Sep 06, 2018

​Marathon Capital Announces Debt Financing for two of Greenwood Energy’s Solar Portfolios by ORIX Corporation USA

CHICAGO, IL – Marathon Capital is pleased to announce that Greenwood Energy (“Greenwood”), the North American solar energy investment and development subsidiary
of the Libra Group, has closed a financing of solar portfolios totaling 39 MW with ORIX Corporation USA (“ORIX USA”). Greenwood’s portfolios consist
of utility-scale and commercial and industrial (C&I) solar photovoltaic plants distributed across the Northeast U.S. and Florida. Greenwood Energy
represents a key part of Libra Group’s renewable energy sector and has developed 36 solar energy projects across 8 states in excess of 100MW.

Marathon Capital served as Greenwood’s exclusive financial advisor, providing valuation, negotiation, and transaction execution support throughout the
capital raise.

Greenwood Energy Managing Director, Jon Cole, commented, “We are immensely grateful for the support of the Marathon Capital team throughout this transaction
and hope to work with them again as our business develops.”

“We are pleased to have been able to work with Greenwood on this transaction to help facilitate the growth of their solar business and look forward to continued success,” said Gary Greenblatt, Managing Director of Marathon Capital.

About Marathon Capital

Marathon Capital is a leading financial advisory and investment banking firm focused on providing financial advice in the areas of M&A, capital raising
of debt and equity, project finance, tax equity, financial restructuring, recapitalization, bankruptcy and workout situations in the energy sector.
Marathon Capital is a four-time recipient of the “Best Renewable Asset M&A Advisor” Award (2013, 2014, 2016, 2017), “Renewable Generating Project
Finance Deal of the Year” Award (2016) and first-time recipient of the “Best Asset M&A Advisor” (2017) in Power Finance & Risk’s Annual Power
Finance Deals and Firms Awards.

About Greenwood Energy

Greenwood Energy ( is one of the clean energy subsidiaries of the Libra Group (, a privately owned international business
group spanning 35 countries across six continents and active in renewable energy, aviation, hospitality, real estate and shipping as well as selected
diversified investments. Greenwood’s business is focused on investment, development, and operation of utility-scale solar energy projects. Its sister
company, Greenwood Energy Latinoamérica (, provides on-site solar energy systems for public and private sector organizations
wishing to offset their energy costs. The Libra Group also owns a manufacturer of clean-burning engineered fuel in the USA, and has investments in
power and steam generation facilities, including biogas plants in Latvia. Libra subsidiary, EuroEnergy, operates solar farms and wind parks across