Plutus Powergen Plc has signed a Heads of Terms JCB Power Products Broadcrown Limited to design, procure and supply the required generators for the Company's UK FlexGen Projects Under the terms of the Agreement, both parties will cooperate with the identification and suitability of sites and will leverage their complementary skills and capabilities to bring FlexGen projects into operation. JCB will assist PPG on the design, procurement and supply of the required generators for each individual FlexGen site and will also provide long term repair and maintenance services. Furthermore, JCB will introduce PPG to JCB Finance Limited, a member of the RBS Group, who specialises in providing asset finance in connection with the acquisition of JCB equipment. All selected sites being advanced by both parties will be developed within individual SPV structures, with terms negotiated on a per site basis. PPG will be responsible for all commercial contracts and arrangements with respect to power and benefits related to each Project, including inter alia, Capacity Market contract and Power Purchase Agreements and provide overall funding, which may be through JCB Finance Limited or asset finance where appropriate.