Meeting Minutes

SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
MAY 17, 2012


ITEM NO 1
Country PAKISTAN LI084899XX
Request for AMENDMENT OF LETTER OF INTEREST

Applicant GENERAL ELECTRIC COMPANY, WASHINGTON DC
Borrower MINST OF RAILWAYS, ISLAMABAD PAKISTAN
Guarantor MINISTRY OF FINANCE, ISLAMABAD PAKISTAN
Buyer MINST OF RAILWAYS, ISLAMABAD PAKISTAN
End-user MINST OF RAILWAYS, ISLAMABAD PAKISTAN
Exporter GENERAL ELECTRIC COMPANY, WASHINGTON DC
Supplier GENERAL ELECTRIC COMPANY, WASHINGTON DC
Gteed Lndr NONE

Project Name GE Locomotives
Project Description GE locomotives
Product Description GE Locomotives
Ex-Im Bank Liability (Millions) $20+
LI Expiry Date 11/17/12

Board Decision: APPROVED. Chairman Hochberg, Vice Chair Felton, Director Mulvaney, Director Loui and Director Walther all voted in favor of the amendment.




EXPORT-IMPORT BANK OF THE UNITED STATES
SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS
MAY 17, 2012

ITEM NO 2
Country INDIA AP086455XX
Request for FINAL COMMITMENT

Applicant AZURE POWER US INC, SAN RAMON CA
Borrower AZURE SOLAR PRIVATE LIMITED, NEW DELHI INDIA
Guarantor NONE
Buyer AZURE SOLAR PRIVATE LIMITED, NEW DELHI INDIA
End-user AZURE SOLAR PRIVATE LIMITED, NEW DELHI INDIA
Exporter AZURE POWER US INC, SAN RAMON CA
Exporter FRESHFLDS BRCKHAUS DRINGER LLP, NEW YORK NY
Exporter ADDITIONAL SUPPLIERS
Supplier FRESHFLDS BRCKHAUS DRINGER LLP, NEW YORK NY
Supplier P50 CAPITAL LLC, NEW YORK NY
Supplier ADDITIONAL SUPPLIERS
Gteed Lndr NONE

Project Name AZURE SOLAR PRIVATE LTD
Project Description 35MW AZURE SOLAR PV POWER PROJECT
Product Description PV MODULES
Financed Amount $70,358,354
Repayment Term 18 YEARS

Board Decision: APPROVED. Chairman Hochberg, Vice Chair Felton, Director Mulvaney, Director Loui and Director Walther all voted in favor of the transaction.


ITEM NO 3 WITHDRAWN


ITEM NO 4
Country BRAZIL AP086561XX
Request for FINAL COMMITMENT

Applicant GAS VERDE S/A, RIO DE JANEIRO BRAZIL
Borrower GAS VERDE S/A, RIO DE JANEIRO BRAZIL
Guarantor ARCADIS LOGOS ENERGIA S/A, BELO HORIZONTE BRAZIL
Guarantor SYNTHESIS EMPREENDIMENTOS LTD, RIO DE JANEIRO BRAZIL
Guarantor ADDITIONAL GUARANTORS
Buyer GAS VERDE S/A, RIO DE JANEIRO BRAZIL
End-user GAS VERDE S/A, RIO DE JANEIRO BRAZIL
Exporter FIRMGREEN INC, NEWPORT BEACH CA
Supplier FIRMGREEN INC, NEWPORT BEACH CA
Gteed Lndr NONE

Project Name GAS VERDE
Project Description LANDFILL GAS RECLAMATION
Product Description BIOGAS PIPELINE PROJECT
Financed Amount $48,571,265
Repayment Term 12 YEARS

Board Decision: APPROVED. Chairman Hochberg, Vice Chair Felton, Director Mulvaney, Director Loui and Director Walther all voted in favor of the transaction.