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Edited TranscriptView Video: cit.com/truegreen

Jeff Brown: True Green Capital Management came together to focus on opportunities within non-traditional energy and specifically within solar.

Mike Lorusso: We’ve known True Green from the outset when they began. When they came to us with the United Communities deal, that was a good fit for us.

Brown: Trinity Solar was looking for an equity provider, so we funded the final development and engineering, and then we went to the market looking for lenders, CIT was by far the fastest to understand the opportunity.

Rhys Marsh: The United Communities project is a 12 megawatt solar system at Fort Dix-McGuire, which is one of the largest military bases in the country.

Lorusso: True Green supplies solar panels on the rooftops of the housing community and then that allows them to sell power at a discount to what the utility would charge. We like to differentiate ourselves from our competition by providing value-added financing to our clients. So, the satisfaction we get from a transaction like this is to combine technical analysis, legal analysis and general due diligence.

Brown: What’s unique about pursuing a transaction like this that hasn’t really been done in the marketplace is that it requires a depth of expertise in energy, in project finance and in risk management.

Marsh: We would come up with a structure together and then some things could change though. So, on the fly, we were inventing new structures.

Brown: Working with the CIT team has been an extremely

collaborative experience, and that starts with the head of the group, Mike Lorusso. Mike had a strong reputation in energy project finance.

“ CIT was by far the fastest to understand the opportunity.” - Jeffrey Brown

“ We like to differentiate ourselves from our competition by providing value-added financing to our clients.” - Mike Lorusso

Jeffrey Brown, Founding Partner, True Green Capital Management LLC

Mike Lorusso, Group Head and Managing Director, CIT Corporate Finance, Energy

Rhys Marsh, Vice President, CIT Corporate Finance, Energy

A GREENER SHADE OF KHAKI“Providing Clean, Affordable Energy to Military Families”

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Lorusso: Personally, I was just pleased to be part of a transaction that had environmental, social and technical success. To bring these factors together was quite fulfilling.

Brown: It’s the intersection of working on something I believe in, with partners that I can rely on, and delivering tangible daily cost savings to military families.

Marsh: It’s really, really special to see all the panels installed here,

operating, supporting our military and helping with our country’s energy independence goals.

Brown: I hope to work with CIT on similar projects across the country. This is stuff that works, there’s no technology risk. It’s pretty amazing.

About True Green Capital Management LLCTrue Green Capital Management LLC is a privately owned, specialized asset management firm managing investment capital for institutions and high net worth individuals in the United States and abroad. The firm targets directly originated asset-based investment opportunities across the capital structure with a focus on distributed power generation infrastructure in non-traditional energy sectors. Further information is available at truegreencapital.com.

About CIT Corporate Finance, Energy CIT Corporate Finance, Energy provides value-added financing products and services to growth-oriented companies throughout the energy sector, including oil & gas and power. By combining extensive industry experience, structuring expertise and underwriting capacity, we create comprehensive solutions to our clients’ most critical strategic and funding needs. CIT Corporate Finance, Energy currently manages a large, diverse portfolio, which includes investments in all asset classes across the energy sector. cit.com/energy

About CIT Founded in 1908, CIT (NYSE: CIT) is a financial holding company with more than $35 billion in financing and leasing assets. It provides financing, leasing and advisory services to its clients and their customers across more than 30 industries. CIT maintains leadership positions in middle market lending, factoring, retail and equipment finance, as well as aerospace, equipment and rail leasing. CIT’s U.S. bank subsidiary CIT Bank (Member FDIC), BankOnCIT.com, offers a variety of savings options designed to help customers achieve their financial goals. cit.com

To learn more about CIT Corporate Finance, Energy and its financing capabilities visit: cit.com/energy

“ It’s the intersection of working on something I believe in, with partners that I can rely on, and delivering tangible daily cost savings to military families.” - Jeffrey Brown

May 2014