ASX Release: Annual Report 2017

26 September 2017

ANNUAL REPORT 2017

Infigen Energy (ASX: IFN) has today published its Annual Report for the year ended 30 June 2017. The attached Annual Report includes the Infigen Energy Group and Infigen Energy Trust annual financial reports.

The Annual Report 2017 as well as Infigen's Corporate Governance Statement for the year ended

30 June 2017 can be viewed on Infigen's website via the following link: www.infigenenergy.com/investors/publications/annual-reports/annual-report-2017.

Infigen's Environmental, Social and Governance Report for the year ended 30 June 2017 will be available at www.infigenenergy.com/ESG from 31 October 2017.

ENDS

For further information please contact:

Richie Farrell Marju Tonisson

General Manager, Strategy & Corporate Affairs Manager, ESG & Investor Relations Tel [phone] Tel [phone]

About Infigen Energy

Infigen is a business actively participating in the Australian energy market. It is a developer, owner and operator of generation assets delivering energy solutions to Australian businesses and large retailers.

Infigen has 557 MW of installed generation capacity across New South Wales, South Australia and Western Australia with a further 113 MW under construction in New South Wales. It sells the electricity and Large-scale Generation Certificates (LGCs) through a combination of medium and long term contracts and through the spot market.

Infigen is looking to diversify and expand its customer base and will grow its generation portfolio in response to strong price and investment signals. In the short term it is targeting expansion in New South Wales and entry into the Victorian and Queensland regions of the National Electricity Market. Infigen will seek to do this through sales of electricity and LGCs and construction of assets within its development pipeline in those regions.

Infigen trades on the Australian Securities Exchange under the code IFN. For further information please visit our website: www.infigenenergy.com

INFIGEN ENERGY

ANNUAL REPORT 2017

Infigen Energy

Level 17, 56 Pitt Street

Sydney NSW 2000 Australia

[phone]

www.infigenenergy.com

CONTENTS

About	3
Infigen Energy	3
2017 Highlights	5
Chairman and Managing Director's Report	7
Management	10
Corporate Structure	12
Directors' Report	13
Directors	13
Operating and Financial Review	18
Remuneration Report	33
Other Disclosures	48
Auditor's Independence Declaration	50
Financial Report	51
Directors' Declaration	117
Auditor's Report	118
Governance	125
Additional Information	129
Investor Information	129
Glossary	134
Corporate Directory	135

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