Blue Sphere Corp. (BLSP)

[Helter Skelter]

Sterksel Project - Holland
Introduction.
On May 14, 2019 Blue Sphere announced through its subsidiary Blue Sphere Brabant B.V., (“Blue Sphere Brabant”)
the developer and owner of the Sterksel Project, the financial closing of its waste-to-energy project in Sterksel,
Netherlands. The Sterksel Project was designed to generate upgraded gas to the grid, with an hourly capacity of
approx. 3,500 standard cubic meters equal to more than 10 Mw/h of electrical power.
Anaergia, the EPC contractor, is now completing the detailed engineering design of the Sterksel Project and is
expected to start the civil works on site in September 2019. Blue Sphere Brabant has handed over the construction
site to Anaergia which is considered as the starting date of construction.
OTC Markets Group Inc.
OTC Pink Basic Disclosure Guidelines (v2.0 February 2019) Page 28 of 49
The Sterksel Project is expected to start supplying gas to the grid in December 2020. As previously reported, the
financing for this project was provided by: BNG Bank N.V., ETFF, N.V., Nationaal Groenfonds and Helios Energy
Investments 3, LP. The total expected project capital expenditure is approximately €29,631,439 or USD
$33,542,922.

33.5 million dollars to build this plant.