1. company
compan profile
July 2010
World indicator: in 2007 the total
worldwide electricity generation was
19.711 TWh and the worldwide electricity
h d h ld id l i i
consumption was 1.414 Mtoe
sharing experience

2. PRINCIPIO energy consulting .01
principio Spanish voice of principle noun (basic
idea) /ˈprɪnt .sɪ.pl ̩/
/ prɪnt sɪ pl
[C] a basic idea or rule that explains or controls
how something happens or works
MISSION
Established in 2009, PRINCIPIO energy consulting is an independent company expertise in
energy markets, which provides independent consultancy services, energy project
developments as well as outsourcing management services. We provide impartial
advise and support to the investors, producers, suppliers and end users of energy
consumptions.
Active in Barcelona and Milan is active in European and MENA energy markets.
PRINCIPIO’s goal is to become a large consultancy company by providing strategic
consultancy services which enable our clients to improve their business and technical
activities.
Our core strength is the ability to combine expert knowledge of the markets with first
class quantitative analysis gathering the highest quality commercial, economic,
strategic, and policy advice in the rapidly changing energy sector.

3. .02 PRINCIPIO energy consulting
ACTIVITIES
PRINCIPIOenergy consulting offers his experienced services throughout the
development chain of energetic projects, giving to our clients a strategic and integral
service
Energy project development – Chart Flow
Stage 1 Stage 2 Stage 3 Stage 4 Stage 5
Project Permitting / Project EPC Engineering, O&M
Scouting / Project Financing Procurement and
Operation and
reliability development Construction
Financing maintenance
study / Green Commitment and
Permits, Lisences,
Permits Lisences Structure
Field Energy
easements and of the aware of EPC
consumptions
Land Scouting authorizations Project
Easements
studies
Energetic study
Exit Strategy / Project Trade / Acquisition
Opportunity to Investor
Negotiation and Closing

4. PRINCIPIO energy consulting .03
ACTIVITIES sharing experience
g p
Creating projects This is considered the most important phase in a project
development since is in that stage when the project must be secured. PRINCIPIO
energy consulting gives its experienced advise in order to assure the successful of a
high quality project minimizing the development risks. Among the activities, we
Stage 1 p o de, a d scout g e
provide, land scouting ∙ environmental easements study ∙ land management ∙ land
o e ta ease e ts a d a age e t a d
Project reliability lease / purchase agreements ∙ grid connection reliability studies ∙ energetic balance
stage study ∙ normative frame work ∙ feed in tariff analyze ∙ business plan ∙ strategic
consultancy.
Project development stage is the most decisive stage to secure the permits and
the most time consuming. PRINCIPIO energy consulting carries out all the process
procuring th project and assuring our clients success. A
i the j t d i li t Among th activities, we
the ti iti
provide, permits application and management ∙ process procurement ∙
Stage 2 engineering ∙ environmental impact assessment ∙ administrative and
Project development governmental management ∙ technical assessment ∙ legal and administrative due
diligence.
PRINCIPIO energy consulting supports our clients during the financial negotiations
with financial agencies giving our technical assistance to achieve their financial
targets to execute their projects or to acquire operational assets in the energy
arena. Among the activities, we provide: technical assessment, technical due
Stage 3 diligence and strategic consultancy.
Project Financing
Building industrial projects becoming projects real is the reason of any engineering
activity and PRINCIPIO energy consulting t k thi purpose t support our client t
ti it d C O lti takes this to t li t to
construct and operate their industrial and energetic projects. We provide,
engineering and propriety engineering ∙ verification and validation of designs ∙ site
engineering ∙ work direction and site management ∙ project management ∙ works
supervision ∙ safety and health coordination ∙ purchase specifications ∙
Stage 4
homogenization of offers ∙ selection and evaluation of EPC companies ∙ analyzed of
EPC Engineering, p
prices and support in EPC award ∙ test and acceptance of materials FAT (factory
pp p ( y
Procurement and
P t d
Construction acceptance test) – SAT (site acceptance test) ∙ support to commissioning ∙ support
in prepare / sign IPCs (interim payments certificates) ∙ performance ratio evaluation
∙∙ PAC evaluation.
PRINCIPIO energy consulting experience is made available while the operating of
the industrial or energetic facility We provide, operational due diligence ∙ O&M
services ∙ technical assessment
We also support our clients to save energy in their structures by energy
Stage 5 consumptions management and advisory ∙ energy services ∙ saving energy
O&M
consultancy
Strategy consultancy service allows our clients to get the maximum value to their
projects and define the most profitable exit strategy, or advise and asset them to
identify the most profitable investment opportunities Among the network of
opportunities.
PRINCIPIO energy consulting our clients could finds the most suitable business
partner, investors, development companies, procurement companies, investment
Project Trade brokers, EPC companies , equipments producers , expertise consultants , among
others. Our services are: strategy consultancy ∙ networking ∙ procurement ∙
advisement.

5. .04 PRINCIPIO energy consulting
APPLICATION FIELDS
PRINCIPIO energy consulting offers his experienced services all along the development
chain of energetic projects, giving to our clients a strategic and integral service
Service

Other
Consultancy
Services
Energy Services
Due Diligence
Project
Development
Engineering &
Construction
Product
Renewable Industrial Commercial
energies facilities energy
projects consumption
structures

6. PRINCIPIO energy consulting .05
APPLICATION FIELDS sharing experience
g p
The majority of the expertise of PRINCIPIO energy consulting has been developed in the
renewable energy markets since a most efficient and clean energy has been required
for response the increasing energy demand along the world.
World indicator: 158 GW of wind
projects installed across the world by
the end of 2009
Areas of the expertise wind projects ∙ photovoltaic projects ∙ biomass
Numbers 1 MW PV constructed in Spain ∙ 15 MW FV developed in Spain ∙ 26 MW FV
due diligence in Spain ∙ 78 MW wind developed in Spain ∙ 130 MW wind due diligence
in Spain ∙ 15 MW FV in development in Italy ∙ > 90 MW FV due diligence in Italy ∙ 4 MW
FV operational due diligence in Italy ∙ 80 MW wind in development in Italy ∙ 26 MW
wind due diligence in Italy ∙ 80 MW wind due diligence in Bulgaria.
PRINCIPIO energy consulting counts with a large experience in engineering and project
management in electrical power grids and industrial facilities.

7. .06 PRINCIPIO energy consulting
GROUP COMPANIES and PARTICIPATIONS
PRINCIPIO energy consulting participates as a venture partner in other initiatives
focused on project d
f d j t development
l t
PRINCIPIO energy
consulting Spain, s.l.
Consultancy company incorporated
under the Spanish Law in 2009
Energy Consultancy
Energy Partner Italian Group,
PRINCIPIO energy Italia , s.l.r NEWCO (20%)
s.r.l. (5%)
Consultancy company incorporated Holding company incorporated Holding company in
under the Italian Law in 2010 under the Italian Law in 2009 incorporation under
Italian branch Wind Projects Development in Italy the Italian Law
Pipe – line 80 MW FV Projects
Development in Italy
Target Pipe – line 20
MW

8. www.principioenergy.com info@principioenergy.com BARCELONA MILANO