BlueSkyPowerConnects Clean Energy

Benjamin S. Parvey IICEO

856-479-9095

ben@BlueSkyPowerLLC.com

www.BlueSkyPowerLLC.com

Waterfront Technology Center200 Federal Street, Suite 243

Camden, NJ 08103

Hydrogen Fuel Cells

CHPCombined Heat & Power

$34.8$51.4 $29.6$1.4

$115.9$105.4$139.1

$80.6

$18

$325.1

BiofuelsWind Power Solar Power Fuel Cells Total

2008 2018

MEGATRENDEXPLOSIVE GROWTH IMMINENT

($ billion)

($ billion)

Pressures to Adopt Clean Energyenergy cost

budget certainty

energy security

demand by:shareholders

customersstudentsvendorscitizensboard

Few clean energy projects completed

Wickedly complex

Institutions don’t know how to implement clean energy projects

BlueSkyPowerConnects Clean Energy

Engineering

RegulatoryCompliance

Land Use

Finance

ProjectDevelopment

$ - grant o

r ITC

$M

Wh

RECs$

$

SPE - Partnership

Long term contracts

Spot market

Renewable Energy

Certificates

Utility or other REC purchaser

Developer Tax-EquityInvestor

Host / Energy User

IRS

Bank

RECs

$ Loan Guarantee

State Utility Commission

rebateState

Development Authority

loans

USDOE

FINANCE

Why are Clean Energy Projects so Complex?

Host Facility OwnsA. Private BorrowerConventi onal lending, mortgage secured and guarantees

Operati ng Lease

Capital Lease

B. Governmental BorrowerTax-exempt bondCREBSQECBS

PPA Provider OwnsDebt and EquityITCTax Equity InvestorEquity InvestorPartnership Fl ipSale/Leaseback

Securiti zed RevenueSREC AgreementPPA revenue

Clean Energy Finance Structures

Hybrid StructurePublic Private Partnership

BlueSkyPowerConnects Clean Energy

Benjamin S. Parvey IICEO

856-479-9095

ben@BlueSkyPowerLLC.com

www.BlueSkyPowerLLC.com

Waterfront Technology Center200 Federal Street, Suite 243

Camden, NJ 08103