WIND FARMS IN ONTARIO A CLEAN ENERGY PROJECT Taking advantage of the Canadian RE program 25 years PPA Pay or take agreement Ontario government sovereign guarantee Tariff: CA$0.1210 /kWh + annual incremental THE PROJECTS • • • • Arthur Wind Farm : 10 MW Silver Springs Wind Farm: 9MW Skyway 8 Wind Farm: 9 MW Skyway 124 Wind Farm: 9.2 MW • Total : 37.2 MW for an estimated cost of C$125million THE TEAM • • • • Earth vision: Financial adviser Emerald Energy Intnl. Corp: Project holder Natenco LLC : Vendor/Operator Windenergy Gmgh (Germany): EPC contractor SCHEDULE OF OPERATIONS COMMERCIAL OPERATION DATE ARTHUR SILVER SPRING SKYWAY 8 SKYWAY 124 30/11/2010 30/10/2011 30/05/2011 30/11/2011 FINANCE • COST OF INVESTMENT: C$125 MILLION • AVERAGE ANNUAL EBITDA: C$12 MILLION • TAX SHELTER: 15 YEARS OBJECTIVES • Loan or/and equity 25 years. • Currency: C$ • Starting date: Immediate