Onshore Wind

Tehachapi Region

contents01/ introduction

02/ overview

03/ experience04/ key differentiators05/ worldwide offices

06/ supporting information

→ 2

Natural Power is an independent renewable energy

consultancy and services provider with over twenty years

of in-house project experience. We provide expertise

at every stage of the project lifecycle: from feasibility,

development, pre-construction, construction, operations

to re-powering and decommissioning, and through all

elements of due diligence.

Natural Power’s 360° lifecycle experience spans more

than 800 projects, with a team of over 340 experts. Our

approach to consultancy services allows us to focus on

reducing interface risk and working smarter from day one

of your power project, through:

→ The application of pioneering new technologies, methodologies and best practices to tackle the most complex and challenging issues

→ The provision of project management experience delivering both practical and innovative consulting services

→ Building wide and lasting relationships with our clients, who then benefi t from our full lifecycle experience at every stage of development

→ Providing trusted, impartial due diligence services to fi nancial investors

introduction01/

analysisservices

permittingsupport

340+renewableenergypeople

11offi ces

worldwide

21years industryexperience

155 operational assets

managed

projectsconstructed

112+

due diligenceportfolio

environmental services

80 GW+

7 GW

25 GW+

47 GW

our mission and vision:to create a better environment by providing market leading advice and services to our clients

Stephen Trotter, Managing Director

3 ←

Re-Powering

Construction

Feasibility

Development

Pre-Construction

Operations

overview02/

Natural Power provides expertise in every stage of the project lifecycle; from site prospecting,

constraints mapping and resource assessment, through design and construction to operations

and asset management.

Our 360º approach to projects enable us to provide genuine added value at every stage of

the project. We value the relationships we have with our clients, looking beyond the project

scope to ensure that risks are mitigated in the longer term.

→ 4

Re-Powering

Construction

Feasibility

Development

Pre-Construction

Operations

overview02/

03.1/ Feasibility

Natural Power has a proven reputation and track record of working with clients to undertake site

finding, screening and feasibility studies for onshore wind. Our in-house experts on wind resource,

grid, environmental issues, human use considerations, ground conditions and planning legislation,

work seamlessly to identify sites with the lowest associated risk in terms of consent and build

conditions.

We also have a highly trained global team of experienced wind analysts and environmental

project engineering personnel who offer a comprehensive range of technical services to wind farm

developers and investors alike. This allows us to provide our clients with optimized project designs,

finance-grade energy yield analysis (EYA) and site classification studies.

Our full technical services applicable in feasibility studies include:

→ Measurement campaign design

→ Layout design

→ Wind resource assessment and mapping

→ Turbine sizing and selection

→ Energy yield assessment

→ Site screening

→ Environmental constraint mapping

→ Grid infrastructure feasibility

→ Construction surveys

experience03/

we take a considered approach from the outset, therefore we can advise our clients on the best way to achieve their project goals while fl agging any potential risks

Jim Adams, President, North America

5 ←

development & consenting

03.2/ Project design, planning & permitting

Natural Power supports its clients through the project design process by bringing together cutting

edge project knowledge and experience with a realistic approach to risk mitigation.

We take the opportunity to work with our clients to define and address every aspect of a potential

project throughout the development phase; identifying risks and opportunities at the earliest

possible stage.

Our aim, like our clients', is to efficiently manage costs and risks to help deliver your permitted

project ready for financing and construction, including, but not limited to:

→ Design development with clients’ engineers

→ Wind resource mapping / yield and assessment

→ Design of met mast / lidar anemometry campaign

→ Wind data management, analysis and reporting

→ Optimized turbine selection and layout

→ Turbine advisory, RFP management and options appraisal

→ Operations and maintenance strategy development

→ Wildlife studies and advisement

→ 6

03.3/ Owners' engineering

Natural Power provides a wide range of services during the pre-construction and construction

phase of wind energy development. We support our clients in the onsite construction management

and monitoring, health & safety co-ordination, turbine commissioning and permitting compliance.

Our focused experience includes commissioning, health and safety, planning and environmental

areas. Dedicated in-house teams include:

→ Design, geotechnical and geophysical engineers

→ Turbine commissioning engineers

→ HSEQ co-ordinators

Our in-house teams have managed the development and build out of a number of wind farm

projects, including the development, including:

→ Health & safety management

→ Habitat management

→ Protected species

→ Geotechnical site investigation including drilling

→ Traffic and transport planning

→ Contaminated land surveys analysis and mitigation

→ Onsite construction project management

Additionally we have a very experienced team of environmental, planning and construction

professionals who have supported clients in meeting ongoing planning conditions throughout pre-

construction, construction and operations, this includes:

→ Environmental liaison

→ Stakeholder liaison

→ Negotiation with determining authorities

we draw upon the expertise of our world class team of analysts, ecologists, construction managers, geologists and engineers to ensure the highest chance of achieving consent for our clients’ projects

Christine Sutter, Head of Environment

7 ←

ControlCentre

we aim to get maximum revenue for our clients by optimizing performance and reliability during the operational stage

Holly Hughes, Senior Vice President, North America Operations

→ 8

03.5/ Operations

Natural Power is one of the world’s leading independent providers of operational phase services

for major utilities and independent power producers.

We provide award-winning excellence in health & safety management combined with unique

software tools and procedures to ensure maximum efficiency in wind farm operations for our

clients. Our aim is to manage, co-ordinate and efficiently control your operating assets safely and

efficiently while maximizing production.

Offering a full range of services designed to meet the needs of onshore projects, we ensure a

consistency of approach without compromising on health and safety, including:

Local site management

→ Energy based work management philosophy

→ Environment, health & safety oversight

→ BoP activity management

→ High voltage responsibilities

→ Oversight of O&M activities

→ Inspections

→ Environmental monitoring, including post construction fatality studies, bird and bat conservation plans

Remote monitoring

→ Project KPI monitoring

→ Monthly performance reporting

→ Portfolio and project level metrics

→ Interactive production data tool

Advanced performance engineering

→ Production optimization

→ Holistic performance diagnostics

→ Portfolio and site-level benchmarking

→ Power curve analysis

Operational reporting and analysis

→ Maintenance management system and SCADA data reporting

→ Customizable monthly reporting

9 ←

03.6/ Due diligence

Natural Power provides technical due diligence services throughout all stages of the transaction

cycle, from initial risk assessment and reporting in early transaction stages through to

comprehensive reporting for credit-committee at final bid stage or financial close. Our due

diligence clients include major international banks, developers, independent power producers,

utilities, investment funds and other financial institutions.

Our client offering includes:

→ Full technical due diligence scope of work

→ Advice based on real-life experience

→ Long established credibility and trust

→ Flexibility and broad resources

→ Clear and concise reporting

→ Clearly managed project risk

→ Depth of skills and resources

Natural Power routinely performs detailed technical due diligence on behalf of clients in a number

of different transaction scenarios:

→ Project finance debt transactions, where Natural Power fulfills the duties of lender’s or owner’s independent engineers/technical advisors, from pre-finance technical due to project commissioning and handover

→ Mergers and acquisitions (M&A) transactions, often containing a mixture of operating, pipeline and pre-construction assets, where Natural Power performs technical due diligence duties on behalf of the acquirer or on behalf of the vendor

we take a considered approach from the outset, therefore we can advise our clients on the best way to achieve their project goals whilst fl agging any potential risks

Ken Taylor, Project Manager

→ 10

technical due diligence

11 ←

WTG

OEM

Wind

farm

man

agem

ent

Con

trol

Cen

tre

Perfor

man

ce a

nalysis

Turb

ine

insp

ectio

ns

Portfo

lio d

ue d

ilige

nce

Tota

l by

OEM

Enercon 84 205 112 171 77 649

Gamesa 14 37 374 76 11 512

GE 19 83 1,746 49 23 1,920

Nordex 176 359 148 172 40 895

Senvion 151 366 286 271 39 1,113

Siemens 224 247 379 442 21 1,313

Vestas 162 359 1,824 270 141 2,756

Total WTGs 830 1,656 4,869 1,451 352 9,158

03.7/ Turbine technology and inspections

At Natural Power we provide our clients with an integrated approach to data analysis

combined with hands-on inspection and advanced performance engineering expertise covering

a wide range of turbine technologies.

This experience includes: onsite management, remote site management through our 24/7

ControlCentre, turbine inspections, performance analysis of operational data and full portfolio

due diligence.

The Natural Power team has developed a world class knowledge of all major technologies and

as such we are ideally positioned to support our clients in the analysis, selection, performance

and optimization of assets at every lifecycle stage.

→ 12

turbine inspections

our team’s experience of working with all turbine technologies combined with world class analysis, can help maximize the efficiency, performance and reliability of our clients' turbines

Craig Gordon, Global Head of Inspections

13 ←

key differentiators04/

Keysenior staff Credentials Pr

ojec

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anag

emen

t

Turb

ine

tech

nolo

gy

Wind

reso

urce

Ener

gy a

sses

smen

t

Civil

engi

neer

ing

Insp

ectio

ns

Pre-

cons

truc

tion

proj

ect pl

anning

Ope

ratio

ns,

perfor

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ce& relia

bility

Elec

trical

eng

inee

ring

and

cont

ract

s re

view

Enviro

nmen

tal a

nd

perm

itting

Jim Adams MBA, BS X X X X

Holly Hughes MSME, PE X X X X X X X

Gary Winslow BScE X X X X X X

Andrew Clark BSc, MA X X X X

Taurin Spalding BSME, PMP X X X X X

Julius Carter BS, MBA X X X X

Christine Sutter BS, MS X X X

Michael Capraro BScE X X X X X

Mackenzie Tocco BSc X X X

04.1/ Our experience

04.2/ North American key resources

The Natural Power team in North America has nearly 200 combined years of wind industry

experience. Relevant experience areas for our senior staff are highlighted below.

Providing innovative and practical expertise since 1995

2,440 MW under active 24-7-365 operational management

Providers of over 3GW of operational services to US wind

Leading expertise in bird and bat ecology, policy and permitting

Half of operational portfolio consists of GE,Vestas and Siemens

One of few independent operators with directdrive experience 4 countries (UK, US, France and Ireland)

Over 340 staff Over 47.3 GW of due diligence experience

→ 14

04.3/ Selected North American projects

Client Year Project Services

Private Equity 2016 Confidential, Idaho & North Carolina - 120 MW Solar

Owner's engineer; substation electrical design review, project electrical design review, SCADA design review, ecological monitoring.

Developer/Sponsor 2016 Tacke Wind Farm Repowering Development support for 2.4 MW repowering project in California (Tehachapi)

Developer/Sponsor 2016 Confidential, Indiana - 100 MW Finance-grade energy yield assessment

Developer/Sponsor 2016 Fleet availability review Operational availability review of >4.5 GW project portfolio

Developer/Sponsor 2016 Confidential, Texas - 150 MW Finance-grade energy yield assessment

Potential Buyer 2016 Confidential, Wind Portfolio

Oklahoma and Idaho - 500 MW Operational energy , OPEX, contractual and permitting

Potential Buyer 2016 Solar Technical due diligence advisory services

Developer/Sponsor 2016 Confidential, Kansas - 250 MW Layout, development support, finance-grade energy yield analyses

Developer/Sponsor 2016 Confidential, Ohio & Pennsylvania

- 275 MW (multiple projects) Finance-grade energy yield assessment

OEM 2016 Confidential Site assessment/site suitability support

Developer/Sponsor 2016 Confidential, Massachusetts - 10

MW Wind and Solar Feasibility Assessment

Developer/Sponsor 2016 South Fork Wind Farm, Minnesota

- 13 MW Finance-grade energy yield assessment and technical due diligence services

Developer/Sponsor 2016 Black Oak Wind Farm, New York

- 16 MW Finance-grade energy yield assessment and site suitability

Developer/Sponsor 2016

Confidential, Pennsylvania & Oklahoma - 270 MW (multiple projects)

Turbine layout and project development support; preliminary energy yield

Developer/Sponsor 2016 Confidential, New Brunswick - 25

MW Finance-grade energy yield assessment

Sponsor/Owner 2016 Confidential, New Hampshire Construction Monitoring

Sponsor/Owner 2016 Confidential, Norway - 150 MW Finance-grade energy yield assessment

Tax Equity 2016 North Dakota & Kansas - 3045 MW (5 project portfolio) Technical due diligence advisory services

Tax Equity 2016 North Dakota, Missouri - 600 MW (2 project portfolio) Technical due diligence advisory services

Tax Equity 2016 Texas - 150 MW Technical due diligence advisory services

Tax Equity 2016 Texas - 450 MW (2 project portfolio)

Technical due diligence advisory services (review of project agreements, BOP design, turbine technology, environmental review, wind and energy yield analysis.)

Tax Equity 2016 New York, Texas - 330 MW (2 project portfolio)

Technical due diligence advisory services (review of project agreements, BOP design, turbine technology, environmental review, wind and energy yield analysis.)

Tax Equity 2016 Wyoming - 80 MW Technical due diligence advisory services (review of project agreements, BOP design, turbine technology, environmental review, wind and energy yield analysis.)

15 ←

04.4/ References

A partial list of North American clients, contacts can be provided upon request.

Tehachapi Region

→ 16

Natural Power delivers services and operates assets globally for our clients, with eleven offi ces

across Europe and North America and agencies active in South America and Asia Pacifi c.

worldwide offi ces

USASaratoga SpringsSeattle

SCOTLANDCastle Douglas (Global HQ)StirlingInverness

ENGLANDNewcastleLondon

IRELANDDublin

WALESAberystwyth

FRANCE

NantesParis

TURKEYAnkara [Agency]CHILE

Valparaiso [Agency]

05/

17 ←

Health & SafetyNatural Power operates a safe system of work procedure, this procedure outlines the requirements

and guidelines required for safety in the workplace and mitigation of risk.

Health & safety is the number one priority for Natural Power both from an operational and

management point of view. The safety of our staff , contractors, and the public must come before

any technical or commercial considerations.

In accordance with statutory requirements, for all routine and non-routine activities undertaken by

employees and others working on behalf of Natural Power, a risk assessment must be undertaken

and suffi cient controls introduced to manage the risk. Method statements are activity specifi c

and are prepared where their absence would adversely aff ect the ability to exercise the controls

identifi ed by risk assessment.

The ControlCentre is an industry leading innovation providing 24/7 monitoring and communication

services through trained operatives in our control room, ensuring our fi eld staff have around the

clock access to log on and off of the remote / lone working system. This combined with our hand-

held SPOT devices ensures staff members working in the fi eld have a safe environment to operate

in.

QualityNatural Power has established rigorous procedures and work instructions for all aspects of our

business. All staff currently work to a list of core procedures for quality control and business

management as part of our on-going commitment to our quality management system (QMS).

A totally integrated project management system is used throughout all departments, that includes

fi le tracking and back-up along with resource management, document checking and authorization,

providing a full audit trail for all documents and project activities.

All data and reports are subject to a minimum two stage quality assurance process in line with

ISO 9001:2008 procedures where documents are produced by a technical specialist then checked

by another specialist before being checked and approved by a senior manager, ensuring a

consistently high quality output to clients at all times.

Our asset management, construction and ecology management group, technical services and

development consultancy services have all achieved the ISO 9001:2008 certifi cation and Achilles

Verify Category B2. Full details of our QMS are available on request.

supporting information

EnvironmentNatural Power has internal goals with regards to environmental practice relating to energy

use, carbon footprint reduction and recycling. We have had an environmental management

system (EMS) in place since 2001 and have progressed our EMS to an integrated quality and

environmental management system and now hold ISO 14001:2004 certifi cation.

All policies and arrangements are reviewed on an annual basis by our quality and environmental

manager and the management team.

The processes required for the quality and environmental management system, their sequence

and interaction have been identifi ed along with the criteria and methods required to ensure their

eff ective operation and control. All subcontractors would be expected to work to the Natural

Power environmental policy statement; evidence of this is required on appointment. Before each

project commences an environmental risk assessment is carried out covering all aspects required

for the scope of work.

Disaster recoveryNatural Power recognizes the need for our clients’ projects to have robust systems and processes

in place to ensure that data, documents and key staff continuity are retained in the event of a

major incident.

Natural Power’s electronic document management system ensures that project documents are

stored in a secure and ordered location on a central server which is backed up regularly to off -

site storage.

All emails are archived in a cloud based system which allows recovery of deleted mail and also

provides email continuity in the event of a failure of Natural Power’s servers or internet connection.

Hard copies of key documents are stored in a fi reproof safe.

Multiple offi ce locations assist in provision of continuity in the event of a major incident, such as

fi re, aff ecting any particular location.

06/

→ 18

EnvironmentNatural Power has internal goals with regards to environmental practice relating to energy

use, carbon footprint reduction and recycling. We have had an environmental management

system (EMS) in place since 2001 and have progressed our EMS to an integrated quality and

environmental management system and now hold ISO 14001:2004 certifi cation.

All policies and arrangements are reviewed on an annual basis by our quality and environmental

manager and the management team.

The processes required for the quality and environmental management system, their sequence

and interaction have been identifi ed along with the criteria and methods required to ensure their

eff ective operation and control. All subcontractors would be expected to work to the Natural

Power environmental policy statement; evidence of this is required on appointment. Before each

project commences an environmental risk assessment is carried out covering all aspects required

for the scope of work.

Disaster recoveryNatural Power recognizes the need for our clients’ projects to have robust systems and processes

in place to ensure that data, documents and key staff continuity are retained in the event of a

major incident.

Natural Power’s electronic document management system ensures that project documents are

stored in a secure and ordered location on a central server which is backed up regularly to off -

site storage.

All emails are archived in a cloud based system which allows recovery of deleted mail and also

provides email continuity in the event of a failure of Natural Power’s servers or internet connection.

Hard copies of key documents are stored in a fi reproof safe.

Multiple offi ce locations assist in provision of continuity in the event of a major incident, such as

fi re, aff ecting any particular location.

19 ←

what we do

→ Leading independent renewable energy consultancy

→ Analysis, engineering, planning & permitting, environmental, project management and due diligence services

→ Onshore wind, off shore renewables, solar, hydro, renewable heat and grid & infrastructure

→ Established in 1995, 11 offi ces globally, 340+ staff

No part of this document or translations of it may be reproduced or transmitted in any form or by

any means, electronic or mechanical including photocopying, recording or any other information

storage and retrieval system, without prior permission in writing from Natural Power. All facts and fi gures correct

at time of print. All rights reserved.© Copyright 2017.

For full details on our ISO and other certifications, please visit: naturalpower.com/company

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