STOA is a joint stock company (société anonyme) with a share capital of EUR 240,000,000, 83.3% owned by Caisse des Dépôts
(“CDC”) and 16.7% owned by Agence Française de Développement (“AFD”), the object of which is to invest up to EUR 600,000,000
inequity and quasi-equity in developing and emerging countries in the infrastructure and power sectors. STOA benefits from the
complementary support and expertise of its two shareholders. Caisse des Dépôts is a public long-term investor serving the general
interest and economic development of local areas, AFD is the French Public Development Bank which commits financing to projects
in key transition sectors in developing and emerging countries. In the context of their common strategy, these two institutions are fully
committed to play a key role in the four material transitions, i.e. the power/environmental, digital, territorial and demographic transitions.