Energy Partners Presentation to Pharmaceutical Industry Association June 13, 2008

Agenda 1.Purpose of Project 2.Presentation of Partners 3.Issues in the Energy Sector 4.Proposed Power Plant 5.Financial Benefits 6.Trigeneration 7.Emissions 8.Construction 9.Summary/Conclusions 10.Reciprocating Engine Technology  Technical Benefits

Purpose of Project 1.To provide a solution that will reduce energy costs by generating electric power with highly efficient machines 1.Provide a highly reliable and stable power service 1.Provide the capability of using multiple fuels for cost optimization and fuel choice independence 1.Provide the capability of producing steam, hot water and chilled water in addition to electric power without additional fuel consumption for these services 1.Provide this plant at a competitive price resulting in a short payback period and immediate savings with several options for financing.

- CIC is one of the largest contractors in PR - Founded in 1983: 25 years experience - Over $100 million in annual contracts - Services include: Pre-Construction, General Contracting, Construction Management, and Design & Build under lump sum, Guaranteed Maximum Price (GMP) and negotiated contracts - Recognized 6 consecutive years by the Associated General Contractors of America for our safety program and compliance - Experience in utility projects such as Covadonga GIS, Palo Seco GIS, Martin Peña, SJSP as well as commercial and industrial projects Energy Partners…

- Founded in 1895: Over 113 years of experience - Annual contracts over $68 million; half in the Power and Energy Sectors - Full Electrical and Mechanical construction services - Electric Utility experience in major projects such as Covadonga GIS, Palo Seco GIS, SJSP Repowering, PSSP reconstruction, 115kV Underground Loop, BTC-SVC, etc. - Received safety awards of the Puerto Rico Manufacturers Association, General Contractors Association, Mechanical Contractors Association of America, the Business Roundtable, Customers (Pharmaceuticals, Privates & Government). Energy Partners…

RG Engineering, Inc. –Founded in 1989: 26 years of experience –Total Solutions Provider in the Energy Sector –Part of the RGE Group of Companies which include: RG Engineering, Inc. - Manufacturer’s Rep, General Contractor ITS Engineering, Inc. - Installation, Commissioning and Testing Services MEC Engineering, Inc. - Engineering, Design, Consulting, Project Mngt. Consorcio Laesa, Ltd. - Independent Power Producer, Power Plant Developer and operator, with over 100MW installed –Annual Sales over $30 million, 90% in the Energy Sector –140 employees including 30 licensed engineers –Extensive Experience in Power Plant and Substation Projects –Covadonga GIS, LMM Airport GIS, BTC-SVC, Vieques Power Plant, Laesa’s Pimentel Power Plant, various mechanical and instrumentation projects in PREPA’s power plants. Over 150MW of generation installed. Energy Partners…

Wartsila Wärtsilä focuses on energy markets, power plants and the ship power business with products and solutions as well as services. Lifetime support of installations through design, solutions, service, spare parts and operational support. Over 10,000 MW installed in power plants alone, over 1,500 MW in the Caribbean The company has more than 15,000 employees in 130 offices in over 60 countries around the globe, including Puerto Rico Market cap of approximately US$6.5 billion and net sales for the financial year 2007 totaled US$5.8 billion Energy Partners…

References in Caribbean and Central America

RG Engineering’s Installed Power Plants CEPM15 MW - 95 Montecristi, Samaná18 MW - 97 Seaboard 5 MW - 97 Yamasá, Dajabón 7.5 MW - 98 Sabana de la Mar3.5 MW - 98 La Isabela1.5 MW - 98 Sabana Grande Boyá1.5 MW - 98 Oviedo1.0 MW - 98 Pimentel 55 MW - 99 Vieques (PREPA) 6 MW - 03 Pimentel 132 MW - 07 Pimentel 2 (Ongoing)30 MW - 08 Total176 MW