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In relation to the relevant fact published on May 2, 2017 announcing the agreement by which RELIABLE ENERGY SOLUTIONS, Ltd., exclusively selected the technology EQTEC Gasifier Technology for the development in the United Kingdom of its project called “Reliable – Seal Sands”, on June 29, 2017, the EPC contract was signed between RELIABLE ENERGY SOLUTIONS, Ltd. and ENERGY CHINA, strategic partner of EBIOSS Energy, under which the subsidiary EQTEC Iberia, Has been officially designated as a provider of gasification technology for the project. The total amount of the contract is 105,900,000 euros, to be executed in a period of time of 32 months from the entry into force of the same.

On the same day, the EPC project contract in the UK for the development of the “MELTON HULL” RDF gasification plant of 16 MW between RELIABLE ENERGY SOLUTIONS, Ltd. and ENERGY CHINA, under which EQTEC Iberia was signed. Officially designated as gasification technology provider of the works. The total amount of the contract is 105,900,000 euros, to be executed in a period of time of 32 months from the entry into force of the same.

EQTEC Iberia will be in charge of supplying the main equipments of its patented gasification technology EQTEC Gasifier Technology, to supervise the assembly and to realize the commissioning of the plant. The estimated turnover of EQTEC Iberia will be between 20% – 25% of the budget of each project. These agreements have materialized thanks to the internationalization effort that the Company is carrying out in the United Kingdom.