September 17, 2018 Rhode Island Infrastructure Summit Overview By - PowerPoint PPT Presentation

September 17, 2018 Rhode Island Infrastructure Summit

Overview – By The Numbers Southern Sky is the region’s leader in developing solar energy and renewable power. The solar projects … include a • Largest solar developer in Rhode Island with 21.5-megawatt array in the most panels installed ( over 100,000) . western Cranston that, when • 45 MWs solar systems installed in Rhode completed later this year by Island and Massachusetts, of which 38 MWS Warwick-based Southern Sky are landfills and brownfields Renewable Energy, will be • 60 MWs solar systems installed and or under the largest solar construction in Rhode Island development in Rhode Island. • Pipeline of over 296 MWs of solar systems in - Providence Journal, the northeast May 10, 2018 3 2

Overview – Company Background • Privately held Rhode Island LLC which employs Rhode Island licensed contractors • Finance and tax credit experts with over 30 years of experience • Experts in virtual net metering credit transaction structuring for over 10 years • Premier solar systems developer in the Northeast solar market 3 3

Local Experience – With Power Off-Takers • City of Providence • City of Warwick • Town of North Providence • Town of Johnston • Town of Lincoln • Johnston Housing Authority Experience in Massachusetts: • 30MWs financed, developed and installed 4 4

Local Experience – With Approvals / Permitting • City of Warwick (2) Over $75 million in projected energy cost savings for our • City of Cranston (2) partners • Town of Johnston (3) • Town of North Providence Reduced emissions equal to • Town of Lincoln 7,700 cars off the road • Town of Glocester Offset the emissions from • Town of Richmond (2) 39 million lbs of coal • Town of Hopkinton (3) 4 5

Solar Systems Installed in Massachusetts – Landfill Sites 6 former landfills converted to renewable energy 130 acres -- 31.5 Million kWhs annually 5,000 cars off the road -- offset the emissions from 25 million lbs of coal Ravenbrook Landfill Canton Landfill Hudson/Stow Landfill 6.0 MW 5.8 MW 5.8 MW Carver, MA Canton, MA Hudson, MA Power Off-Taker: Power Off-Taker: Power Off-Taker: 9 Cape Cod Hospital Town of Canton Hudson/Stow Lighting Plant 6

Solar Systems Installed in Rhode Island – Landfill & Brownfield Sites Rhode Island sites have: 80 acres -- 16.6 Million kWhs annually 2,700 cars off the road -- offset the emissions from 14 million lbs of coal Kilvert Street ‘A’ Street Landfill North Prov. Landfill Brownfield 3.90 MW 2.60 MW 6.25 MW Johnson, RI North Providence, RI Warwick, RI Power Off-Taker: Power Off-Taker: Town of Johnston Town of North Power Off-Taker: 6 Providence City of Warwick 7

Contact Us Lindsay P. McGovern, CPA, MBA Vice President 401.562.0217 Lindsay@SouthernSkyRE.com www.SouthernSkyRE.com Rhode Island Office 117 Metro Center Blvd., Unit 1007 Warwick, RI, 02886 14 8