Eurus Energy America Corporation and Toyoda Gosei North America Corporation Enter Into a 10-Year Purchase and Sale Agreement for Renewable Energy Certificates From the 179MW Bull Creek Wind Project in Texas

Eurus Energy America Corporation (EEAC), announces that its wholly owned subsidiary, Bull Creek Wind LLC, has entered into a long-term (10-year) Renewable Energy Certificate (RECs) Purchase and Sale Agreement (the “RECs Agreement”) with Toyoda Gosei North America Corporation (TGNA), a wholly owned subsidiary of Toyoda Gosei Co., Ltd.

The RECs will be generated by the Bull Creek Wind Project, a 179MW wind project located in Borden County, Texas (the “Bull Creek Wind Project”). The Bull Creek Wind Project will be undergoing a “repower” with full completion of the repowering construction expected to be completed by the end of 2025. The repowering construction efforts shall be under the direction of Deutsche Windtechnik USA (DWT) through an agreement with Bull Creek Wind LLC.

Pursuant to the RECs Agreement, the Bull Creek Wind Project intends to produce and provide TGNA with RECs for 10 years after completion of repowering. The RECs are expected to contribute to TGNA’s 2030 carbon neutrality goals by reducing significant amounts of CO2 emissions - estimated at forty-thousand tons – over the term of the RECs Agreement.

“As a wholly owned subsidiary of the Toyota Tsusho Corporation, Eurus Energy recognizes the importance of contributing to the carbon-free activities of Toyota Group entities, including Toyoda Gosei. This project is a major first step in this direction,” said Hidenori Mitsuoka, President and CEO of Eurus Energy America Corporation.

“The Bull Creek Wind Project is the first wind project to be repowered in Eurus Energy Group’s fleet of renewable energy projects in the Americas. Eurus Energy is excited to be investing in the west Texas community and we are grateful for the opportunity to repower this asset for the benefit of TGNA,” said Jeffrey Wehner, Senior Vice President of Operations and Asset Management for Eurus Energy America Corporation.

"Having been the operation & maintenance (O&M) provider at the Bull Creek Wind Project since 2021, we are thrilled to continue our partnership with Eurus Energy in repowering the wind farm and upgrading the facility so that it can operate even better for more than a decade to come. Due to our specialized expertise with the Mitsubishi MWT-1000A platform and our strong service track record, DWT is uniquely positioned to provide Eurus Energy with not only a robust repower solution, but also reliable O&M services beyond repowering" said Melf Lorenzen, CEO of Deutsche Windtechnik USA.

Eurus Energy America Corporation will continue to contribute to the preservation of the global environment through the innovation and expansion of renewable energy.

Eurus Energy America Corporation | www.eurus-energy.com

Toyoda Gosei Group | https://www.toyoda-gosei.com/

Deutsche Windtechnik USA | https://www.deutsche-windtechnik.com/