Financing Renewable Energy Projects OVERVIEW OF PROJECT DEVELOPMENT ISSUES 5 June 2014 Tony Colonnese Director of Engineering Services

2014 ADC DEFENSE COMMUNITIES NATIONAL SUMMIT | PAGE 3 Ameresco Renewable Energy Experience  DOE Savannah River Site – Biomass  Arizona State University – PV  Landfill Gas to Energy  Fort Detrick – PV

2014 ADC DEFENSE COMMUNITIES NATIONAL SUMMIT | PAGE 4 Homework Prior to Issuing an RFP  Economic Viability of a Project  Current Utility Rates  State Incentives – Renewable Portfolio Standard (RPS)  Condition of Existing Infrastructure  Internal Support for a Project  Surplus Land Suitable for Development  NEPA Environmental Assessment

2014 ADC DEFENSE COMMUNITIES NATIONAL SUMMIT | PAGE 5 Sample of Major Development Steps  Utility Interconnection Study and Agreement  Load Integration Study (Behind the Meter)  State Environmental Permitting  Storm Water Management & Erosion Control  Emissions Controls  Wetlands, Floodplain  Endangered Species  Cultural Resources, Historic Preservation  Other Unique to State – e.g. Afforestation  NEPA Environmental Assessment  Site-Specific Conditions

2014 ADC DEFENSE COMMUNITIES NATIONAL SUMMIT | PAGE 6 Other Important Development Steps  Local Planning  Cyber Security  Site Lease Issues  Title  Encumbrances  Access

2014 ADC DEFENSE COMMUNITIES NATIONAL SUMMIT | PAGE 7 Development Timeline  Utility Interconnect Study – 3 to 6 months  Environmental Permitting – 4 to 12 months  NEPA Environmental Assessment – 6 to 12 months  Title Search / Land Survey – 2 to 4 months  Final Contract Negotiations – Ongoing  Other DoD Approvals – 2 to 6 months. After All Else Done but Preparatory Work Important