Presentation Outline I. Project Overview II. Industry & the - PowerPoint PPT Presentation

Mid-Atlantic Data Center 5 Ashburn, Virginia Linds Lindsay A Linds Lindsay A. . Hagema Hagema Hagemann Hagemann Senior Senior Thesis Presentat Thesis Presentation ion 2009 2009 The Pennsylvani The Pennsylvania a State University State University B.A.E./M.A.E. Program Construction Management Presentation Outline I. Project Overview II. Industry & the Economy I. Existing Schedule & Cash Flow II. Project Execution Plan III. Conclusions & Recommendations III III. Alternative Concrete Construction Process Alternative Concrete Construction Process I. Constructability Analysis II. Schedule Analysis III. Cost Analysis IV IV. C Conclusions & Recommendations l i & R d ti IV. Energy Efficient Technologies I. Thin Film PV’s II. Water ‐ side Economizers V. Conclusions & Recommendations VI. Q & A Lindsay Hagemann | Construction Management Mid-Atlantic Data Center 5 Ashburn, Virginia April 13, 2009

Project Overview Project Overview I. Project Overview Project Team Function: Data Center II. Industry & the Economy Owner I. I Existing Schedule & Cash Flow Existing Schedule & Cash Flow Size: 360,000 SF Total Si 360 000 SF T t l II. Project Execution Plan 180,000 SF Raised Floor III. Conclusions & Recommendations III. Alternative Concrete Construction Process 23,000 SF Office Space Construction Manager Construction Manager I. Constructability Analysis Height: 2 Stories II. Schedule Analysis Redundancy: N+2 III. Cost Analysis IV. Conclusions & Recommendations Construction: Construction: 2 Phases 2 Phases IV. Energy Efficient Technologies Schedule: February 2008 – March 2009 I. Thin Film PV’s MEP Engineer Architect Structural Engineer II. Water ‐ side Economizers Delivery Method: CM @ Risk w/ Cost + Fee V V. Conclusions & Recommendations Conclusions & Recommendations VI. Q & A Lindsay Hagemann | Construction Management Mid-Atlantic Data Center 5 Ashburn, Virginia April 13, 2009 Project Overview Project Overview I. Project Overview Electrical System Mechanical System II. Industry & the Economy I I. Existing Schedule & Cash Flow Existing Schedule & Cash Flow *Total System II. Project Execution Plan *Equipment per phase III. Conclusions & Recommendations � 34.5 kV Total Utility Power � (3) 14,400 ‐ 23,000 cfm AHU’s in Chiller Plant III. Alternative Concrete Construction Process � 59.6 MW Total Electrical Load � 59 6 MW Total Electrical Load I. Constructability Analysis � (8) 1080 ton Chillers II. Schedule Analysis � (8) 3240 gpm Cooling Towers III. Cost Analysis *Equipment per phase IV. Conclusions & Recommendations � (8) 600 V Pad Mounted Transformers w/ Integral VFI � (8) 600 V Pad ‐ Mounted Transformers w/ Integral VFI � (240) 18 000 cfm CRAH’s Units � (240) 18,000 cfm CRAH s Units IV. Energy Efficient Technologies � (16) 2500 kW Engine ‐ Generators � (2) 50,000 gal Underground Diesel Storage Tanks I. Thin Film PV’s II. Water ‐ side Economizers � (16) UPS Systems V V. Conclusions & Recommendations Conclusions & Recommendations VI. Q & A Lindsay Hagemann | Construction Management Mid-Atlantic Data Center 5 Ashburn, Virginia April 13, 2009

Industry & the Economy Industry & the Economy I. Project Overview Background Goals II. Industry & the Economy � Owner views as one project, Project Seven, including 3 data centers I. I Existing Schedule & Cash Flow Existing Schedule & Cash Flow 1. 1 Evaluate: Evaluate: • Northwest Data Center (NWDC) in Santa Clara CA • Northwest Data Center (NWDC) in Santa Clara, CA II. Project Execution Plan • Northeast Data Center (NEDC) in Piscataway, NJ III. Conclusions & Recommendations • Mid ‐ Atlantic Data Center 5 (MADC5) in Ashburn, VA • Current economy and Project Seven status III. Alternative Concrete Construction Process • Project schedule & cost projections h d l & I. Constructability Analysis II. Schedule Analysis Problem 2. Develop a project execution plan to successfully complete Project III. Cost Analysis 1. Project Seven has been completely suspended. IV. Conclusions & Recommendations • NWDC • NWDC A August 2008 t 2008 Seven in a down economy. d IV. Energy Efficient Technologies • NEDC October 2008 I. Thin Film PV’s • MADC5 November 2008 II. Water ‐ side Economizers V. V Conclusions & Recommendations Conclusions & Recommendations 2. 2 DuPont Fabros maintains several completely leased data centers producing steady D P t F b i t i l l t l l d d t t d i t d revenue. VI. Q & A Lindsay Hagemann | Construction Management Mid-Atlantic Data Center 5 Ashburn, Virginia April 13, 2009 Industry & the Economy Industry & the Economy I. Project Overview Economy Construction Industry II. Industry & the Economy September 2007: Economy slowly declines to a temporary halt. Trouble securing loans and allocating funds • I. I Existing Schedule & Cash Flow Existing Schedule & Cash Flow II. Project Execution Plan January 2008: Begins another continual decrease. Operate on rolling ‐ over short ‐ term loans • III. Conclusions & Recommendations November 2008: Government finally declares a recession. Projects are suspended, shut down, postponed • III. Alternative Concrete Construction Process I. Constructability Analysis Market Segment 2008 2009 II. Schedule Analysis Commercial/Industrial Causes: Hotels 5.1% ‐ 3.1% III. Cost Analysis Office Buildings 1.7% ‐ 3.7% 1. “Credit Crunch” Industrial Facilities ‐ 3.8% 0.4% IV. Conclusions & Recommendations R t il Retail ‐ 5.7% 5 7% ‐ 3.6% 3 6% 2. Federal Reserve response to a IV. Energy Efficient Technologies Institutional Healthcare Facilities 5.6% 3.6% tightening of available capital I. Thin Film PV’s Education 5.5% ‐ 0.1% II. Water ‐ side Economizers Public Safety 3.5% 0.4% Amusement/Recreation 1.4% ‐ 2.6% V. V Conclusions & Recommendations Conclusions & Recommendations Religious ‐ 1.0% 4.0% VI. Q & A Source: (DiLouie, 2008) Lindsay Hagemann | Construction Management Mid-Atlantic Data Center 5 Ashburn, Virginia April 13, 2009

Existing Schedule/Cash Flow Existing Schedule/Cash Flow I. Project Overview Actual Plan Original Plan II. Industry & the Economy I I. Existing Schedule & Cash Flow Existing Schedule & Cash Flow Project Seven Duration: 20 months II. Project Execution Plan Project Start Suspended Finish Orig. Duration Suspension Total Duration III. Conclusions & Recommendations Start: February 2008 (months) (months) (months) III. Alternative Concrete Construction Process Finish: September 2009 MADC5 Feb 2008 Aug 2008 July 09 15 3 18 I. Constructability Analysis NEDC May 2008 Oct 2008 Mar 10 13 10 23 II. Schedule Analysis NWDC July 2008 Nov 2008 Apr 10 15 20 35 III. Cost Analysis TOTAL Feb 2008 ‐ Apr 10 ‐ ‐ 40 Project Start Finish Orig. Duration Overlap IV. Conclusions & Recommendations (months) (months) (months) (months) IV. Energy Efficient Technologies MADC5 Feb 2008 Apr 2009 15 ‐ I. Thin Film PV’s After temporary suspensions and restarts, the project duration is 40 months . NEDC May 2008 May 2009 13 11 II. Water ‐ side Economizers Start: February 2008 NWDC July 2008 Sept 2009 15 10 V. V Conclusions & Recommendations Conclusions & Recommendations Finish: April 2010 Finish: April 2010 Total Feb 2008 Sept 2009 20 ‐ VI. Q & A Lindsay Hagemann | Construction Management Mid-Atlantic Data Center 5 Ashburn, Virginia April 13, 2009 Existing Schedule/Cash Flow Existing Schedule/Cash Flow I. Project Overview Actual Plan Original Plan II. Industry & the Economy First Suspension (NWDC): ‐ $50.4 million I I. Existing Schedule & Cash Flow Existing Schedule & Cash Flow Second Suspension (NWDC): ‐ $87.9 million $25,000,000 II. Project Execution Plan Third Suspension (MADC5): ‐ $92.5 million $(25,000,000) December January February March April May June July August September October November December January February March April May June July August September October November December January February March April III. Conclusions & Recommendations $(75,000,000) III. Alternative Concrete Construction Process ‐ $92.5 million deemed the “suspension value” – stay above to complete Project Seven $(125,000,000) $(125 000 000) I. Constructability Analysis $250,000,000 II. Schedule Analysis $(175,000,000) $200,000,000 III. Cost Analysis $(225,000,000) $150,000,000 IV. Conclusions & Recommendations $(275,000,000) ( ) $100,000,000 IV. Energy Efficient Technologies $(325,000,000) Month $50,000,000 I. Thin Film PV’s 2007 ‐ 2010 II. Water ‐ side Economizers DFT Cash Flow Suspension Point $ ‐ V V. Conclusions & Recommendations Conclusions & Recommendations $(50 000 000) $(50,000,000) � Total Construction Cost = $520 million. VI. Q & A $(100,000,000) Month � May 2009 = ultimate low net income of ‐ $298.9 million. 2007 ‐ 2011 DFT Cash Flow Suspension Point Lindsay Hagemann | Construction Management Mid-Atlantic Data Center 5 Ashburn, Virginia April 13, 2009