S H E F F I E L D First Wind Overview Founded in 2002 Operating in 6 states 4 regional offices 200 employees 16 projects 980 MW capacity $2.2 billion in assets The POWER of Wind Wind power is the scalable renewable energy solution for clean energy goals and standards Wind energy capacity can lower power prices in wholesale markets Long-term contracts for wind power lock in competitive power prices for ratepayers, hedging the market and supply risks of fossil fuel sources Manufacturing, construction and operations of wind projects utilize local contractors and businesses, and provide stable income and tax revenues for host communities Wind power produces electricity without jeopardizing natural resources, climate or public health W E LCOM E T O SHE F F IE LD WIND CLEAN POWER: MADE IN VERMONT, FOR VERMONT Currently operational in Vermont’s Northeast Kingdom atop Granby Mountain and Libby Hill, Sheffield Wind is First Wind’s first wind farm in Vermont. The project has a maximum output of 40 megawatts (MW) which produces roughly 115,000 megawatt-hours annually for Vermont utility companies. In addition to providing enough clean, safe power for all of the homes in Caledonia Country, Sheffield Wind offers a number of ongoing benefits for local communities. SHEFFIELD WIND PROFILE: Operational since October 2011 Comprised of 16 Clipper Liberty 2.5 megawatt (MW) turbines Delivers clean, reliable power to Vermont utilities such as Vermont Electric (VELCO), Washington Electric Co-op (WEC), and the Burlington Electric Department, serving dozens of nearby towns Provides full-time direct employment and ongoing contracting opportunities for Vermont workers and companies CLEAN ENERGY AND SUSTAINABLE DEVELOPMENT FOR VERMONT The Sheffield Wind project is an example of how economic growth and achieving environmental goals can go hand in hand. Vermont’s rigorous state permitting process coupled with First Wind’s commitment to environmental stewardship brings the benefits of wind energy to the Northeast Kingdom while protecting the area’s environment for future generations. ECONOMIC BENEFITS Development and construction required about 185,000 direct and on-site labor hours and utilized 50 Vermont businesses for site work, supplies and equipment, environmental services, fuel and maintenance, and lodging Payments and services for land, property and state taxes, and various maintenance contracts, cumulatively worth $1 million per year, will stay in Vermont for the life of the project Energy from the facility is contracted and sold at competitive fixed rates, helping stabilize electricity rates otherwise subject to volatility in the price of fossil fuels ENVIRONMENTAL BENEFITS Unlike conventional power sources, wind power produces electricity without harmful emissions or watershed pollution Power produced by Sheffield Wind avoids more than 33,000 tons of CO2e per year 218,076 barrels of oil would be required to produce power at a level equivalent to that of the Sheffield Wind facility Provisions of the Sheffield Wind land lease include a nodevelopment easement, land conservation, and special protections for bear habitat LOCATION OF SHEFFIELD WIND IN VERMONT ABOUT FIRST WIND First Wind is an independent renewable energy company exclusively focused on the development, financing, construction, ownership and operation of utility-scale renewable energy projects in the U.S. Based in Boston, First Wind has wind projects in the Northeast, the West and Hawaii, with combined capacity of 980 megawatts (MW) – enough to power approximately 300,000 homes each year. For more information on First Wind, please visit www.firstwind.com or follow us on Twitter @FirstWind. 179 Lincoln St. Suite 500 Boston, MA 02111 www.firstwind.com Rev-05.14.13 © 2013 First Wind Holdings.