OT POF IEA Preferred B Aggregator GP LLC

SEC source: 0000950142-21-001058 · es210140080_4-iea2.xml · nonDerivative · entry 1

OCM FIE, LLC · CIK 0001498954 · 10% owner

OAKTREE CAPITAL MANAGEMENT LP · CIK 0000949509 · Director · 10% owner

Partners Ltd · CIK 0001540229 · Director · 10% owner

BROOKFIELD ASSET MANAGEMENT INC. · CIK 0001001085 · Director · 10% owner

Oaktree Capital Management GP, LLC · CIK 0001831013 · Director · 10% owner

Atlas OCM Holdings, LLC · CIK 0001790787 · Director · 10% owner

OT POF IEA Preferred B Aggregator GP LLC · CIK 0001776998 · Director · 10% owner

OT POF IEA Preferred B Aggregator, L.P. · CIK 0001777006 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnotes

Disclosed balance after: 775,370

F1 · kind: On March 23, 2021, Infrastructure and Energy Alternatives, LLC ("IEA LLC") completed a distribution to its members, pro rata in accordance with such member's ownership interest in IEA LLC and the governing documents of IEA LLC, of 1,554,127 shares of Common Stock and warrants exercisable for 618,007 shares of Common Stock. As part of this distribution, Oaktree Power Opportunities Fund III Delaware, L.P. ("Fund III") became the direct beneficial owner of (i) 384,280 shares of Common Stock and (ii) warrants exercisable for 481,181 shares of Common Stock.

F1 · price: On March 23, 2021, Infrastructure and Energy Alternatives, LLC ("IEA LLC") completed a distribution to its members, pro rata in accordance with such member's ownership interest in IEA LLC and the governing documents of IEA LLC, of 1,554,127 shares of Common Stock and warrants exercisable for 618,007 shares of Common Stock. As part of this distribution, Oaktree Power Opportunities Fund III Delaware, L.P. ("Fund III") became the direct beneficial owner of (i) 384,280 shares of Common Stock and (ii) warrants exercisable for 481,181 shares of Common Stock.

F8 · balance_after: These securities remain subject to a lock-up agreement entered into between the Reporting Person and the representative of the underwriters for the public offering of the Issuer's common stock by Infrastructure and Energy Alternatives, LLC, which was completed in February 2021.

F2 · ownership.nature: Represents shares held of record by IEA LLC. Fund III is the controlling equity holder of IEA LLC. The general partner of Fund III is Oaktree Fund GP, LLC. The managing member of Oaktree Fund GP, LLC is Oaktree Fund GP I, L.P. The general partner of Oaktree Fund GP I, L.P. is Oaktree Capital I, L.P. The general partner of Oaktree Capital I, L.P. is OCM Holdings I, LLC. The managing member of OCM Holdings I, LLC is Oaktree Holdings, LLC. The managing member of Oaktree Holdings, LLC is Oaktree Capital Group, LLC ("OCG").

F4 · ownership.nature: Brookfield Asset Management Inc. ("BAM") is the indirect owner of the class A units of OCG and Atlas. Partners Limited is the sole owner of Class B Limited Voting Shares of BAM.

F5 · ownership.nature: Information with respect to each Reporting Person is given solely by such Reporting Person, and no such Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person.

F6 · ownership.nature: Each of the Reporting Persons expressly disclaims beneficial ownership of the equity securities reported herein, except to the extent of their respective pecuniary interests therein, and the filing of this Form 4 shall not be construed as an admission that any such Reporting Person is the beneficial owner of any equity securities covered by this Form 4.

F7 · ownership.nature: Each reporting person is filing this Form 4 pursuant to Rule 16a-3(j) under the Securities and Exchange Act of 1934, as amended.

SEC source: 0000950142-21-000474 · es210127129_4-iea2.xml · nonDerivative · entry 5

OCM FIE, LLC · CIK 0001498954 · Director · 10% owner

OAKTREE CAPITAL MANAGEMENT LP · CIK 0000949509 · Director · 10% owner

Partners Ltd · CIK 0001540229 · Director · 10% owner

BROOKFIELD ASSET MANAGEMENT INC. · CIK 0001001085 · Director · 10% owner

Oaktree Capital Management GP, LLC · CIK 0001831013 · Director · 10% owner

Atlas OCM Holdings, LLC · CIK 0001790787 · Director · 10% owner

OT POF IEA Preferred B Aggregator GP LLC · CIK 0001776998 · Director · 10% owner

OT POF IEA Preferred B Aggregator, L.P. · CIK 0001777006 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnotes

Disclosed balance after: 0

F9 · shares: On February 3, 2021, Ares Special Situations Fund IV, L.P. ("ASSF IV") and ASOF Holdings I, L.P. ("ASOF Holdings" and together with ASSF IV, the "Ares Parties"), IEA LLC and Preferred B Aggregator (collectively, the "Oaktree Parties") and Fund III, entered into a securities purchase agreement (the "Securities Purchase Agreement"), pursuant to which the Ares Parties agreed to purchase all of the Series A Preferred Stock, par value $0.0001 per share, Series B-1 Preferred Stock, par value $0.0001 per share, and Series B-3 Preferred Stock, par value $0.0001 per share, held by IEA LLC and Preferred B Aggregator for total aggregate consideration of approximately $66.0 million. The closing of the transactions under the Securities Purchase Agreement was conditional upon, among other things, the selling stockholder selling a minimum of $60,000,000 of common stock in an underwritten public offering, which was consummated on February 8, 2021.

F2 · ownership.nature: Represents shares held of record by OT POF IEA Preferred B Aggregator, L.P. ("Preferred B Aggregator"), which may be deemed to be indirectly held by the Reporting Persons. The general partner of Preferred B Aggregator is OT POF IEA Preferred B Aggregator GP, LLC ("Preferred B Aggregator GP").

F3 · ownership.nature: Oaktree Power Opportunities Fund III Delaware, L.P. ("Fund III") is the controlling equity holder of IEA LLC and the managing member of Preferred B Aggregator GP. The general partner of Fund III is Oaktree Fund GP, LLC. The managing member of Oaktree Fund GP, LLC is Oaktree Fund GP I, L.P. The general partner of Oaktree Fund GP I, L.P. is Oaktree Capital I, L.P. The general partner of Oaktree Capital I, L.P. is OCM Holdings I, LLC. The managing member of OCM Holdings I, LLC is Oaktree Holdings, LLC. The managing member of Oaktree Holdings, LLC is Oaktree Capital Group, LLC ("OCG").

F5 · ownership.nature: Brookfield Asset Management Inc. ("BAM") is the indirect owner of the class A units of OCG and Atlas. Partners Limited is the sole owner of Class B Limited Voting Shares of BAM.

F6 · ownership.nature: Information with respect to each Reporting Person is given solely by such Reporting Person, and no such Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person.

F7 · ownership.nature: Each of the Reporting Persons expressly disclaims beneficial ownership of the equity securities reported herein, except to the extent of their respective pecuniary interests therein, and the filing of this Form 4 shall not be construed as an admission that any such Reporting Person is the beneficial owner of any equity securities covered by this Form 4.

F8 · ownership.nature: Each reporting person is filing this Form 4 pursuant to Rule 16a-3(j) under the Securities and Exchange Act of 1934, as amended.

F9 · ownership.nature: On February 3, 2021, Ares Special Situations Fund IV, L.P. ("ASSF IV") and ASOF Holdings I, L.P. ("ASOF Holdings" and together with ASSF IV, the "Ares Parties"), IEA LLC and Preferred B Aggregator (collectively, the "Oaktree Parties") and Fund III, entered into a securities purchase agreement (the "Securities Purchase Agreement"), pursuant to which the Ares Parties agreed to purchase all of the Series A Preferred Stock, par value $0.0001 per share, Series B-1 Preferred Stock, par value $0.0001 per share, and Series B-3 Preferred Stock, par value $0.0001 per share, held by IEA LLC and Preferred B Aggregator for total aggregate consideration of approximately $66.0 million. The closing of the transactions under the Securities Purchase Agreement was conditional upon, among other things, the selling stockholder selling a minimum of $60,000,000 of common stock in an underwritten public offering, which was consummated on February 8, 2021.

SEC source: 0000950142-21-000474 · es210127129_4-iea2.xml · nonDerivative · entry 4

OCM FIE, LLC · CIK 0001498954 · Director · 10% owner

OAKTREE CAPITAL MANAGEMENT LP · CIK 0000949509 · Director · 10% owner

Partners Ltd · CIK 0001540229 · Director · 10% owner

BROOKFIELD ASSET MANAGEMENT INC. · CIK 0001001085 · Director · 10% owner

Oaktree Capital Management GP, LLC · CIK 0001831013 · Director · 10% owner

Atlas OCM Holdings, LLC · CIK 0001790787 · Director · 10% owner

OT POF IEA Preferred B Aggregator GP LLC · CIK 0001776998 · Director · 10% owner

OT POF IEA Preferred B Aggregator, L.P. · CIK 0001777006 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnotes

Disclosed balance after: 0

F9 · shares: On February 3, 2021, Ares Special Situations Fund IV, L.P. ("ASSF IV") and ASOF Holdings I, L.P. ("ASOF Holdings" and together with ASSF IV, the "Ares Parties"), IEA LLC and Preferred B Aggregator (collectively, the "Oaktree Parties") and Fund III, entered into a securities purchase agreement (the "Securities Purchase Agreement"), pursuant to which the Ares Parties agreed to purchase all of the Series A Preferred Stock, par value $0.0001 per share, Series B-1 Preferred Stock, par value $0.0001 per share, and Series B-3 Preferred Stock, par value $0.0001 per share, held by IEA LLC and Preferred B Aggregator for total aggregate consideration of approximately $66.0 million. The closing of the transactions under the Securities Purchase Agreement was conditional upon, among other things, the selling stockholder selling a minimum of $60,000,000 of common stock in an underwritten public offering, which was consummated on February 8, 2021.

F2 · ownership.nature: Represents shares held of record by OT POF IEA Preferred B Aggregator, L.P. ("Preferred B Aggregator"), which may be deemed to be indirectly held by the Reporting Persons. The general partner of Preferred B Aggregator is OT POF IEA Preferred B Aggregator GP, LLC ("Preferred B Aggregator GP").

F3 · ownership.nature: Oaktree Power Opportunities Fund III Delaware, L.P. ("Fund III") is the controlling equity holder of IEA LLC and the managing member of Preferred B Aggregator GP. The general partner of Fund III is Oaktree Fund GP, LLC. The managing member of Oaktree Fund GP, LLC is Oaktree Fund GP I, L.P. The general partner of Oaktree Fund GP I, L.P. is Oaktree Capital I, L.P. The general partner of Oaktree Capital I, L.P. is OCM Holdings I, LLC. The managing member of OCM Holdings I, LLC is Oaktree Holdings, LLC. The managing member of Oaktree Holdings, LLC is Oaktree Capital Group, LLC ("OCG").

F5 · ownership.nature: Brookfield Asset Management Inc. ("BAM") is the indirect owner of the class A units of OCG and Atlas. Partners Limited is the sole owner of Class B Limited Voting Shares of BAM.

F6 · ownership.nature: Information with respect to each Reporting Person is given solely by such Reporting Person, and no such Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person.

F7 · ownership.nature: Each of the Reporting Persons expressly disclaims beneficial ownership of the equity securities reported herein, except to the extent of their respective pecuniary interests therein, and the filing of this Form 4 shall not be construed as an admission that any such Reporting Person is the beneficial owner of any equity securities covered by this Form 4.

F8 · ownership.nature: Each reporting person is filing this Form 4 pursuant to Rule 16a-3(j) under the Securities and Exchange Act of 1934, as amended.

F9 · ownership.nature: On February 3, 2021, Ares Special Situations Fund IV, L.P. ("ASSF IV") and ASOF Holdings I, L.P. ("ASOF Holdings" and together with ASSF IV, the "Ares Parties"), IEA LLC and Preferred B Aggregator (collectively, the "Oaktree Parties") and Fund III, entered into a securities purchase agreement (the "Securities Purchase Agreement"), pursuant to which the Ares Parties agreed to purchase all of the Series A Preferred Stock, par value $0.0001 per share, Series B-1 Preferred Stock, par value $0.0001 per share, and Series B-3 Preferred Stock, par value $0.0001 per share, held by IEA LLC and Preferred B Aggregator for total aggregate consideration of approximately $66.0 million. The closing of the transactions under the Securities Purchase Agreement was conditional upon, among other things, the selling stockholder selling a minimum of $60,000,000 of common stock in an underwritten public offering, which was consummated on February 8, 2021.

SEC source: 0000950142-21-000474 · es210127129_4-iea2.xml · nonDerivative · entry 3

OCM FIE, LLC · CIK 0001498954 · Director · 10% owner

OAKTREE CAPITAL MANAGEMENT LP · CIK 0000949509 · Director · 10% owner

Partners Ltd · CIK 0001540229 · Director · 10% owner

BROOKFIELD ASSET MANAGEMENT INC. · CIK 0001001085 · Director · 10% owner

Oaktree Capital Management GP, LLC · CIK 0001831013 · Director · 10% owner

Atlas OCM Holdings, LLC · CIK 0001790787 · Director · 10% owner

OT POF IEA Preferred B Aggregator GP LLC · CIK 0001776998 · Director · 10% owner

OT POF IEA Preferred B Aggregator, L.P. · CIK 0001777006 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnotes

Disclosed balance after: 0

F9 · shares: On February 3, 2021, Ares Special Situations Fund IV, L.P. ("ASSF IV") and ASOF Holdings I, L.P. ("ASOF Holdings" and together with ASSF IV, the "Ares Parties"), IEA LLC and Preferred B Aggregator (collectively, the "Oaktree Parties") and Fund III, entered into a securities purchase agreement (the "Securities Purchase Agreement"), pursuant to which the Ares Parties agreed to purchase all of the Series A Preferred Stock, par value $0.0001 per share, Series B-1 Preferred Stock, par value $0.0001 per share, and Series B-3 Preferred Stock, par value $0.0001 per share, held by IEA LLC and Preferred B Aggregator for total aggregate consideration of approximately $66.0 million. The closing of the transactions under the Securities Purchase Agreement was conditional upon, among other things, the selling stockholder selling a minimum of $60,000,000 of common stock in an underwritten public offering, which was consummated on February 8, 2021.

F2 · ownership.nature: Represents shares held of record by OT POF IEA Preferred B Aggregator, L.P. ("Preferred B Aggregator"), which may be deemed to be indirectly held by the Reporting Persons. The general partner of Preferred B Aggregator is OT POF IEA Preferred B Aggregator GP, LLC ("Preferred B Aggregator GP").

F3 · ownership.nature: Oaktree Power Opportunities Fund III Delaware, L.P. ("Fund III") is the controlling equity holder of IEA LLC and the managing member of Preferred B Aggregator GP. The general partner of Fund III is Oaktree Fund GP, LLC. The managing member of Oaktree Fund GP, LLC is Oaktree Fund GP I, L.P. The general partner of Oaktree Fund GP I, L.P. is Oaktree Capital I, L.P. The general partner of Oaktree Capital I, L.P. is OCM Holdings I, LLC. The managing member of OCM Holdings I, LLC is Oaktree Holdings, LLC. The managing member of Oaktree Holdings, LLC is Oaktree Capital Group, LLC ("OCG").

F5 · ownership.nature: Brookfield Asset Management Inc. ("BAM") is the indirect owner of the class A units of OCG and Atlas. Partners Limited is the sole owner of Class B Limited Voting Shares of BAM.

F6 · ownership.nature: Information with respect to each Reporting Person is given solely by such Reporting Person, and no such Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person.

F7 · ownership.nature: Each of the Reporting Persons expressly disclaims beneficial ownership of the equity securities reported herein, except to the extent of their respective pecuniary interests therein, and the filing of this Form 4 shall not be construed as an admission that any such Reporting Person is the beneficial owner of any equity securities covered by this Form 4.

F8 · ownership.nature: Each reporting person is filing this Form 4 pursuant to Rule 16a-3(j) under the Securities and Exchange Act of 1934, as amended.

F9 · ownership.nature: On February 3, 2021, Ares Special Situations Fund IV, L.P. ("ASSF IV") and ASOF Holdings I, L.P. ("ASOF Holdings" and together with ASSF IV, the "Ares Parties"), IEA LLC and Preferred B Aggregator (collectively, the "Oaktree Parties") and Fund III, entered into a securities purchase agreement (the "Securities Purchase Agreement"), pursuant to which the Ares Parties agreed to purchase all of the Series A Preferred Stock, par value $0.0001 per share, Series B-1 Preferred Stock, par value $0.0001 per share, and Series B-3 Preferred Stock, par value $0.0001 per share, held by IEA LLC and Preferred B Aggregator for total aggregate consideration of approximately $66.0 million. The closing of the transactions under the Securities Purchase Agreement was conditional upon, among other things, the selling stockholder selling a minimum of $60,000,000 of common stock in an underwritten public offering, which was consummated on February 8, 2021.

SEC source: 0000950142-21-000474 · es210127129_4-iea2.xml · nonDerivative · entry 1

OCM FIE, LLC · CIK 0001498954 · Director · 10% owner

OAKTREE CAPITAL MANAGEMENT LP · CIK 0000949509 · Director · 10% owner

Partners Ltd · CIK 0001540229 · Director · 10% owner

BROOKFIELD ASSET MANAGEMENT INC. · CIK 0001001085 · Director · 10% owner

Oaktree Capital Management GP, LLC · CIK 0001831013 · Director · 10% owner

Atlas OCM Holdings, LLC · CIK 0001790787 · Director · 10% owner

OT POF IEA Preferred B Aggregator GP LLC · CIK 0001776998 · Director · 10% owner

OT POF IEA Preferred B Aggregator, L.P. · CIK 0001777006 · Director · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnotes

Disclosed balance after: 1,945,217

F1 · ownership.nature: Represents shares held of record by Infrastructure and Energy Alternatives, LLC ("IEA LLC").

F3 · ownership.nature: Oaktree Power Opportunities Fund III Delaware, L.P. ("Fund III") is the controlling equity holder of IEA LLC and the managing member of Preferred B Aggregator GP. The general partner of Fund III is Oaktree Fund GP, LLC. The managing member of Oaktree Fund GP, LLC is Oaktree Fund GP I, L.P. The general partner of Oaktree Fund GP I, L.P. is Oaktree Capital I, L.P. The general partner of Oaktree Capital I, L.P. is OCM Holdings I, LLC. The managing member of OCM Holdings I, LLC is Oaktree Holdings, LLC. The managing member of Oaktree Holdings, LLC is Oaktree Capital Group, LLC ("OCG").

F5 · ownership.nature: Brookfield Asset Management Inc. ("BAM") is the indirect owner of the class A units of OCG and Atlas. Partners Limited is the sole owner of Class B Limited Voting Shares of BAM.

F6 · ownership.nature: Information with respect to each Reporting Person is given solely by such Reporting Person, and no such Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person.

F7 · ownership.nature: Each of the Reporting Persons expressly disclaims beneficial ownership of the equity securities reported herein, except to the extent of their respective pecuniary interests therein, and the filing of this Form 4 shall not be construed as an admission that any such Reporting Person is the beneficial owner of any equity securities covered by this Form 4.

F8 · ownership.nature: Each reporting person is filing this Form 4 pursuant to Rule 16a-3(j) under the Securities and Exchange Act of 1934, as amended.

F10 · ownership.nature: On December 30, 2020, IEA LLC distributed 40,000 shares of common stock to Christopher Hanson, the Issuer's Executive Vice President of Wind Operations and a member of IEA LLC, as a pro rata in-kind distribution in respect of his membership interest in IEA LLC, who in turn donated these shares to the Dash Foundation Inc.