2. TuuliSaimaa Oy (WindSaimaa Ltd) is a Finnish company located at city of Lappeenranta.TuuliSaimaa Oy (WindSaimaa Ltd) is a Finnish company located at city of Lappeenranta. TuuliSaimaa was established in 2009 by seven shareholders with equal shares. One of the shareholders is Lappeenranta Energy Ltd.TuuliSaimaa was established in 2009 by seven shareholders with equal shares. One of the shareholders is Lappeenranta Energy Ltd. The business idea of TuuliSaimaa is to develop and build wind farms in Finland.The business idea of TuuliSaimaa is to develop and build wind farms in Finland. The competitive advantage of TuuliSaimaa is its strong knowledge and experience.The competitive advantage of TuuliSaimaa is its strong knowledge and experience. TuuliSaimaa has exceptional expertise in wind energy production.TuuliSaimaa has exceptional expertise in wind energy production. The target of the company is to achieve 10 % of the market (250 MW).The target of the company is to achieve 10 % of the market (250 MW).

3. Operative team Petteri Laaksonen D.Sc. (Tech) Managing Director Miika Pilli M.Sc. (Tech) Project Manager Aapo Koivuniemi M.Sc. (Tech) Development Manager (WAsP certified) Jaana Ylärakkola Manager, Finance and Administration Oskari Pylkkönen M.Sc. (Tech) Project Engineer Juha Tuominen M.Sc. (Tech) Director Managing Director, TuuliMuukko Oy

4. Phases require − Different skills − Contain different uncertainties and risks − Require different equity structure and finance Risk, uncertainty 12 – 36 months 9 -12 months 20 years 8 % 12 % Return requirement x % Total capital required Wind farm development – Phasing DevelopmentInvestmentProduction

5. TuuliSaimaa competencies Permitting processPermitting process –Studies (For EIA, City Planning, Building permits), done in more that 30 sites in Finland: Environmental Reports (Mirgating and nesting birds, rare plants, nature types, bats, frogs, flying squirrel etc.)Environmental Reports (Mirgating and nesting birds, rare plants, nature types, bats, frogs, flying squirrel etc.) Network connections, wind farm networks and substationsNetwork connections, wind farm networks and substations Radar issuesRadar issues Scenery- and perception modellingScenery- and perception modelling Noice and flickering modellingNoice and flickering modelling Extensive network of subcontractorsExtensive network of subcontractors –Environmental Impach Assesment, City Planning, Building permits Wind measurement - Largest LIDAR operator in FinlandWind measurement - Largest LIDAR operator in Finland –Four own Natural Power ZephIR 300 LIDAR devices. Natural Power ZephIR 300 LIDAR Natural Power ZephIR 300 LIDAR –Rented Finish Metorolical Institutes LIDAR –Many rented SODAR and mast measurements –Data collection and management –Extensive network of subcontractors Site assessment and optimizationSite assessment and optimization –Layout planning –AEP –Noice and flickering modelling

6. Investment calculations and finance planning (IRR ja NPV)Investment calculations and finance planning (IRR ja NPV) –Annual Energy Production (AEP), turnover –Investment & Running costs Acquisition of windfarmsAcquisition of windfarms Wind Farm InvestmentsWind Farm Investments –Purchasing (technical and commercial management) Turbines & maintenanceTurbines & maintenance Infrastucture, foundations and wind farm networkInfrastucture, foundations and wind farm network Substation and Fingrid/local grid connectionSubstation and Fingrid/local grid connection –Project finance –Project company administration and management –Energy sales –Project management –Feed-in-tariff with Finish Energy Market Authority Etc.Etc. TuuliSaimaa competencies

7. University co-operation and TuuliSaimaa Oy

8. University co-operation with LUT Spin-off from LUT researchSpin-off from LUT research –Few professors also board members Acquisition of research from LUT immediately at start by 70 000 EURAcquisition of research from LUT immediately at start by 70 000 EUR –Model for transferring wind data into turnover –Windfarm network connection requirements and technical implementation –Production optimisation based on real wind data –Inland wind and investment opportunities Donation of the wind measurement data to LUT from several sites in Finland (cost > 500 000 EUR, still continues)Donation of the wind measurement data to LUT from several sites in Finland (cost > 500 000 EUR, still continues)

9. University co-operation with LUT Donation of the wind measurement data to LUT from several sites in Finland (cost > 500 000 EUR, still continues)Donation of the wind measurement data to LUT from several sites in Finland (cost > 500 000 EUR, still continues) TrainingTraining –Main bulk of the personnel M.Sc’s trained by LUT –One part time doctoral student at LUT (from TuuliSaimaa) –One M.Sc permanently employed via master’s thesis TuuliSaimaa personnel to give lectures at LUTTuuliSaimaa personnel to give lectures at LUT Research proposal in Muukko wind farm together with AlstomResearch proposal in Muukko wind farm together with Alstom

10. Advantages with LUT Young, focused and flexibleYoung, focused and flexible Very good knowledge and big enough teamsVery good knowledge and big enough teams High level co-operation with many firmsHigh level co-operation with many firms Reseach publications and qualityReseach publications and quality

11. Frustrating points Speed - different time scalesSpeed - different time scales –Business needs (results) –Administration and contracts Public finance (TEKES)Public finance (TEKES) –Strictly for product development Diversed organisationDiversed organisation –CEID –Energy department –Department of mathematics and fysics

12. Petteri Laaksonen (D.Sc) Managing Director Mobile: +358 40 508 8498 Email: petteri.laaksonen@tuulisaimaa.fi Snellmaninkatu 3, 53100 Lappeenranta www.tuulisaimaa.fi