July 2015

SunEdison

Global and Local Clean Energy

• Acquired First Wind in 2015, becoming the world’s largest renewable energy development company.

• Operates 4 wind energy project (150 MW), Hawai‘i’s largest renewable energy producer

P. 3 | SunEdison Confidential

$400M saving over 27

years on electricity.

$200M in fed tax credits

Flat price locks in rate vs.

volatile price of oil.

$500M investment & local

construction jobs

Big step toward Hawaii’s

100% clean energy target

New Solar Projects – Cleaner and Cheaper

Sheep graze under PV panels at Kaua‘i

solar project.

SunEdison is planning 4 solar project sites (182 MW):

* Derived with regional details from EPA’s e-GRID 2012 and EIA and based on average

operational projections for generation.

Saves 30 million gallons of oil from being burned/year*

Combining agriculture with solar by grazing sheep

P. 4 | SunEdison Confidential

O‘ahu Solar Projects

P. 5 | SunEdison Confidential

Progress to Date

5

• Purchase/Lease Land

• Site Studies

• Community Support

• Executed Contract

(PPA)

• Approved Permits

• Initial Tree Clearing

• Engaged Lenders

• Next Steps?

Simulation of Waiawa Solar project, as

seen from Ka Uka Blvd overpass

P. 6 | SunEdison Confidential

Next Steps

6

• PUC approval of ALL

projects by July

• Financing (Aug. 2015)

• Start Construction

(Sep.2015)

• Finish by 12/31/2016

Mahalo to the Mililani Neighborhood Board for continuing

support of clean energy!

SunEdison solar project MA