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Cindy Thyfault, Founder and CEO

Pacific 2012 International Maritime Conference

Sustainable Maritime Fuels

Sydney, Australia

February 1, 2012

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Westar has assisted clients in obtaining over $680 Million in financing.!

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•! State & Federally Charted Banks!

•! Investment Banks!•! Equity Providers!•! Family O"ces &

Hedge Funds!•! International

Development Banks!

•!Traditional & Investment Banks!

•!Venture Capital Companies!

•!Multinational Corporation!

•! Family O"ce & Hedge Funds!

•!Oil & Gas Companies!•! Food Production

Companies!•!Air Transport

Companies!•!Air, Land, & Water Fuel

Users!

•!Biofuels & Bioproducts!•!Renewable Power!•!Value-Added

Agriculture!•!Water Production &

Recycling!•! Smart Grid

Technologies!•! Sustainable Fiber

Production!•! Energy E"ciency

Technologies!•!Transformational

Technologies!

Technology

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Source: Kachan & Co. !

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Source: Bloomberg New Energy Finance!

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Source: World Economic Forum Report, “Sustainable Transportation Ecosystem.”!

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Source: World Economic Forum Report, “Sustainable Transportation Ecosystem.”!

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Source: World Economic Forum Report, “Sustainable Transportation Ecosystem.”!

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•! Capital Cost of Commercial Facility

•! Long-term Sales Contracts

•! Long-term Supply Contracts

•! Scale-up Risk

•! ASTM Certification

•! Bank Syndication

•! Debt Interest Rate

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Step One – Development

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Step Two – Evaluation Phase!

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USDA 9003 Program Highlights:

•! 80% Loan Guarantee up to $125 million

•! Long-term financing up to 20 years

•! Non-recourse financing

•! Minimum of 20% equity contribution

•! Lender of record must hold 7.5% of loan

•! US and Foreign Ownership both qualify

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