Financial highlights

• Strong financial performance with significant growth in revenue, Adjusted EBITDA, CFADS and FFO):

      -  9M 2017 Revenue: increased 13% to $742m

      -  9M 2017 Adjusted EBITDA: increased 16% to $380m

      -  LTM Q3 2017 CFADS¹: increased 28% to $206m

      -  9M 2017 FFO²: increased to 22% to $197m

• Successful integration of new businesses, including Brazil hydro and Solutions Brazil, drives strong growth
• Robust credit performance with 5.1x DSCR and 3.4x Bond Indenture Defined Leverage Ratio³
• Successful November 2017 Initial Public Offering ("IPO") on the London Stock Exchange ("LSE") further strengthens credit quality with $490m of corporate level liquidity
• On track to meet FY Adj. EBITDA guidance of $500m - $520m

Financial Highlights

* Non-IFRS metrics

_{¹ Cash Flows Available for Debt Service (CFADS) is a metric defined in ContourGlobal's €700m Bond Indenture that is reported on a last 12 month (LTM) basis; CFADS growth ($162m Q3 2016 to $206m Q3 2017) excludes $90m special distribution in Q2 2016 from Maritsa}

_{² Funds from operations}

_{³ Debt Service Coverage Ratio and Leverage Ratio ("Non-Guarantor Combined Leverage Ratio") as defined in Bond Indenture}

Operational highlights

• ContourGlobal continues to achieve industry-leading health and safety performance, with 0.03 Lost Time Incident ("LTI") rate for the past 12 months.
• Availability factors are high across the fleet with September YTD factors of 91.4% in Thermal and 97.3% in Renewables. Availability in Renewables was higher than previous period, while availability in Thermal was slightly below due to scheduled maintenance activities at Maritsa and KivuWatt.
• Renewable resource performance was below expected levels with ~3% impact on Adjusted EBITDA for 9M 2017.
• In December, the company closed the acquisition of a 19MW solar portfolio in Italy for €58m. The plants are located near existing ContourGlobal assets and can be immediately integrated into the company's operations and maintenance platform.
• Final negotiations for commercial close for a 500MW new-build thermal plant in Kosovo currently underway in Pristina, Kosovo.

Operational Highlights

Presentation and conference call 

The company will host a call for investors at 14:00 BST. Confirmation code and participant access numbers per country are available on the ContourGlobal website:

http://www.contourglobal.com/event/contourglobals-q3-2017-bondholder-update-call

The presentation for the call can be downloaded at http://www.contourglobal.com/reports

Enquiries

Investor Relations - ContourGlobal

Alice Heathcote - +1 646 599 2924

investor.relations@contourglobal.com

Media - Brunswick

Charlie Pretzlik/Simon Maine - +44 (0) 207 404 5959

Contourglobal@brunswickgroup.com