Opportunity:Renewable Energy InvestmentA high-yield prospect in the UK renewables market

About FRE plcFuture Renewables Eco (FRE) plc is a renewable energy company established to take advantage

of opportunities in the UK clean energy sector. Our established relationships with landowners,

developers, planners and energy companies across the UK allow us to identify and capitalise

early on potential opportunities.

We’ve assembled a management team with considerable experience in the 225kW to 1.5MW

wind energy sector. Our current focus is on medium-sized wind turbines, but we are also

investigating opportunities in other renewables including solar and biomass.

Our Wind Turbine ProjectsFRE plc has secured leases on a number of sites in the UK suitable for successful wind turbine

operations. We’re taking a phased approach to the development of these sites into income-

producing electricity generation sites.

Following on from the success of Phase 1, we’re delighted to be now bringing Phase 2 to market.

This is a compelling opportunity that offers investors access to the buoyant renewable energy

market, backed by a time-limited incentive scheme from the UK Government.

Our wind developments will benefit from two sources of income: the Government-backed generation tariff, plus the sale of electricity back to the grid.

The Opportunity

Structured as a Senior Secured Bond

paying 8% a year fixed for three years.

Government-backed twin revenue streams:

generation tariff plus the sale of electricity.

Secured against FRE plc’s assets;

capital repayable in full at the end of loan period.

Phase 1 • Completed on schedule in May 2016.

• £4 million raised for turbine purchase and installation.

• Three 250kW turbines now fully operational on two sites in Aberdeen.

• Investors are already receiving income this year

Phase 2 • Working capital of £6 million now being raised.

• Further turbines to be installed across several sites in Scotland.

• Two fully accredited and consented sites now acquired.

• Two further sites undergoing final due diligence.

• Phase 2 sites scheduled for operational completion early 2017.

Phase 1 • Completed on schedule in May 2016.

• £4 million raised for turbine purchase and installation.

• Three 250kW turbines now fully operational on two sites in Aberdeen.

• Investors are already receiving income this year

Phase 2 • Working capital of £6 million now being raised.

• Further turbines to be installed across several sites in Scotland.

• Two fully accredited and consented sites now acquired.

• Two further sites undergoing final due diligence.

• Phase 2 sites scheduled for operational completion early 2017.

“The electricity system is shifting to clean. Despite the change in oil and gas prices there is going to be a substantial buildout of renewable energy that is likely to be an order of magnitude larger than the buildout of coal and gas”.

Michael Liebreich, founder of Bloomberg New Energy Finance, BNEF Annual Summit 2016

With recent political changes including Britain’s ratification of the Paris climate agreement,

Morocco lighting the way for Africa on renewable energy and more global companies vowing to

become 100% renewable there is growing evidence of the expansion of the renewable energy

market. Its presence is key to future prospects and legislative bodies are pushing hard to increase

the use of sustainable energy.

Wind Power in the UKOnshore wind developments are a key component of the UK’s renewables objective. High

average wind speeds mean that the UK has some of the best conditions in Europe for wind

power. Falling costs and strong demand mean that onshore wind is now one of the cheapest

sources of home-grown power in the UK.

Today, renewables are attracting increasing numbers of investors seeking access to the energy

market but wary of the continued uncertainty around fossil fuels and nuclear power.

Renewables WorldwideDespite the bottoming out of fossil fuel prices, the renewables sector continues to flourish. In

2015 global clean energy investment hit an all-time high of $329 billion and more than 120

gigawatts of new capacity was added to global supply. The world is now adding more power

capacity from renewables every year than that of oil, coal and natural gas combined.

Renewable energy is growing exponentially due to the innovative technology renewables offer,

political influence and active support by environmentalists and conservationists. As fossil fuels

(non-renewable) are proving to be finite, expensive and harmful for the environment, renewable

energy is thriving with innovative sources of energy in wind, solar, biomass, geothermal and

hydrogen, which are a continuous source of energy. Particularly for wind turbines the Coriolis

effect (the Earth’s rotation) alongside the sun’s heat creates a contious source of wind which

wind turbines capture.

Less known sources of energy which are rapidly developing are Biomass and Geothermal

energy.

• In Biomass, the energy sources from organic matter found in plants. Biomass can be used

to produce electricity, transportation fuels, or chemicals.

• Geothermal energy taps the Earth’s internal heat for a variety of uses, including electric

power production and the heating and cooling of buildings.

“Doubling the share of renewables in the global energy mix to 36 percent by 2030 could save the world economy up to $4.2 trillion a year, research by the International Renewable Energy Agency (IRENA) has shown. “Achieving a doubling is not only feasible, it is cheaper than not doing so”. Adnan Amin, Director General IRENA

The UK Feed-In Tariffs SchemeThe UK Government is bound by a European Union agreement to generate 15% of its energy

requirements from renewable energy sources by 2020.

To help achieve this, incentive systems have been put in place to encourage investment in

low-carbon electricity-generation projects. One example is the Feed-In Tariffs (‘FIT’) scheme,

introduced in 2010 by the Department of Energy & Climate Change. The scheme guarantees

smaller-scale sites payment for power they generate.

While the FIT regime is being phased out, the sites being funded by this Bond have been pre-

accredited. As long as they are up and running within the timeframes noted in this brochure, they

will be entitled to the FIT rate for the full 20 years.

Twin Revenue StreamsOur wind developments will benefit from two sources of income:

• A ‘generation tariff’, payable per unit of electricity produced;

• Selling the electricity generated back to the national grid, at either a set ‘export tariff’ rate

Both tariffs are guaranteed by the UK Government for 20 years and linked to the Retail Price

Index. This security allows us to structure our investment offering as a high-yield opportunity.

Wind turns blades of the wind turbine

Turbines turngenerators, makingelectricity

Transformers at substations increasevoltage of electricity

Electricity joins the grid and is distributed

or the often higher market rate.

A report by independent analysts Cambridge Econometrics found that wind energy generated enough power to meet the needs of 6.8 million homes in 2013 – and it would have cost more than £579 million to import the equivalent supply of coal and gas. “This report shows how much the UK relies on wind power to reduce our dependence on sources of costly fossil fuels imported from abroad. In these uncertain times, we need to recognise the wider benefits of wind”.

Maria McCaffery, Chief Executive Renewable UK

Gerry Woods CEO

Gerry is a qualified Civil Engineer and has worked in the renewables sector for almost a decade. He has worked on the development of hydro schemes, waste to energy plants and biomass facilities. Prior to this he had a successful 30-year career in property development. Gerry is actively involved in all aspects of developing renewable energy sites, from the acquisition of land and planning through to final construction.

Brian O’ConnorBond Manager

Brian spent 10 years working in pensions administration in the Republic of Ireland and Scotland, before joining an Independent Financial Adviser as a member of the Adviser Support team. He holds an Honours degree in Commerce from University College Dublin and a Regulated Financial Diploma from the Chartered Insurance Institute, the benchmark qualification for those advising on retail investment products.

Brian Duffy Finance Director

Brian is a senior partner with long-standing independent accountant and tax advisory firm McDonald Gordon & Co. Ltd. Brian has more than 30 years’ experience advising businesses across a broad range of sectors. He has worked in renewable energy for the last eight years as an acting finance director of turbine installation and turbine site development companies.

Paul ScholeyTechnical Advisor

Paul is Managing Director of Spectrum Energy Systems. With over 30 years’ experience in sourcing turbines, he assists FRE plc with purchasing and compliance matters relating to the technical aspects of the business. Paul previously worked for LINPAC in Business Development, the TT Group companies at Board level and as a strategic consultant to the Manufacturing Advisory Service, advising companies on growing and building profitable businesses.

Our Team

Renewables are attracting increasing numbers of investors seeking access to the energy market but wary of the uncertainty around fossil fuels and nuclear power.

3 year term Payment Structure

Initial Investment(minimum £5,000)

Annual Interest

PaymentsInterest Paid at

End of TermTotal Interest

Earned

Capital & Interest (Total) ROI

Defered Option

£ 50,000

£13,500

£63,500

27%

Income Option

Payments are made bi-annually £ 50,000

£4000 £12,000

£62,000

24%

Your Investment: Two Payment Options3 Year Return

Repayment of CapitalOnce the sites have established a track record of energy generation and income, we plan to sell or refinance them to repay the capital sum to our investors. Our key focus is to build the value of the sites to ensure they are an attractive proposition for banks or other potential investors.

8%

9%

Site Dareduffhill

Planning Reference 14/0720/PP

Capacity 500kW

Consented Blade Tip Height 68m

Planning Permission Granted 28 July 2015

Turbine and Energy Yield EWT DW54 HH40 2000MWh/yr

Pre-Accredited FIT FIT: 12.19/kWh

Generation and Export Rates Export: 4.91p/kWh

Request an Application Form at info@freplc.co.uk. This can be filled out electronically or in hard copy.

Email:

Find out more about our current projects at www.freplc.co.uk

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Fill out Application Form online

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Post to:Future Renewables Eco plc | 2nd Floor | Berkeley Square House | Berkeley Square | London | W1J 6BD

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SecurityTo safeguard the rights of Bondholders, FRE plc offers the following:

1. First legal charge over assets

This is the legal right for a lender to decide what to do with a property if the borrower defaults on repayment. In the case of a home mortgage, the bank will hold first charge on the property until the mortgage is fully repaid.In the case of FRE plc Bonds, FRE plc (the borrower) grants first legal charge to the Bondholders (the lender). Bondholders will hold first charge on all FRE plc’s land and assets until the full capital amount has been repaid. In the event of default, Bondholders will have the right to decide what to do with FRE plc’s property in order to recoup their investment.

2. Independent security trustee

A security trustee is an independent party who holds security interests in trust for creditors. The trustee has the legal power and duty to manage those interests for the benefit of creditors, in this case, Bondholders.

Talbot Capital LtdFRE plc has appointed as its security trustee Talbot Capital Ltd, a boutique financial services

provider based in the City of London. Talbot Capital was established in 2008 and specialises in

institutional brokerage, fund administration and depository and corporate finance.

Talbot Capital is run by a team of market professionals under the directorship of Paul Price and

Gregory Pritchard, both experienced in the administration of financial markets and fund advisory.

It is a company that prides itself on providing a high standard of advice and service in keeping

with the FCA’s regulatory requirements.

For more information please visit Talbot Capital Ltd’s website

http://www.talbotcapital.co.uk

FRE PLC DISCLAIMER

In addition to the other relevant information set out in this document (the “Document”) the following specific risk factors should be considered carefully in evaluating whether to make an investment in Future Renewables Eco Plc (the “Company”). FRE plc is the trading name of the Company.

If you are in any doubt about the contents of this Document or the action you should take, you are strongly recommended to consult a professional adviser who specialises in advising on investment in unlisted debt, shares and other securities. The content of this Document should not constitute legal or tax advice. The directors of the Company (the “Directors”) believe the following risks to be significant for potential investors. The risks listed, however, do not necessarily comprise all those associated with an investment in the Company and are not intended to be presented in any assumed order or priority. In particular, the Company’s performance may be affected by changes in legal, regulatory and tax requirements as well as changes in the economic or political environment.

Investment in unquoted securities such as these (i.e. investments not listed or traded on any stock market or exchange) are illiquid. In other words, you cannot trade them, so your money is effectively locked in till the maturity date.Only in the event of financial hardship or death can you request an early redemption or the transfer of ownership of the secured bond being offered by the Company (the “Secured Bond”) to someone else.

There is no guarantee that you will get all your money back, or all outstanding interest if the Company becomes insolvent. The Company’s Secured Bonds are not protected against loss by the Financial Services Compensation Scheme.

The impact of actions, inactions or retrospective legislation in jurisdictions in which the Company operates may adversely affect its activities.

Changes in the general economic outlook in the economies in which the the Company operates may impact the performance of the Company and its projects. Such changes may include (but are not limited to):

• Contractions in the economy or increases in inflation resulting from domestic or international conditions (including movements in domestic interest rates and reduced economic activity); • Increases in the Company’s expenses; • New or increased government taxes, duties or changes in taxation or property ownership laws; or • Fluctuations in international real-estate markets; or • A prolonged and significant downturn in general economic conditions may have a material adverse impact on the trading of the Company and its financial performance.

The Company may be dependent on the skills of senior people with particular expertise or contacts. If their services are no longer available – whether it is through them changing job, or through illness or death – this could impact the business.Any purchases of securities in the Company should be made solely on the basis of the information contained in the Company’s Information Memorandum