oEPA GREEN POWER PARTNERSHIP" Aligning Green Power Partners with New Renewable Energy Projects Pilot Project Summary Please return the completed summary via email to Blaine Collison, Green Power Partnership Director, collison.blaine@epa.gov / 202-343-9139 Project Name: Howell Solar Farm 1 Developer Name: Garden State Solar Power Renewable Energy Type: Solar Total Planned Megawatt (MW) Size: 17MW Phase I: Phase II: Project Location: Howell, NJ Is the project permitted?: Yes If not, what is the permit status?: N/A What is the status of the project's site?: awaiting financial close to commence construction Have land leases been filed with the county?: private owner, and land leases signed What is the status of interconnection, and have system impact and facility studies been completed? (Distribution or transmission level projects are both eligible): yes, completed, interconnection with FirstEnergy Does the transmission owner (TO) or independent system operator (ISO) have a process to study the project's impact on the local or regional grid and the subsequent cost to interconnect?: ISO study complete and upgrade costs calculated [< What is the status of the Environmental Impact Statement?: ------- Completed, achieved all environmental tests Is any element of the project - technology or other - experimental or pilot-phase?: not at this time What is the long- and short-term operations program of the project? Does the renewable energy technology manufacturer have a technical support team locally available?: standard solar operating program with a technical support team For wind projects, has a meteorological tower been installed? If yes, when was the tower installed and how much data has been collected?: Who has analyzed the data and what is that person's experience with respect to projects that have actually been financed?: Can the turbine manufacturer be financed through "traditional" tax equity and debt in the U.S.?: non-traditional structure, willing to discuss under a NDA Provide a short summary of how you view project finance and structure/ownership: Risk shared between developer and investors, with power and REC purchase agreements with investment grade partner What are your ideal types of prospective institutions/partners?: Power and REC output is being marketed to credit worthy corporate, municipal, other large public off-takers What is the intended off-take for the renewable power with respect to bundled or unbundled products and is there a preference? Either bundled or un-bundled REC sale can be considered ------- |