1. groSolar.com | 800.374.4494 1 800.374.4494 www.grosolar.com info@grosolar.com 205 Billings Farm Road White River Junction, VT 05001 9175 Guilford Road Columbia, MD 21046 Lee’s Lane Project Meeting June 05, 2014 Kentucky Landfill Solar Energy Projects

2. groSolar.com | 800.374.4494 2 Agenda Company Overview – groSolar Lee’s Lane Overview Economic Benefits Kentucky Market Overview Next Steps

3. groSolar.com | 800.374.4494 3 groSolar Background 15 years building award-winning Solar PV projects Main Offices in White River Junction, VT and Columbia, MD Commissioned MW-scale projects nationwide Core focus is turn-key Project Development through EPC (engineering, procurement, and construction) and O&M (operations & maintenance) Expertise implementing solar projects on environmentally sensitive sites such as landfills and brownfields Feasibility & Design Entitlements & Financing Turn-Key EPC System Commissioning Long-Term O&M End Customer

4. groSolar.com | 800.374.4494 4 PV America 2013 Project of Distinction Nominee Environmentally Sensitive Sites New Jersey landfill – 1.5MW New Jersey wastewater facility – 1.8MW Indiana brownfields – 5.4 MWPennsylvania agricultural land – 6MW PV America 2013 Project of Distinction Winner

5. groSolar.com | 800.374.4494 5 California single-axis tracker – 1.2MW Vermont organic farm – 2.5MW Massachusetts reclaimed land – 3.9MW North Carolina corporate HQ – 1.2MW Broad Experience Across the U.S.

6. groSolar.com | 800.374.4494 6 Clean Harbors Landfill 1.5 MW – New Jersey Design Elements Include: Ballasted modules sit on top of the capped landfill Beneficial use of land with otherwise limited or no development potential Project Benefits: Defray the costs of landfill site monitoring and cleanup with a revenue generating solar system Remain compliant with existing gas management energy generation plans

7. groSolar.com | 800.374.4494 7 Lake County Solar 5.4 MW – Indiana Design Elements Include: Two project sites, each 2.7MW on industrial land and adjacent to 24hr operating facilities Worked around site constraints of wetlands, railroads, waterways, and facilities Environmentally sensitive sites, and therefore used concrete ballasts to eliminate embedding posts

8. groSolar.com | 800.374.4494 8 Camden Solar Center 1.8 MW – New Jersey Design Elements Include: Constructed at Camden County Municipal Utility Authority’s wastewater treatment plant without interrupting operations Modified solar canopies installed above operating tanks Awards: Honorable Mention, PV Project of Distinction, Solar Industry Associations SEIA & SEPA

9. groSolar.com | 800.374.4494 9 Recent Project Awards Photovoltaic Project of Distinction Award - Keystone Solar – Solar Energy Industries Association & Solar Electric Power Association Diamond Award Certificate, Water & Storm Water - Longwood Gardens – American Council of Engineering Companies’ PA Chapter Honorable Mention, Outstanding Project – Longwood Gardens – Philadelphia Chapter, PA Society of Professional Engineers Honorable Mention, PV Project of Distinction - Camden Solar Center – Solar Energy Industries Association & Solar Electric Power Association

10. groSolar.com | 800.374.4494 10 Lee’s Lane Landfill Site Details 112 acre site operated as a landfill until 1975 On-going remediation since the early 1980’s EPA has highlighted potential for solar project

11. groSolar.com | 800.374.4494 11 Landfill/Brownfield Design Considerations Clean Harbors Landfill- 1.5 MWdc Design must maintain landfill integrity with no penetrations of cap Design must allow for continued landfill cap maintenance Maintain integrity of gas collection, groundwater and other remediation systems Design must accommodate future settling Design Considerations

12. groSolar.com | 800.374.4494 12 Project Benefits 1.Repurpose landfill into a productive clean energy generating property Long term land lease provides stable revenue stream Revenues could be utilized to help offset remediation costs 2.No up-front costs & no project risk to City and Site Owners groSolar takes construction and O&M risk Project owner can utilize federal income tax incentives (which non-taxable entities cannot monetize) 3.Louisville would host the largest Solar PV Project in KY and one of the largest landfill projects in the country Local jobs and economic development Supports environmental and sustainability goals Significant public relations opportunity Provides educational and career development opportunities in a rapidly growing industry

13. groSolar.com | 800.374.4494 13 Kentucky Market Overview Kentucky ranks 36 th in the country for installed solar energy capacity No Renewable Portfolio Standard Third party projects are not currently permitted in Kentucky Net metering limited to 30kW

14. groSolar.com | 800.374.4494 14 Next Steps 1. Schedule meeting with Louisville Gas and Electric to discuss project and power purchase opportunity 2. Following meeting with LG&E, groSolar will conduct further site analysis 3. groSolar to provide additional information requested by the Commission, including option to lease

15. groSolar.com | 800.374.4494 15 800.374.4494 www.grosolar.com info@grosolar.com 205 Billings Farm Road White River Junction, VT 05001 9175 Guilford Road Columbia, MD 21046 groSolar Contacts Steve RemenRyan Marlborough Executive Vice President Business Development Commercial Sales Analyst Business Development (802) 359-6514(802) 359-6527 steve.remen@groSolar.comryan.marlborough@grosolar.com