Barrett LaChance Regional Sales Manager

blachance@sunedison.com

Energy Partnership with SunEdison Town of Douglas

Agenda

• SunEdison Overview

• Implementation and O&M Approach

• Past Customers and Case Studies

• SunEdison Proposal

• Q&A

The Global Renewable Energy Leader

SunEdison is the world’s largest renewable developer

Manufacturer

Developer & Installer

Service Provider

Owner

We are technology leaders, having shipped over 1 GW of our SunEdison Silvantis modules. Our size allows us to pass volume benefits from suppliers directly to you.

SunEdison is the largest Distributed Generation solar power installer in the US and the largest renewable energy developer in the world, developing both solar and wind projects.

Our Renewable Operations Center is the core of our O&M capabilities, monitoring our fleet of projects around the world – 24 hours a day, 7 days per week.

With a Power Purchase Agreement, we take a long-term stake in project reliability. Our “Yieldco” partner, TerraForm Power, will own financed projects for the contract term.

Global Leader in Renewable Energy Services Largest Renewable Energy Company in the World

• Wind and solar energy • $7.8B market cap (NYSE: SUNE) • Over 1,300 solar power plants • 3.5 GW of 100% renewable electricity • 2,700 Employees

Leader in Solar Innovation • TerraForm Power - Yield Co (NASDAQ:

TERP) with $5B market cap • $12 Billion in Capital Deployed • No Financing Risk - In House Financing

We develop, build, finance, and operate renewable energy plants to provide our customers electricity at predictable prices below grid rates.

Local Solutions in Massachusetts

• Leading Solar Developer and Financier in Massachusetts o Developed and financed over

50 MW of projects, additional 30 MW of projects under management

o Over 30 MW of projects in construction

o Leader in Virtual Net Metering and Behind-Meter solutions

• Strong local Massachusetts presence and local relationships

• Over 80 employees based in Boston area

• Contracts with local labor for engineering and construction, adding Massachusetts jobs

SunEdison Trusted by Leading Companies

Project Team and Execution Approach • Best in-class processes: Work closely with Douglas to ensure seamless integration • Proven track record with over 1,300 large projects around the world • Highest standards for design and construction • Comprehensive management throughout the process

Design and Engineering

• Utility locates, site survey, roofing assessment, geotech, structural capacity review

• Design system to maximize savings while minimizing impact to facility and community

• Design System for 30+ year life

Project Planning

• Coordinate system structure with project team

• Submit for local permits

• Submit for interconnection

• Finalize Financing

• Procure materials

• Finalize schedule

Construction

• Local subcontractors

• Engineering • Permitting • Interconnection • On-site

management oversight

• Safety Compliance

• QA/QC • Schedule

Management

Operations

• Commission Project

• Punch list Clearance

• Acceptance Inspection

• Roofing inspection

• COD • On-Going

maintenance and monitoring

• SEEDS • ROC Oversight

Key SunEdison team members: Sales Development

Development Technical Development

Operations Project Finance

Asset Management

Project Approach/Timeline

•Market standard contact terms •Town and SunEdison execution •Key long-lead time development items kicked off (e.g. IC application)

Contracts 1-2 Mos.

•All permitting completed by SunEdison and best-in class contractors

•Strong experience navigating PCUP process •Interconnection application process run in parallel

Permitting 6-7 Mos.

•Experienced in-house design team •Third-party verification and stamps •Construction engineering completed in-house with best-in class products, design standards

Design & Eng. 1-2 Mos.

•Experienced Project Managers •Close coordination with Town

Construction 3-4 Mos.

•3rd Party commissioning •SEEDs monitoring solutions and SunEdison Connect portal •Local operations and maintenance resources

Operations Life of Project

SunEdison’s unparalleled financing expertise is one of our key competitive strengths. Our access to capital, strong financial relationships, and proven track record allow us to enjoy one of the highest contract execution rates in the industry.

To date, SunEdison has secured over $7.5 billion in project finance facilities, with additional facilities and partnerships under negotiation. In 2013 alone, we raised over $1.5 billion in funds for project financings.

SunEdison recently launched its YieldCo vehicle, TerraForm Power Inc. (NASDAQ:TERP), and has established relationships with over 15 financial partners.

SunEdison will either work with TerraForm, or use this broad pool of firms to select the best partner for the project with Ericsson to ensure there are no financing related delays.

Financing Capacity

Robust Operating Experience

Virtual Monitoring and Local Service • 24/7 Renewable Operations Center (ROC) located

next door to Oracle in Belmont, CA • Real-time control of inverters, strings, and system

performance • Online monitoring detects system anomalies • Local technicians dispatched for diagnostics and

repair Semi-Annual Cleanings

• Maintains solar production levels • Specially designed cleaning solution and process

Semi-Annual Mechanical and Electrical tune-ups

• Mechanical and Electrical Maintenance • Inverters maintenance as required by warranty

Our 1,300 projects operate at 103% of expected production

SunEdison Connect Monitoring

Solar production monitoring

Simple dashboard

Performance metrics showing environmental impact

Energy cost savings tracked and clearly presented

Landfill/Brownfield Experience • SunEdison success Developing, Financing, and

Operating PV systems for landfill, brownfield, and Superfund sites.

• Very experienced in working in-house and with consultants to negotiate the Post Closure Use Permit process

• Our operational Landfill systems include projects in Massachusetts, Maryland, New Jersey, and Colorado and projects in our 2015 construction queue for New York.

• Partnering with New York City to develop a 10 MW at Freshkills Park, a landfill closed in 2001. This is slated for construction in 2015 and will be the City’s largest solar project to date.

• We total over 7.5 MW of operational Landfill projects, and over 20 MW in development.

Town of Greenfield Landfill, MA In 2010, SunEdison was the first developer in Massachusetts to receive a Post-Closure Use permit for solar energy on a closed landfill. The 2.0 MW project, utilizing ballasted racking, was completed in 2012.

Sullivan’s Ledge Landfill, MA SunEdison worked extensively with the EPA and Massachusetts DEP to obtain necessary permits and approval for our 1.8 MW facility that provides clean energy to the City of New Bedford.

Douglas Landfill – Proposed System System components: • SE BYC 340W modules

• Chint 28kW string inverter

• Sunlink Ballasted Ground-

Mount Racking

• PowerLogic Ion8600 metering

Value to Town: • SunEdison to pay Lease

and Taxes to

• Lease ~$25,000/MWdc

• Taxes ~12,500/MWdc

• Results in annual revenues of ~$75,000

Proposed design of 2,041kWdc

Educational Benefits: Engaging Students and Faculty Our engagement plan for schools includes an integrated approach for teachers, facility managers, students, and the community. We are willing to partner with the Town of Douglas School Dept. to provide a workshop to discuss an integrated STEM curriculum for solar and wind energy. Some of these resources include: • Energy Kids from the U.S. Department of Energy, Energy Information

Administration (EIA) • National Energy Education Development (NEED) Project • PowerSave Schools from the Alliance to Save Energy • KidWind Project • Green Teacher Network – SunEdison Energy Ambassadors Program Will also provide customized Solar Kiosk provide interactive charts and data to facilitate learning experiences for students.