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SEPA

GREEN

POWER

PARTNERSHIP

RE-Powering America's Land

Project Matching: Facilitating New Renewable Energy Projects
Project Proposal Submittal Form

The EPA Green Power Partnership's (GPP's) Project Matching Initiative works to connect stakeholders
with new, not-yet-built renewable energy projects that may align with their energy, environmental, and
financial objectives. The initiative's goal is to spur the development of new renewable generation by
facilitating the signing of long-term green power contracts between end-users and project developers,
thereby providing a guaranteed stream of revenue that developers can use to secure project financing.

The GPP, in collaboration with EPA's RE-Powering America's Land Initiative, will host a project matching
webinar on Wednesday, June 24, 2015. Project developers are invited to submit project proposals to
GPP for possible inclusion in the webinar. This form includes all anticipated criteria that EPA will use to
select projects for the webinar. All projects submitted for review that meet minimum requirements for
data completeness and basic eligibility will be posted on the GPP website. A renewable energy project's
inclusion in this initiative does not constitute endorsement or recommendation by EPA.

Project proposals are due by June 5, 2015 and must be submitted electronically to James Critchfield,
critchfield.james@epa.gov.

Contact Information

Katya Samoteskul

ksamoteskul(a)invenergvllc.com

312-582-1295

Project Summary

Project name: Pleasant Ridge Wind Energy Center
Developer name: Invenergy Wind Development LLC
Renewable energy type: Wind
Project city/state: Livingston County, IL

Project geographic coordinates (To find, use: www.latlong.net/):

Latitude 40.868860	 Longitude -88.556531	

Total planned megawatt (MW DC) size: 234 MW

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Are there phases? If so, how many and in what size traunches?

A second 250 MW phase is contemplated.

What is the expected annual output of the completed project (MWh)? About 900,000 MWh.

Expected date of construction commencement: Q3/Q.4 of 2015

Expected date of commercial operation: December 31, 2016

What is the largest development hurdle and how is it anticipated to be overcome?

The Project is in advanced development and is in the final stages of securing a Special Use Permit with
Livingston County.

Can you provide examples of similar projects you have developed?

Invenergy ranked #2 in terms of new U.S. wind capacity installed in 2014 and is North America's largest
independent wind power generation company. The Company has developed over 50 wind farms across
the United States, Canada and Europe, totaling over 5,822 MW globally. This portfolio consists of over
4,489 MW of operating projects, 1,111 MW of projects in construction, and 222 MW of projects under
contract.

Site Readiness

Has the project received all necessary federal, state, and local permits to proceed with construction
and operation? If not, please outline the key permits required to proceed with project
construction/operation and describe the steps you have taken in order to evaluate and address
permitting risk for this project.

Invenergy filed its application for a Special Use Permit with Livingston County on August 20, 2014.

Permit hearings are scheduled to continue through early June, with the County Board vote scheduled to
take place by the middle of June.

Have you secured long-term site control? If so, please describe the nature of the agreement (lease,
ownership, etc.)?

Yes, Invenergy has land control of approximately 35,000 acres of agricultural land in Livingston County,

IL.

Have land leases been filed with the county?

Yes.

Does the project require either an Environmental Impact Statement or Environmental Assessment? If
so, what is the status?

The Project does not require an EIS or an EA. Invenergy has consulted with the Illinois Department of
Natural Resources (IDNR) and has been working closely with the U.S. Fish and Wildlife Service (USFWS)
in preparing a Bird and Bat Conservation Strategy (BBCS) for the Project. The USFWS has provided

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Invenergy with a Technical Assistance Letter (TAL), which confirms that the service is aware of, and has
reviewed, our preconstruction studies and conservation measures planned for the Project.

Is this project sited on a current or formerly contaminated land, landfill or mine site?1 If so, has the
site addressed the related environmental issues?

Not applicable. The Project will be built on agricultural land.

Interconnection

What is the status of interconnection, and have system impact and facility studies been completed?
(Distribution or transmission level projects are both eligible)

All interconnection studies (including System Impact and Facilities Study) have been completed.
Invenergy signed an Interconnection Agreement with PJM and Commonwealth Edison with a backfeed
date that will support commercial operations mid-2016. The Project will interconnect to PJM via
Commonwealth Edison's Pontiac Mid-Point 345 kV substation.

When do you expect the interconnection study process will be complete?

The interconnection study process is complete.

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?

Yes. The Independent System Operator (PJM) has an interconnection study process. Pleasant Ridge has
completed all interconnection studies required by PJM.

Operation & Financing

Is any element of the project - technology or systems - experimental or pilot-phase or proven
technology?

Wind turbine technology employed at the Project will not be experimental. Invenergy will use proven
and highly reliable General Electric wind turbines at the Project.

What is the long- and short-term plan for operating and maintaining the project?

Invenergy operates all of its US projects and will maintain the Project through a dedicated O&M facility
that will be built near the Project site.

For wind projects, has a meteorological tower been installed? If yes, when was the tower installed
and how much data has been collected?

Met data has been collected from five met towers at the Project site. One of the met towers was
installed in 2008, another in 2009, and three towers were installed in 2011.

1 Examples of such properties could include brownfields, municipal solid waste landfills, abandoned mine lands,
and Superfund sites, among others subject to state or federal authorities or cleanup programs.

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Provide a short summary of how you view project finance and structure/ownership taking shape for
this project:

Invenergy proficiently structures project financing and maintains strong relationships with banks in the
United States, Canada, Europe and Asia. During the late stages of project development, Invenergy typically
approaches lenders a few months prior to construction to provide construction financing. The
construction loan combined with Sponsor equity will raise sufficient capital for the entire construction
cost of the Project.

Financing for a project is typically structured as non-recourse project financing. The security and collateral
package held by the project financing parties customarily consists of a pledge of the equity in the Project
company, a pledge of all Project assets, and collateral assignments of certain material Project agreements.

On or shortly after COD, the construction financing is replaced by more permanent financing, such as a
term loan or tax equity investment. The security and collateral package during the term loan period is
usually the same as that during the construction period.

Partners

In what ways can organizations participate in the project? (Check all that Apply)

[yf Power purchase agreement for bundled power and RECs
vf Financial hedge or contract for differences
Bf Long term REC offtake
0 Financial investment / ownership stake
[vf Other, please specify: PPA w/ replacement RECs

What are some of the characteristics of your ideal power purchaser, investor, or other partner?

Over the last 10 years, Invenergy has developed a worldwide portfolio of 70 projects totaling 9,000 MW
that are operating or under construction. Invenergy's customers have included utilities, municipalities,
and coops, such as American Electric Power, Commonwealth Edison, Detroit Edison, Los Angeles
Department of Water & Power, Ontario Power Authority, Omaha Public Power District, Pacific Gas &
Electric Company, PacifiCorp, Tennessee Valley Authority, Xcel Energy and others.

We also work with banks (Bank of America, JP Morgan Chase, Citi Group, Credit Suisse and others),
commercial and industrial customers and universities.

We are happy to assist large companies, universities and government agencies with meeting their
sustainability goals, while also providing them with opportunities to invest in well-planned, low risk
renewable energy projects across the US.

What marketing opportunities exist at the project?

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Invenergy will be happy to assist the future off-taker with crafting any future messaging campaigns to
ensure that the customer receives full credit from the public for supporting renewable energy
development in the US. We are also open to discussions regarding the naming rights for the Project.


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