Aspen Power, LLC

Danny Vines, President

October 7, 2010

Aspen Power, LLC

• Located in Lufkin,TX• 50 MW direct-fired

biomass facility• Utilizing Stoker

Technology• Implementing SCR

Technology• Will Consume

525,000 tons of biomass/annuallyAerial View of Aspen Site

Environmental Sustainability

• A direct fired 50, megawatt biomass plant reduces carbon emissions 250,000 tons annually

• EPA’s target for CO2 emissions = 1,000 units/m3

• Utilizing today’s technology Aspen Power, LLC’s

emissions = 15.8 units/m3

• 63.3 X Cleaner than the EPA Standard

• Woody biomass is a Carbon-Neutral operation

• Manufacturing green-renewable energy creates jobs not exposed

to overseas cheap labor - electricity cannot be imported• All plant components are manufactured in the U.S. Majority in

Texas

BiomassResource Availability

• Logging Debris

• Urban/Municipal Wood Waste

• Mill Waste

• In-Woods Chipping

Logging Debris

An estimated 8 Billion lbs of Logging Debris in the East Texas Region

Logging Debris Cont’d

Utilizing logging debris for Bio-energy reduces the need for expensive site preparation

Provides additional income to the forest landowner

Clearing logging debris speeds reforestation growth

Urban Wood Waste

• 660 lbs/person/year in U.S.

• 22 Million Texans produce 14.5 Billion lbs/year

• Majority of urban biomass is not utilized

• Large volumes are sent to landfills at great expense

Utilizing Urban Biomass

Using urban biomass for Bio-energy production conserves valuable landfill space

Saves disposal expense and provides income to cities/counties

Utilized Technology/Equipment

• John Deere 1490D

Wood Energy Harvester

• Diamond Z- Grinders

• Transportation of Biomass

John Deere 1490DWood Energy Harvester

Diamond-Z Grinders

Fuel-Handling Site (Aspen)

Projected 10 YearEconomic Impact (Aspen)

• Direct permanent jobs created = 160

• Total indirect jobs created = 245

• Direct & Indirect salaries paid = $151.6 Million

• City’s sales Taxable sales gain = $67.8 Million

• Plant’s assets on local tax rolls = $95.5 Million

• Net benefits for local taxing districts = $12.4 Million

Future ProjectGreenville Energy, LLC

• 63 MW Generation Capacity• New renewable energy biomass-fired plant

utilizing some assets currently used in a fossil fuel facility

• Construction Cost: $80 Million• Primary Financing: Industrial Revenue Bonds• Consume 700,000 tons of biomass on an annual

basis• Will Utilize Stoker Furnace/Boiler Technology

Greenville Energy Site

Greenville Energy Site

Development of BiomassFacilities in Rural Texas

• Create employment opportunities

• Generate tax revenues

• Stimulate local economies in rural communities

• Diversify the State of Texas’ energy supply

• Facilitate the State of Texas in steering away

from the dependence of fossil fuels and foreign oil

BIOMASS,GENERATING BENEFITS FOR COMMUNITIES ACROSS TEXAS

Danny Vines, President

Aspen Power, LLC

(O) 936 875 5510

(F) 936 875 5510