OwnEnergy & Mid-Sized / Community - Scale Wind Introduction and Case Studies

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1 September 2013 OwnEnergy & Mid-Sized / Community - Scale Wind Introduction and Case Studies OwnEnergy The expert in mid sized and community wind Local Partners Breakthrough model for local ownership Pipeline ~ 23 Projects ~ 1,160 MW ~ 879 MW 14 / 15 COD Project State MW Carroll Area Wind Farm IA 21 Ivester Wind Energy, LLC IA 90 Alexander Wind Farm KS 50 Two Dot Wind Farm MT 10 Magnet Wind Farm NE 80 Copenhagen Wind NY 80 Iron Road Wind Farm OK 70 Ringer Hill Wind, LLC PA 37 SummitWind Farm SD 90 Windthorst 2 Wind Farm TX-N 65 Muenster Wind Farm TX-N 106 Freer Wind Farm TX-S 62 Wetegrove Wind Farm TX-S 100 Green Mountain Wind Farm VT 18 Total 879 Average Size 63 Standardization Best in class developer of mid sized renewables 60MW Blackwell Wind Farm 51MW Windthorst 1 Wind Farm 30MW Patton Wind Farm Proven 3 projects & 140 MW Completed, Sold, Spinning 33

2 Mid Sized and Community Scale Wind: Benefits Community members have direct financial stake and decision making process Genuine sense of community involvement leads to greater acceptance of wind Recycles profits locally, creating more local jobs and economic benefit Federal Policy on the way Smaller projects means more efficient use of existing grid Project Size = 0 MW 100 MW; absolute inclusion below 20MW 34 Three Different Markets Depending on Project Size Mid Sized Wind (20 80 MWs) Offsetting costs due to local involvement and development times Strong involvement with local community Small Wind (<5 MWs) Behind the Meter 1 4 turbines in size Large Wind (150+ MWs) Utility Size Long development lead times and often transmission dependent 35

3 Local Partners A pioneering approach to development Our network of energy entrepreneurs Marty Yahner Board Member, Farm Bureau Sixth generation of Yahners to farm and live in the Patton community. OwnEnergy cultivates local champions to initiate projects and manage local development Doug Price VP Power Systems, Garrad Hassan Doug's family has been on the farm for more than 100 years His Mom was born on the land in the house David Healow Anesthesiologist Native of Billings, MT David Malleck Investment Advisor, Raymond James Grew up on a farm in NE that has been in his family since the 1800 s. Joel Bannister Associate, Patton Boggs LLP The Bannister family have been farming and ranching in Rush County for over 100 years David Savage Systems Consultant, Etherios Grandfather bought the land in Blackwell in 1912 Jimmy Horn Nuclear Engineer Family has been living in the community for over 50 years Projects built in 2012 and 36 in operation Case Study Cowboy Wind Farm 60 MW, Cowboy Wind Farm, Kay County, Oklahoma, originally developed by OwnEnergy, and Local Partner, David Savage, constructed by NextEra, commenced operations in December 2012, selling output to Oklahoma Gas & Electric / Oklahoma State University 37

4 Cowboy Wind Farm Challenges Overcome Soft PPA market limited offtake options David created a relationship with local Chamber of Commerce, who in turn, became a crucial advocate Relationship opened introduction to OSU Cowboy Wind Farm Oklahoma State + 20 year deal with OG+E + Projected savings of ~$10mm over 10 years, and up to $33mm over 20 years + 67% of load at Stillwater campus + OSU Green Power ranking + #6 of Universities + #43 overall + Moves Big XII to 3 from 5 in Green Conferences + Sustainability stewardship + Wind technology education + $10k scholarship for Blackwell high school students to attend OSU 39

5 Blackwell Benefits Over the next 25 years: + $10mm in property tax payments over 25 years. + $7mm in royalties to landowners over 25 years. + $1mm in economic benefits to community development partners construction jobs. + 3 permanent O&M jobs. 40 Case Study Patton Wind Farm 30 MW, Patton Wind Farm, Cambria County, Pennsylvania, originally developed by OwnEnergy and Local Partner, Yahner Brothers, constructed by EverPower, commenced operations in December

6 St. Francis University Renewable Energy Center Initial wind measurement campaign completed by the St. Francis University Renewable Energy Center s Anemometer Loan Program (ALP) in 2006 kicked off the Patton Wind Farm 42 Patton Wind Farm Local Partner Value Local Partner has the pulse on community perception Helps avoid missteps, by controlling the information vacuum Example: Setback concerns from neighboring township

7 Patton Wind Farm Local Community Benefits Turbines erected at Patton Wind Farm Over the next 20 years: + $2.5mm in total payments to the host townships, county, and school district + $8mm in income to participating landowners and neighbors construction jobs permanent O&M jobs. 44 OwnEnergy The expert in mid sized and community wind Our Local Partners are our secret sauce Local Partners deliver: Strong messaging Commitment to the community Forge lasting relationships Creates Local Jobs Promotes Rural Economic Development Clean, Renewable Power 45

8 OwnEnergy Contact Information Scott Kuhlke Development Manager Office: (718) Matt McCluskey Development Director Office: (718) Main Street Suite 536, Brooklyn, NY Main Office: (646) Fax: (646)