Your Trusted Sustainability Partner. Candlewood Solar. New Milford CT

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1 Your Trusted Sustainability Partner. Candlewood Solar New Milford CT

2 Ameresco- A Renewable Energy Leader Founded in 2000 to build sustainable energy solutions Headquartered in MA Completed over $5 billion in sustainable energy projects 1,000+ employees Strongly focused on working with Municipalities in New England 70 offices in 34 states and 5 provinces *Ameresco has built 100% of its awarded PV projects

3 Ameresco- 200 MW of experience in PV Large Complex 18.6MW Ft. Detrick, MD Pioneering 2.5MW Mass Department of Transportation Multi-phase 3MW Canopy + LED, MSP Airport 17MW Arizona State University Page 3

4 Ground Mount Solar PV Systems Generate electricity directly from sunlight and feed it to the grid, typically under a Power Purchase Agreement 3 to 4 acres of land per MW Mounted on racks supported by steel posts driven or screwed into the ground (4-6 feet) Tilted to face south, and typically are no more than 8-10 feet off the ground Page 4

5 Ground Mount Solar PV Systems Generate zero emissions Are considered permeable, and the ground around them remains natural grasses. Generate no noise, and the panels are designed to absorb light, generating little to no glare Preserve land from more intensive development. Page 5

6 Ground Mount Solar PV Systems Installed by Ameresco to avoid impacts to wetlands and other sensitive resources, including endangered species. 6-9 Month Construction phase for 20MW Minimal site traffic during operation,1-2 site visits per year System removed at the end of 20 year term Site restored to pre system condition Page 6

7 Candlewood Solar Project Overview 20MW AC Fixed Tilt Solar Photovoltaic (PV) Installation > Installation on ~80 acres of land ~ 65 acres is currently wooded and will be cleared ~ 15 acres of already open field > Maximum height 8-10 feet > No audible noise or moving parts; no lights > No hazardous chemicals > Land reclaimed as pasture, farm, or forest land at end of project life > Centrally sited on 163 acre parcel surrounded by existing forest, maintained to minimize visibility from Candlewood Mountain Road and Candlewood lake > Interconnected to Rocky River Substation on Kent Road (Route 7) Projected Commercial Operation: Expected Fall 2018 > Expected Construction start late 2017 > 20 Year Operating life, followed by system decommissioning and removal Page 7

8 Candlewood Solar Project Overview Site Plan (cont.) Site location is close to Rocky River Substation and the associated transmission node Site contains sufficient space for a 20 MW AC system to meet RFP requirements, while still maintaining adequate buffers. Interconnection run to the substation can be made with minimal visual impact Page 8

9 Candlewood Solar Project Overview Environmental Benefits Annual energy generation of 34,000 MWh > Enough energy to power over 2,400 homes in one year > Offsetting CO 2 emissions: Equal to the consumption of >25 million pounds of coal OR Equal to CO 2 intake of over 22,000 acres of forest in one year Source: EPA Greenhouse Gas Equivalencies Calculator Page 9

10 Candlewood Solar Project Overview Local Investment Total Project Investment > $45-50 Million Local Investment by the Project > $12-15 Million > System installation creates more than 100 jobs, local labor hired for civil/ site and electrical work > Development, Permitting, Consulting, and Legal support provided by CT residents working for firms with CT offices Tax Collected on parcel increased by 500% Page 10

11 Connecticut Siting Council- Process Petition Filing Process > Preparation of Siting Council Petition for Declaratory Ruling > Submission of Siting Council Petition for Declaratory Ruling > Stakeholder review and comment period > Site visits and public hearings > Determination of petition approval > Preparation of Development and Management Plan > Development and Management Plan Approval Ameresco anticipates this process to take 9-12 months from submission of petition to approval of D&M Plan Page 11

12 Submittal Elements for CSC Approval Critical Environmental Issues Assessment Phase I Environmental Site Assessment Wetlands Delineation & Natural Habitat Assessment Natural Diversity Database State Species Review Visual Assessment Air/ Water Quality Studies Review by State Historic Preservation Office Archaeological/ Historical Phase I Storm Water Management Plan/ Erosion and Sediment Control Plan Traffic Assessment FAA Glare Hazard Determination Tree Clearing Quantification Petition for Declaratory ruling submission expected Spring 2017 Page 12

13 Rendering From Candlewood Mountain Road Page 13

14 Questions Joel Lindsay, PE Director Solar PV Project Development Mike Zimmer Senior Project Development Engineer Your Trusted Sustainability Partner.