 30-day months) equal to the Class A Member Base Return for the period commencing on the MC Funding Date and ending on the date such funds are returned to the Class A Member. The Class A Withdrawal will be consummated within 30 days after the Class A Withdrawal Trigger Event.

(b)    If(i)theSCFundingDatehasnotoccurredbytheCommitmentExpiration Date and (ii) the MC Funding Date has occurred and one or more Inverter Blocks composing the Project has been placed in service for U.S. federal income tax purposes prior to the Commitment ExpirationDate,thentheClassAMembersandtheClassBMembersshallnegotiateingoodfaith to amend this Agreement to adjust the investment in the Company by the Class A Members in a manner that would maintain the economic and risk profile of the originally contemplated investment(includingadjustmentstothecashdistributionsandtaxallocationsand,ifnecessary,a liquidated damages payment by the Class B Members to the Class A Members to the extent necessary to achieve the Investment Criteria).

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ARTICLEIV

CAPITALACCOUNTS; ALLOCATIONS

4.1    Capital Accounts.

(a)    The Company shall maintain for each Member a separate Capital Account in accordance with the rules of Regulations Section 1.704-l(b)(2)(iv).

(b)    Subject to compliance with Regulation §§ 1.704-1(b)(2)(iv) and 1.704-2, each Member’s Capital Account balance shall initially equal the amount of cash and the Contribution Value of any other property contributed (or deemed contributed) by such Member, whichinitialCapitalAccountbalanceissetforthoppositesuchMember’snameundertheheading “Initial Capital Account Balance” on its signature page hereto; provided, however,that if a Member acquired its Membership Interest by transfer, then such Member’s Capital Account balance shall initially equal the Capital Account balance of the transferor that was attributable to thetransferredMembershipInterest,asdescribedinRegulation§1.704-1(b)(2)(iv)(l).Throughout thetermoftheCompany,eachMember’sCapitalAccountshallbe(i)increasedbytheamountof (A)suchMember’sdistributiveshareofNetIncomeandanyitemsinthenatureofincomeorgain that are allocated to such Member pursuant to Sections 4.2and 4.3, (B) any cash and the ContributionValueofanyotherpropertysubsequentlycontributed(ordeemedcontributed)tothe Company by such Member, (C) liabilities of the Company assumed by such Member (other than liabilitiestakenintoaccountpursuanttoclause(ii)(B))and(D)anyotheritemrequiredtobe creditedforpropermaintenanceofcapitalaccountsbytheRegulationsunderCodeSection704(b), and (ii) decreased by the amount of (A) such Member’s distributive share of Net Loss and any itemsinthenatureofexpensesorlossesthatareallocatedtosuchMemberpursuanttoSections 4.2and 4.3, (B) cash and the Distribution Value of any other property distributed (or deemed distributed) by the Company to such Member, (C) liabilities of such Member assumed by the Company (other than liabilities taken into account pursuant to clause (i)(B)), (D) an allocation of downwardbasisadjustmenttosuchMemberasdescribedinRegulation§1.704-1(b)(2)(iv)(j)and (E) any other item required to be debited for proper maintenance of capital accounts by the Regulations under Code Section 704(b). In determining the amount of any Company liability for purposes of this Section 4.1, there shall be taken into account Code Section 752(c) and any other applicable provisions of the Code and Regulations. The foregoing provisions and the other provisions of this Agreement relating to the maintenance of Capital Accounts are intended to complywithRegulation§1.704-1(b),andshallbeinterpreted andapplied inamannerconsistent with such regulations.

(c)    In the event Units are Transferred in accordance with the terms of this Agreement,theTransfereeshallsucceedtotheCapitalAccountoftheTransferringMembertothe extent it relates to the Units so Transferred. Each Member shall have a single Capital Account, regardless of whether such Member holds multiple classes of Units in the Company.

(d)    In determining the amount of any liability for purposes of paragraph (b)above there shall be taken into account Section 752(c) of the Code and any other applicable provisions of the Code and Regulations.

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(e)    This Section 4.1and the other provisions of thisAgreement relating to the maintenanceofCapitalAccountsareintendedtocomplywithRegulationsSection1.704-1(b)and 1.704-2, and shall be interpreted and applied in a manner consistent with such Regulation.

(f)    OntheMCFundingDate,forfederalincometaxpurposes,itistheintention of the Members that they will be treated as contributing cash to the Company and the Company will be treated as using the contributions to purchase the relevant Project from the Seller.

4.2    Allocations.

For purposes of maintaining Capital Accounts, all Company Items for any Taxable Year or relevant portion thereof shall be allocated among the Members as follows:

(a)    After giving effect to the special allocations set forth in Section 4.3, first, fromandaftertheExecutionDatethroughtheFlipDate,twenty-onepercent(21%)totheClassA Members, pro ratain accordance with their Class AUnits, and seventy-ninepercent (79%) to the Class B Members, pro rata in accordance with their Class B Units; and

(b)    second, after the end of the period set forth in Section 4.2(a), eight point nine three percent (8.93%) to the Class A Members, pro rata in accordance with their Class A Units, and ninety-one point zero seven (91.07%) to the Class B Members, pro rata in accordance with their Class B Units.

provided, however, that if the Class A Member has a deficit balance in its Adjusted Capital Account at any time following the expiration of the Flip Point, items of incomeshallbeallocatedtotheClassAMemberinthelargestamountpossible(but,inno case greater than 99%) and items of loss and deductions shall be allocated to the Class B Members to the extent necessary (but in no case greater than 95%) in order to eliminate such deficit balance as quickly as possible. For the avoidance of doubt, the allocations in Section4.2(a)and4.2(b)foraTaxableYeartotheClassAMembershallbemadepriorto determining for that Taxable Year whether any Member has a taxable distribution under CodeSection731(a),soastominimize,totheextentpossibleanysuchtaxabledistribution to the Class A Member;

provided,further,that,notwithstandingtheforegoingallocationsinSection4.2(a)and4.2(b),forthefirstcalendaryearinwhichtheCompanygeneratesanetpositive income, the allocation shall be twenty-one (21%) to the Class A Members, pro rata in accordancewiththeirClassAUnits,andseventy-nine(79%)totheClassBMembers,pro rata in accordance with their Class B Units.

(c)    Company Items for the Taxable Year in which there is a disposition or deemed disposition of all or substantially all of the Assets of the Company pursuant to Section12.2(a)(iii)shall be allocated pursuant to Section 12.2(a)(iv), as applicable.

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4.3    SpecialAllocations.

(a)    Company Minimum Gain Chargeback. Notwithstanding the other provisionsofthisArticleIV,exceptasprovidedinRegulationsSection1.704-2(f),ifthereisanet decrease in Company Minimum Gain during any Taxable Year of the Company, each Member shall be allocated Company Items of income and gain for such Taxable Year (and, if necessary subsequent Taxable Years) in an amount equal to such Member’s share of the net decrease in Company Minimum Gain, determined in accordance with Regulations Section 1.704-2(g). Allocations pursuant to the previous sentence shall be made in proportion to the respective amounts required to be allocated to each Member pursuant thereto. The Company Items to be so allocated shall be determined in accordance with Regulations Sections 1.704-2(f)(6) and 1.704-2(j)(2).ThisSection4.3(a)isintendedtocomplywiththeminimumgainchargebackrequirement in Regulations Section 1.704-2(f) and shall be interpreted consistently therewith.

(b)    Chargeback ofMinimum Gain Attributable to MemberNonrecourseDebt. NotwithstandingtheotherprovisionsofthisArticleIV,exceptasprovidedinRegulationsSection 1.704-2(i)(4), if thereis a net decreasein MemberNonrecourseDebt Minimum Gain attributable toaMemberNonrecourseDebtduringanyTaxableYearoftheCompany,eachMemberwhohas a share of the Member Nonrecourse Debt Minimum Gain attributable to such Member Nonrecourse Debt, determined in accordance with Regulations Section 1.704-2(i)(5), shall be allocatedCompanyItemsofincomeandgainforsuchTaxableYear(and,ifnecessary,subsequent Taxable Years) in an amount equal to such Member’s share of the net decrease in Member NonrecourseDebt,determinedinaccordancewithRegulationsSection1.704-2(i)(4).Allocations pursuant to the previous sentence shall be made in proportion to the respective amounts required to be allocated to each Member pursuant thereto. The Company Items to be so allocated shall be determinedinaccordancewithRegulationsSections1.704-2(i)(4)and1.704-2(j)(2).ThisSection4.3(b)isintendedtocomplywiththepartnernonrecoursedebtminimumgainchargebackrequirement in Regulations Section 1.704-2(i)(4) and shall be interpreted consistently therewith.

(c)    LimitationonLossesandDeductions.SubjecttoanyDRONoticepursuant to Section 12.3, no items of loss or deduction may be allocated to any Member to the extent the allocation would result in or increase an Adjusted Capital Account Deficit at the end of any TaxableYear.IntheeventsomebutnotalloftheMemberswouldhaveAdjustedCapitalAccount Deficits as a consequence of an allocation of items of loss or deduction, this limitation shall be appliedonaMember-by-MemberbasisanditemsoflossordeductionnotallocabletoanyMember as a result of such limitation shall be allocated to the other Members in the manner otherwise requiredpursuanttoSection4.2andSection12.2(a)(iv)totheextentsuchotherMembersmaybe allocatedsuchitemsoflossordeductionwithoutproducinganAdjustedCapitalAccountDeficit.

(d)    Qualified Income Offset. In the event any Member unexpectedly receives any adjustments, allocations or distributions described in Regulations Sections 1.704-1(b)(2)(ii)(d)(4),(5)or(6),CompanyItemsofincomeandgainshallbeallocatedtosuchMember in an amount and manner sufficient to eliminate as quickly as possible, to the extent required by the Regulations, any Adjusted Capital Account Deficit; provided, that an allocation pursuant to this Section 4.3(d)shall be made only if and to the extent that such Member would

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have such a deficit Capital Account after all other adjustments provided for in this Section 4.3have been tentatively made as if this Section 4.3(d)were not in this Agreement.

(e)    Gross Income Allocation. In the event any Member has a deficit Capital AccountattheendofanyTaxableYearthatisinexcessofthesumof(i)theamountsuchMember isobligatedtocontributetotheCompanyortorestorepursuanttoSection12.3and(ii)theamount suchMemberisdeemedobligatedtorestorepursuanttothepenultimatesentencesofRegulations Sections1.704-2(g)(1)and1.704-2(i)(5),eachsuchMembershallbespeciallyallocatedCompany Items of income and gain in the amount of such excess as quickly as possible; provided, that an allocationpursuanttothisSection4.3(e)shallbemadeonlyifandtotheextentthatsuchMember would have an Adjusted Capital Account Deficit in excess of such sum after all other special allocations provided for in this Section 4.3have been made as if Section 4.3(d)and this Section4.3(e)were not in this Agreement.

(f)    Section 754 Adjustments. To the extent an adjustment to the adjusted tax basis of any Company Asset pursuant to Code Section 734(b) or Section 743(b) is required pursuant to Regulations Section 1.704-1(b)(2)(iv)(m)(2) or Section 1.704-1(b)(2)(iv)(m)(4) to be taken into account in determining Capital Accounts as the result of a distribution to a Member in complete liquidation of such Member’s interest in the Company or a distribution to a Member otherthanincompleteliquidationofsuchMember’sinterestintheCompany,theamountofsuch adjustmenttoCapitalAccountsshallbetreatedasanitemofgain(iftheadjustmentincreases the basis of the Asset) or loss (if the adjustment decreases such basis). Such gain or loss shall be speciallyallocatedtothe Membersasfollows:(A) totheMembertowhomsuchdistributionwas madeintheeventthefirstsentenceofRegulationsSection1.704-1(b)(2)(iv)(m)(4)applies;(B)in accordancewithhowthecorrespondingitemof“displaced”gainorlosswouldbeallocatedtothe Members pursuant to Section 4.2to theextent the second sentenceofRegulations Section 1.704-1(b)(2)(iv)(m)(4)applies;and(C)inaccordancewiththeMembers’“interestsintheCompany” underRegulationsSection1.704-1(b)(3)intheeventRegulationsSection1.704-1(b)(2)(iv)(m)(2) applies.

(g)    Nonrecourse Deductions. Nonrecourse Deductions for any Taxable Year shall be allocated to the Members in accordance with (i) Section 4.2, as in effect at the time the NonrecourseDeductionarises,or(ii)ifapplicable, Section12.2(a)(iv),asineffectatthetimethe Nonrecourse Deduction arises.

(h)    Member Nonrecourse Deductions. Any Member Nonrecourse Deductions for any Taxable Year shall be allocated to the Member who bears the economic risk of loss with respect to the Member Nonrecourse Debt to which such Member Nonrecourse Deductions are attributable in accordance with Regulations Section 1.704-2(i)(1).

(i)    Regulatory Allocations. The allocations required in Section 4.3(a)through Section4.3(h)(the“RegulatoryAllocations”)areintendedtocomplywithcertainrequirementsof theRegulations.ItistheintentoftheMembersthat,totheextentconsistentwiththeRegulations, all Regulatory Allocations shall be offset either with other Regulatory Allocations or with allocations of other Company Items. Therefore, notwithstanding any other provisions of this Article IV, the Regulatory Allocations shall be taken into account in allocating other Company

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ItemsamongtheMemberssuchthat,totheextentconsistentwiththeRegulations,thenetamount of allocations of such items and the Regulatory Allocations to each Member shall be equal to the netamountthatwouldhavebeen allocatedtoeach MemberiftheRegulatoryAllocationshadnot occurred and all Company Items were allocated pursuant to Section 4.2, this Section 4.3(i)and Section 12.2(a)(iv).

(j)    Certain Gains. Subject to Section 12.2(a), upon a sale, transfer or other disposition of a Company or Company asset that constitutes “capital gain property” within the meaning of Regulation § 1.755-1(a)(1), then notwithstanding the other provisions of Section 4.2or any other provision of Section 4.3, any gain resulting from such sale, transfer or other disposition shall be allocated as follows:

(i)    first,priortotheendoftheRecapturePeriod,inaccordancewith Section4.2(a);

(ii)    second,followingtheendoftheRecapturePeriodandpriortothe occurrenceoftheDROZeroDate,ninety-ninepercent(99%)totheClassAMembersand one percent (1%) to the Class B Members until the DRO Zero Date; and

(iii)    third,eightpointninethreepercent(8.93%)totheClassAMembers and ninety-one point zero seven (91.07%) to the Class B Members.

For the avoidance of doubt, gain for purposes of this Section 4.3(j)shall not include any gain for which Sections 1245(a)(1) or 1250(a) of the Code would apply.

(k)    AllocationsinConnectionwithImputedUnderpayments.

(i)    CompanyItemsoflossanddeductionfortheTaxableYear attributabletothepaymentofClassAImputedUnderpaymentsand/orFlipImputed Underpayments (and any associated penalties, interest and additions to tax) shall be allocated one hundred percent (100%) to the Class A Members unless otherwise required by Applicable Law, in which case such Company Items shall be allocated in accordance with Applicable Law.

(ii)    Company Items of loss and deduction for the Taxable Year attributable to the payment of a Class B Imputed Underpayments (and any associated penalties, interest and additions to tax) shall be allocated one hundred percent (100%) to the Class B Members unless otherwise required by Applicable Law, in which case such Company Items shall be allocated in accordance with Applicable Law.

(iii)    Company Items of loss and deduction for the Taxable Year attributabletothepaymentofanImputedUnderpaymentthatisnoneofaClassBImputed Underpayment, Class A Imputed Underpayment orFlip Imputed Underpayment (and any associated penalties, interest and additions to tax) shall be allocated among the Members so as to correspond to the manner Company Items of income, gain, loss or deduction are allocatedpursuanttothisArticleIVfortherelevantTaxableYearforwhichthePartnership

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Adjustmentrelatingtosuch ImputedUnderpaymentismadeunless otherwiserequiredby ApplicableLaw,inwhichcasesuchCompanyItemsshallbeallocatedinaccordancewith Applicable Law.

(l)    Theadjustedtaxbasis(orcost)ofanyITCEligiblePropertyincludedinthe Project and purchased by the Company pursuant to the Purchase Agreement shall be allocated pursuant to Regulation Section 1.46-3(f)(2)(i) in the manner in which income, gain, loss, and deductionareallocatedunderSection4.2(a),asofthedatetheapplicablepropertyhasbeenPlaced-in-Service. In the event the adjusted tax basis of any such ITC Eligible Property is adjusted pursuant to Code Section 50(c), (i) any increase in adjusted tax basis shall be specially allocated among the Members (as an item in the nature of income or gain) in the same proportions as the ITC that is disallowed or recaptured with respect to such property is shared among the Members and(ii)anyreductioninadjustedtaxbasisshallbespeciallyallocatedamongtheMembers(asan item in the nature of expenses or losses) in the same proportions as the basis (or cost) of such property is allocated pursuant to the first sentence of this Section 4.3(l).

4.4    AllocationsforIncomeTax Purposes.

(a)    Theincome, gains, losses, deductions and creditsofthe Company for U.S. federal, state and local income tax purposes for any Fiscal Year or other taxable period shall be allocatedtotheMembers inthesamemannerasCompanyItemsofincome,gain,loss,deduction andcreditwereallocated totheMembers forsuch FiscalYearorothertaxableperiodpursuantto Sections 4.2and 4.3; provided, however, that solely for U.S. federal, state and local income and franchise tax purposes and not for book or Capital Account purposes, income, gain, loss and deduction with respect to any Company asset properly carried on the Company’s Code Section 704(b) books at a value otherthan the tax basis of such Company asset shall be allocated so as to take into account (consistently with Code Section 704(c) principles) the difference between such Company asset’s Code Section 704(b) book basis and its tax basis.

(b)    In accordance with Code Section 704(c) and the Regulations thereunder, itemsoftheCompany’sincome,gain,loss,deductionandcreditasdeterminedforfederalincome tax purposes that are attributable to any non-cash property contributed to the capital of the Company, including the non-cash property contributed by the Class B Members with a “book” value,shall,solelyfortaxpurposes,beallocatedamongtheMemberssoastotakeaccountofany variation between the adjusted basis of such property to the Company for federal income tax purposes and its initial Value (or Value prior to adjustment) using any method selected by the Managing Member and permitted by Regulations Section 1.704-3(d).

(c)    In the event the Value of any Company Asset is adjusted pursuant to subparagraph(b)ofthedefinitionofValue,subsequentallocationsofCompanyItemswithrespect to such Asset shall take account of any variation between the adjusted basis of such Asset for federal income tax purposes and its Value in the same manner as under Code Section 704(c) and the Regulations thereunder.

(d)    Allocations pursuant to this Section 4.4are solely for federal, state, and local income taxes and shall not affect, or in any way be taken into account in computing, any

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Member’sCapitalAccountordistributiveshareofCompanyItemsordistributionspursuanttoany provision of this Agreement.

(e)    It is the intention of the Members that the allocations of income and gain provided in Section 4.2(a)constitute, for purposes of Regulation Section 1.46-3(f)(2)(i), the ratio in which the Members divide the general profits of the Company (that is, the taxable income of thepartnership as described in CodeSection 702(a)(8))regardless ofwhethertheCompany has a profit or a loss for a relevant taxable year. Further, it is the intention of the Members that, for purposesofRegulationSection1.47-6(a)(2)(i)(b),theallocationsprovidedinSection4.2foryears orportionsthereofbeginningafterDecember31oftheyearonwhichthefifth(5th)anniversaryof the dateon which thelast InverterBlockto achievePlaced-in-Serviceoccurs shall not constitute a reduction in the Class A Members’ interest in the general profits of the Company (that is, the taxable income of the Company as described in Code Section 702(a)(8)) below two-thirds of the Class A Members’ proportionate interest in the general profits of the Company for the year in which the applicable ITC Eligible Property was placed in service for U.S. federal income tax purposesbeforethecloseofthe“estimatedusefullife”ofsuchITCEligibleProperty(treatingthe “estimated useful life” of the ITC Eligible Property as ending not earlier than the end of the fifth (5th) anniversary of its Placed-in-Service Date for purposes of Code Section 168).

4.5    OtherAllocation Rules.

(a)    The Members areaware of the income tax consequences of the allocations madebythisArticleIVandSection12.2(a)andherebyagreetobeboundbytheprovisionsofthis Article IVand by Section 12.2(a)in reporting their distributive shares of Company Items for income tax purposes, unless otherwise required. If the respective Membership Interests or allocationratiosdescribedinthisArticleIVoftheexistingMembersintheCompanychangeorif aMembershipInterestisTransferredincompliancewiththisAgreementtoanyotherPerson,then, for the Taxable Year in which the change or Transfer occurs, all Company Items resulting from the operations of the Company shall be allocated, as between the Members for the Taxable Year inwhichthechangeoccursorbetweentheTransferringMemberandtheTransferee,bytaking into account their varying interests using the interim closing of the books method permitted byRegulations Section 1.706-1(c)(2)(ii), unless otherwise agreed in writing by all the Members.

(b)    ForpurposesofRegulationsSection1.752-3(a)(3),theMembersagreethat NonrecourseLiabilitiesoftheCompanyinexcessoftheamountofCompanyMinimumGainwill be allocated in each Taxable Year to the extent of the total amount of built-in gain (as defined in Regulations Section 1.752-3(a)(2)) among the Members in accordance with how the Members would share taxable gain if the Company, in a taxable transaction, disposed of all of its property in full satisfaction of its Nonrecourse Liabilities and for no other consideration. The allocations required by this Section 4.5(b)are intended to comply with the requirements of Regulations Section 1.752-3(a)(3) and Revenue Ruling 95-41.

(c)    Each Member agrees to provide the Company with information in connection with a transaction subject to Sections 734 and 743 of the Code and the elections permitted and provisions required thereunder, including Regulations Section 1.743-1.

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ARTICLE V

DISTRIBUTIONS

5.1    DistributionsofAvailableCashFlow.

SubjecttoSections3.5,5.4,and11.1,AvailableCashFlowshallbedistributedtothe Members as follows:

(a)    Available Cash Flow. Subject to Sections Error! Reference source notfound.through (g)and Section5.1(i), from and after the Execution Date, Available Cash Flow shall be distributed to the Members on each Distribution Date on which the Company has Available Cash Flow, in the following order and priority:

(i)    untiltheFlip Date:

(A)    first, to the Class A Members (pro rata in accordance with their Class A Units), in accordance with the amount of the Class A Members’ unpaid cumulative, accrued Preferred Distributions in an amount equal to the positive difference, if any, of (A) the cumulative Preferred Distributions accrued forallmonthlyperiodsthen-ended,minus(B)thecumulativedistributionspursuant to this Section 5.1(a)(i)(A)previously distributed to the Class A Members;

(B)    second,totheClassBMembers(proratainaccordancewith theirClassBUnits),theamountoftheBack-LeverageReturnforsuchDistribution Date;

(C)    third, 19.62% ofthe remaining Available Cash Flow, to the Class A Members pro rata in accordance with their Class A Units;

(D)    fourth,theremainingAvailableCashFlowtotheClassB Members;and

(ii)    from and after the Flip Date, 8.93% of all Available Cash Flow to the Class A Members and the remaining Available Cash Flow to the Class B Members.

(b)    TCTA Proceeds. Subject to Sections 5.1(c)and (d)and Section Error!Referencesourcenotfound.,allTCTAProceedsshallbedistributed,promptly(andinnoevent later than seven (7) Business Days) following receipt thereof, as follows: (i) With respect to any paymentsreceivedpursuanttoanyTaxCreditTransferAgreementsonorpriortotheSCFunding Date in an amount that is, in the aggregate, no greater than the Class B TCTA Proceeds Priority Amount, one hundred percent (100%) to the ClassB Members, pro rata inaccordance with their Class B Units; and (ii) with respect to any other payments, no earlier than fourteen (14) days following the SC Funding Date, (A) one hundred percent (100%) to the Class A Members, pro rata in accordancewith theirClass AUnits, untiltheClass AMembers receive,in theaggregate, theClassATCTAProceedsAmount,and(B)thereafter,onehundredpercent(100%)totheClass B Members, pro rata in accordance with their Class B Units;

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(c)    CashStepUp.IftheFlipDatehasnotoccurredonorbeforethedatethatis one year following the Target Flip Date, then, in addition to any unpaid cumulative, accrued Preferred Distributions payable pursuant to Section 5.1(a)(i)(A)and the Class A Members’ share ofAvailableCashFlowdistributedpursuanttoSection5.1(a)(i)(C),onthefirstDistributionDate to occur after the date that is one year following the Target Flip Date and each Distribution Date thereafter until the Flip Date, 50% of all distributions to which the Class B Members would otherwise be entitled hereunder (including, without limitation, Back-Leverage Return, other Available Cash Flow and TCTA Proceeds) shall be distributed to the Class A Members, pro rata in accordance with their Class A Units, and the remainder shall be distributed to the Class B Members.

(d)    TaxCreditTransferCashStepUp.If(A)alloftheITCshavenotbeensold to the purchaser(s) under the applicable Tax Credit Transfer Agreement(s) on or before the first purchase date contemplated thereunder as a result of (i) the failure of any of the conditions precedent to such sale to be satisfied or (ii) the occurrence of a Change in Tax Law that has a material adverse effect on the sale or purchase of the ITC under Section 6418 of the Code or the guidancethereunder,(B)sucheventwouldcausetheFlipDatetobeextendedbymorethantwelve (12)monthsbeyondtheTargetFlipDate(calculatedbyre-runningtheBaseCaseModelasofsuch date) and (C) such ITCs are not sold to a replacement purchaser pursuant to a replacement Tax CreditTransferAgreementonsubstantiallysimilarterms(includingbutnotlimitedtothepurchase priceamount)withinonehundred(100)daysofthepurchasedatecontemplatedundertheoriginal Tax Credit TransferAgreement for such ITCs, then 50%of all distributions to whichtheClass B Members would otherwise be entitled hereunder (including, without limitation, Back-Leverage Return, other Available Cash Flow and TCTA Proceeds) shall be paid to the Class A Members until the earliest of (x) the date on which the Class A Members receive from such incremental distributionstheamountitwouldhavereceivedhadtheoriginalpurchaser(s)madesuchpurchase price payments under the Tax Credit Transfer Agreement and (y) the Flip Date.

(e)    SellerIndemnities.NotwithstandinganythingtothecontraryinthisArticleV, any payment made by the Seller to the Company (or made by the Guarantor to the Company on behalf of the Seller) in satisfaction of a claim by the Company for indemnification under the PurchaseAgreementwillbedistributedfirst,totheClassAMembers,proratainaccordancewith theirClassAUnits,uptotheamountrequiredtopreservetheInvestmentCriteriainrespectofthe Project for which the event or circumstance giving rise to the indemnity obligation applies, and, second, to the Class B Members, pro rata in accordance with their Class B Units, the remaining amount.

(f)    Special Cash Receipts. Notwithstanding Section 5.1(a), if the Company or the Project Company receives any insurance proceeds which have not been used to rebuild the Project, warranty payments, indemnity payments, proceeds from any sale or other disposition of Company Assets or any similar amounts (in each case,during the period prior to the SC Funding Date, that are not required to be used to satisfy the obligations of the Company or the Project Companypursuanttothe ConstructionLoanAgreement)thatcorrespondto,orarecompensation for, any indefinite decrease in the Project’s long-term EBITDA expectations, then such amounts shall be distributed to the Members as follows: (i) first, to the Class A Members, pro rata in

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accordance with their respective Class A Units, in the amount necessary such that the Tracking Model shows the achievement of the Flip Date by the date on which the Flip Date was projected tooccurbaseduponthemostrecentTrackingModelthatwasdeliveredpriortotheoccurrenceof theeventgivingrisetosuchproceeds;and(ii)thereafter,inaccordancewiththedistributionratios set forth in Section 5.1(a).

(g)    TaxDistributions.

(i)    For each applicable TaxableYear(orportionthereof) after the Flip Date, in addition to any amounts distributed to the Class A Members (in accordance with theirproratashares)pursuanttoSection5.1(a)(ii),totheextentthatincomeisallocatedto the Class A Members in excess of the Available Cash Flow distributed to the Class A Members under Section 5.1(a)(ii), the Company shall distributeto each Class A Member, to the extent of Available Cash Flow (in accordance with their pro rata shares) (the “TaxDistribution”) an amount equal to (A) the Highest Marginal Rate multiplied by (B) the income allocated to the Class A Members for such Taxable Year (or portion thereof) in excessoftheAvailableCashFlowdistributedtotheClassAMemberspursuanttoSection5.1(a)(ii)forsuchTaxableYear(orportionthereof),(aftertakingintoaccountandreducing for any amount of Tax loss that was previously suspended under Section 704(d) of the Codeandisnowavailabletooffsetanysuchadditionalnettaxableincome),withoutregard to any transfer of a Membership Interest (except that for the Taxable Year during which theFlipDateoccurs,onlyincomefortheperiodaftersuchdatewillbetakenintoaccount), determined in accordance with the calculation rules and conventions set forth in Section10.3.

(ii)    Additionally, and notwithstanding anything to the contrary in this Article V, in connection with any such Tax Distribution, if the Managing Member reasonably determines that there is insufficient Available Cash Flow on any Tax Distribution Date to make the Tax Distribution in full, the Company shall make a distributionofsuchportionoftheTaxDistributionasithassufficientAvailableCashFlow tomake,andtheCompanyshallnotmakeanyfurtherTaxDistributionforsuchperiod;or ifthereisnoAvailableCashFlowonanyTaxDistributionDatetomakeaTaxDistribution, noTaxDistributionforsuchperiodshallbemadebytheCompany;andanysuchshortfall shall,totheextentthereisAvailableCashFlow,bedistributedonthenextfollowing Distribution Date(s) until such shortfall is eliminated.

(h)    Project Company Distributions. The Managing Member shall cause the Project Company, to the maximum extent permitted by law to make timely distributions of the ProjectCompany’scashtotheCompanytoenabletheCompanytomakedistributionsofAvailable Cash Flow to Members as contemplated in this Article V; providedthat this Section 5.1(h)does not require the distribution by the Project Company of amounts of payments excluded from the definition of Available Cash Flow or Permitted Reserves.

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(i)    ImputedUnderpayments.Notwithstandinganythingcontainedhereintothe contrary:

(i)    IntheeventthattheCompanypaysanyImputedUnderpayment,and theClassAMembershavenotmadetheCapitalContributionsrequiredtobemadebythe Class A Members pursuant to Sections 3.4(d)(ii)and 3.4(d)(iii)with respect to any Flip ImputedUnderpayments(andanyassociatedpenalties,interestandadditionstotax)and/or Class A Imputed Underpayments (and any associated penalties, interest and additions to tax), the distributions of Available Cash Flow that would otherwise be made to the Class A Members shall be reduced, and the distributions that would otherwise be made to the Class B Members shall be increased, until the Class B Members shall have received cumulative additional distributions of Available Cash Flow equal to the incremental distributionsofAvailableCashFlowtheClassBMemberswouldhavereceivedifneither anyFlipImputedUnderpayments(oranyassociatedpenalties,interestandadditionstotax) nor any Class A Imputed Underpayments (or any associated penalties, interest and additionstotax)hadbeenpaidbytheCompany,alongwithinterestaccruedataperannum rateofSOFRplusthreepercent(3%)fromthedatesuchCapitalContributionsrequiredto be made by the Class A Members pursuant to Sections 3.4(d)(ii) and 3.4(d)(iii)would otherwise have been due and payable.

(ii)    IntheeventthattheCompanypaysanyImputedUnderpayment,and theClassBMembershavenotmadetheCapital Contributionsrequiredto bemadebythe ClassBMemberspursuanttoSections3.4(d)(i)and3.4(d)(iii)withrespecttoanyClassB ImputedUnderpayment(andanyassociatedpenalties,interestandadditionstotax),and/or Flip Imputed Underpayments (and any associated penalties, interest and additions to tax), the distributions of Available Cash Flow that would otherwise be made to the Class B Membersshallbereduced,andthedistributionsthatwouldotherwisebemadetotheClass A Members shall be increased, until Class A Members shall have received cumulative additional distributions of Available Cash Flow equal to the incremental distributions of Available Cash Flow the Class A Members would have received if no Class B Imputed Underpayments (or any associated penalties, interest and additions to tax) and/or Flip Imputed Underpayments (and any associated penalties, interest and additions to tax), had been paid by the Company, along with interest accrued at a per annum rate of SOFR plus threepercent(3%)fromthedatetheCapitalContributionsrequiredtobemadebytheClass B Members pursuant to Sections 3.4(d)(i)and 3.4(d)(iii)would otherwise have been due and payable.

(j)    Notwithstandingtheforegoingbutsubjecttosections5.1(c),5.1(d),5.4,3.5 and 11.1, prior to a Flip date, 100% of Available Cash Flow attributable to merchant capacity revenues shall be distributed to the Class B Members provided that all such distributions shall count toward the achievement of the Back-Leverage Return for purposes of section 5.1(i)(a)(B).

5.2    Limitation.

Except as expressly set forth in Section 5.1, the distributions described in this Article Vshall be made only from Available Cash Flow and only to the extent that there shall be sufficient

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Available Cash Flow to enable the Managing Member to make payments in accordance with the terms hereof. Notwithstanding any provision to the contrary contained in this Agreement, the CompanyshallnotmakeadistributiontoaMemberonaccountofitsMembershipInterestifsuch distribution (including a return of Capital Contributions) would violate the Act or any other Applicable Law.

5.3    Withholding.

Notwithstanding any other provision of this Agreement, the Company shall comply with anywithholdingrequirementsunderanyApplicableLawandshallremitamountswithheldto,and filerequiredformswith,applicableTaxingAuthorities.TotheextentthattheCompanyisrequired to withhold and pay over any amounts to any Taxing Authority with respect to distributions or allocations to any Member, the amount withheld shall be treated as a distribution of cash to such Member in the amount of such withholding. The Company shall notify such Member and permit such Member, if permitted by Applicable Law, to contest the applicability of the underlying Tax priortomakingsuchwithholding.Ifanamountrequiredtobewithheldwasnotwithheldfroman actual distribution, the Company may reduce subsequent distributions by the amount of such required withholding and any penalties or interest thereon. Each Member agrees to furnish to the Companysuchformsor otherdocumentationasisreasonablynecessarytoassistthe Companyin determining the extent of, and in fulfilling, its withholding obligations.

5.4    SatisfactionofCertainObligationsoftheClassBMemberstotheClassAMembers.

Without in any way limiting any rights or remedies against the Class B Members or any Affiliates thereof under any Transaction Documents, including the rights and remedies of any Class A Members under the Guaranty, the Parties agree that:

(a)    Upon receipt of a notice of an Indemnification Claim pursuant to Section11.1, a Class B Member, either directly or through its Affiliates, shall have the right to cure any applicable assertedbreachgivingrisetosuch IndemnificationClaimandnosuchcureshallbean acknowledgementoragreementthatsuchIndemnificationClaim,oranyportionthereof,issubject toindemnificationunderthisAgreement;provided,however,that,notwithstandingtheforegoing, no ongoing or pending attempts to or pursuits of cure shall have any effect or cause any delay in the rights, obligations and actions provided for in this Section 5.4.

(b)    To the extent of any Damages relating to Indemnification Claims as to whichpaymenthasnototherwisebeenmadeinaccordancewithArticleXIofthisAgreement(but subjecttoanylimitationssetforthinorresultingfromtheapplicationofsaidArticleXI),norpaid into escrow as provided in Section Error! Reference source not found.if any portion of all of such Damages are disputed, then commencing with the first Distribution Date after the date on which the Class B Members agree or a court of competent jurisdiction has made a Final Determination that such Indemnification Claim (or applicable portion thereof) is subject to indemnificationbytheClassBMembersunderthisAgreement,andineachcaseuntilthedateon which payment in full of the “Applicable Amount” (which means the least of (i) the full amount of Damages compensable hereunder in respect of such Indemnification Claim, (ii) such lesser

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amountasshallhavebeenagreedbetweentheClassBMembersandtheIndemnifiedParties,or (iii)suchamountasshallhavebeendeterminedbytheFinalDeterminationofacourtofcompetent jurisdiction)has been receivedby the Indemnified Parties, fifty percent (50%)of all distributions to which the Class B Members would otherwise be entitled hereunder (including, without limitation, Back-Leverage Return, other Available Cash Flow and TCTA Proceeds) shall first be paidovertotheIndemnifiedPartiestotheextentnecessarytopay infulltheApplicableAmount, and shall not be paid to the Class B Members, until the Indemnified Parties shall have received paymentinfulloftheApplicableAmountand any disputedportionoftheIndemnificationClaim hasbeenpaidintoescrowpursuanttoSectionError!Referencesourcenotfound..Uponreceipt bytheIndemnifiedPartiesofpaymentinfulloftheApplicableAmountandpaymentintoescrow pursuant to SectionError! Reference source not found.as to any disputed portion of the IndemnificationClaim,thedistributionsofAvailableCashFlowshallresumebeingdistributedas required by the provisions of Section 5.1, subject to the application of this Section 5.4to other Indemnification Claims for Damages.

(c)    If the Class B Members or their Affiliates dispute all or a portion of any alleged Damages under an Indemnification Claim within sixty (60) days (which such sixty (60) day period may be extended by mutual agreement of the applicable Indemnified Party and the Class B Member) following receipt of notice of the Indemnification Claim pursuant to Section11.3,thenunlesstheClassBMembersshallhavedepositedorcausedtobedepositedintoEscrow (as defined and as provided below) the amount of Damages disputed under such Indemnification Claim, fifty percent (50%) of all distributions (including, without limitation, Back-Leverage Return, other Available Cash Flow and TCTA Proceeds) to which the Class B Members would otherwise be entitled hereunder, in each case up to the amount of Damages disputed under such Indemnification Claim, shall be paid into an escrow (the “Escrow”).The Escrow shall be maintainedatacommercialbankthatisamemberoftheFederalReserveSystemorganizedunder thelawsoftheUnitedStatesoranystatethereofandhasacombinedcapitalandsurplusofatleast $1,000,000,000 (the “Escrow Agent”), pursuant to an escrow agreement in such Escrow Agent’s customary form and providing as follows:

(i)    fundspaidintosuchEscrowshallbeinvestedinPermitted Investments;

(ii)    theEscrowAgent’sfeesandchargesrelatedtotheEscrow shallbepaidbytheClassBMembers,unlesstheamountfinallydeterminedtobepayable totheClassAMembersinrespectofthedisputedportionoftherelevantclaim(s)pursuant to Section 5.4(c)above is zero, in which case the Class A Members shall pay all of the Escrow Agent’s fees and charges;

(iii)    nofundswillbepaidoutoftheEscrowunless(A)theClass B Members agree in writing or a court of competent jurisdiction has made a Final Determination that such disputed amount or any portion of such disputed amount in the Escrow is to be paid to the Class A Members or (B) the Class B Members and Class A MembersdeliverajointwritteninstructiontotheEscrowAgentdirectingittoreleasefunds from the Escrow; and

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(d)    SubjecttoandwithoutlimitingSection10.2(c),amountspaidordistributed to Indemnified Parties pursuant to this Section 5.4shall be deemed distributed to the Class B Members and immediately paid by the Class B Members to the Indemnified Parties.

(e)    The provisions of this Section 5.4shall apply notwithstanding any replacementofSponsorMember(oranysuccessorthereto)astheManagingMemberpursuantto Section 6.3, for liability as the Managing Member arising prior to such replacement.

ARTICLE VI

MANAGEMENT

6.1    Managing Member.

(a)    The Sponsor Member is hereby appointed by the Members as the initial ManagingMemberoftheCompanywithinthemeaningofSection18-101(10)oftheAct.Except as provided in Section 6.2or as otherwise expressly provided in this Agreement, the Managing Member shall have full power and authority to conduct, direct and exercise control over all activities of the Company and the Project Company, and to manage and administer the business and affairs of the Company and the Project Company and to do or cause to be done any and all acts necessary or appropriate to conduct the business of the Company and the Project Company. Without limiting the foregoing, the Managing Member, in accordance with Applicable Law and the Prudent Operator Standard, shall:

(i)    perform and pursue, or cause each of the Company and the Project Company to perform and pursue, each of the Company’s and the Project Company’s respective obligations and rights under the Transaction Documents and the Major Project Contracts;

(ii)    (A) not cause the Company or the Project Company to take some action,or(B)causetheCompanyortheProjectCompanytoomittotakesomeactionwhen thereis an affirmativeobligation to takesome action (other than,in each case, in the case of emergency or force majeure and except as otherwise permitted with the Majority ConsentoftheMembersorConsentofAllMemberspursuanttoSection6.2),ineachcase, that would result in a breach of material obligations or an event of default, or that would permit or result in the acceleration of any termination right, under any Transaction Document or Major Project Contract; and

(iii)    deliver or cause to be Made Available to each Member, promptly upon receipt thereof, copies of all material records, reports, documents and data provided pursuant to the Major Project Contracts.

(b)    The Managing Member shall have the sole right, power and authority to manage, control and transact any business forthe Companyand theProject Company,to sign for or on behalf of the Company and the Project Company and to bind each of the Company and the Project Company in any manner whatsoever. Except as otherwise provided herein, neither the Managing Member nor any other Member shall hold out or represent to any Third Party that any

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Member (other than the Managing Member) has any such power or right or that any Member is anythingotherthanamemberintheCompany.AMembershallnotbedeemedtobeparticipating in the control of the business of the Company by virtue of its possessing or exercising any rights set forth in this Agreement, the Act, or any otherContract relating to the Company or the Project Company.

(c)    The Company is hereby authorized on the date hereof to execute, deliver and perform, and the Managing Member or any Officer on behalf of the Company is hereby authorized to execute and deliver, the Transaction Documents, the Major Project Contracts, and all documents, agreements, certificates or financing statements contemplated thereby or related thereto,allwithoutanyfurtheract,voteorapprovalofanyotherPersonnotwithstandinganyother provision of this Agreement; provided, that any amendment, modification, waiver or termination of such documents shall be subject to Section 6.2.

(d)    The Managing Member shall ensure that the Company and the Project Companyimplementandmaintainpoliciesandproceduresdesignedtopromoteandachievetheir compliancewithapplicableEconomicSanctionsLawsandRegulations,applicableTradeControls Laws and Regulations, applicable Anti-Bribery and Anti-Corruption Laws and Regulations, and applicableAnti-TerrorismandMoneyLaunderingLawsandRegulations.TheManagingMember shall promptly notify the Class A Members in the event that the Company, the Project Company or any of their Subsidiaries or any of their respective directors, officers, employees or agents, acting in their capacity as such, becomes the subject of any investigation, claim, action, proceeding, litigation or other compliance issue with regard to any violation of applicable Economic Sanctions Laws and Regulations, applicable Trade Controls Laws and Regulations, applicableAnti-Bribery andAnti-CorruptionLawsandRegulationsorapplicableAnti-Terrorism and Money Laundering Laws and Regulations.

(e)    The Managing Member shall not use, directly or indirectly, any proceeds fromanyCapitalContributionsorotherwisemakesuchproceedsavailable(i)tofundorfacilitate any dealings with, involving or for the benefit of any Sanctioned Person, (ii) in any manner that wouldconstituteorgiverisetoaviolationofanyEconomicSanctionsLawsandRegulations that areapplicabletotheProject,theProjectCompany,andtheCompanybyanyPerson,includingthe Class A Members or (iii) in any manner that would constitute a violation of applicable Trade Controls Laws and Regulations, applicable Anti-Bribery and Anti-Corruption Laws and Regulations, or applicable Anti-Terrorism and Money Laundering Laws and Regulations.

6.2    StandardofCare;RequiredConsents.

(a)    The Managing Member shall perform its duties and obligations hereunder in compliance with Applicable Law, in good faith and in the best interest of the Company and in compliancewithPrudentIndustryPractices;and,withrespecttooperationandmanagementofthe Project,inaccordancewiththePrudentOperatorStandard;provided,however,thattheManaging Member shall perform its duties and obligations in compliance in all respects with respect to EconomicSanctionsLawsandRegulationsthatareapplicabletotheProject,theProjectCompany, and the Company, applicable Trade Controls Laws and Regulations, applicable Anti-Bribery and

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Anti-Corruption Laws and Regulations, and applicable Anti-Terrorism and Money Laundering Laws and Regulations.

(b)    Notwithstanding any other provision of this Agreement to the contrary, except to the extent any such action is reasonably necessary, as determined by the Managing Member, in response to an unexpected event or circumstance occurring at the Project that (1) is not contemplated in the Approved Budget then in effect, (2) unless remedied or addressed immediately, poses actual or imminent risk of (a) personal injury, (b) material property damage to, or impairment of value of, the Project or (c) an imminent violation of Applicable Law not precipitated by any breach oftheManaging Member’s obligations hereunder,and (3) requires, in thegoodfaithandreasonabledeterminationoftheManagingMember,immediatepreventativeor remedialaction(unlessdirectedtodosobytheMemberspursuanttotheTransactionDocuments), the Managing Member may not make a decision to take or cause the Company to take any of the following actions (each a “Fundamental Decision”) without having first obtained the written Consent of All Members:

(i)    causetheCompanyortheProjectCompanyto(A)enterintoajoint venture with, or merge into or consolidate with, any Person or acquire all or substantially all of the assets or stock of any class of any Person (except for the acquisition of interests in the Project Company pursuant to the Purchase Agreement), (B) sell, assign, lease or otherwise transfer all or substantially all of its Assets in one or more related transactions, or change its legal form, recapitalize or liquidate (including any transaction or series of related transactions resulting in a liquidation), wind-up or dissolve (except as permitted under the Transaction Documents (including as set forth in Section 6.2(c)(xii))), or (C) amendorcanceltheDelawareCertificateortheProjectCompany’scertificateofformation or amend or terminate any organizational document of the Company or the Project Company (other than, in either case, as permitted under the Transaction Documents);

(ii)    cause the Company or the Project Company to change its purpose or engage in any business or activitythat isnot within the purpose oftheCompany or the Project Company, as set forth in Section 2.5;

(iii)    cause the Company or the Project Company to permit (A) possession of property of the Company or the Project Company by any Member, (B) the CompanytocommingleitsAssetswiththeAssetsoftheProjectCompanyortheAssetsof anyotherPerson,or(C)theProjectCompanytocommingleitsAssetswiththeCompany, any other Project Company or the Assets of any other Person;

(iv)    cause the Company or the Project Company to (A) issue, or permit the issuance of, any additional limited liability company interests in the Company, (B) issue, or permit the issuance of, any additional limited liability company interests in the Project Company, (C) distribute any Assets to the Members, except as permitted under Section 5.1 or (D) repurchase, redeem or convert any limited liability company interests in,orothersecuritiesof,theCompanyortheProjectCompany,exceptpursuanttoaBuyout Event or the Purchase Option;

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(v)    guarantee, or cause the Company or the Project Company to guarantee,inthenameoronbehalfoftheCompanyortheProjectCompany,thepayment ofmoneyortheperformanceofanyContractorotherobligationofanyPerson,exceptfor guarantees of obligations (A) properly incurred by the Managing Member, the Company or the Project Company pursuant to the terms of the Transaction Documents, (B) endorsements and other similar guarantees in the Ordinary Course of Business of the CompanyortheProjectCompany,(C)ascontemplatedbytheMajorProjectContractsor the Transaction Documents or (D) constituting Construction Indebtedness;

(vi)    to the fullest extent permitted by law, cause the Company or the Project Company to take any action that could reasonably be expected to cause such Company or the Project Company to be deemed Bankrupt;

(vii)    with respect to any Permit that is required for the construction, operation, ownership, management or maintenance of the Project, or the sale or transmission of power, capacity, ancillary services or resource adequacy benefits therefrom, cause the Company or the Project Company to amend (other than in the Ordinary Course of Business) the terms of, or fail to obtain, as of the date required under ApplicableLawandPrudentIndustryPractices,suchPermit,orasaresultofthebreachof its terms, cause the revocation of such Permit;

(viii)    (A) admit any additional Member of the Company except as permitted under the transfer provisions in ARTICLE IXof this Agreement, or (B) cause the Company to admit any additional member of the Project Company;

(ix)    (A) cause the Company to elect to be treated as other than a partnershipforU.S.federalincometaxpurposes,or(B)causetheProjectCompanytoelect to be treated as other than an entity disregarded as separate from the Company for U.S. federal income tax purposes, in each case of the preceding clauses (A) and (B), including anyelectionunderRegulationSection301.7701-3tobeclassifiedasanassociationtaxable as a corporation;

(x)    other than tax controversies (which are addressed exclusively by Section 8.7), cause the Company or the Project Company to initiate any litigation or arbitration that could reasonably be expected to have a Material Adverse Effect, or settle or consent to entry of judgment in connection with any litigation, arbitration or investigation if, as a result, the Company or the Project Company (or the Assets or RepresentativesoftheCompanyortheProjectCompany)wouldbeobligatedtopaymore than $600,000 (or such greater amount that is covered by insurance proceeds), (B) be subjecttocriminalliabilityorsanctionorbedeemedtohaveadmittedtowrongdoing,or (C)besubjecttoanequitableremedy,nonmonetaryobligationorEncumbrancethatcould reasonably be expected to have a Material Adverse Effect;

(xi)    incur, or cause the Company or the Project Company to incur or refinance,orrepaypriortomaturitythereof,anyIndebtednessinthenameoronbehalfof the Company or the Project Company or execute and issue promissory notes and other

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negotiable or non-negotiable instruments to evidence Indebtedness (including in connection with refinancing of any Indebtedness), except for (A) obligations prior to the SC Funding Date in connection with the Construction Loan Agreement and (B) any loan made by a Member to the Company pursuant to Section 3.5;

(xii)    mortgage, pledge, assign in trust or otherwise Encumber, or cause the Company or the Project Company to mortgage, pledge, assign in trust or otherwise Encumber, any Company Assets or Assets of the Project Company, or to assign, or cause the Company or the Project Company to assign, any monies owing or to be owing to the Company or the Project Company (except to secure the payment of any borrowing permitted hereunder) except for Permitted Liens; provided, that in no event shall the Managing Member mortgage, pledge, assign in trust or otherwise Encumber the Company’srighttoreceiveCapitalContributionsfromtheMembersaftertheSCFunding Date;

(xiii)    (A) except as set forth in Section 8.6, make any federal income tax election (or corresponding state or local income tax election) for the Company or the Project Company, (B) change the Company’s or the Project Company’s method of accountingoraccountingproceduresasineffectontheExecutionDate,exceptasrequired by GAAP orApplicable Law,or takeany other action with respect to accounting policies orprocedures(otherthanreasonableandusualactionsintheOrdinaryCourseofBusiness or specifically contemplated under the Transaction Documents, except as required by GAAP or Applicable Law), or (C) engage a replacement Certified Public Accountant;

(xiv)    except as otherwise permitted under the Transaction Documents, cause the Company or the Project Company to loan its respective funds to any Person;

(xv)    causetheCompanyortheProjectCompany,asapplicable, to:

(A)    cancel, suspend, terminate, amend, modify or waive its rights under (or to agree to any such cancellation, suspension, termination, amendment, modification or waiver) any Tax Credit Transfer Agreement in any respect;

(B)    cancel, suspend in any material respect, declare an event of defaultbyanyPersonpartyto,orterminate(otherthaninaccordancewithitsterms) any otherTransaction Document orany oftheMajorProject Contracts to whichit isaparty; provided,that afterthe FlipDate,none oftheforegoing actionsshallbe a Fundamental Decision if (A) such action is being taken under a Major Project Contract only in connection with the replacement of such Major Project Contract and (B) such replacement is in accordance with clause (C)of this Section6.2(b)(xv);

(C)    (1) where the terms of the applicable contract require the Company’s or the Project Company’s consent to a material action, consent to any suchactionbyanotherpartyunderanyTransactionDocumentoranyoftheMajor

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Project Contracts to which it is aparty,(2)release, orwaiveany material rights or obligations of any party to (other than waivers that are ministerial in nature), a Transaction Document, or any of the Major Project Contracts, (3) assign, amend, supplement or modify (other than in respect of de minimis amendments or modifications), a Transaction Document or any of the Major Project Contracts to which it is a party; provided, that in the case of any amendment, supplement or modification of any Major Project Contract, if (x) the only aspect(s) of such amendments, supplements or modifications are increased costs and (y) either (A) suchamendment,supplementormodificationwouldnotreasonablybeexpectedto resultinadditionalcosttotheCompanyortheProjectCompanyinexcessof $250,000inanyconsecutivetwelve(12)-monthperiodor(B)theClassBMembers havemadeCapitalContributionstotheCompanyinrespectofanyadditionalcosts in excess of the amounts set forth in the preceding clause (A)in accordance with Section 3.4, then such amendment, supplement or modification shall not be a Fundamental Decision, (4) amend, supplement or modify in any material respect the scope of services, performance standard, scope of liability or warranty provisions set forth in any Major Project Contract, or (5) approve or agree to any change orders requested under any construction, procurement, Major Equipment acquisitionorinstallationcontractthatwould(A)individuallyorwhenaggregated withallotherpriororconcurrentchangeorders,increasethecontractpricepayable under all such contracts by more than $1,000,000, (B) increase the amount of any credit support required to be provided by Company or the Project Company thereunder, (C) modify any warranty provisions, (D) materially change any provisions related to commissioning and testing, (E) change the counterparty’s “scope of work” in a way that could reasonably be expected to reduce the design life of the Project, or (F) change required timing or required conditions for the achievement of “Mechanical Completion”, “Substantial Completion” or “Final Completion” (however actually defined or denominated therein);

(D)    renew,orenterintoanyreplacementof,aMajorProject Contract;

(E)    enterintoanynewMajorProjectContract(otherthana replacement of any Major Project Contract in accordance with clause (C)of this Section 6.2(b)(xv));

(F)    (1)enterintoanynewContractbetweentheCompanyorthe ProjectCompany,ontheonehand,andanAffiliateoftheClassBMember,onthe otherhand,(2)wherethetermsofanysuchContractrequiretheCompany’sorthe Project Company’s written consent to an action, consent to any action by another party under any such Contract, (3) release, or waive any rights or obligations of, any party to any such Contract, or (4) assign, amend, supplement or modify any such Contract;

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(G)    Without limitingtheforegoing, waiveanyoftheconditions precedent in Section 2.3, 2.4 or 2.5 of the Purchase Agreement; or

(H)    makeanyadvancepaymentsofcompensationorotherconsideration to the O&M Contractor or the Management Services Provider;

(xvi)    causetheCompanyortheProjectCompanytohireanyemployees, enter into or adopt any bonus, profit sharing, thrift, compensation, option, pension, retirement, savings, welfare, deferred compensation, employment, termination, severance orotheremployeebenefit plan,agreement,trust,fund,policyorarrangementforthebenefit orwelfareofanydirectors,officersoremployeesoftheCompanyortheProjectCompany or incur any liability in connection with such a plan; or

(xvii)    cause the Company to (A) approve an appraisal or (B) hire a Qualified Appraiser pursuant to Section 9.8.

(c)    NotwithstandinganyotherprovisionofthisAgreementtothecontrary,the Managing Member may not make a decision to take or cause the Company to take any of the following actions (each a “Major Decision”) without having first obtained the written Majority Consent of the Members:

(i)    causetheCompanyortheProjectCompanyto(A)enterintoanytax abatementagreements,or(B)obtainoracceptanygrantfromanyGovernmentalAuthority for use in constructing or financing the Project or with respect to which any of the Company, the Project Company or the Project is a beneficiary;

(ii)    causethe Company or the Project Company to expend funds, other than (A) as contemplated by the Major Project Contracts, (B) below one hundred and ten percent(110%)oftheaggregateexpenseamountreflectedintheApprovedBudgetforthe Fiscal Year, (C) below one hundred and ten percent (110%) of the annual spending projected in the Base Case Model for such Fiscal Year, or (D) to the extent that the ManagingMemberhasreasonablydeterminedthat makingsuchexpenditureorcommitting tomakesuchexpenditureisnecessarytopreserveandprotecttheCompany’sassetsorthe ProjectCompany’sassetswithinten(10)BusinessDaysfollowinganaccident,mechanical orelectricalfailure,catastropheorsimilareventortoavoidtheimminentviolationoflaw or injury or death to any natural person (provided that notice of such expenditure shall be promptly delivered or caused to be Made Available by the Managing Member to each Member);

(iii)    causetheCompanyortheProjectCompanytosettleanyclaimofor against the Company or the Project Company (including dispute of a claim with a Governmental Authority that does not relate to federal income taxes), or confessing a judgmentagainsttheCompanyortheProjectCompany(A)inexcessof$600,000,ifsuch judgment is not covered by insurance, or if such judgment is covered by insurance, the amountofsuchclaimthatwouldbemorethan$600,000inexcessofsuchinsurance,or

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(B) which includes consent to or award of an injunction, specific performance or other equitable relief or any admission of any violation of law;

(iv)    cause the Company or the Project Company to engage in any speculative operating or trading activities, any speculative energy or credits sales, any forward contracts or any other similar transactions;

(v)    cause the Company or the Project Company, to (A) change, amend or substitute the insurance required to be maintained by the Company or the Project CompanyassetforthonSchedule6.8,or(B)amend,restate,reviseorotherwisematerially modifyanytitleinsurancepolicyfortheProjectoranendorsementthereto,inanycase,in amannerthatadverselyaffectstherightsorcoverageaffordedtotheCompany,theProject Company or the Class A Member;

(vi)    cause the Company or the Project Company to voluntarily and permanently remove all or a substantial portion of the Project from service (other than a removal from service required by Applicable Law or caused by a force majeure event, planned or forced outage or casualty);

(vii)    except as required by GAAP or Applicable Law, at any time prior to the Flip Date, cause the Company or the Project Company to establish any operating, capital or other reserves, other than Permitted Reserves;

(viii)    following the occurrence of a casualty loss, condemnation event or title event affecting the Project giving rise to proceeds (other than proceeds of business interruption insurance) where the potential recovery is in excess of ten percent (10%) of the fair market value of the Project, cause the Company or the Project Company to fail to utilizesuchproceedstoreplace,orrebuildandrestore,theaffectedportionsoftheProject;

(ix)    except as expressly set forth in the Transaction Documents, cause the Company or the Project Company to (A) fail to deposit (or cause to be deposited), all cash and other funds of the Company or the Project Company, including all payments received by the Company or the Project Company under any Contract, in an account maintained for the Company or the Project Company, as applicable, and (B) make any investmentswithcashandotherfundsoftheCompanyortheProjectCompanyotherthan Permitted Investments;

(x)    cause the Company or the Project Company to take any action that would reasonably be expected to cause, or fail to take any action permitted under the TransactionDocumentsifsuchfailurewouldreasonablybeexpectedtocause,anypartof the Assets of the Company, the Project Company or the Project to become subject to the alternative depreciation system within the meaning of Section 168(g) of the Code;

(xi)    cause the Company or the Project Company to take any action that couldreasonablybeexpectedtoresultinaneventofdefault,subjecttoanyapplicablecure

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rights, or that could reasonably be expected to result in the acceleration of any obligation or termination of any material right, in each case, under any Major Project Contract; or

(xii)    sell,lease,assignorotherwisetransfer,orcausetheCompanyorthe Project Companyto sell, lease, assign or otherwisetransfer, any Asset orrelated groupof Assetswithafairmarketvalueinexcessof$200,000priortotheFlipDateand/or$500,000 duringanytwelve(12)monthperiodfromandaftertheFlipDateinoneorarelatedseries of transactions, other than any disposition of Assets (A) that are worn out, damaged, obsolete, or no longer necessary or useful for the operation of the Project, or such disposition is otherwise required pursuant to the Transaction Documents, (B) pursuant to the Transaction Documents or any purchase right of a Third Party under a Major Project Contract, (C)constitutingsalesofenergy,capacity,ancillaryservices, capacityattributes, renewable energy credits, “green tags” or other like environmental credits or benefits, in eachcasepursuanttoanyMajorProjectContract,anyContractenteredintoincompliance withthetermshereof,or anymerchantsalesconsistentwiththeBaseCaseModelandthe Approved Budget, (D) constituting ITCs sold pursuant to any Tax Credit Transfer Agreement, and (E) constituting grants of real property interests (or rights to use real property)fromtheProjectCompanyinfavorofanyutilityoremergencyserviceproviders that are necessary or appropriate to comply with Applicable Law or the Interconnection Agreement or to comply with or obtain any necessary Permit, in each case provided such grants do not materially adversely affect the Project.

(d)    PriortothedissolutionoftheCompanyunderthetermsofthisAgreement, the Managing Member shall devote such time as may be necessary to perform its obligations hereunder.

(e)    With respect to any actions described in this Agreement which require the ConsentofAllMembersortheMajorityConsentoftheMembers(includingthoseactionssetforth in Section 6.2(b)above), unless a specific period is provided for therein, the Managing Member shall use commercially reasonable efforts to request any such consent or approval from each Membernolaterthanten(10)BusinessDayspriortotheproposeddateforthetakingofanysuch action,andsuchrequestshallinclude,totheextentapplicable,copiesofallmaterialdocumentation relatingtotheproposedaction;provided,thatafailuretoprovidesuchrequestinsuchperiodshall not be a breach of the terms hereof or be the basis of any liability hereunder. Within ten (10) BusinessDaysfollowingitsreceiptofsuchrequestforconsent,eachMembershallrespondtothe ManagingMemberinwritingastowhethersuchMemberconsentsandapprovesorobjectstothe proposed action. The Managing Member shall not take, or be required to take, any action that requirestheConsentofAllMembersortheMajorityConsentoftheMembersuntilithasreceived the affirmative written consent of Members constituting the required consent.

(f)    In the event of a default (determined in accordance with the terms of such agreement, which remains uncured after any grace period provided in the applicable agreement) underanyTransactionDocumentorunderanyotherContractbetweentheCompanyortheProject Company, on the one hand, and an Affiliate of the Company or of the Class B Members, on the other hand, the Managing Member shall provide notice to the Class A Members promptly upon

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learning of a default by the Affiliate of the Company or of the Class B Member that is the counterparty to such Transaction Document or other Contract, and thereupon, the Class A MembersshallhavetherighttodirecttheManagingMembertocausetheCompanytoenforceits rights under any such Contract, and the Managing Member shall timely enforce such rights.

6.3    ResignationandRemovalofManagingMember.

(a)    TheManagingMemberwillbesubjecttoremovalasManagingMemberby those Members who are not Affiliates of the Managing Member, upon written notice (i) if the Managing Member has engaged in gross negligence, willful misconduct or fraud, (ii) if the Managing Member or the Guarantor becomes Bankrupt, (iii) upon removal of the Managing Member as Partnership Representative, or, if the Partnership Representative is an Affiliate of the Managing Member, removal of the Partnership Representative, in each case pursuant to Section8.7, (iv) a breach by the Managing Member (in its capacity as Managing Member, a Class B Member or Partnership Representative) of its other material obligations under this Agreement (including but not limited to the Managing Member’s obligations to (A) comply with any ApplicableLawand(B)usecommerciallyreasonableeffortstoenforcetherightsandremediesof the Company and the Project Company in respect of each of the Major Project Contracts), (v) if the Managing Member becomes a Sanctioned Person or (vi) if the Managing Member directly or indirectly uses any proceeds from any Capital Contributions or otherwise makes such proceeds available(A)tofundorfacilitateanydealingswith,involvingorforthebenefitofanySanctioned Person, (B) in any manner that would constitute or give rise to a violation of any Economic Sanctions Laws and Regulations by any Person that are applicable to the Project, the Project Company, and the Company, including the Class A Members or (C) in any manner that would constituteaviolationofapplicableTradeControlsLawsandRegulations,applicableAnti-Bribery andAnti-CorruptionLawsandRegulations,orapplicableAnti-TerrorismandMoneyLaundering Laws and Regulations; provided, however,that in the case of clause (iv), for any breach or violation,theManagingMembershallhavetheopportunitytocuresuchbreachorviolationwithin thirty(30)daysofreceivingnoticeofsuchbreach;provided,further,thatifsuchbreach,otherthan afailuretomakeacashdistributionwhendueunderthisAgreement,cannotbecuredwithinsuch period, and the Managing Member is proceeding with diligence to cure such breach, the 30-day cureperiodshallbeextendedbyanadditionalthirty(30)days,foratotalcureperiodofsixty(60) days; provided, further, that during such cure period the Managing Member may continue as the Managing Member (for the avoidance of doubt, in the case of preceding clauses (v)and (vi), breaches or violations thereunder shall not be considered capable of being cured for purposes of this Section 6.3(a)).

(b)    If the Managing Member is removed or resigns, the Members who are not Affiliates of the removed or resigning Member shall elect a successor Managing Member to succeedtoalltherights,andtoperformalloftheobligations,setforthfortheManagingMember hereunder, subject to the Company and/or the replacement Managing Member obtaining any necessary prior approvals from any Governmental Authority. Notwithstanding the foregoing, if the Managing Member is removed pursuant to Section 6.3(a)and the Managing Member’s Affiliate has Transferred one hundred percent (100%) of its Units to a Qualified Transferee who

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isnotanAffiliateoftheremovedManagingMember,uponadmissionofsuchQualifiedTransferee as a Member, such Qualified Transferee will become the replacement Managing Member.

6.4    IndemnificationandExculpation.

(a)    To the fullest extent permitted by Applicable Law, the Managing Member and its respective Affiliates, Representatives, officers, directors, employees and agents shall be exculpatedfrom,andtheCompanyshallindemnify,suchPersonsfromandagainst,allClaimsany ofthemincurbyreasonofanyactoromissionperformedoromittedbysuchPersoningoodfaith on behalf of the Company in performing the Managing Member’s duties hereunder or relating to the Company’s activities and business, in each case, subject to and in accordance with the terms of this Agreement; provided, however,that this indemnity does not apply to Claims that are attributable to the gross negligence, willful misconduct or fraud of such Person.

(b)    To the fullest extent permitted by Applicable Law, reasonable and documented expenses to be incurred by an indemnified Person under this Section 6.4shall, from timetotime,beadvancedbyoronbehalfoftheCompanyfromAvailableCashFlow,priortothe finaldispositionofanymatteruponreceiptbytheCompanyofanundertakingfromaPersonwith sufficientcreditcapacitytorepaysuchamountifitshallbedeterminedthattheindemnifiedPerson is not entitled to be indemnified under this Agreement.

(c)    The Company may purchase from the funds of the Company and maintain insurance on behalf of any Person who is or was an officer, employee, or agent of the Company, against any liability asserted against the Person and incurred by the Person in any capacity, or arising out of the Person’s status as such, whether or not the Company would have the power to indemnify the Person against the liability under the provisions of this Section 6.4.

(d)    TheManagingMembermayrelyuponanyresolution,certificate,statement, instrument, opinion, report, notice, request, consent, order, bond, debenture or other paper or document reasonably believed by it to be genuine and to have been signed or presented by the proper party. The Managing Member may consult with and employ consultants, accountants, attorneys,technicalconsultants,andoutsideadvisorsreasonablyselectedbyitandmay,subjectto compliance with the Prudent Operator Standard, rely on any advice of any such Person.

6.5    ManagingMemberCostsand Expenses.

The Company shall pay and reimburse the Managing Member for all reasonable and documented third-party costs and expenses incurred in the Ordinary Course of Business by the ManagingMemberonbehalfoftheCompanyinperformingthedutieshereunderorrelatingtothe Company’s activities and business in accordance with the Approved Budget.

6.6    Officers.

(a)    TheofficersoftheCompanyshallbesuchofficersasmaybeappointedby the Managing Member (each an “Officer” and collectively “Officers”). Any two or more offices may be held by the same person.

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(b)    To the fullest extent permitted by Applicable Law, the Officers of the Company shall be appointed by the Managing Member. Vacancies may be filled or new offices createdandfilledbytheManagingMember.EachOfficershallholdofficeuntilhissuccessorshall havebeenorappointedoruntilhisdeathoruntilheshallresignorshallhavebeenremovedinthe manner hereinafter provided. Appointment of an Officer shall not of itself create contract rights.

(c)    A vacancy in any office because of death, resignation, removal, disqualification or otherwise, may be filled by the Managing Member.

(d)    Any Officer appointed by the Managing Member may be removed by the Managing Member whenever in its judgment the best interests of the Company would be served thereby,butsuchremovalshallbewithoutprejudicetothecontractrights,ifany,ofthepersonso removed.

(e)    To the fullest extent permitted by Applicable Law, each Officer shall be subject to the same standard of care applicable to the Managing Member as set forth in Section6.2(a)in carrying out any of their relevant duties whatsoever and shall be required to obtain the necessary prior consents for actions specified in Section 6.2(b).

(f)    To the fullest extent permitted under the Act, as currently or hereafter in effect, no Officer shall have any personal liability whatsoever, whether to any Member or to the Company or the Company’s creditors for the debts, obligations, expenses or liabilities of the Company, whether arising in contract, tort or otherwise, which shall be solely the debts, obligations or liabilities of the Company. Furthermore, no Officer shall have any liability to any Member because any Taxing Authorities disallow or adjust income, deduction or credits in the Company tax returns, nor shall any Officer have any liability for the repayment of the Capital Contributions of any Member. In addition, the doing of any act or the omission to do any act by an Officer, the effect of which may cause or result in loss or damage to the Company, if done in good faith on behalf of the Company in performing its duties hereunder or relating to the Company’sactivitiesandbusinessandotherwiseinaccordancewiththetermsofthisAgreement, shall not subject the Officer or its successors and assigns to any liability to the fullest extent allowedbytheAct.TothefullestextentallowedbyApplicableLaw,theCompanywillindemnify from Available Cash Flow and hold harmless the Officers and their successors, delegees and assignsfromandagainstallClaimsanyofthemincurbyreasonofanyactoromissionperformed oromittedbysuchPersononbehalfoftheCompanyinperformingsuchOfficer’sduties;provided, however,thatthisindemnitydoesnotapplytoClaimsthatareattributabletothegrossnegligence, willful misconduct or fraud of such Person. The foregoing indemnification is limited to the AvailableCashFlowoftheCompany,andnothingcontainedhereinisintendedtocreatepersonal liability for any Member.

6.7    ApprovedBudgets.

The Managing Member shall prepare or cause to be prepared for each Fiscal Year of the Company (beginning with the Fiscal Year ending December 31, 2025) an operating budget on a consolidated basis setting forth the anticipated revenues and expenses of the Company for such FiscalYear.TheinitialoperatingbudgetfortheFiscalYearendingDecember31,2025,isattached

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as Exhibit Ehereto. For each succeeding Fiscal Year, the Managing Member shall, no later than November 15 of the prior year, submit the proposed operating budget for such succeeding Fiscal Year to the Members for their review. If the aggregate expense amount reflected in the proposed operatingbudgetisnotmorethantenpercent(10%)abovetheaggregateexpenseamountreflected in the Approved Budget for the previous Fiscal Year and not more than ten percent (10%) above the annual spending projected in the Base Case Model for such Fiscal Year, then such proposed operating budget shall be deemed approved by all of the Members. If the aggregate expense amount reflected in the proposed operating budget is (i) more than ten percent (10%) above the aggregate expense amount reflected in the Approved Budget for the previous Fiscal Year or (ii) morethantenpercent(10%)abovetheannualspendingprojectedintheBaseCaseModelforsuch FiscalYear,thentheMajorityConsentoftheMembersshallberequired.IftheMajorityConsent of the Members is required, then the Class A Members shall review the proposed budget and respond promptly, and theconsent ofsuch Class AMembers shall not be unreasonably withheld. TheMajorityConsentoftheMembersmustbereceivedbyNovember30forsuchoperatingbudget to be approved (each budget as attached hereto or as approved or deemed approved pursuant to thisSection6.7,an “ApprovedBudget”).IftheMajorityConsentoftheMembersis requiredand notobtainedasprovidedabove,thentheManagingMembershallprepareorcausetobeprepared arevisedoperatingbudget,whichshallbesubmittedtotheMembersfortheirapprovaland,upon final approval of such operating budget by the Majority Consent of the Members, such budget shall become an Approved Budget hereunder. In the event that the Majority Consent of the Members is required and such consent cannot be obtained pursuant to the provisions above with respecttoaproposedoperatingbudget,suchoperatingbudgetmaybesubmittedbytheManaging Member to an independent engineer, acceptable to the Class A Members (acting reasonably), to review and provide a recommendation to the Members to accept or reject such operating budget (or portions thereof), taking into consideration the long-term operational value of the proposed changes to the Project relative to the costs reflected in such proposed operating budget. To the extent that amounts relating to any items of a proposed budget are not approved, 110% of the correspondingamountsfortheitemsinthepreviousFiscalYear’sApprovedBudgetwillcontinue as part of the Approved Budget for such year, until a more current amount for such item is approved in accordance with this Section 6.7. The Managing Member may from time to time duringtheFiscalYearproposetoamendtheApprovedBudgettodecreaseexpectedexpenditures, or, subject to Section 6.2(c)(ii), to increase expected expenditures and as so amended, any such amended budget shall be the Approved Budget hereunder.

6.8    Insurance.

(a)    The Managing Member shall cause the Company to acquire and maintain (including making changes to coverage and carriers) the casualty, general liability (including product liability), property damage and/or other types of insurance set forth in Schedule 6.8; providedthat if any such insurance is not available on commercially reasonable terms, only such insurance shall then be required to be carried pursuant to this Section 6.8as is then available on commercially reasonable terms; provided, however,that if such insurance subsequently becomes available on commercially reasonable terms the Managing Member shall cause the Company to acquire and maintain the insurance set forth in Schedule 6.8. All notices to the Class A Members

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delivered pursuant to this Section 6.8shall be delivered or caused to be Made Available to the Person at the address set forth below the signature of the Class A Members attached hereto.

(b)    The Managing Member shall cause the Company to deliver or cause to be MadeAvailabletotheMembersaprobablemaximumlossanalysisasandwhenrequiredpursuant to Schedule 6.8.

(c)    Each Member shall comply with its obligations under the ITC Insurance Policy and the Managing Member shall cause the Company to comply with its obligations under the ITC Insurance Policy, except to the extent that failure to so comply would not materially prejudice the insurer under the ITC Insurance Policy (and, if curable, such failure is not cured reasonablypromptlyaftertheMembersorCompanyreceivesnoticethereof);provided,however, thatnotwithstandingtheforegoingcovenantnothinginthisAgreementshall(i)require anyParty to take any action (including granting consent as to any matter with respect to which such Party hasaconsentorapprovalrightunderthisAgreement)thatwouldnototherwiseberequiredunder this Agreement or (ii) prohibit any Party from taking any action that such Party is otherwise expresslypermittedtotakeunderthisAgreement.TheManagingMembershallnotuse,andshall not permit the Company to use, the Company’s cash or Assets to pursue any rights or remedies under the ITC Insurance Policy.

(d)    In the event that the Class B Member (or any of its Affiliates) elects to develop or acquire any direct or indirect and controlling interest in a solar energy generation facility of over 50 MW within 100 miles of the Project (a “Sponsor Project”), the Managing Member shall cause the Company to deliver or cause to be Made Available to the Members a combined probable maximum loss analysis.

6.9    PostClosing Covenants.

(a)    The Managing Member shall deliver to the Company and the Class A Memberwithinonehundredandeighty(180)daysfollowingtheSCFundingDate,acopyofany an additional date-down Endorsement to the Title Policy removing the general/promulgated mechanic’s lien exception from the Title Policy.

(b)    The Managing Member shall deliver to the Company and the Class A Memberwithinninety(90)daysfollowingtheSCFundingDateacopyofafinalpost-construction as-built ALTA Survey for the Project Site showing the actual location of the improvements as constructed on the Project Site, in form and substance reasonably satisfactory to the Class A Member.

ARTICLEVII

RIGHTSANDRESPONSIBILITIESOFMEMBERS

7.1    General.

The rights and responsibilities of the Members shall be as provided in the Delaware Certificate, this Agreement and the Act.

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7.2    MemberVotingRights.

Unless otherwise provided in this Agreement, the Consent of All Members is required to constitutetheapprovalby,ortheauthorizationof,anyactionbyoronbehalfoftheCompanythat isexpresslyrequiredbythetermsofthisAgreementasrequiringavote,consent,approvaloraction of or an election by the Members; provided, that, without the prior written approval of each Member adversely affected thereby, no such consent shall (a) modify the limited liability of a Member; (b) other than as expressly set forth herein, require a Member to provide funds to the Company,byloan,contributionorotherwise(oramendanyoftheconditionstomakinganyloan or contribution); or (c) alter the interest of any Member in Capital Accounts, Company Items or distributions of Available Cash Flow. Other than as may be required pursuant to Section 9.7, no Class A Member (other than the initial Class A Member and its affiliates) shall be permitted to Transfer any Class A Units to a Class B Member or any Affiliate of a Class B Member without the prior written consent of all other Class A Members.

7.3    MemberLiability.

(a)    TothefullestextentpermittedundertheActandanyotherApplicableLaw ascurrentlyorhereafterineffect,(i)noMemberPartyshallhaveanyliabilitywhatsoever,whether totheCompanyortoitscreditorsforthedebts,obligations,expensesorliabilitiesoftheCompany, whether arising in contract, tort or otherwise, which shall be the debts, obligations, expenses and liabilitiessolelyoftheCompany,and(ii)theCompanyshallindemnify,defendandholdharmless eachMemberPartyfromandagainstanyClaimsfororrelatingtothedebts,obligations,expenses or liabilities of the Company, whether arising in contract, tort or otherwise. The foregoing indemnification is limited to the Assets of the Company. In no event shall any Member be liable under this Agreement to another Member for any special, incidental, consequential, punitive, or exemplarydamages(includingdamagesforlostopportunity,lostprofitsorrevenuesorlossofuse of such profits or revenues) incurred by such Member arising from a breach of this Agreement;

(b)    AMembershallbeliableonlytomakeitsCapitalContributionsasprovided hereinand,excepttotheextentexpresslyprovidedinSection12.3hereof,shallnotberequiredto restore a deficit balance in its Capital Account. No Member shall be required to make any additionalcontributionsafteritsCapitalContributionshavebeenmadeortolendanyfundstothe Company.WithoutlimitingthegeneralityofSection7.3(a),thefailureoftheCompanytoobserve anyformalitiesorrequirementsrelatingtotheexerciseofitspowersormanagementofitsbusiness oraffairsunderthisAgreementortheActshallnotalonebegroundsforimposingpersonalliability on the Members, in their capacity as members of the Company, for liabilities of the Company.

(c)    EachoftheMembersshallbeentitledtorelyingoodfaithupontherecords of the Company and upon such information, opinions, reports or statements presented to the Company by any other Person who is (i) a Member, the Management Services Provider or the O&M Contractor or (ii) any officer or employee of the Company; provided, that any of (i)-(ii) is notanAffiliateofsuchrelyingMember,orbyanyotherindividualastomattersthatsuchMember reasonably believes are within such other Person’s professional or expert competence, including information, opinions, reports or statements as to the value and amount of the Assets, liabilities,

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profitsorlossesoftheCompanyoranyotherfactspertinenttotheexistenceandamountofAssets from which distributions to the Members might properly be paid.

(d)    ExceptasotherwiseexpresslyprovidedinthisAgreement,andtothefullest extentpermittedbytheActandanyotherApplicableLaw,ascurrentlyorhereafterineffect(i)to theextentthat,atlaworinequity,theManagingMemberoraMember(initscapacityasamember of the Company) has duties (including fiduciary duties) and liabilities relating thereto to the CompanyortoanyMemberorotherPersonboundbythisAgreement,theManagingMemberand such Member, acting under this Agreement shall not be liable tothe Company or to any Member or other Person bound by this Agreement for such Managing Member or Member’s good faith reliance on the provisions of this Agreement, and (ii) neither the Managing Member nor any Membershallhaveliabilityhereunderforbreachofcontractorduties(includingfiduciaryduties) arising out the performance of its duties under this Agreement, so long as (in the case of each of theforegoingclauses(i)and(ii)),(A)inthecaseoftheManagingMember,theManagingMember has acted in accordance with Section 6.2(a)and (B) the Managing Member’s or such Member’s actions (or failure to act) did not constitute willful misconduct, criminal violation of the law, or fraud.TheprovisionsofthisAgreement,tothe extentthatthey restrictor eliminatetheduties and liabilitiesoftheManagingMemberoraMemberotherwiseexistingatlaworinequity,areagreed by the Members to replace such other duties and liabilities of the Managing Member and such Member.

7.4    Resignation.

Except as otherwise provided in this Agreement, no Member shall be entitled to: (a) voluntarily resign from the Company; (b) withdraw any part of such Member’s Capital ContributionsfromtheCompany;(c)demandthereturnofsuchMember’sCapitalContributions; or (d) receive property other than cash in return for such Member’s Capital Contribution.

7.5    MemberCompensation.

NoMembershallreceiveanyinterest,compensationordrawingwithrespecttoitsCapital Contributions or its Capital Account or for services rendered on behalf of the Company or otherwise in its capacity as a Member, except as otherwise provided in this Agreement.

7.6    OtherVentures.

Notwithstanding any other provision of this Agreement or any duty existing at law or in equity,theMembersandtheirrespectiveAffiliatesatanytimeandfromtimetotimemayengage inandpossessinterestsinotherbusinessventuresofanyandeverytypeanddescription,including other business ventures competitive with, or of the same type and description as, the Company, independently or with others, with no obligation to offer to the Company, any Member or any of theirrespectiveAffiliatestherighttoparticipatein,orsharetheresultsorprofitsof,thoseactivities (even if those activities may be made possible or more profitable by reason of the Company’s activities). Subject to the generality of the foregoing, the Members recognize and agree that they and their respective Affiliates currently engage in certain activities involving the generation, transmission, distribution, marketing and trading of electricity and other energy products

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(including futures, options, swaps, exchanges of future positions for physical deliveries and commoditytrading),aswellasothercommercialactivitiesrelatedtosuchproducts,andthatthese and other activities by Members and their Affiliates may be made possible or more profitable by reasonoftheCompany’sactivities(hereinreferredtoas“OutsideActivities”).TheMembersagree that(A)noMemberorAffiliateofaMembershallberestrictedinitsrighttoconduct,individually or jointly with others, for its own account any Outside Activities and (B) no Member or its Affiliatesshallhaveanydutyorobligation,expressorimplied,toaccountto,ortosharetheresults orprofitsofsuchOutsideActivitieswith,theCompany,anyotherMemberoranyAffiliateofany other Member, by reason of such Outside Activities.

7.7    ConfidentialInformation.

(a)    Excepttotheextentnecessaryfortheexerciseofitsrightsandremediesand the performance of its obligations under this Agreement, each of the Company and the Members (each of which, for purposes of this Section 7.7, will be considered and be referred to as a Party) will not itself use or intentionally disclose (and will not permit the use or disclosure by any of its Affiliates, any of the officers, directors or employees of it or its Affiliates (collectively, “Representatives”), or any of its, or its Affiliates, advisors, counsel and public accountants (collectively,“Advisors”)),directlyorindirectly,anyofthetermsandconditionsoftheMajor Project Contracts, this Agreement, the other Transaction Documents or other information in respect of the Transaction, including information delivered pursuant to the terms hereof (“Confidential Information”); provided, that (i) any such Party and its Affiliates, Representatives and Advisors may use and disclose Confidential Information to such Party’s Affiliates, Representatives, Advisors, leverage providers, investors and potential investors and to any other Party and its Affiliates, Representatives and Advisors provided such use or disclosure is in connection with its administration of its interest in the transactions contemplated hereby, (ii) any such Party and its Affiliates, Representatives and Advisors may use and disclose Confidential Informationthat(A)hasbeenpubliclydisclosedorispubliclyknown(otherthanbysuchPartyor any of its Affiliates, Representatives or Advisors in breach of this Section 7.7), (B) has rightfully come into the possession of such Party or any of its Affiliates, Representatives or Advisors other than from another Party hereto or a Person acting on such other Party’s behalf, or (C) has been independently developed by such Party or any of its Affiliates, Representatives or Advisors without use of information obtained under this Agreement, (iii) to the extent that such disclosure is (A) required by Applicable Law, a subpoena or any other applicable legal process or (B) by request of or pursuant to any Governmental Authority having jurisdiction over such Party, any stockexchangeonwhichsuchParty’soritsAffiliates’Securitiesaretradedoranyself-regulatory bodyhavingjurisdictionoversuchParty(including,totheextentapplicable,theFinancialIndustry Regulatory Authority, Inc.), such Party and its Representatives, Advisors and Affiliates may disclose Confidential Information as so required or requested; provided, that in such case such Party shall, unless otherwise prohibited by Applicable Law, (1) give prompt notice, if permitted by law, to the other Parties that such disclosure is or may be required and (2) cooperate in protectingtheconfidentialorproprietarynatureoftheConfidentialInformationwhichmustbe,or is hereby permitted to be, disclosed; provided, further, that no such notification shall be required in respect of any disclosure to bank, energy regulatory, insurance or financial industry regulatory authoritieshavingjurisdictionoversuchParty,(iv)disclosurestolenders,potentiallendersorother

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Persons providing financing to the Company, any Member or any Affiliate of any Party or to its Representativesand Advisors,potentialpurchasersofequityinterestsintheCompanyorof ITCs from the Company, any Member or any Affiliate of any Party, investors or potential investors in anyindirectownersofMembershipInterestsortheaffiliatesofsuchindirectowners,oranyPerson towhichsuchMembersellsorofferstosellitsinvestmentintheCompany oranyportionthereof, ispermittedif,ineachcasedescribedinthisclause(iv),suchPersonshaveagreedtoabidebythe terms of this Section 7.7or have otherwise entered into aContract with restrictions on disclosure substantially the same (and not less than one year in duration) as the terms of this Section 7.7(or in the case of Advisors, are otherwise bound by professional or legal obligations of confidentiality), (v) any such Party and its Affiliates, Representatives and Advisors may disclose ConfidentialInformation,andmakesuchfilings,asmayberequiredbyorrecommendedpursuant tothisAgreement,(vi)anysuchPartywhichisaninsurancecompanyoranAffiliatethereofmay disclose such information to the Financial Industry Regulatory Authority, Inc. and any rating agency requiring access to its portfolio, (vii) the Managing Member and its Affiliates, Representatives and Advisors may disclose Confidential Information relating to the Project to lenders, potential lenders or other Persons providing financing to any Person developing or proposing to develop additional solar projects andpotential purchasers of equity interests insuch PersonorpotentialpowerfromsuchPersonsandpotentialpurchasersofITCsfromtheCompany, or to any Person in connection with the operation of the Project, if, in each case described in this clause (vii),suchPersonshaveagreedtoabidebythetermsofthisSection7.7orhaveotherwise enteredintoaContractwithrestrictionsondisclosuresubstantiallythesame(andfornotlessthan one year in duration) as the terms of this Section 7.7(or in the case of Advisors, are otherwise bound by professional or legal obligations of confidentiality), and (viii) any such Party may disclose Confidential Information to the IRS or any state taxing authority in connection with any communication regarding the tax consequences of the Project, the Company’s ownership of the Project Company, the Project Company’s ownership and operation of the Project or such Party’s ownership of a Membership Interest in the Company.

(b)    The foregoing obligations shall not apply to the tax treatment or tax structure of the transactions contemplated hereby and each party hereto (and any employee, representative, or agent of any party) may disclose to any and all Persons, without limitation of anykind,thetaxtreatmentandtaxstructureofthetransactionscontemplatedherebyandallother materials of any kind (including opinions or other tax analysis) that are provided to any party hereto relating to such tax treatment and taxstructure(all such information that maybedisclosed being the “Tax Information”). However, any such Tax Information is required to be kept confidentialtotheextentnecessarytocomplywithanyApplicableLaw.Theprecedingsentences areintendedtocausethetransactionscontemplatedherebynottobetreatedashavingbeenoffered under conditions of confidentiality for purposes of Regulations Sections 1.6011-4(b)(3) and 301.6111-2(a)(2)(ii)andshallbeconstruedinamannerconsistentwithsuchpurpose.Forpurposes of this provision, the Tax Information includes only those facts that may be relevant to understanding the purported or claimed U.S. federal income tax treatment or tax structure of the transactions contemplated hereby and, to eliminate any doubt, therefore specifically does not includeinformationthateitherrevealsorstandingaloneorintheaggregatewithotherinformation so disclosed tends of itself to reveal or allow the recipient of the information to ascertain the identity of the Managing Member, the Company or any Member or member of the Managing

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Member (or potential member), or any other Third Parties involved in any of the transactions contemplated hereby or any other potential transactions with any of the foregoing.

(c)    The Members agree that no adequate remedy at law exists for a breach or threatened breach of any of the provisions of this Section 7.7, the continuation of which unremedied will cause the Company and the other Members to suffer irreparable harm. Accordingly, the Members agree that the Company and the other Members shall be entitled, in additiontootherremediesthatmaybeavailableto them,toseekimmediateinjunctiverelieffrom any breach of any of the provisions of this Section 7.7and to seek specific performance of their rights hereunder.

(d)    Without limiting the foregoing provisions of this Section 7.7, no Member shallissueapressreleasedisclosingthenameofanyMember(oranyAffiliateofanyMember)as itrelatestosuchotherMember’sparticipationinthetransactionscontemplatedherebywithoutthe prior written consent of such other Member.

7.8    Company Property.

All property owned by the Company, whether real or personal, tangible or intangible and wherever located, shall be deemed to be owned by the Company, and no Member, individually, shall have any ownership of such property.

7.9    Retirement,  Resignation,  Expulsion,  Incompetency,  Bankruptcy  orDissolution of a Member.

The retirement, resignation, expulsion, Bankruptcy or dissolution of a Member shall not, in and of itself, dissolve the Company. The successors in interest to the Member that is Bankrupt shall, for the purpose of settling the estate, have all of the rights of such Member, including the same rights and subject to the same limitations that such Member would have had under the provisions of this Agreement to Transfer its Membership Interest. A successor in interest to a Member shall not become a substituted Member except as provided in this Agreement.

ARTICLE VIII

ADMINISTRATIVEANDTAXMATTERS

8.1    IntentforIncomeTaxPurposes.

The Members intend that the Company be treated as a partnership for federal, state and local income tax purposes and operated in a manner consistent with such treatment.

8.2    BooksandRecords;BankAccounts.

(a)    The Company’s books of account shall be prepared and maintained in accordance with GAAP for the type of business of the Company. The Managing Member shall cause to be kept, at the principal place of business of the Company, full, proper, complete and accurateledgersandotherbooksofaccountandrecordsofallreceiptsanddisbursementsandother

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financialactivitiesofthe Companyinaccordancewithprudentbusinesspracticesandasrequired by Applicable Law, including the following documents:

(i)    acopyoftheDelawareCertificateandallcertificatesofamendment thereto, together with executed copies of any powers of attorney pursuant to which any such certificate has been executed;

(ii)    copies of the Company’s federal, state and local income tax or informationreturnsandreports,ifany,forthesix(6)mostrecentTaxableYearsor,iflater, until the statute of limitations expires on any IRS, state, or local tax audit of such returns or reports of the Company;

(iii)    digital or hard copies of the Major Project Contracts, the Purchase Agreement, the Tax Credit Transfer Agreement(s), this Agreement, any financing documents to which the Company or the Project Company is a party, all ancillary documents, agreement and instruments delivered in connection hereto and thereto and all amendments hereto or thereto;

(iv)    copiesofthe organizationaldocuments ofthe Company;

(v)    financialstatements,includingabalancesheet,statementofincome (orloss)andstatementofcashflows,oftheCompanyfor,totheextentapplicable,eachof the three (3) most recent Fiscal Years, including quarterly and monthly internal financial statements of the Company;

(vi)    theCompany’sbooksandrecordsforatleastthecurrentand,tothe extent applicable, the past ten (10) Fiscal Years;

(vii)    copies of any reports delivered to the Company or the Project Company under the Major Project Contracts or the Transaction Documents;

(viii)    copies of all plans, specifications, system operation data, and Permits related to the Project; and

(ix)    documents, reports, records, and other information reasonably sufficient to substantiate the Tax Benefits (it being understood this clause (ix)pertains to any documents, reports, records and other information that a prudent taxpayer, would reasonably be expected to retain to use in an administrative or judicial contest regarding any of the Tax Benefits). The Managing Member shall cause such documents, reports, records, and other information to be kept and maintained for six (6) Taxable Years after the date of the last return of the Company in which Tax Benefits are claimed or, if later, until the statute of limitations expires on any IRS, state, or local tax audit of such returns or reports of the Company.

(b)    FundsoftheCompanyshallbedepositedinanationallyrecognizedbanking association, and withdrawals from any such bank shall be made, as determined by the Managing

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Member. All monies in bank accounts shall be retained in cash or invested in Permitted Investments.

8.3    InformationRights.

(a)    EachMemberand,subjecttotherequirementsofSection7.7,itsrespective agents, will have the right, at its sole risk and expense and upon reasonable prior notice to the ManagingMember,toinspecttheCompany’sAssetsandtoaudit,examineandmakecopiesofall relevantdocuments,booksandrecordsoftheCompanyonceinatwelve(12)-monthperiod.Any such inspection will be conducted during normal business hours and so as not to unreasonably interfere with the business of the Company and the Managing Member.

(b)    EachMemberand,subjecttotherequirementsofSection7.7,itsrespective agents, will have the right, upon reasonable prior notice to the Managing Member, to cause the Company to cause the Project Company to exercise any access or inspection rights of the Project Company under the Major Project Contracts, in each case in accordance with the terms thereof.

(c)    Subject to the requirements of Section 7.7, the rights of each Member set forthinSections8.3(a)and(b)maybeexercisedthroughanyagentoremployeeofsuchMember designated in writing by it or by an independent public accountant, engineer, attorney or other consultant so designated.

8.4    Reports.

The Managing Member shall, at the Company’s expense, deliver, or cause to be Made Available, to each Member, the following reports, information and consolidated financial statements for the Company and its consolidated subsidiaries, at the times indicated below:

(a)    Annually,withinonehundredtwenty(120)daysaftertheendofeachFiscal Year, audited consolidated financial statements of each of the Company and Guarantor for the FiscalYearthenended(includingabalancesheet,statementofincome(orloss),statementofcash flows and statement of changes in Member’s capital schedule) all in reasonable detail and fairly presenting the consolidated financial position of the Company and Guarantor, respectively, as of the end of such Fiscal Year, prepared on a GAAP basis, and prepared by the Certified Public Accountant. For the avoidance of doubt, so long as the Certified Public Accountant prepares and submits all final versions of such financial statements, the Managing Member may use its reasonable discretion in selecting Persons other than the Certified Public Accountant to perform technical and other accounting services for the Company, and the use of such Persons shall not require the Consent of All Members;

(b)    TheTrackingModelpreparedpursuanttoSection10.1;

(c)    Annually,bynolaterthanApril30ofeachFiscalYear,adraftScheduleK-1 for such Member for the prior tax year;

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(d)    Quarterly within sixty (60) days after the end of each Fiscal Quarter other than the fourth Fiscal Quarter, unaudited quarterly consolidated financial statements of the Company(andGuarantor,totheextentsuchstatementsarenotpubliclyavailableandtheGuaranty remains outstanding) for the Fiscal Quarter then ended (including a balance sheet, statement of income(orloss),statementofcashflowsandstatementofchangesinMember’scapitalschedule) allinreasonabledetailandfairlypresentingtheconsolidatedfinancialpositionoftheCompanyas of the end of such Fiscal Quarter, prepared on a GAAP basis, subject to lack of footnotes and normal year-end adjustment;

(e)    Promptly upon becoming aware of any such event or circumstance, notice of (i) any litigation pending or threatened in writing against any Class B Member, any Class A Member, the Company, the Seller, the O&M Contractor or related to the Project, (ii) any default event of default under any Major Project Contract or a material violation of any Permit, (iii) any default or event of default under any Transaction Document, (iv) any material violations of Applicable Law related to the Company, the Project Company or the Project, (v) any communications related to the Project with any Governmental Authority outside the Ordinary CourseofBusiness,(vi)anycircumstancethatcouldcausetherecaptureofanyportionoftheITC with respect to the Project (which such notice contemplated by this clause (vi)shall also be providedinwritingtothePartnershipRepresentativeandtheCertifiedPublicAccountantsretained to prepare the Company’s United States federal income tax returns) and (vii) any claim of force majeure under any Major Project Contract;

(f)    Promptlyfollowinganyrequesttherefor,suchotherreportsandinformation in the possession of the Managing Member as reasonably requested by the Members and such otherreportsreasonablyrequestedbyandpaidforbytherequestingMembertotheextentexternal costs are incurred with respect to the preparation of such reports;

(g)    UponrequestbyaMember,currentcertificatesofinsuranceforpoliciesof fire,liabilities,workers’compensationandotherformsofinsuranceownedorheldbyoronbehalf of the Company, including any renewals thereto, and promptly following receipt, any notices of nonpayment of premium, nonrenewal or cancellation;

(h)    Promptlyfollowingreceiptthereof,copiesofanymaterialreportsdelivered to the Company or the Project Company under or pursuant to the Major Project Contracts;

(i)    Within thirty (30) days after the end of each calendar month, a report for the prior month in the form of Exhibit F-1;

(j)    On each Distribution Date, a report for the period since the prior Distribution Date in the form of Exhibit F-2; and

(k)    Promptly upon execution thereof, a copy of: (i) any amendment, modification, waiver or termination of any Major Project Contract, including any change orders; (ii) any new, or substitution or replacement of a Major Project Contract; (iii) any new Contract betweentheCompanyortheProjectCompany,ontheonehand,andanAffiliateofGuarantor,on the other hand, and any amendment or modification of any such Contract that has already been

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entered into; and (iv) any Major Project Contract that has been executed and has not been previously delivered to the Members.

8.5    PermittedInvestments.

AllcashoftheCompanymayonlybeinvestedandreinvestedinPermittedInvestments. Thefollowinginvestmentalternativesshallconstitute“PermittedInvestments”:

(a)    direct obligations of the United States of America (including obligations issued or held in book-entry form on the books of the Department of the Treasury of the United StatesofAmerica)orobligationsthetimelypaymentoftheprincipalofandinterestonwhichare fully guaranteed by the United States of America;

(b)    interest-bearingdemandortimedeposits(includingcertificatesofdeposit) whichareeither(i)insuredbytheFederalDepositInsuranceCorporation,or(ii)heldinbanksand savings and loan associations, having general obligations rated at least “A-” by S&P, “A3” by Moody’s or equivalent, or if not so rated, secured at all times, in the manner and to the extent providedbyApplicableLaw,bycollateralsecuritydescribedinclause(a)aboveorthisclause(b), of a market value of no less than the amount of moneys so invested;

(c)    obligationsofanystateoftheUnitedStatesoranyagencyorinstrumentality of any of the foregoing which are rated at least “AA” by S&P or at least “Aa” by Moody’s;

(d)    commercialpaperrated(onthedateofacquisitionthereof)atleast“A-1”or “P-1”orequivalentbyS&PorMoody’s,respectively(oranequivalentratingbyanothernationally recognized credit rating agency of similar standing if neither of such corporations is then in the business of rating commercial paper), maturing not more than ninety (90) days from the date of creationthereofbutexcludinganysuchcommercialpaperissuedbyanyMemberoranyAffiliate of the Managing Member; or

(e)    anyotherinvestmentsagreedtobyConsentofAllMembersandagreement of the Managing Member.

8.6    Tax Elections.

TheManagingMembershallmakethefollowingfederalincometaxelectionsonthe appropriate Company tax returns:

(a)    totheextentpermittedunderSection706oftheCode,toelectthecalendar year as the Company’s Taxable Year;

(b)    toelecttheaccrualmethodof accounting;

(c)    to elect to amortize any organizational and start-up expenses of the Companyratablyoveraperiodofonehundredeighty(180)monthsaspermittedbySection709(b) of the Code;

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(d)    to elect out, as permissible under Section 168(k)(7) of the Code, of any special depreciation allowance for qualified property under Section 168(k)(1) of the Code (commonly referred to as “bonus depreciation”); provided, further, that upon request of any transferee Member and to the extent permitted by Applicable Law, the Company shall not elect outof“bonusdepreciation”withrespecttoanyincreaseinbasisattributabletosuchMemberunder Section 743(b) of the Code;

(e)    to elect to transfer the ITC pursuant to Section 6418 of the Code and any guidance issued thereunder;

(f)    to make an election under Section 754 of the Code; provided, that if, notwithstandingthisinitialelection,avalidelectiontoadjustthebasisoftheCompany’sproperties under Section 754 of the Code is not in effect and a transfer of Membership Interest as described in Section 743 of the Code occurs or a distribution of the Company’s property as described in Section 734 of the Code occurs, the Company shall make an election under Section 754 of the Code; and

(g)    atthedirectionoftheClassAMember,toelecttoclaimaninterestexpense deduction exemption under Section 163(j) of the Code.

The Managing Member shall make no other tax elections for the Company or the Project Company or permit the Company or the Project Company to claim any federal tax credits other thanthe ITCs, except as otherwiseprovided herein, without thewrittenConsent ofAll Members, such consent not to be unreasonably withheld. The Managing Member may elect to extend the timeforfilinganyCompanytaxreturnasprovidedforundertheCodeandapplicablestatestatutes. Neither the Company nor any Member may make an election for the Company to be excluded from the application of the provisions of subchapter K of chapter 1 of subtitle A of the Code or anysimilarprovisionsofstateApplicableLaw.NoMember,ManagingMember,officeroragent of the Company is authorized to, or may, file IRS Form 8832 (or such alternative or successor form)toelecttohavetheCompanyortheProjectCompanyclassifiedasanassociationtaxableas acorporationforfederalincometaxpurposesunderRegulationsSection301.7701-3.The Managing Member shall, in addition, affirmatively take such reasonable action within its control asmaybenecessaryorrequiredtomaintainthestatusoftheCompanyasapartnershipforfederal, stateandlocalincometaxpurposesandtheProjectCompany asanentitydisregarded asseparate from the Company for federal, state and local income tax purposes.

8.7    PartnershipRepresentativeandCompanyTaxFilings.

(a)    The Class B Member shall be, and so long as it continues to be a Class B Member,shallcontinuetobe,the“partnershiprepresentative”oftheCompanywithinthemeaning of Section 6223 of the Code (the “Partnership Representative”); provided, however,the Class A MembersmayremovesuchClassBMemberasthePartnershipRepresentative(i)forfraud,gross negligence or willful misconduct or (ii) if it is removed as the Managing Member or deemed to havebeenremovedinaccordancewithSection6.3,astheresultoffraud,grossnegligence,willful misappropriationoffunds,willfulmisconductorbankruptcy.ThePartnershipRepresentativeshall designate an individual to act as the “designated individual” within the meaning of Regulations

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Section § 301.6223-1(b)(3)(ii). In the event of any pending tax action, investigation, claim or controversy involving the Company which proposes an adjustment to any item reported on a federal income tax return of a Member, the Partnership Representative, shall keep the other Members fully and timely informed by written notice of any audit, administrative or judicial proceedings, meetings or conferences with the IRS or other similar matters that come to its attention in its capacity as Partnership Representative. Furthermore, the Members shall have the righttoreviewandcommentonanysubmissionstotheIRS,whichcommentsshallbeconsidered bythePartnershipRepresentativeingoodfaith,andattendandjointlyparticipateinanymeetings or conferences with the IRS at their own expense.

(b)    For any issue or matter relating to the period prior to the Flip Date, (i) the PartnershipRepresentativeshallnottakeanyactioncontemplatedbySections6221through6235 of the Code unless the Partnership Representative has first given the Members timely written notice of the contemplated action and (ii) without the consent of the Members, the Partnership Representativeshallnot(a)commenceajudicialaction(includingfilingapetitionascontemplated in Section 6234 of the Code) with respect to a federal income tax matter or appeal any adverse determinationofajudicialtribunal;(b)fileanyrequestcontemplatedinSection6227oftheCode;(c)enterintoanagreementextendingtheperiodoflimitationsascontemplatedinSection6235(b) oftheCode;or(d)takeornottakeany actioninrespectofan audit,contest orothertaxmatteror proceeding,thetakingoromissionofwhich,respectively,materiallyaffectsanytaxitemreported toaMemberonaScheduleK-1 and/orreportedonanyfederalincometaxreturnofaMemberor in any manner delay the expected timing of the Class A Members’ achieving any of the return criteria set forth in the Base Case Model. Any cost or expense incurred by the Partnership Representativeinconnectionwithitsduties,including,ifrelevant,thepreparationfororpursuance of administrative or judicial proceedings, shall be paid by the Company.

(c)    TaxReturns.

(i)    Preparation of Tax Returns. The Partnership Representative shall prepare, or cause to be prepared by the Certified Public Accountant, and timely file (on behalf of the Company) all federal, state and local tax returns required to be filed by the Company.EachMembershallfurnishtothePartnershipRepresentativeallpertinent informationinitspossessionrelatingtotheCompany’soperationsthatisreasonably necessary to enable the Company’s tax returns to be timely prepared and filed.

(ii)    FurnishingReturns.ThePartnershipRepresentativeshallfurnish,or cause to be Made Available, to the Members,(A) by no later than the earlier of (x) thirty (30) days prior to filing and (y) May 31stof each Taxable Year, a draft of the Tax Return proposedtobefiledbytheCompanyand(B)bynolaterthanFebruary15thofeachTaxable Year, an annual estimate regarding Schedule K-1 with state source income.

(iii)    Costs of Preparation. The Company shall bear the costs of the preparation and filing of its returns, including thefees of theCertified PublicAccountant.

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(d)    TaxAudits.

(i)    For any Final Partnership Adjustment Notice that includes one or more Imputed Underpayments, without limiting any rights of the Class A Members set forth in this Agreement to otherwise contest or participate in the contest of a Partnership Adjustment,whichmayresult inaClassAImputedUnderpaymentand/ora FlipImputed Underpayment, the Partnership Representative may timely cause the Company to elect application of Section 6226 the Code (a “Section 6226 Election”) in respect of all such Imputed Underpayments and timely furnish to each Member of the Company for the reviewed year and to the U.S. Department of the Treasury a statement of each Member’s share of any adjustment to income, gain, loss, deduction, or credit (as determined in the noticeof finalpartnershipadjustment); provided, thatthePartnershipRepresentativemay not cause the Company to make the Section 6226 Election in respect of such an Imputed Underpayment without the prior written consent of the Class A Members; provided, further, a Class A Member shall only have such consent right if (A) the Member responsible for the associated Imputed Underpayment agrees to make a Capital Contribution in the full amount of the Imputed Underpayment (and any associated penalties,interestandadditionstotax)and(B)theBack-LeverageCollateralAgent,acting reasonably, is satisfied with such Member’s credit (taking into account any credit support offered at the time); provided, further, that any Section 6226 Election shall not otherwise limitanyrightsoftheClassAMemberssetforthinthisAgreementtocontestorparticipate in the contest of a Partnership Adjustment. Any Member directing the Partnership Representative to make a Section 6226 Election with respect to a Flip Imputed UnderpaymentpursuanttothisSection8.7(d)(i)shallpaytothenon-directingMembers,on an After-Tax Basis, such Members’ incremental interest liability in excess of the underpayment rate under Section 6621(a)(2) of the Code that results from the application ofSection6226(c)(2)(C)oftheCodetosuchFlipImputedUnderpayment,whichpayment shall be made promptly after such interest is finally determined.For the avoidance of doubt,totheextentthattheClassBMembersarerequiredtootherwiseindemnifytheClass A Members for any Class B Imputed Underpayment, such indemnity shall include any incremental interest liability in excess of theunderpaymentrateunderSection6621(a)(2) oftheCodethatresultsfromtheapplicationof Section 6226(c)(2)(C) of the Code to such Class B Imputed Underpayment.

(ii)    ForanyFinalPartnershipAdjustmentNoticewithrespect to which a Class B Imputed Underpayment may be determined, without limiting any rights of the Class A Members set forth in this Agreement to otherwise contest or participate in any contest of a Partnership Adjustment, the Partnership Representative shall cause the Company to make a Section 6226 Election and timely furnish to each Member of the CompanyforthereviewedyearandtotheU.S.DepartmentoftheTreasuryastatementof each Member’s share of any adjustment to income, gain, loss, deduction, or credit (as determined in the Final Partnership Adjustment Notice).

(iii)    Prior to a Final Partnership Adjustment Determination, the Partnership Representative may, with the written consent of the Members, allocate the

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Imputed Underpayment among a Class B Imputed Underpayment, Class A Imputed UnderpaymentorFlipImputedUnderpayment(theoccurrenceofsuchallocationoraFinal Partnership Adjustment Determination being an “Imputed Underpayment FinalDetermination”). If any Member disputes the extent to which an Imputed Underpayment Final Determination based upon a Final Partnership Adjustment Determination is characterizedasaClassBImputedUnderpayment,ClassAImputedUnderpaymentand/or Flip Imputed Underpayment, such dispute shall be settled in accordance with the dispute resolution mechanism set forth in Section 10.3(b).

(e)    [Reserved.]

(f)    Survival. The provisions of this Section 8.7will survive the termination of the Company or the termination or transfer of any Member’s interest in the Company and will remain binding on the Member for the period of time necessary to resolve with the IRS or other federaltaxagencyanyandallfederalincometaxmattersrelatingtotheCompanythataresubject to Sections 6221 through 6235 of the Code.

8.8    FinancialAccounting.

Each Member may report the transactions contemplated hereby for financial accounting purposes in such manner as the Member and its accountants may determine appropriate.

8.9    Legend.

(a)    Unlessoruntil(i)theMembershipInterestsintheCompanyareeffectively registeredundertheSecuritiesAct,or(ii)theholderof thereofdeliverstotheCompanyawritten opinion of counsel of such holder to the effect that such legend is no longer necessary under the Securities Act, the Company will cause each certificate representing the Membership Interests to be stamped or otherwise imprinted with the following legend:

THELIMITEDLIABILITYCOMPANYINTERESTREPRESENTEDBYTHIS CERTIFICATE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR REGISTERED OR QUALIFIED UNDER THE SECURITIES LAWS OF ANY STATE OR JURISDICTION. SUCH INTERESTMAYNOTBESOLDOROTHERWISETRANSFERREDUNLESS SUBSEQUENTLY SO REGISTERED OR QUALIFIED OR UNLESS SUCH REGISTRATIONORQUALIFICATIONISNOTREQUIREDIN CONNECTION WITH THE PROPOSED TRANSFER. FURTHER, SUCH INTERESTISSUBJECTTORESTRICTIONSONTRANSFERSETFORTHIN THE AGREEMENT REFERRED TO BELOW, A COPY OF SUCH AGREEMENT WILL BE FURNISHED WITHOUT CHARGE BY THE COMPANY TO THE HOLDER HEREOF UPON WRITTEN REQUEST.

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(b)    TheCompanywillalsocauseeachcertificaterepresentingtheMembership Interests to be stamped or otherwise imprinted with the following legend:

THE LIMITED LIABILITY COMPANY INTEREST AND UNITS REPRESENTED BY THIS CERTIFICATE ARE, AND SHALL BE, FOR ALL PURPOSES, “SECURITIES” UNDER AND GOVERNED BY ARTICLE 8 (INCLUDING SECTION 8-103(c) THEREOF) AND ALL OTHER PROVISIONS OF THE UNIFORM COMMERCIAL CODE IN EFFECT FROM TIME TO TIME IN THE STATE OF DELAWARE.

8.10    Representations,WarrantiesandCovenantsoftheClassBMember.

(a)    Representations and Warranties of the Class B Member. Each Class B Member represents and warrants to the Class A Members (x) on each of the Execution Date, the MC Funding Date and the SC Funding Date and (y) with respect to any other Persons hereafter admittedasaClassBMemberpursuant tothisAgreement,thedatesuch Personissoadmittedas aClassBMember,providedthatanyrepresentationandwarrantysetforthinthis Section8.10(a)that is expressly stated to be made only as of a specified date shall be made solely as of such specified date, that:

(i)    Itisanentitydulyformedororganized,validlyexistingandingood standing under the laws of its jurisdiction of organization. It is duly qualified, authorized to do business and in good standing in each other jurisdiction where the character of its properties or the nature of its activities makes such qualification necessary.

(ii)    Ithasthefullright,powerandauthorityto(i)ownorholditsinterest in the Company, (ii) carry on its business as now being conducted and as proposed to be conducted by it under this Agreement and (iii) execute and deliver this Agreement and perform its obligations under this Agreement and each other agreement or instrument contemplatedherebytowhichitisaparty.Allconsents,approvalsandfilingsthenrequired to be obtained or made by it to execute, deliver and perform this Agreement have been obtained or made and are in full force and effect.

(iii)    This Agreement is a legal valid and binding obligation of it enforceable against it in accordance with its terms, except assuch enforceability may be limited by applicable bankruptcy, insolvency or similar laws affecting creditors’ rights generally and by general equitable principles.

(iv)    The authorization, execution, delivery, and performance of this Agreement does not (i) conflict with, or result in a breach, default or violation of, (A) its organizational documents, (B) any contract or agreement to which it is a party or is otherwisesubject,or(C)anyApplicableLaw,order,judgment,decree,writ,injunctionor arbitral award to which it is subject; or (ii) require any consent, approval or authorization from,filingorregistrationwith,ornoticeto,anyGovernmentalAuthorityorotherPerson, unless such requirement has already been satisfied.

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(v)    Allconsents, approvals andfilingsrequiredtobeobtainedormade by any Class B Member to execute, deliver and perform the Transaction Documents to which it is a party have been obtained or made and are in full force and effect.

(vi)    It has such sophistication, knowledge and experience in financial and business matters that it is capable of evaluating the merits, risks and suitability of entering into the Transaction. It is acquiring its Membership Interest for its own account and not as a nominee or agent. It understands its Membership Interest has not been, and will not be, registered under the Securities Act and is being acquired in a transaction not involving a public offering pursuant to an exemption from the registration provisions of the Securities Act, the availability of which depends upon, among other things, the bona fide nature of each Member’s investment intent and the accuracy of the Members’ respective representations as expressed herein. It understands that no public market now existsfortheMembershipInterestsoranyofthesecuritiesoftheCompanyandthatneither the Company nor any Member or Affiliate thereof has made any assurances that a public market will ever exist for the Membership Interests or the Company’s securities.

(vii)    It has discussed the Transaction and the accounting and tax treatmentthatitintendstoaccordtheTransactionwithitsindependentadvisors,itissolely responsiblefordecidingtoenterintotheTransactionandhasnotreliedonanyotherparty (saveforanyrepresentationsmadeinthisAgreement),otherthanitsindependentadvisors, inrespectoftheaccountingortaxtreatmenttobeappliedtotheTransaction,ortheoverall suitability of the Transaction. It is an “accredited investor” within the meaning of Rule 501(a)(1), (2), (3) or (7) of the Securities Act, and is able to bear the economic risk of losing its entire investment in the Company.

(viii)    Either (i) no part of the aggregate Capital Contributions made by such Member and used by such Member to acquire any Units, constitutes Assets of any “employee benefit plan” within the meaning of Section 3(3) of ERISA, or other “benefit plan investor” (as defined in U.S. Department of Labor Reg. §§ 2510.3 101 et seq. or in Section 3(42) of ERISA) or Assets allocated to any insurance company separate account or general account in which any such employee benefit plan or benefit plan investor (or related trust) has any interest or (ii) the source of the funding used to pay the Capital Contributions made by such Member is an “insurance company general account” within themeaningofDepartmentofLaborProhibitedTransactionExemption9560,issuedJuly 12, 1995, and there is no employee benefit plan, treating as a single plan all plans maintained by the same employer or employee organization, with respect to which the amountofthegeneralaccountreservesandliabilitiesforallContractsheldbyoronbehalf ofsuch planexceeds ten percent (10%)ofthetotal reserves and liabilitiesofsuch general account(exclusiveofseparate accountliabilities) plussurplus,assetforthintheNational Association of Insurance Commissioners “Annual Statement” filed with such Member’s state of domicile.

(ix)    It is a “United States person” as defined in Section 7701(a)(30) of the Code and is not subject to withholding under Section 1446 of the Code.

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(x)    Neither it, nor any Person that has a direct or indirect ownership interest in it, is a Disqualified Entity or a Disqualified Person.

(xi)    It is not related to any offtaker or purchaser of energy from the Project within the meaning of Sections 267(b) and 707(b)(1) of the Code.

(xii)    No federal tax credit has been claimed by it with respect to any property that is part of the Project other than as contemplated by this Agreement.

(xiii)    It is not subject to regulation by a state public utility regulatory authoritywithrespecttoitsratesorfinancesinanystateinwhichitowns,leases,installs, maintains or operates the Project.

(xiv)    IthasprovidedtotheClassAMembersthedocumentationandother information reasonably requested by the Class A Members in connection with applicable “know your customer” rules and other applicable Anti-Terrorism and Money Laundering Laws and Regulations, including the USA PATRIOT Act.

(xv)    Neither the Company nor the Project Company is an “investment company” within the meaning of the Investment Company Act of 1940. The preceding representation regarding the Company and the Project Company is not based on the exception under Section 3(c)(1) or 3(c)(7) of the Investment Company Act of 1940.

(xvi)    As of the date on which the ITC Insurance Policy was first issued, thestatementsinthenatureofrepresentationsorwarrantieswithrespecttotheProject,the Project Company, the Class B Member, the Sponsor or its Affiliates made by any such Persontherein,orinanyrepresentationsletterdeliveredinconnectiontherewith,weretrue and correct in all material respects, and such statements continue to be true and correct in allmaterialrespectsasofeachotherdateonwhichsuchstatementsarerequiredtobetrue and correct pursuant to the ITC Insurance Policy.

(xvii)    As of each date on which representations and warranties are made or brought down under any Tax Credit Transfer Agreement, (i) the representations and warrantiesoftheCompany,theClassBMemberandanyAffiliatesoftheClassBMember made therein are true and correct and (ii) the sale of ITCs pursuant to such Tax Credit TransferAgreementshallnotresultinanyimpositionofstateorlocalTaxontheCompany.

(xviii)    It has no Subsidiaries or other Equity Interests other than those in the Company and, from and after the date on which the Company acquires the Project Company pursuant to the Purchase Agreement, the Project Company.

(xix)    None of it nor any of its Subsidiaries or any of their respective directors,officersor,toitsknowledge,employees,agentsorAffiliates:(i)isaSanctioned Personor(ii)hasengagedinthepastfive(5)yearsorintendstoengageinthefutureinany dealingswith,involvingorforthebenefitofanySanctionedPerson,inviolationof

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applicable Economic Sanctions Laws and Regulations that are applicable to the Project, the Project Company, and the Company.

(xx)    None of it nor any of its Subsidiaries or any of their respective directors,officersor,toitsknowledge,employees,agentsorAffiliatesareorhavebeen,in thepastfive(5)years,thesubjectofanyinvestigation,claim,action,proceeding,litigation or other compliance issue with regard to any violation of applicable Economic Sanctions LawsandRegulations,applicableTradeControls LawsandRegulations,applicableAnti-Bribery and Anti-Corruption Laws and Regulations or applicable Anti-Terrorism and Money Laundering Laws and Regulations.

(xxi)    ItisnotBankrupt.

(xxii)    Neither the taxstatus of it nor any of its direct or indirect owners will cause any portion of the Project to be subject to the alternative depreciation system under Section 168(g) of the Code.

(b)    CovenantsoftheClassBMember.EachClassBMembercovenantstothe Company and Class A Members that:

(i)    ItwillreporttheTransactioninaccordancewiththisAgreementand its own applicable regulatory requirements, including the accounting and tax treatment to be accorded to the Transaction.

(ii)    It will, and it will cause its Affiliates to, report in all federal, state andlocaltaxreturns,taxdocumentsandtaxfilingsthattheamountrealizedonthesaleof the Project to the Company is the purchase price paid by the Company for the Project pursuant to the Purchase Agreement.

(iii)    Promptly following any written request therefor, it will provide all informationanddocumentationreasonablyrequestedbytheClassAMembersforpurposes of compliance with applicable “know your customer” requirements under applicable “know your customer” rules and other Anti-Terrorism and Money Laundering Laws and Regulations, including the USA PATRIOT Act.

(iv)    ItshallnotpermittheCompanyortheProjectCompanytobecome an “investment company” within the meaning of the Investment Company Act of 1940. TheprecedingcovenantregardingtheCompanyandtheProjectCompanyisnotbasedon the exception under Section 3(c)(1) or 3(c)(7) of the Investment Company Act of 1940.

(v)    It will promptly notify the Class A Members in the event that it or any of its Subsidiaries or any of its or their respective directors, officers or, to its knowledge,employees,agentsorAffiliatesbecomethesubjectofanyinvestigation,claim, action, proceeding, litigation or other compliance issue with regard to any violation of applicable Economic Sanctions Laws and Regulations, applicable Trade Controls Laws

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and Regulations, applicable Anti-Bribery and Anti-Corruption Laws and Regulations or applicable Anti-Terrorism and Money Laundering Laws and Regulations.

(vi)    Neither the tax status of it nor any of its direct or indirect owners will cause any portion of the Project to be subject to the alternative depreciation system under Section 168(g) of the Code.

(vii)    Itshall causethestatements set forthinSections8.10(a)(vii),(xix), (xx)and (xxi) to be and remain true and correct at all times that such Person is a Class B Member.

(viii)    It shall cause the statements set forth in Sections 8.10(a)(ix), (x), (xi), (xii)and (xvii)to be and remain true and correct at all times during the Recapture Period but without regard to any change in law after the Execution Date.

8.11    Representations, Warranties and Covenants of the Sponsor Member Aboutthe Company, Project Company and Project.

(a)    Representations of the Sponsor Member. The Sponsor Member represents andwarrantstotheClassAMembersasoftheExecutionDate,theMCFundingDateandtheSC FundingDateassetforthinthisSection8.11(a),providedthatanyrepresentationandwarrantyset forthinthisSection8.11(a)thatisexpresslystatedtobemadeonly asofaspecified dateshallbe made solely as of such specified date, that:

(i)    Organization and Good Standing. The Company, the Project Company, the Seller and the Guarantor each is a limited liability company, duly formed, validlyexistingandingoodstandingunderthelawsofitsstateofformationororganization andhasallrequisitepowerandauthoritytoown,leaseandoperateitsbusinessascurrently conducted, and is duly qualified, registered or authorized to do business and is in good standing(oritsequivalent)underthelawsofeachjurisdictionthatitsbusiness,ascurrently beingconducted,shallrequireittobesoqualified.TheProjectCompanyisdulyqualified to do business and is in good standing (or its equivalent) under the laws of the state in which its Project is located.

(ii)    AuthorizationandExecution.TheCompany,theProjectCompany, the Seller and the Guarantor each has full power and authority to (i) carry on its business as now being conducted and as proposed to be conducted by it under this Agreement and (ii) execute and deliver, and perform its obligations under, this Agreement, the other Transaction Documents and the Major Project Contracts to which it is a party and to consummatethetransactionscontemplatedherebyandthereby.Theexecutionanddelivery bytheCompany,theProjectCompany,theSellerortheGuarantorofthisAgreement,the otherTransactionDocumentsandtheMajorProjectContractstowhichitisapartyandthe consummation by such Person of the transactions contemplated hereby and thereby have been duly and validly authorized by all necessary company action required on the part of such Person. This Agreement, the other Transaction Documents and the Major Project

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Contracts have been duly and validly executed and delivered by each such Person, as applicable.

(iii)    NoViolation.TheexecutionanddeliverybytheCompany,the ProjectCompany,theSellerortheGuarantoroftheTransactionDocumentstowhichitis a party do not, and the performance by each such Person of its respective obligations thereunder,doesnot,(i)violateanyApplicableLaw,orviolateanyjudgments,settlements, orders, decrees, injunctions and writs of any Governmental Authority having jurisdiction over such Person, (ii) conflict with or cause a breach or violation of any provision in the organizationaldocumentsofsuchPerson,asapplicable,(iii)causeabreachorconstitutea default of any material obligations under, cause the acceleration of, create in any counterpartytherighttoaccelerate,terminate,modifyinanymaterialrespectorcancelany contract,note,bond,mortgage,indenture,agreement,license,intellectualpropertylicenses orrights,instrument,decree,judgmentorotherarrangementtowhichsuchPersonisparty or under which such Person is bound or to which any of its material assets are subject (or result in the imposition of an Encumbrance upon any such assets), and, in the case of the Company,anyothercontractoragreementtowhichtheCompanyisapartyorisotherwise subject, or (iv) require any consent, approval or authorization from, filing or registration with, or notice to, any Governmental Authority or other Person, unless such requirement has already been satisfied.

(iv)    No Consent. All consents, approvals and filings required to be obtained or made by the Company, the Project Company, the Seller or the Guarantor to execute, deliver and perform the Transaction Documents to which it is a partyhave been obtained or made and are in full force and effect.

(v)    Legal Proceedings. There are no pending or threatened in writing, claims,disputes,governmentalinvestigations,suits,actions(includingnon-judicialrealor personal property foreclosure actions), arbitrations, legal, administrative or other proceedingsofanynature,domesticorforeign,criminalorcivil,atlaworinequity,byor against or otherwise affecting any of the Company, the Project Company, the Seller, the GuarantorortheProject,ineachcase,which(A)questionstheenforceabilityorvalidityof the Transaction Documents, (B) would reasonably be expected to impede the ability of such Person to consummate the transactions contemplated by the Transaction Documents orperformitsobligationshereunderandthereunder,or(C)wouldreasonably beexpected toimpede(1)theacquisitionbytheCompanyoftheProjectCompanyor(2)theownership and operation by the Project Company of the Project.

(vi)    Transaction Documents. Each of the Transaction Documents constitutesthelegal,validandbindingobligationofsuchPerson,enforceableagainstsuch Person in accordance with its terms, except as enforcement may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting creditors’ rightsgenerallyandbygeneralprinciplesofequity(regardlessofwhetherconsideredina proceeding in equity or at law). None of the Company, the Project Company, the Seller and the Guarantor nor, to the Knowledge of Class B Members, any other party to a

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Transaction Document other than the Class A Members and any Affiliate of the Class A Members,hasbreachedanyprovisionof,ordefaultedunderthetermsof,anyTransaction Document to which such Person is a party, which breach or default remains uncured and, totheKnowledgeofClassBMembers,noeventorcircumstancehasoccurredthatwould, with the giving of notice and/or the lapse of time, result in a breach or default of any material obligations of such party thereunder.

(vii)    MajorProjectContracts.

(A)    EachoftheMajorProjectContractsisinfullforceandeffect and is enforceable against the Project Company and the counterparty thereto in accordance with its terms, except as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting creditors’rightsgenerallyandbygeneralprinciplesofequity(regardlessofwhether considered in a proceeding in equity or at law). Other than any completion delays underanyMajorProjectContract(writtennoticeofwhichdelayshasbeenprovided to the Class A Members) that do not permit termination of such Major Project Contract by the counterparty thereto, neither the Project Company nor, to the Knowledge of Class B Members, any other party thereto has materially breached, ordefaultedwithrespectto,anyobligationsinsuchMajorProjectContract,which suchmaterialbreachordefaultremainsuncured,and,totheKnowledgeoftheClass B Members, no event or circumstance has occurred that would, with the giving of notice and/or the lapse of time, result in a material breach or default of any obligations of such party or an event of force majeure thereunder.

(B)    There are no services, materials or rights required for the construction, operation or maintenance of the Project in accordance with the TransactionDocumentsandMajorProjectContractsotherthanthose(A)available or to be provided under the Major Project Contracts or (B) that can reasonably be expected to be commercially available on commercially reasonable terms at or before the time when such services, materials and rights are needed.

(C)    The Project Company is not liable for any Indebtedness, other than, solely prior to the SC Funding Date, Construction Indebtedness. As of the SC Funding Date, any Construction Indebtedness has been repaid in full or converted to term debt prior to the SC Funding Date, or is being fully repaid or converted to term debt concurrently with the SC Funding Date, and in either case any Encumbrances, except for Permitted Liens, on any Assets of the Project Company or any Equity Interests in the Project Company have been or are concurrentlybeingreleasedinfull.AsoftheMCFundingDate,therearenocredit supportobligations,includinglettersofcredit,cashcollateral,guaranteesorsimilar obligations,towhichtheProjectCompanyortheProjectissubject,orwhichhave been issued for its benefit, other than credit support obligations issued pursuant to aMajorProjectContractorPermit, thetrue,correctandcompletecopiesofwhich

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credit support instruments were Made Available to the Class A Members prior to such date.

(D)    Except for the Transaction Documents and Major Project Contracts, there are no existing Contracts between (i) the Project Company on the one hand and (ii) any Affiliate of any Sponsor Party on the other hand.

(E)    On or before the Execution Date, a true, correct and complete copy of each Major Project Contract has been provided to the Investor.

(F)    The Company is not a party to any Contracts other than (1) the Transaction Documents being executed by the Company contemporaneously with the Execution Date (2) loan documents executed in connection with the Construction Loan Agreements, (3) from and after the MC Funding Date, the operating agreement of the Project Company, (4) Contracts with third party consultantsinconnectionwithcertainreportsandrelateditemscontemplatedtobe delivered under the Transaction Documents and (5) immaterialContracts that are entered into after the Execution Date in compliance with this Agreement.The Company has no debts or other liabilities (including contingent liabilities) other thanthosedescribedinclauses(1)through(4)aboveoranyloanmadebyaMember to the Company pursuant to Section 3.5.

(viii)    Compliance with Applicable Laws. Each of the Project Company and the Company is in compliance in all material respects with all Applicable Laws (excludingTaxlawsthatareaddressedseparatelyherein),and,fromthedateofformation oftheCompany,theCompany’sbusinesshasbeenconductedincomplianceinallmaterial respectswithallApplicableLaws;provided,however,that,ineachcase,compliancewith applicable Economic Sanctions Laws and Regulations, applicable Trade Controls Laws andRegulations,applicableAnti-BriberyandAnti-CorruptionLawsandRegulations,and applicable Anti-Terrorism and Money Laundering Laws and Regulations shall be in all respects.NoneoftheSponsorPartiesoranyoftheirSubsidiariesoranyoftheirrespective directors,officersor,totheSponsorMember’sKnowledge,employees,agentsorAffiliates (A) are Sanctioned Persons or (B) in connection with the Project, are or have been, in the pastfive(5)years,thesubjectofanyinvestigation,claim,action,proceeding,litigationor other compliance issue with regard to any violationof applicable Economic Sanctions LawsandRegulations,applicableTradeControls LawsandRegulations,applicableAnti-Bribery and Anti-Corruption Laws and Regulations or applicable Anti-Terrorism and Money Laundering Laws and Regulations.

(ix)    CertainRepresentationsastotheCompany.

(A)    The Company is not subject to regulation by a state public utilityregulatoryauthoritywithrespecttoitsratesorfinancesinanystateinwhich it owns, leases, installs, maintains or operates the Project.

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(B)    TheCompany was formed in 2025 and, as ofthe Execution Date, has not yet filed or been required to file any tax return.

(C)    No election has been made with the IRS to treat the Company as an association taxable as a corporation for federal income tax purposes.

(D)    TheunauditedbalancesheetoftheCompanydeliveredtothe InvestorinconnectionwiththeexecutionofthisAgreementwaspreparedingood faith and presents fairly in all material respects the financial position of the Company as of the date thereof.

(E)    Immediately prior to the execution and delivery of this Agreement, (i) Sponsor Member was the only member of the Company and there have never been any other members of the Company and (ii) the Company has no Subsidiaries and never had any Subsidiaries. As of the Execution Date, (A) there are no outstanding Equity Interests with respect to the Company other than the Class A Interests and the Class B Interests and (B) there are no outstanding obligations of the Company to repurchase, redeem, or otherwise acquire any membership or other equity interests in the Company or to make payments to any Person,suchas“phantomstock”payments,wheretheamountthereofiscalculated with reference to the fair market value or equity value of the Company. As of the Execution Date, the Company is authorized to issue and has issued only Class A InterestsandClassBInterestsandisnotauthorizedtoissueandhasnotissuedany other class of membership interest. The Class A Units are validly issued and duly authorized and the Investor holds all of the issued and outstanding Class A Units freeandclearofallEncumbrancesotherthanEncumbrancescreatedbyorthrough the Investor and Encumbrances created by restrictions on Transfers of Class A Units under this Agreement. The Class B Units are validly issued and duly authorized and the Sponsor Member holds all of the issued and outstanding Class BUnitsfreeandclearofallEncumbrancesotherthanEncumbrancescreatedbyor through the Sponsor Member and Encumbrances created by restrictions on Transfers of Class B Units under this Agreement and the Back-Leverage Loan Documents.

(x)    Information. The written information (other than projections and forward looking information) (i) furnished by any Sponsor Party or its Affiliates to the Class A Members and their consultants, advisors and attorneys in connection with the Project or the transactions contemplated by the Transaction Documents, including informationMadeAvailableintheDataRoom,and(ii)furnishedbyanySponsorPartyor itsAffiliatestotheConsultantsinconnectionwiththerespectivereportspreparedbyeach such Consultant, is, in each case, true, complete and correct in all material respects and doesnotomitanymaterialinformationnecessary tomakesuchinformationnotadversely misleading when taken as a whole (including all other information which has previously been Made Available or otherwise provided to the Class A Members by or on behalf of a

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SponsorPartyoritsAffiliates)inlightofthecircumstancesunderwhichitisprovidedand asofthedatewhenmadeorprovided;provided,that,norepresentationorwarrantyismade withregardtoprojectionsorotherforward-lookingstatementsprovidedbyoronbehalfof any Sponsor Party or any of their Affiliates (including the Base Case Model, and the assumptions set forth therein).

(xi)    Permits. All Permits required to be obtained by or on behalf of the Project Company under the Transaction Documents, the Major Project Contracts or Applicable Law, or otherwise to site, own, install, construct, test, operate and use the Project, to generate and to supply electricity and, to the extent applicable, capacity and ancillary services for sale under the Offtake Agreements and otherwise are listed in Schedule 2. As of the MC Funding Date and SC Funding Date, Part Iof Schedule 2provides all Permits required to havebeen obtained as ofthat stageofdevelopment ofthe Project, and, as of each such date, respectively, such Permits have been transferred to or are in the name of the Project Company or are held on behalf of Project Company, are in full force and effect, except as noted in Part I of Schedule 2 any express appeals periods set forth in the statutes and regulations governing issuance of such Permits have expired, and do not contain any conditions that would reasonably be expected to materially and adversely affect the ability of the Project Company to perform its obligations under any Major Project Contract. No Sponsor Party has received written notice from any Governmental Authority regarding any modification, injunction, revocation, withdrawal, suspension, cancellation or termination of or challenge to any such Permit, except where such modification, injunction, revocation, withdrawal, suspension, cancellation, termination, or challenge would not materially adversely affect the Project Company’s ability to performits obligations and obtain its benefits undertheMajorProject Contracts ortheCompany’sortheMembers’abilitytoclaimtaxcredits,depreciationdeductionsand other tax benefits to be allocated to them under this Agreement in connection with the Project.AsoftheMCFundingDateandSCFundingDate,PartIIofSchedule2setsforth thosePermitsthatarenotyetrequiredinlightofthecurrentstageoftheprojectand,asof the MC Funding Date and SC Funding Date, no Sponsor Party has reason to believe that anyPermitlistedinPartIIofSchedule2willnotbetimelyobtainedintheOrdinaryCourse ofBusinessoncommerciallyreasonableterms,priortothetimethesameisrequiredunder ApplicableLaw.EachPermitrequiredunderApplicableLawfortheCompanytoconduct its business as proposed to be conducted under the Transaction Documents (i) has been obtainedandisinfullforceandeffect,exceptasnotedinPartIofSchedule2anyexpress appealsperiodssetforth inthestatutesandregulationsgoverningissuanceofsuchPermit have expired, and a true, correct and complete copy of such Permit has been provided to theInvestoror(ii)solelyasoftheExecutionDate,hasnotyetbeenobtainedbecausesuch Permitisnot,asoftheExecutionDate,requiredunderanyApplicableLawtobeobtained untilafuturedateand,totheKnowledgeoftheSponsorMember,suchPermitisreasonably likely to be obtained by the Company on commercially reasonable terms before the date that such Permit is required. The Company has not received written notice from any Governmental Authority regarding any modification, injunction, revocation, withdrawal, suspension, cancellation or termination of or challenge to any such Permit.

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(xii)    Warranties. All warranties from the manufacturers of any Major EquipmentincorporatedintoorthatarepartoftheProjectandallwarrantiesfromtheEPC Contractor are in full force and effect in all material respects, and each such warranty is enforceable by the Project Company in accordancewith its terms (except as to warranties with respect to manufacturers’ warranties wrapped by the EPC Contractor under the EPC Contract which are enforceable against the EPC Contractor directly or, prior to the SC Funding Date, that have not yet been assigned by the EPC Contractor to the Project Company).

(xiii)    Title;EquityInterests;PersonalProperty.

(A)    The Company has good and valid title to all of its Assets,free and clear of all Encumbrances other than Permitted Liens.

(B)    AsoftheExecutionDateand,immediatelypriortothe consummationofthesaleoftheAcquiredInterests(asdefinedineachPurchase Agreement)contemplatedbythePurchaseAgreement,theSelleristheonly member of the Project Company.

(C)    As of the MC Funding Date, immediately prior to giving effecttothetransactionstooccurontheMCFundingDate,(1)theSellerhasgood title to, and is the owner of, the Equity Interests in the Project Company, free and clearofallEncumbrances,otherthanPermittedLiens,and(2)theProjectCompany has good title to, and is the owner of, the Project, free and clear of all Encumbrances, other than Permitted Liens. Upon execution of the Membership Interest Assignment Agreement (as defined in the Purchase Agreement), the legal and beneficial title to the Equity Interests of the Project Company purchased pursuant to the Purchase Agreement passes from Seller to the Company.

(D)    TheProjectCompanydoesnotown,andhasnotowned,any capital stock, security, partnership interest or other equity interest of any kind in any corporation, partnership, limited liability company, joint venture, association or other entity.

(xiv)    Intellectual Property. The Company does not own any intellectual property.TheProjectCompanyownsorhasavalidlicensetoallintellectualpropertythat isnecessarytoinstall,operateandmaintainitsProject,andtherearenopendingor,tothe KnowledgeoftheClassBMembers,threatened,claims,actions,judicialorotheradversary proceedings, or disputes concerning any item of such intellectual property. Neither the Company nor the Project Company has received any written notice of infringement or misappropriation from any Third Party with respect to any intellectual property.

(xv)    Real Property Rights. The real property described in the Real Property Documents is all the real property that is reasonably necessary for, and the real estateinterestsdescribedintheRealPropertyDocumentsareallofthereal estateinterests necessary for the construction, installation, operation and maintenance of the Project as

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currently contemplated in the site plan, and the ALTA Survey, Title Policy, and/or date down endorsement to the Title Policy to be delivered to the Class A Member pursuant to Section 3.8(j), for the full economic useful life of the Project, as reflected in the Cost/Seg Appraisal Report delivered pursuant to Section 3.8(j), and for the performance and enforcement of all of the Project Company’s rights, remedies and obligations under the Major Project Contracts, and neither the Class B Members nor the Project Company has been informed in writing by any owner or lessor of the real property associated with such Real Property Documents that the Project Company is in breach of its obligations thereunderorthatanysuchRealPropertyDocumentshavebeenchallengedorterminated. The Project Company has a good and marketable leasehold and easement interests in the Project Site under and pursuant to the Real Property Documents, free and clear of all Encumbrances other than Permitted Liens. No crossing arrangements or subordination agreements with any holder of any real property rights are necessary for the Project Companytoconstruct,operateandmaintainitsProjectforthefulleconomicusefullifeof the Project, except as has already been obtained and are in full force and effect. There is nomineralexplorationorproductionfromthesurfaceestateconstitutinganyportionofthe ProjectSite,andtherearenoagriculturalleasesaffectingthesurfaceestateconstituting anyportionoftheProjectSite.TheProjectCompanyhasnotassignedorgrantedasublease or sub-easement under any Real Property Document or any of the Project Company’s interests therein, except as may be described in the Title Policy. No portion of the Project Siteissubjecttoanyconservationreserveprogramorotheragriculturalpreserveprogram, except as may be described in the Title Policy. There is no zoning law, zoning regulation or zoning requirement with which the Project is not in compliance with respect to the location,development,construction,operationormaintenanceofanytheProject.Asofthe ExecutionDate,ProjectCompanyholdssufficient realpropertyinterestsintheapplicable Real Property that is or is intended to be part of or used in connection with the Project to enable the Project to (A) be developed in compliance with the site plan, all Applicable LawsandtheapplicableMajorProjectContracts,(B)interconnecttotheintendedpointof interconnection in accordance with the applicable Interconnection Agreement, and (C) locate, construct, operate and maintain the Project on the Project Site for its intended purposes.The Project Site is not subject to any conservation resource program or other agricultural preserve program; provided that the Permits require resource specific avoidance, preservation, management and mitigation.

(xvi)    EnvironmentalMatters. Exceptas setforthon Schedule8.11(a), (i) Each Class B Member and the Project Company is and has been in compliance with all Environmental Laws with respect to the Project in all material respects, (ii) to the Knowledge of the Class B Members, the Project is not located on any premises where HazardousSubstancesarepresentorhavebeenReleasedinalocation,mannerorcondition that would reasonably be expected to require remedial or response action pursuant to any EnvironmentalLaw,(iii)neitheranySponsorPartynortheProjectCompanyhasreceived written notice from any Governmental Authority of an actual or potential violation of or liabilityunderanyEnvironmentalLawswithrespecttotheProject,(iv)thereisnopending, nor to the Knowledge of Class B Members threatened, litigation, claim, action, suit, proceeding or governmental investigation, in each case, pursuant to, or alleging violation

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of or liability under, any Environmental Law with respect to the Project, and (v) the CompanyhasMadeAvailabletotheClassAMemberscopiesofanyandallEnvironmental Reports, Phase I or Phase II Environmental Site Assessments, environmental compliance audits and reports concerning wetlands delineation, potential impacts to wildlife habitats, aviation, cultural or historic resources and traffic impacts, if any, and any other material environmental document prepared by or on behalf of any Sponsor Party or its Affiliates, including the Project Company, in such Person’s possession or control, concerning the Project.

(xvii)    No Condemnation or Casualty. No condemnation is pending or threatened in writing with respect to the Project other than any such condemnation in respectofanimmaterialportionoftheProjectSitethatisnotnecessaryfortheconstruction or operation of the Project in accordance with the Base Case Model, and no unrepaired casualtyexistswithrespecttotheProject,oranyportionthereofmaterialtotheownership or operation of the Project.

(xviii)    Broker Fees. The Company has not retained any broker, agent or finderorincurredanyliabilityorobligationforanybrokeragefees,commissionsorfinder feeswithrespecttothisAgreementortheTransactionandforwhichtheCompanyhasany liability. The Project Company has no liability or obligation for any fees or commissions to any broker, finder or agent with respect to the procurement and execution of this Agreement or any other Transaction Document or the transactions contemplated thereby.

(xix)    Insurance.InsurancecomplyingwithSection6.8isinfullforceand effect.

(xx)    EnergyRegulatoryMatters.As oftheSCFundingDate:

(A)    The Project Company has filed a notice of self-certification withFERCforstatusasanEWGandupontheinitialgenerationofelectricenergy (including test energy) by the Project, the Project Company is an EWG and has MBR Authority that is in full force and effect.

(B)    The Project Company is not and will not become subject to regulation by FERC as a “holding company” as such term is defined in Section 1262(8)ofPUHCAandtheregulationsofFERCat18C.F.R.§366.1.TheProject CompanyisnotsubjecttoregulationbyFERCunderPUHCAexceptwithrespect to regulation relating to maintaining EWG status and any applicable regulation as a“subsidiarycompany”oran“affiliate”ofa“holdingcompany,”assuchtermsare used within the meaning of PUHCA. The Company is either not a “holding company” under PUHCA, or will be a “holding company” under PUHCA solely with respect to oneormoreEWGsthat is exempt from FERC access to books and records, and the accounting, record-retention and reporting requirements of PUHCAtotheextentsetforthin18C.F.R.§366.3(a).TheProjectCompany,upon the initial generation and delivery of electric energy (including test energy) from the Project, will be subject to regulation as a “public utility” under the FPA with

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MBR Authority, and such MBR Authority is in full force and effect. The Project Company is not subject to rate regulation or financial or organizational regulation by the applicable State Regulatory Agency under applicable state law and is not a “public utility,” “electric utility” (or its equivalent) under such state law. The ProjectCompanyisnotprecludedbyanyapplicablestatelawgoverningregulation by the applicable State Regulatory Agency from entering into or incurring obligations under the Major Project Contracts or the Transaction Documents to whichitisaparty.Otherthanassetforthherein,noapprovalundertheFPAorany state laws, rules, or regulations governing or regulating public utilities is required for the entry into or performance of the Transaction Documents or the consummation of the transactions contemplated thereby.

(C)    Solely as the result of the execution and delivery of the TransactionDocuments,theconsummationofthetransactionscontemplatedbythe Transaction Documents, or the performance of obligations under the Transaction Documents(otherthanwithrespecttotheexerciseofremedies),theacquisitionof the Project Company, or the supply of electricity, capacity or ancillary services from the Project, none of the Project Company, the Company or the Class A Members are or will be: (1) subject to, or not exempt from regulation as a “public utility”undertheFPA(asthattermisdefinedinSection201(e)oftheFPA);except thattheProjectCompanymaybesubjecttoregulationasa“publicutility”(asthat term is defined in Section 201(e) of the FPA) with MBR Authority, (2) subject to, or not exempt from regulatory provisions under PUHCA included within the exemptions described at 18 C.F.R. § 366.3(a); or (3) subject to rate regulation or financial or organizational regulation by the public utility regulatory agencies of such state under applicable state law or be deemed a “public utility,” “electric utility” (or its equivalent) under such state law.

(xxi)    Employees.NeithertheCompanynortheProjectCompanyhas,nor atanytimehashad,anyemployees.NeithertheCompanynortheProjectCompanyhasat anytimemaintained,sponsored,administeredorparticipatedinanyemployeebenefitplan or arrangement or incurred any liability in connection any such plan or arrangement.

(xxii)    Investment Company Act. The Project Company is not required to beregisteredasan“investmentcompany”withinthemeaningoftheInvestmentCompany Actof1940.Inmakingtheprecedingrepresentationandwarranty,theProjectCompanyis notrelyingonexemptionsunderSection3(c)(1)or3(c)(7)oftheInvestmentCompanyAct of 1940.

(xxiii)    NoBankruptcy.NeithertheCompanynortheProjectCompanyis Bankrupt.

(xxiv)    Taxes.

(A)    AllTaxReturnsrequiredtobefiledbyoronbehalfofthe Company or the Project Company prior to the Execution Date or the applicable

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FundingDate,asapplicable,withanyTaxingAuthorityhavebeendulyandtimely filed, and all such Tax Returns were true, correct and complete in all material respects.WithrespecttoallamountsinrespectofTaxesimposedontheCompany or the Project Company or any activity of the Company or the Project Company, all such amounts required to be paid to Taxing Authorities on or before the ExecutionDate,theMCFundingDateortheSCFundingDate,asapplicable,have beenpaid.AsoftheExecutionDate,theSponsorMemberhasdisclosedtotheClass AMembersallmaterialunpaidTaxesthatwereaccruedpriortobutarenotrequired tobepaidonorbeforetheExecutionDateand,asoftheMCFundingDateandthe SC Funding Date, the Sponsor Member has disclosed to the Class A Members all materialunpaidTaxesthatwereaccruedpriortobutarenot requiredtobepaidon orbeforesuchFundingDate.Sinceformation,eachoftheCompanyandtheProject Companyhasnever,eitherseparatelyorasamemberofacombinedorconsolidated return, incurred either directly or indirectly any liability for income Taxes, except to the extent such income Taxes either (i) have been paid prior to the date as of which this representation is made, or(ii)arereflectedin theBaseCaseModel. No claim has been made by a Taxing Authority in a jurisdiction where the Company or the Project Company does not file Tax Returns such that the Company or the ProjectCompanyisormaybesubjecttotaxationbythatjurisdiction.Thereareno liensforTaxesuponanyofthemembershipinterestsortheAssetsoftheCompany ortheProjectCompanyotherthanthoseimposedbyGovernmentalAuthoritiesfor Taxes that are not yet due. There are no audits, claims, assessments, levies, administrative proceedings, or lawsuits with respect to Taxes or Tax Returns pending or threatened against the Company or the Project Company or as to the respective Assets of the Company or the Project Company to which the Company or the Project Company could be made subject. There are no agreements or consents currently in effect for the extension or waiver of the time (i) to file any TaxReturnor(ii)forassessmentorcollectionofanyTaxesrelatingtotheCompany ortheProjectCompanyforanyperiodpriortotheExecutionDateortheapplicable FundingDateasofwhichthisrepresentationismade,asapplicable,andnoPerson has been requested to enter into any such agreement or consent. Neither the Company nor the Project Company is a party to any Tax sharing or allocation agreement, Tax indemnity agreement, or similar agreement or arrangement regarding Taxes. Neither the Company nor the Project Company has any liability forTaxesofanyotherPersonasatransfereeorsuccessor,bycontractorotherwise. No power of attorney has been granted with respect to the Taxes of the Company ortheProject Company.NoneoftheCompany,theProject Company,theClass B Members, the Seller, the Guarantor or any Affiliate thereof has applied to the IRS for a private letter ruling with respect to the Project, the Project Company or the Company, including any application for a private letter ruling that has been withdrawn.

(B)    Prior to the MC Funding Date, the Project Company is disregardedasanentityseparatefromSellerforU.S.federalincometaxpurposes.

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(C)    No tangible property of the Project Company is leased to a “tax-exemptperson”orisotherwise“tax-exempt”usepropertyforfederalincome tax purposes (except to the extent the Class A Member is a Disqualified Person). No more than a de minimis portion of the Fair Market Value of the property, materialsandpartsthatcomprisetheProject,onthedatesuchpropertywasplaced in service for U.S. federal income tax purposes, consisted of property, materials andpartsusedby aPersonotherthantheCompanyortheProjectCompany.None of the property comprising a part of the Project, is imported property of the kind described in Code Section 168(g)(6). The Project is located in its entirety in the United States. No portion of the basis of any property comprising a part of the Project is “qualified rehabilitation expenditures” within the meaning of Code Section47(c)(2)(A).NoProjectCompanyAffiliatetaxpayerhasappliedforagrant withrespecttotheProjectfromtheU.S.TreasuryDepartmentunderSection 1603 of Division B of the American Recovery and Reinvestment Act of 2009, as amended, and no such grant has been received with respect to the Project. Neither theCompanynortheProjectCompanyisa“relatedperson”toanytaxpayertreated as purchasing power from the Project, for purposes of Code Sections 267 and 707 (other than as a result of any direct or indirect relationship between the Class A Member and any such taxpayer treated as purchasing power from the Project).

(D)    As of the MC Funding Date, (A) the Project has not generated any electricity, (B) with respect to each Inverter Block composing the Project,noneofclauses(b),(d)or(e)setforthinthedefinitionofPlaced-in-Service shallhavebeenachievedorshallhaveoccurredwithrespecttosuchInverterBlock, (C) neither “Commercial Operation” (as defined in the Offtake Agreement) nor “Commercial Operation” (as defined in the Interconnection Agreement) has occurred,and(D)neithertheProjectnoranyInverterBlockcomposingtheProject has been placed in service for U.S. federal income tax purposes.

(E)    As of the SC Funding Date and prior to January 1, 2026, at least four of clauses (a)through (e)set forth in the definition of Placed-in-Service has been satisfied or has occurred with respect to each Inverter Block composing theProjectand“CommercialOperation”(asdefinedintheOfftakeAgreement)and “Commercial Operation” (as defined in the Interconnection Agreement) have occurredandeachInverterBlockcomposingtheProjecthasbeenplacedinservice for U.S. federal income tax purposes prior to January 1, 2026.

(F)    (A) As of the MC Funding Date and the SC Funding Date, the Company has not (i) taken a position on any federal, state or local tax return, tax report or tax filing, in each case, filed with a Governmental Authority, that is inconsistent with the original use by the Company, for U.S. federal income tax purposes, of the Project or any property that is part of the Project or (ii) claimed withrespecttotheProjectoranypropertythatispartoftheProjectonanyfederal, state, or local tax return, tax report or tax filing, in each case, filed with a Governmental Authority, renewable energy production tax credits pursuant to

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Section 45 oftheCode; and (B)as oftheMC Funding Date,theCompanyhas not claimedwithrespecttotheProjectoranypropertythatispartoftheProjectonany federal, state, or local tax return, tax report or tax filing, in each case, filed with a GovernmentalAuthority,anydepreciationoramortizationdeductions,ITCs,orany other tax credits or deductions that are available with respect to the Project or any property that is part of the Project.

(G)    As of the MC Funding Date and SC Funding Date, the Project or any portion thereof is not “tax-exempt bond financed property” within the meaning of Section 168(g)(5) of the Code.

(H)    As of the MC Funding Date and SC Funding Date, none of the property comprising a part of the Project is imported property of the kind described in Section 168(g)(6) of the Code.

(I)    As of the MC Funding Date and SC Funding Date, the Projectisnotandwillnotbeusedtogenerateenergyforthepurposesofheatinga swimming pool.

(J)    OtherthanassetforthintheBaseCaseModel,asoftheMC FundingDate,therearenosales,use,advaloremorsimilartaxesdueinrespectof the purchase of the Project and transfer of title thereto, or for which the Company may become liable as successor or derivatively as a result of the purchase of the Project.

(K)    As of the SC Funding Date, the Company’s tax basis in the Project is the amount provided in the applicable final Cost Seg/Appraisal Report, and the portion of such tax basis allocable to the ITC Eligible Property is not less thananamount equaltothe ITC EligibleBasisset forthintheCostSeg/Appraisal Report. As of the MC Funding Date, the Company’s tax basis in the Project is at least $152,610,794.78.

(L)    The Project is eligible for the ITC and meets the requirements of Section 48(a)(9)(B) of the Code.

(M)    As of the SC Funding Date, the fair market value of the Project is equal to at least the Project Purchase Price (as defined the Purchase Agreement) with respect thereto.

(N)    No Class B Member is a “foreign person” within the meaning of Section 1445(b)(2) of the Code.

(O)    The Project “began construction” after December 31, 2018, and prior to January 29, 2023 within the meaning of and for purposes of Section 48(a)(9)(B)(ii) of the Code and the IRS Notices. As of the Execution Date, the representations and warranties made by the Sponsor Member set forth in the

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executedBeginningofConstructionCertificatearetrueandcorrect.Asof theMC Funding Date and the SC Funding Date, the representations and warranties made by the Sponsor Member set forth in the Beginning of Construction Bring-Down Certificate are true and correct.

(P)    The Project is within, and will be placed in service within, an energy community as defined in Sections 45(b)(11)(B)and 48(a)(14)(A) ofthe Code. As of the Execution Date, the representations and warranties made by the Sponsor Member set forth in the Energy Community Certificates are true and correct. AsoftheMC Funding Dateand theSC Funding Date,therepresentations and warranties made by the Sponsor Member set forth in the Energy Community Bring-Down Certificate are true and correct.

(Q)    Each Inverter Block constitutes a separate unit of energy property as set forth in Code Section 48(a)(8)(A) and Regulation Section 1.48-9(f)(2).

(b)    Covenants of the Class B Members. Except as expressly set forth below,each of the Class B Members covenant to the Class A Members that:

(i)    The Company will report in all federal, state and applicable local incometaxreturnsthepurchaseandsaleoftheProjectpursuanttothePurchaseAgreement as the purchase by the Company of a new Project that has not beenplacedin servicefor U.S.federalincometaxpurposesinexchangefortheProjectPurchasePrice(asdefinedin the Purchase Agreement), and will not take a position inconsistent therewith, except as required by Applicable Law.

(ii)    TotheextentthatthePlaced-in-ServiceDateforanyInverterBlock composing the Project has not occurred or such Inverter Block has not been placed in serviceforU.S.federaltaxpurposes,ineithercase,onorpriortoDecember15,2025,the Class B Member shall not permit any of clauses (b), (d) or (e) of the definition of Placed-in-ServiceforanyInverterBlocktooccuroranyportionthereof,orforanyInverterBlock or any portion thereof to be placed in service for U.S. federal tax purposes, in each case, between December 15, 2025 through December 31, 2025.

(iii)    It shall cause the statements set forth in Sections 8.11(a)(xxiv)(I)and(Q)tobeandremaintrueandcorrectatalltimesthatsuchPersonisaClassBMember.

8.12    Representations,WarrantiesandCovenantsoftheClassAMember.

TheClassAMemberrepresentsandwarrantstotheCompanyandeachotherMemberthat: (a) thefollowingstatementsaretrueandcorrectasof(i)withrespecttotheClassAMember,the Execution Date and (ii) with respect to any other Personhereafteradmitted as aClass AMember pursuanttothisAgreement,thedatesuchPersonissoadmittedasaClassAMember;and(b)with respect to clauses (g)and (h)of this Section 8.12, shall be true and correct at all times that such Person is a Class A Member, and with respect to clauses (h), (i), (j)and (k)of this Section 8.12

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shallbetrueandcorrectasoftheExecutionDateandshallcontinuetobetrueandcorrectthrough the Recapture Period but without regard to any change in law after the Execution Date:

(a)    It is an entity duly formed or organized, validly existing and in good standing under the laws of its jurisdiction of organization.

(b)    Ithasthefullright,powerandauthorityto(i)ownorholditsinterestinthe Company,(ii)carryonitsbusinessasnowbeingconductedandasproposedtobeconductedbyit under this Agreement and (iii) execute and deliver this Agreement and perform its obligations under this Agreement.

(c)    This Agreement is a legal valid and binding obligation of the Class A Memberenforceableagainstitinaccordancewithitsterms,exceptassuchenforceabilitymaybe limited by applicable bankruptcy, insolvency or similar laws affecting creditors’ rights generally and by general equitable principles.

(d)    Theauthorization,execution,delivery,andperformanceofthisAgreement does not (i) conflict with, or result in a breach, default or violation of, (A) the organizational documentsofsuchMember,(B)anycontractoragreementtowhichsuchMemberisapartyoris otherwisesubject,or(C)anyApplicableLaw,order,judgment,decree,writ,injunctionorarbitral awardtowhichsuchMemberissubject;or(ii)requireanyconsent,approvalorauthorizationfrom, filing or registration with, or notice to, any Governmental Authority or other Person, unless such requirement has already been satisfied.

(e)    It has such sophistication, knowledge and experience in financial and businessmattersthatitiscapableofevaluatingthemerits,risksandsuitabilityofenteringintothe Transaction.ItisacquiringitsClassAInterestforitsownaccountandnotas anomineeoragent. ItunderstandsitsClassAInteresthasnotbeen,andwillnotbe,registeredundertheSecuritiesAct andisbeingacquiredinatransactionnotinvolvingapublicofferingpursuanttoanexemption from the registration provisions of the Securities Act, the availability of which depends upon, amongotherthings,thebonafidenatureofeach Member’sinvestmentintentandtheaccuracyof theMembers’respectiverepresentationsasexpressedherein.Itunderstandsthatnopublicmarket now exists for the Class A Interests or any of the securities of the Company and that neither the Companynorany MemberorAffiliatethereofhas madeany assurances that apublicmarket will ever exist for the Class A Interests or the Company’s securities.

(f)    IthasdiscussedtheTransactionandtheaccountingandtaxtreatmentthatit intendstoaccordtheTransactionwithitsindependentadvisors,itissolelyresponsiblefordeciding to enter into the Transaction and has not relied on any other party (save for any representations made in this Agreement), other than its independent advisors, in respect of the accounting or tax treatment to be applied to the Transaction, or the overall suitability of the Transaction. It is an “accredited investor” within the meaning of Rule 501(a)(1), (2), (3) or (7) of the Securities Act, and is able to bear the economic risk of losing its entire investment in the Company.

(g)    Thateither(i)nopartoftheaggregateCapitalContributionsmadebysuch Member and used by such Member to acquire any Units, constitutes Assets of any “employee

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benefit plan” within the meaning of Section 3(3) of ERISA, or other “benefit plan investor” (as definedinU.S.DepartmentofLaborReg.§§2510.3-101etseq.orinSection3(42)ofERISA)or Assetsallocatedtoanyinsurancecompanyseparateaccountorgeneralaccountinwhichanysuch employee benefit plan or benefit plan investor (or related trust) has any interest or (ii) the source of the funding used to pay the Capital Contributions made by such Member is an “insurance company general account” within the meaning of Department of Labor Prohibited Transaction Exemption95-60,issuedJuly12,1995,andthereisnoemployeebenefitplan,treatingasasingle plan all plans maintained by the same employer or employee organization, with respect to which theamountofthegeneralaccountreservesandliabilitiesforallContractsheldbyoronbehalfof such plan exceeds ten percent (10%) of the total reserves and liabilities of such general account (exclusive of separate account liabilities) plus surplus, as set forth in the National Association of Insurance Commissioners “Annual Statement” filed with such Member’s state of domicile.

(h)    Itisa“UnitedStatesperson”asdefinedinSection7701(a)(30)oftheCode and is not subject to withholding under Section 1446 of the Code.

(i)    NeitherthetaxstatusoftheClassAMembernoranyofitsdirectorindirect owners will cause any portion of the Project to be subject to the alternative depreciation system under Section 168(g) of the Code.

(j)    Neither the Class A Member, nor any Person that has a direct or indirect ownership interest in the Class A Member, is a Disqualified Entity.

(k)    The Class A Member is not related to any offtaker or purchaser of any energy from the Project within the meaning of Sections 267(b) and 707(b)(1) of the Code.

(l)    The Class A Member is not a “public utility” under Section 201(e) of the FPA and is either not a “holding company” under PUHCA or is a “holding company” that is not subject to, or is exempt from regulatory provisions under PUHCA described at 18 C.F.R. § 366.3(a).

8.13    Survival.

Therepresentations,warrantiesandcovenantshereinshallbecontinuingagreementsofthe Members that made them and shall survive the termination of this Agreement and the Company.

ARTICLEIX

TRANSFERSOFINTERESTS;PURCHASEOPTION

9.1    TransferRestrictions.

AMembermaynotTransferorEncumberalloranyportionofitsMembershipInterestor permit any Transfer or Encumbrance of any Indirect Membership Interest, except in strict accordancewiththisArticleIX.ReferencesinthisAgreementtoTransfersorEncumbrancesofa “MembershipInterest”shallalsorefertoTransfersorEncumbrancesofaportionofaMembership Interest or Indirect Membership Interest. Any attempted Transfer or Encumbrance of any

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Membership Interest or Indirect Membership Interest, other than in strict accordance with this Article IX, shall, to the fullest extent permitted by law, be, and is hereby declared, null and void ab initio. The Members agree that a breach of the provisions of this Article IXmay cause irreparableinjurytotheCompanyandtotheotherMembersforwhichmonetarydamages(orother remedy at Applicable Law) are inadequate in view of (a) the complexities and uncertainties in measuring the actual damages that would be sustained by reason of the failure of a Member to complywithsuchprovisionand(b)theuniquenessoftheCompany’sbusinessandtherelationship among the Members. Accordingly, the Members agree that the provisions of this Article IXmay be enforced by specific performance.

9.2    PermittedTransfers.

(a)    TransfersbytheClassAMembers.EachClassAMembermayTransferall or part of its Class A Units (and the Class A Interest represented thereby) (x) as set forth in subsections (i)through (iii)below or (y) at any time, to an Affiliate of such Class A Member, or, followingtheearlieroftheSCFundingDateandtheCommitmentExpirationDate,toanyPerson; provided, that, in all cases, such Transfer satisfies the Transfer Protection Conditions.

(i)    aTransferin accordance withSections 9.6or9.7;

(ii)    a Transfer upon foreclosure (or a Transfer in lieu of such foreclosure) under an Encumbrance on the Class A Units or applicable Indirect Membership Interestpermittedinaccordancewith Section 9.4,providedthatwithrespect to any such Transferupon Foreclosure priorto the earlier oftheSC Funding Dateand the CommitmentExpirationDate,thetransfereeoftheapplicableClassAUnitsshallmeetthe requirements set forth in subsection (b) of the “Qualified Transferee” definition; or

(iii)    aTransferapprovedbyConsentofAllMembers(excludingthevote of the Transferring Member).

(b)    TransfersbytheClassBMembers.AClassBMembermayTransferallor part of its Class B Units (and the Class B Interest represented thereby) (x) after the Commitment Period,directlyorindirectlytoaPersonthatisaQualifiedTransfereeor(y)otherwise,assetforth in subsections (i)through (iv)below; provided, that, in either case, such Transfer satisfies the Transfer Protection Conditions and does not result in there being more than two (2) Class B Members:

(i)    aTransferinaccordance withSection 9.6;

(ii)    a Transfer upon foreclosure (or a Transfer in lieu of foreclosure) under any Encumbrance on the Class B Units or applicable Indirect Membership Interest permitted in accordance with Section 9.4;

(iii)    aTransferoftheoutstandingClassBUnitstoanyPerson;provided, that(i)suchTransferdoesnotresultintheSponsorowning,directlyorindirectly,lessthan

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a majority (i.e., 50% plus one) of the Class B Units, and (ii) such Transfer will not result in a change of the Managing Member; or

(iv)    aTransferapprovedbyConsentofAllMembers(excludingthevote of the Transferring Member).

9.3    TransferProtectionConditions.

Except as otherwise provided in this Article IX, all Transfers permitted hereby shall be subject to the satisfaction of the following requirements (provided, however,that all transfers of anydirectorindirectownershipinterestinanyParentshallbesubjecttocompliancewithonlythe requirementssetforthinSections9.3(a)through(g))(collectively,theforegoingandthefollowing requirements, the “Transfer Protection Conditions”):

(a)    Transferee.TheTransfereeisnot aProhibited Transferee.

(b)    Applicable Law; SecuritiesLaw. Such Transfer does not violate any provision of Applicable Law, including Applicable Law relating to securities.

(c)    Consents and Licenses and Permits. All consents (including under any MajorProjectContracts),approvalsof,andfilingswith,anyGovernmentalAuthorityandPermits with respect to such Transfer shall have been obtained or made, as applicable, and such Transfer shall not cause or result in a breach or default under any Major Project Contract or any Permit.

(d)    TaxConsequences.

(i)    EntityClassification.SuchTransferdoesnotcausetheCompanyto beclassifiedasanentityotherthanapartnership(orcausetheCompanytobetreatedasa publicly traded partnership taxable as a corporation) for purposes of the Code.

(ii)    Tax-ExemptEntity.InthecaseofaTransferpriortotheFlipPoint, suchTransferisnottoanytax-exemptentity(withinthemeaningofSection168(h)ofthe Code), with the result that any Assets of the Company (including the Project) would be treated as tax-exempt use property under Section 168(h) of the Code, unless the TransferringMemberortheTransfereeshall have indemnifiedtheotherMembersagainst anyadversefederalincometaxeffectsthatresultfromsuchTransfertoatax-exemptentity in a manner reasonably acceptable to the other Members.

(iii)    ITCs. In thecaseof aTransferpriorto theoccurrenceoftheend of the Recapture Period, such Transfer would not result in the disallowance or recapture of all or any portions of the ITCs for which a non-transferring Member or a buyer under a Tax Credit Transfer Agreement would be liable.

(e)    Regulatory Matters. Such Transfer shall not result in the Project Company or the Company becoming subject to, or not exempt from, regulation under the state or federal laws regulating utilities.

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(f)    InvestmentCompany Act. Such Transfer does not require the Company to register as an “investment company” under the Investment Company Act of 1940, as amended.

(g)    TransferDocuments. The following documents shall have been delivered by the Transferring Member to the Managing Member and each other Member:

(i)    Notice.Writtennoticenotlessthanfifteen(15)BusinessDaysprior to the proposed effective date of such Transfer; provided, that in the case of a Transfer in relationtoanEncumbrancepermittedhereunder,suchnoticemaybeprovidednotlessthan ten (10) Business Days prior to the proposed effective date of such Transfer.

(ii)    Transfer Instrument. If the Transfer involves a direct Transfer of Units, an instrument executed by the Transferring Member and the Transferee implementingtheTransfer,insubstantiallytheformofExhibitDheretoorsuchotherform that is reasonably satisfactory to the Managing Member (which approval shall not be unreasonably withheld or delayed) and which contains: (A) the notice address of the Transferee;(B)ifapplicable,theParentoftheTransferee;(C)thenumberofUnitsofeach classofMembershipInterestheldbytheTransferringMemberandtheTransfereeafterthe Transfer (but, with respect to the Transferee, excluding any Membership Interest already held by the Transferee prior to the Transfer); (D) the Transferee’s ratification of this Agreement and its confirmation that the applicable representations and warranties in Section 8.10(a)or Section 8.12, as applicable, are true and correct with respect to it; provided, that for purposes of the foregoing, Transferee shall be entitled to rely on any aspect of the Rule 501(a) definition of an “accredited investor” in making the representationinclause(a)(v)ofSection8.10orclause(f)ofSection8.13,asapplicable; (E) the Transferee’s (and its Parent’s, as applicable) ratification of the Transaction DocumentsandMajorProjectContractstowhichtheTransferringMember(oritsParent) is a party and agreement to be bound by them to the same extent that the Transferring Member was bound by them prior to the Transfer, including the assumptions of all liabilitiesandobligationsthereunderwithrespecttotheTransferredMembershipInterest; and(F)representationsandwarrantiesbytheTransferringMemberanditsTransfereethat theTransferandtheadmissionoftheTransfereeasaMemberisbeingmadeinaccordance with all Applicable Law, and that the Transfer Protection Conditions have been satisfied.

(iii)    Class B Member Guaranty. If the Transfer involves the Class B Interest or an Indirect Membership Interest therein, then either (1) a ratification by the GuarantoroftheGuarantyconfirmingthatitwillcontinueinfullforceandeffectandwill include among the guaranteed obligations thereunder the obligations of the Transferee as aClass B Memberand theManaging Memberhereunder,or (2)theTransferring Member andtheTransfereeshallhavedeliveredtotheCompanyandtheotherMembersaguaranty in favor of the Company and the Class A Members, in substantially the same form as the Guaranty, or otherwise in form and substance reasonably satisfactory to the Class A Members,issuedbyadirectorindirectParentoftheTransfereeguarantyingtheobligations of the Transferee as a Class B Member and the Managing Member hereunder; provided,

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thatifsuchTransferoccurspriortotheFlipDate,suchnewguarantorshallberequiredto meet the requirements of clause (b)of the definition of “Qualified Transferee”.

(h)    Payment of Expenses. The Transferring Member and the Transferee shall have paid or reimbursed the Company and each Member for all reasonable costs and expenses incurred by the Company and such Members in connection with the Transfer and admission, on or before the tenth (10th) day after the receipt by such Persons of the Company’s or any such Member’s invoice for the amount due.

(i)    Know Your Customer. The Transferee (including any Transferee of any Transfer that involves an Indirect Membership Interest or a Transfer upon foreclosure (or in lieu ofsuchforeclosure)underanEncumbrance,butexcludinganyTransfereeofanydirectorindirect interests in a Parent) shall have provided such information for the other Members to identify the Transferee (which may include the names and addresses of the proposed Transferee and its beneficial owners) in accordance with the requirements of the USA PATRIOT Act of 2001 (including the “know your customer” and similar regulations thereunder) and the reasonable and consistently applied policies and procedures of such Members implementing such requirements.

(j)    No Release. Such Transfer shall not effect a release of the Transferring Memberfromany liabilitiesto theCompanyor theotherMembers arising from events occurring prior to or in connection with the Transfer.

9.4    EncumbrancesofMembershipInterest.

A Member may Encumber its Membership Interest or permit any Encumbrance on its IndirectMembershipInterestsolongas,(a)solelywithrespecttoanyEncumbranceonaClassB InterestorIndirectMembershipInterestrelatingtoaClassBInterest,theinstrumentcreatingsuch Encumbrance provides that any Transfer upon foreclosure of such Encumbrance (or Transfer in lieu of such foreclosure) shall only be made to the Back-Leverage Collateral Agent or a Person that satisfies the requirements of a Qualified Transferee and, in either case, satisfies the Transfer Protection Conditions; and (b)solely with respect to any Encumbranceon theClass A Interest or IndirectMembershipInterestrelatingtoaClassAInterest,anyTransferuponforeclosureofsuch Encumbrance (or Transfer in lieu of such foreclosure) must satisfy the Transfer Protection Conditions. For avoidance of doubt, the aforesaid provisions of this Section 9.4shall not be construed as restricting any Encumbranceat orupstream ofthelevel ofthe Parent oftheSponsor Member and the Encumbrance on the Membership Interests and Indirect Membership Interest relatingtoaClassBInterestgrantedtotheBack-LeverageCollateralAgentshallbedeemedtobe permitted. The Class A Members hereby agree, at the request of the Class B Members, to enter intoaconsenttocollateralassignmentwiththeBack-LeverageCollateralAgentorotherfinancing provider or its agent to which any Encumbrance on Class B Interest or Indirect Membership InterestrelatingtoaClassBInterestisgranted,inacustomaryform,andwhichwillincludesuch mattersasarereasonablyrequestedbysuchagent,andprovidedthatinnoeventshalltheClassA Members be required to grant any rights to any such agent in such consent that adversely affect any of the Class A Members’ rights, benefits, risks or obligations under this Agreement. Each Class B Member hereby agrees, at the request of the Class A Members, to enter into a consent to collateral assignment with any provider(s) of financing (or its or their agent) to any Class A

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Members in a customary form, and which will include such matters as are reasonably requested bysuchprovider(s)offinancing(oritsortheiragent),andprovidedthatinnoeventshalltheClass B Members be required to grant any rights to such provider(s) of financing (or its or their agent) in such consent that adversely affect any of the Class B Members’ rights, benefits, risks or obligations under this Agreement.

9.5    AdmissionofTransfereeasa Member.

Any Transferee in a Transfer permitted under Section 9.2or 9.4shall, to the extent applicable,beadmittedtotheCompanyasaMember,withtheMembershipInterestsotransferred tosuchTransferee,totheextentthat(a)theTransferringMembermakingtheTransferhasgranted the Transferee the Transferring Member’s entire Membership Interest, or, in the case of Transfer ofapartofsuchMember’sMembershipInterest,theexpressrighttobesoadmittedasaMember; and(b)suchTransferiseffectedinstrictcompliancewiththeTransferProtectionConditions.Ifa Transferring Member is the last remaining Member of the Company, such Transferring Member shallceasetobeaMemberoftheCompanyimmediatelyfollowingtheadmissionoftheTransferee as a Member of the Company.

9.6    BuyoutEvents.

(a)    ThisSection9.6shallapplytoanyofthefollowingevents(eacha“BuyoutEvent”):

(i)    aMemberbecomes Bankrupt;

(ii)    aMemberinvoluntarilydissolvesandcommencesliquidationor winding up; or

(iii)    thereoccursaneventthatmakesitunlawfulfortheMemberto continuetobeaMembertotheextentsucheventcanreasonablybeexpectedtoresultina Material Adverse Effect (including dissolution of the Company), and such Member does not,withinthirty(30)daysfollowingthedatesuchMemberbecameawareofsuchBuyout Event, either take all actions necessary to make its continuation as a Member lawful, or Transfer its Membership Interest in accordance with Section 9.2and the Transfer Protection Conditions.

(b)    Ineachcase,theMemberwithrespecttowhomaBuyoutEventhas occurred is referred to herein as the “Affected Member”.

(c)    If a Buyout Event occurs, each of the other Members shall have the option to acquire the Membership Interest of the Affected Member (or to cause it to be acquired by an Affiliate of such Member or a Third Party designated by the other Members) in accordance with theTransferProtectionConditions,andanyofsuchotherMemberselectingtoexercisesuchoption shall be referred to herein as “Buyout Purchasers”. The Affected Member’s Membership Interest may be purchased by one or more of the Members as follows: (i) if the Affected Member’s Membership Interest is a Class A Interest, then any other Class A Members (if applicable) shall

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have the option to purchase one hundred percent (100%) of the Affected Member’s Membership Interest prior to any purchase of any portion of the Affected Member’s Membership Interest by the Class B Members; (ii) if the Affected Member’s Membership Interest is a Class B Interest, then any other Class B Members (if applicable) shall have the option to purchase one hundred percent (100%) of the Affected Member’s Membership Interest prior to any purchase of any portionoftheAffectedMember’sMembershipInterestbytheClassAMembers;and(iii)ifmore thanoneMemberwishestopurchasetheAffectedMember’sMembershipInterest,thentheUnits representingsuchAffectedMember’sMembership InterestshallbeapportionedamongtheBuyout PurchasersasagreedbyallofsuchMembersor,ifsuchMembersdonotsoagree,inproportional amounts among the Buyout Purchasers (based on their existing Units).

(d)    The options described in this Section 9.6may be exercised by the Buyout Purchasersbygivingtwenty(20)BusinessDayspriorwrittennoticetotheAffectedMember(the “Buyout Notice”).

(e)    Thepurchaseprice(the“PurchasePrice”)foraMembership Interestbeing purchasedpursuanttoSection9.6(a)shallbeonehundredpercent(100%)oftheFairMarketValue of the Membership Interest as of the date of such purchase.

(f)    Within twenty (20) Business Days after the date of the Buyout Notice, the Affected Member and the Buyout Purchasers will meet to discuss and negotiate in good faith to determine and agree upon the Fair Market Value of the Membership Interest. If they agree upon suchamount,suchamountwillbedeemedtobetheFairMarketValueforpurposeshereof.Ifthey failtoagreeuponsuchvaluewithinthirty(30)daysafterthedateoftheBuyoutNotice,theBuyout Purchasersshall,promptlythereafter,initiatetheAppraisalProcedureforpurposesofestablishing such amount.

(g)    The closing of any such purchase shall occur (i) in the case of a Buyout Event described in Section 9.6(a)(iii)that is attributable to an event outside the control of the Affected Member and such Affected Member is a Class A Member, on the later of the twentieth (20th)BusinessDayfollowingthedateoftheBuyoutNotice,andthefifth(5th)BusinessDayafter the receipt of all applicable Permits and necessary approvals from any Governmental Authority, and (ii) in the case of all other Buyout Events, on the later of the twentieth (20th) Business Day following the date of the Buyout Notice, the twentieth (20th) Business Day following the determination of the Fair Market Value of the Membership Interest, and the fifth (5th) Business Day after the receipt of all applicable Permits and necessary approvals from any Governmental Authority. At the closing, the Affected Member shall convey the Membership Interest to the Buyout Purchasers on an “as is, where is” basis without representations or warranties, expressed orimplied,otherthanthattheAffectedMemberhasgoodtitletotheMembershipInterestandthat no EncumbranceagainsttheMembershipInterestthenexiststhat hasbeencreatedby, through or under the Affected Member or any Affiliate thereof other than those created pursuant to this Agreement. At the closing, (i) the Buyout Purchasers shall expressly assume any and all obligations and liabilities of the Affected Member under this Agreement and to the extent the Affected Member is a party to another Transaction Document, under such other Transaction Document (except in each case those obligations or liabilities accrued through the date of such

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closing), (ii) the Members shall amend this Agreement to reflect the resignation of the Affected MemberandthetransferoftheMembershipInteresteffectiveasofthedateofsuchclosing,and (iii) the Buyout Purchasers shall pay the Purchase Price to the Affected Member by wire transfer of immediately available funds.

9.7    PurchaseOption.

(a)    The Class B Member shall have an exclusive and irrevocable option to purchase all, but not less than all, of the Class A Units, exercisable during the 90-day period (the “Purchase Option Period”) following the earlier of (i) the Flip Date and (ii) the first (1st) anniversaryoftheTarget FlipDate,andineachcaseotherwiseuponthetermsandconditionsset forthherein(the“PurchaseOption”).IftheClassBMembersexercisethePurchaseOptionduring the Purchase Option Period, the Class B Members shall pay to the Class A Members an amount equal to the greater of: (i) one hundred percent (100%) of the Fair Market Value of the Class A Interest(determinedthroughtheAppraisalProcedureasofthePurchaseOptionexercisedate)and (ii) an amount equal to the sum of (x) the amount that results in the Class A Members achieving theClassAMemberBaseReturn,takingintoaccountthecashtobereceivedonsale andthegain (orloss)toberecognizedunderSection1001oftheCode,plus(y)thepost-FlipDateFairMarket Value of the Class A Interest (determined through the Appraisal Procedure as of the Purchase Option exercise date) (the “Purchase Option Price”). The Appraisal Procedure contemplated by thisSection9.7(a), includingthecosts and fees of a Qualified Appraiserin connectiontherewith, shall be paid for by the Class B Members.

(b)    ThePurchaseOptionmaybeexercisedbytheClassBMembersor,subject to Section 9.7(d)by any Affiliate of a Class B Member, at any time during the Purchase Option Period in each case by giving written notice of such exercise to the Managing Member and the Class A Members no later than the end of the Purchase Option Period.

(c)    The closing for purchase and sale shall occur, subject to the receipt of applicablePermitsandanynecessaryapprovalsfromanyGovernmentalAuthority,onthelaterof thetwentieth(20th)BusinessDayfollowingthedeterminationofthePurchaseOptionPriceofthe Class A Units, and the fifth (5th) Business Day after the receipt of such Permits and necessary approvals from any Governmental Authority. At the closing, the Class A Members shall convey all of their Class A Units to the Class B Members (or their designee(s)) on an “as is, where is” basiswithoutrepresentationsorwarranties,expressedorimplied,otherthanthatnoEncumbrance against its Class A Units then exists that has been created by, through or under the Class A Members or any Affiliate thereof other than those created pursuant to this Agreement. At the closing, (i) the Class B Members shall expressly assume any and all obligations and liabilities of the Class A Members under this Agreement and any other Transaction Document, as applicable (exceptthoseobligationsandliabilitiesaccruedthroughthedateofsuchclosing),(ii)theMembers shallamendthisAgreementtoreflectthetransferoftheClassAUnitseffectiveasofthedateof such closing, and (iii) the Class B Members shall pay the Purchase Option Price of the Class AUnits to the Class A Members by wire transfer of immediately available funds.

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(d)    Notwithstandinganythinghereintothecontrary,eachClassBMembermay assignitsrightspursuanttothisSection9.7inconnectionwiththePurchaseOptiontoanAffiliate of such Class B Member, which assignee shall have the rights set forth in this Section 9.7.

9.8    TerminatedMember.

Upon the closing of a Transfer by a Member of all of its Membership Interest in the Company in accordance with this Article IX, the following provisions shall apply to the Transferring Member (now a “Terminated Member”):

(a)    SubjecttoSection9.6,theTerminatedMembershallceasetobeaMember immediately upon the occurrence of such closing.

(b)    The Terminated Member shall no longer be entitled to receive any distributions(includingliquidatingdistributions)orallocationsfromtheCompany,anditshallnot beentitledtoexerciseanyvotingorconsentrightsortoreceiveanyfurtherinformation(oraccess to information) from the Company (other than any required tax information).

(c)    TheTerminatedMembermustpay(i)totheCompanyallamountsowedto theCompanybytheTerminatedMemberand(ii)toeachotherMemberallamountsowedtosuch Member by the Terminated Member.

(d)    The Terminated Member shall remain obligated for all liabilities it may have under this Agreement or otherwise with respect to the Company that accrue prior to the closing.

(e)    The Membership Interest, including the Capital Account balance attributable thereto, of the Terminated Member shall be allocated among the applicable Transferees in proportion to the relative Transferred Units acquired by such Transferee.

(f)    TheTerminatedMembershallindemnifyeachotherMemberinthemanner set forth in this Agreement with respect to Imputed Underpayments that relate to the Transferred Units as though the Transferred Units had not been Transferred to the Transferee.

ARTICLEX

TRACKINGMODELANDFLIPDATE

10.1    TrackingModel.

(a)    Beginning as of the first Fiscal Quarter-end after the Commitment ExpirationDate,theManagingMemberwillcalculateatleastquarterlywhethertheFlipPointhas occurred and will send the Class A Members, within forty five (45) days after the end of each Fiscal Quarter in which the Flip Point does not occur, a report in the form of the Tracking Model showing where it believes the Class A Units are in relation to the Flip Point.

(b)    IftheManagingMember calculatesand determinesthatthe FlipPointwill occuruponthedistributionofAvailableCashFlowatthenextDistributionDate,thennolessthan

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thirty (30) days prior to such Distribution Date, the Managing Member shall provide such calculationtotheClassAMembersintheTrackingModelspecifyingtheFlipDate,andtheportion of the Available Cash Flow to be distributed to the Class A Members under Article Vand the portion of Company Items to be allocated to the Class A Members under Article IVprior to the Flip Date and from and after the Flip Date.

(c)    Prior to making any liquidating distribution pursuant to Section 12.2, the Managing Member shall calculate and determine as to whether the Flip Point will occur in connectionwiththeliquidationoftheCompany.Nolessthanthirty(30)dayspriortomakingsuch distribution, theManaging Membershall provide such calculation to theClass AMembers in the TrackingModelspecifyingtheFlipDate(orstatingthattheManagingMemberhasconcludedthat the Flip Date will not occur), and the portion of the liquidation proceeds to be distributed to the Class A Members and the portion of the Company Items to be allocated to the Class A Members under Section 12.2prior to the Flip Date and from and after the Flip Date.

(d)    The Managing Member will make its advisers available to answer any questions about its calculations and reports made under this Section 10.1. The Class A Members mayinvokethedisputeresolutionproceduresinSection10.3toresolveanyitemorprocedurethat is in dispute. In the event no objection to a calculation provided to the Class A Members under Sections 10.1(b)or 10.1(c)is received by the Managing Member from the Class A Members five (5) Business Days prior to the Distribution Date or the date of the liquidating distribution, as the case may be, then the Flip Date shall be deemed to have occurred or not to have occurred, as the case may be, as specified in such calculation, and the distributions and allocations as reflected in such calculations and reports shall govern for the applicable taxable period. In the event such an objection is timely provided to the Managing Member, then the Flip Date shall be deemed not to have occurred and distributions shall be determined and made accordingly until determination of the Flip Date as provided in Section 10.3is made.

10.2    CalculationRulesandConventions.

InperformingthecalculationsandmakingthedeterminationswithrespecttotheFlipPoint as described in Section 10.1, the Managing Member shall employ the following calculation rules and conventions:

(a)    Basis. The calculation shall be made on the basis of each Class A Unit issuedtotheClassAMembersandanyCapitalContributionsincludinganyCapitalContributions inrespectofFlipImputedUnderpayments(butexcludinganyCapitalContributioninrespectofa Class A Imputed Underpayment) made pursuant to this Agreement.

(b)    Continuity of Ownership. The Managing Member shall treat ownership of the Class A Units as being continuous from the Execution Date to the Distribution Date (or, if applicable, the date of distribution of liquidation proceeds) as of which the calculation is being made, without regard to any change in ownership of the Class A Units during such period.

(c)    CashDistributions.Thecashdistributionstakenintoaccountindetermining thePre-TaxIRRwithrespecttoeachClassAUnitshallconsistsolelyofdistributionstotheHolder

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ofsuchClassAUnitmadeonanyDistributionDateordateofdistributionofliquidationproceeds (ortobemadeontheDistributionDateordateofdistributionofliquidationproceedsasofwhich date the Pre-Tax IRR is being determined) (the “Cash Distributions”). Also taken into account in determining the Pre-Tax IRR are any amounts received by the Holder of the Class A Unit which is in the nature of a recovery or replacement of, or indemnity or compensation for the loss of, an item which would otherwise be taken into account in the foregoing sentence.

(d)    MethodofDeterminingtheFlip Date;ProRationof Distributions.

(i)    If,asofanyDistributionDate,theManagingMembercalculatesthat the Flip Point has occurred during the calendar quarter preceding such Distribution Date (taking account of the distribution of the Available Cash Flow on such Distribution Date) the Managing Member will calculate the lowest percentage (the “Trigger Percentage”) which, when applied to such Available Cash Flow, will result in a Class AUnit receiving an amount of Available Cash Flow (such amount of cash calculated using such Trigger Percentage, the “Cash Trigger Amount”) which will cause the Flip Point to occur. The CashTriggerAmountshallbedeemedtoprecede theFlipDateandshallbedistributedto theHolderofClassAUnits(notwithstandinganythingtothecontrarycontainedinSection5.1(a)(i))andtheremainderofsuchAvailableCashFlowshallbedistributedtotheHolders of Class A Units and Class B Units underSection 5.1(a)(ii).

(ii)    If, prior to a distribution of liquidation proceeds, the Managing Member calculates that the Flip Point will occur (taking into account the expected distribution of liquidation proceeds), the Managing Member will calculate, using an iterative process, the percentage of the liquidation proceeds which, if distributed in accordancewith Section12.2(a)(vi),willcausethecashdistributionstobemadepursuant toSection 12.2(a)(vi)onthedateofdistributionofliquidationproceedstotheextentsuch distributions are attributable to pro rata allocations pursuant to Section 12.2(a)(iv)(A), to cause the Flip Point to occur. Such calculation shall be taken into account in making the allocationsunderSection12.2(a)(v)insuchmannerastoensurethat,tothegreatestextent feasible, the balances in the Capital Accounts of the Members are expected to result in distributions pursuant to Section 12.2(a)(vi)in accordance with the target liquidation distributions contemplated in Section 12.2(a)(iv)(A), Section 12.2(a)(iv)(B)and Section12.2(a)(iv)(C).

10.3    Flip DateandTaxReturnDisputeResolution.

(a)    If a Class A Member shall dispute any item or procedure or calculation of, orwhichaffects,theFlipDatecontainedinanynoticeorreportdeliveredtosuchClassAMember under this Article X, such Class A Member shall notify the Managing Member within ten (10) Business Days following receipt of the notice or report disputed. In such case, such Class A Member’s notification will set forth in reasonable detail such Class A Member’s objections or disagreements, and the Parties shall attempt in good faith to promptly resolve any differences as tothematterssodisputed.IfthePartiesareunabletoresolveanysuchdifferenceswithinten(10) BusinessDaysafterthedateofsuchClassAMember’snotice,thentheactualdeterminationshall be finally referred to a nationally recognized independent public accounting firm (which may or

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may not be the Certified Public Accountant) selected jointly by the Class B Members and such ClassAMember,whichaccountingfirmwillbeaskedtodesignateoneofitspartnerstoactasan independent expert for purposes of this Section 10.3(the “Independent Expert”). The Class A Members and the Managing Member shall submit the Tracking Model, the proposed Tax Return and pertinent information, books and records, as applicable, and all other data necessary for the Independent Expert to make his determination, including any additional data requested by the Independent Expert. The Independent Expert shall keep confidential all information submitted to himinconnectionwithhisresolutionofthedispute(s)hereunder.TheIndependentExpertshallbe requested to render his determination as promptly as possible after he receives all necessary data and materials. The determination of the Independent Expert resolving a dispute pursuant to this Section 10.3shall be final and binding uponthe disputing parties absent manifest error, and such determinationshallapplyforallsubsequentperiodstoanyitemorproceduresubstantiallysimilar tothatdeterminedhereunder.TheCompanyshallpaythefeesoftheIndependentExpertincurred for such determination.

(b)    If a Class A Member shall dispute whether an Imputed Underpayment shouldbecharacterized asaClassA Imputed Underpayment,Class B ImputedUnderpaymentor FlipImputedUnderpayment,suchClassAMembershallnotifytheManagingMemberwithinten (10) Business Days following receipt of the notice or report disputed. To the extent such dispute is not promptly resolved, such dispute shall be determined by binding arbitration if it is eligible forsucharbitration.Ifsuchdisputeiseligibleforsucharbitration,itshallbesettledbyarbitration administered by the American Arbitration Association (“AAA”) in accordance with its Commercial Rules and judgment on the award rendered by the arbitrator may be entered in any courthavingjurisdictionthereof.Thearbitratorselectedbytheclaimantandthearbitratorselected by respondent shall, within ten (10) days of their appointment, select a third neutral arbitrator. In the event that they are unable to do so, the Parties or their attorneys may request the AAA to appoint the third neutral arbitrator. Any AAA arbitration proceeding shall be conducted in the StateofDelaware.TheAAAarbitratorshallhavetheauthoritytoawardanyremedyorreliefthat a court of competent jurisdiction could order or grant, including the issuance of an injunction or other equitable relief. Either Party may apply to the arbitrator seeking injunctive relief until the arbitration award is rendered or the controversy is otherwise resolved. Each Party also may, without waiving any remedy under this Agreement, seek from any court having jurisdiction any interimorprovisionalreliefthatisnecessarytoprotecttherightsorpropertyofsuchParty,pending the establishment of the arbitral tribunal (or pending the arbitral tribunal’s determination of the merits of the controversy). Except as necessary in court proceedings to enforce this arbitration provision or an award rendered hereunder, or to obtain interim relief, none of the Parties nor an arbitrator may disclose the existence, content, or results of any arbitration hereunder without the priorwrittenconsentoftheParties.TheprevailingPartyshallbeentitledtoanawardofreasonable attorneys’ fees.

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ARTICLE XI

INDEMNIFICATION

11.1    Indemnification.

(a)    Subjecttothetermsand conditionsofthis Article XI,and withoutlimiting therightsoftheClassAMembersundertheGuaranty,eachClassBMemberagreestoindemnify, reimburse and hold harmless the Class A Members and their parent or subsidiary companies, shareholders, partners, members and other Affiliates, and their respective officers, directors, managers, employees and agents (collectively, the “Investor Indemnified Parties”), from and against any claim, injury, loss (including the loss of any Tax Benefits set forth in the Base Case Model), or damage (including reasonable attorneys’ fees and expenses, including such fees and expenses at trial and on any appeal) (including in the case of any injury, loss or damage resulting fromthebreachoftherepresentationscontainedinSection8.11(a)(xxiv)(N),asaresultofaFinal Determination)(collectively,“Damages”or“Losses”),ineachcaseresultingto,imposedupon,or incurredbyanyoralloftheInvestorIndemnifiedParties,totheextentbyreasonof,arisingoutof orresultingfrom(i)thebreach,inaccuracyorfailureofanyrepresentationorwarrantyof aClass B Member (acting in its capacity as a Class B Member, Managing Member or the Partnership Representative), the Seller, or any of their respective Affiliates contained in any Transaction Document or any certificate delivered by any of them hereunder or thereunder, or breach of any covenantofaClassBMember,actinginitscapacityasaClassBMember,ManagingMemberor thePartnershipRepresentative,ortheSellersetforthinanyTransactionDocument,(ii)thebreach, inaccuracy or failure of any representation or warranty, or breach of any covenant, by a Class B Member or an Affiliate of a Class B Member (other than the Company or the Project Company) containedinanyMajorProjectContract(includinganyContractthatceasestobeaMajorProject Contract due to the parties thereto performing their material non-contingent obligations thereunder) to which it is a party, (iii) the fraud, gross negligence or willful misconduct by the Class B Member or an Affiliate of the Class B Member, and (iv) Prosperity Bank’s lien on the Jakubec leased tract (Tract 6, Parcel 3) for the Project, including any foreclosure of the Jakubec leased tract (Tract 6, Parcel 3) (any such claims, “Investor Indemnification Claims”); provided, that in no event will the Class B Members, the Managing Member, or the Partnership RepresentativeberesponsibleforanysuchDamagestotheextentcausedbythegrossnegligence, fraud or willful misconduct of an Indemnified Party, or the inaccuracy, breach or failure of the representations and warranties or covenants of the Class A Members under this Agreement; provided, further, that if a Class B Member or its Affiliate on its behalf delivers a subordination, non-disturbance, and attornment agreement from Prosperity Bank or, if applicable, its successor, confirmingthattheProjectCompany’spossessionofthepropertyconstitutingorcomprisedofthe Jakubecleasedtract(Tract6,Parcel3)propertywillnotbedisturbedifsuchpropertyisforeclosed upon by lender,thenSection 11.1(a)(iv)ofthis Agreement shall bedeemed deleted in its entirety and replaced with “[RESERVED]”.

(b)    Subjecttothetermsand conditionsofthis Article XI,and withoutlimiting therightsoftheClassBMembersundertheClassACommitmentGuaranty,eachClassAMember agrees to indemnify, reimburse and hold harmless the Class B Members and their parent or subsidiary companies, shareholders, partners, members and other Affiliates, and their respective

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officers, directors, managers, employees and agents (collectively, the “Operator IndemnifiedParties,”providedthat“IndemnifiedParties”meanseitherthe Investor IndemnifiedPartiesorthe OperatorIndemnifiedPartiesdependingoncontext),fromandagainstanyDamagesorLosses,in eachcaseresultingto,imposedupon,orincurredbyanyoralloftheOperatorIndemnifiedParties, to the extent by reason of, arising out of or resulting from (i) the breach, inaccuracy or failure of any representation or warranty of the Class A Member or any of its Affiliates contained in any Transaction Document or any certificate delivered by any of them hereunder or thereunder, or breachofanycovenantofaClassAMembercontainedinthisAgreement,and(ii)thefraud,gross negligence or willful misconduct by the Class A Member or the Class A Guarantors (any such claims,“OperatorIndemnificationClaims,”providedthat“IndemnificationClaims”meanseither the Investor Indemnification Claims or the Operator Indemnification Claims depending on context);provided,thatinnoeventwilltheClassAMembersberesponsibleforanysuchDamages to the extent caused by the gross negligence, fraud or willful misconduct of an Operator Indemnified Party, or the inaccuracy, breach or failure of the representations and warranties or covenants of a Class B Member (acting in its capacity as a Class B Member, Managing Member orthePartnershipRepresentative),theSeller,oranyoftheirrespectiveAffiliatescontainedinany Transaction Document or any certificate delivered by any of them hereunder or thereunder, or breachofanycovenantofaClassBMember,actinginitscapacityasaClassBMember,Managing Member or the Partnership Representative, or the Seller set forth in any Transaction Document. The term “Indemnifying Party” refers to any Class A Member or Class B Member that must indemnifyanOperatorIndemnifiedPartyorInvestorIndemnifiedParty,respectively,pursuantto the terms of this agreement.

11.2    Limitationof Liability.

TheindemnificationobligationspursuanttothisArticleXIshallbesubjecttothefollowing limitations:

(a)    The amount of Losses for which an Indemnifying Party is obligated to indemnifywithrespecttoanyIndemnificationClaimshallbereducedtotheextentofanyamounts actually received by the applicable Indemnified Parties pursuant to the terms of the insurance policiesobtainedandmaintainedbytheCompany(ifany)coveringsuchclaim(butinnoinstance shall any insurance proceeds from policies obtained and maintained by any of the Indemnified Parties or any Affiliate thereof (other than the Company) be considered in connection with a reductionofLossespursuanttothisSection11.2(a));provided,however,thattheamountofLosses shallincludeanydocumented,out-of-pocketcostsorexpensesincurredbytheIndemnifiedParties in connection with obtaining insurance proceeds with respect to any breach or nonperformance hereunder. This Section 11.2(a)shall not prejudice any claim against the Class B Members, whether through subrogation or otherwise, by an insurer of any Indemnified Party for reimbursement of such amounts.

(b)    TotheextenttheIndemnifiedPartiesreceivesanopinionata“should”level orhigherfrom anationally-recognized lawfirm reasonably acceptableto the Indemnified Parties supporting such position, Losses paid pursuant to this ArticleXIshall betreated as anon-taxable adjustment to purchase price or return of capital for federal income tax purposes. Otherwise,

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Losses paid pursuant to this ArticleXIshall begrossed-up and paid on an After-Tax Basis. Ifthe taxpositionsupportedbythetaxopiniondescribedaboveissubsequently disallowedbythe IRS, the After-Tax Basis gross-up amount will be promptly paid to such Indemnified Party. To the extent an Indemnified Party subsequently recovers all or a part of the Losses indemnified under this Article XI, the Indemnified Party shall promptly refund the applicable Class B Members the recovered Losses on an After-Tax Basis; provided, that any such refund shall not exceed the original amount paid to the Indemnified Party by the applicable Class B Members (on an After-Tax Basis) hereunder.

(c)    THEINDEMNIFICATIONOBLIGATIONSUNDERTHISARTICLEXISHALL BE LIMITED TO ACTUAL DAMAGES AND SHALL NOT INCLUDE SPECIAL, INCIDENTAL,CONSEQUENTIAL,PUNITIVE,OREXEMPLARYDAMAGES;PROVIDED, HOWEVER,THAT THE FOREGOING LIMITATION AND EXCLUSION SHALL NOT APPLY(I)TODAMAGESAWARDED,PAIDOROWEDTOANYNON-AFFILIATETHIRD PARTY FOR WHICH ANY MEMBER IS OBLIGATED TO INDEMNIFY ANOTHER MEMBERHEREUNDEROR(II)COSTS,EXPENSESANDDAMAGESINRESPECTOFTO LOSSES OF TAX BENEFITS.

(d)    Each applicable Class A Member or other Investor Indemnified Party (or applicableClassAMemberonbehalfofsuchInvestorIndemnifiedParty)will,atthesolecostand expense of the Class B Members in respect of any properly documented out-of-pocket cost or expense that such applicable Class A Member or Investor Indemnified Party incurs, use commercially reasonable efforts to take commercially reasonable steps identified by the Class B MemberstosuchapplicableClassAMemberorInvestorIndemnifiedPartiestomitigateDamages.

(e)    Except for any claim pursuant to Section 11.1(a)(iv), no claim for indemnificationmaybemadewithrespecttoanyDamagesorLossesofanyInvestorIndemnified PartyorOperatorIndemnifiedParty,asapplicable,(otherthan,ineachcase,withrespecttoThird-PartyClaims,fraud,grossnegligence,andwillfulmisconduct)untiltheaggregateamountofsuch Damages or Losses sought by (or previously sought by) the Investor Indemnified Parties or Operator Indemnified Parties, respectively, under this Agreement exceeds $3,000,000 in the aggregate;provided,thatoncesuchthresholdamountofclaimshasbeenreached,thentheInvestor Indemnified Parties or Operator Indemnified Parties, as applicable, shall have the right to be indemnified with respect to all such claims in excess ofsuch amount. Claims forindemnification underthisAgreementandtheotherTransactionDocumentsshallnotbeduplicativeofoneanother and shall not allow for duplicative recoveries.

(f)    No claim for Damages or Losses may be made under this Agreement for claims based on the inaccuracy, breach or failure of any representation or warranty after a period of eighteen (18) months following the date such representation or warranty was made; provided, that any indemnity claim for an inaccuracy, breach or failure of any representation or warranty madein(i)Sections8.10(a)(ix)through(xii),Error!Referencesourcenotfound.,8.10(a)(xxii), 8.11(a)(ix)(B), 8.11(a)(ix)(C)or 8.11(a)(xxiv)shall be made within ninety (90) days of the expiration of the applicable statute of limitations (giving effect to any waivers or extensions thereof), (ii) Sections Error! Reference source not found.or 8.11(a)(xvi)shall be made within

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four(4)yearsaftertheapplicablerepresentationorwarrantywasmadeand(iii)Sections8.10(a)(i)through8.10(a)(v),8.11(a)(i)through8.11(a)(iii), thefirstsentenceof8.11(a)(vi),8.11(a)(ix)(E), 8.11(a)(xiii), or 8.11(a)(xviii)shall survive indefinitely until three (3) years after a Buyout Event hasoccurredwhichresultsintheInvestorceasingtobeaClassAMember;provided,thatineach caseifwrittennoticeofaclaimforindemnificationhasbeengivenbyanIndemnifiedPartyonor priortothelastdayoftherespectiveforegoingperiod,thentheobligationoftheIndemnifying PartytoindemnifysuchIndemnifiedPartyshallsurvivewithrespecttosuchclaimuntilsuchclaim is finally resolved.

11.3    ProcedureforIndemnification.

If an Indemnified Party learns of an actual or potential Indemnification Claim for which such Indemnified Party may seek indemnification under Section 11.1, such Indemnified Party shall, reasonably promptly afterbecoming awareofsuch Indemnification Claim, notifytheClass BMembersthereof,specifyingthenatureofandspecificbasisforsuchIndemnificationClaimand the actual or, if reasonably practicable, the estimated amount thereof to the extent then feasible (which estimate shall not be conclusive of the final amount of such Indemnification Claim) (the “ClaimNotice”); provided, however,that the failure to provide such notice promptly shall not limitorreducesuchIndemnifiedParty’srighttoindemnificationunderSection11.1.Withinthirty (30) days following receipt of a Claim Notice, the Class B Members shall notify the relevant Indemnified Parties and the Company in writing if any such Class B Member disputes that all or a portion of such Indemnification Claim is subject to indemnification hereunder, specifying the amount, if applicable, so disputed, and otherwise the Class B Members shall be deemed to have agreed that any undisputed portion of such Indemnification Claim is subject to indemnification hereunder.IfanyClassBMemberdoesnotdisputesuchIndemnificationClaimwithinsuchthirty (30) days, it shall be deemed to have agreed that such Indemnification Claim is subject to indemnification hereunder. The Class B Members shall be entitled to participate in any such Indemnification Claim to which they agree, or are deemed to have agreed, is subject to indemnificationhereunder,andtoassumethedefensethereofwithcounselreasonablysatisfactory tosuchIndemnifiedParty.IftheClassBMemberselecttoassumethedefenseofsuchaction,the Indemnified Party shall have the right to employ separate counsel at its own expense and to participate in the defense thereof. If the Class B Members elect not to assume (or fail to assume) the defense of such action, or at any time fail diligently to pursue such defense, the Indemnified Partyshallbeentitledtoassumethedefenseofsuchactionwithcounselofitsownchoice,andthe Class B Members shall pay all reasonable costs and expenses therefor as they are incurred promptlyupondeliverytoitofinvoice(s)therefor.IftheIndemnificationClaimisassertedagainst both a Class B Member and the Indemnified Party and (a) there is a conflict of interest which renders it inappropriate for the same counsel to represent both such Class B Member and the Indemnified Party or (b) such action could reasonably be expected to result in the imposition of criminalliability,theClassBMembersshallberesponsibleforpayingforseparatecounselforthe Indemnified Party; provided, however,that if there is more than one Indemnified Party and it is practical for all such Persons to be represented by common counsel, the Class B Members shall not be responsible for paying for more than one law firm to represent the Indemnified Party, regardless of the number of Indemnified Parties. If the Class B Members elect to assume the defense of such action, (i) no compromise or settlement thereof may be effected by the Class B

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Members without the Indemnified Party’s written consent (which shall not be unreasonably withheld) unless the sole relief provided is monetary damages that are paid in full by the Class B Membersandthecompromiseorsettlementincludesnoadmissionofliabilityand(ii)theClassB Members shall have no liability with respect to any compromise or settlement thereof effected without consent of the majority of Class B Members (which shall not be unreasonably withheld, conditionedordelayed)unlesstheClassBMembershavefailedtodefendsuchIndemnifiedParty against such action.

11.4    Exclusivity.

WithoutinanywaylimitingtheGuaranty,thePartiesagreethat,(a)exceptwithrespectto fraud, gross negligence or willful misconduct by a Member, the only relief and remedy available totheIndemnified PartiesinrespectofLossesfullyrecoverableand addressedbythepaymentof money shall be as set forth in this Article XIand (b) the Indemnified Parties will not bring any action or proceeding under this Agreement, or take any other action, to recover Losses that are fully recoverable and addressed by the payment of money except as provided by this Article XI. Fortheavoidanceofdoubt,noPartyhaswaivedanyrightstopursueequitableremediesunderthis Agreement other than the right to seek specific performance, which the Members hereby acknowledge and agree shall be available to the Parties only as provided in Section 7.7(c)and Article IX.

11.5    No RightofContribution.

TheClass BMembers shallnot haveany rightofcontributionagainst the Company.

11.6    No Duplication.

Any recovery for indemnification under this Agreement shall be determined without duplication of recovery for the same indemnification under any other Transaction Document. Without limiting the generality of the prior sentence, if a statement of fact, condition or event constitutes a breach of more than one representation, warranty, covenant or agreement which is subject to the indemnification obligation in Section 11.1, only one recovery of Losses shall be allowed.

ARTICLEXII

DISSOLUTION,LIQUIDATIONANDTERMINATION

12.1    Dissolution.

The Company will dissolve and its business and affairs will be wound up on the first tooccur of the following (the “Liquidating Events”):

(a)    theunanimousconsent oftheMembersto dissolvetheCompany;

(b)    anytimetherearenoMembersoftheCompanyunlesstheCompanyis continued without dissolution in accordance with the Act;

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(c)    thesale,transferorotherdispositionbytheCompanyofallorsubstantially all of its business and Assets; or

(d)    theentry ofadecreeof judicialdissolution oftheCompany under theAct.

Each Member agrees that, to the fullest extent permitted by law, it will not dissolve itself or the Company or resign from the Company except as set forth above in this Section 12.1.

12.2    Liquidation andTermination.

(a)    On dissolution of the Company, the Managing Member shall act as liquidator.TheliquidatorshallproceeddiligentlytowinduptheaffairsoftheCompanyandmake final distributions as provided in this Agreement. The costs of liquidation will be borne as a Company expense. Until final distribution, the liquidator shall continue to operate the Company withallofthepowerandauthorityoftheMembers.Thestepstobeaccomplishedbytheliquidator are as follows:

(i)    As promptly as reasonably practicable after dissolution and again after final liquidation, the liquidator shall cause a proper accounting to be made by the Certified Public Accountant of the Company’s Assets, liabilities, and operations through the last day of the calendar month in which the dissolution occurs or the final liquidation is completed, as applicable.

(ii)    The liquidator shall pay from Company funds all of the debts and liabilities of the Company or otherwise make adequate provision for them (including the establishmentofacashescrowfundforcontingent,conditionalorunmaturedliabilitiesin such amount and for such term as the liquidator may reasonably determine).

(iii)    Withrespect tothe remainingAssets oftheCompany:

(A)    the liquidator shall use all commercially reasonable efforts to obtain the best possible price and may sell any or all Company Assets (subject toanyandallrestrictionstowhichtheProjectissubject),includingtotheMembers at such price, but in no event lower than the Fair Market Value thereof; and

(B)    withrespecttoallCompanyAssetsthathavenot beensold, the Values of such Assets shall be determined pursuant to subparagraph (b)of the definition of Value.

(iv)    Any Company Items ofincomeand gain (including any such items attributable to the disposition or deemed disposition of Assets pursuant to Section12.2(a)(iii)andthe ITC) forthe TaxableYear duringwhichthe distributionofliquidation proceeds occurs that have not been allocated pursuant to the Regulatory Allocations shall be allocated among the Members in such manner as to ensure that, to the greatest extent feasible,followingtheseallocations,thebalancesintheCapitalAccountsoftheMembers

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areexpectedtoresultindistributionspursuanttoSection12.2(a)(v)inaccordancewiththe following target liquidation distributions:

(A)    first,ifanyMember has anegative capital account balance, tosuchMembersinproportiontoandtotheextentofsuchnegativecapitalaccount balance;

(B)    second, if any portion ofthe ITCs are recaptured as a result of the liquidation, the effect of such recapture shall be taken into account in determining the allocation of any Company Items of income and gain;

(C)    third, if any Class A Member has not achieved the Class A Member Base Return, among the Members in an effort to set the Capital Account of each Class A Member, after taking into account the allocations set forth above, atalevelthatwillallowittoreachthe ClassAMemberBaseReturnasaresult of receiving the liquidating distributions;

(D)    fourth,ifitemsofincomeorgainareallocatedtosuchClass A Members pursuant to the first clause, then additional income or gain will be allocated to such Class A Members in an effort to set the Capital Account of such Class A Members at alevel that willupon liquidation eliminate any additional tax liability (determined using an assumed rate equal to the Highest Marginal Rate) resultingfromalloftheadditionalallocationsofincomeorgainsetforthinthefirst clause and this clause; and

(E)    thereafter, to the Members in accordance with the sharing ratios set forth in Section 5.1(a)(ii).

Notwithstanding the foregoing, in the event that the allocations set forth in this Section 12.2(a)(iv)result in either (i) the Class B Members failing to be allocated atleastonepercent(1%)or(ii)theClassAMembersfailingtobeallocatedatleast five percent (5%), of each material Company Item for the Taxable Year during which the distribution of liquidation proceeds occurs, Company Items shall be reallocated among the Class B Members and the Class A Members, to the extent necessary, to cause (x) the Class B Members to be allocated at least one percent (1%) and (y) the Class A Members to be allocated at least five percent (5%), of eachmaterialitemofgrossincome,gain,loss,deductionandcreditfortheTaxable Year during which the distribution of liquidation proceeds occurs.

(v)    After givingeffecttoallallocations(includingthoseunderSection4.2andSection12.2(a)(iv)),allpriordistributions(includingthoseunderSection5.1)and allCapitalContributions(includingthoseunderArticleIIIandSectionError!Referencesource not found.) for all periods, all remaining cash and property (including any Available Cash Flow and liquidation proceeds) shall be distributed to the Members in accordance with the positive balances in their Capital Accounts.

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(vi)    AnydistributiontotheMembersinrespectoftheirCapitalAccounts pursuant to this Section 12.2shall be made by the end of the Company Taxable Year in whichaLiquidatingEventoccurs(oriflater,withinninety(90)daysafterthedateofsuch Liquidating Event).

(b)    The distribution of cash or property to a Member in accordance with the provisions of this Section 12.2constitutes a complete return to the Member of its Capital Contributions and a complete distribution to the Member on account of its Membership Interest and all the Company’s property and constitutes a compromise to which all Members have consented pursuant to Section 18-502(b) of the Act.

12.3    DeficitCapitalAccounts.

(a)    IntheeventaClassAMember’sinterestsintheCompanyare“liquidated” within the meaning of Regulation § 1.704-1(b)(2)(ii)(g), if such Class A Member has a deficit Capital Account balance, calculated in each case in accordance with Section 12.2and the other provisionsofthisAgreementwithoutregardtosuchClassAMember’sobligationpursuanttothis Section 12.3(a)(provided, that to the extent disregarding such obligation in calculating such amountisinconsistentwithlaw,suchClassAMember’sobligationpursuanttothisSection12.3(a)shall be taken into account in such calculation), then such Class A Member shall be obligated to pay to the Company cash in an amount equal to such deficit balance by the end of the Taxable YearduringwhichtheliquidationoftheCompanyoccurs,oriflater,withinninety(90)daysafter the date of such liquidation; provided, however, that the restoration obligation of such Class A Membershall not be more than its Class A DRO Cap. Each Class A Member shall have the right with written consent of the Class B Members and written notice to the Company (the “DRONotice”), to elect to increase its Class A DRO Cap to the amount specified in such DRO Notice. Notwithstanding the foregoing, after such point in time at which the absolute value of a Class A Member’s deficit Capital Account equals its Class A DRO Cap, the Class A DRO Cap shall be adjusteddownward(butnotincreased)attheendofeachTaxableYeartoanamountequaltothe absolute value of the deficit (if any) in the Class A Member’s Capital Account at the end of such TaxableYear.NothingcontainedinthisAgreementshallobligatetheClassAMemberstoissuea DRO Notice. A DRO Notice given by a Class A Member pursuant hereto shall be deemed to constitute a duly adopted amendment to this Agreement without any further action by any party.

(b)    Notwithstanding any other provision of this Agreement to the contrary, upon liquidation of a Class B Member’s interest in the Company (whether or not in connection with a liquidation of the Company), no Class B Member shall have any liability to restore any deficit in its Capital Account. In addition, no allocation to any Class B Member of any loss, whether attributable to depreciation or otherwise, shall create any asset of or obligation to the Company,even ifsuch allocation reduces theCapital Account of any Class B Memberor creates orincreases a deficitinsuchCapitalAccount;itisalsothe intentof theClassBMembersthat no Class B Membershall be obligated to pay any such amount to or forthe account of the Company or any creditor of the Company. No creditor of the Company is intended as a third-party beneficiary of this Agreement nor shall any such creditor have any rights hereunder.

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12.4    Termination.

OncompletionofthesatisfactionofliabilitiesanddistributionofAssetsasprovidedinthis Agreement, the Managing Member or the liquidator (or such other Person or Persons as the Act mayrequireorpermit)shallfileacertificateofcancellationwiththeSecretaryofStateoftheState ofDelawareandcancelanyotherfilingsmadeasprovidedinSection2.1,andshalltakesuchother actions as may be necessary to terminate the existence of the Company. Upon the filing of such certificateofcancellation,theexistenceoftheCompanyshallterminate.Allcostsandexpensesin fulfilling the obligations under this Section 12.4shall be borne by the Company.

ARTICLE XIII

GENERALPROVISIONS

13.1    Offset.

From and after the Flip Date, whenever the Company is to pay any sum to any Member, anyamountsthenowedbysuchMembertotheCompanymaybedeductedfromsuchsumbefore payment.

13.2    Notices.

All notices, consents, demands, requests or other communications which may be or are required to be given under this Agreement shall be in writing and shall (a) be sent by overnight courier,messenger,facsimileorbyelectronicmailwhenconfirmedbyareplyelectronicmailfrom the recipient, or United States mail, addressed to the recipient, postage paid, and registered or certified, return receipt requested, or delivered to the recipient in person, (b) be sent or delivered at the addresses set forth on the signature page of this Agreement or such other address as a Membermayspecifyby noticetotheCompanyandtheotherMembers,or(c)beMadeAvailable intheDataRoom.Anynotice,requestorconsenttotheCompanymustbegiventotheManaging Member. Notices, consents, demands, requests and other communications shall be deemed effective or served on the date of receipt. The use of the phrase “the date of” when referring to noticesdeliveredunderthisAgreementmeansthedateofreceiptofsuchnoticeinaccordancewith this Section 13.2.

13.3    Counterparts.

ThisAgreementmaybeexecutedinoneormorecounterparts,eachbearingthesignatures of one or more Members. Each such counterpart shall be considered an original and all of such counterpartsshallconstituteasingleagreementbindingallthepartiesasifallhadsignedasingle document.DeliveryofanexecutedcounterpartofasignaturepageofthisAgreementbyfacsimile or other electronic transmission shall be effective as delivery of a manually executed counterpart of this Agreement.

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13.4    GoverningLaw andSeverability.

This Agreement shall be construed, interpreted and enforced in accordance with the internal laws and decisions oftheStateofDelawarewithout giving effect to any choiceoflawor conflictoflawrulesorprovisionsofanyotherstateorjurisdictionthatwouldcausetheapplication ofthelawsofanyjurisdictionotherthantheStateofDelaware.IfanyprovisionofthisAgreement shall becontraryto any otherApplicable Law, at thepresent timeorin the future, such provision shall be deemed null and void, butthis shall not affect the legality of the remaining provisions of this Agreement. This Agreement shall be deemed to be modified and amended so as to be in compliancewithApplicableLawandthisAgreementshallthenbeconstruedinsuchawayaswill best serve the intention of the Parties at the time of the execution of this Agreement.

13.5    EntireAgreement.

ThisAgreement,includinganySchedulesandExhibits,togetherwiththeotherTransaction Documents, constitutes the entire agreement among the Members regarding the terms and operations of the Company, except as amended in writing pursuant to the requirements of this Agreement,andsupersedesallpriorandcontemporaneousagreements,statements,understandings and representations of the Parties.

13.6    EffectofWaiverorConsent.

A waiver or consent, express or implied, to or of any breach or default by any Person in the performance by that Person of its obligations under this Agreement, or any Transaction Document is not a consent or waiver to or of any other breach or default in the performance by that Person of the same or any other obligations of that Person under this Agreement, or any Transaction Document. Failureon thepartof aPerson to complain ofany act ofany Personorto declare any Person in default with respect to its obligations under this Agreement, or any TransactionDocument,irrespectiveofhowlongthatfailurecontinues,doesnotconstituteawaiver by that Person of its rights with respect to that default until the applicable statute of limitations period has run.

13.7    AmendmentorModification.

Except as otherwise provided herein, this Agreement may be amended or modified from time to time only by a written instrument executed by all Members.

13.8    PartiesinInterest.

Subject to the restrictions on Transfers set forth in this Agreement, this Agreement is binding on and inures to the benefit of the Members and their respective legal representatives, successors and permitted assigns, and nothing in this Agreement, express or implied, is intended to confer upon any other Person any rights or remedies of any nature whatsoever under or by reason of this Agreement.

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13.9    FurtherAssurances.

InconnectionwiththisAgreementandthetransactionscontemplatedhereby,eachMember shall execute and deliver any additional documents and instruments and perform any additional acts that may be necessary or appropriate to effectuate and perform the provisions of this Agreement and those transactions contemplated here, including all filing, recording, publishing and other acts appropriate to comply with all requirements for the operation of a limited liability company under the laws of all jurisdictions where the Company shall conduct business.

13.10    Jurisdiction.

The Parties agree to submit to the exclusive jurisdiction of the courts of the State of Delaware, the Supreme Court of the State of New York and the Federal District Court located in the Borough of Manhattan, State of New York, and any court of appeal from any such court, in connectionwithanyactionorotherproceedingrelatingtothisAgreementorthetransactions contemplatedbythePurchaseAgreement.EachPartyirrevocablywaivesandagreesnottomake, to the fullest extent permitted by Applicable Law, any objection which it may now or hereafter havetothejurisdictionofanysuchcourtortothelayingofvenueofanysuchactionorproceeding brought in any such court and any claim that any such action or proceeding brought in any such court has been brought in an inconvenient forum.

(SIGNATUREPAGESFOLLOW)

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INWITNESSWHEREOF,thePartiesheretohaveexecutedthisAgreementasofthedate first written above.

Class B Member:

PRAIRIECLASSBLLC

By:
Name:
Title:

AddressforNotices:

Prairie Class B LLC

c/oMN8EnergyLLC

1155AvenueoftheAmericas,27thFloor

New York, NY 10036

Attn:Legal

Email:notices@mn8energy.com

Attn:

Email:

SIGNATUREPAGETOLIMITEDLIABILITYCOMPANYAGREEMENT

OF PRAIRIE BX LLC


ClassAMember:

LONGPOINTPRAIRIECLASSA,LLC

By:
Name:
Title:

AddressforNotices:

345ParkAvenue,31stFloor

New York, NY 10154

Attn:ZacharyRubenstein;JamesDiversi;JudsonFinnegan

E-mail:Zachary.Rubenstein@Blackstone.com;James.Diversi@Blackstone.com; Judson.Finnegan@Blackstone.com

Credit-USPrivateCoordination@Blackstone.com

SIGNATUREPAGETOLIMITEDLIABILITYCOMPANYAGREEMENT

OF PRAIRIE BX LLC


EXHIBITA

[Omitted.]

Exhibit A

LLC AGREEMENT (PRAIRIE BX LLC)


EXHIBITB

MEMBERS;INITIALCAPITALACCOUNTBALANCES

[Omitted.]

Exhibit B

LLC AGREEMENT (PRAIRIE BX LLC)


EXHIBITC

FormofLimitedLiabilityCompanyInterestCertificate

[Omitted.]

Exhibit C

LLC AGREEMENT (PRAIRIE BX LLC)


INSTRUMENTOFTRANSFEROF

MEMBERSHIP INTEREST IN

[Omitted.]

Exhibit C

LLC AGREEMENT (PRAIRIE BX LLC)


EXHIBITD

FormofAssignmentAgreement

[Omitted.]

Exhibit D

LLC AGREEMENT (PRAIRIE BX LLC)


EXHIBITE

InitialApprovedBudget

[Omitted.]

Exhibit E

LLC AGREEMENT (PRAIRIE BX LLC)


EXHIBIT F-1

FromofOperatingReport

[Omitted.]

Exhibit F-1

LLC AGREEMENT (PRAIRIE BX LLC)


EXHIBIT F-2

FromofDistributionDateReport

[Omitted.]

Exhibit F-2

LLC AGREEMENT (PRAIRIE BX LLC)


EXHIBIT G-1

FormofIndependentEngineer’sMechanicalCompletionCertificate

[Omitted.]

Exhibit G-1

LLC AGREEMENT (PRAIRIE BX LLC)


EXHIBIT G-2

FormofIndependentEngineer’sSubstantialCompletionCertificate

[Omitted.]

Exhibit G-2

LLC AGREEMENT (PRAIRIE BX LLC)


EXHIBIT H-1

FormofBeginningofConstructionCertificate

[Omitted.]

Exhibit H-1

LLC AGREEMENT (PRAIRIE BX LLC)


EXHIBIT H-2

FormofBeginningofConstructionBring-DownCertificate

[Omitted.]

Exhibit H-2

LLC AGREEMENT (PRAIRIE BX LLC)


EXHIBIT I-1

[Reserved]

Exhibit I-1

LLC AGREEMENT (PRAIRIE BX LLC)


EXHIBIT I-2

[Reserved]

Exhibit I-2

LLC AGREEMENT (PRAIRIE BX LLC)


EXHIBIT J-1

FormofEnergyCommunityCertificate

Exhibit J-1

LLC AGREEMENT (PRAIRIE BX LLC)


EXHIBIT J-2

FormofEnergyCommunityBring-DownCertificate

Exhibit J-2

LLC AGREEMENT (PRAIRIE BX LLC)


EXHIBIT K

FormofEstoppelCertificates

Exhibit K

LLC AGREEMENT (PRAIRIE BX LLC)


EXHIBIT L

[Reserved]

Exhibit L

LLC AGREEMENT (PRAIRIE BX LLC)


EXHIBIT M-1

[Reserved]

Exhibit M-1

LLC AGREEMENT (PRAIRIE BX LLC)


EXHIBIT M-2

[Reserved]

Exhibit M-2

LLC AGREEMENT (PRAIRIE BX LLC)


EXHIBIT N

FormofPayoffLetter

Exhibit N

LLC AGREEMENT (PRAIRIE BX LLC)


Schedule 1

LLC AGREEMENT (PRAIRIE BX LLC)


Schedule 2

LLC AGREEMENT (PRAIRIE BX LLC)


Schedule 3

LLC AGREEMENT (PRAIRIE BX LLC)


Schedule 5.1(a)(i)(A)

LLC AGREEMENT (PRAIRIE BX LLC)


Schedule 5.1(a)(i)(B)

LLC AGREEMENT (PRAIRIE BX LLC)


Schedule 5.1(b)

LLC AGREEMENT (PRAIRIE BX LLC)


Schedule 6.8

LLC AGREEMENT (PRAIRIE BX LLC)


Schedule 1

PURCHASE AGREEMENT (PRAIRIE BX LLC)


Exhibit A - 173 PURCHASE AGREEMENT

EXHIBIT C

INTERPARTYAGREEMENT


CONSENTANDAGREEMENT

This CONSENT AND AGREEMENT (as amended, amended and restated, supplementedorotherwisemodifiedfromtimetotime,this“Consent”),datedasofNovember 3, 2025, is executed by and among LONGPOINT PRAIRIE CLASS A, LLC, a Delaware limited liability company (together with its successors, designees and assigns, “ContractingParty”), PRAIRIE CLASS B LLC, a Delaware limited liability company (“Class BMember”),MN8BLEEKER2LLC,aDelawarelimitedliabilitycompany(“OpCoBorrower2”), MN8 DEVCO 3 LLC, a Delaware limited liability company (“DevCo Borrower” and togetherwiththeOpCoBorrower2andMN8FMGClassBLLC(“OpCoBorrower1”),each, a“Borrower”andtogether,the“Borrowers”)andNATIXIS,NEWYORKBRANCH,inits capacity as the collateral agent (together with its successors, designees and assigns, in such capacity, “Collateral Agent”) for the Secured Parties (as defined in the Credit Agreement described below, the “Secured Parties”).Capitalized terms used but not otherwise defined hereinshallhavetherespectivemeaningsascribedtosuchtermsintheCreditAgreement(as defined below).

RECITALS

A.    OpCoBorrower2isthesoleownerofonehundredpercent(100%)oftheClass B Member;

B.    ClassBMemberisthesoleownerofonehundredpercent(100%)oftheClass B Units in Prairie BX LLC a Delaware limited liability company (“Company”), and Contracting Party is the sole owner of one hundred percent (100%) of the Class A Units in Company. Upon the MC Funding Date (as defined in the Assigned Agreement, as defined below)pursuanttothatcertainPurchaseAgreement,datedasofthedatehereof(asamended, amendedandrestated,supplemented or otherwisemodifiedfromtimetotime, the “PurchaseAgreement”),by and between Company and DevCo Borrower (“Seller”), Company will purchasefromSellerandthereafterwillownPrairieSolar1,LLC,Delawarelimitedliability company (the “Project Company”), which owns, is constructing and will operate an approximately 183 MW(dc) solar generating facility located in Champaign County, Illinois (the “Project”);

C.    The Borrowers have entered into that certain Credit Agreement, dated as of December31,2024,asamendedbythatcertainFirstAmendmenttoCreditAgreement,dated asofMay6,2025,thatcertainSecondAmendmenttoCreditAgreement,datedJune12,2025, thatcertainConsentandOmnibusAmendment,datedasofJune13,2025,thatcertainConsent and Amendment, dated as of June 23, 2025, that certain Release, Joinder, Consent and Fifth Amendment,datedasofJuly9,2025,thatcertainConsentandSecondOmnibusAmendment, dated as of August 27, 2025, that certain Seventh Amendment and Consent to Credit Agreement, dated as of September 2, 2025, and that certain Waiver Number 2 and Eighth Amendment to Credit Agreement, dated as of October 14, 2025] (as further amended, amendedandrestated,supplementedorotherwisemodifiedfromtimetotime,the“Credit Agreement”), with the financial institutions from time to time party thereto as lenders and issuing banks (collectively, the “Lenders”), Natixis, New York Branch, in its capacity as administrative agent for the Lenders (the “Administrative Agent”), Collateral Agent, and the other agents and persons party thereto,

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pursuant to which, among other things, the Lenders thereunderhaveagreedtoextendfinancingtotheBorrowerswithrespecttothedevelopment, construction, ownership, operation and maintenance of the Project.

D.    ClassBMemberandContractingPartyhaveenteredintothatcertainAmended andRestatedLimitedLiabilityCompanyAgreementofCompany,datedasofthedatehereof (as amended, amended and restated, supplemented or otherwise modified from time to time, the “Assigned Agreement”).

E.    As a condition to the extension of credit under the Credit Agreement, the Project Company, the Borrowers, the Company, the Class B Member and the other Grantors party thereto have entered into that certain Guaranty, Pledge and Security Agreement, dated as of December 31, 2024, as amended by that certain Consent and Second Omnibus Amendment, dated as of August 27, 2025, with Administrative Agent and Collateral Agent (as amended, amended and restated, supplemented or otherwise modified from time to time, the “Security Agreement”)

F.    As a condition to the extension of credit under the Credit Agreement, MN8 Energy Development Company LLC, a Delaware limited liability company (“DevcoPledgor”) has entered into that certain Pledge Agreement, dated as of December 31, 2024, with Collateral Agent (as amended, amended and restated, supplemented or otherwise modifiedfromtimetotime,the“DevCoPledgeAgreement”),MN8Bleeker2HoldCoLLC, aDelawarelimitedliabilitycompany(“OpCo2Pledgor”)hasenteredintothatcertainPledge Agreement, dated as of July 9, 2025, with Collateral Agent (as amended, amended and restated, supplemented or otherwise modified from time to time, the “OpCo 2 PledgeAgreement” and, together with the Security Agreement and the DevCo Pledge Agreement, the“SecurityDocuments”),pursuanttowhich,amongotherthings,(A)theProjectCompany hascollaterallyassignedandgrantedtoCollateralAgentforthebenefitoftheSecuredParties a first-priority security interest in all of the Project Company’s assets until the SC Funding Date (collectively, the “Project CompanyAssigned Collateral Interests”); (B) the Company hascollaterallyassignedandgrantedtoCollateralAgentforthebenefitoftheSecuredParties a first-priority security interest in all of the Company’s assets, including the Company’s membership interests in the Project Company until the SC Funding Date (collectively, the “Company Assigned Collateral Interests”); (C) OpCo Borrower 2 has collaterally assigned and granted to Collateral Agent for the benefit of the Secured Parties a first-priority security interest in all of OpCo Borrower 2’s assets (collectively, the “OpCo Borrower 2 AssignedCollateralInterests”),(D)ClassBMemberhascollaterallyassignedandgrantedtoCollateral Agent for the benefit of the Secured Parties a first-priority security interest in all of Class B Member’s assets, including its rights, title and interest in, to and under the Assigned Agreement(collectively,the“ClassBMemberAssignedCollateralInterests”)and(E)OpCo 2PledgorhascollaterallyassignedtoCollateralAgentforthebenefitoftheSecuredPartiesa first-priority security interest in all of Pledgor’s membership interests in OpCo Borrower 2 (the “OpCo Borrower 2 Parent Assigned Collateral Interests” and, together with the Project CompanyAssignedCollateralInterests,CompanyAssignedCollateralInterests,OpCo Borrower 2 Assigned Collateral Interests and the Class B Member Assigned Collateral Interests, the “Assigned Collateral Interests”), in each case as collateral security for

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satisfaction of all Obligations (as defined in the Credit Agreement) under the Credit Documents (as used herein, as defined in the Credit Agreement).

G.    It is a requirement under the Assigned Agreement and the Credit Agreement andtheotherCreditDocumentsthatContractingPartyandtheotherpartiesheretoshallhave executed this Consent.

AGREEMENT

NOW THEREFORE, in consideration of the foregoing and the mutual agreements contained herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, and intending to be legally bound, the parties hereto herebyagree,notwithstandinganythingtothecontraryintheAssignedAgreement,asfollows:

1.    ConsentandAgreement.Contracting Party:

(a)    acknowledges and consents in all respects to the assignment of the Assigned Collateral Interests as collateral security to Collateral Agent, for the benefit of the Secured Parties, pursuant to the Credit Documents and the terms hereof;

(b)    acknowledges the right (but not the obligation) of Collateral Agent in the exercise of its rights and remedies under the Credit Agreement and the other Credit Documents,uponnoticetoContractingPartythatanEventofDefault(asdefinedintheCredit Agreement) has occurred and is continuing under the Credit Agreement (an “EnforcementAction Notice”), to cure any defaults of Class B Member, and make all demands, give all notices, take all actions, and exercise all rights of Class B Member under the Assigned Agreement,andContractingPartyagreestoacceptanysuchexerciseinaccordancewithand subject to the terms and conditions of this Consent and the Assigned Agreement; and

(c)    agrees not to terminate the Assigned Agreement other than in accordance with Section 5 hereof.

2.    Acknowledgements.Each of OpCo Borrower 2, Class B Member and CollateralAgentacknowledgesandagreesthat(1)ContractingPartyisauthorizedtoperform its obligations under the Assigned Agreement upon Collateral Agent exercising its rights underthisConsentinaccordancewithandsubjecttothetermsandconditionsofthisConsent and the Assigned Agreement, and that Contracting Party shall not bear any liability to Class B Memberor Collateral Agent in connection therewith and (2) if the Collateral Agent provides any written notice of a Default or Event of Default to OpCo Borrower 2, the Collateral Agent shall promptly provide a copy of such notice to the Contracting Party, and, at any time after the MC Funding Date and prior to the SC Funding Date, the Contracting Party shall have the right, but not the obligation, to cure any such default on behalf of OpCo Borrower 2 and the Project Company during any applicable cure period provided under the Credit Agreement or any other applicable Credit Document, plusa period of (i) five (5) Business Days for a payment related Default or Event of Default and (ii) thirty (30) days for anynon-paymentrelatedDefaultorEventofDefault,ineachsuchcase,followingthelaterof the date such Default or Event of Default has

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been notified to the Contracting Party and the expirationdateofanysuchcureperiodavailabletoOpCoBorrower2ortheProjectCompany under the Credit Documents, during which period the Collateral Agent and Secured Parties shallrefrainfromconsummatinganyforeclosureremediesontheProjectCompanyAssigned CollateralInterestsandCompanyAssignedCollateralInterests;providedthat,suchcureright may not be exercised more than two (2) times.

3.    InitialTransferee.

(a)    Notwithstanding anything to the contrary in the Assigned Agreement, Contracting Party agrees that, if Collateral Agent delivers an Enforcement Action Notice to Contracting Party and notifies Contracting Party in writing that Collateral Agent has elected to exercise its rights and remedies pursuant to the Credit Documents with respect to the foreclosure(whetherjudicialornonjudicial)orsaleoftheOpCoBorrower2ParentAssigned Collateral Interests (or any portion thereof), OpCo Borrower 2 Assigned Collateral Interests (or any portion thereof) or Class B Member Assigned Collateral Interests (or any portion thereof),thenCollateralAgentoritsnominee,transferee,designeeorassignee,includingany purchaserintheforeclosureorsaleinlieuthereof(suchPerson,the“InitialTransferee”)shall, provided that (i) such Initial Transferee is a Qualified Transferee (provided that (1) such requirement shall not apply if the Initial Transferee is the Collateral Agent and (2) a Person that is owned and controlled by the Collateral Agent (or the other Secured Parties) shall be deemed to satisfy the requirements of the definition of “Qualified Transferee” so long as it satisfiestherequirementdescribedinclause(a)ofthedefinitionof“QualifiedTransferee”or hasretainedaPersonwiththeexperiencedescribedinclause(a)ofthedefinitionof“Qualified Transferee”toprovidethemanagementservicesrequiredoftheManagingMemberpursuant totheAssignedAgreement)and(ii)theTransferProtectionConditionsaresatisfied(provided that (1) the requirements set forth in Section 9.3(g)(iii) of the Assigned Agreement shall not applyiftheInitialTransfereeistheCollateralAgentoraPersonthatisownedandcontrolled by the Collateral Agent (or the other Secured Parties) or if the Initial Transferee has a credit rating described in clause (b)(i) of the definition of “Qualified Transferee” or has a consolidatedtangiblenetworthunderGAAPofatleast$500,000,000;provided,further,that, to the extent a replacement guaranty is required to be provided, such replacement guaranty shall not be required to cover any obligations for claims of Contracting Party against the Guarantorarisingduringorrelatingtotheperiodpriortotheforeclosureorsaleinlieuthereof, (2)therequirementssetforthinSection9.3(g)(ii)oftheAssignedAgreementshallbedeemed satisfied upon delivery to the Contracting Party of a copy of the membership interest certificate representing the Class B Units that have been pledged by the Class B Member pursuanttotheSecurityAgreementandacopyofanexecutedtransferpowereffectuatingthe transfer to the Initial Transferee, and (3) any payment of expenses required under Section 9.3(h) of the Assigned Agreement shall be deemed satisfied if such amount is paid by the TransferringMemberortheTransferee),totheextentsuchtransferisoftheClassBMember Assigned Collateral Interests (or any portion thereof), be substituted for Class B Member under the Assigned Agreement, including as the Managing Member thereunder and Contracting Party shall recognize the Initial Transferee as the applicable counterparty under the Assigned Agreement and, such transfer shall be deemed permitted under the Assigned Agreement,andtheContractingPartyshallcontinuetoperformitsobligationsunderthe Assigned Agreement in accordance with and subject to the terms and conditions of the Assigned

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LLCA CONSENT

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Agreement; provided, however, that, subject toclause (2) of the proviso in Section 3(a)(ii) hereof, to the extent such transfer is of the Class B Member Assigned Collateral Interests, the Initial Transferee has assumed in writing all of Class B Member’s rights and obligations under the Assigned Agreement (the date of such assumption, the “AssumptionDate”); providedthat, such assumption of rights and obligations shall not include the assumption of any liabilities for claims of Contracting Party against Class B Member arising duringorrelatingtotheperiodpriortotheInitialTransferee’ssuccessiontoClassBMember’s interestinandundertheAssignedAgreementandthisConsent.Fromandafterdeliveryofan EnforcementActionNoticeand,ifapplicable,theoccurrenceoftheAssumptionDate,(a)the conditionssetforthinSection 3.7(j)oftheAssignedAgreementshallceasetoapply,and(b) references to the Guarantor in clause (i) Section 3.7(e) and clause (i) of Section 3.8(c) shall bedeemedtorefertotheInitialTransferee(oritsguarantor).Fortheavoidanceofdoubt,any subsequent transfer of the Class B Member Parent Assigned Collateral Interests or Class B Member Assigned Collateral Interests by an Initial Transferee shall be subject to the terms and conditions of the Assigned Agreement, including Section 9.2 thereof.

(b)    The Initial Transferee shall not be liable for any breach or indemnity under the Assigned Agreement occurring or relating to the period prior to the Assumption Date or any breach by the Guarantor (as defined in the Assigned Agreement) under the Guaranty(asdefinedintheAssignedAgreement),whetherarisingpriortoorafterCollateral Agent’sdeliveryoftheEnforcementActionNotice;provided,however,thatCollateralAgent hereby agrees that the foregoing language shall have no effect on Contracting Party’s rights underSection5.4oftheAssignedAgreement(SatisfactionofCertainObligationsoftheClass B Members to the Class A Members) as it relates to indemnity claims arising during or otherwise relating to the period prior to or after any transfer or assignment to Initial Transferee.

4.    BuyoutEventandManagingMemberProvisions.

(a)    NotwithstandinganythingtothecontrarysetforthinSection 9.6(BuyoutEvents)oftheAssignedAgreement,if,priortotheconsummationofany exercise by Contracting Party of its rights under Section 9.6 (Buyout Events) of the Assigned Agreement in respect of the Class B Interest (as defined in the Assigned Agreement) as a result of a Buyout Event (as defined in the Assigned Agreement) occurring under Section 9.6 (Buyout Events) of the Assigned Agreement, Collateral AgenthasdeliveredwrittennoticetoContractingPartyofCollateralAgent’sintention toexerciseitsrightsunderSection3,CollateralAgentshallhavetherighttoexercise itsrightsunderSection3priortoContractingPartyexercisingitsrightsunderSection 9.6(BuyoutEvents)oftheAssignedAgreement(anduponsuchexercise,suchBuyout Event shall be deemed to be cured).

(b)    NotwithstandinganythingtothecontrarysetforthinSection 6.3(ResignationandRemovalofManagingMember)oftheAssignedAgreementand subject to Section 4(c)below, (i) prior to the removal of Class B Member as the Managing Member under the Assigned Agreement, Collateral Agent shall have the righttoexerciseitsrightsunderSection3priortotheContractingParty’sreplacement ofClassBMember

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LLCA CONSENT

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astheManagingMemberundertheAssignedAgreement;and(ii) inthecaseofadirectorindirectforeclosureonortransferoftheClassBInterest,the Initial Transferee shall have the right to become (or in the case of an indirect foreclosure or transfer, cause the Class B Member to be reinstated as) the Managing Member under the Assigned Agreement subject to Section 3, so long as such Initial Transferee satisfies the requirements described in clause (a) of the definition of “QualifiedTransferee”orhasretainedaPersonwiththeexperiencedescribedinclause (a) of the definition of “Qualified Transferee” to provide the management services required of the Managing Member pursuant to the Assigned Agreement) and without the need for election by any other Members, or the consent of the removed Member; provided, however, that, in each case,such Initial Transferee has cured anybreach of the Assigned Agreement that triggered Contracting Party’s right to replace the Managing Member, solely to the extent that such event is reasonably capable of cure by such Initial Transferee.

(c)    IfContractingPartyintendstoexerciseanyofitsrightsdescribedinSection 6.3 (Resignation and Removal of Managing Member) or Section 9.6 (Buyout Events) of the Assigned Agreement, Contracting Party shall provide written notice of such intent (the “Notice of Intent”) to Collateral Agent, and Collateral Agent shall notify Contracting Party within thirty (30) days of receipt of the Notice of Intent that it has orwillwithintheninety(90)daysafterreceiptoftheNoticeofIntentfromContracting Party, initiate foreclosure (or similar) proceedings. Provided that Collateral Agent initiatessuchproceedingswithinsuchninety(90)dayperiod(or,ifanycourtorderor commencement of such stay, injunction or bankruptcy or insolvency proceeding prevents Collateral Agent from initiating its foreclosure (or similar) remedies, such ninety (90) day period as extended on a day-for-day basis for any day during which Collateral Agent is so prevented from initiating its foreclosure (or similar) remedies foruptoamaximumaggregateperiodofonehundredandeighty(180)daysafterthe receipt of Notice of Intent)),and so long as Collateral Agentisdiligentlypursuingits foreclosure (or similar) proceedings during such period, Contracting Party will not exercise its removal rights under Section 6.3 (Resignation and Removal of Managing Member) of the Assigned Agreement or its buyout rights under Section 9.6 (Buyout Events) of the Assigned Agreement.

5.    Replacement Agreement.Contracting Party hereby agrees that, in the event that the Assigned Agreement is rejected or terminated as a result of any bankruptcy or insolvencyorsimilarproceedinginvolvingClassBMemberortheCompanyand,ifaftersuch rejectionortermination,CollateralAgentshallsorequest,ContractingPartyshallexecuteand deliver to Collateral Agent a new agreement (the “Replacement Agreement”), pursuant to whichContractingPartyshallagreetoperformtheobligationscontemplatedtobeperformed byContractingPartyundertheAssignedAgreementandwhichshallbeforthebalanceofthe remaining term under the Assigned Agreement before giving effect to such rejection or termination and shall contain the same conditions, agreements, terms, provisions and limitationsastheAssignedAgreement(exceptforanyrequirementswhichhavebeenfulfilled by Class B Member or Contracting Party prior to such rejection or termination and any conforming changes necessitated by the substitution of parties).

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LLCA CONSENT

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6.    No Liability.Contracting Party acknowledges and agrees that neither Collateral Agent nor the Secured Parties (nor any successor(s), assignee(s), designee(s), nor other representative of Collateral Agent or the Secured Parties) shall have any liability or obligationundertheAssignedAgreementasaresultofexercisingitsrightsunderthisConsent (other than as Initial Transferee under Section 3, if applicable), the Credit Agreement or any other Credit Document, nor shall Collateral Agent nor the Secured Parties (nor any successor(s), assignee(s), designee(s), nor other representative of Collateral Agent or the SecuredParties),beobligatedorrequiredtoperformanyoftheClassBMember’sobligations under the Assigned Agreement, except in each case during any period in which Collateral Agent has elected to become the Initial Transferee with respect to the Class B Assigned Collateral Interests (or any portion thereof) pursuant to Section 3(in which case the Initial Transferee shall assume in writing all of the Class B Member’s rights and obligations under the Assigned Agreement in accordance with Section 3) or a counterparty to a Replacement Agreement under Section 6. In the event Collateral Agent assumes or becomes liable as contemplated by Section 3 or otherwise, the Collateral Agent’s liability under the Assigned Agreement shall be limited to the Collateral Agent’s interest in the Project.

7.    Representations and Warranties.Contracting Party hereby represents and warrants to Borrowers, Class B Member and Collateral Agent as of the date of this Consent that:

(a)    ContractingPartyisalimitedliabilitycompanydulyorganized,validly existing and in good standing under the laws of the jurisdiction of its formation and has the requisite power and authority to execute, deliver and perform its obligations under the Assigned Agreement and this Consent;

(b)    The execution, delivery and performance by Contracting Party of the Assigned Agreement and this Consent (i) have been duly authorized by all necessary limited liability company action, (ii) do not and will not require any further consents or approvals which have not been obtained, (iii) do not violate any applicable law, regulation, order, judgment or injunction and (iv) do not breach any agreement presently in effect with respect to or binding on Contracting Party except (in the case of clauses (ii) - (iv)) for any breaches that would not reasonably be expected to have a material adverse effect on the ability of ContractingPartytoperformitsobligationsunderthisConsentandtheAssignedAgreement;

(c)    ThisConsentandtheAssignedAgreementarelegal,validandbinding obligations of Contracting Party, enforceable against Contracting Party in accordance with theirrespectivetermsexceptasenforceabilitymaybelimitedbybankruptcy,reorganization, insolvency,moratoriumandotherlawsaffectingcreditors’rightsingeneralandexcepttothe extentthattheavailabilityofequitableremediesissubjecttothediscretionofthecourtbefore which any proceeding therefor may be brought; and

(d)    TherearenodisputesbetweenClassBMemberandContractingParty with respect to the Assigned Agreement.

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8.    Notices. Any communications between the parties hereto or notices provided herein to be given, may be given to the following addresses:

If to Contracting Party: Longpoint Prairie Class A, LLC,345 Park Avenue, 31stFloorNew York, NY 10154Attn: Zachary Rubenstein; Judson FinneganE-mail: [***]; [***];Credit-USPrivateCoordination@Blackstone.com
If to Collateral Agent: Natixis, New York Branch, as Administrative Agent 1251 Avenue of the Americas, 5th Floor New York, NY 10020 Attention: Hana Beckles Email: adminagency@natixis.com
If to OpCo Borrower 2: MN8 DevCo 3 LLC 1155 Avenue of the Americas 27th Floor, New York, NY 10036 Attention: General Counsel Email: notices@mn8energy.com
With copy to:
MN8 Energy LLC 1155 Avenue of the Americas 27th Floor, New York, NY 10036 Attention: General Counsel Email: notices@mn8energy.com
If to DevCo Borrower: MN8 Bleeker LLC 1155 Avenue of the Americas 27th Floor, New York, NY 10036 Attention: General Counsel Email: notices@mn8energy.com
With copy to:
MN8 Energy LLC 1155 Avenue of the Americas 27th Floor, New York, NY 10036 Attention: General Counsel Email: notices@mn8energy.com

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If to Class B Member: Prairie Class B LLC 1155 Avenue of the Americas 27th Floor, New York, NY 10036 Attention: General Counsel Email: notices@mn8energy.com
With copy to:
MN8 Energy LLC 1155 Avenue of the Americas 27th Floor, New York, NY 10036 Attention: General Counsel Email: notices@mn8energy.com

All notices or other communications required or permitted to be given hereunder shall be in writing and shall be considered as properly given (a) if delivered in person, (b) if sent by overnight delivery service, (c) in the event overnight delivery services are not readily available, if mailed by first class mail, postage prepaid, registered or certified with return receiptrequested,(d)ifsentbytelecopy,confirmedbytelephone,or(e)ifsentbyemail,with receipt of an affirmative email response.Notice so given shall be effective upon receipt by the addressee, except that communication or notice so transmitted by telecopy or email shall be deemed to have been validly and effectively given on the day (if a Business Day and, if not,onthenextfollowingBusinessDay)onwhichitistransmittediftransmittedbefore4:00 p.m., recipient’s time, and if transmitted after that time,on the next following Business Day; provided, however, that if any notice is tendered to an addressee and the delivery thereof is refused by such addressee, such notice shall be effective upon such tender.Any party shall have the right to change its address for notice hereunder by providing thirty (30) days’ prior written notice to the other parties in the manner set forth herein above.

9.    Binding Effect; Amendments; Termination. This Consent shall be binding upon and shall inure to the benefit of the successors and permitted transferees and assigns of Contracting Party, OpCo Borrower 2, DevCo Borrower, Class B Member, Collateral Agent and the Secured Parties; providedfurther that, Contracting Party’s rights and obligations hereunder shall automatically transfer to any successor or permitted transferee or assign of Contracting Party under the Assigned Agreement and Collateral Agent’s rights and obligations hereunder shall automatically transfer to any successor or permitted transferee or assignofCollateralAgentundertheCreditAgreement;providedfurtherthat,withrespectto any Transfer by Contracting Party of its Class A Units under the Assigned Agreement, ContractingPartyshallcausethetransfereeorassigneetoexecuteanaccessionagreementin theformofExhibitAattachedhereto.Notermination,amendment,variationorwaiverofany provisionsofthisConsentshallbeeffectiveunlessinwritingandsignedbyContractingParty, Collateral Agent, OpCo Borrower 2, DevCo Borrower and Class B Member; providedthat this Consent and all rights and obligations

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of the Contracting Party, the Collateral Agent and the Secured Parties hereunder shall automatically terminate upon the Discharge Date.

10.    Governing Law.THIS CONSENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER SHALL BE CONSTRUED IN ACCORDANCEWITHANDBEGOVERNEDBYTHELAWSOFTHESTATEOFNEW YORK (WITHOUT GIVING EFFECT TO THE PRINCIPLES THEREOF RELATING TO CONFLICTS OF LAW EXCEPT SECTIONS 5-1401 AND 5-1402 OF THE NEW YORK GENERALOBLIGATIONSLAW).THEPARTIESHERETOHEREBYSUBMITTOTHE NONEXCLUSIVE JURISDICTION OF THE UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF NEW YORK AND OF ANY NEW YORK STATE COURT SITTING IN NEW YORK COUNTY FOR THE PURPOSES OF ALL LEGAL PROCEEDINGS ARISING OUT OF OR RELATING TO THIS CONSENT OR THE TRANSACTIONS CONTEMPLATED HEREBY.EACH OF PARTIES HERETO IRREVOCABLY CONSENTS TO THE SERVICE OF PROCESS OUT OF ANY OF THE AFOREMENTIONED COURTS IN ANY SUCH ACTION OR PROCEEDING BY THE MAILING OF COPIES THEREOF BY REGISTERED OR CERTIFIED MAIL AT ITS NOTICEADDRESSPROVIDEDPURSUANTTOSECTION9HEREOF.EACHOFTHE PARTIES HERETO IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY LAW, ANY OBJECTION WHICH IT MAY NOW OR HEREAFTER HAVE TO THE LAYING OF THE VENUE OF ANY SUCH PROCEEDING BROUGHT IN SUCH A COURT AND ANY CLAIM THAT ANY SUCH PROCEEDING BROUGHT IN SUCH A COURT HAS BEEN BROUGHT IN AN INCONVENIENT FORUM.

EACHOFTHEPARTIESHERETOHEREBYIRREVOCABLYWAIVES,TOTHE FULLEST EXTENT PERMITTED BY LAW, ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY ACTION, LEGAL PROCEEDING OR COUNTERCLAIM ARISING OUT OFORRELATINGTOTHISCONSENTORTHE TRANSACTIONSCONTEMPLATED HEREBY.

11.    Forbearance.

(a)    At any time after the MC Funding Date and prior to the SC Funding Date, the Collateral Agent hereby acknowledges and agrees that as a condition precedent to exercising any foreclosure remedies in respect of any Event of Default (as defined in the Credit Agreement) under the Credit Documents with respect to the assets of the Company (other than any Collateral Account or assets held therein), assets of the Project Company or membership interests issued by the Project Company, or applying casualty insurance proceeds received with respect to any total loss of the Project to the mandatory prepayment of any amounts owed under the Credit Documents, the Collateral Agent shall give prior written notice to the Contracting Party of such Event of Default and shall forbear from exercisinganysuchremediesunlessanduntiltheCollateralAgentprovideswrittennoticeto the Contracting Party of its intent to exercise such remedies and causes to be paid to the Contracting Party on behalf of the Class B Member an amount equal to the Class A Mechanical Completion Contributions (as defined in the Assigned Agreement) previously made. For the avoidance of doubt, none of the Collateral Agent, the Company, OpCo Borrower2oranyInitialTransfereeshallhaveanyobligationtopayintereston

10

LLCA CONSENT

(PRAIRIE)


suchamount returned to the Contracting Party pursuant to Section 3.11(a) of the Assigned Agreement.

(b)    Notwithstanding anything to the contrary in the Credit Agreement or other Credit Documents, upon the MC Funding Date, automatically and without any further action of DevCo Borrower or the OpCo Borrowers, (x) DevCo Borrower shall be deemed to have assigned, and OpCo Borrowersshall be deemed to have assumed, joint and severally, allObligations(asdefinedintheCreditAgreement)ofDevCoBorrowerundertheCredit Agreement or other Credit Documents withrespect to the Project, (y) DevCo Borrower shall no longer be a borrower or obligor under the Credit Agreement and the other Credit DocumentswithrespecttotheProject,and(z)theDevCoBorrower’saggregateliabilitywith respect to the Obligations under the Credit Agreement and the other Credit Documents shall be reduced by an amount equal to the Obligations so assigned to the OpCo Borrowers.

(c)    Notwithstanding anything to the contrary in the Credit Agreement or other Credit Documents, the Collateral Agent, on behalf of all Secured Parties (as defined in the Credit Agreement) hereby agrees that upon and at all times following the MC Funding Date, the Collateral Agent shall not elect any remedies (including but not limited to any foreclosureremedy)againsttheCompany,theProjectCompanyoranycollateralprovidedby the Company or the Project Company with respect to any Event of Default (as defined in the Credit Agreement) other than an Event of Default that arises primarily or solely out of or primarily or solely relates to the Project.

12.    Severability.If any provision of this Consent is held to be illegal, invalid or unenforceable,(a)thelegality,validityandenforceabilityoftheremainingprovisionsofthis Consent shall not be affected or impaired thereby and (b) the parties shall endeavor in good faith negotiations to replace the illegal, invalid or unenforceable provisions with valid provisions the economic effect of which comes as close as possible to that of the illegal, invalid or unenforceable provisions.The invalidity of a provision in a particular jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

13.    Counterparts. This Consent may be executed in any number of counterparts and by different parties hereto on separate counterparts and by electronic transmission and whenexecutedanddeliveredbyallofthepartieslistedbelowshallconstituteasinglebinding agreement.Signaturepagesmaybedetachedfrommultipleseparatecounterpartsandattached to a single counterpart so that all signatures are physically attached to the same document. Delivery of an executed counterpart of a signature page to this Consent by facsimile or other electronicimagingmeansshallbeeffectiveasdeliveryofamanuallyexecutedcounterpartof this Consent. The words “execution”, “execute”, “signed”, “signature”, and words of like import in or related to any document signed or to be signed in connection with this Consent and the transactions contemplated hereby and thereby shall be deemed to include electronic signatures,theelectronicmatchingofassignmenttermsandcontractformationsonelectronic platformsapprovedbytheparties,orthekeepingofrecordsinelectronicform,eachofwhich shall be of the same legal effect, validity or enforceability as a manually executed signature or the use of a paper-based recordkeeping system, as the case may be, to the extent and as providedforinanyapplicable

11

LLCA CONSENT

(PRAIRIE)


law,including theFederalElectronicSignaturesinGlobaland National Commerce Act, the New York State Electronic Signatures and Records Act, the California Uniform Electronic Transactions Act, or any other similar state laws based on the Uniform Electronic Transactions Act.

14.    Headings.TheheadingsoftheseveralsectionsandsubsectionsofthisConsent areinsertedforconvenienceonlyandshallnotinanywayaffectthemeaningorconstruction of any provision of this Consent.

15.    Interpretation. All references in this Consent to any document, instrument or agreement(a)shallincludeallcontractvariations,changeorders,exhibits,schedulesandother attachmentsthereto,and(b)shallincludealldocuments,instrumentsoragreementsissuedor executed in replacement or as predecessor thereto, as amended, modified and supplemented from time to time and in effect at any given time.In the event of any conflict between the terms,conditionsandprovisionsofthisConsentandtheAssignedAgreement(asineffecton the date hereof), the terms, conditions and provisions of this Consent shall prevail.

16.    Collateral Agent.Any entity into which the Collateral Agent may be merged or converted or with which it may be consolidated, any entity resulting from any merger, conversionorconsolidationtowhichtheCollateralAgentshallbeaparty,anyentitytowhich all or substantially all of the corporate trust business of the Collateral Agent may be sold or otherwise transferred or any entity appointed as a successor collateral agent pursuant to the CreditAgreement,ineachcase,shallbethesuccessorCollateralAgenthereunderwithoutany further act. In the performance of its obligations hereunder, the Collateral Agent shall be entitled to all of the rights, benefits, protections, indemnities and immunities afforded to it pursuanttotheCreditAgreementandtherelateddocuments,andshallexerciseallrightsand remedies hereunder and provide any consents, directions, approvals, acceptances, determinations, certifications, rejections or other similar actions pursuant to this Consent in accordance with directions received from the applicable Secured Parties, and shall have no liabilityfortakinganysuchactionsorfailingtotakeanysuchactionsinaccordancewithsuch directions(andshallnotbeliableforanyfailureordelayintakingsuchactionsresultingfrom any failure or delay by such Secured Parties in providing such directions).

[SIGNATURESFOLLOW]

12

LLCA CONSENT

(PRAIRIE)


IN WITNESS WHEREOF, the undersigned, by its officer thereunto duly authorized, has duly executed this Consent as of the date first written above.

LONGPOINT PRAIRIE CLASS A, LLC,aDelawarelimitedliabilitycompany
By:
Name:
Title:

SIGNATURE PAGE TO LLCA CONSENT

(PRAIRIE)


MN8BLEEKERLLC,aDelawarelimitedliabilitycompany
By:
Name:
Title:

SIGNATURE PAGE TO LLCA CONSENT

(PRAIRIE)


MN8DEVCO3LLCaDelawarelimitedliabilitycompany
By:
Name:
Title:

SIGNATURE PAGE TO LLCA CONSENT

(PRAIRIE)


PRAIRIECLASSBLLCaDelawarelimitedliabilitycompany,
By:
Name:
Title:

SIGNATURE PAGE TO LLCA CONSENT

(PRAIRIE)


NATIXIS,NEWYORKBRANCH,asCollateralAgent
By:
Name:
Title:

SIGNATURE PAGE TO LLCA CONSENT

(PRAIRIE)


EXHIBITA

FORMOFACCESSIONAGREEMENT

[Omitted.]

SIGNATURE PAGE TO LLCA CONSENT

(PRAIRIE)


SIGNATURE PAGE TO LLCA CONSENT

(PRAIRIE)


SIGNATURE PAGE TO LLCA CONSENT

(PRAIRIE)


EXHIBITD

MIAA


MEMBERSHIPINTERESTASSIGNMENTAGREEMENT

ThisMEMBERSHIPINTERESTASSIGNMENTAGREEMENT(this“Assignment”) ismadeandenteredintoasofNovember 3,2025,byandbetweenPRAIRIEBXLLC,a Delawarelimited liability company (“Company”), and MN8 DEVCO 3 LLC, a Delaware limited liability company(“Seller”).Company and Seller are referred to collectively hereinas the“Parties”.All capitalizedtermsnototherwisedefinedhereinshallhavethemeaningssetforth inthePurchaseAgreement,datedasofNovember 3,2025,byandbetweenCompanyand Seller(asamended,amended and restated, supplemented or otherwise modified from time totime, the “Agreement”).

RECITALS

WHEREAS, Seller owns directly, beneficially and of record all of the Equity Interests in Prairie Solar 1, LLC, a Delaware limited liability company (the “Project Company”).

WHEREAS, pursuant to and in accordance with the Agreement, Seller has agreed to sell, assign, convey, deliver and transfer to the Company all of Seller’s right,title and interest in and to the Equity Interests in the Project Company (the “Acquired Interests”) free and clear of all Encumbrances other than Permitted Liens, and the Company has agreed to purchase, acquire, acceptandassumetheAcquiredInterestsuponthetermsandconditionssetforthintheAgreement.

NOW, THEREFORE, in consideration of the covenants, promises and representations set forth herein and in the Agreement, and for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties hereby agree as follows:

1.Seller does hereby, effective from and after the date hereof, sell, convey, assign, transfer and deliver unto the Company all of Seller’s right, title and interest in and to the Acquired Interests, to the Company and its successors and assigns for their exclusive use and benefit, and free and clear of all Encumbrances other than Permitted Liens.Simultaneously with the execution anddeliveryofthisAssignment,thePartiesacknowledgeandagreethat(a)theCompanyishereby admitted to the Project Company as its sole member and (b) Seller is released in its capacity as manager and member of the Project Company.

The Company hereby purchases, acquires and accepts all of Seller’s right, title, andinterests in and to the Acquired Interests and the Company agrees to assume all obligations and duties of Seller with respect to the Acquired Interests, and consents to be admitted to the Project Company as its sole member.

Each of the Parties shall use its commercially reasonable efforts to take, or cause to be taken, all appropriate action, do or cause to be done all things necessary, proper or advisable under Applicable Laws, and execute and deliver such instruments, documents and other papers, as maybe required to carry out the provisions of this Assignment and consummate and make effective the transactions contemplated by this Assignment.


Each of the Parties acknowledges and agrees that neither the representations and warranties nor the rights and remedies of the Parties under the Agreement shall be deemed to be enlarged, modified or altered in any way by this Assignment.This Assignment is subject to the terms and conditions of the Agreement in all respects, and, to the extent there shall arise a conflict between this Assignment and the Agreement, the Agreement shall control.

ThisAssignmentshallbindandshallinuretothebenefitoftherespectivePartiesandtheir assigns, transferees and successors.

THIS ASSIGNMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK WITHOUT TAKING INTOACCOUNTITSCONFLICTOFLAWSPRINCIPLES(OTHERTHANSECTION5-1401 AND SECTION 5-1402 OF THE NEW YORK GENERAL OBLIGATIONS LAW). THE PARTIES HEREBY IRREVOCABLY SUBMIT TO THE EXCLUSIVE JURISDICTION OF ANY STATE OR FEDERAL COURT IN THE CITY AND COUNTY OF NEW YORK WITH RESPECTTOANYACTIONORPROCEEDINGARISINGOUTOFORRELATINGTOTHIS ASSIGNMENT.EACH PARTY HERETO IRREVOCABLY AND UNCONDITIONALLY WAIVES TRIAL BY JURY IN ANY ACTION, SUIT OR PROCEEDING RELATING TO A DISPUTE AND FOR ANY COUNTERCLAIM WITH RESPECT THERETO.EACH PARTY HEREBY AUTHORIZES AND ACCEPTS SERVICE OF PROCESS SUFFICIENT FOR PERSONAL JURISDICTION IN ANY ACTION AGAINST IT AS CONTEMPLATED BY THIS SECTION6BY REGISTERED OR CERTIFIED MAIL, RETURN RECEIPT REQUESTED,POSTAGEPREPAID,TOITSADDRESSFORTHEGIVINGOFNOTICESAS SETFORTHINSECTION7.3OFTHEAGREEMENT.NOTHINGHEREINSHALLAFFECT THE RIGHT OF ANY PARTY TO SERVE PROCESS IN ANY OTHER MANNER PERMITTED BY LAW.

This Assignment may be executed electronically in one or more counterparts, each of which shall be deemed an original but all of which together shall constitute one and the same instrument.

Sections7.7,7.9(a)and7.10oftheAgreementareherebyincorporatedhereinbyreference, mutatismutandis,asiffullysetforthherein.

[Remainderofpageintentionallyleftblank]

2


IN WITNESS WHEREOF, this Assignment has been duly executed and delivered by a duly authorized representative of each of the Parties as of the date first above written.

SELLER:
MN8 DEVCO 3 LLC,
a Delaware limited liability company
By: /s/ Jon Yoder
Name: Jon Yoder
Title: Authorized Signatory
COMPANY:
PRAIRIEBXLLC,
a Delaware limited liability company
By: /s/ David Callen
Name: David Callen
Title: Authorized Signatory

SIGNATURE PAGE TO MEMBERSHIP INTEREST ASSIGNMENT AGREEMENT (PRAIRIE SOLAR 1, LLC)


EXHIBIT D-1

BXGUARANTY



[Signature Page to Class A Commitment Guarantee (MN8)]


[Signature Page to Class A Commitment Guarantee (MN8)]


Schedule I


EXHIBIT E

SPONSORGUARANTY



[SPONSOR GUARANTY SIGNATURE PAGE]


[SPONSOR GUARANTY SIGNATURE PAGE]



EXHIBITG

AMENDEDSECURITYAGREEMENT


AMENDED AND RESTATED

GUARANTY,PLEDGEANDSECURITYAGREEMENT

(asamendedby(i)thatcertainConsentandSecondOmnibusAmendment,datedasofAugust

27, 2025, and (ii) that certain Consent and Third Omnibus Amendment, dated as of

November 3, 2025)

DatedasofJuly9,2025

by and between

MN8 DEVCO 3 LLC, a Delaware limited liability company,

MN8BLEEKER2LLC,aDelawarelimitedliabilitycompany,

AMERICAN BEECH CLASS B LLC, a Delaware limited liability company,

AMERICANBEECHSOLARHOLDINGSLLC,aDelawarelimitedliabilitycompany,

AMERICAN BEECH SOLAR LLC, a North Carolina limited liability company,

MN8FMGCLASSBLLC,aDelawarelimitedliabilitycompany,

MN8 FMG LLC, a Delaware limited liability company,

BLUEBIRD SOLAR LLC, a Kentucky limited liability company,

BLUEBIRDSOLARINVESTMENTSLLC,aKentuckylimitedliabilitycompany,

PRAIRIE SOLAR 1, LLC, a Delaware limited liability company,

PRAIRIEBXLLC,aDelawarelimitedliabilitycompany,

PRAIRIESOLARHOLDINGSLLC,aDelawarelimitedliabilitycompany,

PRAIRIE CLASS B LLC, a Delaware limited liability company,

(astheGrantors)

and

AMENDEDANDRESTATEDGUARANTY,PLEDGE&SECURITYAGREEMENT(MN8 BRIDGE CONSTRUCTION FINANCING)

NATIXIS,NEWYORKBRANCH,

asthe Collateral Agentfor the Secured Parties


TABLE OF CONTENTS

Page
ARTICLE I DEFINITIONS 2
Section 1.01 Certain Defined Terms 2
ARTICLE II THE COLLATERAL 10
Section 2.01 Grant of Collateral 10
Section 2.02 Perfection 1112
Section 2.03 Delivery and Other Perfection 12
Section 2.04 Other Financing Statements and Liens 14
Section 2.05 Preservation and Protection of Security Interests 1314
Section 2.06 Attorney-in-Fact 15
Section 2.07 Intellectual Property. 16
Section 2.08 Use of Collateral 17
Section 2.09 Rights and Obligations 17
Section 2.10 Termination 1617
Section 2.11 Commercial Tort Claims 1819
Section 2.12 Governmental Authorities 19
Section 2.13 Special Provisions Relating to Pledged Ownership Interests 20
ARTICLE III REPRESENTATIONS 21
Section 3.01 Organization; Power; Authorization; Validity 21
Section 3.02 Title 2021
Section 3.03 Intellectual Property 22
Section 3.04 Commercial Tort Claims 22
Section 3.05 Deposit and Securities Accounts 22
Section 3.06 Pledged Ownership Interests 22
Section 3.07 Consent to Transfer 23
ARTICLE IV COVENANTS 2426
Section 4.01 Further Assurances 2426
Section 4.02 Covenants 2526
Section 4.03 Consent to Transfer 2527
Section 4.04 Preservation of Collateral 2527
ARTICLE V REMEDIES 2527
Section 5.01 Events of Default, Etc 2527
Section 5.02 Deficiency 2729
Section 5.03 Private Sale 2729
Section 5.04 Cash Proceeds of Collateral 2729

Section 5.05 Application of Proceeds 2830
ARTICLE VI GUARANTY 2830
Section 6.01 Guaranty 2830
Section 6.02 Guaranty and Grant of Security Interest Absolute 2931
Section 6.03 Waivers and Acknowledgments 3334
Section 6.04 Subrogation 3335
Section 6.05 General Limitation on Guarantee Obligations 3335
ARTICLE VII MISCELLANEOUS PROVISIONS 3436
Section 7.01 Communication 3436
Section 7.02 Amendments 3638
Section 7.03 Successors and Assigns 3638
Section 7.04 Survival 3638
Section 7.05 No Waiver; Remedies Cumulative 3638
Section 7.06 Counterparts 3638
Section 7.07 Captions 3739
Section 7.08 Severability 3739
Section 7.09 Governing Law; Waiver of Jury Trial; Jurisdiction and Process 3739
Section 7.10 Entire Agreement 3840
Section 7.11 Independent Obligations 3840
Section 7.12 Expenses 3840
Section 7.13 Collateral Agent 3840
Section 7.14 Reinstatement 3941
Section 7.15 Amendment and Restatement 3941
Annex 1 Organization and Chief Executive Office of the Grantors
Annex 2 Copyrights
Annex 3 Patents
Annex 4 Trademarks
Annex 5 Commercial Tort Claims
Annex 6 Deposit and Securities Accounts
Annex 7 Pledged Ownership Interests
Annex 8 Form of Guarantor Supplement

AMENDEDANDRESTATEDGUARANTY,PLEDGEANDSECURITY AGREEMENT

ThisAMENDEDANDRESTATEDGUARANTY,PLEDGEANDSECURITY AGREEMENT (this “Agreement”), dated as of July 9, 2025, is made by and between MN8 DEVCO3LLC,alimitedliabilitycompanydulyformedandvalidlyexistingunderthelawsofthe State of Delaware (together with its successors and permitted assigns, “Devco Borrower”), MN8 BLEEKER2LLCalimitedliabilitycompanydulyformedandvalidlyexistingunderthelawsof the State of Delaware (together with its successors and permitted assigns, “OpcoBorrower 2”), MN8FMGCLASSBLLC,alimitedliabilitycompanydulyformedandvalidlyexistingunderthe lawsoftheStateofDelaware(togetherwithitssuccessorsandpermittedassigns,“OpcoBorrower1” and, together with Opco Borrower 2, “Opco Borrowers”), AMERICAN BEECH CLASS B LLC, a limited liability company duly formed and validly existing under the laws of the State of Delaware (together with its successors and permitted assigns, “Class B Member (AmericanBeech)”), AMERICAN BEECH SOLAR LLC, a limited liability company duly formed and validly existing under the laws of the State of North Carolina (together with its successors and permitted assigns, the “American Beech Project Company”), AMERICAN BEECH SOLAR HOLDINGSLLC,alimitedliabilitycompanydulyformedandvalidlyexistingunderthelawsof the State of Delaware (together with its successors and permitted assigns, “American Beech TEPartnership”), BLUEBIRD SOLAR LLC, a limited liability company duly formed and validly existing under the laws of the Commonwealth of Kentucky (together with its successors and permitted assigns, the “Bluebird Project Company”), BLUEBIRD SOLAR INVESTMENTS LLC, a limited liability company duly formed and validly existing under the laws of the Commonwealth of Kentucky (together with its successors and permitted assigns, the “BluebirdIRB SPV”), PRAIRIE SOLAR HOLDINGS LLC, a limited liability company duly formed and validlyexistingunderthelawsoftheStateofDelaware(togetherwithitssuccessorsandpermitted assigns,the“PrairieHoldings”),PRAIRIEBXLLC,alimitedliabilitycompanydulyformed andvalidlyexistingunderthelawsoftheStateofDelaware(togetherwithitssuccessorsandpermitted assigns, the “Prairie TEPartnership”), PRAIRIE CLASS B LLC, a Delaware limited liability company a limited liability company duly formed and validly existing under the laws of the State of Delaware (together with its successors and permitted assigns, the “Class BMember (Prairie)”), PRAIRIE SOLAR 1, LLC, a limited liability company duly formed and validlyexistingunderthelawsoftheStateofDelaware(togetherwithitssuccessorsandpermitted assigns,the“PrairieProjectCompany”),MN8FMGLLC,alimitedliabilitycompanydulyformed and validly existing under the laws of the State of Delaware (together with its successors and permitted assigns, the “Bluebird TE Partnership” and together with Devco Borrower, Opco Borrowers,AmericanBeechProjectCompany,AmericanBeechTEPartnership,BluebirdProject Company, Bluebird IRB SPV, the Prairie TE Partnership, Prairie Holdings, Class B Member(Prairie), Prairie Project Company and each Person that delivers a Guarantor Supplement in accordancewithSection4.04,the“Grantors”,andeacha“Grantor”),andNATIXIS,NEWYORK BRANCH,initscapacityascollateralagent(insuchcapacityandtogetherwithitssuccessorsand permitted assigns, the “Collateral Agent”) for the Secured Parties under and as defined in the Credit Agreement (the “Secured Parties”).

1
AMENDED AND RESTATED GUARANTY, PLEDGE & SECURITY AGREEMENT (MN8 BRIDGE CONSTRUCTION FINANCING)

R E C I T AL S:

A.    PursuanttothatcertainCreditAgreement,datedasofDecember31,2024(the “Original Credit Agreement”) among Devco Borrower, MN8 Bleeker LLC, a Delaware limited liability company (“Former Borrower”), the financial institutions from time to time party thereto as lenders (the “Lenders”) and as issuers of letters of credit (the “LC Issuers”), the Collateral Agent, Natixis, New York Branch, as the Administrative Agent for the Lenders (the “AdministrativeAgent”),andtheotherpartiespartythereto,theLendersagreedtoextendcreditto Devco Borrower and Former Borrower in the amounts specified and on the terms and subject to the conditions set forth therein.

B.    The Original Credit Agreement was amended by (i) that certain First Amendment to Credit Agreement, dated as of May 6, 2025, (ii) that certain Second Amendment to Credit Agreement, datedJune12,2025,(iii)that certain ConsentandOmnibus Amendment, dated asof June13,2025(the“OmnibusAmendment”),(iv)thatcertainConsentandAmendment,datedasof June 23, 2025, and (v) that certain Release, Joinder, Consent and Fifth Amendment to Credit Agreement (the “Fifth CA Amendment”) dated as of the date hereof, under which, among other things,eachoftheOpcoBorrowersreplacedtheFormerBorrowerasBorrowersundertheCredit Agreement (the Original Credit Agreement, as so amended and as may be further amended, amended and restated, modified or supplemented from time to time, the “Credit Agreement”).

C.    Each of Devco Borrower, Opco Borrower 1, American Beech Project Company, Bluebird Project Company, Bluebird IRB SPV, Prairie Holdings, Prairie Project Company and Bluebird TE Partnership (collectively, the “Existing Grantors” and each, an “Existing Grantor”) andFormerBorrowerenteredintothatcertainSecurityAgreementdatedasofDecember31,2024 in favor of the Collateral Agent, as amended by the Omnibus Amendment (as amended, restated, supplementedorotherwisemodifiedpriortothedatehereof,the“ExistingSecurityAgreement”), to secure the Secured Obligations (as defined in the Existing Security Agreement).

D.    TheexecutionanddeliveryofthisAgreementbythepartiesheretoisaconditionto the effectiveness of the Fifth CA Amendment pursuant to Section 4(b) thereof.

NOW, THEREFORE, in consideration of the foregoing premises and for other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, each Grantor hereby agrees with the Collateral Agent as follows:

ARTICLE I

DEFINITIONS

Section 1.01    CertainDefined Terms.

(a)    Each capitalized term used and not otherwise defined herein shall have the meaning assigned to such term (whether directly or by reference to another agreement or document) in Section 1.1 of the Credit Agreement as in effect on the date hereof (or as modified

2
AMENDED AND RESTATED GUARANTY, PLEDGE & SECURITY AGREEMENT (MN8 BRIDGE CONSTRUCTION FINANCING)

withtheconsentoftheapplicableSecuredParties).TheRulesofInterpretationsetforthinSection 1.2of the CreditAgreement are hereby incorporatedby reference asiffully set forth herein.

(b)    The terms “Accounts”, “Chattel Paper”, “Commercial Tort Claims”, “Deposit Account”, “Document”,“Electronic Chattel Paper”, “Equipment”, “Fixture”, “GeneralIntangible”, “Goods”, “Instrument”, “Inventory”, “Investment Property”, “Letter-of-CreditRight”, “Payment Intangible”, “Proceeds”, “Software”, and “Tangible Chattel Paper” have the respective meanings ascribed thereto in Article 9 of the UCC. The terms “FinancialAssets”, “SecuritiesAccount”and“Security”havetherespectivemeaningsascribedtheretoinArticle8of the UCC.

(c)    InadditiontothetermsdefinedintheCreditAgreement,thepreambleand the recitals, the following terms shall have the following respective meanings:

“AC1ASOA”meansAC1ASOALLC,aDelawarelimitedliability company.

“AC1 ASOA Pledged Ownership Interests” has the meaning assigned to that term in Section 2.01(l)(i)(C).

“Agreement”hasthe meaningassigned to thatterm in the Preamble.

“American Beech LLC Agreements” means collectively, (i) the Third Amended and Restated Operating Agreement of American Beech Solar LLC, dated December 27, 2024, with DevcoBorrowerastheSoleMemberand(ii)theSecondAmendedandRestatedLimitedLiability Company Agreement of AC1 ASOA LLC, dated January 10, 2023, among the American Beech Project Company and Halifax County Solar LLC, as amended by Amendment to the Second Amended and Restated Limited Liability Company Agreement of AC1 ASOA LLC, dated April 14, 2023, among the American Beech Project Company, Edgecombe AC1 ASOA LLC and Halifax County Solar LLC.

“American Beech TE Partnership LLC Agreement” means (x) prior to the Transfer Date with respect to the American Beech Project, the Limited Liability Company Agreement of AmericanBeechSolarHoldingsLLC,datedasofJune30,2025,withClassBMember(American Beech)asthesolememberand(y)fromandaftertheTransferDatewithrespecttotheAmerican Beech Project, the Amended and Restated Limited Liability Company Agreement of American Beech Solar Holdings LLC, dated as of the Transfer Date with respect to the American Beech Project.

“American Beech TE Pledged Ownership Interests” means, the Opco Borrower 2 Subsidiary Pledged Ownership Interest that relate to the Class B Member (American Beech)’s ownership of the membership interests of the American Beech TE Partnership.

“AmericanBeechPledgedOwnershipInterests”means,(x)priortotheTransferDatewith respect to the American Beech Project, the Devco Borrower Subsidiary Pledged Ownership Interests that relate to Devco Borrower’s ownership of the membership interests of the American Beech Project Company and (y) from and after the Transfer Date with respect to the American

3
AMENDED AND RESTATED GUARANTY, PLEDGE & SECURITY AGREEMENT (MN8 BRIDGE CONSTRUCTION FINANCING)

Beech Project, the Opco Borrower 2 Subsidiary Pledged Ownership Interests that relate to the AmericanBeechTEPartnership’sownershipofthemembershipinterestsoftheAmericanBeech Project Company.

“American Beech Project Company” has the meaning assigned to that term in the Preamble.

“AmericanBeech TEPartnership” hasthemeaning assignedto that termin the Preamble.

“Assigned Agreements” shall mean all Project Documents to which a Grantor is a party andallothercontracts,agreements,leasesandothersimilarinstrumentsrelatedtotheProjectsand all amounts payable to any Grantor thereunder and all amendments, supplements, replacements, substitutions and renewals thereof and thereto.

“Bluebird TE Partnership LLC Agreement” means, the Amended and Restated Limited LiabilityCompanyAgreementofMN8FMGLLC,datedasoftheOmnibusAmendmentEffective Date.

“Bluebird TE Pledged Ownership Interests” means, the Opco Borrower 1 Subsidiary Pledged Ownership Interest that relate to the Opco Borrower 1’s ownership of the membership interests of the Bluebird TE Partnership.

“BluebirdIRB SPV” hasthemeaning assigned to thatterm in the preamble.

“Bluebird IRB SPV LLC Agreement” means the Amended and Restated Operating Agreement of Bluebird Solar Investments LLC, a Kentucky limited liability company, dated December 27, 2024.

“Bluebird IRB SPV Pledged Ownership Interests” means, (x) prior to the Transfer Date withrespecttotheBluebirdProject,theDevcoBorrowerSubsidiaryPledgedOwnershipInterests and(y)fromandaftertheTransferDatewithrespecttotheBluebirdProject,theOpcoBorrower1 Subsidiary Pledged Ownership Interests, in each case, that relate to the Bluebird Project Company’s ownership of the membership interests of the Bluebird IRB SPV.

“BluebirdLLCAgreements”means,collectively,theBluebirdSolarLLCAgreementand the Bluebird IRB SPV LLC Agreement.

“BluebirdPledgedOwnershipInterests”means,(x)priortotheTransferDatewithrespect totheBluebirdProject,theDevcoBorrowerSubsidiaryPledgedOwnershipIntereststhatrelateto DevcoBorrower’sownershipofthemembershipinterestsoftheBluebirdProjectCompanyand (y) from and after the Transfer Date with respect to the Bluebird Project, the Opco Borrower 1 SubsidiaryPledgedOwnershipIntereststhatrelatetotheBluebirdTEPartnership’sownershipof the membership interests of the Bluebird Project Company.

“Bluebird Project Company” has the meaning assigned to that term in the Preamble.

4
AMENDED AND RESTATED GUARANTY, PLEDGE & SECURITY AGREEMENT (MN8 BRIDGE CONSTRUCTION FINANCING)

“BluebirdSolarLLCAgreement”meanstheFourthAmendedandRestatedOperating AgreementofBluebirdSolarLLC,datedasoftheOmnibusAmendmentEffectiveDate,with BluebirdTE Partnership asthe Sole Member.

“Borrower” means, (a) prior to the date on which the Back-Leverage Date for all Projects shall have occurred, collectively, the Devco Borrower and each Opco Borrower, and each, a “Borrower”,and(b)fromandafterthedateonwhichtheBack-LeverageDateforallProjectsshall have occurred, each Opco Borrower.

“Collateral” has the meaning assigned to that term in Section 2.01. “CollateralAgent” hasthe meaning assignedto that termin the Preamble.

“Copyright Collateral” shall mean all Copyrights, whether now owned or hereafter acquired by a Grantor. Notwithstanding the foregoing, Copyright Collateral shall not include any Copyright which would be rendered invalid, abandoned, void or unenforceable by reason of its being included as part of the Copyright Collateral.

“Copyrights” shall mean, collectively, (a) all copyrights, copyright registrations and applicationsforcopyrightregistrations,(b)allrenewalsandextensionsofallcopyrights,copyright registrationsandapplicationsforcopyrightregistrationand(c)allrights,nowexistingorhereafter coming into existence, (i) to all income, royalties, damages and other payments (including in respectofallpast,presentorfutureinfringements)noworhereafterdueorpayableunderorwith respecttoanyoftheforegoing,(ii)tosueforallpast,presentandfutureinfringementswithrespect to any of the foregoing and (iii) otherwise accruing under or pertaining to any of the foregoing throughout the world.

“CreditAgreement”hasthemeaningassignedtothattermintheRecitals.

“DevcoBorrower” hasthemeaning assigned to thatterm in the Preamble.

“DevcoBorrowerSubsidiary”means,totheextentthefollowingPersonsareSubsidiaries ofDevcoBorrower,(a)untiltheBack-LeverageDatewithrespecttotheAmericanBeechProject, the American Beech Project Company, (b) until the Back-Leverage Date with respect to the BluebirdProject,theBluebirdProjectCompanyandtheBluebirdIRBSPV,(c)untilthe Back-Leverage Date with respect to the Prairie Project, Prairie Holdings and the Prairie Project Company,andPrairieHoldingsand(d)untiltheBack-LeverageDatewithrespecttotheProject directly or indirectly owned by such Subsidiary, any Subsidiary of the Devco Borrower who executes a Guarantor Supplement.

“Devco Borrower Subsidiary Pledged Ownership Interests” has the meaning assigned to that term in Section 2.01(l)(i)(A).

“ExcludedAssets”shallmean(a)anylicense,lease,contract,propertyrightsoragreement, Applicable Permits and other Permits, investment tax credits, production tax credits or similar rightstowhichaGrantorisaparty(ortoanyofitsrightsorintereststhereunder)if,andonlytothe extentandforsolongas,thegrantofasecurityinterestwouldconstituteorresultineither(1)the

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abandonment,revocation,voidability,invalidationorunenforceabilityofanyright,titleorinterest of such Grantor therein or (2) a breach or termination pursuant to the terms of or a default under, any such license, lease, contract, property rights or agreement, Applicable Permits and other Permits,investmenttaxcredits,productiontaxcreditsorsimilarrightstowhichsuchGrantorisa party(otherthantotheextentthatanysuchtermwouldberenderedineffectivebySection9-406, 9-407,9-408or9-409oftheUniformCommercialCodeasineffectintherelevantjurisdictionand suchineffectivenesswouldnototherwiseconstituteabreach);(b)anypropertytotheextentthata grantofasecurityinterestinsuchpropertyisprohibitedbyApplicableLaw;(c)any “intent-to-use”applicationsfortrademarksorservicemarksfiledinthePTOpursuantto15U.S.C. §1051 Section 1(b) unless and until a “Statement of Use” or “Amendment to Allege Use” in respect of the mark is accepted by the PTO pursuant to 15 U.S.C. §1051 Section 1(c) or Section 1(d);(d)anyMotorVehicle;(e)anydistributionorRestrictedPaymentorproceedsthereofthata BorrowerdistributestoanyPerson(otherthanaGrantor)thatispermittedpursuanttothetermsof theCreditDocuments;and(f)anypropertyobtainedbyaGrantoraftertheFinancialClosingDate with respect to which the Administrative Agent determines in its reasonable discretion that the costsofobtainingsecurityintereststhereinareexcessinrelationtothevalueofthesecuritytobe afforded thereby.

“First-Tier Subsidiaries” means, individually or collectively as the context may require, AC1 ASOA, the Bluebird IRB SPV and/or the Prairie Project Company.

“Grantor”hasthe meaningassigned to thatterm in the Preamble.

“Guaranteed Obligations” has the meaning assigned to that term in Section 6.01. “Guarantor”shallmean,individuallyorcollectivelyasthecontextmayrequire,the American Beech Project Company, American Beech TE Partnership, the Bluebird Project Company, the Bluebird IRB SPV, Prairie TE Partnership, Prairie Holdings, the Prairie Project Company,theBluebirdTEPartnership,and/oreachPersonthatdeliversaGuarantorSupplement, in accordance with Section 4.04.

“Guarantor Supplement” means a Guarantor Supplement, substantially in the form of Annex 8.

“Guaranty”hasthemeaning assigned tosuch termin Section 6.02(b)(i).

“Intellectual Property” shall mean all Copyright Collateral, all Patent Collateral and all TrademarkCollateral,togetherwith(a)allinventions,processes,productionmethods,proprietary information,know-howandtradesecrets,(b)alllicensesoruserorotheragreementsgrantedtoa Grantorwithrespecttoanyoftheforegoing,ineachcasewhethernoworhereafterownedorused, (c) all information, customer lists, identification of suppliers, data, plans, blueprints, specifications, designs, drawings, recorded knowledge, surveys, engineering reports, test reports, manuals, materials standards, processing standards, performance standards, catalogs, computer and automatic machinery software and programs, (d) all field repair data, sales data and other information relating to sales or service of products now or hereafter manufactured, (e) all accountinginformationandallmediainwhichoronwhichanyinformationorknowledgeordata or records may be recorded or stored and all computer programs used for the compilation or

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printout of such information, knowledge, records or data, (f) all Applicable Permits now held or hereafter obtained by a Grantor in respect of any of the foregoing, and (g) all causes of action, claims and warranties now owned or hereafter acquired by a Grantor in respect of any of the foregoing. It is understood that Intellectual Property shall include all of the foregoing owned or acquired by a Grantor on a worldwide basis.

“LCIssuers”hasthemeaningassignedtothattermintheRecitals.

“Lenders” has the meaning assigned to that term in the Recitals.

“Motor Vehicles” shall mean motor vehicles, tractors, trailers and other like property, whether or not the title to any such property is governed by a certificate of title or ownership.

“OpcoBorrower 1” hasthemeaning assigned to thatterm in the Preamble.

“OpcoBorrower1Subsidiary”means,totheextentthefollowingPersonsareSubsidiaries ofOpcoBorrower1andsolelyuntiltheBack-LeverageDateforsuchPerson(s)’Projects:(a)with respect to the Bluebird Project, the Bluebird TE Partnership, the Bluebird Project Company and the Bluebird IRB SPV and (b) any Subsidiary of the Opco Borrower 1 who executes a Guarantor Supplement.

“Opco Borrower 1 Subsidiary Pledged Ownership Interests” has the meaning assigned to that term in Section 2.01(l)(i)(B).

“OpcoBorrower 2” hasthemeaning assigned to thatterm in the Preamble.

“OpcoBorrower2Subsidiary”means,totheextentthefollowingPersonsareSubsidiaries of Opco Borrower 2 and(1) Class B Member (Prairie) and Class B Member (AmericanBeech),and(2)solelyuntiltheBack-LeverageDateforsuchPerson(s)’Projects:(a)withrespect to the American Beech Project, the American Beech Project Company and American Beech TE Partnership, (b) with respect to the Prairie Project, Prairie HoldingsTE Partnershipand the PrairieProjectCompanyand(c)anySubsidiaryoftheOpcoBorrower2whoexecutesaGuarantor Supplement.

“Opco Borrower 2 Subsidiary Pledged Ownership Interests” has the meaning assigned to that term in Section 2.01(l)(i)(C).

“Opco Borrowers” has the meaning assigned to that term in the Preamble.

“OwnershipCollateral” hasthe meaningassigned tothat termin Section 2.01(l)(iv).

“Patent Collateral” shall mean all Patents, whether now owned or hereafter acquired by a Grantor. Notwithstanding the foregoing, Patent Collateral shall not include any Patents which would be rendered invalid, abandoned, void or unenforceable by reason of its being included as part of the Patent Collateral.

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“Patents” shall mean, collectively, (a) all patents and patent applications, (b) all reissues, divisions, continuations, renewals, extensions and continuations-in-part of all patents or patent applications and (c) all rights, now existing or hereafter coming into existence, (i) to all income, royalties, damages, and other payments (including in respect of all past, present and future infringements)noworhereafterdueorpayableunderorwithrespecttoanyoftheforegoing,(ii)to sue for all past, present and future infringements with respect to any of the foregoing and (iii) otherwiseaccruingunderorpertainingtoanyoftheforegoingthroughouttheworld,includingall inventions and improvements described or discussed in all such patents and patent applications.

“Pledged Ownership Interests” means, collectively, the Devco Borrower Subsidiary PledgedOwnershipInterests,theOpcoBorrower1SubsidiaryPledgedOwnershipInterests,the

Opco Borrower 2 Subsidiary Pledged Ownership Interests, AC1 ASOAPledgedOwnershipInterests, Prairie TEPledged Ownership Interests, Prairie Holdings Pledged Ownership Interests,PrairiePledgedOwnershipInterests,AmericanBeechTEPledgedOwnershipInterests, American Beech Pledged Ownership Interests, Bluebird IRB SPV Pledged Ownership Interests, Bluebird TE Pledged Ownership Interests and Bluebird Pledged Ownership Interests.

“PrairieHoldings” hasthemeaning assigned to thatterm in the preamble.

“Prairie Holdings LLC Agreement” means the Third Amended and RestatedOperatingAgreementofPrairieSolarHoldingsLLC,datedDecember27,2024,withDevcoBorrower as the Sole Member.

“Prairie Holdings Pledged Ownership Interests” means the Devco Borrower Subsidiary Pledged Ownership Interests that relate to Devco Borrower’s ownership of the membership interests ofthePrairie Holdings.

“PrairieLLCAgreements”mean,collectively,thePrairieSolarLLCAgreementandthe Prairie Holdings LLC Agreement.

“PrairiePledgedOwnershipInterests”means,(x)priortotheTransferDatewithrespectto the Prairie Project, the Devco Borrower Subsidiary Pledged Ownership Interests that relate to Prairie Holdingsthe Devco Borrower’sownership of the membership interests of the Prairie Project Company and (y) from and after the Transfer Date with respect to the Prairie Project, the Opco Borrower 2 Subsidiary Pledged Ownership Interests that relate to the HoldCo (Prairie)TEPartnership’s ownership of the membership interests of the Prairie Project Company.

“Prairie Project Company” has the meaning assigned to that term in the Preamble.

“PrairieSolarLLCAgreement”meanstheThirdFourthAmendedandRestated OperatingAgreementofPrairieSolar1,LLC,datedDecember27November3,20242025,with PrairieHoldingsTEPartnershipastheSoleMember.

“Prairie TE Partnership” has the meaning assigned to that term in the Preamble.

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“PrairieTEPartnershipLLCAgreement”meanstheAmendedandRestatedAmended and Restated Limited Liability Company Agreement of Prairie TE Partnership,datedasofNovember3,2025,byandbetweenLongPointPrairieClassA,LLC,aDelawarelimited liability company, and Class B Member (Prairie).

“PrairieTEPledgedOwnershipInterests”meanstheClassBUnitsinthePrairieTEPartnership that are owned by Class B Member (Prairie).

“Project Company” means, individually or collectively as the context may require, the American Beech Project Company, the Bluebird Project Company and/or the Prairie Project Company.

“PTO”shall mean theUnited States Patentand Trademark Office.

“Second-TierSubsidiaries”means,individuallyorcollectivelyasthecontextmayrequire, the American Beech Project Company,andthe Bluebird Project Companyand/or PrairieHoldings.

“Secured Obligations” shall mean, collectively, any and all indebtedness and liabilities of the Borrowers and other Obligations (including, but not limited to, all such obligations in respect ofprincipal,interest(includingpost-petitioninterest),fees,indemnities,costsandotherexpenses, whether due after acceleration or otherwise and whether incurred before or after a bankruptcy of any Loan Party), of whatever nature and however evidenced, held or acquired, or owed to the SecuredPartiesunderorpursuanttoanyCreditDocument,ineachcase,directorindirect,primary orsecondary,fixedorcontingent,nowexistingorhereafterarising,dueortobecomedue,absolute or contingent.

“SecuredParties” hasthe meaning assignedto that termin the Preamble.

“Trademark Collateral” shall mean all Trademarks, whether now owned or hereafter acquiredbyaGrantor.Notwithstandingtheforegoing,TrademarkCollateralshallnotincludeany Trademark which would be rendered invalid, abandoned, void or unenforceable by reason of its being included as part of the Trademark Collateral.

“Trademarks”shallmean,collectively,(a)alltradenames,trademarksandservicemarks, logos, trademark and service mark registrations and applications for trademark and service mark registrations,(b)allrenewalsandextensionsofanyoftheforegoingand(c)allrights,nowexisting or hereafter coming into existence, (i) to all income, royalties, damages and other payments (includinginrespectofallpast,presentandfutureinfringements)noworhereafterdueorpayable under or with respect to any of the foregoing, (ii) to sue for all past, present and future infringementswithrespecttoanyoftheforegoingand(iii)otherwiseaccruingunderorpertaining to any of the foregoing throughout the world, together, in each case, with the product lines and goodwill of the business connected with the use of, or otherwise symbolized by, each such trade name, trademark and service mark.

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“TransferDate”shallmeanwithrespecttoeachProject,thedateonwhichthemembership interests in the applicable Project Company are transferred from the Devco Borrower or its subsidiaries to the applicable Opco Borrower or its subsidiaries pursuant to the Tax Equity Documents or TC Structure Documents, as applicable, for such Project.

“Uniform Commercial Code” or “UCC” shall mean the Uniform Commercial Code as in effect in the State of New York from time to time; providedthat, if by reason of any mandatory provisions of law, the perfection, the effect of perfection or non-perfection or priority of the security interests granted to the Collateral Agent pursuant to this Agreement are governed by the UniformCommercialCodeasineffectinajurisdictionoftheUnitedStatesotherthanNewYork, then “UCC” means the Uniform Commercial Code as in effect from time to time in such other jurisdiction for purposes of such perfection, effect of perfection or non-perfection or priority.

ARTICLE II

THECOLLATERAL

Section2.01Grant of Collateral. As collateral security for the performance and prompt payment in full when due (whether at stated maturity, upon acceleration, upon any optional or mandatoryprepaymentorotherwise)oftheSecuredObligations,(i)eachExistingGrantorhereby reaffirms and confirms the security interest granted by it pursuant to the Existing Security Agreementand(ii)eachGrantorherebypledgesandgrantstotheCollateralAgent,forthebenefit oftheSecuredParties,asecurityinterestinallofsuchGrantor’sright,titleandinterestin,toand underthefollowingproperty,assetsandrevenues,whethernowownedorinthefutureacquiredby suchGrantorandwhethernowexistingorinthefuturecomingintoexistence(alloftheproperty, assets and revenues described in this Article II, collectively, the “Collateral”):

(a)    all Accounts, Instruments, Documents, Chattel Paper (whether Tangible ChattelPaperorElectronicChattelPaper),Goods(includingInventory,EquipmentandFixtures), Payment Intangibles, Software and other General Intangibles and all Letter-of-Credit Rights;

(b)    all Deposit Accounts;

(c)    theCollateralAccountsandtheassetsfromtimetotimetherein;

(d)    allInvestmentProperty,FinancialAssetsandSecuritiesAccounts;

(e)    allIntellectual Property;

(f)    allCommercialTort Claimsdescribed inAnnex 5;

(g)    each and every easement and right-of-way in favor of such Grantor, including those relating to the Projects;

(h)    all other tangible and intangible property of such Grantor, including all books,correspondence,creditfiles,records,invoices,tapes,cards,computerrunsandotherpapers and documents in the possession or under the control of such Grantor or any computer bureau or service company from time to time acting for such Grantor;

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(i)    all Assigned Agreements;

(j)    all Applicable Permits required or obtained in connection with the development, construction, ownership and/or operation of the Projects and/or in connection with any transaction contemplated by the Credit Agreement;

(k)    all Proceeds and products in whatever form of all or any part of the other Collateral, including all rents, profits, income and benefits and all proceeds of insurance and all condemnation awards and all other compensation for any event of loss with respect to all or any part of the other Collateral (together with all rights to recover and proceed with respect to the same), and all accessions to, substitutions for and replacements of all or any part of the other Collateral; and

(l)

(i)

(A)    all membership interests in each Devco Borrower Subsidiary and all other ownership interests of whatever class or character ineachDevcoBorrowerSubsidiary,noworhereafterdirectlyorindirectly owned by Devco Borrower, in each case, together with the original certificates evidencing the same (collectively, the “Devco BorrowerSubsidiaryPledgedOwnership Interests”);

(B)    all membership interests in each Opco Borrower 1 Subsidiary and all other ownership interests of whatever class or character ineachOpcoBorrower1Subsidiary,noworhereafterdirectlyorindirectly owned by Opco Borrower 1, in each case, together with the original certificates evidencing the same (collectively, the “Opco Borrower 1 Subsidiary Pledged Ownership Interests”);

(C)    all membership interests in each Opco Borrower 2 Subsidiary and all other ownership interests of whatever class or character in each Opco Borrower 2 Subsidiary, now or hereafter directly or indirectly owned by Opco Borrower 2, in each case, together with the original certificates evidencing the same (collectively, the “Opco Borrower 2 Subsidiary Pledged Ownership Interests”);

(D)    all membership interests in AC1 ASOA and all other ownership interests of whatever class or character in AC1 ASOA, now or hereafterownedbytheAmericanBeechProjectCompany(collectively,the “AC1 ASOA PledgedOwnership Interests”);

(ii)    all membership interests, securities, moneys or property representingadividendonanyofthePledgedOwnershipInterests,orrepresenting a distribution or return of capital upon or in respect of the Pledged Ownership

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Interests,orresultingfromasplit-up,revision,reclassificationorotherlikechange ofthePledgedOwnershipInterestsorotherwisereceivedinexchangetherefor,and anysubscription,warrants,rightsoroptionsissuedtotheholdersof,orotherwisein respect of, the Pledged Ownership Interests;

(iii)    withoutaffectingtheobligationsofanyGrantorunderanyprovision prohibiting that action under any Credit Document or other document pursuant to which any other Secured Obligation is incurred, as applicable, (A) in the event of any consolidation or merger in which any Devco Borrower Subsidiary, any Opco Borrower 1 Subsidiary or any Opco Borrower 2 Subsidiary is not the surviving entity, all ownership interests of any class or character of the successor entity (unlessthatsuccessorentityistheapplicableGrantoritself),formedbyorresulting from such consolidation or merger and (B) in the event of any consolidation or mergerinwhichAC1ASOAisnotthesurvivingentity,allownershipinterestsof any class or character of the successor entity (unless that successor entity is the applicable Grantor itself), formed by or resulting from such consolidation or merger which are owned by any Grantor; and

(iv)    allproceedsofanyoftheforegoing(collectively,andtogetherwith the property described in clauses(i), (ii)and (iii)above, the “OwnershipCollateral”).

ITBEINGUNDERSTOOD,HOWEVER,that,notwithstandinganythingcontainedherein tothecontrary,thesecurityinterestgrantedunderthisSection2.01willnotattachto,andtheterm “Collateral” shall not include, any Excluded Assets.

Section2.02Perfection.Concurrentlywiththeexecutionanddeliveryofthis Agreement, the Grantors shall file, or shall cause to be filed, and hereby authorizes the Collateral Agenttofile,suchfinancingstatementsandotherdocumentsinsuchofficesasmaybenecessary or as the Collateral Agent may request to perfect the security interests granted by Section 2.01of this Agreement and execute and deliver, or cause to be executed and delivered, such short-form assignmentsorsecurityagreementsrelatingtoCollateralconsistingoftheIntellectualPropertyas may be necessary or as the Required Lenders may reasonably require. Without limiting the foregoing, each Grantor authorizes the filing of UCC financing statements describing the Collateral as “all assets whether now owned or hereafter acquired” or “all personal property” of such Grantor (providedthat no such description shall be deemed to modify the description of Collateral set forth in Section 2.01) and hereby authorizes the filing of any UCC financing statements by or on behalf of the Required Lenders with such descriptions of collateral or describing the collateral using words of similar effect.

Section 2.03    Deliveryand Other Perfection.Each Grantor shall:

(a)    If any certificates or other instruments representing or evidencing any Pledged Ownership Interests constituting part of the Collateral are received by Devco Borrower, either Opco Borrower or any other Grantor, as applicable, forthwith (i) deliver to the Collateral Agent the certificates or other instruments representing or evidencing the same, duly endorsed in

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blankoraccompaniedbysuchinstrumentsofassignmentandtransferinsuchformandsubstance as the Collateral Agent (at the written direction of the Administrative Agent) may reasonably request, all ofwhich thereafter shall beheld bythe Collateral Agent, pursuantto theterms ofthis Agreement, as part of the Collateral and (ii) take such other action as the Collateral Agent (at the written direction of the Administrative Agent) may reasonably deem necessary or appropriate to duly record or otherwise perfect the security interest created hereunder in such Collateral; provided,however,inordertofacilitatethereceiptofanycertificatesorinstrumentsrepresenting or evidencing replacement Pledged Ownership Interests, duly endorsed in blank or accompanied bysuchinstrumentsofassignmentandtransfer,theCollateralAgentshallreturntotheapplicable Grantor for cancellation the original certificates representing or evidencing such Pledged Ownership Interests being replaced and such instruments of assignment and transfer related thereto previously delivered to it;

(b)    delivertotheCollateralAgentanyandallInstrumentsconstitutingpartof the Collateral in which such Grantor purports to grant a security interest hereunder, endorsed and/oraccompaniedbysuchinstrumentsofassignmentandtransferinsuchformandsubstanceas the Collateral Agent may reasonably request; provided, that so long as no Event of Default shall have occurred and be continuing, such Grantor may retain for collection any Instruments, includingperformancebonds,receivedbysuchGrantorintheordinarycourseofitsbusinessand the Collateral Agent shall, promptly upon request of such Grantor, at such Grantor’s expense, make appropriate arrangements for making any Instrument pledged by such Grantor available to such Grantor for purposes of presentation, collection or renewal (any such arrangement to be effected against trust receipt or like document);

(c)    give, execute, deliver, file, record, authorize or obtain all such financing statements, notices, instruments, documents, agreements or consents or other papers as may be necessaryordesirable,orasmayberequestedbytheCollateralAgent(atthewrittendirectionof the Administrative Agent), to create, preserve, perfect or validate the security interest granted pursuantheretoortoenabletheCollateralAgenttoexerciseandenforceitsrightshereunderwith respecttosuchpledgeandsecurityinterest,including,withoutlimitation,upontheoccurrenceand during the continuation of an Event of Default, causing any or all of the Pledged Ownership Interests to be transferred of record in the name of the Collateral Agent or its nominee (for the avoidance of doubt, the Collateral Agent agrees that if any Pledged Ownership Interests are transferred into its name or the name of its nominee prior to an Event of Default, the Collateral Agent will thereafter promptly give to the Pledgor copies of any notices and communications received by it with respect to the Pledged Ownership Interests pledged by the Pledgor hereunder, provided that notices to account debtors in respect of any Accounts, Chattel Paper or General Intangibles and to obligors on Instruments shall be subject to the provisions of clause (d) below);

(d)    upon the occurrence and during the continuation of any Event of Default, upon request of the Collateral Agent (at the written direction of the Administrative Agent), promptly notify (and such Grantor hereby authorizes the Collateral Agent so to notify) each account debtor in respect of any Accounts, Chattel Paper, Instruments or General Intangibles of such Grantor that such Collateral has been assigned to the Collateral Agent hereunder, and that

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any payments due or to become due in respect thereof are to be made directly to the Collateral Agent;

(e)    keep full and accurate books and records relating to the Collateral, and stamp or otherwise mark such books and records in such manner as the Collateral Agent (at the written direction of the Administrative Agent) may reasonably request in order to reflect the security interests granted by this Agreement;

(f)    forward to the Collateral Agent copies of any notices or communications received by such Grantor with respect to the Collateral; and

(g)    execute and deliver and cause to be filed, such continuation statements, and do such other acts and things, as may be necessary to maintain the perfection of the security interest granted pursuant hereto.

Section 2.04    Other Financing Statements and Liens. Without the written consent of the CollateralAgent(atthewrittendirectionoftheAdministrativeAgent),noGrantorshall(a)fileor suffer to be on file, or authorize or permit to be filed or to be on file, in any jurisdiction, any financingstatementorlikeinstrumentwithrespecttoanyoftheCollateralinwhichtheCollateral AgentisnotnamedasthesolesecuredpartyforthebenefitoftheSecuredParties,exceptforany such filings made solely in connection with Permitted Liens, or (b) cause or permit any Person other than the Collateral Agent to have “control” (as defined in Section 9-104, 9-105, 9-106 or9-107oftheUCC),exceptinconnectionwithPermittedLiens,ofanyDepositAccount,Electronic Chattel Paper, Investment Property or Letter-of-Credit Right constituting part of the Collateral.

Section 2.05    PreservationandProtectionofSecurityInterests.EachGrantorshall:

(a)    upontheacquisitionafterthedateofthisAgreementbysuchGrantorofany Instruments, Deposit Account, other Investment Property, Electronic Chattel Paper, Letter-of Credit Rights or other Equipment, in each case constituting part of the Collateral, covered by a certificate of title or ownership, promptly (i) take such action with respect to that Collateral as is specified for that type of Collateral in Section 2.03and (ii) take all such other actions, and authenticateorsignandfileorrecordsuchotherrecordsorinstruments,asarenecessaryorasthe CollateralAgent(atthewrittendirectionoftheAdministrativeAgent)mayreasonablyrequestto create, perfect and establish the priority of the Liens granted by this Agreement in any and all of the Collateral, to preserve the validity, perfection or priority of the Liens granted by this Agreement in any and all of the Collateral or to enable the Collateral Agent to exercise its remedies, rights, powers and privileges under this Agreement;

(b)    upon such Grantor’s acquiring, or otherwise becoming entitled to the benefits of, any Copyright (or copyrightable material), Patent (or patentable invention), Trademark (or associated goodwill) or other Intellectual Property or upon or prior to such Grantor’sfiling,eitherdirectlyorthroughtheCollateralAgent,anylicenseeoranyotherdesignee, of any application with any Governmental Authority for any Copyright, Patent, Trademark or other Intellectual Property, in each case constituting part of the Collateral, and in each case after the date of this Agreement, execute and deliver such contracts, agreements and other instruments

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AMENDED AND RESTATED GUARANTY, PLEDGE & SECURITY AGREEMENT (MN8 BRIDGE CONSTRUCTION FINANCING)

as the Collateral Agent (at the written direction of the Administrative Agent) may reasonably request to create, perfect and establish the priority of the Liens granted by this Agreement in that and any related Intellectual Property; and

(c)    whether with respect to Collateral as of the date of this Agreement or Collateral in which such Grantor acquires rights in the future, authorize, give, authenticate, execute, deliver, file or record any and all financing statements, notices, contracts, agreements or otherrecordsorinstruments,obtainanyandallApplicablePermits,andtakeallsuchotheractions, as are necessary or as the Collateral Agent (at the written direction of the Administrative Agent) may reasonably request to create, perfect and establish the priority of the Liens granted by this Agreement in any and all of the Collateral, to preserve the validity, perfection or priority of the LiensgrantedbythisAgreementinanyandalloftheCollateralortoenabletheCollateralAgentto exercise its remedies, rights, powers and privileges under this Agreement, including upon the occurrenceandduringthecontinuationofanEventofDefault,causinganyorallSecuritiestobe transferred of record into the name of the Collateral Agent or its nominee.

Section 2.06    Attorney-in-Fact.

(a)    Without limiting the rights and powers granted by this Agreement to the Collateral Agent, upon the occurrence and during the continuance of any Event of Default (other than with respect to clause (i)below), the Collateral Agent and any officer or agent thereof is herebyappointedtheattorney-in-factofeachGrantor,withfullpowerofsubstitutionandwithfull irrevocable power and authority in the place and stead of each Grantor and in the name of each Grantor or in its own name, for the purpose of carrying out the provisions of this Agreement, including Sections 2.02, 2.03, 2.04and 2.05and Article V, and taking any action and executing any instruments that the Collateral Agent (at the written direction of the Administrative Agent) may deem necessary, advisable or desirable to accomplish the purposes hereof, including (i) to preservethevalidity,perfectionandpriorityoftheLiensgrantedbythisAgreement; (ii)todirect any party liable for any payment under any Collateral to make payment of any moneys due or to becomeduethereunderdirectlytotheCollateralAgentorastheCollateralAgentshalldirect,(iii) to execute, in connection with any sale or disposition of the Collateral, any endorsements, assignments,billsofsaleorotherinstrumentsofconveyanceortransferwithrespecttoallorany part of the Collateral, (iv) to receive, endorse and collect all checks made payable to the order of eachGrantorrepresentinganydividend,paymentorotherdistributioninrespectoftheCollateral oranypartthereofandtogivefulldischargeforthesameand(v)atanytime,orfromtimetotime, at the Collateral Agent’s option, to do all acts and things that the Collateral Agent (at the written direction of the Administrative Agent) determines to be necessary to protect, preserve or realize upon the Collateral and the Collateral Agent’s and the other Secured Parties’ security interests thereinandtoeffecttheintentofthisAgreement,allasfullyandeffectivelyaseachGrantormight do. This appointment as attorney-in-fact is irrevocable and coupled with an interest.

(b)    The expenses of the Collateral Agent incurred in connection with actions undertaken as provided in this Section 2.06, together with interest thereon at a rate per annum equaltotheDefaultRateundertheCreditAgreement,fromthedateofpaymentbytheCollateral Agent to the date reimbursed by the Grantors, shall be payable by the Grantors, on a joint and

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several basis, to the Collateral Agent on demand and shall constitute Secured Obligations and be secured by the Liens of the Security Documents.

(c)    Without limiting the rights and powers of the Collateral Agent under Section2.06(a),eachGrantorherebyappointstheCollateralAgentasitsattorney-in-fact,effective the date of this Agreement and terminating upon the termination of this Agreement, at the Collateral Agent’s option, but without any obligation to do so, for the purpose of performing, executing, and filing all such contracts, agreements and other documents as are contemplated by Section 2.05(b). This appointment as attorney-in-fact is irrevocable and coupled with an interest.

(d)    Each Grantor hereby ratifies all that said attorneys shall lawfully do or cause to be done by virtue hereof. All powers, authorizations and agencies contained in this AgreementarecoupledwithaninterestandareirrevocableuntilthisAgreementisterminatedand the security interests created hereby are released.

(e)    The right granted by this Agreement to take the actions provided in this Section2.06shallnotobligatetheCollateralAgentoranyotherSecuredPartytotakesuchaction. In acting under this Section 2.06, the Collateral Agent shall act pursuant to a written direction of the Administrative Agent.

Section 2.07    IntellectualProperty.

(a)    For the purpose of enabling the Collateral Agent to exercise the rights, remedies,powersandprivilegesunderSection5.01atthattimeortimesastheCollateralAgentis lawfully entitled to exercise those rights, remedies, powers and privileges, and for no other purpose, each Grantor hereby grants to the Collateral Agent, to the extent assignable, an irrevocable, nonexclusive license (exercisable without payment of royalty or other compensation to such Grantor) to use, assign, license or sublicense any of the Intellectual Property of such Grantor, together with reasonable access to all media in which any of the licensed items may be recorded or stored and to all computer programs used for the compilation or printout of those items.

(b)    Notwithstanding anything contained herein to the contrary, but subject to the provisions of Section 8.9 of the Credit Agreement, so long as no Event of Default shall have occurredandbecontinuing,eachGrantorwillbepermittedtoexploit,use,enjoy,protect,license, sublicense,assign,sell,disposeofortakeotheractionswithrespecttotheIntellectualPropertyin the ordinary course of the business of such Grantor. In furtherance of the foregoing, unless an Event of Default shall have occurred and be continuing, the Collateral Agent shall from time to time, upon the request and at the expense of such Grantor, execute and deliver any instruments, certificatesorotherdocuments,intheformsorequested,thatsuchGrantorshallhavecertifiedare appropriate (in its judgment) to allow it to take any action permitted above (including relinquishmentofthelicenseprovidedpursuanttoclause(a)immediatelyaboveastoanyspecific IntellectualProperty).Further,uponthepaymentinfullofalloftheSecuredObligationsorearlier expiration of this Agreement or release of the Collateral, the Collateral Agent shall grant back to suchGrantorthelicensegrantedpursuanttoclause(a)immediatelyabove.Theexerciseofrights and remedies under Section 5.01by the Collateral Agent shall not terminate the rights of the

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holdersofanylicensesorsublicensestheretoforegrantedbysuchGrantorinaccordancewiththe first sentence of this clause (b).

Section2.08Use of Collateral. So long as no Event of Default has occurred and is continuing,eachGrantorshallbeentitledtopossesstheCollateral,subjecttotherights,remedies, powers and privileges of the Collateral Agent under Articles IIand V.

Section 2.09    RightsandObligations.

(a)    No reference in this Agreement to proceeds or to the sale or other dispositionofCollateralshallauthorizeanyGrantortosellorotherwisedisposeofanyCollateral except to the extent permitted by the terms of the other Credit Documents. The Collateral Agent shallnotberequiredtotakestepsnecessarytopreserveanyrightsagainstpriorpartiestoanypart of the Collateral.

(b)    EachGrantorshallremainliabletoperformitsdutiesandobligationsunder thecontractsandagreementsincludedintheCollateralinaccordancewiththeirrespectivetermsto thesameextentasifthisAgreementhadnotbeenexecutedanddelivered.Theexercisebythe Collateral Agent of any right, remedy, power or privilege in respect of this Agreement shall not releasesuchGrantorfromanyofitsdutiesandobligationsunderthosecontractsandagreements. Except as expressly set forth in the Credit Documents, the Collateral Agent shall not have any duty,obligationorliabilityunderthosecontractsandagreementsorwithrespecttoanyApplicable Permit included in the Collateral by reason of this Agreement or any other Credit Document, nor shalltheCollateralAgentbeobligatedtoperformanyofthedutiesorobligationsofsuchGrantor underanysuchcontractoragreementoranysuchApplicablePermitortotakeanyactiontocollect or enforce any claim (for payment) under any such contract or agreement or Applicable Permit.

(c)    NoLiengrantedbythisAgreementineachGrantor’sright,titleandinterest inanycontract,agreementorApplicablePermitshallbedeemedtobeaconsentbytheCollateral Agent to any such contract, agreement or Applicable Permit.

Section 2.10    Termination.

(a)    Upon the Discharge Date but subject to Section 7.14, this Agreement and the security interest granted hereby shall automatically terminate, all rights to the Collateral shall automatically revert to the applicable Grantor, and the Collateral Agent shall, at the Grantors’ expense,followingnoticeofsuchoccurrencefromtheAdministrativeAgent,forthwithcausetobe assigned, transferred and delivered, against receipt but without any recourse, warranty or representation whatsoever, any remaining Collateral and money received in respect of the Collateral,toorontheorderoftheapplicableGrantor,including,withoutlimitation,deliveringto the applicable Grantor any Instruments, Certificated Securities or any other Collateral in the Collateral Agent’s possession, together with any instruments of assignment and transfer with regard to any certificates evidencing any Pledged Ownership Interests that were transferred into thenameoftheCollateralAgentoritsnomineepursuanttoSection2.03(c).TheCollateralAgent shall also execute and deliver to each Grantor, at the Grantors’ expense, upon such termination such UCC termination statements and other documentation as shall be reasonably requested by

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suchGrantortoeffecttheterminationandreleaseoftheLienscreatedunderthisAgreement.The securityinterestcreatedherebyshallalsobereleasedwithrespecttoanyportionoftheCollateral thatissold,transferredorotherwisedisposedofincompliancewiththetermsandconditionsofthe Credit Documents.

(b)    Notwithstanding anything to the contrary in this Agreement, but subject to Section 7.14, upon the occurrence of the Back-Leverage Date with respect to a Project:

(i)    the Collateral granted in the Pledged Ownership Interests in the First-Tier Subsidiary and the Second-Tier Subsidiary that directly or indirectly owns such Project shall terminate and the Collateral Agent shall, at the Grantors’ expense, following notice of such occurrence from the Administrative Agent, forthwith cause to be assigned, transferred and delivered, against receipt but without any recourse, warranty or representation whatsoever, any remaining Collateral and money received in respect of such Pledged Ownership Interests, to or on the order of the Grantor of such Pledged Ownership Interests, including, without limitation, delivering to such Grantor any instruments of assignment and transferwithregardtoanycertificatesevidencinganysuchPledgedOwnership IntereststhatweretransferredintothenameoftheCollateralAgentoritsnominee pursuant to Section 2.03(c), and execute and deliver to such Grantor, at the Grantors’ expense, such UCC termination statements and other documentation as shall be reasonably requested by the Grantors to effect the termination and release of the Liens with respect to such Pledged Ownership Interests created under this Agreement,

(ii)    the security interest granted by such First-Tier, such Second-Tier Subsidiary, and the HoldCo that directly or indirectly owns such Project shall automatically terminate, all rights to the applicable Collateral shall automatically revert to such Person, and the Collateral Agent shall, at the Grantors’ expense, following notice of such occurrence from the Administrative Agent, forthwith cause to be assigned, transferred and delivered, against receipt but without any recourse,warranty orrepresentation whatsoever, any remaining Collateral ofsuch PersonandmoneyreceivedinrespectofsuchCollateral,toorontheorderofsuch Person, respectively, including, without limitation, delivering any Instruments or Certificated Securities, in the Collateral Agent’s possession,

(iii)    theCollateralAgentshallexecuteanddelivertosuchPerson,atthe Grantors’ expense, such UCC termination statements and other documentation as shall be reasonably requested by such Person to effect the termination and release of the applicable Liens created under this Agreement,

(iv)    without limiting or modifying the obligations of any other Grantor, the Guaranty provided by such Person pursuant to Article VIhereof shall be terminated, and

(v)    each such Person shall cease to be a Grantor hereunder.

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(c)    NotwithstandinganythingtothecontraryinthisAgreement,butsubjectto Section 7.14, upon the occurrence of the date on which the Back-Leverage Date for all Projects shall have occurred:

(i)    the security interest granted by the Devco Borrower hereby shall automatically terminate, all rights to the applicable Collateral shall automatically revert to the Devco Borrower, and the Collateral Agent shall, at the Grantors’ expense, following notice of such occurrence from the Administrative Agent, forthwith cause to be assigned, transferred and delivered, against receipt but without any recourse, warranty or representation whatsoever, any remaining applicableCollateralandmoneyreceivedinrespectofsuchCollateral,tooronthe orderoftheDevcoBorrower,including,withoutlimitation,deliveringtotheDevco Borrower any Instruments, Certificated Securities or any other Collateral in the Collateral Agent’s possession,

(ii)    the Collateral Agent shall execute and deliver to the Devco Borrower, at the Grantors’ expense such UCC termination statements and other documentationasshallbereasonablyrequestedbytheDevcoBorrowertoeffect the termination and release of the applicable Liens created under this Agreement, and

(iii)    theDevco Borrower shall cease to be a Grantor hereunder.

Section2.11    Commercial Tort Claims. Each Grantor agrees that, if such Grantor shall acquireanyinterestinanyCommercialTortClaiminexcessof$1,000,000(whetherfromanother PersonorbecausesuchCommercialTortClaimshallhavecomeintoexistence),(i)suchGrantor shall,promptlyuponsuchacquisition,delivertotheCollateralAgentanoticeoftheexistenceand natureofsuchCommercialTortClaimanddeliverasupplementtoAnnex5informandsubstance reasonably acceptable to the Collateral Agent (at the written direction of the Administrative Agent)containingaspecificdescriptionofsuchCommercialTortClaim,certifiedbysuchGrantor as true, correct and complete, (ii) the provision of Section 2.01shall apply to such Commercial Tort Claim (and such Grantor authorizes the Collateral Agent to supplement such annex with a description of such Commercial Tort Claim if such Grantor fails to deliver the supplement describedinclause(i)),and(iii)suchGrantorshallexecuteanddelivertotheCollateralAgent,in each case in form and substance reasonably satisfactory to the Collateral Agent, any certificate, agreement and other document, and take all other action, determined by the Collateral Agent (at thewrittendirectionoftheAdministrativeAgent)tobereasonablynecessaryorappropriateforthe Collateral Agent to obtain a first-priority, perfected security interest in all such Commercial Tort Claims. Any supplement to Annex 5delivered pursuant to this Section 2.11shall become part of such Annex 5for all purposes hereunder.

Section2.12    GovernmentalAuthorities.Consent,authorization,approvalorotheraction by, and notice to or filing with, applicable Governmental Authorities may be required for the exercisebytheCollateralAgentortheSecuredPartiesoftheremediesinrespectoftheCollateral pursuant to this Agreement in connection with the sale, transfer or other disposition of the

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Collateralunderlawsaffectingtheregulationofownershiporoperationofutilityassets(including the disposition or transfer of facilities subject to the jurisdiction of FERC).

Section 2.13    SpecialProvisionsRelatingtoPledgedOwnershipInterests.

(a)    Subject to Section 5.01, the applicable Grantor shall have the right to exerciseallvoting,consensualandotherpowersofownershippertainingtotheapplicablePledged Ownership Interests for all purposes not inconsistent with the terms of any Credit Document or other document pursuant to which any other Secured Obligation is incurred, as applicable, providedthattheapplicableGrantorshallnotvotethePledgedOwnershipInterestsinanymanner that is inconsistent with the terms of any Credit Document or other document pursuant to which any other Secured Obligation is incurred, as applicable; and the Collateral Agent shall, at the applicable Grantor’s expense, execute and deliver to the applicable Grantor or cause to be executedanddeliveredtotheapplicableGrantorallsuchproxies,powersofattorney,dividendand other orders and other instruments, without recourse, as the applicable Grantor may reasonably requestforthepurposeofenablingtheapplicableGrantortoexercisetherightsandpowersthatit is entitled to exercise pursuant to this Section 2.13.

(b)    IfanEventofDefaulthasoccurredandiscontinuing(subjecttoSection5.01),theCollateralAgentshallhavetheright,tothefullestextentpermittedbyApplicableLaw, to exercise all voting, consensual and other powers of ownership pertaining to the Pledged Ownership Interests as if the Collateral Agent were the sole and absolute owner thereof (and the applicableGrantoragreestotakeallsuchactionasmaybeappropriatetogiveeffecttosuchright).

(c)    So long as no Event of Default has occurred and is continuing, the applicableGrantorshallbeentitledtoreceiveandretainanyandalldividendsanddistributionson the Ownership Collateral made in accordance with the Credit Documents.

(d)    If any Event of Default has occurred and is continuing, and whether or not the Collateral Agent or any Secured Party exercises any available right to declare any Secured Obligation due and payable or seeks or pursues any other right, remedy, power or privilege availabletoitunderApplicableLaw,thisAgreementoranyotherCreditDocument,asapplicable, all dividends and other distributions on the Ownership Collateral shall be paid directly to the CollateralAgentandretainedbyitaspartoftheOwnershipCollateral,subjecttothetermsofthis Agreement, and, if the Collateral Agent so requests, the applicable Grantor shall execute and deliver to the Collateral Agent appropriate additional dividend, distribution and other orders and instruments to that end; providedthat if that Event of Default is cured, any such dividend or distribution paid to the Collateral Agent prior to that cure shall, upon request of the applicable Grantor (except to the extent applied to the Secured Obligations), be returned by the Collateral Agent to the applicable Grantor.

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ARTICLE III

REPRESENTATIONS

AsofthedateofthisAgreement,eachTaxEquityEffectiveDateandeachTC Structure Effective Date:

Section 3.01    Organization;Power;Authorization; Validity.

(a)    WithoutlimitingthegeneralityofthisSection3.01,eachGrantorrepresents andwarrantsthat(i)suchGrantorisdulyformed,validlyexistingandingoodstandingunderthe lawsofthejurisdictionofitsformationand,exceptwherethefailuretodosocouldnotreasonably be expected to result in a Material Adverse Effect, is qualified to do business in, and is in good standing in, each jurisdiction where such qualification is required, and has all requisite limited liability company power and authority to carry on its business as now conducted, (ii) the execution,deliveryandperformancebysuchGrantorofitsobligationsunderthisAgreement,the CreditAgreement,theotherCreditDocumentsandtheProjectDocumentstowhichitisapartyare within such Grantor’s limited liability company, partnership or corporate powers and have been dulyauthorizedbyallnecessarylimitedliabilitycompany,partnershiporcorporateaction,and,if required,byallnecessarymember,partnerorshareholderaction,and(iii)thisAgreementhasbeen dulyexecutedanddeliveredbysuchGrantorandconstitutesalegal,validandbindingobligation of such Grantor, enforceable against such Grantor in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law.

(b)    Annex1correctlysetsforthsuchGrantor’sfullandcorrectlegalname,type oforganization,jurisdictionoforganization,chiefexecutiveoffice,placeofbusinessandmailing address as of the date of this Agreement.

(c)    ExceptassetforthonAnnex1,suchGrantorhasnotpreviouslychangedits location(asdefinedinSection9-307oftheUCC),itsnameorpreviouslybecomea“newdebtor” (as defined in the UCC) with respect to a currently effective security agreement entered into by another Person.

Section3.02    Title.SuchGrantoristhesolebeneficialowneroftheCollateralinwhichit purports to grant a security interest pursuant to this Agreement, and no Lien exists or will exist uponsuchCollateral,exceptforthePermittedLiens.Thesecurityinterestcreatedpursuanthereto constitutesavalidandperfectedfirstprioritysecurityinterestintheCollateral,subjecttonoother LiensexceptPermittedLiens,and,astothepriorityofsuchLiens,subjectonlytoPermittedLiens that,pursuanttoApplicableLaw,areentitledtoahigherprioritythanorequalprioritytotheLiens granted by this Agreement. The Liens granted by this Agreement have attached to all Collateral owned by the Grantors and constitute a perfected security interest in all of the Collateral (other thanIntellectualPropertyregisteredorotherwiselocatedoutsideoftheUnitedStatesofAmerica), subject to no other Liens except Permitted Liens, and as to the priority of such Liens, Permitted Liens that, pursuant to Applicable Law, are entitled to a higher priority than or equal to the Liens granted by this Agreement.

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Section3.03    IntellectualProperty.Annexes2,3,and4respectively,setforthacomplete and correct list of all Copyrights, Patents and Trademarks owned by such Grantor on the date hereof.

Section3.04    Commercial Tort Claims. Annex 5sets forth a complete and correct list of all Commercial Tort Claims in excess of $1,000,000 of such Grantor in existence on the date hereof.

Section3.05    DepositandSecuritiesAccounts.Annex6setsforthacompleteandcorrect listofallDepositAccountsandSecuritiesAccountsforsuchGrantoronthedatehereofwhichare not Collateral Accounts.

Section 3.06    Pledged Ownership Interests.

(a)    ThePledgedOwnershipInterestsidentifiedinAnnex7aredulyauthorized, validly existing, fully paid and nonassessable, and none of the Pledged Ownership Interests are subject to any contractual restriction, upon the pledge or transfer of such Pledged Ownership Interests (except for any such restriction contained (u) herein, (v) in the other Credit Documents, (w)inanyapplicableTaxEquityDocuments,(x)inanyapplicableTCStructureDocuments,(y)in any applicable Tax Credit Transfer Document or (z) in the Power Purchase Agreements). Such Pledged Ownership Interests exist in a certificated form, except for the membership interests of AC1 ASOA.

(b)    ThePledgedOwnershipInterestsidentifiedinAnnex7constitute,(i)allof theissuedandoutstandingmembershipinterestsineachDevcoBorrowerSubsidiarythen outstanding and owned by Devco Borrower (whether or not registered in the name of Devco Borrower), (ii) all the issued and outstanding membership interests in AC1 ASOA then outstandingandownedbytheAmericanBeechProjectCompany(whetherornotregisteredinthe name of the American Beech Project Company), (iii) all the issued and outstanding membership interests in Bluebird IRB SPV then outstanding and owned by the Bluebird Project Company (whether or not registered in the name of the Bluebird Project Company), (iv) all the issued and outstanding membership interests in the Prairie Project Company then outstanding and owned by the Prairie HoldingsTE Partnership(whether or not registered in the name of the Prairie HoldingsTE Partnership), (v) all of the issued and outstanding membership interests in each Opco Borrower 1 Subsidiary then outstanding and owned by Opco Borrower 1 (whether or not registered in the name of Opco Borrower 1), (vi) all of the issued and outstanding membership interests in each Opco Borrower 2 Subsidiary then outstanding and owned by Opco Borrower 2 (whether or not registered in the name of Opco Borrower 2)and, (vii) all of the issued and outstanding membership interests in the Bluebird TE Partnership then outstanding and owned by OpcoBorrower1(whetherornotregisteredinthenameofOpcoBorrower1),and(viii)alloftheissued and outstanding membership interests in the Prairie TE Partnership thenoutstandingandownedbyClassBMember(Prairie)(whetherornotregisteredinthenameof Class B Member (Prairie)),and Annex 7correctly identifies the issuer of such Pledged Ownership Interests and the respective number (and registered owners) of the interests identified in Annex 7.

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(c)

(i)    noPersonotherthanDevcoBorroweristheregisteredownerofany Devco Borrower Subsidiary Pledged Ownership Interests;

(ii)    no Person other than the American Beech Project Company is the registered owner of the AC1 ASOA Pledged Ownership Interests;

(iii)    no Person other than Bluebird Project Company is the registeredowner of the Bluebird IRB SPV Pledged Ownership Interests;

(iv)    noPersonotherthanPrairieHoldingsTEPartnershipistheregistered owner of the Prairie Pledged Ownership Interests;

(v)    no Person other than Opco Borrower 1 is the registered owner ofany Opco Borrower 1 Subsidiary Pledged Ownership Interests;

(vi)    no Person other than Opco Borrower 2 is the registered owner ofany Opco Borrower 2 Subsidiary Pledged Ownership Interests;

(vii)    no personPersonother than the Opco Borrower 1 is the registered owner of the Bluebird TE Pledged Ownership Interests; and

(viii)    nopersonPersonotherthan Class BMember(AmericanBeech)is the registered owned of American BeechTE Pledged Ownership Interests; and

(ix)    noPersonotherthanClassBMember(Prairie)istheregisteredowner of PrairieTE Pledged Ownership Interests.

Section 3.07    Consent to Transfer.

(a)    Devco Borrower, as the managing member, general partner or director of each Devco Borrower Subsidiary, and the sole owner of the membership interests, partnership interest or shares set forth in Annex 7, hereby irrevocably consents (for all purposes under the applicable Organizational Documents of each Devco Borrower Subsidiary and notwithstanding anything to the contrary set forth in such Organizational Documents) to the transfer by the Collateral Agent or the applicable Secured Parties of the applicable Devco Borrower Subsidiary PledgedOwnershipIntereststoanyPersonupontheoccurrenceandduringthecontinuationofan EventofDefaultanduponexercisebytheCollateralAgentofitsremediesunderSections5.01and 5.03. Consent, authorization, approval or other action by, and notice to or filing with, applicable Governmental Authorities may be required for the exercise by the Collateral Agent or the applicableSecuredPartiesoftheremediesinrespectoftheCollateralpursuanttothisAgreement inconnectionwiththesale,transferorotherdispositionoftheCollateralunderlawsaffectingthe offeringandsaleofsecuritiesgenerallyortheregulationofownershiporoperationofutilityassets (including the disposition or transfer of facilities subject to the jurisdiction of FERC).

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(b)    Opco Borrower 1, as the managing member, general partner or director of each Opco Borrower 1 Subsidiary, and the sole owner of the membership interests, partnership interest or shares set forth in Annex 7, hereby irrevocably consents (for all purposes under the applicable Organizational Document of each Opco Borrower 1 Subsidiary and notwithstanding anything to the contrary set forth in such Organizational Documents) to the transfer by the Collateral Agent or the applicable Secured Parties of the applicable Opco Borrower 1 Subsidiary PledgedOwnershipIntereststoanyPersonupontheoccurrenceandduringthecontinuationofan EventofDefaultanduponexercisebytheCollateralAgentofitsremediesunderSections5.01and 5.03. Consent, authorization, approval or other action by, and notice to or filing with, applicable Governmental Authorities may be required for the exercise by the Collateral Agent or the applicableSecuredPartiesoftheremediesinrespectoftheCollateralpursuanttothisAgreement inconnectionwiththesale,transferorotherdispositionoftheCollateralunderlawsaffectingthe offeringandsaleofsecuritiesgenerallyortheregulationofownershiporoperationofutilityassets (including the disposition or transfer of facilities subject to the jurisdiction of FERC).

(c)    Opco Borrower 2, as the managing member, general partner or director of each Opco Borrower 2 Subsidiary, and the sole owner of the membership interests, partnership interest or shares set forth in Annex 7, hereby irrevocably consents (for all purposes under the applicable Organizational Document of each Opco Borrower 2 Subsidiary and notwithstanding anything to the contrary set forth in such Organizational Documents) to the transfer by the Collateral Agent or the applicable Secured Parties of the applicable Opco Borrower 2 Subsidiary PledgedOwnershipIntereststoanyPersonupontheoccurrenceandduringthecontinuationofan EventofDefaultanduponexercisebytheCollateralAgentofitsremediesunderSections5.01and 5.03. Consent, authorization, approval or other action by, and notice to or filing with, applicable Governmental Authorities may be required for the exercise by the Collateral Agent or the applicable Secured Partiesof the remediesinrespect of the Collateral pursuantto thisAgreement inconnectionwiththesale,transferorotherdispositionoftheCollateralunderlawsaffectingthe offeringandsaleofsecuritiesgenerallyortheregulationofownershiporoperationofutilityassets (including the disposition or transfer of facilities subject to the jurisdiction of FERC).

(d)    The American Beech Project Company, as the sole owner of the membershipinterestssetforthinAnnex7,herebyirrevocablyconsents(forallpurposesunderthe applicable American Beech LLC Agreement and notwithstanding anything to the contrary set forth in such American Beech LLC Agreement) to the transfer by the Collateral Agent or the applicableSecuredPartiesoftheAC1ASOAPledgedOwnershipIntereststoanyPersonuponthe occurrenceandduringthecontinuationofanEventofDefaultanduponexercisebytheCollateral Agent of its remedies under Sections 5.01and 5.03. Consent, authorization, approval or other action by, and notice to or filing with, applicable Governmental Authorities may be required for theexercisebytheCollateralAgentortheapplicableSecuredPartiesoftheremediesinrespectof theCollateralpursuanttothisAgreementinconnectionwiththesale,transferorotherdisposition oftheCollateralunderlawsaffectingtheofferingandsaleofsecuritiesgenerallyortheregulation ofownershiporoperationofutilityassets(includingthedispositionortransferoffacilitiessubject to the jurisdiction of FERC).

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(e)    The Bluebird Project Company, as the managing member of the Bluebird IRBSPV,andthesoleownerofthemembershipinterestssetforthinAnnex7,herebyirrevocably consents (for all purposes under the applicable Bluebird IRB SPV LLC Agreement and notwithstandinganythingtothecontrarysetforthinsuchBluebirdLLCAgreement)tothetransfer by the Collateral Agent or the applicable Secured Parties of the Bluebird IRB SPV Pledged OwnershipIntereststoanyPersonupontheoccurrenceandduringthecontinuationofanEventof Default and upon exercise by the Collateral Agent of its remedies under Sections 5.01and 5.03. Consent, authorization, approval or other action by, and notice to or filing with, applicable Governmental Authorities may be required for the exercise by the Collateral Agent or the applicableSecuredPartiesoftheremediesinrespectoftheCollateralpursuanttothisAgreement inconnectionwiththesale,transferorotherdispositionoftheCollateralunderlawsaffectingthe offeringandsaleofsecuritiesgenerallyortheregulationofownershiporoperationofutilityassets (including the disposition or transfer of facilities subject to the jurisdiction of FERC).

(f)    Prairie HoldingsTE Partnership, as the managing member of the Prairie Project Company, and the sole owner of the membership interests set forth in Annex 7, hereby irrevocably consents (for all purposes under the applicable PrairieSolarLLC Agreement and notwithstandinganythingtothecontrarysetforthinsuchthePrairieSolarLLCAgreement)tothe transferbytheCollateralAgentortheapplicableSecuredPartiesofthePrairiePledgedOwnership IntereststoanyPersonupontheoccurrenceandduringthecontinuationofanEventofDefaultand upon exercise by the Collateral Agent of its remedies under Sections 5.01and 5.03. Consent, authorization, approval or other action by, and notice to or filing with, applicable Governmental Authorities may be required for the exercise by the Collateral Agent or the applicable Secured Parties of the remedies in respect of the Collateral pursuant to this Agreement in connection with thesale,transferorotherdispositionoftheCollateralunderlawsaffectingtheofferingandsaleof securities generally or the regulation of ownership or operation of utility assets (including the disposition or transfer of facilities subject to the jurisdiction of FERC).

(g)    OpcoBorrower1,asthemanagingmemberoftheBluebirdTEPartnership, andthesoleownerofthemembershipinterestssetforthinAnnex7,herebyirrevocablyconsents (for all purposes under the applicable Bluebird TE Partnership LLC Agreement and notwithstanding anything to the contrary set forth in such Bluebird TE Partnership LLC Agreement) to the transfer by the Collateral Agent or the applicable Secured Parties of the applicable Bluebird TE Pledged Ownership Interests to any Person upon the occurrence and during the continuation of an Event of Default and upon exercise by the Collateral Agent of its remedies under Sections 5.01and 5.03. Consent, authorization, approval or other action by, and notice to or filing with, applicable Governmental Authorities may be required for the exercise by the Collateral Agent or the applicable Secured Parties of the remedies in respect of the Collateral pursuant to this Agreement in connection with the sale, transfer or other disposition of the Collateral under laws affecting the offering and sale of securities generally or the regulation of ownershiporoperationofutilityassets(includingthedispositionortransferoffacilitiessubjectto the jurisdiction of FERC).

(h)    Class B Member (American Beech), as the managing member of the American Beech TE Partnership, and the sole owner of the membership interests set forth in

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Annex7,herebyirrevocablyconsents(forallpurposesundertheAmericanBeechTEPartnership LLC Agreement and notwithstanding anything to the contrary set forth in American Beech TE Partnership LLC Agreement) to the transfer by the Collateral Agent or the applicable Secured PartiesoftheapplicableAmericanBeechTEPledgedOwnershipIntereststoanyPersonuponthe occurrenceandduringthecontinuationofanEventofDefaultanduponexercisebytheCollateral Agent of its remedies under Sections 5.01and 5.03. Consent, authorization, approval or other action by, and notice to or filing with, applicable Governmental Authorities may be required for theexercisebytheCollateralAgentortheapplicableSecuredPartiesoftheremediesinrespectof theCollateralpursuanttothisAgreementinconnectionwiththesale,transferorotherdisposition oftheCollateralunderlawsaffectingtheofferingandsaleofsecuritiesgenerallyortheregulation ofownershiporoperationofutilityassets(includingthedispositionortransferoffacilitiessubject to the jurisdiction of FERC).

(i)    Class B Member (Prairie), as the managing member of the Prairie TEPartnership, and the sole owner of the membership interests set forth in Annex 7,herebyirrevocably consents (for all purposes under the Prairie TE Partnership LLC Agreementand notwithstanding anything to the contrary set forth in Prairie TE Partnership LLCAgreement) to the transfer by the Collateral Agent or the applicable Secured Parties of theapplicable Prairie TE Pledged Ownership Interests to any Person upon the occurrence andduringthecontinuationofanEventofDefaultanduponexercisebytheCollateralAgentofits remedies under Sections 5.01 and 5.03. Consent, authorization, approval or other actionby, and notice to or filing with, applicable Governmental Authorities may be required forthe exercise by the Collateral Agent or the applicable Secured Parties of the remedies inrespectoftheCollateralpursuanttothisAgreementinconnectionwiththesale,transferorother disposition of the Collateral under laws affecting the offering and sale of securitiesgenerally or the regulation of ownership or operation of utility assets (including thedisposition or transfer of facilities subject to the jurisdiction of FERC).

ARTICLE IV

COVENANTS

Section4.01Further Assurances. Each Grantor agrees that, from time to time upon the writtenrequestoftheCollateralAgent(atthewrittendirectionoftheAdministrativeAgent),such Grantorshallexecuteanddeliversuchfurtherdocumentsanddosuchotheractsandthingsasthe Collateral Agent may reasonably request in order to fully effect the purposes of this Agreement. Without limiting the generality of the foregoing, but subject to Permitted Dispositions, each Grantor shall maintain the security interest created by this Agreement as a perfected security interest having at least the priority described in Section 3.02and subject to any Permitted Liens, shall defend such security interest against the claims and demands of all Persons whomsoever.

Section4.02Covenants.EachGrantoragreesthatitwillbethesoleownerofthePledged OwnershipInterestsidentifiedasbeingownedbysuchGrantoronAnnex7hereto,andexceptfor theOperativeDocumentstowhichitisaparty,suchGrantorshallnotexecuteabindingagreement tobecomeageneralorlimitedpartnerinanypartnership,orajointventurerinanyjointventureor a member in any limited liability company.

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Section4.03Consent to Transfer. Without the prior written consent of Collateral Agent (at the written direction of the Administrative Agent) or as otherwise permitted by the Credit Agreement, no Grantor will cause, suffer or permit, the sale, assignment, conveyance or other transfer of all or any portion of the Pledged Ownership Interests owned by such Grantor.

Section4.04Preservation of Collateral. With respect to any new Subsidiary created or acquired after the Financial Closing Date by any Borrower or any other Grantor and directly owned by such Borrower or such Grantor, as applicable, such Borrower or such Grantor, as applicable, shall promptly after such Subsidiary is created or acquired (but in no event later than the earlier of five (5) Business Days after such Subsidiary first acquiring any material assets and ten(10)BusinessDaysafterthedateofsuchcreationoracquisition),(i)notifytheAdministrative Agent of the creation or acquisition of such Subsidiary, (ii) cause such Subsidiary to execute and delivertotheAdministrativeAgentaGuarantorSupplement,substantiallyintheformofAnnex8tothisAgreement,pursuanttowhichitwillbecomeaGuarantorandaGrantorandbeboundasa Guarantor and as a Grantor by the applicable terms and provisions thereof, (iii) take such other actionsasarereasonablynecessarytogranttotheCollateralAgentaperfectedfirstpriorityLienin theEquityInterestsofsuchSubsidiaryandallCollateralownedbysuchSubsidiary(includingthe execution of an amendment to this Agreement) and (iv) upon request of any Lender, provide all documentationandotherinformationrequiredbybankregulatoryauthoritieswithrespecttosuch Subsidiary, including a properly completed and signed applicable IRS Form W-8, under applicable“know-your-customer”andanti-moneylaunderingrulesandregulations,includingthe USA PATRIOT Act, which are applicable to such Lender.

ARTICLEV

REMEDIES

Section5.01    Events of Default, Etc.If any Event of Default shall have occurred and be continuing, at the written direction of the Administrative Agent:

(a)    TheCollateralAgentmayrequireeachGrantorto,andsuchGrantorshall, assembletheCollateralownedbyitatsuchplaceorplaces,reasonablyconvenienttoboththe Collateral Agent and such Grantor, designated in the Collateral Agent’s request;

(b)    TheCollateralAgentmaymakeanyreasonablecompromiseorsettlementit determines with respect to any of the Collateral and may extend the time of payment, arrange for payment in installments, or otherwise modify the terms of all or any part of the Collateral;

(c)    The Collateral Agent may, in its name or in the name of the applicable Grantor or otherwise, demand, sue for, collect or receive any money or property at any time payableorreceivableonaccountoforinexchangeforalloranypartoftheCollateral,butshallbe under no obligation to do so;

(d)    The Collateral Agent may, upon ten (10) Business Days’ prior written noticetoeachGrantorofthetimeandplace,withrespecttoalloranypartoftheCollateralwhich shall then be or shall thereafter come into the possession, custody or control of the Collateral Agent or any of its agents, sell, lease or otherwise dispose of all or any part of such Collateral, at

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such place or places as the Collateral Agent determines, for cash, for credit or for future delivery (without thereby assuming any credit risk) and at public or private sale, without demand of performance or notice of intention to effect any such disposition or of time or place of any such sale (except such notice as is required above or by applicable statute and cannot be waived), and theCollateral Agentor any other Personmaybethe purchaser, lesseeorrecipient ofanyor all of the Collateral so disposed of at any public sale (or, to the extent permitted by law, at any private sale) and thereafter hold the same absolutely, free from any claim or right of whatsoever kind, includinganyrightorequityofredemption(statutoryorotherwise),oftheapplicableGrantor,any such demand, notice and right or equity being hereby expressly waived and released. The CollateralAgentmay,withoutnoticeorpublication,adjournanypublicorprivatesaleorcausethe sametobeadjournedfromtimetotimebyannouncementatthetimeandplacefixedforthesale, and such sale may be made at any time or place to which the sale may be so adjourned;

(e)    The Collateral Agent shall have, and may exercise, all of the rights, remedies, powers and privileges with respect to the Collateral of a secured party under the UCC (whether or not the UCC is in effect in the jurisdiction where such rights, remedies, powers and privileges are asserted) and such additional rights, remedies, powers and privileges to which a secured party is entitled under the laws in effect in any jurisdiction where any rights, remedies, powersandprivilegesinrespectofthisAgreementortheCollateralmaybeasserted,includingthe right,tothemaximumextentpermittedbylaw,toexerciseallvoting,consensualandotherpowers of ownership pertaining to the Collateral as if the Collateral Agent were the sole and absolute owner of the Collateral (and each Grantor agrees to take all such action as may be appropriate to give effect to such right);

(f)    The Collateral Agent may, to the fullest extent provided by law, have a courthavingjurisdictionappointareceiver,whichreceivershalltakechargeandpossessionofand protect,preserve,replaceandrepairtheCollateraloranypartthereof,andmanageandoperatethe same, and receive and collect all rents, income, receipts, royalties, revenues, issues and profits therefrom. Each Grantor irrevocably consents and shall be deemed to have hereby irrevocably consentedtotheappointmentthereof,anduponsuchappointment,suchGrantorshallimmediately deliverpossessionofsuchCollateraltothereceiver.EachGrantoralsoirrevocablyconsentstothe entryofanorderauthorizingsuchreceivertoinvestuponinterestanyfundsheldorreceivedbythe receiver in connection with such receivership. The Collateral Agent shall be entitled to such appointmentasamatterofright,ifitshallsoelect,withoutthegivingofnoticetoanyotherparty and without regard to the adequacy of the security of the Collateral; and

(g)    The Collateral Agent may enforce one or more remedies hereunder, successively or concurrently, and such action shall not operate to estop or prevent the Collateral Agentfrompursuinganyotherorfurtherremedywhichitmayhavehereunderorbylaw,andany repossession or retaking or sale of the Collateral pursuant to the terms hereof shall not operate to release any Grantor until full and final payment of any deficiency has been made in cash. Each Grantor,onajointandseveralbasis,shallreimbursetheCollateralAgentupondemandfor,orthe Collateral Agent may apply any proceeds of Collateral to, the costs and expenses (including documentedattorneys’fees,transfertaxesandanyothercharges)incurredbytheCollateralAgent

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inconnectionwithanysale,disposition,repair,replacement,alteration,addition,improvementor retention of any Collateral hereunder.

Section5.02    Deficiency. If the proceeds of or other realization upon, the Collateral by virtue of the exercise of remedies under Section 5.01are insufficient to cover the costs and expenses of such exercise and the payment in full of the Secured Obligations, each Grantor, on a joint and several basis, shall remain liable for any deficiency.

Section 5.03    Private Sale.

(a)    The Collateral Agent shall incur no liability as a result of the sale, lease or other disposition of all or any part of the Collateral at any private sale pursuant to Section 5.01conducted in acommercially reasonable manner. Each Grantorherebywaives anyclaims against the Collateral Agent arising by reason of the fact that the price at which the Collateral may have beensoldatsuchaprivatesalewaslessthanthepricewhichmighthavebeenobtainedatapublic saleorwaslessthantheaggregateamountoftheSecuredObligations,eveniftheCollateralAgent accepts the first offer received and does not offer the Collateral to more than one offeree.

(b)    EachGrantorrecognizesthat,byreasonofcertainprohibitionscontainedin the Securities Act of 1933, as amended, and applicable state securities laws, the Collateral Agent maybecompelled,withrespecttoanysaleofalloranypartoftheCollateral,tolimitpurchasersto those who will agree, among other things, to acquire the Collateral for their own account, for investmentandnotwithaviewtodistributionorresale.EachGrantoracknowledgesthatanysuch private sales may be at prices and on terms less favorable to the Collateral Agent than those obtainable through a public sale without such restrictions, and, notwithstanding such circumstances, agrees that any such private sale shall be deemed to have been made in a commerciallyreasonablemannerandthattheCollateralAgentshallhavenoobligationtoengage inpublicsalesandnoobligationtodelaythesaleofanyCollateralfortheperiodoftimenecessary to permit the respective issuer of such Collateral to register it for public sale.

Section 5.04    CashProceedsofCollateral.

(a)    IfsorequestedbytheCollateralAgent(atthewrittendirectionofthe AdministrativeAgent)atanytimeaftertheoccurrenceandduringthecontinuationofanEventof Default,eachGrantorshallinstructallapplicableaccountdebtorsinrespectofAccounts,Chattel Paper and General Intangibles and all obligors on Instruments to make all payments in respect thereof to one or more other banks in the United States of America specified by the Collateral Agent (at the written direction of the Administrative Agent) under arrangements, in form and substance reasonably satisfactory to the Collateral Agent, pursuant to which such Grantor shall have irrevocably instructed such other bank (and such other bank shall have agreed) to remit all proceeds of such payments directly to the Collateral Agent for deposit in accordance with the terms of Section 7.5 of the Credit Agreement and the Depositary Agreement.

(b)    In addition to the foregoing, each Grantor agrees that, at any time after the occurrence and during the continuation of an Event of Default, if the proceeds of any Collateral hereunder (including the payments made in respect of Accounts) shall be received by it, such

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AMENDED AND RESTATED GUARANTY, PLEDGE & SECURITY AGREEMENT (MN8 BRIDGE CONSTRUCTION FINANCING)

Grantor shall as promptly as possible deposit such proceeds in accordance with the terms of Section 7.5 of the Credit Agreement and the Depositary Agreement. Until so deposited, all such proceedsshallbeheldintrustbysuchGrantorforandasthepropertyoftheCollateralAgentand shall not be commingled with any other funds or property of such Grantor.

Section5.05    Application of Proceeds. The Proceeds of or other realization upon, all or any part of the Collateral by virtue of the exercise of remedies under Section 5.01,and any other cash at the time held by the Collateral Agent or under this Article V, shall be applied by the Collateral Agent:

First, to the payment of (a) first, any and all fees, costs, expenses, losses, indemnities and other amounts due and payable to the Agents and the Depositary under the Credit Documents, including all documented, reasonable out-of-pocket costsandexpensesofsuchexerciseofremedies(includingdocumentedreasonable feesandout-of-pocketexpensesoftheAgents,theDepositaryandtheirrespective agents and reasonable fees and expenses of their counsel) and (b) then, the costs and expenses of the Lenders and their counsel, in each case ratably in accordance with such amounts then due such Persons;

Next, to the payment in full of the remaining Secured Obligations equally ratably in accordance with their respective amounts then due and owing; and

Finally,subjecttotherightsofanyotherholderofanyLienintherelevant Collateral, to the payment to the applicable Grantor, or its successors or permitted assigns, or as a court of competent jurisdiction may direct, of any surplus then remaining.

ARTICLEVI

GUARANTY

Section6.01    Guaranty. Each Guarantor hereby absolutely, unconditionally and irrevocably guarantees to the Collateral Agent, on behalf of the Secured Parties, the due, prompt, and faithful performance of, and punctual payment in full when due (whether at scheduled maturity oronanydate ofarequiredprepayment orbyacceleration,demand orotherwise)of,all Obligations now orhereafter existing under orinrespect oftheCredit Documents (including any extensions, modifications, substitutions, amendments or renewals of any or all of the foregoing Obligations),whetherdirectorindirect,absoluteorcontingent,andwhetherforprincipal,interest, premiums,fees,indemnities,contractcausesofaction,costs,expensesorotherwise,butexcluding any Excluded Swap Obligations (such obligations being the “Guaranteed Obligations”), and agrees to pay any and all reasonable and documented expenses (including reasonable and documented fees and expenses of counsel) incurred by the Collateral Agent or any other Secured Party in enforcing any rights under this Section 6.01.

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AMENDED AND RESTATED GUARANTY, PLEDGE & SECURITY AGREEMENT (MN8 BRIDGE CONSTRUCTION FINANCING)

Section 6.02    Guarantyand Grant ofSecurity Interest Absolute.

(a)    Each Guarantor guarantees that the Guaranteed Obligations will be paid in accordance with the terms of the Credit Documents, regardless of any Applicable Law now or hereafterineffectinanyjurisdictionaffectinganyofsuchtermsortherightsofanySecuredParty with respect thereto.To the maximum extent permitted by Applicable Law, the obligations of eachGuarantorunderorinrespectofthisAgreementareindependentoftheObligationsunderor in respect of the Credit Documents, and a separate action or actions may be brought and prosecutedagainsttheGuarantorstoenforcethisAgreement,irrespectiveofwhetheranyactionis broughtagainsttheBorroweroranyotherLoanPartyorwhethertheBorrowerorsuchLoanParty is joined in any such action or actions.The obligations of each Guarantor under this Agreement and the rights of the Collateral Agent and the Liens and security interests hereunder shall be irrevocable, absolute and unconditional irrespective of, and each Guarantor hereby irrevocably waivesanydefensesitmaynowhaveorhereafteracquireinanywayrelatingto,anyorallofthe following:

(i)    anyillegalityorlackofvalidityorenforceabilityoftheGuaranteed Obligations,anyCreditDocumentoranyagreementorinstrumentrelatingthereto;

(ii)    anyfailureoromissiontoassertorenforceoragreementorelection not to assert or enforce, or the stay or enjoining, by order of court, by operation of law or otherwise, of the exercise or enforcement of, any claim or demand or any right, power or remedy (whether arising under the Credit Documents, at law, in equity or otherwise) with respect to the Guaranteed Obligations or any agreement relatingthereto,orwithrespecttoanyotherguarantyoforsecurityforthepayment of the Guaranteed Obligations;

(iii)    any change in the time, manner or place of payment of, or in any other term of, all or any of the Guaranteed Obligations, or any rescission, waiver, amendment or modification of, or any consent to departure from, any of the terms orprovisions(includingprovisionsrelatingtoeventsofdefault)hereof,anyofthe otherCreditDocumentsoranyagreementorinstrumentexecutedpursuantthereto, or of any other guaranty or security for the Guaranteed Obligations, in each case whether or not in accordance with the terms hereof or such Credit Documents, or anyagreementrelatingtosuchotherguarantyorsecurity,includinganyincreasein theGuaranteedObligationsresultingfromtheextensionofadditionalcredittothe Borrower;

(iv)    anytaking,exchange,releaseornon-perfectionofanyCollateral,or any taking, release or amendment or waiver of, or consent to departure from, any guaranty, for all or any of the Guaranteed Obligations;

(v)    any manner of application of Collateral, or Proceeds thereof, to all oranyoftheGuaranteedObligations,oranymannerofsaleorotherdispositionof any Collateral for all or any of the Guaranteed Obligations or any other assets of any Loan Party;

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(vi)    the application of payments received from any source (other than paymentsreceivedpursuanttotheotherCreditDocumentsorfromtheproceedsof anysecurityfortheGuaranteedObligations,excepttotheextentsuchsecurityalso serves as collateral for indebtedness other than the Guaranteed Obligations) to the payment of indebtedness other than the Guaranteed Obligations, even though any Secured Party might have elected to apply such payment to any part or all of the Guaranteed Obligations;

(vii)    any change, restructuring or termination of the corporate structure orexistenceofanyLoanPartyandanySecuredParties’consenttheretoandtoany corresponding restructuring of the Guaranteed Obligations;

(viii)    the failure of any other Person to execute or deliver any other guarantyoragreementorthereleaseorreductionofliabilityofanyotherguarantor or surety with respect to the Guaranteed Obligations;

(ix)    any limitation on any party’s liability or obligations under any Credit Document or any invalidity or unenforceability, in whole or in part, of any such Credit Documents;

(x)    any bankruptcy, insolvency, reorganization, composition, adjustment, dissolution, liquidation or other like proceeding relating to any Loan Party,oranyactiontakenwithrespecttothisAgreementbyanytrusteeorreceiver, or by any court, in any such proceeding;

(xi)    any defenses, set offs or counterclaims which any Loan Party may allegeorassertagainstanySecuredPartyinrespectoftheGuaranteedObligations, including failure of consideration, breach of warranty, payment, statute of frauds, statute of limitations, accord and satisfaction and usury; or

(xii)    any other circumstance (including any statute of limitations but excluding payment in full of the Guaranteed Obligations) that might otherwise constitute a legal or equitable defense available to, or discharge of, a surety or a guarantor.

(b)    In furtherance of the foregoing and without limiting the generality thereof, each Guarantor agrees as follows:

(i)    SuchGuarantor’sguarantyunderSection6.01(the“Guaranty”)isa primary obligation of such Guarantor and not merely a contract of surety;

(ii)    CollateralAgentmayenforcethisGuarantyupontheoccurrenceof an Event of Default that is continuing;

(iii)    TheobligationsofeachGuarantorhereunderareindependentofthe obligations of any Loan Party and the obligations of any other guarantor of the

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AMENDED AND RESTATED GUARANTY, PLEDGE & SECURITY AGREEMENT (MN8 BRIDGE CONSTRUCTION FINANCING)

obligationsofanyLoanParty,andaseparateactionoractionsmaybebroughtand prosecutedagainsttheGuarantorswhetherornotanyactionisbroughtagainstany other Loan Party or any of such other guarantors and whether or not another Loan Party is joined in any such action or actions;

(iv)    Payment by a Grantor of a portion, but not all, of the Guaranteed Obligationsshallinnowaylimit,affect,modifyorabridgetheGuarantors’liability for any portion of the Guaranteed Obligations which has not been paid.Without limiting thegenerality ofthe foregoing,ifCollateral Agentisawardedajudgment in any suit brought to enforce a Grantor’s covenant to pay a portion of the GuaranteedObligations,suchjudgmentshallnotbedeemedtoreleaseanyGrantor from its covenant to pay the portion of the Guaranteed Obligations that is not the subject of such suit; and

(v)    Any Secured Party, upon such terms as it deems appropriate, withoutnoticeordemandandwithoutaffectingthevalidityorenforceabilityhereof orgivingrisetoanyreduction,limitation,impairment,dischargeorterminationof any Guarantor’s liability hereunder, from time to time may (A) renew, extend, accelerate, increase the rate of interest on, or otherwise change the time, place, manner or terms of payment of the Guaranteed Obligations; (B) settle, compromise, release or discharge, or accept or refuse any offer of performance with respect to, or substitutions for, the Guaranteed Obligations or any agreement relating thereto and/or subordinate the payment of the same to the payment of any other obligations; (C) request and accept other guaranties of the Guaranteed Obligations and take and hold security for the payment hereof or the Guaranteed Obligations; (D) release, surrender, exchange, substitute, compromise, settle, rescind, waive, alter, subordinate or modify, with or without consideration, any security for payment of the Guaranteed Obligations, any other guaranties of the Guaranteed Obligations, or any other obligation of any Person with respect to the Guaranteed Obligations; (E) enforce and apply any security now or hereafter held by or for the benefit of such Secured Party in respect hereof or the Guaranteed Obligations and direct the order or manner of sale thereof, or exercise any other rightorremedythatsuchSecuredPartymayhaveagainstanysuchsecurity,ineach caseassuchSecuredPartyinitsdiscretionmaydetermineconsistentherewithand any applicable security agreement, including foreclosure on any such security pursuanttooneormorejudicialornonjudicialsales,whetherornoteveryaspectof anysuchsaleiscommerciallyreasonable,andeventhoughsuchactionoperatesto impairorextinguishanyrightofreimbursementorsubrogationorotherrightor remedy of the Guarantors against any other Loan Party or any security for the Guaranteed Obligations; and (F) exercise any other rights available to it under the Credit Documents.

(c)    Notwithstanding the foregoing provisions of this Section 6.02or Section6.03, the Guarantors shall be entitled to assert all rights, defenses and counterclaims (other than relating to bankruptcy or insolvency in respect of the Borrower and any rights, defenses or

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counterclaims based upon lack of authority, capacity, legal right or power of the Borrower to perform its obligations under the Credit Documents or based upon any Credit Document being unenforceable) to which the Borrower is entitled under the Credit Documents in connection with the Borrower’s performance of their obligations thereunder.

Section 6.03    WaiversandAcknowledgments.

(a)    TheGuarantors’guarantyunderSection6.01isaguaranteeofpaymentand not of collection.Each Guarantor hereby unconditionally and irrevocably waives, to the maximum extent permitted by Applicable Law, promptness, diligence, notice of acceptance, presentment,demandforperformance,noticeofnonperformance,default,acceleration,protestor dishonor and any other notice with respect to any of the Guaranteed Obligations and this AgreementandanyrequirementthatanySecuredPartyprotect,secure,perfectorinsureanyLien oranypropertysubjecttheretoorexhaustanyrightortakeanyactionagainsttheBorrowerorany other Person or any Collateral.

(b)    Each Guarantor hereby acknowledges that this Agreement is continuing in nature and applies to all Guaranteed Obligations, whether existing now or in the future, and shall remaininfullforceandeffectuntilsuchtimeastheGuaranteedObligationshavebeenpaidinfull.

(c)    Each Guarantor hereby unconditionally and irrevocably waives, for the benefit of the Secured Parties, to the maximum extent permitted by Applicable Law, (i) any right to require any Secured Party, as a condition of payment or performance by the Guarantor, to (A) proceed against the Borrower, any other guarantor of the Guaranteed Obligations or any other Person, (B) proceed against or exhaust any security held from the Borrower, any such other guarantor or any other Person, (C) proceed against or have resort to any balance of any deposit accountorcreditonthebooksofanySecuredPartyinfavoroftheBorroweroranyotherPerson, or (D) pursue any other remedy in the power of any Secured Party whatsoever; (ii) any defense arising by reason of the incapacity, lack of authority or any disability or other defense of the Borrowerincludinganydefensebasedonorarisingoutofthelackofvalidityorunenforceability oftheGuaranteedObligationsoranyagreementorinstrumentrelatingtheretoorbyreasonofthe cessation of the liability of the Borrower from any cause other than payment in full of the GuaranteedObligations;(iii)anydefensebaseduponanystatuteorruleoflawwhichprovidesthat theobligationofasuretymustbeneitherlargerinamountnorinotherrespectsmoreburdensome than that of the principal; (iv) any defense based upon any Secured Party’s errors or omissions in the administration of the Guaranteed Obligations, except behavior which amounts to fraud or willful misconduct; (v) (A) any principles or provisions of law, statutory or otherwise, which are or might be in conflict with the terms hereof and any legal or equitable discharge of such Guarantor’sobligationshereunder,(B)thebenefitofanystatuteoflimitationsaffectingsuch Guarantor’sliabilityhereunderortheenforcementhereof,and(C)promptness,diligenceandany requirement that any Secured Party protect, secure, perfect or insure any security interest or Lien or any property subject thereto; (vi) notices, demands, presentments, protests, notices of protest, notices of dishonor and notices of any action or inaction, including acceptance hereof, notices of default hereunder or any agreement or instrument related thereto, notices of any renewal, extensionormodificationoftheGuaranteedObligationsoranyagreementrelatedthereto,notices

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AMENDED AND RESTATED GUARANTY, PLEDGE & SECURITY AGREEMENT (MN8 BRIDGE CONSTRUCTION FINANCING)

ofanyextensionofcredittotheBorrowerandnoticesofanyofthemattersreferredtoinSection 6.02and any right to consent to any thereof; (vii) any defenses or benefits that may be derived from or afforded by law which limit the liability of or exonerate guarantors or sureties, or which may conflict with the terms hereof; (viii) any defense arising by reason of any claim or defense based upon an election of remedies by any Secured Party that in any manner impairs, reduces, releasesorotherwiseadverselyaffectsthesubrogation,reimbursement,exoneration,contribution or indemnification rights of such Guarantor or other rights of such Guarantor to proceed against theBorrower,anyotherguarantororanyotherPersonoranyCollateraland(ix)anydefensebased on any right of set-off or counterclaim against or in respect of the obligations of any Grantor hereunder.

(d)    Each such Guarantor acknowledges that it will receive substantial direct andindirectbenefitsfromthefinancingarrangementscontemplatedbytheCreditDocumentsand that the waivers set forth in Section 6.02and this Section 6.03are knowingly made in contemplation of such benefits.

Section6.04    Subrogation.EachGuarantorherebyunconditionallyandirrevocably agreesnottoexerciseanyrightsthatitmaynowhaveorhereafteracquireagainstanyLoanParty that arise from the existence, payment, performance or enforcement of such Guarantor’s obligations under or in respect of this Agreement, including any right of subrogation, reimbursement, exoneration, contribution or indemnification and any right to participate in any claim or remedy of any Secured Party against any Loan Party or any Collateral, whether or not such claim, remedy or right arises in equity or under contract, statute or common law, including therighttotakeorreceivefromanyLoanPartydirectlyorindirectly,incashorotherpropertyor byset-offorinanyothermanner,paymentorsecurityonaccountofsuchclaim,remedyorright, priortotheDischargeDate.Notwithstandingtheforegoingsentence,ifanyamountshallbepaid to a Guarantor in violation of the immediately preceding sentence at any time prior to the Discharge Date, such amount shall be received and held in trust for the benefit of the Secured Parties, shall be segregated from other property and funds of such Guarantor and shall promptly (and, in any event, within two (2) Business Days) be paid or delivered to the Collateral Agent in the same form as so received (with any necessary endorsement or assignment) to be credited and applied to the Guaranteed Obligations and all other amounts payable under this Agreement, whether matured or unmatured, in accordance with the terms of the Credit Documents, or to be heldasCollateralforanyGuaranteedObligationsorotheramountspayableunderthisAgreement thereafter arising.On the Discharge Date, the Collateral Agent will, at any Guarantor’s request andattheBorrower’sexpense,executeanddelivertosuchPersonappropriatedocuments,without recourseandwithoutrepresentationorwarranty,necessarytoevidencethetransferbysubrogation tosuchGuarantorofaninterestintheGuaranteedObligationsresultingfromsuchpaymentmade by such Guarantor pursuant to this Agreement.

Section6.05    General Limitation on Guarantee Obligations. In any action or proceeding involving any state or provincial corporate law, or any foreign, state, provincial or federal bankruptcy, insolvency, reorganization or other law affecting the rights of creditors generally, if theobligations ofanyGuarantorunderSection6.01wouldotherwisebeheldordeterminedtobe void,invalidorunenforceable,orsubordinatedtotheclaimsofanyothercreditors,onaccountof

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AMENDED AND RESTATED GUARANTY, PLEDGE & SECURITY AGREEMENT (MN8 BRIDGE CONSTRUCTION FINANCING)

theamountofitsliabilityunderSection6.01,then,notwithstandinganyotherprovisionhereofto thecontrary,theamountofsuchliabilityshall,withoutanyfurtheractionbysuchGuarantor,any SecuredPartyoranyotherPerson,beautomaticallylimitedandreducedtothehighestamountthat isvalidandenforceableandnotsubordinatedtotheclaimsofothercreditorsasdeterminedinsuch action or proceeding.

ARTICLE VII

MISCELLANEOUSPROVISIONS

Section7.01    Communication.Exceptasotherwisespecifiedherein,allnoticeshereunder shallbeinwriting(including,withoutlimitation,noticebyelectroniccommunication)andshallbe given to the relevant party at its address set forth below, or such other address as such party may hereafter specify by notice to the other party, by courier, by United States certified or registered mail,orbyotherelectroniccommunicationcapableofcreatingawrittenrecordofsuchnoticeand its receipt.Notices under this Agreement to the Grantors or the Collateral Agent shall be addressed to their respective addresses set forth below:

(A) if to Devco Borrower, at:
MN8 DevCo 3 LLC
1155 Avenue of the Americas
27th Floor, New York, NY 10036
Attention: General Counsel
Email: notices@mn8energy.com
with copy to:
MN8 Energy LLC
1155 Avenue of the Americas
27th Floor, New York, NY 10036
Attention: General Counsel
Email: notices@mn8energy.com
(B) if to Opco Borrower 1, at:
MN8 FMG Class B LLC
1155 Avenue of the Americas
27th Floor, New York, NY 10036
Attention: General Counsel
Email: notices@mn8energy.com
with copy to:
MN8 Energy LLC
1155 Avenue of the Americas
27th Floor, New York, NY 10036
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AMENDED AND RESTATED GUARANTY, PLEDGE & SECURITY AGREEMENT (MN8 BRIDGE CONSTRUCTION FINANCING)

Attention: General Counsel
Email: notices@mn8energy.com
(C) if to Opco Borrower 2, at:
MN8 Bleeker 2 LLC
1155 Avenue of the Americas
27th Floor, New York, NY 10036
Attention: General Counsel
Email: notices@mn8energy.com
with copy to:
MN8 Energy LLC
1155 Avenue of the Americas
27th Floor, New York, NY 10036
Attention: General Counsel
Email: notices@mn8energy.com
(D) if to the Project Companies, at:
American Beech Solar LLC, Bluebird Solar LLC or Prairie Solar 1, LLC
1155 Avenue of the Americas
27th Floor, New York, NY 10036
Attention: General Counsel
Email: notices@mn8energy.com
with copy to:
MN8 Energy LLC
1155 Avenue of the Americas
27th Floor, New York, NY 10036
Attention: General Counsel
Email: notices@mn8energy.com
(E) if to the Collateral Agent, at:
Natixis, New York Branch,
as Collateral Agent
1251 Avenue of The Americas, 5th Floor
New York, NY 10020
Attention: Daniel Fahey
Email: adminagency@natixis.com; daniel.fahey.com
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AMENDED AND RESTATED GUARANTY, PLEDGE & SECURITY AGREEMENT (MN8 BRIDGE CONSTRUCTION FINANCING)

Each such notice, request or other communication shall be effective (i) if given by mail, five (5) days after such communication is deposited in the mail, certified or registered with return receipt requested, addressed as aforesaid, or (ii) if given by any other means, when delivered at the addresses specified in this Section 7.01.

Section7.02    Amendments. No amendment of any provision of this Agreement shall be effective unless the same shall be in writing and signed by the Collateral Agent (at the written directionoftheAdministrativeAgent)andeachGrantor,andsuchconsentshallbeeffectiveonly inthespecificinstanceandforthespecificpurposeforwhichgiven.TheCollateralAgentshallnot be obligated to enter into any amendment that affects its rights, duties or obligations under this Agreement.

Section7.03    SuccessorsandAssigns.ThisAgreementshallbebindinguponandinureto the benefit of the parties hereto and their respective successors and permitted assigns; provided,however,that each Grantor may not assign or transfer any of its rights or interest in or under this Agreement or delegate any of its obligations under this Agreement without the prior written consent of the Collateral Agent (at the written direction of the Administrative Agent); provided, further, that the Collateral Agent shall transfer or assign its rights under this Agreement in connectionwitharesignationorremovalofsuchPersonfromitsrespectivecapacityinaccordance with the terms of the Credit Agreement.

Section7.04    Survival. All agreements, statements, representations and warranties made byeachGrantorhereinorinanycertificateorotherinstrumentdeliveredbysuchGrantororonits behalfunderthisAgreementshallbeconsideredtohavebeenrelieduponbytheCollateralAgent and shall survive the execution and delivery of this Agreement and the other Credit Documents until termination thereof regardless of any investigation made by or on behalf of the Collateral Agent.

Section7.05    No Waiver; Remedies Cumulative. No failure or delay on the part of the Collateral Agent or any Secured Party to exercise and no delay in exercising, and no course of dealingwithrespecttoanyright,remedy,powerorprivilegehereundershalloperateasawaiverof suchright,remedy,powerorprivilegenorshallanysingleorpartialexerciseofanyright,remedy, power or privilege hereunder preclude any other or further exercise thereof or the exercise of any other right, remedy, power or privilege. The rights and remedies herein expressly provided are cumulative and not exclusive of any rights or remedies which the Collateral Agent would otherwise have.

Section7.06    Counterparts. This Agreement may be executed in any number of counterparts, and by the different parties hereto on separate counterpart signature pages, and all such counterparts taken together shall be deemed to constitute one and the same instrument.A facsimile or portable document format (“pdf”) signature page shall constitute an original for purposeshereof.Thewords“execution,”“execute”,“signed,”“signature,”andwordsoflike import in or related to any document to be signed in connection with this Agreement and the transactionscontemplatedhereby(includingwithoutlimitationtheCreditDocuments,certificates, notices, consents, borrowing request and other documents) shall be deemed to include electronic signatures, the electronic matching of assignment terms and contract formations on electronic

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AMENDED AND RESTATED GUARANTY, PLEDGE & SECURITY AGREEMENT (MN8 BRIDGE CONSTRUCTION FINANCING)

platforms approved by the Administrative Agent, or the keeping of records in electronic form, each of which shall be of the same legal effect, validity or enforceability as a manually executed signatureortheuseofapaper-basedrecordkeepingsystem,asthecasemaybe,totheextentandas provided for in any applicable law, including the Federal Electronic Signatures in Global and NationalCommerceAct,theNewYorkStateElectronicSignaturesandRecordsAct,oranyother similar state laws based on the Uniform Electronic Transactions Act.

Section7.07    Captions.Theheadingsoftheseveralarticlesandsectionsandsubsections ofthisAgreementareinsertedforconvenienceonlyandshallnotinanywayaffectthemeaningor construction of any provision of this Agreement.

Section7.08    Severability. Any provision of this Agreement which is unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such unenforceability without invalidating the remaining provisions hereof or affecting the validity or enforceability of such provision in any other jurisdiction.All rights, remedies and powers provided in this Agreement may be exercised only to the extent that the exercise thereof does not violate any applicableprovisionsoflaw,andalltheprovisionsofthisAgreementareintendedtobesubjectto allapplicableprovisionsoflawwhichmaybecontrollingandtobelimitedtotheextentnecessary so that they will not render this Agreement invalid or unenforceable.

Section 7.09    GoverningLaw; Waiverof JuryTrial; Jurisdictionand Process.

(a)    THIS AGREEMENT, AND THE RIGHTS AND DUTIES OF THE PARTIESHERETO,SHALLBECONSTRUEDANDGOVERNEDINACCORDANCEWITH THE LAW OF THE STATE OF NEW YORK.

(b)    EACHPARTYHERETOHEREBYIRREVOCABLYWAIVESANY ANDALLRIGHTTOTRIALBYJURYINANYLEGALPROCEEDINGARISINGOUT OF OR RELATING TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY.

(c)    EACH PARTY HERETO HEREBY SUBMITS TO THE NONEXCLUSIVE JURISDICTION OF ANY NEW YORK STATE OR FEDERAL COURT SITTING IN THE BOROUGH OF MANHATTAN, THE CITY OF NEW YORK, FOR PURPOSES OF ALL LEGAL PROCEEDINGS ARISING OUT OF OR RELATING TO THIS AGREEMENT, THE OTHER CREDIT DOCUMENTS OR THE TRANSACTIONS CONTEMPLATEDHEREBYORTHEREBY.EACHPARTYIRREVOCABLYWAIVES,TO THE FULLEST EXTENT PERMITTED BY LAW, ANY OBJECTION WHICH THEY MAY NOW OR HEREAFTER HAVE TO THE LAYING OF THE VENUE OF ANY SUCH PROCEEDING BROUGHT IN SUCH A COURT AND ANY CLAIM THAT ANY SUCH PROCEEDING BROUGHT IN SUCH A COURT HAS BEEN BROUGHT IN AN INCONVENIENTFORUM.EACHGRANTORAGREES,TOTHEFULLESTEXTENT PERMITTEDBYAPPLICABLELAW,THATAFINALJUDGMENTINANYSUIT,ACTION ORPROCEEDINGOFTHENATUREREFERREDTOINTHISSECTION7.09BROUGHTIN ANY SUCH COURT SHALL BE CONCLUSIVE AND BINDING UPON IT SUBJECT TO RIGHTS OF APPEAL, AS THE CASE MAY BE, AND MAY BE ENFORCED IN THE

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AMENDED AND RESTATED GUARANTY, PLEDGE & SECURITY AGREEMENT (MN8 BRIDGE CONSTRUCTION FINANCING)

COURTS OF THE UNITED STATES OF AMERICA OR THE STATE OF NEW YORK (OR ANYOTHERCOURTSTOTHEJURISDICTIONOFWHICHITORANYOFITSASSETSIS OR MAY BE SUBJECT) BY A SUIT UPON SUCH JUDGEMENT.

(d)    NO CLAIM MAY BE MADE BY ANY BORROWER, ANY OTHER GRANTOR OR ANY OF THEIR RESPECTIVE AFFILIATES, DIRECTORS, EMPLOYEES, ATTORNEYS OR AGENTS AGAINST THE COLLATERAL AGENT OR ANY OF ITS SUCCESSORS IN INTEREST OR ASSIGNS OR THEIR RESPECTIVE AFFILIATES, DIRECTORS, OFFICERS, EMPLOYEES, ATTORNEYS OR AGENTS FOR ANY SPECIAL, INDIRECT, CONSEQUENTIAL OR PUNITIVE DAMAGES IN RESPECT OF ANY CLAIM FOR BREACH OF CONTRACT OR ANY OTHER THEORY OF LIABILITY ARISING OUT OF OR RELATING TO, OR ANY ACT, OMISSION OR EVENT OCCURRING IN CONNECTION WITH THIS AGREEMENT OR ANY OTHER SECURITY DOCUMENT OR THE TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT OR THE OTHER SECURITY DOCUMENTS, AND EACH GRANTOR HEREBY WAIVES, RELEASES AND AGREES NOT TO SUE UPON ANY CLAIM FOR ANY SUCH DAMAGES, WHETHER OR NOT ACCRUED AND WHETHER OR NOT KNOWN OR SUSPECTED TO EXIST IN ITS FAVOR.

Section7.10    Entire Agreement. This Agreement, together with any other agreement executedinconnectionwiththisAgreement,isintendedbythepartiesasafinalexpressionoftheir agreementastothematterscoveredbythisAgreementandisintendedasacompleteandexclusive statement of the terms and conditions of such agreement.

Section7.11    IndependentObligations.EachGrantor’sobligationsunderthisAgreement are independent of those of any other Person. The Collateral Agent may bring a separate action against a Grantor without first proceeding against any other Person or any other security held by the Collateral Agent and without pursuing any other remedy.

Section7.12    Expenses. Each Grantor, on a joint and several basis, agrees to pay or to reimburse the Collateral Agent for all reasonable documented, out-of-pocket costs and expenses (including reasonable and documented out-of-pocket attorney’s fees and expenses) that may be incurredbytheCollateralAgentinanyefforttoenforceanyoftheprovisionsofArticleV,orany of the obligations of such Grantor in respect of the Collateral or in connection with the preservationoftheLienson,ortherightsoftheCollateralAgenttotheCollateralpursuanttothis Agreement or the other Security Documents or any actual or attempted sale, lease, disposition, exchange, collection, compromise, settlement or other realization in respect of, or care of, the Collateral, including all such costs and expenses (and reasonable attorney’s fees and expenses) incurred in any bankruptcy, reorganization, workout or other similar proceeding. The Collateral Agent shall provide reasonable support for any costs, expenses, and/or charges at such Grantor’s reasonable request.

Section7.13    Collateral Agent. The Collateral Agent’s sole duty with respect to the custody,safekeepingandphysicalpreservationoftheCollateralinitspossession,undertheUCC orotherwise,shallbetodealwithitinsubstantiallythesamemannerastheCollateralAgentdeals with similar property for other customers in similar transactions. The Collateral Agent shall be

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AMENDED AND RESTATED GUARANTY, PLEDGE & SECURITY AGREEMENT (MN8 BRIDGE CONSTRUCTION FINANCING)

accountable only for amounts that it actually receives as a result of the exercise of such powers, and neither it nor any of its officers, directors, employees or agents shall be responsible to any Grantor for any act or failure to act hereunder, except for their own gross negligence or willful misconductasdeterminedbyafinalnon-appealablejudgmentofacourtofcompetentjurisdiction. ExceptforreasonablecareandpreservationofanyCollateralinitspossessionandtheaccounting for moneys actually received by it hereunder as described above, the Collateral Agent shall have no duty as to the collection or protection of the Collateral or any income thereon, nor as to the preservation of rights against prior parties, nor as to the preservation of any rights pertaining thereto beyond the safe custody thereof. The Collateral Agent is entering into this Agreement solelyinitscapacityasCollateralAgentundertheCreditAgreementandshallbeentitledtoallof the rights, benefits, protections, indemnities and immunities afforded to it pursuant to the Credit Documents (including without limitation Section 11 of the Credit Agreement), all of which are incorporated herein by reference, mutatis mutandis. It is understood that any reference to the Collateral Agent taking any action, making any determinations, requests, directions, consents or elections, deeming any action or document reasonable, appropriate, necessary, appropriate or satisfactory,exercisingdiscretion,orexercisinganyrightsordutiesunderthisAgreementshallbe pursuant to written direction from the Administrative Agent.

Section7.14    Reinstatement. This Agreement and the obligations of the Grantors hereunder shall automatically be reinstated if and to the extent that for any reason any payment made pursuant to any Credit Document is rescinded or must otherwise be restored or returned, whetherasaresultofanyproceedingsinbankruptcyorreorganizationorotherwisewithrespectto suchGrantororanyotherPersonorasaresultofanysettlementorcompromisewithanyPersonin respect of such payment, and the Grantors shall be jointly and severally obligated to pay the Collateral Agent promptly on demand for all reasonable and reasonably documented costs and expenses (including reasonable and reasonably documented fees of counsel) incurred by the Collateral Agent in connection with such rescission or restoration.

Section7.15    Amendment and Restatement. The Existing Security Agreement is hereby amendedandrestatedinitsentiretybythisAgreement,andtheExistingSecurityAgreementshall hereafter be replaced and superseded in all respects by this Agreement.

[SIGNATURESTOFOLLOW]

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AMENDED AND RESTATED GUARANTY, PLEDGE & SECURITY AGREEMENT (MN8 BRIDGE CONSTRUCTION FINANCING)

IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed and delivered by their respective authorized officers as of the date first written above.

GRANTORS:
MN8 DEVCO 3 LLC,
a Delaware limited liability company
By:
Name:
Title:
MN8 BLEEKER 2 LLC,
a Delaware limited liability company
By:
Name:
Title:
AMERICAN BEECH SOLAR LLC,
a North Carolina limited liability company
By:
Name:
Title:
AMERICAN BEECH SOLAR HOLDINGS
LLC,
a Delaware limited liability company
By:
Name:
Title:

[Signature Page to Amended and Restated Guaranty, Pledge and Security Agreement (MN8 Bridge Construction Financing)]


BLUEBIRD SOLAR LLC,
a Kentucky limited liability company
By:
Name:
Title:
BLUEBIRD SOLAR INVESTMENTS LLC,
a Kentucky limited liability company
By:
Name:
Title:
PRAIRIE SOLAR 1, LLC,
a Delaware limited liability company
By:
Name:
Title:
PRAIRIE SOLAR HOLDINGS LLC,
a Delaware limited liability company
By:
Name:
Title:
PRAIRIE BX LLC,
a Delaware limited liability company
By:
Name:
Title:

[Signature Page to Amended and Restated Guaranty, Pledge and Security Agreement (MN8 Bridge Construction Financing)]


MN8 FMG CLASS B LLC,
a Delaware limited liability company
By:
Name:
Title:
MN8 FMG LLC,
a Delaware limited liability company
By:
Name:
Title:

[Signature Page to Amended and Restated Guaranty, Pledge and Security Agreement (MN8 Bridge Construction Financing)]


COLLATERAL AGENT:
NATIXIS, NEW YORK BRANCH,
as Collateral Agent for the Secured Parties
By:
Name:
Title
By:
Name:
Title

[Signature Page to Amended and Restated Guaranty, Pledge and Security Agreement (MN8 Bridge Construction Financing)]


AMENDED AND RESTATED

GUARANTY, PLEDGE & SECURITY AGREEMENT

(MN8 BRIDGE CONSTRUCTION FINANCING)


AMENDED AND RESTATED

GUARANTY, PLEDGE & SECURITY AGREEMENT

(MN8 BRIDGE CONSTRUCTION FINANCING)


AMENDED AND RESTATED

GUARANTY, PLEDGE & SECURITY AGREEMENT

(MN8 BRIDGE CONSTRUCTION FINANCING)










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