We are a developer and operator of electric power and district heating businesses. We manage, own and operate an existing portfolio of 41 power plants with approximately 3,718 megawatts (“MW”) of installed gross capacity in operation or under construction, which makes up our total installed gross portfolio capacity. Our current portfolio spans 17 countries and 4 continents with a weighted average sovereign rating of BBB (weighted by capacity), utilizing a wide range of fuel types, technology and equipment. Of the 41 power plants in our current portfolio, 36 are currently operating with a combined installed gross capacity of approximately 3,145 MW, which represents approximately 84.6% of our portfolio capacity (our portfolio capacity consists of our operating assets and projects under construction that currently do not generate energy). In addition to our operating assets, we also have six projects under construction with a total gross capacity of approximately 573 MW, which comprises the remaining 15.4% of our current portfolio capacity.
