Welcome Dry Lake II Wind Power Project

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1 Welcome Dry Lake II Wind Power Project February 23, 2010 Snowflake, AZ

2 Iberdrola Renewables Inc. Who we are: Developer, Operator, and Owner of the Dry Lake Wind Farm 1 St Wind Farm in Navajo County and State of Arizona! Pacific Wind Development LLC Applicant for Special Use Permit Who we are not: NZ Legacy Disgen Nacelle Airborn 2

3 Iberdrola Renewables is: The world leader in wind power capacity and output* Over 10,000 MW of installed projects at the end of The largest pipeline of planned wind energy projects in the world Iberdrola Renewables wind projects are part of communities in 20 US states. Parent company has renewable energy experience in 23 countries. Technical and financial backing from the fourth largest electric utility company in the world by market capitalization. * Source: New Energy Finance 3

4 Iberdrola Renewables is: Over 3,500 MW installed in the US at 40 wind projects An American company headquartered in Portland, Oregon. Regional offices in Houston, Philadelphia, Calgary, Chicago, Salt Lake City, Boulder. Over 830 employees in the US. We design, build, finance, construct and operate our wind farms. Invested in US wind development with more than $2 billion spent in 2008 and Plans to invest an additional $6 billion in renewable energy facilities in the US over the next 3-4 years. The wind energy production from the US assets alone meets the electricity demand of more than a million typical American homes. 4

5 North American Wind Assets Hay Canyon MW Owned Klondike 24 MW Owned Klondike II 75 MW Owned Klondike III MW Owned Klondike IIIa 76.5 MW Owned Star Point 60.9 MW Owned High Winds 162 MW PPA Shiloh 150 MW Owned Mountain View III MW Owned Big Horn MW Owned WESTERN REGION Dry Lake 63 MW Owned Stateline 300 MW PPA Pebble Springs 98.7 MW Owned Pleasant Valley 144 MW PPA Twin Buttes 75 MW Owned Colorado Green 81 MW Owned (162 MW Project) Moraine II 49.5 MW Owned Moraine 51 MW Owned MinnDakota 150 MW Owned Buffalo Ridge 50.4 MW Owned Elm Creek 99 MW Owned Flying Cloud 43.5 MW Owned Winnebago 20 Owned Elk River 150 MW Owned Dillon 45 MW Owned MID-CONTINENT REGION Trimont 101 MW Owned Top of Iowa II, 80 MW Owned Barton Barton Chapel 120 MW Owned 160 MW Owned Farmers City 146 MW Owned Maple Ridge MW Owned (231 MW Project) Providence Heights 72 MW Owned Maple Ridge II 45.4 MW Owned (91 MW Project) Locust Ridge 26 MW Owned Locust Ridge II 102 MW Owned Casselman 34.5 MW Owned Lempster 24 MW Owned NORTHEAST REGION Wind projects owned or controlled Peñascal 202 MW Owned Updated January 25,

6 Dry Lake II timeline Constructed 63MW Dry Lake Wind farm Summer (30 wind turbines) Initiated site specific environmental studies in March 2009 Submitted SUP Permit App. for Phase II Dec 2009 Expected Planning Commission hearing: March Anticipate start of construction July

7 Dry Lake II Project Components turbines Up to 65.1MW 80m free-standing met tower Improved/new access roads from SR kv collector system Project Substation (34.5kV/69kV) Operations and Maintenance Building 7

8 Wind Turbine Technology Turbine Type Suzlon 2.1 MW Gamesa 2.0 MW GE 1.5 MW # Turbines Tower (260 ft) (256 ft 328 ft) (262 ft) Rotor diameter ( ft) (285 ft 295 ft) (253 ft ft) Total Height ( ft) (399 ft 476 ft) (389 ft ft) 8

9 2.1 MW Suzlon S m D (289 ) 9

10 10

11 Compatibility with existing land uses Grazing Existing High Voltage Transmission Two 69kV, One 500kV Sugarloaf Substation Cholla Coal Power plant Near other industrial uses Pig farm Railway Pulp Mill Remote location over 2 Miles from nearest residence 11

12 12

13 Project Development Process Market Assessment Prospecting Site Control Wind Resource Transmission GIS & Field Scouting Constraints Mapping Residents and Sensitive Receptors Setbacks Property Ownership Existing Land Uses 13

14 Project Development Process Environmental Analysis Wildlife Vegetation Cultural Water Sound Permitting Public Outreach 14

15 15

16 16

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