Enfinity America Corporation Corporate Fact Sheet v July 2012

Enfinity America Corporation

Corporate Fact Sheet

Headquarters: Enfinity America Corporation

Corporate Office Americas 5901Peachtree Dunwoody Rd NE, Ste C-480 Atlanta, GA 30328 Tel: 770 670 5780 www.enfinitycorp.com info@enfinitycorp.com

Overview: Founded in 2005, Enfinity has rapidly grown into one of the world's largest and most

experienced solar photovoltaic (PV) development companies, with a diverse range of utility-scale and distributed generation solar projects under asset management. To finance these installations, Enfinity works with individual project companies funded by equity investors and banks. The company also owns its own portfolio of renewable energy installations. Enfinity is active across the globe and has operations in North America, Europe and Asia Pacific.

Highlights of Enfinity’s global market position:

• Recently ranked in top 10 European renewable energy companies and a global leader in the development of solar and wind installations

• Operational in the Americas since 2008 • Established new Americas headquarters in Atlanta, Ga., in March 2010 • Robust funding foundation • Proven experience in global installations • Active across utility-scale and distributed generation solar space • 400 MW installed worldwide

The company’s breadth and depth of experience ensures that it can seamlessly finance, develop and deliver even the most complex renewable energy projects around the world.

In the Americas, Enfinity provides turnkey solar power solutions for commercial, municipal and utility customers. By combining our solid project credentials with our close relations with investment networks, we continue to deliver successful distributed generation installations (e.g. roof-tops and ground-mounted systems) and utility-scale solar plants.

Enfinity America Corporation Corporate Fact Sheet v July 2012

Services & Expertise: Enfinity finances, develops, builds, operates and maintains commercial solar energy

systems. The company’s services include the initial economic project analysis and project development; project financing (equity/debt through third-party investors); engineering, procurement and construction (EPC) delivery; and asset management. Enfinity differentiates itself by taking a very pragmatic, cooperative approach with a strong focus on local partnerships.

Clients: Enfinity serves the following types of organizations:

• Power utilities • State and local government • Multi-national, regional and local commercial organizations • Public and private companies • Investor groups

Affiliated Companies: Enfinity N.V. – Parent Company, based in Waregem, Belgium

Established in 2005 www.enfinity.be

Enfinity Canada Limited – Sister company, based in Ottawa, Ontario Established in 2008 www.enfinity.ca

Enfinity - Key Events 2005

• Enfinity NV founded in Belgium by entrepreneurs Gino Van Neer and Patrick Decuyper 2006 - 2007

• European expansion begins with offices opening in Spain, Italy and Greece • Four photovoltaic ground projects completed in Spain with a total production of 6.5 MW • Development of photovoltaic roof at McBride, the largest photovoltaic system in Belgium to date (1.2

MWp) 2008

• Global expansion begins with offices opening in other countries including France, Germany, Bulgaria, Czech Republic, United States, Canada, China, and UAE

• Revenues increase from $21 million to $115 million • Workforce grows from 26 to 110

2009

• Historic agreement signed for the development of photovoltaic plants on the LIDL logistic centers in Europe, totaling 50 MWp

• Enfinity enters into a joint venture with Energy Group CGNPC nuclear and a contract for the development of a 10 MWp solar plant in Dunhuang, China

• Signing of a framework agreement between Enfinity and Huaneng New Energy Industrial Co. Ltd., for the development of 2 GWp PV projects

• Hong Kong office opens. Gino Van Neer is appointed general manager of Asia-Pacific. • $64 million investment by investment firm Waterland

Enfinity America Corporation Corporate Fact Sheet v July 2012

2010 • Operations commence in the United Kingdom, Brazil, the Philippines and Vietnam • Construction and development of large-scale projects in France, Italy, the United States, Canada, the

Czech Republic • Global expansion continues with opening of corporate office in the USA (Atlanta, Georgia) • Enfinity America Corporation completes first U.S.-based project for a California school district • Enfinity acquires solar development company ClearPeak • Additional $56 million of capital raised to accelerate strategic expansion

2011

• Enfinity Canada announces start of construction at its 30 megawatt peak (MWp) Stardale installation in East Hawkesbury, Ontario

• Enfinity America Corporation announces three new solar projects in 1st quarter: City of Parlier, Greenfield Union School District and Muroc Joint Unified School District

• Enfinity partners with BNB Renewables to deliver 9.8 MW solar plant at Campbell Soup Company plant in Ohio

• Macy’s signs PPA with Enfinity for a 1 MW installation in Raritan, NJ, co-developed with SunConnect 2012 (to date)

• Enfinity America Corporation announces $100 million solar project fund in partnership with Wells Fargo

Enfinity America Corporation Corporate Fact Sheet v July 2012

Enfinity America Corporation Leadership Team: Rafael Dobrzynski Chief Executive Officer As Chief Executive Officer for Enfinity America Corporation, Rafael Dobrzynski is responsible for the entire span of Enfinity’s operations in the Americas. Rafael is a seasoned C-level executive with wide-ranging, global experience in the Utilities industry and Transmission & Distribution, Communications & Control and Renewable Energy (Photovoltaics) sectors. Rafael was formerly the Head of Trade for Enfinity NV; prior to holding that position he was the Business Development Manager, Business Unit Manager, and Marketing & Sales Manager for Mitsubishi Electric Energy Systems Power Group for almost a decade. Rafael’s career has always been focused on the art of taking complex ideas and projects and delivering them as a commercially viable reality. Rafael graduated from the Universidad Externado de Colombia and Cambridge University (Exchange program), first with a BA in business administration and later with an MBA. David M. Shipley Executive VP & Chief Financial Officer As the Chief Financial Officer for Enfinity America Corporation, David is responsible for structuring and arranging construction and term financing for Enfinity’s Solar PV projects in the Americas. Prior to joining Enfinity in 2008, David spent 17 years in Commercial and Investment Banking, most recently with ABN AMRO Bank in Chicago. He held a variety of positions while at ABN AMRO Bank, most notably as Managing Director - Global Head of Leasing and Asset Finance. In this role, David developed a number of structured tax investment platforms, including equity investment programs for Domestic and Cross-Border Leases, Affordable Housing Partnership Investments (Section 42) and Wind Energy Partnership Investments (Section 45). David was also Head of Corporate Capital for ABN AMRO – LaSalle Bank, where he developed structured solutions and managed the execution of all structured finance transactions. David holds an MBA with a Finance and Taxation Emphasis from DePaul University and a BS in Finance and Accounting from Northern Illinois University. He is a Certified Public Accountant in the State of Illinois. Wim Goethals Executive VP & Chief Operating Officer Wim is the Chief Operating Officer for Enfinity in the Americas. He is responsible for the asset management and risk management aspects of the company’s projects. Wim is also a member of the firm’s Executive Committee and Investment Committee. He brings more than 15 years’ experience to bear on the complex operational and fiscal facets of renewable energy. Wim was previously with Fortis Bank in various risk management and capital market positions and locations (Brussels, London, Hong Kong and New York), including Head of Risk Management, leading a team of 35 people analyzing market risk, credit risk and operational risk exposures of Fortis’ North American activities. Wim graduated from KIHO in Ghent (Belgium) with a bachelor’s degree in Electronic Engineering. He then earned an MBA in Finance from UCL in Louvain-La-Neuve (Belgium). More recently, Wim was part of the Executive MBA program at Stanford University. Bob Hopper Executive VP & Chief Development Officer Bob has 20 years experience in the energy industry and was most recently the founder and President of ClearPeak Advisors, Inc. Bob is responsible for managing Enfinity’s distributed generation strategy as well as the project developers on the Enfinity team. Bob has extensive experience in project development and energy business planning; he served as Senior Vice President, Business Development at Renewable Ventures, a Fotowatio Company. Prior to joining Renewable Ventures he provided the leadership to Siemens’ Western Region he was responsible for all strategic energy operations in the region. Bob also founded energy consulting company IEC, Inc., which negotiated more than $100 million in energy supply contracts. Bob received his BA from St Bonaventure University.

Enfinity America Corporation Corporate Fact Sheet v July 2012

Clifford B. Gould Senior Vice President & General Counsel In his role as chief legal officer for Enfinity America Corporation, Clifford is responsible for overseeing all of the Company’s legal matters, including managing the legal department, rendering legal advice to the company’s management team and board of directors, and assisting with transactional matters. Clifford previously served for over a decade as General Counsel and Executive Vice President for EnerTech Environmental, Inc, a renewable energy company focused on the development of projects in the United States. During his tenure, Clifford assisted and advised the Company in the structuring, negotiation and successful completion and financing of commercial projects, raising venture capital and private equity financing, and licensing transactions. Prior to that, Clifford worked for a decade in private practice, focusing on m&a and corporate matters. Clifford earned his undergraduate degree from Duke University, and earned his law degree from Emory University, where he was a member of Board of Editors of the Emory Law Journal.