Capture Plan (V1)

We apply higher capture rate to fast-closing categories and lower to slow ones.

By year

Year-1 routed by category ($1.369B total)

Year-3 routed by category ($2.738B total)

Assumptions

• All figures are CAPEX flows (not OPEX, not installed base).

• Crypto rigs included conservatively; policy changes could provide upside.

• Category → countrysplits reflect sector realities: Mexico strong in data-centers/C&I solar, Chile+Peru heavy in mining; EV-infra still small outside Brazil.