EDC 2014 SR (UPDATED)

EDC 2014 Performance Report
On February 27, 2013, EDC Geotermica Del Sur S.A.C., EDC Energía Azul S.A.C., EDC
Energía Perú S.A.C., EDC Energía Geotérmica S.A.C., EDC Progreso Geotérmico Perú
S.A.C., EDC Energía Renovable Perú S.A.C., were incorporated in Lima, Peru as 99.9%-
owned by EDC HKL and 0.1%-owned by EDC Peru Holdings S.A.C. Its main purpose is to
carry on the general business of generating, transmitting, and/or distributing energy derived
from any and all forms, types and kinds of energy sources for lighting and power purposes and
whole-selling the electric power to power corporations, public electric utilities and electric
cooperatives.
On July 5, 2013, three new entities were incorporated in Lima, Peru. These entities are
Geotermica Tutupaca Norte Peru S.A.C. as 70% owned by EDC Energia Peru S.A.C;
Geotermica Crucero Peru S.A.C., as 70% owned by EDC Energia Azul S.A.C; and
Geotermica Loriscota Peru S.A.C., as 70% owned by EDC Progreso Geotermico S.A.C. As
of December 31, 2013, these new subsidiaries remained non-operating. There main purpose is
to carry on the general business of generating, transmitting, and/or distributing energy derived
from any and all forms, types and kinds of energy sources for lighting and power purposes and
whole-selling the electric power to power corporations, public electric utilities and electric
cooperatives.
On July 9, 2012, PT EDC Indonesia and PT EDC Panas Bumi Indonesia were incorporated in
Jakarta Pusat, Indonesia as 95%-owned subsidiaries of EDC HKL.
As of December 31, 2014, all subsidiaries of EDC HKL remained non-operating.
EWEHI
EWEHI is a holding company incorporated on April 15, 2010. The following entities are the
wholly owned subsidiaries of EWEHI.
EBWPC is a company incorporated on April 13, 2010 to carry on the general business of
generating, transmitting, and/or distributing energy. In September 2012, following EWEHI’s
acquisition of 1,249,500 shares of EBWPC representing 33.33% ownership interest from EDC
for ₱141.4 million, EBWPC became a wholly owned subsidiary of EWEHI. .
EPWPC is a company incorporated on February 29, 2012 to carry on the general business of
generating, transmitting, and/or distributing energy. As of December 31, 2014, EPWPC
remained non-operating (see Note 36).
EBBPC is a company incorporated on May 22, 2014 to carry on the general business of
generating, transmitting, and/or distributing energy. As of December 31, 2014, EBBPC
remained non-operating. (see note 36).
EPBWPC is a company incorporated on May 22, 2014 to carry on the general business of
generating, transmitting, and/or distributing energy. As of December 31, 2014, EPBWPC
remained non-operating.(see note 36).
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