HELPING OUR FARMING COMMUNITIES THRIVE Low-cost, clean and creates substantial new tax revenue, boosts local economies and helps farming families. For over 30 years, EDF Renewables has been providing clean energy OUR solutions throughout . MISSION EDF Renewables North America is a market-leading independent power producer and service provider, Delivering renewable delivering: // grid-scale power: wind (onshore and offshore), solutions to lead solar photovoltaic, and storage projects // distributed solutions: solar, solar+storage, the transition to a electric vehicle charging and energy sustainable energy management // asset optimization: technical, operational, and future. commercial skills to maximize performance of generating projects

EDF Renewables’ North American portfolio consists of 16 gigawatts (GW) of developed projects

the equivalent of powering { 1.6 million homes } and 11 GW of projects under operations and maintenance service contracts. EDF Renewables North America is a subsidiary of EDF Renewables, the dedicated renewable energy affiliate of the EDF Group.

Origination Development Transaction Construction Optimization

1 REGIONAL PRESENCE

For the past 35 years, we have worked with hundreds of communities across the country building long-standing 43 projects developed relationships with local leaders and neighbors. We invest in our host 4.5 GW equivalent to powering communities and landowners and take 1,150,000 homes great pride in their success.

Our projects provide jobs, tax revenues, landowner payments and other sources of local economic development. EDF Renewables is committed to our host communities for the life of the project as a developer in the early stages and long-term operations and maintenance provider.

9 projects 1,000 employees 14 office locations developed in the U.S. across the U.S. 1.1 GW equivalent to powering Since 2016, our projects have contributed 219,000 homes 41 projects developed

$104.6 million $5.8 billion 3.7 GW 15 projects in leaseholder payments in vendor spend equivalent to powering developed 838,000 homes 3.4 GW equivalent to powering 910,000 homes

Average yearly consumption U.S. household is 10,972 kWh. Numbers reflect Grid-Scale Power projects only. 2 Source: U.S. EIA 2018 Average Monthly Bill-Residential (www.eia.gov/electricity/sales_revenue_price/pdf/table5_a.pdf) 3 • The solar industry • has created Did you know... employed 19,019 well-paying jobs for over veterans throughout 114,000 Americans. the United States, or 7.8% of all solar • Wind turbine technician is workers in the nation. the second fastest growing job.

• Solar PV installer is • The U.S. wind industry the fastest growing employs America’s veterans occupation in the U.S. at a rate 67% above the national average.

Source: SEIA.org Source: awea.org

POTENTIAL BENEFITS OF A 100 MW SOLAR PROJECT POTENTIAL BENEFITS OF A 100 MW WIND PROJECT

150+ jobs 100+ jobs 20,000 $100’s created during the peak 30,000 $100’s created during the peak of construction of construction equivalent households of thousands of dollars 4 5 equivalent households of thousands of dollars 4 5 powered by the in new revenues annually powered by the in new revenues annually electricity produced to the host communities ~2 full-time electricity produced to the host communities ~4 full-time permanent, highly skilled permanent, highly skilled jobs during operation jobs during operation

4 5 TESTIMONIALS

SOLAR WIND “We have worked with EDF Renewables across several solar “My experience working with EDF Renewables on the Red Pine development projects, and they have proven to be a powerful Project has been good. and reliable partner. The extra income I’ve generated by having two towers on my Their representatives communicate clearly with our office, property has had a huge impact, especially with agricultural emphasizing collaboration, transparency, and honesty. Our prices being low and lower yields due to heavy rain. company has worked to help numerous solar developers The access road created has been a great improvement during acquire real estate across the nation, and EDF Renewables manure hauling and harvest as it gives us access further into the always stands out. fields without getting stuck.

As a landowner and impact investment-minded fund, we have The whole community has benefitted by the donations made on witnessed firsthand the impact of income for our behalf of EDF Renewables such as our local fire department. investors. Many of our investor-partners are mission motivated to have the greatest impact with their investment dollars. Any concerns I had during the process were addressed and I We are confident that their dollars go further by investing YAMHILL SOLAR PROJECT would be happy to work with EDF Renewables on another RED PINE WIND PROJECT in domestic solar development through an EDF Renewables Oregon project if the opportunity was available.” partnership.” Luke Moorse, Landowner Red Pine Wind Project John Copyak Ivanhoe, MN Clean USA Power

AVERAGE DEVELOPMENT PROCESS

LAND ACQUISITION PERMITTING, INTERCONNECTION CONSTRUCTION OPERATIONS AND 1 Year AND ENVIRONMENTAL STUDIES 9-12 Months MAINTENANCE 2-4 Years 35 Years

6 7 SOLAR AND WIND ENERGY LAND USE The Truth Advantages for Landowners and Communities Long-term, comprehensive studies show solar and 1 Ideal business partner for landowners 3 Solar panels can accommodate native wind power do not affect property values. Rather, • Solar and wind energy offer landowners a vegetation and pollinator habitat species they are drivers for economic development in the unique opportunity to reap stable financial • Solar projects are typically sited near host communities and support local municipal rewards. Landowners lease their land to existing electrical infrastructure that have energy companies who build and operate enough capacity to accommodate additional services that benefit all property owners and the project, earning steady, reliable income generation. without spending a lot of time, effort or residents. • Projects are also generally sited on cleared capital themselves. land to help facilitate project permitting. Solar and wind farms provide an alternative • • Where possible, we are sensitive to the use of income stream for farmers and ranchers, agricultural land and make efforts to helping them weather the ups and downs colocate various forms of agriculture within of farming. Solar and wind projects can help our project sites. preserve the rural way of life, giving farmers, ranchers and their children the option to stay • Low-height plants can thrive beneath solar on the farm. panels, eliminating the need for mowing and keeping the panels unshaded. Wind turbines allow for continued farming • Planting a pollinator habitat or hosting 2 operations beekeeping operations can benefit local farms. • Farmers can continue farming the majority of their land. Economic boost for rural communities • After turbines and related infrastructure are 4 installed, farming can continue nearly right Host communities also enjoy the many to the base of the turbine. economic and social benefits of solar and wind energy, through municipal tax revenues Each turbine only removes about ¼ to ½ of • and the creation of high-value jobs for an acre from agricultural production. local tradespeople and contractors during • A typical leaves 98 percent of land the construction phase, as well as full-time undisturbed, leaving it free for other uses permanent jobs once the project is operational. such as farming and ranching. Wind and solar projects also bring an infusion • The construction process often includes of dollars to local services and businesses. construction of new roads or upgrading existing roads, which can improve A safe and healthy source of energy operations. 5 It is widely recognized that solar and wind • If crops are damaged during construction, energy are two of the safest and most landowners are reimbursed for lost revenue. environmentally friendly sources of electricity available today. Solar and wind energy emit no greenhouse gases or pollutants and do not use fresh water – which results in a healthier, cleaner environment for crops, livestock and farmers.

8 9 IT’S NOT JUST ABOUT GENERATING ENERGY Caring for communities and the climate

We put local interests at the heart of Another win for landowners, considering our projects, aiming to deliver long-term solar is dual-use, is that agriculture and benefits for the communities in which we electricity production can result in two operate. Developing relationships early revenue streams while sharing the same during the land leasing and permitting piece of land. For our projects, it is common process and continuing throughout the to see sheep grazing under the solar panels installation and operation of the projects or cattle right up to the base of turbines. creates trusting, long-lasting relationships.

As a responsible company that champions low-carbon growth, we also consider the environment where we work and live. It is a critical part of our culture to promote environmental initiatives wherever possible in our host communities.

EDF Renewables i CORPORATE

SOCIAL CLIMATE CHANGE PEOPLE DEVELOPMENT FUEL POVERTY ENERGY EFFICIENCY DIALOGUE & CONSULTATION RESPONSIBILITY Go beyond the requirements of the Adopt industrial groups’ best practices in Offer all vulnerable people Innovate through digital energy Systematically organize a process 2°C trajectory set by COP21 by drastically people development: health and information about and support efficiency solutions to enable of transparent and open dialogue GOALS reducing our CO2 emissions. safety, gender diversity and social with energy use and energy benefits. all customers to use energy better. and consultation for every advancement. new project around the world.

10 11 CASE STUDY Commitment to biodiversity through the project life cycle ARNPRIOR SOLAR PROJECT Ottawa, Ontario Our asset management team has added a number of 23.4 MWp biodiversity and environmental features to the project – 2009 Providing power for all within the footprint of the project since construction 7,000 homes of the Arnprior Solar Project was completed 10 years ago. They include a monarch butterfly conservation project, a bee and honey project, and a natural weed abatement pilot project.

These initiatives are emblematic of our mission to lead the transition to a sustainable energy future. We collaborate with the communities in which we work to generate environmentally-friendly and sustainable low-carbon energy.

12 13 Every project is different but there are few undeniable benefits for landowners, communities and the environment. If you want to learn more about how you can participate in a wind or solar project with EDF Renewables, let’s connect.

If you are a landowner interested in leasing your land or partnering on a project with EDF Renewables, contact our Landowner Liaison to get started:

[email protected] 1-844-943-0723

Follow us on social media to learn more about EDF Renewables projects, industry news, statistics, and more!

| | |

EDF Renewables 15445 Innovation Drive San Diego, CA 92128 www.edf-re.com

Photo credits: Jim Brady, Neil Ever Osborne, Daniel Peters, Joan Sullivan 2-20