The Reinvestment Fund Financing Building-Related Energy Efficiency Projects Keystone Energy Efficiency Alliance Conference 2010 TRF Energy Finance September 21, 2010

TRF Profile Real Estate Development Policy & Information Services Business Lines Lending and Investing  $1 billion  $1 billion in cumulative investments and loans throughout the mid- Atlantic $670 million  Currently manage $670 million in capital from 800 investors PolicyMap

TRF Outcomes 18,900 homes 29,200 charter school seats 46,200 jobs 8.4 million sq. ft of commercial space 3.0 million MWh of clean energy

TRF Energy’s Financial Tools  Commercial loans  Energy performance contract financing  TRF-branded leasing product

TRF Energy Funds $100 million in clean energy financing  NESIP – $4.5 million energy revolving loan fund to finance energy efficiency measures for non-profit organizations –Seeded with $2.25MM from Pew Charitable Trusts –Managed by TRF since 1993  SDF – $32 million of funding to promote renewable energy market development and energy efficiency –Funded from electric utility restructuring and merger cases –Managed by TRF since 1998  PA GELF (incl. $12 million ARRA SEP $)  Phila. Greenworks (incl. $1.7 million ARRA allocated EECBG $)  Metro Caucus (incl. $6.75 million ARRA competitive EECBG $)

PA Green Energy Loan Fund $48 million for EE measures in PA buildings  Seeded with $12 million from PA DEP using ARRA dollars  Projects must reduce energy by 25% over baseline  Borrowers: commercial, nonprofit, multifamily residential, industrial, government projects for owners, developers, anchor tenants  Construction loans, term loans, lease financing  Financing ranges from $100,000 - $2,500,000  Pricing: generally 4.0 – 6.5% range  See

TRF Energy Technical Services TRF provides energy “owner’s rep” services for prospective borrowers:  Review and analysis of energy bills  Site-specific energy surveys  Design assistance for new construction, additions and major renovations  Technical information  Project management assistance (review of contractor bids, referral lists of contractors, help with RFBs and contracts)  Follow-up services (staff training and monitoring of project savings)

Contact Us The Reinvestment Fund 718 Arch Street, Suite 300 North Philadelphia, PA Rob Sanders Managing Director, TRF Energy Finance