the project finance market - is it open for biofuels?

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Cindy Thyfault, Founder and CEO

Advanced Biofuels Leadership Conference

Washington, D.C.

5 April 2012

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

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• State & Federally Charted Banks

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Hedge Funds • International

Development Banks

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• Venture Capital Companies

• Multinational Corporation • Family Office & 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 Efficiency

Technologies • Transformational

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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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• Long-term Sales Contracts

• Scale-up Risk

• ASTM Certification

• Lack of Traditional Funding Options

• Debt Interest Rate

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Bank

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Financing

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