ContourGlobal Successfully Issues Senior Secured Notes and Expands Corporate-Level Liquidity

London, January 27th, 2026

• The successful issuance of €675 million in aggregate principal amount of 4.375% corporate-level senior secured notes due 2031 (the “Notes”) reflects strong investor confidence in our strategy, credit profile and growth outlook.

• The offering was met with robust demand from leading institutional investors, resulting in oversubscription and successfully priced within a two-day marketing period.

• Simpler debt structure and enhanced financial capacity will support our growth and transition into a predominantly renewable power producer.

ContourGlobal, an independent power producer (“IPP”) with approximately 5.5 GW of gross capacity and assets under construction or development with an expected gross capacity of approximately 13.2 GW, today announced the successful issuance of €675 million in aggregate principal amount of 4.375% corporate-level senior secured notes due 2031, alongside a €60 million increase in the borrowing capacity of its corporate-level revolving credit facility (“RCF”).

The offering was oversubscribed and priced inside the 200 basis points spread over the reference benchmark threshold within a two-day marketing period. The issuance reflects strong investor confidence in ContourGlobal’s management team, disciplined financial strategy, the credit profile of the Notes—rated BB+ and BB by Fitch and Standard & Poor’s, respectively—and ongoing decarbonization and renewables expansion, while maintaining resilient and diversified cash flows.

The offering was met with robust demand from leading institutional investors, reflecting the company’s ongoing progress in diversifying its bondholder base and reinforcing its access to long‑term capital markets funding. “We were pleased to see the strong market reception to our offering and, most importantly, to achieve this level of pricing in a highly competitive issuance environment,” said Antonio Cammisecra, CEO of ContourGlobal. “This transaction further optimizes our debt structure, lowers our cost of capital, and increases our available liquidity to support growth, both organically and through M&A.”

Strengthening the Capital Structure and Supporting Growth

Proceeds from the issuance will be used primarily to refinance existing indebtedness, including a €350 million intermediate holding company-level term facility due 2030 and €300 million in aggregate principal amount of corporate-level senior secured notes due 2028. As a result, ContourGlobal will have fully refinanced its intermediate holding company-level funded debt, simplifying its capital structure, lowering its cost of debt and further strengthening financial flexibility. The refinancing also extends the tenor of the company’s corporate-level debt profile to 2030–2031, improving maturity visibility and balance sheet resilience.

The concurrent €60 million increase in the borrowing capacity of its corporate-level RCF enhances ContourGlobal’s liquidity position and provides additional capacity to support its expanding development pipeline.

The issuance was supported by KKR and Santander as Joint Global Coordinators, who also acted as Physical Bookrunners together with BNP Paribas and Goldman Sachs International, as well as Mizuho and UniCredit as Joint Bookrunners. ContourGlobal was supported by Kirkland & Ellis International LLP for legal matters. Cravath, Swaine & Moore LLP acted as legal advisor to the initial purchasers.

$3.7 billion in financings since 4th Quarter 2024

This transaction builds on ContourGlobal’s strong financing momentum over the past 15 months. During this period, the company has secured over $1.3 billion in asset level financings, $0.6 billion in revolving credit facilities and letter of credit lines and $1.8 billion in bond issuances, totaling $3.7 billion in financings raised, thus significantly strengthening the company’s capacity to execute its global growth strategy.

These financings underscore ContourGlobal’s ability to access diverse funding sources across geographies and instruments, reinforcing its position as a premier, large-scale platform for renewables and energy storage, backed by disciplined financial management and a clear long-term commercial and industrial strategy.

Forward-Looking Statements

This announcement may include forward-looking statements within the meaning of the securities laws of certain applicable jurisdictions. These forward-looking statements can be identified by the use of forward-looking terminology, including the terms “aim,” “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “forecast,” “guidance,” “intend,” “may,” “plan,” “project,” “should,” “target,” “will” or “would” or, in each case, their negative, or other variations or comparable terminology. These forward-looking statements include, but are not limited to, all statements other than statements of historical facts and include statements regarding ContourGlobal’s or its affiliates’ intentions, beliefs, assumptions or current expectations concerning, among other things, ContourGlobal’s or its affiliates’ results of operations, financial condition, liquidity, prospects, growth, strategies and dividend policy and the industries in which they operate. By their nature, forward-looking statements involve known and unknown risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. Forward-looking statements are not guarantees of future performance. You should not place undue reliance on these forward-looking statements. Many factors may cause ContourGlobal’s or its affiliates’ actual results of operations, financial condition, liquidity and the development of the industries in which they operate to differ materially from those contained in or suggested by the forward-looking statements contained in this announcement. In addition, even if ContourGlobal’s or its affiliates’ results of operations, financial condition and liquidity, and the development of the industries in which they operate are consistent with the forward-looking statements contained in this announcement, those results or developments may not be indicative of results or developments in subsequent periods.

Offer and Distribution Restrictions

Any materials relating to offering of the Notes, including this announcement, do not constitute, and may not be used in connection with, any form of offer or solicitation in any place where such offers or solicitations are not permitted by law. The Notes were offered only to qualified institutional buyers pursuant to Rule 144A under the U.S. Securities Act of 1933, as amended (the “Securities Act”) or non-U.S. persons outside the United States in reliance on Regulation S under the Securities Act, subject to prevailing market and other conditions. The Notes and the guarantees thereof have not been and will not be registered under the Securities Act or the securities laws of any state of the United States or any other jurisdiction and may not be offered or sold in the United States absent registration or unless pursuant to an applicable exemption from the registration requirements of the Securities Act and any other applicable securities laws. This announcement does not constitute an offer to sell or the solicitation of an offer to buy the Notes, nor shall it constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful.