1. 1 Tooele Large-Scale Renewable Energy Solar Project Industry Day Tooele Army Depot Bldg 1005 Tooele, Utah, 84074 Eagles Nest Conference Center 435-833-2442 Tooele Large-Scale Renewable Energy Solar Project Industry Day 30 July 2015 *The information contained in this briefing is for informational purposes only. All proposals must conform to the terms and conditions of the solicitation.

2. 2 Tooele Large-Scale Renewable Energy Solar Project Industry Day Welcome and Overview of Day’s Agenda Mr. Erich Kurre, Project Director

3. 3 Tooele Large-Scale Renewable Energy Solar Project Industry Day We will not permit any oral questions during today’s project presentations or the site tour No photography, audio/video recording Turn cell phones on vibrate Nor will the Army staff entertain or accept any Tooele project questions during breaks or lunch Notecards are in folders –Write your question –Provide name, contact information on reverse side –Place card in appropriate box Rules of engagement

4. 4 Tooele Large-Scale Renewable Energy Solar Project Industry Day Restrooms Lunch area Bus loading/unloading area Facility Orientation

5. 5 Tooele Large-Scale Renewable Energy Solar Project Industry Day Agenda 0830 – 0845: Welcome and Overview of Day’s Agenda (Mr. Erich Kurre, OEI Project Director) 0845 – 0900: Tooele Army Depot Welcome (Mr. Keith Siniscalchi, Deputy to the Commander) 0900 – 0930: Introduction to the Office of Energy Initiatives (Ms. Amanda Simpson, OEI Executive Director) 0930 – 1000: Utah Governor’s Office – Energy 1000 – 1010:Army Material Command- Mr. Andrew Stewart 1010 – 1045: Break 1030 – 1045: VIPs depart

6. 6 Tooele Large-Scale Renewable Energy Solar Project Industry Day Agenda 1045 – 1115: EUL Overview (Mr. Erich Kurre, OEI Project Director) 1115 – 1130: Evaluation Overview (Mr. Todd Crawford, OEI Contractor Support 1130 – 1200: Project Overview (Mr. Erich Kurre, OEI Project Director) 1200 – 1300: Lunch – No Host Eagles Nest 1300 – 1330: Rocky Mountain Power Interconnection- Mr. Mickey Beaver 1330 – 1545: Site Tour (Ray Torres) 1545 – 1600: Break 1600 - 1700: Q&A Session & Wrap - Up

7. 7 Tooele Large-Scale Renewable Energy Solar Project Industry Day Mr. Keith Siniscalchi Ms. Amanda Simpson Mr. Andrew Stewart Mr. Rob Simmons- Utah Governor’s Office, Energy Hon Brent Marshall- Mayor, Grantsville Mr. Mickey Beaver, Rocky Mountain Power Interconnection Recognition of Special Presenters

8. 8 Tooele Large-Scale Renewable Energy Solar Project Industry Day Tooele Army Depot Welcome Mr. Keith Siniscalchi, Deputy to the Commander

9. 9 Tooele Large-Scale Renewable Energy Solar Project Industry Day Tooele Army Depot Vision To be Department of Defense’s (DoD) western region conventional ammunition hub and DoD ammunition peculiar equipment center. Mission DoD’s western region conventional ammunition hub supporting Warfighter readiness through superior receipt, storage, issue, demilitarization, and renovation of conventional ammunition and the design, manufacture, fielding and maintenance of ammunition peculiar equipment (APE).

10. 10 Tooele Large-Scale Renewable Energy Solar Project Industry Day Tooele Army Depot Government-Owned/Government-Operated (GOGO) Core Competencies – Store, Distribute, and Demilitarize Conventional Munitions; Produce Ammunition Peculiar Equipment (APE); Army’s Center Of Industrial and Technical Excellence Additional Data  R3 technology (Hydrolysis, Super Pull Apart Machine, 1236 Incineration Furnace)  Conventional/missile maintenance  Strategic outload support  Manufacturing  Test site for function testing and energetics  Army leader in renewable energy (solar array & wind turbine)  Other service and agency support  Supply chain support Commercial Work/Other Service, Agency Support  Unmanned Aerial Vehicle Log Center (SHADOW)  Safety Management Service (SMS, Inc.)  Appalachian Railcar Service  Peterson Industrial Depot (PID)  Defense Logistics Agency (DLA)  Armament, Research, Development & Engineering Center (ARDEC)  Missile Defense Agency (MDA)  Navy Rolling Airframe Missile (RAM)  Air Force Bomb Release Units (BRU) Store DistributeProduce Demil

11. 11 Tooele Large-Scale Renewable Energy Solar Project Industry Day Ms. Amanda Simpson, OEI Executive Director

12. 12 Tooele Large-Scale Renewable Energy Solar Project Industry Day FY14 Installation Management Resources = $18.3B Army End-Strength Active 508,210 USAR 195,438 ARNG 354,072 Civilians 248,947 Retired 926,827 FY14 Army Demographics 59% total married (9% dual military married) 5.9% single parents 795,962 family members Family Housing Owned 16,009 Leased 6,433 Privatized86,531 Land Acreage (Summary Data) United States 13,526,790 Europe 133,906 Asia 27,548 Other Overseas 1,361 Buildings (Square Feet) United States 694,152,584 Europe 88,714,637 Asia 43,594,309 Other 3,489,504 Leases 33,342,129 Privatized 102,097,863 WWII Wood 12,389,337 Environmental Clean-up Remaining (Installation Restoration Program & Military Munitions Response Program) Active Sites1,353 BRAC Sites 245 Formerly Used Defense Sites1,885 Roads (Paved and Unpaved) 59,500 Lane Miles Railroads 2,161 (Miles) 28,822 (Linear Feet of Bridges) Plant Replacement Value $298.8B Paved Area (Excludes Roads) 255,486,603 Square Yards Barracks (Spaces) Permanent Party198,005 Training114,031 ORTC174,612 Army Installations IMCOM68 Army Reserve 3 AMC27 DLA5 National Guard48 ARCENT3 TOTAL 154 Utilities (Systems) (Electric, Gas, Water, Wastewater) Army-Owned 208 Privatized 146 Lodging (Guest Rooms) Privatized10,437 Rec Lodging513 Armed Forces Rec Ctrs2,052 FY14 Army Universe Aviation Multi-use airfields 57 Heliports 28

13. 13 Tooele Large-Scale Renewable Energy Solar Project Industry Day Fort Drum, New York Fort Huachuca, Arizona The Office of Energy Initiatives (OEI) was established by the Secretary of the Army with the mission to: Serve as the central management office for the development, implementation and oversight of all privately financed, large- scale renewable and alternative energy projects Be the proponent for projects equal to or greater than 10 MW and work closely with installations to support 1-10 MW opportunities Use existing DOD land-use and third-party financing authorities to develop solar, wind, biomass and geothermal projects Office of Energy Initiatives

14. 14 Tooele Large-Scale Renewable Energy Solar Project Industry Day Key Authorities for Project Development Contracts for energy or fuel for military installations (10 USC 2922a) –Authorizes contracts for up to 30 years for the provision of energy production facilities and the purchase of energy from such facilities –Requires Office of the Secretary of Defense approval Far Part 41 Acquisition of Utility Services –Authorizes the Department of Defense (DOD) to acquire utility services for military facilities for terms up to10 years –Executable by delegated authorities Leases: non-excess property of military departments (10 USC 2667) –Authorizes lease of available non-excess property to promote the national defense or public interest –Lease term can be longer than five years within – the useful life of the energy production facility –Provides for payment in cash or in-kind at fair market value The OEI leverages existing key Congressional authorities to meet renewable energy goals: Procurement Partners

15. 15 Tooele Large-Scale Renewable Energy Solar Project Industry Day Iterative Renewable Energy Project Development Portfolio Development Phase 1 Project Assessment Phase 2 Project Validation Phase 3 Contracts and Agreements Phase 4 Construction Phase 5 Operations and Support Operating Portfolio Mission/Security Economics Real Estate Regulatory Off-Take Integration Environmental Procurement 8 Assessment Criteria The Army Guide outlines approach and processed for project development –The development and due diligence process can be used across each of the early phases of the lifecycle –Projects should be analyzed using the 8 Assessment Criteria and evaluated for viability –Projects with sufficient viability to justify increased investment should be moved forward; those that are not viable should be suspended www.oei.army.mil

16. 16 Tooele Large-Scale Renewable Energy Solar Project Industry Day Energy Security & Sustainability Renewable Goals Economic Benefits Assured Access –Diversify & Expand Resource Supply –Maximize Flexibility In System Design –Reduce Vulnerability and Risk Build Resiliency –Maintain Continuity of Operations –Foster Adaptability NDAA – 25% renewable energy by 2025 EPAct – 7.5% renewable electricity by 2013 and beyond EO13693 – 30% renewable electricity and 25% clean energy by 2025 1 GW Commitment Securing Army Installations with energy that is clean, reliable, and affordable Three Driving Principles Priced at or below grid energy Predictable energy bills Cost avoidance In-kind / lease revenue

17. 17 Tooele Large-Scale Renewable Energy Solar Project Industry Day Army Pathway to One Gigawatt Contributing ~35% Towards Army’s 1 GW Goal

18. 18 Tooele Large-Scale Renewable Energy Solar Project Industry Day Office of Energy Initiatives UNCLASSIFIED 18

19. 19 Tooele Large-Scale Renewable Energy Solar Project Industry Day Utah Governor’s Office – Energy – Business Development

20. 20 Tooele Large-Scale Renewable Energy Solar Project Industry Day Utah Governor’s Office of Energy Development State Incentives for Large-scale Alternative Energy Generation Rob Simmons, Esq. rsimmons@utah.gov

21. 21 Tooele Large-Scale Renewable Energy Solar Project Industry Day 1)Governor Herbert’s Four Cornerstone’s of Economic Prosperity a.Education b.Energy c.Jobs d.Self-Determination 2)Governor Herbert’s 10-Year Strategic Energy Plan a.Objective #1: Advocate responsible energy resource development b.Objective #2: Aggressively pursue technology innovations in energy efficiency and development c.Recommendations addressing: access to public lands; leveraging research institutions, tax incentives, expanded resource development; alternative transportation; energy conservation; etc. Energy is one of Utah’s Four Cornerstones

22. 22 Tooele Large-Scale Renewable Energy Solar Project Industry Day 1)It is the policy of the state that Utah have adequate, reliable, affordable, sustainable, and clean energy resources 2)Utah will promote the development of: a.nonrenewable energy resources, including natural gas, coal, oil, oil shale, and tar sands; b.renewable energy resources, including geothermal, solar, wind, biomass, biodiesel, hydroelectric, and ethanol; and c.Utah will promote responsible nuclear power generation; 3)Utah will promote the development of resources and infrastructure sufficient to meet the state's growing demand [and reduce] dependence on international energy sources 4)Utah will allow market forces to drive prudent use of energy resources, although incentives and other methods may be used to ensure the state's optimal development and use of energy resources in the short- and long- term 5)Utah will pursue energy conservation, energy efficiency, and environmental quality UC 63M-4-301: State Energy Policy

23. 23 Tooele Large-Scale Renewable Energy Solar Project Industry Day 1)10-Year Strategic Energy Plan a.Recommendation #4: “…incentives should be used strategically in coordination with Utah’s energy plan.” b.Recommendation #6: “Provide tax credits, tax deductions and/or rebates… for investments make in energy efficient equipment, processes, retrofits, etc.” 2)State Energy Policy a.“Utah will allow market forces to drive prudent use of energy resources, although incentives and other methods may be used to ensure the state's optimal development and use of energy resources…” State Policy on Incentives

24. 24 Tooele Large-Scale Renewable Energy Solar Project Industry Day Renewable Energy in Utah Utah currently has approximately 700 MWs of nameplate renewable energy capacity Wind: 327 MWs, 2 wind farms Hydro: 276 MWs, 63 power plants Geothermal: 77 MWs, 3 power plants Solar: 10-20MWs, distributed generation Biomass: ~15MWs, mostly landfill or agricultural biogas

25. 25 Tooele Large-Scale Renewable Energy Solar Project Industry Day Utah’s Renewable Energy Potential Geothermal 437 MW Solar 14,700 MW Wind 8,900 MW o Approximately 800 Megawatts of new solar currently under development

26. 26 Tooele Large-Scale Renewable Energy Solar Project Industry Day 1)Tax Credits a.A fixed post-performance credit of 75% of all newly generated state revenues for 20 years. 2)2012 Expansion a.Formerly the Renewable Energy Development Incentive, or “REDI” b.With 2012’s S.B. 65, Senator Adams and Representative Noel advanced significant updates to the incentive c.Not only did they fix the credit at 75%, but they broadened the eligible resources to include oil shale, oil sands, and nuclear. Alternative Energy Development Incentive (AEDI)

27. 27 Tooele Large-Scale Renewable Energy Solar Project Industry Day 1)UC 59-12-102 (10) ““Alternative Energy” means: biomass energy; geothermal energy; hydroelectric energy; solar energy; wind energy; or energy that is derived from: coal-to-liquids; nuclear fuel; oil-impregnated diatomaceous earth; oil shale; oil sands; or petroleum coke.” Alternative Energy Development Incentive (AEDI) Statutory Definition of Alternative Resources

28. 28 Tooele Large-Scale Renewable Energy Solar Project Industry Day Qualification for Tax Credits 1)Projects must: a.Have a generating capacity of 2MWs or greater b.Generate new state revenues c.Have a Certificate of Good Standing from the Division of Corporations and Commercial Code 2)Entities must have: a.Evidence of site control b.One or more permits from a local, state, or federal regulatory agency c.Financing sufficient to initiate development activities d.An advanced position in the interconnection queue Alternative Energy Development Incentive (AEDI)

29. 29 Tooele Large-Scale Renewable Energy Solar Project Industry Day 1)Renewable Energy Systems Tax Credit 0.35 cents per kWh generated for the first four years of project 2)Alternative Energy Sales Tax Exemption All equipment for utility scale alternative energy generation facilities, or existing facilities expanding by 1MW or more 3)Utah Energy Infrastructure Authority Tax-free bonding authority to help finance “energy delivery projects that “facilitate responsible energy development” in Utah 4)SB 216: High Cost Infrastructure Tax Credits Post-performance tax incentive will provide non-refundable tax credits for state revenues generated from new infrastructure investment. Other Tax Incentives for Large- Scale Alternative Energy Generation

30. 30 Tooele Large-Scale Renewable Energy Solar Project Industry Day Rob Simmons Energy Policy & Law Manager rsimmons@utah.gov energy.utah.gov

31. 31 Tooele Large-Scale Renewable Energy Solar Project Industry Day Army Material Command- Mr. Andrew Stewart

32. 32 Tooele Large-Scale Renewable Energy Solar Project Industry Day Family Housing Units Owned: 235 Leased: Zero Privatized: Zero Airfield Fixed Wing: 3 Rotary Wing: 10 Barracks Adequate Spaces Permanent Party: Zero Training: 900 Units ORTC: Zero AMC End-Strength 60,997 Civilians 3,232 Active Duty Installations in this Command 22* Installations in FY14 121 Leases Land Acreage Managed 459,253 Acres US Plant Replacement Value $29.28 B Utilities (Elec, Gas, Water, Sewer, Steam) 5,175 Miles 784 Miles ISR Rated Red (Q3) 649 Miles ISR Rated Black (Q4) Roads (paved and unpaved) Total: 39.0 M SY Paved: 26.1 M SY Unpaved: 12.8 M SY Buildings Permanent: 19,883 Facilities; 94.8 M SF Semi-Permanent: 2058 Facilities; 8.7 M SF Temporary: 23 Facilities (water storage) Relocatables: 49 Railroads 1,505 Miles Full-Time Energy Managers (22* Full-Time Required) 11 Full-Time Civilians 10 Part-Time Civilians 0 Military 1 Vacancy Energy & Water Overview 73% Energy Efficiency 73% Water Efficiency 9.2% Comprehensive Assessments Completed FY14 Command Universe * Excludes Crane AAA which is tenant on NSA Crane

33. 33 Tooele Large-Scale Renewable Energy Solar Project Industry Day AMC Installation Energy Focus 30 Reduce Consumption & Reduce Cost at all 23 AMC Installations:  FY14 Total AMC Energy Consumption: 12.94 trillion Btu  FY14 Total AMC Energy Cost: $127M Tackling this primarily through:  Third-party energy savings contracts (ESPC, UESC) – Leveraging Other People’s Money  Increased generation and use of renewable power Large-scale projects with the Office of Energy Initiatives Small-scale projects where it makes fiscal sense (ECIP, AWCF, ESPC & UESC)

34. 34 Tooele Large-Scale Renewable Energy Solar Project Industry Day Third-Party Renewable Energy Projects On-Going Projects:  10.6 MW Solar PV at Anniston AD (PPA with Alabama Power Company)  6 MW Solar PV at Corpus Christi AD (ESPC with Siemens – under development)  Biomass boiler at Red River AD (ESPC with Johnson Controls – under construction)  2 MW Solar PV at Sierra AD (PPA with Plumas Sierra Rural Electric Cooperative) 17 Biomass Boiler at Red River AD Completed Projects:  Ground Source Heat Pumps (GSHP) at Blue Grass AD (UESC with Blue Grass Electric Cooperative)  GSHP at Anniston AD (UESC with Alabama Power)  Carport Solar PV at Tobyhanna AD (ESPC with Ameresco)

35. 35 Tooele Large-Scale Renewable Energy Solar Project Industry Day Previous AMC Renewable Energy Projects 30

36. 36 Tooele Large-Scale Renewable Energy Solar Project Industry Day Questions 30 Solar Lighting at Tobyhanna Solar Walls at Letterkenny Solar Hot Water at Sierra

37. 37 Tooele Large-Scale Renewable Energy Solar Project Industry Day Break

38. 38 Tooele Large-Scale Renewable Energy Solar Project Industry Day EUL Overview Mr. Erich Kurre, OEI Project Director

39. 39 Tooele Large-Scale Renewable Energy Solar Project Industry Day ENHANCED USE LEASING A GOOD DEAL FOR EVERYONE

40. 40 Tooele Large-Scale Renewable Energy Solar Project Industry Day Enhanced Use Leasing Objectives: –Objective #1 Familiarize participants with property leasing theory and applicable regulatory guidance –Objective #2 Familiarize participants with the EUL process

41. 41 Tooele Large-Scale Renewable Energy Solar Project Industry Day Authority Regulatory guidance Discussion Experience Incentives Approach Process Summary AGENDA

42. 42 Tooele Large-Scale Renewable Energy Solar Project Industry Day AUTHORITY - TITLE 10 USC 2667 2001 National Defense Authorization Act enhanced this out-leasing authority Military services may now out-lease available non- excess real property and receive cash back and/or “In-kind consideration” equal to no less than the Fair Market Value of the property For this project we are going to receive cash

43. 43 Tooele Large-Scale Renewable Energy Solar Project Industry Day Regulatory Guidance - Title 10 USC 2667 - AR 405-80 Management of Title and Granting Use of Real Property -AR 405-90 Disposal of Real Estate

44. 44 Tooele Large-Scale Renewable Energy Solar Project Industry Day Real Estate Documents 44 Deed Lease License Permit Easement Rights

45. 45 Tooele Large-Scale Renewable Energy Solar Project Industry Day Outgrant Program & Types of Outgrants Leases Written agreement which conveys possessory interest in property for a specified period of time (EUL’s, Bank/Credit Union, School, Grazing) Easements Grants right to use property for a specific purpose (Roads, electric, phone, water, sewer, gas) Licenses Grants permission to use property for a specified purpose without conveying an interest in the property (NG, Boy/Girl Scouts, Red Cross, YMCA, other private organizations) Permits Similar to license. Authorizes use of DA property by another Federal agency (AF, Navy, FBI, Homeland Security, etc.)

46. 46 Tooele Large-Scale Renewable Energy Solar Project Industry Day CONSIDERATIONS - PAST USE - PRESENT USE - FUTURE POSSIBILITIES

47. 47 Tooele Large-Scale Renewable Energy Solar Project Industry Day HIGHEST & BEST USE LEGALLY PERMISSIBLE PHYSICALLY POSSIBLE FINANCIALLY FEASIBLE MAXIMALLY PRODUCTIVE

48. 48 Tooele Large-Scale Renewable Energy Solar Project Industry Day EXPERIENCE TO DATE EXECUTED LEASES Fort Sam Houston Fort Leonard Wood Picatinny Army Arsenal Aberdeen Proving Ground Fort Detrick Yuma Proving Ground Redstone Arsenal

49. 49 Tooele Large-Scale Renewable Energy Solar Project Industry Day EXPERIENCE TO DATE TYPES OF EULs Administrative office space Automotive test tracks Research and development Industrial/manufacturing Warehouse/distribution Adaptive reuse of historical facilities Energy

50. 50 Tooele Large-Scale Renewable Energy Solar Project Industry Day DISCUSSION Non-excess real property Market feasibility & research indicates demand Cash rent Everybody wins

51. 51 Tooele Large-Scale Renewable Energy Solar Project Industry Day PRIVATE SECTOR INCENTIVES 1 OF 2 Money A secure environment Potential tax credits Stature in the community Patriotic pride

52. 52 Tooele Large-Scale Renewable Energy Solar Project Industry Day Long-Term Relationship: Ground lease for assets could be for up to 31 years Sound Business Relationship with Federal Government / Army Approach is to minimize time and effort of bringing a development entity on board to perform work Energy EUL is still in its crawl development stage and more projects are anticipated across the country PRIVATE SECTOR INCENTIVES 2 OF 2

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54. 54 Tooele Large-Scale Renewable Energy Solar Project Industry Day Identify Available Assets Perform Economic/Market Studies Develop Solicitation Installation identifies potential non-excess real estate assets for enhanced use lease Market research and preliminary studies determine potential viability of EUL project Scope of EUL project is finalized and solicitation is drafted ARMY EUL PROCESS WHAT YOU DIDN’T SEE

55. 55 Tooele Large-Scale Renewable Energy Solar Project Industry Day Evaluate Proposals Finalize & Close With Developer Bids are evaluated against solicitation criteria and Successful Offeror is selected Successful Offeror and Army co-develop plan to address construction, financial, and management details of project Ground lease drafted by Army and is signed by Successful Offeror ARMY EUL PROCESS WHAT YOU DID SEE Invitation Industry Forum

56. 56 Tooele Large-Scale Renewable Energy Solar Project Industry Day SUMMARY EUL is good for the Army and private sector Optimizes the utility and value of the Army non-excess available property Army to receive cash Not every lease using 2667 authority is an EUL Everybody wins

57. 57 Tooele Large-Scale Renewable Energy Solar Project Industry Day ENHANCED USE LEASE DEVELOPER

58. 58 Tooele Large-Scale Renewable Energy Solar Project Industry Day Evaluation Overview Mr. Todd Crawford, OEI Contractor Support

59. 59 Tooele Large-Scale Renewable Energy Solar Project Industry Day Agenda and Overview Evaluation Criteria –Mandatory Minimum Requirements –Rated Factors Factor 1: Off-Take Plan Factor 2: Financial Capability Factor 3: Consideration –Pass / Fail Factor 4: Technical and Management Approach Factor 5: Corporate Experience Milestones Points of Contact

60. 60 Tooele Large-Scale Renewable Energy Solar Project Industry Day Mandatory Minimum Requirements Offeror must meet all three requirements to be considered responsive: 1.Developed, designed, constructed, operated and maintained at least three (3) projects of 1 MW AC in size or greater, of which at least one is equal to, or greater than, the Project Minimum of 10 MW AC. 2.Solar or replacement Renewable Energy Credits must be conveyed to DA equal to the Project size. 3.Total nameplate capacity of the Offeror’s Project shall be no less than 10 MW AC.

61. 61 Tooele Large-Scale Renewable Energy Solar Project Industry Day Rating Codes and Definitions CODERATINGDEFINITION E+Exceptional Plus The Offeror has addressed all of the elements in this factor in a manner that demonstrates superior added value above a satisfactory response. EExceptional The Offeror has addressed many of the elements of this factor in a manner that demonstrates superior added value above a satisfactory response and has addressed substantially all of the remaining elements in this factor in a manner that demonstrates high added value above a satisfactory response. E -Exceptional Minus The Offeror has addressed some of the elements of this factor in a manner that demonstrates superior added value above a satisfactory response, has addressed many of the elements in this factor in a manner that demonstrates high added value above a satisfactory response and has addressed substantially all of the remaining elements in this factor in a manner that demonstrates a satisfactory response. A+Acceptable Plus The Offeror has addressed many of the elements of this factor in a manner that demonstrates added value above a satisfactory response and has addressed all of the remaining elements in this factor in a manner that demonstrates a satisfactory response. AAcceptable The Offeror has addressed all of the elements in this factor in a satisfactory manner. A-Acceptable Minus The Offeror has addressed many of the elements of this factor in a satisfactory manner and has addressed substantially all of the remaining elements in this factor in a marginal manner. UUnacceptable The Offeror has failed to address substantially all of the elements of this factor in a satisfactory manner or has simply failed to address substantially all of the elements in this factor.

62. 62 Tooele Large-Scale Renewable Energy Solar Project Industry Day Rated Factors FACTOR 1: Off-Take Plan Evaluation Criteria: Demonstration of sufficient off-taker demand based on the existing and expected load forecasts of the off-taker. Evidence of the off-taker’s commitment to purchase power from the Project over the term of the EUL as reflected in an executed PPA, LOI, MOU, or EOI. Creditworthiness of the off-taker(s) as demonstrated by an existing independent third party credit rating or by total assets and annual revenues. Risks to obtaining a PPA with the off-taker as evidenced by the maturity of the off-taker’s interest in the Project documented in a LOI, MOU, or EOI, and the conditions precedent to the effective date of the off-taker’s PPA. Feasibility of meeting the milestones contained in the Offeror’s Milestone Timetable.

63. 63 Tooele Large-Scale Renewable Energy Solar Project Industry Day Rated Factors FACTOR 2: Financial Capability Evaluation Criteria: Ability to fund project development activities and structure, arrange and manage the financing required for the successful execution and implementation of the Project. Demonstration of sufficient financial capability, bonding capacity, and institutional relationships necessary to finance and develop a project of the size, scope and complexity contemplated in this RFP. Demonstration of sources and a viable plan for funding the debt and equity capital requirements of the Financial Plan to provide sufficient security for the funding of the debt and equity capital.

64. 64 Tooele Large-Scale Renewable Energy Solar Project Industry Day Rated Factors FACTOR 3: Consideration Evaluation Criteria: The quarterly payment schedule submitted by the Offeror will be evaluated to determine whether it ensures DA will receive no less than the fair market rental value of the lease interest. As required under 10 U.S.C. § 2667.

65. 65 Tooele Large-Scale Renewable Energy Solar Project Industry Day Pass / Fail FACTOR 4: Technical and Management Approach Evaluation Criteria: Failure to provide any of the requested information in Section 3.4 may result in a “fail” rating. The Technical and Management Approach of the Offeror will be evaluated in accordance with the following: 1.An acceptable system design that is greater than, or equal to, the Project Minimum. 2.All items requested in the Section 3.4

66. 66 Tooele Large-Scale Renewable Energy Solar Project Industry Day Pass / Fail FACTOR 5: Corporate Experience Evaluation Criteria: The Offeror demonstrates experience developing solar projects in the range identified in this RFP. The Offeror demonstrates that their three (3) projects provided were completed on time and on budget. The Offeror demonstrates experience in operating and maintaining solar project(s) that closely resemble the Project proposed in this RFP.

67. 67 Tooele Large-Scale Renewable Energy Solar Project Industry Day Guiding Principles  Proposal shall be prepared clearly and concisely to demonstrate the Offeror has a complete understanding of requirements. Proposal Format Proposal Content Page Limitations Submission Requirements

68. 68 Tooele Large-Scale Renewable Energy Solar Project Industry Day Points of Contact All Government communication regarding this RFP shall be from the US Army Corps of Engineers Yvonne Bush Realty Specialist, Real Estate Division U.S. Army Corps of Engineers, Sacramento District 1325 J Street Sacramento, CA 95814 yvonne.d.bush@usace.army.mil

69. 69 Tooele Large-Scale Renewable Energy Solar Project Industry Day Project Overview Mr. Erich Kurre, OEI Project Director

70. 70 Tooele Large-Scale Renewable Energy Solar Project Industry Day This is a Request for Proposals (RFP) Project is an Army Lease using Title X, U.S.C. 2667 This type of lease is known as an Enhanced Use Lease (EUL) Law requires a lease payment of no less than the fair market rental value for the land Lease payments will be made monthly, in advance and in cash not in-kind consideration Value will be determined by an official Army appraisal Project Characteristics 1 of 3

71. 71 Tooele Large-Scale Renewable Energy Solar Project Industry Day Army is funding NEPA An Environmental Condition of Property is complete Army is not an off-taker, we will buy no power from this project Army will not permit any connection with Army infrastructure Lease size: up to 274 acres Lease term: up to 31 years Project Characteristics 2 of 3

72. 72 Tooele Large-Scale Renewable Energy Solar Project Industry Day Project size: minimum 10MW AC solar project Project size: maximum is “Dealer’s Choice” within the 274 available acres Project Characteristics 3 of 3

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75. 75 Tooele Large-Scale Renewable Energy Solar Project Industry Day Environmental Condition of Property Report Complete February 2015 RFP Attachment Assessed entire 274 acres Category 1: no release or disposal of hazardous substances or petroleum products No environmental concerns identified No environmental remediation sites MEC: low likelihood of occurrence, but the potential exists MEC – Munitions and Explosives of Concern Environmental Documentation

76. 76 Tooele Large-Scale Renewable Energy Solar Project Industry Day Wildlife Desktop Risk Assessment May 29, 2015 (Draft) RFP Attachment Assessed entire 274 acres Minimal impact on vegetation resources No federally listed T&E species Sensitive bird and bat species may migrate through Four Tier 2 UDWR species: high likelihood of occurrence T&E – Threatened & Endangered UDWR – Utah Division of Wildlife Resources Environmental Documentation

77. 77 Tooele Large-Scale Renewable Energy Solar Project Industry Day Wildlife Desktop Risk Assessment (continued) Potential coordination & permitting requirements: NEPA (in progress) NPDES permit FWS & UDWR coordination Recommended field studies (coordinate with FWS & UDWR) Avian point count surveys Eagle use surveys Bat acoustic surveys NEPA – National Environmental Policy Act NPDES – National Pollutant Discharge Elimination System FWS – US Fish & Wildlife Service Environmental Documentation

78. 78 Tooele Large-Scale Renewable Energy Solar Project Industry Day Raptor Nest Survey Report Complete June 3, 2015 RFP Attachment Assessed project area +10 mile buffer eagles / 1 mile buffer raptors Golden eagle Adults, nestlings, & eggs observed 3 occupied, active nests 1 occupied, inactive nest 4 unoccupied nests Bald eagle – no birds or nests observed Other raptors – 1 hawk and 1 potential unoccupied nest Environmental Documentation

79. 79 Tooele Large-Scale Renewable Energy Solar Project Industry Day Archaeological Resources Survey Currently being contracted Will assess entire 274 acres Will provide an inventory of archaeological resources per NHPA Will determine resource eligibility for the NRHP NHPA – National Historic Preservation Act NRHP – National Register of Historic Places

80. 80 Tooele Large-Scale Renewable Energy Solar Project Industry Day Environmental Assessment for Solar PV EUL Currently being drafted by Tooele Army Depot & AEC Will assess the 274 acre solar project area PV – Photovoltaic EUL – Enhanced Use Lease AEC – Army Environmental Command

81. 81 Tooele Large-Scale Renewable Energy Solar Project Industry Day Lunch – No Host Eagles Nest

82. 82 Tooele Large-Scale Renewable Energy Solar Project Industry Day Rocky Mountain Power Interconnection

83. 83 Tooele Large-Scale Renewable Energy Solar Project Industry Day Site Tour- Ray Torres

84. 84 Tooele Large-Scale Renewable Energy Solar Project Industry Day Q&A Session & Wrap - Up