our international RE platforms and will continue to provide support, especially in Australia, where the current focus is on converting development pipelines into operational assets, which may involve tender participation. This strategy will leverage TNB’s extensive experience in developing power projects in both international and domestic markets, along with knowledge and technology transfer within the TNB Group. Our RE capability is further demonstrated by a capable team in the UK handling various RE technologies as well as managing different stages of RE projects i.e., construction, development, operations, and maintenance. In addition, TNB’s international RE platforms are also exploring alternative revenue mechanisms, such as the Contract-for-Difference scheme, corporate Power Purchase Agreements and Battery Energy Storage System based opportunities. These initiatives, introduced through recent acquisitions, promise to diversify income sources whilereinforcing the international assets’ financial resilience thus strengthening TNB’s transition towards renewable energy and contributing to our National Net Zero commitments. We have initiated the construction of two greenfield solar power plants with a total capacity of 102MWp in UK with COD anticipated in 2024. These projects will contribute steadily to our international RE platform as it will be under a 15-year subsidy scheme. Our European RE business also reached another milestone with its expansion into Ireland through the acquisition of a 276MWp operational solar power plant, in line with our international growth strategy to grow towards 1GW of operational and under-construction assets. In 2023, we made our maiden footprint into Oceania - Australia. Australia has a robust RE landscape, marked by strong regulatory frameworks and well-established ecosystem. Acquiring Spark Renewables is a strategic step in TNB’s growth strategy, offering immediate access to operational assets and a promising pipeline. This accelerates our shift towards greenfield development,