Financing Renewable Energy ProjectsOVERVIEW OF PROJECT DEVELOPMENT ISSUES

5 June 2014

Tony ColonneseDirector of Engineering Services

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Ameresco Renewable Energy Experience

DOE Savannah River Site – Biomass Arizona State University – PV Landfill Gas to Energy Fort Detrick – PV

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Homework Prior toIssuing an RFP

Economic Viability of a Project Current Utility Rates State Incentives – Renewable Portfolio Standard (RPS) Condition of Existing Infrastructure

Internal Support for a Project Surplus Land Suitable for Development NEPA Environmental Assessment

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Sample of Major Development Steps

Utility Interconnection Study and Agreement Load Integration Study (Behind the Meter) State Environmental Permitting

Storm Water Management & Erosion Control Emissions Controls Wetlands, Floodplain Endangered Species Cultural Resources, Historic Preservation Other Unique to State – e.g. Afforestation

NEPA Environmental Assessment Site-Specific Conditions

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Other ImportantDevelopment Steps

Local Planning Cyber Security Site Lease Issues

Title Encumbrances Access

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Development Timeline

Utility Interconnect Study – 3 to 6 months

Environmental Permitting – 4 to 12 months

NEPA Environmental Assessment – 6 to 12 months

Title Search / Land Survey – 2 to 4 months

Final Contract Negotiations – Ongoing Other DoD Approvals – 2 to 6 months. After All

Else Done but Preparatory Work Important