1.
|
Name of Reporting Person
|
|||
Aria Renewable Energy Systems LLC
|
||||
2.
|
Check the Appropriate Box if a Member of a Group
|
|||
(a) ☐
|
(b) X
|
|||
3.
|
SEC Use Only
|
|||
4.
|
Source of Funds (See Instructions)
|
|||
OO
|
||||
5.
|
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
|
☐
|
||
Not Applicable
|
||||
6.
|
Citizenship or Place of Organization
|
|||
Delaware
|
||||
Number of Shares Beneficially Owned by Each Reporting Person With
|
7.
|
Sole Voting Power
|
||
0
|
||||
8.
|
Shared Voting Power
|
|||
19,173,339 (1)
|
||||
9.
|
Sole Dispositive Power
|
|||
0
|
||||
10.
|
Shared Dispositive Power
|
|||
19,173,339 (1)
|
||||
11.
|
Aggregate Amount Beneficially Owned by Each Reporting Person
|
|||
19,173,339 (1)
|
||||
12.
|
Check if the Aggregate Amount in Row (11) Excludes Certain Shares
|
☐
|
||
13.
|
Percent of Class Represented by Amount in Row (11)
|
|||
25.6% (1)(2)
|
||||
14.
|
Type of Reporting Person
|
|||
OO
|
1.
|
Name of Reporting Person
|
|||
United States Power Fund III, L.P.
|
||||
2.
|
Check the Appropriate Box if a Member of a Group
|
|||
(a) ☐
|
(b) X
|
|||
3.
|
SEC Use Only
|
|||
4.
|
Source of Funds (See Instructions)
|
|||
OO
|
||||
5.
|
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
|
☐
|
||
Not Applicable
|
||||
6.
|
Citizenship or Place of Organization
|
|||
Delaware
|
||||
Number of Shares Beneficially Owned by Each Reporting Person With
|
7.
|
Sole Voting Power
|
||
0
|
||||
8.
|
Shared Voting Power
|
|||
10,351,432 (1)
|
||||
9.
|
Sole Dispositive Power
|
|||
0
|
||||
10.
|
Shared Dispositive Power
|
|||
10,351,432 (1)
|
||||
11.
|
Aggregate Amount Beneficially Owned by Each Reporting Person
|
|||
10,351,432 (1)
|
||||
12.
|
Check if the Aggregate Amount in Row (11) Excludes Certain Shares
|
☐
|
||
13.
|
Percent of Class Represented by Amount in Row (11)
|
|||
13.8% (1)(2)
|
||||
14.
|
Type of Reporting Person
|
|||
PN
|
1.
|
Name of Reporting Person
|
|||
EIF US Power III, LLC
|
||||
2.
|
Check the Appropriate Box if a Member of a Group
|
|||
(a) ☐
|
(b) X
|
|||
3.
|
SEC Use Only
|
|||
4.
|
Source of Funds (See Instructions)
|
|||
OO
|
||||
5.
|
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
|
☐
|
||
Not Applicable
|
||||
6.
|
Citizenship or Place of Organization
|
|||
Delaware
|
||||
Number of Shares Beneficially Owned by Each Reporting Person With
|
7.
|
Sole Voting Power
|
||
0
|
||||
8.
|
Shared Voting Power
|
|||
10,351,432 (1)
|
||||
9.
|
Sole Dispositive Power
|
|||
0
|
||||
10.
|
Shared Dispositive Power
|
|||
10,351,432 (1)
|
||||
11.
|
Aggregate Amount Beneficially Owned by Each Reporting Person
|
|||
10,351,432 (1)
|
||||
12.
|
Check if the Aggregate Amount in Row (11) Excludes Certain Shares
|
☐
|
||
13.
|
Percent of Class Represented by Amount in Row (11)
|
|||
13.8% (1)(2)
|
||||
14.
|
Type of Reporting Person
|
|||
OO
|
1.
|
Name of Reporting Person
|
|||
EIF United States Power Fund IV, L.P.
|
||||
2.
|
Check the Appropriate Box if a Member of a Group
|
|||
(a) ☐
|
(b) X
|
|||
3.
|
SEC Use Only
|
|||
4.
|
Source of Funds (See Instructions)
|
|||
OO
|
||||
5.
|
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
|
☐
|
||
Not Applicable
|
||||
6.
|
Citizenship or Place of Organization
|
|||
Delaware
|
||||
Number of Shares Beneficially Owned by Each Reporting Person With
|
7.
|
Sole Voting Power
|
||
0
|
||||
8.
|
Shared Voting Power
|
|||
8,821,907 (1)
|
||||
9.
|
Sole Dispositive Power
|
|||
0
|
||||
10.
|
Shared Dispositive Power
|
|||
8,821,907 (1)
|
||||
11.
|
Aggregate Amount Beneficially Owned by Each Reporting Person
|
|||
8,821,907 (1)
|
||||
12.
|
Check if the Aggregate Amount in Row (11) Excludes Certain Shares
|
☐
|
||
13.
|
Percent of Class Represented by Amount in Row (11)
|
|||
11.8% (1)(2)
|
||||
14.
|
Type of Reporting Person
|
|||
PN
|
1.
|
Name of Reporting Person
|
|||
EIF US Power IV, LLC
|
||||
2.
|
Check the Appropriate Box if a Member of a Group
|
|||
(a) ☐
|
(b) X
|
|||
3.
|
SEC Use Only
|
|||
4.
|
Source of Funds (See Instructions)
|
|||
OO
|
||||
5.
|
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
|
☐
|
||
Not Applicable
|
||||
6.
|
Citizenship or Place of Organization
|
|||
Delaware
|
||||
Number of Shares Beneficially Owned by Each Reporting Person With
|
7.
|
Sole Voting Power
|
||
0
|
||||
8.
|
Shared Voting Power
|
|||
8,821,907 (1)
|
||||
9.
|
Sole Dispositive Power
|
|||
0
|
||||
10.
|
Shared Dispositive Power
|
|||
8,821,907 (1)
|
||||
11.
|
Aggregate Amount Beneficially Owned by Each Reporting Person
|
|||
8,821,907 (1)
|
||||
12.
|
Check if the Aggregate Amount in Row (11) Excludes Certain Shares
|
☐
|
||
13.
|
Percent of Class Represented by Amount in Row (11)
|
|||
11.8% (1)(2)
|
||||
14.
|
Type of Reporting Person
|
|||
OO
|
1.
|
Name of Reporting Person
|
|||
Ares EIF Management LLC
|
||||
2.
|
Check the Appropriate Box if a Member of a Group
|
|||
(a) ☐
|
(b) X
|
|||
3.
|
SEC Use Only
|
|||
4.
|
Source of Funds (See Instructions)
|
|||
OO
|
||||
5.
|
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
|
☐
|
||
Not Applicable
|
||||
6.
|
Citizenship or Place of Organization
|
|||
Delaware
|
||||
Number of Shares Beneficially Owned by Each Reporting Person With
|
7.
|
Sole Voting Power
|
||
0
|
||||
8.
|
Shared Voting Power
|
|||
19,173,339 (1)
|
||||
9.
|
Sole Dispositive Power
|
|||
0
|
||||
10.
|
Shared Dispositive Power
|
|||
19,173,339 (1)
|
||||
11.
|
Aggregate Amount Beneficially Owned by Each Reporting Person
|
|||
19,173,339 (1)
|
||||
12.
|
Check if the Aggregate Amount in Row (11) Excludes Certain Shares
|
☐
|
||
13.
|
Percent of Class Represented by Amount in Row (11)
|
|||
25.6% (1)(2)
|
||||
14.
|
Type of Reporting Person
|
|||
OO
|
1.
|
Name of Reporting Person
|
|||
Ares Management LLC
|
||||
2.
|
Check the Appropriate Box if a Member of a Group
|
|||
(a) ☐
|
(b) X
|
|||
3.
|
SEC Use Only
|
|||
4.
|
Source of Funds (See Instructions)
|
|||
OO
|
||||
5.
|
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
|
☐
|
||
Not Applicable
|
||||
6.
|
Citizenship or Place of Organization
|
|||
Delaware
|
||||
Number of Shares Beneficially Owned by Each Reporting Person With
|
7.
|
Sole Voting Power
|
||
0
|
||||
8.
|
Shared Voting Power
|
|||
19,173,339 (1)
|
||||
9.
|
Sole Dispositive Power
|
|||
0
|
||||
10.
|
Shared Dispositive Power
|
|||
19,173,339 (1)
|
||||
11.
|
Aggregate Amount Beneficially Owned by Each Reporting Person
|
|||
19,173,339 (1)
|
||||
12.
|
Check if the Aggregate Amount in Row (11) Excludes Certain Shares
|
☐
|
||
13.
|
Percent of Class Represented by Amount in Row (11)
|
|||
25.6% (1)(2)
|
||||
14.
|
Type of Reporting Person
|
|||
OO
|
1.
|
Name of Reporting Person
|
|||
Ares Management Holdings L.P.
|
||||
2.
|
Check the Appropriate Box if a Member of a Group
|
|||
(a) ☐
|
(b) X
|
|||
3.
|
SEC Use Only
|
|||
4.
|
Source of Funds (See Instructions)
|
|||
OO
|
||||
5.
|
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
|
☐
|
||
Not Applicable
|
||||
6.
|
Citizenship or Place of Organization
|
|||
Delaware
|
||||
Number of Shares Beneficially Owned by Each Reporting Person With
|
7.
|
Sole Voting Power
|
||
0
|
||||
8.
|
Shared Voting Power
|
|||
19,173,339 (1)
|
||||
9.
|
Sole Dispositive Power
|
|||
0
|
||||
10.
|
Shared Dispositive Power
|
|||
19,173,339 (1)
|
||||
11.
|
Aggregate Amount Beneficially Owned by Each Reporting Person
|
|||
19,173,339 (1)
|
||||
12.
|
Check if the Aggregate Amount in Row (11) Excludes Certain Shares
|
☐
|
||
13.
|
Percent of Class Represented by Amount in Row (11)
|
|||
25.6% (1)(2)
|
||||
14.
|
Type of Reporting Person
|
|||
PN
|
1.
|
Name of Reporting Person
|
|||
Ares Holdco LLC
|
||||
2.
|
Check the Appropriate Box if a Member of a Group
|
|||
(a) ☐
|
(b) X
|
|||
3.
|
SEC Use Only
|
|||
4.
|
Source of Funds (See Instructions)
|
|||
OO
|
||||
5.
|
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
|
☐
|
||
Not Applicable
|
||||
6.
|
Citizenship or Place of Organization
|
|||
Delaware
|
||||
Number of Shares Beneficially Owned by Each Reporting Person With
|
7.
|
Sole Voting Power
|
||
0
|
||||
8.
|
Shared Voting Power
|
|||
19,173,339 (1)
|
||||
9.
|
Sole Dispositive Power
|
|||
0
|
||||
10.
|
Shared Dispositive Power
|
|||
19,173,339 (1)
|
||||
11.
|
Aggregate Amount Beneficially Owned by Each Reporting Person
|
|||
19,173,339 (1)
|
||||
12.
|
Check if the Aggregate Amount in Row (11) Excludes Certain Shares
|
☐
|
||
13.
|
Percent of Class Represented by Amount in Row (11)
|
|||
25.6% (1)(2)
|
||||
14.
|
Type of Reporting Person
|
|||
OO
|
1.
|
Name of Reporting Person
|
|||
Ares Management Corp.
|
||||
2.
|
Check the Appropriate Box if a Member of a Group
|
|||
(a) ☐
|
(b) X
|
|||
3.
|
SEC Use Only
|
|||
4.
|
Source of Funds (See Instructions)
|
|||
OO
|
||||
5.
|
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
|
☐
|
||
Not Applicable
|
||||
6.
|
Citizenship or Place of Organization
|
|||
Delaware
|
||||
Number of Shares Beneficially Owned by Each Reporting Person With
|
7.
|
Sole Voting Power
|
||
0
|
||||
8.
|
Shared Voting Power
|
|||
19,173,339 (1)
|
||||
9.
|
Sole Dispositive Power
|
|||
0
|
||||
10.
|
Shared Dispositive Power
|
|||
19,173,339 (1)
|
||||
11.
|
Aggregate Amount Beneficially Owned by Each Reporting Person
|
|||
19,173,339 (1)
|
||||
12.
|
Check if the Aggregate Amount in Row (11) Excludes Certain Shares
|
☐
|
||
13.
|
Percent of Class Represented by Amount in Row (11)
|
|||
25.6% (1)(2)
|
||||
14.
|
Type of Reporting Person
|
|||
CO
|
1.
|
Name of Reporting Person
|
|||
Ares Voting LLC
|
||||
2.
|
Check the Appropriate Box if a Member of a Group
|
|||
(a) ☐
|
(b) X
|
|||
3.
|
SEC Use Only
|
|||
4.
|
Source of Funds (See Instructions)
|
|||
OO
|
||||
5.
|
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
|
☐
|
||
Not Applicable
|
||||
6.
|
Citizenship or Place of Organization
|
|||
Delaware
|
||||
Number of Shares Beneficially Owned by Each Reporting Person With
|
7.
|
Sole Voting Power
|
||
0
|
||||
8.
|
Shared Voting Power
|
|||
19,173,339 (1)
|
||||
9.
|
Sole Dispositive Power
|
|||
0
|
||||
10.
|
Shared Dispositive Power
|
|||
19,173,339 (1)
|
||||
11.
|
Aggregate Amount Beneficially Owned by Each Reporting Person
|
|||
19,173,339 (1)
|
||||
12.
|
Check if the Aggregate Amount in Row (11) Excludes Certain Shares
|
☐
|
||
13.
|
Percent of Class Represented by Amount in Row (11)
|
|||
25.6% (1)(2)
|
||||
14.
|
Type of Reporting Person
|
|||
OO
|
1.
|
Name of Reporting Person
|
|||
Ares Management GP LLC
|
||||
2.
|
Check the Appropriate Box if a Member of a Group
|
|||
(a) ☐
|
(b) ☒
|
|||
3.
|
SEC Use Only
|
|||
4.
|
Source of Funds (See Instructions)
|
|||
OO
|
||||
5.
|
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
|
☐
|
||
Not Applicable
|
||||
6.
|
Citizenship or Place of Organization
|
|||
Delaware
|
||||
Number of Shares Beneficially Owned by Each Reporting Person With
|
7.
|
Sole Voting Power
|
||
0
|
||||
8.
|
Shared Voting Power
|
|||
19,173,339 (1)
|
||||
9.
|
Sole Dispositive Power
|
|||
0
|
||||
10.
|
Shared Dispositive Power
|
|||
19,173,339 (1)
|
||||
11.
|
Aggregate Amount Beneficially Owned by Each Reporting Person
|
|||
19,173,339 (1)
|
||||
12.
|
Check if the Aggregate Amount in Row (11) Excludes Certain Shares
|
☐
|
||
13.
|
Percent of Class Represented by Amount in Row (11)
|
|||
25.6% (1)(2)
|
||||
14.
|
Type of Reporting Person
|
|||
OO
|
1.
|
Name of Reporting Person
|
|||
Ares Partners Holdco LLC
|
||||
2.
|
Check the Appropriate Box if a Member of a Group
|
|||
(a) ☐
|
(b) X
|
|||
3.
|
SEC Use Only
|
|||
4.
|
Source of Funds (See Instructions)
|
|||
OO
|
||||
5.
|
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
|
☐
|
||
Not Applicable
|
||||
6.
|
Citizenship or Place of Organization
|
|||
Delaware
|
||||
Number of Shares Beneficially Owned by Each Reporting Person With
|
7.
|
Sole Voting Power
|
||
0
|
||||
8.
|
Shared Voting Power
|
|||
19,173,339 (1)
|
||||
9.
|
Sole Dispositive Power
|
|||
0
|
||||
10.
|
Shared Dispositive Power
|
|||
19,173,339 (1)
|
||||
11.
|
Aggregate Amount Beneficially Owned by Each Reporting Person
|
|||
19,173,339 (1)
|
||||
12.
|
Check if the Aggregate Amount in Row (11) Excludes Certain Shares
|
☐
|
||
13.
|
Percent of Class Represented by Amount in Row (11)
|
|||
25.6% (1)(2)
|
||||
14.
|
Type of Reporting Person
|
|||
OO
|
13
|
Form of Salient Share Purchase Agreement, by and between Aria Renewable Energy Systems LLC and the purchaser party thereto.
|
99.1
|
Joint Filing Agreement, dated as of December 13, 2021, by and among the Reporting Persons.
|
with a copy to: |
Orrick Herrington & Sutcliffe LLP
|
SELLER:
|
||
ARIA RENEWABLE ENERGY SYSTEMS LLC
|
||
By:
|
_____________________________________
|
|
Name:
|
Noah Ehrenpreis
|
|
Title:
|
Vice President & Secretary
|
PURCHASER:
|
||
[_______]
|
||
By:
|
_____________________________________
|
|
Name:
|
|
|
Title:
|
|