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FOURMILE RIDGE March 19, 2013
Company Information
Electric power is a fundamental part of the quest for global economic stability and improved quality of life. Just generating power is not enough—we must be sensitive to its impacts on our planet. Synergics has worked for over 30 years planning, engineering, financing and constructing renewable energy projects all over the world. Our expertise spans the spectrum of complex issues that are critical to successfully developing, owning and operating a power project in the 21st century. We are committed to putting this knowledge to work globally. We make your energy projects happen!
o Formed in 1980
o Engaged for over 30 power projects in 10 states and 13 countries o Pipeline of Renewable
Energy Development o Immediate Opportunities
o 50 MW Capacity
o 20 -Nordex N90-2.5MW turbines, 80m towers
o $110 Million Project
o 40 MW PPA with Delmarva
o 10 MW PPAs with State of Maryland & UMD
o Fixed rate sales with escalation
o 100% private land
o Interconnection with Allegheny Power
o Permitted & Constructed by Synergics
o Project Completed - May 2011
o In Operations
Synergics Roth Rock Wind Farm
Backbone Mountain Project Highlights
Site Vicinity Map
o 60 MW Capacity
o 24 -2.5MW turbines, 100m towers
o Projected Cost: $100 Million
o Location: Fourmile Ridge near Frostburg, Maryland
o Site control completed - 100% private land
o Interconnection with Allegheny Power 138 kV line approved
o Easy transportation access for heavy equipment
o Ready for Construction: Spring 2013
o Projected Commercial Operations: December 2013
Synergics Fourmile Ridge Wind Farm
PROJECT HIGHLIGHTS
SITE SELECTION o Good Wind Resource
o Over 3-1/2 years of 60m Met Mast data
o Monitored and Managed by GL-Garrad Hassan
o Transmission Line Access on project site (Less than 300 ft.)
o 100% Privately-owned Land
o Existing condition – partly disturbed: Stone Quarries, Logging
o Low Population Density
Synergics Fourmile Ridge Wind Farm
Existing Public Road Access to East Array
Laydown/Assembly Area & Existing MET Tower
Existing home to be used for Operation & Maintenance Building
Existing Access Road to West Array & Laydown Area Facing West
Existing clear cut & access road facing South at North-end of West Array
South-end of West Array – facing South access road & Turbine Location
Existing 138KV Transmission Line Looking East
Stone quarry south-end of West Array
View of the active stone quarry located in the southern portion of the western alignment in the vicinity of Avilton Lonaconing Road.
Roth Rock Wind Farm after construction
ENVIRONMENTAL STUDIES o Phase I Avian Risk Assessment -Draft completed o Preconstruction Bat Risk Assessment :
o Acoustic Monitoring Survey – completed o Mist-Net Survey – completed o Migration Study – ongoing
o Non-tidal wetland and waterway delineation completed
o Aerial and field survey completed
o Turbine layout and Access road grading plan completed o Noise Study and Shadow Flicker Study report completed for current
alignment o Stormwater management and sediment/erosion control plans (2 of 3 required submittals completed)
Synergics Fourmile Ridge Wind Farm
Temporary condition during construction
Permanent condition after construction
Roth Rock Wind Farm after construction
Mining Operation Backbone Mountain
Year Assess Value
# of Windmills
Assessable Base
Real Property
Tax
Tax Revenue per Windmill
Total Tax Revenue
Fiscal Year
1 $120,000.00 20 $2,400,000.00 $0.990 $1,188.00 $23,760.00 2013
1 $514,400.00 Building/Land $514,400.00 $0.990 $5,092.56 $5,092.56 2013
$28,852.56
Synergics
Real Estate Tax Revenue Fiscal Year 2012 to 2013
Year Assess Value
# of Windmills
Assessable Base
Real Property
Tax
Tax Revenue per Windmill
Total Tax Revenue
Fiscal Year
1 $120,000.00 28 $3,360,000.00 $0.990 $1,188.00 $33,264.00 2012
1 $557,250.00 Building/Land $557,250.00 $0.990 $5,516.78 $5,516.78 2012
$38,780.78
Constellation Energy
Year Fiscal Year Total # of Windmills Total Tax Revenue
1 2012 28 $38,780.78
2 2013 48 $67,633.34
Source: Garrett County Department of Financial Services
Total Personal Property Tax Revenue Year 1 (2012) Year 10 (2021) Year 20
(2031) Year 30 (2041)
Grand Total over 30 Years
Constellation Energy
$1,367,343.70 $1,026,759.07 $734,062.92 $683,671.85 $27,417,868.50
Year 1 (2013) Year 10 (2022) Year 20 (2032) Year 30 (2042) Grand Total over 30 Years
Synergics $885,907.19 $654,977.67 $468,264.50 $442,953.60 $17,563,497.78
Grand Total Collected over 30 Years
Constellation $27,417,868.50
Synergics $17,563,497.78
Grand Total $44,981,366.28
Source: Garrett County Department of Financial Services
FY 2013 Garrett County Budget Report
Combined wind farm Revenue of $2,253,250 = 5.02% of the Real Property and Personal Property Tax Revenue for the entire County.
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