Loading...
HomeMy WebLinkAboutExhibits A-ZAlaska Environmental Power LLC 3411 Airport Wav Exhibit A Fairbanks,.Alaska 99709 Phone: (907) 388-9917 Fax: (907) 474-9376 e-mail: macraft@acsalaska.net Partnership Meeting and Resolutions of meeting of September 6, 2008 The partners of Alaska Environmental Power LLC, Mike Craft, Richard Clymer and Marvin Hall met on Saturday, September 6, 2008 at 12:30 p.m. at 3411 Airport Way, Fairbanks, Alaska to formally discuss the upcoming AEA.(Alaska Energy Authority) RFA (Request for Grant Application) AEA-097004, due October 8, 2008. It was agreed that Mike Craft, Managing Partner, would continue to represent the company for the purposes of the new AEA (Alaska Energy Authority) RFA for FY09 due October 8, 2008. As required for the purposes of the RFA, the following Resolutions are made: Be it resolved that, all partners of Alaska Environmental Power LLC authorize the completion of the Renewable Energy Fund Grant Application for the first funding for FY09 for project funding of the Delta Wind Farm project; and Be it resolved that, all partners of Alaska Environment Power LLC authorize Managing Partner, Mike Craft, to represent the interests of Alaska Environmental Power LLC for the purposes of the RFA/application in, requesting approximately $6.2 million in grant funds of this approximate $8.3 million project; and Be it resolved that, all partners of Alaska Environmental Power LLC state that we are in good standing and compliance with our "existing credit and federal tax obligations" for any and all purposes, including this RFA/application for the Alaska Energy Authority. Other business discussed included: PPA negotiations with Golden Valley Electric Association (GVEA); New Wind Data from G.E. collected in Delta; Collection and gathering of required documentation for completing RFA; - Successful completion of the first turbine assembly; Funding requirements for completion of 2MW wind farm, etc.; Meeting concluded at 4:35 p.m. , Mikdkraft, Managing Partuee Date, Richard Clymer, P ne Date Marvin Hall, Partner Date Change ... It"s in the wind..:` Exhibit B-1 pr Swwnmy line Spies' Win RmI Dais Rof&I PDF I CDF I Sc teiPWJ Bo PWI DMapj TaMesl Deploy r Measued Data r Dady Means r m,,ft Memo r Am,alMeans 2 5 D i r r RECORD -r r PS100_BNtery_Avg -r r Pava_stab Avg r r CS106_Bdomda -r r A,_Temp_CJwg -r r Ai_Temp_C Man - r r Ai_Tnnp_C_M. r r Rd*va Ruridly_Man -r r Relafivo_H—*y_Md r r Rd live_Hwi*_Avg r F, Rinay_w. &Pwd_m s_wvr -r r Pmwy_Varc_5On_Dt WJT -r r Pimay_Vane 50pLSDT_WVT .. r r Red.dmAWr&peed_5Dm_$ WVT -r r Redndam_Vmq_5Oo_DT_WVT r r RebrdarI_Vww_50m_SDl_wJi r r Rinay_WrdSpeed_30m_s WNT r r Prinay_Vane_30m_of VM -r r Pmwy_Vane_30m_SDI _WVT r r Redvdmt wrdspeed_30, 3 W -r r Redudma_Vma 3On Dt_WVT r r Red.4mq_Vane_3Dm_SDt wJ, -r r M-y_wndSpeed_50mjn -r r R.6,,4a4_W,&peed_50m_AW -r r P6nay_W.6pced_3On_Avg r r Redndam_wr&pmd_3Dm_Avg r r Rircwy_wrdspeed_,Om_Avg -r r Red�W,&S ed_10m_Avg r r suf—R j— r r P— law Ewanmd rr Ai Da 7y -r r Redrdant Wndspeed_Wm_S_WJT TI -r r Pmwy wMtpeed_5On_S_WJT TI -r r Redumma_WrdSpeed_ o s_WVT TI - r r P may_wr&5 ed 3On_S WVT Tl -r r Redrdam Wm6wd_50m_s WVT WPD -r r Pmwy_W. &p d_50m_S W VT WPO -r r RedindaN wndSpeed_30n_s WVT WPD -r r Pmwy_Vi&peed_30m_S WJT WPD - r r RedrdaN W.dspeed_l Dm Avg WPD -- r r Pmwy_wrdspeed_,Dn_Avg WPD F, ❑ aaW (! OC El fi Sv Tine Serin WM How Daly Piofk POF I CDF Scaf-UI B.OVI DMa I R—tsI Slats' -WA - - -XI=1 RECORD PSIW Banay_Avg Povw_9lationAvg CS106Baooeta Ai_Tegp_C Avg Ai- Tertp_C Mav Ai_Tanp_C_M. fldative HuriAy_Max RekNre_Wnidly_M. Relelive_Hunidy_Avg Pmwy_Wmdweed_5Dm_S_WV Rinay_Vane_50m DT WVT R..y_Vane_50n_SDl_WVT RedMaP-WMSp wd_5De_S_WVT Redrdai Vars_50m_DT WVT R"Mn0._V.e_5On_SDi_VM Nm -WMSpeeC30> S WVT Ptiney_VaK_3Un_D7_WVT Pmwy_Vane_30m SDl_WVT Redida WMSp—L3Dn_S WVT Redndai Vane_30m_DT_VNT Redidai Vane_30YLSDT WVT Rimy WrdSp. 50m_Avg Redudat_WPZpeed_50m_Avq Poi-WMSpeed_30.LAvg Redudent_W.6peed 30.-A R..y_Wnd5peed_1Dn An Redudai WMSpced_lDn_Avg Power Law E+pawi A. Demiy RedMane_WMSpeW_50m_5 WV T Prove Density P—y_WMspeed_50m S_WVT Power D&" Redid. W.Npeed_3Dn_5 WVT Pave Damiy R..V_VfMSpeed_SDn_S WVT Povw Daly R.&M W,&pmd_10n Avg Paves D.* P-y_W—Speed_10a,A.vg Paves Da-y Rednderl WMSpeed_50m_S WVT TubA—W—ky Ri,,_Wrdspead 5Dn_S WVT Tubg.—IrA..W Redrdet_W,6pwd 3DT-5 WVT TuNA—Ideray Po—y_WMSpeed_3Dm_5_WVT T.b- IMauity Fie view Data k.,- Tpds Wnbe Rdp ❑rd2b.® 0®©m �r='~ Frer Sum,elyl Tim Seiea Wild Rose Dais Rafe' PDF I COF I Sc etplotj Bov*1 DMwj Repmisl Slab Pbt r FrepaencY by beclipn Jan r Mean value by &e a4p• �• m• ro: caM r Tdalvakmby&Wicn pro• ap. r scallelpiet nip. m. Diectim senior Rm, m• Year 7,P , ..,., I_.✓, _ Im• Dispw- r sil�e«,ildl�e alodn Im• Ifi• HE r erl:mdday P usapnplopnscale R10' 4RE tm• ]hair Hyle: R0°• Im• Im• r Po"lopew May r pie sites r Ouded pie rims )iectim sed— 36 Feb a• 2Z1• tl. 2Hp• Bp• roa• Iax im• tl• Rm• fi0• 2HY azx Im• Im• ro• Itl• rm• �• Jun a• ro. pi caM m• nip• im• ep. m• Rtl• 42% ro• m' ]m• Im• 1�• opi 2m• �. a' ro, IOY Grin tl• Rm' roa• Rm' ]m• Im• 1p• ep• Im• Ifi• Mal �. p• ro. Ix caln rep• m• tea• j j ep• Rea• �(Ir�}[`/ Iep• �• 4RY Itl ]m• lap• lep• Jul 2tl• a• ro• 2ro• m. ma• ea• 2m• Ifi R2a• Itl• IBa• Nov 3tl• p• 2p. ]Y SZn 2N• m• nip• m• lea• m• Ma' Im• lax 1tl• Iro' 2HY 2fi• m• 11 tm' aIm` JJJ Apt p` nip• 2ro• tl• m• 28a• zm• /xn{ V .lax BH• Im• 1tl• 22p• zex a:x lm• Iro• 1oa' Iea• am• Im• Aug U• M• 3m• 3fi• tl• m• tea• 1ep• ]tl• ga• Im• ro• IIp• 10p• Im• Iep• Dec Im• 3ro• ptl• a• fi• 1]i calm m• nip. RBa' m. qp. - tm• ND• a• rop. 2. 4,E tl. Ifi• tl• Im• fi• P Dmm® G:}©El13 Tv Se JWMRose DalyRdle) PDF I CDF I Saabe�bll E—kil DMapl Repalsl Slay. Measued Data DdyAv-ages MPrehyA—age> AmualAwages —r r —r yr � r _r I —r —r r I r I r i r I � 1 r —r —r r —r —r —r —r —r —r —r 5 0 O i Nov Oec Jen Feb M. Apr MOY dui RECORD PS10DBaney_Avg Pox-_St.W Avg CS106 Beomela Ar Tarp_C Avg Ar_Tonp_L Mar Ai Temp C Mn ReWiva_Huridly_Mar Ralative_Huridly_Mn RdaWe_Hunidty_Avg Ri Y-Wnd*Q_5Un_S_VM P—y_Vare 50. DI_WVI Rinay_Vare_5Dm_SD1 NM Redrda0-W.&peed_5CFa_S_W V 1 R.3..L.t_aneV_5Qx Di WVT dr Red. Vme_5wLSD1 WVT Ra.y_WidSpeed_30m_S WVT R-y_Vane_30m_D1 WYT Rieay_Vane 30eLSD1_kNT Rei.dl _W ffipeed_3De_S WVT Redudanl_Vane_301n_D7 WVT Redu4aR_Vaae_30x_01_VM Ruwy_W.&peed_50m Avg Redudart WndSpeed Wm_Avg R-y_Wr&peed_30m_Avy Redvidwr Vff SPeed_3DmAvg P,i-W.&pmd_1DiMro Redrdanl_WrdSpeed_1 De_Avg Sulam.,* ss Pax -law E*a Ai Denny Redudad W"paed_50m_S WJT Pax- Dwa y Pm wy_WndspeeQ_5Dm S_WVT Paw DeWy RedvdmlWr&peed3Dm_S_WOT Pawn De Ay Prmay_WMSpead 30m_S WVT Paw De ay Redrd.r_WrdSpeed_1Om_Avg Pox -Dandy h..y_ WndSpeed_1 prLAvg Paw Deeaiy Re,k. a Wn4Speed_50rtt S_WVT T.W— ldendy R..y_W,dv.d_5Qn_S_W T.W—In-W Redadad_Wn6peed_30nt_S WJT Tud/arce ldendy Pmwry Wrd mmL30m_S WVT T.W—lnlandy r He View Da[a A,*m Tod, W dow H* �mm61tpm©01%% F Snwnny Tine Saes IWnd Ra I Dais Pto*I PDF I CDF I Sca W 18aVdI DMv I ReDM,I Stars I NpLw Measwed Data D*Avaages M rftAvnages A..AAvnagas —JIVJJ RECDRD PSIDO_BaHay_Avg Pavn_Stanm_Avg CS706_Bxaade A%Teap_C Avg Ai_Tarp_C_M. Ai_Temp_C_Mn RelaOve_Huddty_Mav Raktre_Huddly_Mn fldaiiva_HmWky_Avg PdnnyWrdspeed_50n_S_WVT P."_Vane_W Dl lWT Hinny_V-�-50n_SD1_WVT Re&xA M Wnd.SPeW_50n_5 WVT flexlydari Vane_56n_D1 WVT Redrdarn V.,e_50n_Sol_WVT Pnnay_WndSpeeCL30Yn_5 WV! Prnwy_Vane_30m DT WVT Pdnny_Vm 30m_SDl WVT Redrdanl WndSPeed_30m„5_WVT Red dri_V.r _30m_Dl_WVT Radndanl V.na-30n_SDl WVT Prtney_WndSPeed_50m_Avg RedL WndSpeed_50m_Avg R—y_WedSpaad_30r,k-Avg Redd.UWndSpeed_W Avg Nlwy WrdSpeed_ll)�Avg Redud.AW,4peed_1W Avg Sul—Rougfnen Poxes Law Eqm Ai Deasiy fleddari Wrdbpeed_50m_S_WV T Power Demdy 3'dnwy_Wrdspeed_SOm_S WVTP—D"n O Reddant_Wr6peed_30n_S_WVT Pave Damty Pm _WndSpeed_30n_S_WYT Pawn Deniy Reddant_W.&peed_70m_Avg P— Dxaity Pnn Y_Wr&peai_lOaLAvg Pave Dm* Reddad WM6pW_50m_S_WVT Tuddercalderaty Pemny_Wndspeed_W S WVT Tudierc W—ky RedrdariWndSP-d-30n_S WVT T.NA—trdnsiy PlirWy Wn&Peed_30n_S VNT T.NA.-10-* r Fie Y Data A,*m Toils MWow Hd0 I �n—oi rsT Aw m sm ,-ti = wv ,. Suraary Tine Swes' WM Hose I D*P.% POF I cDF i Sc**" Bafpldl DMv Repalsl Sta1s Dw.y FMeasued Dda L*Avaega Mo-yAveagea AmralAvaages 1A5 r RECORD - 1 j -r PST00 Bati yvg A -r P— Sl6 An I r M06_Beomtle f I -r A:_Temp_cAvg _ --r AiTemp _C_Max t —r AiTemo_C Mn tA0 __ _--____-___-___.-_—_r..__ .. _.._...__.__.__._ r ReW— Hurvdty_Mav -- I _i - - __-- _ I —r Reative_H-.*-Mn r Relative Huridly_Avg r Piinw-W dspeed_50n_S_WIT —r Hmay_vana_50m_O7_Wo i —r Rimy v 50 sot WIT --r fledrdart_WedSpe O-SW_S WIT - -- __ -r Redant_Iaro_50n_Oi WIT 1 35 _.____ r'Redidmdar!_Vare_5LYe5D1 WIT I I P." W—Speed_30n_S_WIT I I I r R�pary vane_30,� DT_wIr I j —r Piuiey_Vane_3pn_SDt_WIT r RedndarR_WedSPeed_30a_S_WIT -r Reduda�t_vaoa_30n_DT VNT I r ReAsdet_Iarw 30m_SDI _WIT -r Pnnby_W"pmd_50n_Avg -r RedvdareWndSpxd_50m_Avg i -r Piinny_w-speed_30m_Avg i -r Red Wan_WrdSpeed Avg --r Pliney_W.6peed TOn_Avg o I-r Redrdan Wrd6p«d_i0n_Avg a _ _ �_____ _—____ __ __ _ __ _- ___ I r Pave Law Elpoeri -r podudai_WrAspead_50n_S WIT Pave Dm* -r Pmay Wrd peed 5 S WVT Pave De niy r fledrdan_w,4peed 30m S WVT Pave Dw* V -r Prnuy_Ww&peed_311m_S WIT Pave Deroiy -r fledsdan_WrdSpeed_lOmAvg Paws Derciy -r Pdnay_W.6pxd_TOn_Avg Power Derry -r RedodW WM6peed_%n_S WIT TMdleicelnemay -r Pd—r_w.,mpeed_50m_s_wvTTewerKeWen* -r RedudantWndSpeed_30n_S WIT TuI>t/ernelnerciy —r Priney_Wn6wed_30m_S WIT T.W— lneaily j i I i I 1 1.10 On 2041 Dec Jan Feb Mar Apr 2008 MAY Jun IJ 41s3 Ir Cora ' ri' k �r 'r;F., �12J Xf E) cam la® YN®PIM; g P v) 5urrvrwy rim Snles I WWRosei Dabs Rddei PDF i CDF i Scapeiploli 8oxpldi DMap i Repalsi Stak i Display Meavaed Dal. Daly Aveaget M-*Av-ages Arawal Avnages flECDflD —r PS100_Badw-Avg —r Powd_Smon Avg r CS706 B.a If I —P Ai_T.V_CAvg i I -r A._raaV_C_Mae - j — Ai Te C Mh - - r Rdlalwe H—*-M. —r Rd*. Heaidly Mn I - r flelaeve Hpmidly_Avg 1 j r Piinay_Wrdrpe d_50m_S_WVT i i � -r P�:rory_vane San_m_wvT Rowy Vam_5Dm_SD7 W R.&..i� Wrdspeed_SDa_S_VNT —r R".d t vam_504 Dl_NNT 10 --_ _t__ _—__ ------- __._ �_ - ___._____. __.___..__ �. __________ r R.Udam_Vam_SDYn_SDl W I i I r Paany_w.aspeed_3an_s_wvr r Pn y_Vane Xrr Dl W j —r Rniny_Yane_3Dn_SDI _WVT Rnlydat wrd5peed_3Otis WVT i —r RCd.dmkVam_3Dm Dl_N VT Re&Marl V-k_30m_SDl_WVT ° —r Prnay_wrd5peed 5omAvg —r RedndarR W" avg j e —r Rirory_wndSPA —r flea�,da.,l_w.dspeed_3ap_ay u i i t -., r Pmwy_wndSpxd_lQmLAvg Red.dat wrd5peerf 1O Avg S i —r swfa nou* s r P—Taw EiVaict `-10 - t- --- - - - -- - - - -- t -- - +- -- - --- - -- -r A: I f Il { -r R w.dspeed_SoaLs_wvrPa,,aDmay —r Riany_Wnhpeed_5Dn_S_WVT Pu nerdy r Red.darawn4pmC3Dm_s WVT Pawer Densiy P—y_W.6p d � s VM Pawn D.* a —r Redndnt WndSp-d_/Om_Avg Pave Oe dy i i l P—y-WidSpeealpnAvg Pave Dndy _50rtt_ Tuck e r _ peed R dudni WndS S WVT , ----------- ---+--- r PmaY_w.dspeed_5Qn_S_WVT Tudke IN —r fled.dr✓`WndSpeed_30.Ls WVT TubLk lm..b —r RinnY_WrdSpced_30m_S_WVT T.W—la-* j I I , l 1 I I 40 Od Nov Dec Jan Feb Mar Apr 2W7 2m Windspeedsense Primary_Windspeed_50n_S_WVT Wind direction sensor Priry ry_Vane_50m_Dl WVT Wind direction sector All Sedors 12 Year <AG> j Math <All> _Calculate mean turbulence intern* ----- Threshold wind speed (m/s) !—V Mean turbulence intensity 3.94 Turbulence Table I Standmd Deviation Graph Turbulence Graph I Turbulence Rose Turbulence Intensity, All Sectors — r Mean Turbulence Intensity 30 _ -r Chmacterislic Tuibulencelntensity -r IECCategoryA .� r IEC Category B 26 20 E n' i�- I 00 5 t0 15 20 25 Wind Speed (misl Help J Close Su y Tine Sena I WMRa I D*PfddeI PDF I CDF I SeaewlotI BmOot DM* I RepWsI SI.H i DcPlw _Meai..d Dal. D*Avaaga MW*Av-w.1 k..WA—gal i . ' Oet T m Dec Fe hw AV May Y -r RECORD —r PSIOO_Ballery_Avg —r Panq_5lation_ n r CS706_Baareler —r Ai_Temp_C_An --r Ai_TeW_C Max —r Ai_Tenp_C_M. r RoMve Hw,*-Mm —r ReWGva_Hieridly_Mn r R6k,fi _H..*_An r Pmay_Wnapeed_SDm_S_WJT —r Pw-y_V— 5Qg_DI_WVT —r Rirwy_Vare_50m_SD1_WVT —r Rednd&,LWndSpd 50m_s WVT —r Redld vane 50e DI WVT r Red, Vane 50rrSDI WVT r Rinay_W.6peed_M S WVT r Pm y_V� 30m_O1_WVT —r Pnnay_V 30m_sD1 WVT r RedMart_WMSpeed_30m_S_WVT —r R.&.d r Vane M0 Dl WVT r RedMan Vane0m 3SDI WVT —r Rimry_W,&Pedt_50m_Avg —r R.dMaN wrzpeed_50m_A g —r-.y_WMspeed 30m_Avg —r Rednda WndSpeed_ An r RinaY_WMSPmd_1O Avg —r Red.AW W"pced_10. An —r Solaro R.egF-en r P—Law Eryaprd — r Ai Deasy —r RedMeN_WMSpeed_50a_5_WVT Paws Dmsdy —r Mtr y_W.dspeed_50m_S WVT Power Omeiy r Re6xA r VVMSpmd_30m_S_WVT Pa Dmaily —r Prinny_WMSpeed_30m_S WVT Pa Dawy —r RedM.M_W"peed_lO�LAvg P—Dealy —r Mi y_W.dSpeed_10m_An Pave Deruiy —r R.,k dar W.4peed_50e_S WVT TaW—Irieraiy —r P—y_Wrdrpead_50m_5_WVT T.W-11—* —r Red, d \If.6pad_30m_S_WVT T.Wenpe14—Aq —r Pmwy_W.dSceM_3D�S WVT T.W—lntmrdy Configure Data Set Opening file: delta-2 - deltal Omin.dat Columns I Othef I Label I Units f-olor APigl:i:t:]Averagej Min I Max RECORD RN 19,575 0 39,146 PS 1 00-B attery_Avg Volts 14.1 13.3 14.9 Power -Station -Avg Volts 26.4 24.5 31 CS106 Barometer mbar 960 931 991 Air-Temp_C_Avg T -6.14 -39.8 25.8 Air-Temp_C_Max Deg C -5.94 -39.8 26 Air-Temp_C_Min Deg C -6.35 -39.9 25.6 Relative-Humidity_Max 70.5 18.8 164 Relative - Humidity_Min 68.4 14.9 164 R elative�--H umidity_Avg 69.3 16.6 164 1hr Primar.v_yane-50m-D 1 -WVT ' 50 m 15.8 0 360 Primary_Vane_50m_SD1_W... ' 13.3 0 94.5 Redundant-WindSpeed-50... m/s 50 m 5.50 0 22.3 �Redundant-Vane-50m-D1-... 50 m 31.3 0 360 R edundant-Vane-50m-S D 1... 13.8 0 95.7 Primary-WindSpeed - 30m - S... m/s 30 m 4.61 0 20.3 �V- Primary_Vane-30m-D 1 -WVT 30 m 35.4 0 360 Primary_vane-30m-SD1-w.., 12.1 0 95.5 Redundant-WindSpeed-30... m/s 30 m 4.55 0 20.1 POF 25 E20 w .215 10 010 fD 5 1ID 15 2n 'E, 0 P. 12 18 24 0 Value I rin1s) Time Of Day H RIP _7 Template Floor Ceiling Column properties - ------ Type Wind Speed Label Primary-Windspeed-50m-S-W Units FMTS E Color F- A. Height F 50 fm Apply filter Floor 0 mh F. --iling F 30 m/s Associated columns ---- Std. dev. jPrirriary-Vane-50m-SD1-W-!j Max. Value k none> F M A M J J A S 0 N D A Cancel I M ax daily high i fiiean daily low rrt i ri S—,I Tu. Seresl W.AR—I D*Fy .& PDF ICDF I SuU.patl B q"I DftI Tadesl Data caAirn I Piimny_Windspeed_50m_5_ N � Yen <� Alb ] �.�.. D."f Sivje gaph F By month r' H—TsRe m!: mo,owHDi nnry_mnaepeea_aam_a way {mra� Ad�s16Na �Besi-{G1YeLiltl 65hiMdi+n (k:1.36, O5.9C ml5J 50 50 30 30 10 10 5.50 5,59 4.55 4.61 3.41 3.37 4,79 4.85 3.96 3.98 2.74 2.74 0,00 0,00 0,00 0.00 0.00 0.00 22.29 22,52 20.06 20,30 16,01 15,90 269 287 163 167 84 81 2,357 2,513 1,431 1,465 734 711 2.573 2.613 2.779 2.725 3.374 3.372 1.282 1.261 1,153 1.236 1.047 1.008 5.85 5.94 4.72 4.87 3.46 3.38 0.935 0.936 0,929 0.929 0,935 0,934 0.041 0,042 0.038 0,039 0,088 0,086 22 22 20 20 16 16 4.44 3.94 5.00 4.48 <n/a> <n/a> 3.69 3.80 3.20 3.19 2.68 2.66 67.1 68.0 70.5 69.3 78.7 78.9 4.97 5,09 6.73 5.16 5.42 6.41 39,140 39,140 39,140 39,140 39,140 39,140 0 0 0 0 0 0 100 100 100 100 100 100 This window calculates the energy output of a wind turbine in this wind regime. Select a type of wind turbine and a hub height, then click Calculate Output. Wind turbine I Northern Power NW 1 OW21 Details... Edit... New... Delete... Compare... PropertiesHub height Manufacturer: Northern Power Systems Website: www.northernoower.com Rotor diameter: 20.7 m Rated power: 100 kW Power regulation: Stall control a Losses ------_. _..__.___.-__.-_._____________.__ 0 Downtime losses [%] �2 Array losses (%) �-```��'' 1 a Icing/soiling losses [%J 1 ' Other losses (%) 3 Overall lass factor [%J 6.83 Calculate Outpi �* Monthly details Valid Hub H Turbine comparison Month Data Wind f Points (m) Jan 4,464 Feb 4,176 Mar 4,464 i Apr4,320 May 4,464 _ Jun_ 3,380 Jul -' 0 Aug 0 Sep _j 624 Oct 4,464 Nov 4,320 Dec 4,464 Overall) 39,140 Help 120 100 $0 00 - 40 20 0 i i 20 0 5 10 15 20 2 Wind Speed (Mis) 5 r 37 m r 32 m 25 m i• Other 50 m 1t :d Time At Zero Output - [jj Time At _Average Net Average Net Average Net Raked Output_ Power Output Energy Output Capacity Factor ------- - [�J-----� _(kW)__. (kWh)-a-----R) 5.23 38.24 3.38 25.5 18,989 25.5 6.89 23.59 5.48 34.0 22,868 34.0 5.63 26.93 0.58 21.5 15,973 21.5 4.30 32.89 0.00 10.0 7,218 10.0 4.97 32.08 0.00 14.7 10,971 14.7 4.60 24.88 0.00 10.9 7,882 10.9 n!a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a 5.94 18.75 0.00 22.4 16,145 22.4 4.90 30.20 0.00 16.7 12,449 16.7 6.86 23.61 0.72 34.5 24,849 34.5 6.77 34.74 9.05 38.8 28,835 38.8 5.59 29.70 2.15 23.2 203,401 23.2 Cancel Add Turbine Output Time Series To Data Set &Close Wind speed sensor ; Prima,y_Windspeed_50rn 5 WVT vj Calculate mean lwbulence intensity - - Wind direction sensor Primary Vane 50m1 W T t D Threshold wind speed (m/sj I 0 - -� Sectors 12 . Mean turbulence intensity3.94 Year <AII> - Month <All> Turbulence Table I Standard Deviation Graph I Turbulence Graph Turbulence Rose Turbulence Intensity By Direction 0° IN Hefp ME EN R 2t0' 15 160, ED➢ IWim ME Plot type: r- Linear r Logarithmic 30 250 N 200 E 3 VI C al 0 150 ao C c m 1 100 50 n 0 Mean Wind Power Density vs. Height i i 10 20 30 40 50 Height Above Ground (m) Data — Line of best fit Help Measureddata Height , Mean Wind Power (m) Density (Wlm2) 50 , 266 30 155 10 76 Best -fit parameters from log -log plot --- ---- Intercept: 2.550 Slope: 0.760 rz 0.985 Results ---—..—�_..----- -- Power density at 50m: 250 Wlrr? Wind power class: 2 (Marginal) For reference ------- Wind 1 Description Power Power_ of j Dy at 50m ��/m2) Class 1 11 Class or 0-200 2 Marginal 200-300 3 Fair 300-400 4 Good 400-500 5 Excellent 500-600 6 Outstanding 600-800 i 7 Superb 800-2000 1 Close r Fie Y4 Data _An*n Took M11dox H* S,j Ti.Saies Wsd Rom jD*RdMfl PDF J CDF j SemtegA tl 6m9>fotl DMap) Nepalal Slak j Pbl Jan Fl-gre by&action p. lesasn Feb D. Meanvakaby&edi°n 3tl• p. �. _ p, Isc>rn r Tdad '&. by&ecti°n J2p m• yap• m• - r Soagapbl -7 Diedl 2ep• �, , P—y-Wane Mm D1 WVT �• Year <I '4b ] .��._.; ��.I 2W, _. I°p• Zap• ipp• 28p Dkplw. - 14Y - 14% r Sigk w M to e r �nvY ttl• 0Y p• 2m• 8Y M• r By tiue a Jay r Uu Cpapon ipale 3N• 4EY Itl• Ip• ', 41Y Itl' Ifa• IlU• Nda Sk4o ]°°• lu• Ip• lm' R Pav1l4op&i May Jun r Pie ak4s �. °• p. OY Wm 7D °• p, 0i caln r Oe&od pie aloes 320' m• 3p. - m• Di.tionsectas36 _� 3m•. - m• sap• m• tap• � 10p• po• 2m' Ip• lm• - � -IW iB0 IA' 310' 41Y itl• 2t0• �• Imo• iPo �• Sep gyp. °' p. 1 a c� 3m• 330' m' J2U' Jao• co• Jpp tap' eo• 2eo' Sep Im• tap• 141 3m• I.0 Im• 2.' 42b im 2p• pp• mp• 43Y Itl• Imo• 1W Oct °' p. es osn m• pp/q,��.. m. eo• tap I.- tea 14Y Ip' 42% Im lap• Not Ap, Jtl• °• 21• °Y caM pip, °• p, OY OLn 320• - m• p2o• 40. 3W 8p• JW' t0• Im � - .. eo po•.. IW' Zap• I00 Itl• ip• -. 38a tm' 28Y ip' �. 4EY Im• ]]a• Im• 9EY zoo• Im, lap• xo• 1p, lap• Jut Aug 3tl• ��... p. ]m °� p. 330• m' ylp• m 300• w• JW eo iW 3012• IW ]m• Ip• 2m• IZtI• tta• Ib• bp• - Im• �• Ip• IW ]00• I8a• 1p0• Nov Dec 33p' tl• 3]0• dp. Sap• eo• 3pa• eo• tao• po• .too• 14Y 2m' Ip' Im• Ip• Im• Im• Im• Ip, - tap 3fa• 1�, leo• 100 +Wind Shear Prafile I i 80 60 40 --__ 20 -_ 0 0 1 2 3 4 5 6 7 Average Wind Speed (m/s) Log law fit Power law fit Measured data Exhibit C Northern 29 Pitman Road Barre, VT 05641 USA Tel: +01.802.461.2955 Fax: +01.802.461.2998 www.NorthernPower.com Product Sales Agreement This Agreement is made as of the 301" day of September, 2008, by and between Northern Power Systems Inc., a Delaware corporation having its principal place of business at 29 Pitman Road, Barre, Vermont, 05641 USA ("Northern"), and Mr. Mike Craft, aka Alaskan Environmental Power, a corporation duly organized under the laws of the State of Alaska and having its principal place of business at 1160 Pickering Drive, Fairbanks, Alaska, 99709 ("Company," Northern and Company being collectively referred to herein as the "Parties"). Whereas, Northern designs, manufactures and distributes energy related products including but not limited to electrical power systems, power electronics and wind turbine systems; and, Whereas, Company desires to purchase and install products from Northern; In consideration of the mutual agreements and covenants set forth herein, Northern and Company hereby agree as follows: 1. SALE OF GOODS. Northern shall sell to Company the products and / or services described in Exhibit A attached hereto and incorporated herein by this reference ("Products"). 2. DELIVERY. Delivery of Products shall be made on or by 6 months following execution of this agreement and receipt of initial payment. Delivery of Products to the carrier at the point of shipment shall constitute delivery to Company, subject to lien by Northern for the unpaid purchase price. 3. PAYMENT. Prices quoted in Exhibit A shall remain valid for 30 days from the date of transmission from Northern to Company, the Validity Period. If initial payment is not received within the Validity Period, Northern will update pricing after receipt of initial payment. . 3.1 Prices. All prices are in U.S. dollars. Prices do not include any taxes, duties or fees, wherever imposed. Company shall pay any and all taxes and charges or provide Northern with acceptable exemption certificates. 3.2 Payment Milestones. Northern shall issue invoices according to the payment milestones defined in Exhibit B. 3.3 Payment Method. All payments shall be made electronically or by mail, in U.S. currency, either: a) Inside United States, by U.S. incorporated companies, by check to: Northern Power Systems Inc. Accounts Receivable 29 Pitman Road Barre, VT 05641 b) Outside United States, by any companies not basing project banking within the contiguous U.S., by wire transfer to Northern Power Systems' designated bank. 3.4 Security Interest. Northern retains a security interest in all goods identified or delivered hereunder until full payment of this Agreement is received. At Northern's request, Company shall execute and deliver any instruments (including Uniform Commercial Code Financing Statements) which Northern deems necessary to protect its security interest in the goods. FM220 RevF Printed copies are Uncontrolled Northern Page 2 4. SPECIFICATIONS AND WARRANTIES. 4.1 Except for specifications expressly stated in Exhibit A, and the Limited Warranty provided in Exhibit C, NORTHERN MAKES NO OTHER WARRANTIES TO COMPANY, EXPRESS OR IMPLIED, AND HEREBY EXPRESSLY DISCLAIMS ANY WARRANT OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. 5. MODIFICATIONS/CHANGES. Company requests for modifications or changes to this Agreement, including but not limited to, changes in specifications, quantities, delivery and terms of payment, must be made in writing and are subject to Northern's written acceptance. 6. TITLE AND RISK OF LOSS. Northern warrants its transfer of ownership is rightful and free from any third -party security interest, lien or encumbrance. Unless otherwise agreed to in writing by Northern, risk of loss shall pass to Company upon payment. Company claims for damages or shortages must be in writing and received by Northern within 30 days after receipt of goods or notice of loss, whichever shall occur first, and must be accompanied by Northern's packing slip and full particulars of any such claim. 7. FORCE MAJEURE. Northern shall not be liable for any delay in performance, nonperformance, or any other deviation in performance of Northern's obligations, nor for any loss or damage to the goods supplied hereunder, when occasioned directly or indirectly by any cause or beyond the reasonable control of Northern, its subcontractors or suppliers, including, but not limited to, acts of God, acts of criminals or public enemy, war, terrorism, riot, official or unofficial acts, orders, regulations or restrictions of any foreign or domestic government or agency thereof, acts of Company or its employees or representatives; strikes or labor difficulties involving employees of Northern or any other party; failure, shortage or delay in Northern's usual sources of labor or material supply. Northern shall have a reasonable extension of the time for performance when delayed by any such cause. 8. SUSPENSION OF ORDER / DELAY BY COMPANY. Company's request for suspension of this Agreement or a delay in shipment must be delivered in writing to Northern, and is not effective until acknowledged in writing by Northern. Such suspensions or delays may result in adjustments to prices, payments and delivery schedules. If a suspension is more than 60 days in duration, Company will pay Northern pro rata for the portion of Agreement completed. In the event that production or fabrication has proceeded to the point that Northern deems it cannot reasonably reschedule completion or the request for suspension is received less than sixty (60) days prior to scheduled shipment, this Agreement shall be completed, invoiced, and the goods placed in storage at Company's expense. In the event Northern is otherwise unable to deliver the Product when ready due to the action or inaction of Company, Northern shall so notify Company. Such inability to deliver shall also be subject to the above provisions. 9. TERMINATION / CANCELLATION. In the event of termination or cancellation of this Agreement by Company, Company shall pay Northern the greater of (a) ten percent (10%) of the total contract value if a production order and supply orders have not been issued, or (b) fifty percent (50%) of the total contract value once a production order and supply orders have been issued and Company has been notified in writing or (c) all costs incurred and legally committed to through the effective date of termination and all costs associated with terminating subcontracts, less credit, if any, for returned purchases. 10. RIGHTS TO DRAWINGS AND DATA. All engineering designs, data, and specifications are proprietary to Northern and shall not be disclosed or reused without Northern's prior written consent. Engineering designs and data specifically identified, created and purchased as a part of this Agreement shall become the property of Company, and Northern assumes no responsibility for subsequent reuse. FM220 RevF Printed copies are Uncontrolled Northern Page 3 11. ASSIGNMENTS. Northern shall have the right to assign any rights or obligations under this Agreement to any of its affiliated or subsidiary companies. Any assignment of Company's rights or obligations under this Agreement requires Northern's prior written consent. 12. DIRECT DRIVE/POWER CONVERTER RESTRICTION. Company recognizes that the Direct Drive generator and Power Converter embodies confidential and proprietary information and trade secrets of Northern. Company agrees not to disassemble or reverse engineer any Direct Drive generator and Power Converter, either supplied as part of a system or as a separate item. Company hereby acknowledges that Northern's remedy at law for breach of this restriction is inadequate, and that Northern shall have the right to injunctive relief in the event of any such breach in addition to any other remedy available to it. Company hereby acknowledges that this restriction applies to any and all employees, agents, successors, or assigns and that the Company shall take all reasonable measures to ensure compliance with this restriction. 13. ON -SITE ACTIVITY. If Exhibit A calls for any on -site activity by Northern, including but not limited to inspection, start-up, technical representation, erection, installation, construction, or other services the following conditions shall apply: 13.1 Company Assistance. Company shall provide such assistance as Northern may reasonably require to facilitate timely completion of this Agreement. If Northern is unable to perform through no fault of its own or as a result of Company's failure to cooperate or provide assistance, Northern shall be excused from performance. In such event, Northern may, at its option, terminate this Agreement or continue to perform to the extent possible, and shall be entitled to an equitable adjustment in purchase price and/or schedule. Company assistance shall be free of charge and shall include but not be limited to: (a) Company shall provide reasonable security and protection for all persons, property and equipment employed or used by Northern. (b) Company shall make available to Northern the use of any required utilities, including electrical power, transport and water. (c) Company shall assist Northern to obtain access to all necessary roads, railways, pumping stations, power lines, pipelines, canals, and the like. (d) Company shall provide Northern with fuels and lubricants in sufficient quantity and quality to meet the requirements of each phase of the specified services. (e) Company shall assist Northern to obtain any permits, licenses, or authorizations necessary to complete this Agreement and Company shall be responsible for obtaining all environmental permits including without limitation, air permits, permits to construct and/or operate, and any land use permits. 13.2 Differing Site Conditions. If Northern, in the course of performing this Agreement discovers (i) subsurface or latent physical conditions at the site differing materially from those indicated in Exhibit A herein, or (ii) unknown physical conditions at the site, differing materially from those ordinarily encountered in the work as provided for in this Agreement, then Northern shall inform Company and Company shall promptly investigate the conditions. If the conditions do so differ and cause an increase in Northern's cost of or time for performance of any part of the work, whether or not changed as a result of such conditions, an equitable adjustment in the purchase price and/or schedule shall be made. 13.3 Independent Contractor. Northern is an Independent Contractor and not an employee or agent of Company. Company employees, agents or subcontractors assigned to assist Northern may receive temporary instructions, directions, or control from Northern but shall, at all times, be considered the employees, agents or subcontractors of Company and not of Northern. FM220 RevF Printed copies are Uncontrolled Northern Page 4 14. RESPONSIBILITY FOR ENGINEERING AND CONSTRUCTION. Company recognizes that the primary responsibility for the engineering analysis to ensure the proper construction and safe operation of the tower resides with Company and that Northern assumes no liability for such activities. Northern reserves the right to reject any warranty and service claims where Company cannot demonstrate to Northern the adequacy of the tower construction per as -built drawings, geotechnical investigations, engineering calculations, and written representations for Company and its contractors. 15. LIMITATION OF LIABILITY. Either party's maximum liability for damages, regardless of the form of action, shall not exceed the total order value. Except for damages arising from breaches of confidentiality and damages arising from breaches of each other's intellectual property rights, in no event shall either party be liable for special, punitive, incidental consequential, exemplary or other indirect damages including, but not limited to, loss of use loss of production, loss of product, loss of revenue, profits or anticipated profits or loss of data damages arising out of this order even if the other party has been advised of the possibility of such damages. 16. REGULATORY COMPLIANCE/APPLICATION RESTRICTIONS. Company shall comply with all applicable laws and regulations related to the purchase of the goods and services under this Agreement including but not limited to, safety and environmental regulations, technical standards and export controls. Company shall not use or operate the goods in a manner other than that intended in Northern's offering without Northern's prior written consent. Goods shall not be exported or transshipped contrary to U.S. law. Company is the exporter of record and solely responsible to acquire any required export license. Northern will assist in supply of information required in the application process. 17. DISPUTES / APPLICABLE LAW. Company and Northern shall use best efforts to resolve any dispute or claim in an amicable manner. In the event Northern is in breach of any of the provisions of this Agreement, Company shall notify Northern in writing and Northern shall take reasonable measures to remedy such breach within 30 days after receipt of notice. Any dispute or claim not settled by mutual agreement shall be submitted to arbitration in accordance with the Rules of the American Arbitration Association, and judgment upon the arbitral award may be entered in any court having jurisdiction. The request for arbitration shall be made within a reasonable time after the dispute or claim arises, and in no event after it would be barred by any applicable statute of limitations. Both parties shall equally bear the cost of such arbitration. Unless otherwise mutually agreed, arbitration hearings shall be held in Burlington, Vermont, USA. This Agreement shall be governed by the laws of the State of Vermont, United States of America, excluding its conflicts of laws principles. FM220 RevF Printed copies are Uncontrolled Northern Page 5 18. INTEGRATION AND SEVERABILITY. (a) This Agreement constitutes the entire agreement of the Parties with respect to the matters herein set forth and supersedes all previous discussions, prior agreements and understandings concerning the same, whether oral or written. (b) If any term or provision of this Agreement shall be found to be illegal, invalid, void or otherwise unenforceable, notwithstanding, this Agreement shall remain in full force and effect and such term or provision shall be deemed stricken and the remaining provisions shall not be affected or impaired and shall be interpreted, as far as and if possible, so as to give them effect consistent with the original terms of this Agreement. Insofar as possible within the confines of any finding as to the Agreement, the Parties will attempt to reconstruct any contested part of this Agreement so as to retain the balance of interests between the Parties as originally contemplated. IN WITNESS WHEREOF, the Parties have caused this Agreement to be executed by their duly authorized representatives. Northern Power Systems, Inc. Name Title Signature Print/Type Print/Type Alaskan Environmental Power RIM Name Date: FM220 RevF Printed copies are Uncontrolled Signature Print/Type Print/Type Northern Page Al Exhibit A, Products and Services Summary Products Total $ 5,557,500 Services Total $ 317,500 Subtotal $ 5,875,000 Discount 19 $ (45,000) $ (855,000) Total Contract Value $ 5,020,000 1. Products Item # Product Description Quantity Unit Price US$ Total Price US$ 1 Northwind 100 wind turbine, including rotor hub, power electronics, SmartView remote monitoring system and 2-year limited warranty. Price is EXWORKS factory,Barre, VT. 19 $ 225,000 $ 4,275,000 Rotor Options 19m blade set (WIGS Class 1), includes 3 blades Price is EXWORKS blade manufacturer. included in 1 $ - 21m blade set (WIGS Class II), includes 3 blades Price is EXWORKS blade manufacturer. 19 included in 1 $ - StaClean blade treatment $ 5,000 $ - Tower Options 30m tower Price is F.O.B. United States west coast. $ 65,000 $ - 37m tower Price is F.O.B. United States west coast. 19 $ 1,282,500 Power Output Options 480V, 3-phase, 60Hz 19 included in 1 $ - 480V, 3-phase, 50Hz $ 1,200 $ - Safety Options FAA -a roved L-810 LED obstruction lighting kit 19 $ - Auto -descent device $ 3,000 $ - Miscellaneous Options Cold -weather package 19 $ - Utility interconnect relay $ 6,800 $ - Utility interconnect relay with revenue meter $ 8,500 $ - Anchor Bolt Template $ 2,000 $ - Anchor Bolt Embedment Ring $ 2,800 $ - Extended limited warranty, to 5 years, per turbine, per year $ 3,000 $ Parts Options 2-year maintenance kit $ 1,000 $ - Minimum recommended spares, perturbine $ 1,200 $ Site inventory, for up to 5 turbines on one site $ 12,000 $ -Shipping Options 40-foot ISO container for sea freight $ 7,500 1 $ - FM221 RevD Printed copies are Uncontrolled Northern Page A2 . The preceding prices do not include taxes, tariffs, import or export duties, shipping, delivery, set fees or any material unless specifically listed above. . Forward -looking forecasts from our suppliers indicate possible price increases in the range of 7% to 18% due to commodity price volatility into 2009. The prices listed above are valid for the term defined in Section 3 of this Agreement, after which time DES reserves the right to revise its pricing. . All items identified as ESTIMATE ONLY will be invoiced based on actual hours (labor) or cost (freight and expenses). Labor will be invoiced according to currently published hourly rates. Expenses and materials will be invoiced at actual cost plus 15%. 2. Services Item # Service Description Quantity Unit Price Total Price US$ US$ Shipping Services [Freight to site ESTIMATE ONLY 19 $ 12,000 $ 228,000 Labor Services Field Service installation support, CONUS $ 3,200 $ - ESTIMATE ONLY Field Service installation support, OCONUS/Int'I 7 $ 3,500 $ 24,500 ESTIMATE ONLY Field Service commissioning, CONUS $ 6,400 $ - ESTIMATE ONLY Field Service commissioning, OCONUS/Int'I 7 $ 7,000 $ 49,000 (ESTIMATE ONLY) Travel & Expenses Budgets Travel & expenses for installation support, $ 2,000 $ - CONUS ESTIMATE ONLY Travel & expenses for installation support, 2 $ 4,000 $ 8,000 OCOUNUS/Ilnt'I ESTIMATE ONLY Travel & expenses for commissioning, $ 2,000 $ - CONUS ESTIMATE ONLY Travel & expenses for commissioning, 2 $ 4,000 $ 8,000 OCONUS/Int'I (ESTIMATE ONLY) . All items identified as ESTIMATE ONLY will be invoiced based on actual days (labor) or cost (freight and expenses). . Labor will be invoiced according to currently published daily rates, up to 10 hours per day, then hourly rates beyond that. . Overtime will be invoiced for work in excess of 10 hours per day at 1.5 times the applicable hourly rate. . Standby, travel, and partial days will be invoiced according to currently published daily rates. . Reimbursable costs (airfare, lodging, meals, etc.) will be invoiced at actual cost plus 15%. . Material costs and tool & equipment rental fees associated with the work will be invoiced at actual cost plus 25%. FM221 RevD Printed copies are Uncontrolled Northern Page A3 3. Key Assumptions This Agreement is based on the following key assumptions. . The turbine site will have the foundation completed, transformer installed & tied into the grid, and tower base section placed, leveled, grouted & cured before Northern field installation support personnel arrive. . Northern engineering drawing formats; title blocks, nomenclature and O&M Manuals shall be in Northern standard format. . Others shall install fiber communication lines and fiber terminations or wireless transceivers for communication between turbines and location of SmartView server. Northern shall have terminated connections available to hook up to the turbine controllers. . Others shall provide internet connectivity to each turbine. 4. Specific Exclusions This Agreement specifically excludes the following items. . Foundation or mounting hardware for the tower -to -foundation connection. . Foundation materials or foundation parts. . Interconnection transformer. . Installation or erection labor, material, and equipment. FM221 RevD Printed copies are Uncontrolled Northern s Page 131 Exhibit B, Payment Terms 1. Northern shall issue invoices according to the following payment milestones. Invoices shall be due and payable Net 30 days from invoice date. 2. All payments shall be in U.S. dollars. Past -due invoices shall be subject to interest charges at the rate of 1.5% per month. 3. The payment milestones are: (i) 50% of the Total Contract Value (TCV) upon execution of this Agreement. (ii) 20% of TCV three months after execution of this Agreement. (iii) 20% of TCV upon completion of Company -witnessed Factory Acceptance Test and availability of Product for shipment, pro -rated per unit. (iv) 10% of TCV upon commissioning of Product, pro -rated per unit. FM222 RevB Modified Printed copies are Uncontrolled Northern Page C1 Exhibit C, Limited Warranty 1. LIMITED WARRANTY. Northern warrants that the wind turbine Products listed in Exhibit A shall be free from defects in material and workmanship for the period of time stated below. 2. GENERAL. The limited warranty offered covers the operation and performance of the Products as designed for their intended applications. Northern makes no other express or implied guarantee of performance other than that provided herein. If Northern is providing goods manufactured by a third party, all third -party warranties are transferred and assigned to the Company upon delivery; no other warranties related to the third -party goods is provided. 3. WARRANTY ITEMS COVERED. (a) Wind turbine Products: Twenty-four (24) months from date of commissioning acceptance or thirty (30) months from date of shipment, whichever occurs first. (b) Repair or replacement parts for wind turbine Products: Ninety (90) days from shipment or the remainder of the original warranty, whichever is greater. (c) Service: Ninety (90) days from completion of services. 4. EXTENDED WARRANTY. Northern may, at its sole discretion, offer an extended 5 year limited warranty for Products covered under Article 3 of this Limited Warranty. The extended warranty will only be offered at the time of the original sale and is effective only if listed in Section 1 of Exhibit A. 5. REPAIR OR REPLACEMENT PARTS. All right, title and interest in any repair or replacement parts returned to Northern under this Limited Warranty vest in Northern upon receipt. Northern reserves the right to use refurbished, repaired or reclaimed parts in its performance under this Limited Warranty. 6. EXCLUDED FROM THIS LIMITED WARRANTY. The following shall be excluded from the Limited Warranty: (a) Parts and items considered consumable in normal operations, including those parts and items supplied with wind turbine Product for maintenance. (b) Any wind turbine Product and its parts that are not installed, operated, and maintained in accordance with the unit's Operation and Maintenance Manuals supplied with the NorthWind 100. (c) Any foundation or other structural members designed, fabricated or manufactured by a third party for Company unless otherwise specified herein. (d) Damages due to accident, abuse, acts of God, acts of terrorism, misuse or negligence, or which result, in whole or in part, from improper or unauthorized use or repair of the System, third - party fabricated items (including but not limited to foundations), external electrical disturbances by equipment or goods not produced by Northern (including but not limited to electrical networks) or use of the wind turbine Product in a manner for which it was not designed, or by other causes external to the wind turbine Product. (e) Damages due to operation of the wind turbine Product outside the specified range of environmental operational conditions. 7. MAINTAINENANCE. Northern's obligations under this Limited Warranty are contingent upon: (a) the performance by a Northern -certified technician of regular, scheduled maintenance actions, in accordance with procedures outlined in Northern's Operation and Maintenance Manuals, for all wind turbine Products and their associated equipment; and, FM224 RevB Printed copies are Uncontrolled Northern Page C2 (b) the availability of internet access by Northern to the wind turbine Products. 8. REMEDY. Company's sole and exclusive remedy in the event of defect, and the liability of Northern hereunder is limited to the adjustment, repair, or replacement of the defective item or part with a similar item or part free of defect. Such adjustments, repairs, or replacements will be made at Northern's Barre, Vermont, plant or at the site of the wind turbine Product, if Northern so elects. All costs for shipping equipment or parts shall be on the account of the Company EXWORKS Barre, VT USA (Incoterms 2000). Labor costs associated with travel, expenses, and subsistence costs for field services shall be on the account of the Company. 9. VOIDING OF THE LIMITED WARRANTY. This Limited Warranty is immediately void upon: (a) THE DISASSEMBLY OF THE WIND TURBINE PRODUCT, OR (b) THE DISASSEMBLY OF THE WIND TURBINE POWER ELECTRONICS, OR (c) THE SALE, ASSIGNMENT OR ANY OTHER TRANSFER OF TITLE BY COMPANY OF THE ITEMS OR PARTS OTHERWISE COVERED UNDER THIS LIMITED WARRANTY 10. WAIVER OF ALL OTHER WARRANTIES. THE LIMITED WARRANTY PROVIDED HEREUNDER AND THE RIGHTS AND REMEDIES OF THE COMPANY HEREUNDER ARE IN LIEU OF, AND COMPANY EXPRESSLY WAIVES, ALL OTHER WARRANTIES, GUARANTEES, OBLIGATIONS, LIABILITIES, OR REMEDIES, EXPRESSED OR IMPLIED, ARISING BY LAW OR OTHERWISE, INCLUDING WITHOUT LIMITATION IMPLIED WARRANTIES OF MERCHANTABILITY AND NON - INFRINGEMENT, IMPLIED WARRANTIES ARISING FROM THE COURSE OF DEALING OR USAGE OF TRADE AND IMPLIED WARRANTIES OF SUITABILITY OR FITNESS FOR A PARTICULAR PURPOSE. 11. LIMITATION OF LIABILITY. (a) THE REMEDIES PROVIDED IN THIS LIMITED WARRANTY ARE EXCLUSIVE AND NORTHERN SHALL IN NO WAY BE LIABLE FOR INCIDENTAL OR CONSEQUENTIAL DAMAGES OF ANY KIND WHATSOEVER INCLUDING WITHOUT LIMITATION LOSS OF USE, REVENUE OR PROFIT. (b) Northern's maximum liability under this Limited Warranty shall not exceed 100% of the contract price for the wind turbine Product as defined in Exhibit A. 12. SUBCONTRACTORS. Northern may, at its discretion, subcontract such obligations under this Limited Warranty as it deems advisable, subject to Company's right to object to any particular subcontractor for cause. 13. ASSIGNMENT. This Limited Warranty is not assignable by the Company without the express written consent of Northern. Any attempted or purported assignment of this Limited Warranty shall be void ab initio. FM224 RevB Printed copies are Uncontrolled Mtt C ZI Exhibit D PrOcision Cranes AN Inc. P.O. Box 5(ir NOW, Pole, Alaska 99it.g,.; (007) .. .... .. .... e-mail ...,.,.,,,,..,..Pciinc@acsalaska.nLt '71 Fran j: F,'ed Kuykend6l• i Pago 7? DatL ....... ... . . . . ........... For Efini .. .. ...... . ...... I :.W September 29, 240$ PO Box 56,646 North Pole, Ak "0 i Alaska Environmental Power Attn: Mike Craft Sending uested quote to set nineteen wind mill towers dig the Summer of 2009 at mil st 1419 Alcan Highway near Delta Junction Al a, The towers to be set will to like or similar to the one set During the first week. of September 2009 at mile 1419 Alcan Hwy. Price is all Inclusive: $17,000,00 per each tower We appreciate the opportunity to send y®a this quote. Regards, �A Exhibit E FCTRM EIV©IINEERIN© C[SRP Mon 09/29/2008 Mike Craft Alaska Environmental Power 3411 Airport Way Fairbanks , Alaska 99709 Phone: 907-388-9917 Fax: Tom Reed Technical Rep. N.W. Region Williams Form Engineering Corp. 7601 North Columbia Blvd. Portland, OR 97203 Phone: 800-344-6728 503-969-0326 cell treed@williamsform.com www.williamsform.com Fax: 503-285-6858 RE: As per your request , we are pleased to quote the following quality Williams material 566-08 NC Thread Part Number Description Weight Qty Price B8S-08-18000 138S - NC All -Thread Bar 1" x 15 "`Right Hand *Plain 60,420.0 1,900 $90.84 Each H1F-08 H 1 F - Hex Nuts 1" Dia. N C'Plain Right Hand 2,280.0 5,700 $1.87 Each R9F-08-436 R9F -Hardened Washers for 1" NC or Coil Bar 304.0 3,800 $0.52 Each FRT-EST FRT - Estimated Freight (actual freight and 1.0 1 $15000.00 Each handling to be billed) estimated door to door freight on Roadway - Portland to Fairbanks $7,500 per truck Total Weight 1 63,005 Total Price: $200,231.00 1 This quote is based on 8 week lead time to ship ARO due to mill lead time for special length material Availability: Delivery subject to availability of material at time of order. Actual shipping dates can be determined upon receipt of purchase order. F.O.B.: WFEC, Portland Terms: Net 30 days, no retainage percentage Certification: $40.00 per order, must be requested when placing order. Testing Any cost of independent testing will be the responsibility of purchaser. New Accounts: Credit information must be provided when placing orders. Above prices are guaranteed for 30 days. Taxes not included. It is the purchasers responsibility to verify the material description and quantities on quotation meet All Quotes subject to the attached terms and conditions m AO Lnc D Nm R WO o m � m HM Z d m is X m a 0 0 Fa co K m Cam) = 0 o Z D C-)r Cl) 0 C) -n Dm 00 m= D� m = m:0 cn Cn D >- xm cn O m v m m O D r G\ Ln .r- W I f\a I p pZ m H r r f) f > p t M ?m r I-. O\ o f}\ un o © 0 O 0 0 0 D Z° �m �� m 0 0 w n P- 0 w n w Lit o n 0 f-s Ln n Lip Lis o n 0 C i o n Ln o m n —z z �' iE < N T+) -P- -P, H n n # f # f # \0 _O f3 i} O T� r- i 0 "D < C < < < O :> c z x o\ n n n n n z X f\) # f } f i c - { r, 110 -P I'D -!1--� -� F. n 0 0 0 V 0 m O)) m cr D a 3 —F # n f z F-r rT Di 7 O n n :i_l -7 n '7 � 21 n } c # c i }-1 0 n �-4 X- f r ,-, o C < m r-- 0 --E 0 -i ( z m -i m m r`- E- fu u)2 n 0 0 ? rn :E: ry E3 3 3 C iTt t�f u 0 z: �o c -A --d n D rTr C 0 ID n ?--f --i -i U3 S i; S C3 3 Oc w co co co co co -t -C-- 0 0 Q 0 J v -� 0 0 0 0 0� r CO ON G\ G\ G\ 0\ p 0 L) 0 0 0 I" 0 C\ cG\ O\ ON Ov €, 0 0 0 O 0 O\ m Q £- 0 Lf^e�i ha 0 E-x G\ 0\ ,�j 0 w c v z Co 0 f3 z3 #• 0 w Q fV 0 Ln M m C) 0 (A 0 � 0 0 0 0 0 0 n E n rn n n � -n Do m m m U) 0 m m f) }il G\ - Fa w fv m P= Ln Ln 0 i\1 z 0 0 Q J (fl UI � 0 0 0 W 0 o o m z7 O 1> �7 m Ui p H i m rr- S7 \t) Lr) m Le)- D < m D z: D z: r- 71e L m Q €n c c m H ;a m 0—� 7C L -4 73 POP C) 0 = D > _ p x 1O z O m C) C \lD I�D V) O 0 -i ---.! - 4 f # 73 a: LP Ln ril _ _• f-1 Lr'r -tom H f 0 LT- z PO Box 71249, Fatrbw s, AK 99707-1,249 • (907).452-1151 • www ea.# -rani YtlnrTcwehmne Euere Cooperative ]� Exhibit G STANDARD POWER PURCHASE AGREEMENT 0]A MEMBER -OWNED SMALL-SCALE RENEWABLE RESOURCES UNDER THE EXPERIMENTAL RENEWABLE RESOURCE PURCHASE PROGRAM PO box 71.249, Faidunks, AK 99707.1249 + (907) 452-11.51 • tVwwgvefi.c'An7 Your Touchsrone Energy' Cooperative STANDARD POWER PURCHASE AGREEMENT FOR MEMBER -OWNED SMALL-SCALE RENEWABLE RESOURCES UNDER THE EXPERIMENTAL RENEWABLE RESOURCE PURCHASE PROGRAM THIS STANDARD POWER PURCHASE AGREEMENT FOR MEMBER -OWNED SMALL-SCALE ABLE RESOURCES (Agreement), is being entered into this day, of C�� , 20 , by and between ("Seller") and Golden Valley Electric Association, Inc. ("GVEA") in order to set forth the terms and conditions under which Seller shall generate and deliver and GVEA will purchase and receive energy from Seller's member -owned renewable resource generation facility under GVEA's Experimental Renewable Resource Purchase Program. Seller and GVEA may be referred to individually as "Party," or collectively as the "Parties." Recitals: A. Seller is a member -consumer of GVEA and plans to develop a small-scale renewable resource electric generation facility that does not exceed 2,000 kW in nameplate capacity. B. GVEA wishes to promote the development of small-scale renewable resource electric generation facilities by its member -consumers. C. GVEA has developed this limited program and will offer it on an experimental basis, so GVEA can analyze the effects of such development on its utility system. PAGE 1 OF 16 - STANDARD POWER PURCHASE AGREEMENT FOR MEMBER -OWNED SMALL-SCALE RENEWABLE RESOURCES UNDER THE EXPERIMENTAL RENEWABLE RESOURCE PURCHASE PROGRAM D. Seller intends to construct, own, operate and maintain renewable resource facility for the generation of electric power located in District 1, of GVEA's certificated service territory with a Nameplate Capacity Rating of l eo KQ kilowatts ("kW") and as further described in Exhibit A — Description of Facility (the "Facility"). E. Seller shall sell and GVEA shall purchase the entire Net Output of the Facility, including all Environmental Attributes associated with the Facility, in accordance with the terms and conditions of this Agreement. Therefore, the Parties agree as follows: SECTION 1 ELIGIBILITY The terms and conditions set forth in this Agreement are provided by GVEA in order to promote the development of renewable resource generation facilities by GVEA member -consumers on an experimental basis. Unless otherwise expressly agreed to in writing by GVEA, Seller must, at all times, be a member -consumer of GVEA and own and operate an Approved Renewable Resource Electric Generation Facility with a nameplate capacity that does not exceed two thousand kilowatts (2,000 kW) to be eligible to sell energy to GVEA pursuant to the terms and conditions of this Agreement. SECTION 2 DEFINITIONS When used in this Agreement, the following terms shall have the following meanings: 2.1 "As -built Supplement" means the supplement to Exhibit A — Description of Facility provided by Seller in accordance with Section 5.2, describing the Facility as actually built. 2.2 "Approved Renewable Resource Electric Generation Facility" means an electric generation facility using water, biomass, geothermal, wind, or solar resources to generate power that has satisfied the terms and conditions of this Agreement. Electric generation facilities using other renewable resources may be evaluated by GVEA for inclusion in the experimental program on a case -by -case basis. 2.3 "Billing Period" means the interval between GVEA's scheduled Facility power purchase billing meter readings in the normal course of GVEA's business. Such intervals are approximately thirty (30) days long, but typically vary and may not coincide with calendar months. 2.4 "Commercial Operation Date" means the date that the Facility is deemed by GVEA to be properly interconnected to GVEA's utility system, fully operational, and ready to provide reasonably reliable energy which shall require, among other things, that all of the following have occurred: PAGE 2 OF 16 - STANDARD POWER PURCHASE AGREEMENT FOR MEMBER -OWNED SMALL-SCALE RENEWABLE RESOURCES UNDER THE EXPERIMENTAL RENEWABLE RESOURCE PURCHASE PROGRAM 366980/1/WHP/052273-0180 2.4.1 Seller has provided GVEA with a certification from a Licensed Professional Engineer (LPE), in a form reasonably acceptable to GVEA, stating that the Facility is capable of reliably generating electric power in the amounts set forth in this Agreement and in accordance with all other terms and conditions of this Agreement; and 2.4.2 Start-up Testing of the Facility has been successfully performed as required by the terms of this Agreement; and 2.4.3 Seller has provided GVEA with a certification from an LPE, in a form reasonably acceptable to GVEA, stating that: (i) all required interconnection facilities have been constructed; (ii) all required interconnection tests have been successfully completed; and (iii) the Facility is physically interconnected with GVEA's electric system in accordance with the requirements of GVEA's Generation Interconnection Requirements; and 2.4.4 Seller has provided GVEA with a certification representing and warranting that Seller has obtained all Required Facility Documents and, if requested by GVEA in writing, has provided GVEA copies of any requested Required Facility Documents. 2.5 "Commission" means the Regulatory Commission of Alaska. 2.6 "Contract Price" means the price option selected by Seller in Section 6, Contract Price. 2.7 "Contract Year" means the twelve (12) month period commencing at 00:00 hours on January 1 and ending at 24:00 hours on December 31; provided, however, that the first Contract Year shall commence on the Commercial Operation Date and end on the next succeeding December 31; and the last Contract Year shall end on the Termination Date. 2.8 "Effective Date" is the date this Agreement is executed by the authorized representatives of both Parties. 2.9 "Environmental Attributes" means any and all current or future credits, benefits, emissions reductions, environmental air quality credits, emissions reduction credits, offsets and allowances, howsoever titled, resulting from the avoidance or mitigation of the emission of any particulate, gas, chemical or other substance attributable to the Facility's operation and maintenance during the Term, or otherwise attributable to the generation, purchase, sale or use of energy from or by the Facility during the Term. This shall include, without limitation, Green Tags; Green Certificates; Renewable Energy Credits; Tradable Renewable Certificates (as those terms are commonly used in the region); and any credit, right, tag, or certificate arising out of legislation or regulation concerned with oxides of nitrogen, sulfur or carbon, with particulate matter, soot or mercury, or implementing the United Nations Framework Convention on Climate Change (the "UNFCCC") or the Kyoto Protocol to the PAGE 3 OF 16 - STANDARD POWER PURCHASE AGREEMENT FOR MEMBER -OWNED SMALL-SCALE RENEWABLE RESOURCES UNDER THE EXPERIMENTAL RENEWABLE RESOURCE PURCHASE PROGRAM 366980/i/WHP/052273-0180 UNFCCC or crediting "early action" emissions reduction, or laws or regulations involving or administered by the Clean Air Markets Division of the Environmental Protection Agency or successor administrator, or any State or federal entity given jurisdiction over a program involving transferability of Environmental Attributes, and any rights whatsoever to such Environmental Attributes. 2.10 "Experimental Renewable Resource Purchase Program" means the program established by GVEA, on an experimental basis, to purchase power from member -consumers that own and operate renewable resource generation facilities at a Nameplate Capacity Rating greater than that allowable under its Sustainable Natural Alternative Power ("SNAP") program but under a Nameplate Capacity Rating which does not exceed 2,000 kW. This program has been established in order to provide GVEA with data regarding the effect of such generation on its utility system. 2.11 "Facility" means the Approved Renewable Resource Electric Generation Facility as more specifically described in Exhibit A — Description of Facility. 2.12 "Force Majeure" has the meaning set forth in Section 13, Force Majeure. 2.13 "Generation Interconnection Agreement" means the generation interconnection agreement separately executed between Seller and GVEA, providing for the construction, operation, and maintenance of the GVEA interconnection facilities required to accommodate deliveries of Seller's Net Output. A copy of the Generation Interconnection Agreement is attached as Exhibit B — Generation Interconnection Agreement. 2.14 "Licensed Professional Engineer" or "LPE" means a person who is a licensed engineer in the state of Alaska. Such Licensed Professional Engineer shall be licensed in an appropriate engineering. discipline for the required certification being made and be acceptable to GVEA in its reasonable judgment. Certifications by an LPE can be provided by one or more LPEs, at the discretion of the Seller. l 2.15 "Maximum Net Output" is kWh of Net Output, which Seller shall deliver from the Facility to GVEA of the Point of Delivery during each Contract Year, or pro rata for Contract Years less than twelve (12) months.- 2.16 "Nameplate Capacity Rating" means the maximum capacity of the Facility as stated by the manufacturer, expressed in kW, which shall not exceed 2,000 kW. 2.17 "Net Dependable Capacity" means the maximum energy generating capacity that the Facility can realistically sustain over a specified period with due consideration to seasonal limitations and operational variability such as the availability of feedstock for fuel or a sufficient wind resource in the case of a wind -turbine generator, reduced by the capacity required for station service and other parasitic loads. j ,tr/ ��GJ 0 PAGE 4 OF 16 - STANDARD POWER PURCHASE AGREEMENT FOR MEMBER -OWNED SMALL-SCALE RENEWABLE RESOURCES UNDER THE EXPERIMENTAL RENEWABLE RESOURCE PURCHASE PROGRAM 366980/1/WIIP/052273-0180 2.18 "Net Output" means the energy, expressed in kWh, produced by the Facility over a specified period, less that amount of energy used for station service and other parasitic loads or on -site uses and less transformer and transmission losses. Net Output does not include any environmental attributes. For purposes of this Agreement, station service does not include residences, businesses or other non -generation facility uses. 2.19 "Point of Delivery" means the high side of the generation step-up transformer(s) located at the point of interconnection between the Facility and GVEA's distribution or transmission system, as specified in the Generation Interconnection Agreement. 2.20 "Prudent Electrical Practices" means those practices, methods, standards and acts engaged in or approved by a significant portion of the electric power industry in the state of Alaska and that are in compliance with the regulations for electrical safety and reliability in that state. Prudent Electrical Practices are those that at the relevant time period, in the exercise of reasonable judgment and in light of the facts known or that should reasonably have been known at the time a decision was made, would have been expected to accomplish the desired result in a manner consistent with good business practices, reliability, economy, safety and expedition, and which practices, methods, standards and acts reflect due regard for operation and maintenance standards recommended by applicable equipment suppliers and manufacturers, operational limits, and all applicable laws and regulations. Prudent Electrical Practices are not intended to be limited to the optimum practice, method, standard or act to the exclusion of all others, but rather to those practices, methods and acts generally acceptable or approved by a significant portion of the electric power generation industry in the relevant region, during the relevant period, as described in the immediately preceding sentence. 2.21 "Required Facility Documents" means all licenses, permits, authorizations, and agreements necessary for construction, operation, interconnection, and maintenance of the Facility, including, without limitation, those set forth in Exhibit C — Required Facility Documents. 2.22 "Start-up Testing" means the completion of applicable required manufacturer and performance or safety tests as certified in writing by a LPE in a form satisfactory to GVEA. 2.23 "Term" shall mean the period begimiing on the Effective Date and ending on the Termination Date. 2.24 "Termination Date" shall be the date designated in Section 3.1, or on the date the Agreement is terminated in accordance with Section I 1 or Section 12.2, whichever is earlier. 2.25 "Test Period" shall mean a period of thirty (30) consecutive days without a forced outage, or a commercially reasonable period determined by the Parties. With respect to wind -powered generation, a period of low, or no wind does not qualify as a forced outage. PAGE 5 OF 16 - STANDARD POWER PURCHASE AGREEMENT FOR MEMBER -OWNED SMALL-SCALE RENEWABLE RESOURCES UNDER THE EXPERIMENTAL RENEWABLE RESOURCE PURCHASE PROGRAM 366980/1/WI-IP/052273-0180 SECTION 3 TERM; COMMERCIAL OPERATION DATE 3.1 Thq term of this Agreement sh --commence on the Effective Date and shall end on � <D . [date to be chosen by Seller, but no more than twenty (20) years from the Commercial Operations Date], unless terminated sooner. Seller. 3.2 Seller's ability to meet the following requirements shall be material obligations'of 3.2.1 On or before Q ,. [date to be determined by the Seller and mustre eas ably acceptable to GVEA], Seller shall begin initial deliveries of Net Output; and 3.2.2 On or before �j � ., +mate to be determined by the Seller and must be reasonably acceptable to GVEA], Seller shall have completed all requirements provided in Section 2.4, Commercial Operation Date, and shall have established the Commercial Operation Date, which Seller shall certify in a writing executed by an authorized representative of Seller and acknowledged in the same manner by GVEA. SECTION 4 REPRESENTATIONS AND WARRANTIES 4.1 Seller represents and warrants as follows: 4.1.1 Seller is a member -consumer of GVEA. 4.1.2 Seller has the requisite power and authority to enter' into this Agreement and to perform according to the terms hereof, including obtaining all required regulatory approvals to make sales from the Facility. 4.1.3 Seller has taken all actions required to authorize the execution, delivery and performance of this Agreement and the consummation of the transactions contemplated hereby. 4.1.4 Seller has an Approved Renewable Resource Electric Generation Facility. 4.1.5 Seller will design and operate the Facility consistent with Prudent Electrical Practices. 4.1.6 Seller has obtained all Required Facility Documents, PAGE 6 OF 16 - STANDARD POWER PURCHASE AGREEMENT FOR MEMBER -OWNED SMALL-SCALE RENEWABLE RESOURCES UNDER THE EXPERIMENTAL RENEWABLE RESOURCE PURCHASE PROGRAM 366980/1/WHP/052273-0180 4.1.7 Seller will deliver all the Net Output from the Facility to GVEA at the Point of Delivery, but such deliveries shall not exceed the Maximum Net Output. 4.1.8 Seller has an effective Generation Interconnection Agreement with GVEA for a term of not less than the term of this Agreement. 4.2 GVEA represents and warrants as follows: 4.2.1 GVEA is duly organized and validly existing under the laws of the state of Alaska. 4.2.2 GVEA has the requisite power and authority to enter into this Agreement and to perform according to the terms hereof, including all required regulatory authority to make purchases from the Facility. 4.2.3 GVEA has taken all actions required to authorize the execution, delivery and performance of this Agreement and the consummation of the transactions contemplated hereby. 4.3 If, at any time during this Agreement, any Party obtains actual knowledge of any event or information which would have caused any of the representations and warranties in this Section 4 to have been materially untrue or misleading when made, whether the event occurred or information was acquired before or after the Effective Date, such Party shall provide the other Party with written notice of the event or information, the representations and warranties affected, and the action, if any, which such Party intends to take to make the representations and warranties true and correct. The notice required pursuant to this Section 4 shall be given as soon as practicable after the occurrence of each such event. SECTION 5 DELIVERY OF POWER 5.1 Commencing on the Commercial Operation Date and continuing through the Terns of this Agreement, Seller shall sell and GVEA shall purchase the entire Net Output delivered from the Facility at the Point of Delivery. 5.2 Upon completion of construction of the Facility, Seller shall provide GVEA an As -built Supplement to specify the Facility as actually built. Seller shall not increase the Nameplate Capacity Rating above that specified in Exhibit A — Description of Facility, or increase the ability of the Facility to deliver Net Output in quantities in excess of the Net Dependable Capacity, or the Maximum Net Output as described in Section 4 above, through any means, including, but not limited to, replacement, modification, or addition of existing equipment, except with prior approval by GVEA. In the event Seller increases the Nameplate Capacity Rating of the Facility pursuant to this section, GVEA shall pay the Contract Price for the additional delivered Net Output; provided, however, that for the purposes of this Agreement, PAGE 7 OF 16 - STANDARD POWER PURCHASE AGREEMENT FOR MEMBER -OWNED SMALL-SCALE RENEWABLE RESOURCES UNDER THE EXPERIMENTAL RENEWABLE RESOURCE PURCHASE PROGRAM 366980/1/WHP/052273-0180 the Nameplate Capacity Rating shall not be increased above 2,000 kW and GVEA shall have no obligation to pay for additional delivered Net Output resulting from such an increase. If Seller increases the ability of the Facility to deliver Net Output without prior approval by GVEA, GVEA may, in its sole discretion, terminate this Agreement. 5.3 Unless otherwise agreed to in writing by GVEA, all costs associated with the modifications to GVEA's interconnection facilities or electric system occasioned by or related to the interconnection of the Facility with GVEA's system, or any increase in generating capability of the Facility, or any increase of delivery of Net Dependable Capacity from the Facility, are the responsibility of the Seller. 5.4 Any and all Environmental Attributes produced with respect to the Facility shall be the property of GVEA, and Seller shall not represent that such Environmental Attributes belong to Seller; provided, however, that any applicable production tax credits shall be the property of Seller. SECTION 6 CONTRACT PRICE 6.1 GVEA shall pay Seller the contract price option of either Section 6.1.1 or Section 6.1.2 selected below, pursuant to this Section 6. Seller shall indicate which price option it chooses by causing its authorized representative to place their- initials indicating Seller's pricing option choice below. 6.1.1 Fixed Price of per kWh (for the term of the Agreement); or 6.1.2 (� GVEA's avoided cost price (adjusted quarterly). Except as provided in this Agreement, Seller's selection is for the Term and shall not be changed during the Term. 6.2 Each Party agrees that, if it seeks to amend any applicable avoided cost pricing methodology or wholesale power sales tariff during the Term of the Agreement, such change or amendment will not in any way affect this Agreement without the prior written consent of the other Party. Each Party further agrees that it will not assert a claim or cause of action, or defend itself, on the basis that any applicable tariff is inconsistent with this Agreement. SECTION 7 OPERATION AND CONTROL 7.1 Seller shall operate and maintain the Facility in a reliable and safe manner in accordance with the Generation Interconnection Agreement and Prudent Electrical Practices. GVEA shall have no obligation to purchase Net Output from the Facility to the extent the interconnection of the Facility to GVEA's electric system is disconnected, suspended or PAGE 8 OF 16 - STANDARD POWER PURCHASE AGREEMENT FOR MEMBER -OWNED SMALL-SCALE RENEWABLE RESOURCES UNDER THE EXPERIMENTAL RENEWABLE RESOURCE PURCHASE PROGRAM 366980/I/WI-IP/052273-0180 interrupted, in whole or in part, pursuant to the Generation Interconnection Agreement, or to the extent generation curtailment is required as a result of Seller's noncompliance with the Generation Interconnection Agreement. Such curtailments shall not be consider a Farce Majeure event. Upon reasonable notice to Seller, GVEA shall have the right to inspect the Facility to confirm that Seller is operating the Facility in accordance with this Agreement. Seller is solely responsible for the operation and maintenance of the Facility. GVEA shall not, by reason of its decision to inspect or not to inspect the Facility, or by any action or inaction taken with respect to any such inspection, assume or be held responsible for any liability or occurrence arising from the operation and maintenance by Seller of the Facility. 7.2 Seller agrees to provide fourteen (14) days advance written notice of any scheduled maintenance that would require shut -down of the Facility for any extended period of time. 7.3 If the Facility ceases operation for unscheduled maintenance or as the result of a forced outage or curtailment exceeding fifty percent (50%) of Net Dependable Capacity (other than curtailments due to lack of motive force, i.e., no wind resource), Seller immediately shall notify GVEA of such unscheduled outage, the time when any remedial work has occurred or will occur, and the anticipated duration of the outage. Seller shall take all reasonable measures and exercise commercially reasonable efforts to avoid unscheduled maintenance and forced outages, and to limit the duration of such unscheduled maintenance and outages. SECTION 8 METERING 8.1 GVEA shall design, furnish, install, own, inspect, test, maintain and replace all metering equipment at Seller's cost and as required pursuant to the Generation Interconnection Agreement. 8.2 Metering shall be performed at the location and in a manner consistent with this Agreement and as specified in the Generation Interconnection Agreement. All Net Output purchased hereunder shall be adjusted to account for electrical losses, if any, between the point of metering and the Point of Delivery, so that the purchased amount reflects the net amount of energy flowing into GVEA's system at the Point of Delivery. 8.3 GVEA shall periodically inspect, test, repair and replace the metering equipment as provided in the Generation Interconnection Agreement. If any of the inspections or tests discloses an error exceeding two percent (2%) of the actual energy delivery, either fast or slow, proper correction, based upon the inaccuracy found, shall be made of previous readings for the actual period during which the metering equipment rendered inaccurate measurements, if that period can be ascertained. If the actual period cannot be ascertained, the correction shall be made to the measurements taken during the time the metering equipment was in service since last tested, but not exceeding three (3) months, in the amount the metering equipment shall have been shown to be in error by such test. Any correction in billings or payments resulting from a correction in the meter records shall be made in the next monthly billing or payment rendered. PAGE 9 OF 16 - STANDARD POWER PURCHASE AGREEMENT FOR MEMBER -OWNED SMALL-SCALE RENEWABLE RESOURCES UNDER THE EXPERIMENTAL RENEWABLE RESOURCE PURCHASE PROGRAM 366980/I/WHP/052273-0180 Such correction, when made, shall constitute full adjustment of any claim between Seller and GVEA arising out of the inaccuracy of metering equipment. 8.4 To the extent not otherwise provided in the Generation Interconnection Agreement, all of GVEA's costs relating to all metering equipment installed to accommodate Seller's Facility shall be borne by Seller. SECTION 9 BILLINGS, COMPUTATIONS AND PAYMENTS 9.1 On or before the thirtieth (30th) day following the end of each Billing Period, GVEA shall send to Seller payment for Seller's deliveries of Net Output to GVEA, together with computations supporting such payment. GVEA may offset any such payment to reflect amounts owing from Seller to GVEA pursuant to this Agreement, the Generation Interconnection Agreement, and any other agreement between the Parties. 9.2 GVEA shall have up to eighteen (18) months to adjust any payment made pursuant to Section 9.1. In the event GVEA determines it has overpaid Seller for any reason, GVEA may adjust Seller's future payments accordingly in order to recapture any overpayments in a commercially reasonable time. 9.3 Any amounts owing after the due date thereof shall bear interest at a rate equal to GVEA's cost of capital plus one percent (1%) from the date due until paid; provided, however, that the interest rate shall at no time exceed the maximum rate allowed by applicable law. SECTION 10 DEFAULT, REMEDIES AND TERMINATION 10.1 The following events shall constitute defaults under this Agreement: 10.1.1 Breach by Seller or GVEA of a material term, including, without limitation, a breach of any representation or warranty set forth in this Agreement. 10.1.2. Seller's loss of eligibility required under Section 1. 10.1.3 Seller's inability to meet requirements of Section 3.2 10.1.4 Failure of GVEA to make any required payment pursuant to Section 9.1, unless disputed in good faith. 10.2 In the event of a default hereunder, the non -defaulting Party may immediately terminate this Agreement at its sole discretion by delivering written notice to the other Party, and may pursue any and all legal or equitable remedies provided by law or pursuant to this Agreement. Such termination shall be effective upon the date of delivery of notice, as provided in Section 21. The rights provided in this Section 10 are cumulative such that the exercise of one or more rights shall not constitute a waiver of any other rights. PAGE 10 OF 16 - STANDARD POWER PURCHASE AGREEMENT FOR MEMBER -OWNED SMALL-SCALE RENEWABLE RESOURCES UNDER THE EXPERIMENTAL RENEWABLE RESOURCE PURCHASE PROGRAM 366980/t/WHP/052273-0180 10.3 If this Agreement is terminated pursuant to this Section 10, GVEA shall make all payments, within thirty (30) days, pursuant to the terms of this Agreement, that are owed to Seller as of the time of receipt of notice of default. GVEA shall not be required to pay Seller for any Net Output delivered by Seller after such notice of default. 10.4 Sections 10, 11, and 20 shall survive termination of this Agreement. SECTION 11 INDEMNIFICATION AND LIABILITY 11.1 Seiler agrees to defend, indemnify and hold harmless GVEA, its directors, officers, agents, and representatives against and from any and all loss, claims, actions or suits, including costs and attorney's fees, both at trial and on appeal, resulting from, or arising out of or in any way connected with Seller's delivery of electric power to GVEA or with the Facility or any appurtenant facilities at, or prior to, the Point of Delivery, or otherwise arising out of this Agreement, including, without limitation, any loss, claim, action or suit, for or on account of injury, bodily or otherwise, to, or death of, persons, or for damage to, or destruction or economic loss of property belonging to GVEA, Seller or others, except to the extent such loss, claim, action or suit may be caused by the negligence of GVEA, its directors, officers, employees, agents or representatives. 11.2 GVEA agrees to defend, indemnify and hold harmless Seller, its directors, officers, agents, and representatives against and from any and all loss, claims, actions or suits, including costs and attorney's fees, both at trial and on appeal, resulting from, or arising out of or in any way connected with GVEA's receipt of electric power from Seller or with the facilities after the Point of Delivery, or otherwise arising out of this Agreement, including, without limitation, any loss, claim, action or suit, for or on account of injury, bodily or otherwise, to, or death of, persons, or for damage to, or destruction or economic loss of property belonging to GVEA, Seller or others, except to the extent such loss, claim, action or suit may be caused by the negligence of Seller, its directors, officers, employees, agents or representatives. 11.3 Nothing in this Agreement shall be construed to create any duty to, any standard of care with reference to, or any liability to any person not a Party to this Agreement. No undertaking by one Party to the other Party under any provision of this Agreement shall constitute the dedication of that Parry's system or any portion thereof to the other Party or to the public, nor affect the status of GVEA as an independent public utility corporation or Seller as an independent individual or entity. 11.4 NEITHER PARTY SHALL BE LIABLE TO THE OTHER FOR SPECIAL, INDIRECT OR CONSEQUENTIAL DAMAGES, WHETHER ARISING FROM CONTRACT, TORT (INCLUDING NEGLIGENCE), STRICT LIABILITY, STATUTE, OR OTHERWISE, PAGE I I OF 16 - STANDARD POWER PURCHASE AGREEMENT FOR MEMBER -OWNED SMALL-SCALE RENEWABLE RESOURCES UNDER THE ExPERIMENTAL RENEWABLE RESOURCE PURCHASE PROGRAM 366980/1 /WI-IP/052273-0180 SECTION 12 INSURANCE 12.1 Prior to the connection of the Facility to GVEA's electric system, provided such Facility has a design capacity of 200 kW or more, Seller shall secure and continuously carry for the term hereof, with an insurance company or companies rated at least "A" by the A. M. Best Company, insurance policies for bodily injury and property damage liability. Such insurance shall be on an occurrence basis and include provisions or endorsements naming GVEA, its directors, officers and employees as additional insureds; contain provisions that such insurance is primary insurance with respect to the interest of GVEA, and that any insurance maintained by GVEA is excess and not contributory insurance with the insurance required hereunder; include a cross -liability or severability of insurance interest clause; and have provisions that such policies shall not be canceled or their limits of liability reduced without thirty (30) days prior written notice to GVEA. Initial limits of liability for all requirements under this Section 12 shall be Two Million Dollars ($2,000,000) single limit, which limits may be required to be increased or decreased by GVEA as GVEA determines in its reasonable judgment that economic conditions or claims experience may warrant. 12.2 Prior to the connection of the Facility to GVEA's electric system and at all other times such insurance policies are renewed or changed, Seller shall provide GVEA with a copy of each insurance policy required under this Section 12, certified as a true copy by an authorized representative of the issuing insurance company or, at the discretion of GVEA, in lieu thereof, a certificate in a form satisfactory to GVEA certifying the issuance of such insurance. If Seller fails to provide GVEA with copies of such currently effective insurance policies or certificates of insurance, GVEA, at its sole discretion and without limitation of other remedies, may, upon ten (10) days advance written notice by certified or registered mail to Seller, either withhold payments due Seller until GVEA has received such documents, or purchase the required insurance and offset the cost of obtaining such insurance from subsequent power purchase payments under this Agreement. 12.3 Insurance coverage shall be maintained by Seller for a minimum period of five (5) years after the completion of this Agreement and for such other length of time necessary to cover liabilities arising out of the activities under this Agreement, unless otherwise agreed. SECTION 13 FORCE MAJEURE 13.1 As used in this Agreement, "Force Majeure" or "an event of Force Majeure" means any cause beyond the reasonable control of the Seller or of GVEA which, despite the exercise of commercially reasonable diligence, such Party is unable to prevent or overcome. By way of example, Force Majeure may include, but is not limited to, acts of God, fire, flood, storms, wars, utility system outages and disturbances, hostilities,, civil strife, strikes or other labor disturbances by other than the employees of the Party claiming Force Majeure, earthquakes, fires, lightning, epidemics, sabotage, restraint by court order or other delay or failure in the performance of an obligation as a result of any action or inaction on behalf of a public authority PACE 12 OF 16 - STANDARD POWER PURCHASE AGREEMENT FOR MEMBER -OWNED SMALL-SCALE RENEWABLE RESOURCES UNDER THE EXPERIMENTAL RENEWABLE RESOURCE PURCHASE PROGRAM 366980/1/WIiP/052273-0180 which by the exercise of reasonable foresight such Party could not reasonably have been expected to avoid and which by the exercise of commercially reasonable due diligence, it shall be unable to overcome. Force Majeure, however, specifically excludes the cost or availability of resources to operate the Facility, changes in market conditions that affect the price of energy or transmission, wind or water droughts, and obligations for the payment of money when due. 13.2 If either Party is rendered unable to perform its obligations, either wholly or in part, under this Agreement because of an event of Force Majeure, that Party shall be excused from whatever performance is affected by the event of Force Majeure to the extent and for the duration of the Force Majeure, after which such Party shall re -commence performance of such obligation, provided that: 13.2.1 the non -performing Party, shall, promptly, but in any case within one (1) week after the occurrence of the Force Majeure event, give the other Party written notice describing the particulars of the occurrence; and 13.2.2 the suspension of performance shall be of no greater scope and of no longer duration than is required by the Force Majeure event; and 13.2.3 the non -performing Party uses every commercially reasonable effort to remedy its inability to perform its obligations under this Agreement. 13.3 No obligations of either Party which arose before the Force Majeure event causing the suspension of performance shall be excused as a result of the Force Majeure event. 13.4 Neither Party shall be required to settle any strike, walkout, lockout or other labor dispute on terms which, in the sole commercially reasonable judgment of the Party involved in the dispute, are contrary to the Party's best interests. 13.5 GVEA may terminate the Agreement if Seller fails to remedy Seller's inability to perform, due to an event of Force Majeure, within six (6) months after the occurrence of the event. SECTION 14 SEVERAL OBLIGATIONS Nothing contained in this Agreement shall ever be construed to create an association, trust, partnership or joint venture, or to impose a trust or partnership duty, obligation or liability between the Parties. If Seller includes two (2) or more parties, each such party shall be jointly and severally liable for Seller's obligations under this Agreement. PAGE 13 OF 16 - STANDARD POWER PURCHASE AGREEMENT FOR MEMBER -OWNED SMALL-SCALE RENEWABLE RESOURCES UNDER THE EXPERIMENTAL RENEWABLE RESOURCE PURCHASE PROGRAM 366980/t/WHP/052273-0180 SECTION 15 CHOICE OF LAW This Agreement shall be interpreted and enforced in accordance with the laws of the state of Alaska, excluding any choice of law rules which may direct the application of the laws of another jurisdiction. SECTION 16 PARTIAL INVALIDITY It is not the intention of the Parties to violate any laws governing the subject matter of this Agreement. If any of the terms of the Agreement are finally held or determined to be invalid, illegal or void as being contrary to any applicable law or public policy, all other terms of the Agreement shall remain in effect. If any terms are finally held or determined to be invalid, illegal or void, the Parties shall enter into negotiations concerning the terms affected by such decision for the purpose of achieving conformity with requirements of any applicable law and the intent of the Parties to this Agreement. SECTION 17 WAIVER Any waiver at any time by either Party of its rights with respect to a default under this Agreement or with respect to any other matters arising in connection with this Agreement must be in writing and executed by the authorized representative of the Party granting the waiver, and such waiver shall not be deemed a waiver with respect to any subsequent default or other matter. SECTION 18 GOVERNMENTAL JURISDICTION AND AUTHORIZATIONS This Agreement is subject to the jurisdiction of those governmental agencies having control over either Party or this Agreement. Seller shall, at all times, maintain in effect all local, state and federal licenses, permits and other approvals as then may be required by law for the construction, operation, and maintenance of the Facility, and shall provide, upon request, copies of the same to GVEA. SECTION 19 SUCCESSORS AND ASSIGNS This Agreement and all of the terms hereof shall be binding upon and inure to the benefit of the respective successors and assigns of the Parties. No assignment hereof by either Party shall become effective without the written consent of the other Party being first obtained, which shall not be unreasonably withheld. Notwithstanding the foregoing, either Party may assign this Agreement without the other Party's consent as part of (a) a sale of all or substantially all of the assigning Party's assets, or (b) a merger, consolidation or other reorganization of the assigning Party so long as the requirements regarding eligibility and Facility operation set forth in this PAGE 14 OF 16 - STANDARD POWER PURCHASE AGREEMENT FOR MEMBER -OWNED SMALL-SCALE RENEWABLE RESOURCES UNDER THE EXPERIMENTAL RENEWABLE RESOURCE PURCHASE PROGRAM 366980/1/WHP/052273-0180 Agreement are satisfied. This Agreement shall not impart any rights enforceable by any third party (other than a successor or permitted assignee bound to this Agreement). SECTION 20 ENTIRE AGREEMENT 20.1 This Agreement supersedes all prior agreements, proposals, representations, negotiations, discussions or letters, whether oral or in writing, regarding GVEA's purchase of Net Output from the Facility. No modification of this Agreement shall be effective unless it is in writing and signed by both Parties. 20.2 By executing this Agreement, Seller agrees to release, defend, and hold GVEA harmless from any claims related to the Facility, known or unknown, which may have arisen prior to the Effective Date. SECTION 21 NOTICES All notices, except as otherwise provided in this Agreement, shall be in writing, shall be directed as follows, and shall be considered delivered if delivered in person or when deposited in the U.S. Mail, postage prepaid by certified or registered mail and return receipt requested: To Seller: t /le�C' `� C-N— v f. with a copy to: To GVEA: Brian L. Newton, President and CEO Golden Valley Electric Association, Inc. 758 Illinois Street PO Box 71249 Fairbanks, AK 99707-1249 with a copy to: Henri F. Dale, Manager/Dispatch Golden Valley Electric Association, Inc. 758 Illinois Street PO Box 71249 Fairbanks, AK 99707-1249 21.1 The Parties may change the person to whom such notices are addressed, or their addresses, by providing written notices thereof in accordance with this Section 21. PAGE 15 OF 16 - STANDARD POWER PURCHASE AGREEMENT FOR MEMBER -OWNED SMALL-SCALE RENEWABLE RESOURCES UNDER THE EXPERIMENTAL RENEWABLE RESOURCE PURCHASE PROGRAM 366980/1/WHP/052273-0180 SECTION 22 RELATIONSHIP OF PARTIES The Parties shall not be deemed in a relationship of partners or joint venture by virtue of this Agreement, nor shall either Party be an agent, representative, trustee or fiduciary of the other. Neither Party shall have any authority to bind the other to any agreement. This Agreement is intended to secure and provide for services of each Party as an independent contractor. SECTION 23 ADDITIONAL OBLIGATIONS OF SELLER Seller is and will remain a "forward contract merchant' within the meaning of the United States Bankruptcy Code. Seller has not sold and will not sell to a third party any benefit associated with the Environmental Attributes, including, but not limited to, emissions. Seller shall not use the Environmental Attributes that are used to fulfill the requirements of this Agreement to meet any federal, state, or local renewable energy requirement, renewable portfolio standard, or other renewable energy mandate. IN WITNESS WHEREOF, the Parties hereto have caused this Agreement to be executed in their respective names as of the Effective Date. Seller: 7 By: Name: Title: GVEA: GOLDEN VALLEY ELECTRIC ASSOCIATION, INC. By: Brian L. Newton President and CEO PAGE 16 OF 16 - STANDARD POWER PURCHASE AGREEMENT FOR MEMBER -OWNED SMALL. -SCALE RENEWABLE RESOURCES UNDER THE EXPERIMENTAL RENEWABLE RESOURCE PURCHASE PROGRAM 366980/1/WHP/052273-0180 EXHIBIT A TO STANDARD POWER PURCHASE AGREEMENT FOR MEMBER -OWNED SMALL-SCALE RENEWABLE RESOURCES UNDER THE EXPERIMENTAL RENEWABLE RESOURCE PURCHASE PROGRAM DESCRIPTION OF FACILITY A. Location of Facility B. Interconnect Point on GVEA System C. /00 /C ) Capacity Rating of Facility D. Net Dependable Capacity of Facility +,�'� . E. Estimated Average Annual Net Output to be Delivered by the Facility to GVEA. — F. Type` �of +Equipment r G. If Wind Generation, the characteristics of the wind resource and other data prescribed by GVEA. �L5-- dy�QCL- Qom° 5® . Xj- EXHIBIT A 366980/ 1 /WHP/052273-0180 EXHIBIT B TO STANDARD POWER PURCHASE AGREEMENT FOR MEMBER -OWNED SMALL-SCALE RENEWABLE RESOURCES UNDER THE EXPERIMENTAL RENEWABLE RESOURCE PURCHASE PROGRAM GENERATION INTERCONNECTION AGREEMENT BETWEEN GOLDEN VALLEY ELECTRIC ASSOCIATION INC. GVEA AND 1Vo a 04% ov -Pov"tSELLE S Attached EXHIBIT B 366980/1/WHP/052273-0180 EXHIBIT C TO STANDARD POWER PURCHASE AGREEMENT FOR MEMBER -OWNED SMALL-SCALE RENEWABLE RESOURCES UNDER THE EXPERIMENTAL RENEWABLE RESOURCE PURCHASE PROGRAM N 4 REQUIRED FACILITY DOCUMENTS [Seller list all permits and authorizations required for this project] �u q EXHIBIT C 366980/1 /WHP/052273-0180 EXHIBIT D TO STANDARD POWER PURCHASE AGREEMENT FOR MEMBER -OWNED SMALL-SCALE RENEWABLE RESOURCES UNDER THE EXPERIMENTAL RENEWABLE RESOURCE PURCHASE PROGRAM START-UP TESTING [Seller identify appropriate tests] Required factory testing includes such checks and tests necessary to determine that the equipment systems and subsystems have been properly manufactured and installed, function properly, and are in a condition to permit safe and efficient start-up of the Facility, which may include, but are not limited to (as applicable): 1. Pressure tests of all steam system equipment; 2. Calibration of all pressure, level, flow, temperature and monitoring instruments; 3. Operating tests of all valves, operators, motor starters and motor; 4. Alarms, signals, and fail-safe or system shutdown control tests; 5. Insulation resistance and point-to-point continuity tests; 6. Bench tests of all protective devices; 7. Tests required by manufacturer of equipment; and 8. Complete pre -parallel checks with GVEA. Required start-up tests are those checks and tests necessary to determine that all features and equipment, systems, and subsystems have been properly designed, manufactured, installed and adjusted, function properly, and are capable of operating simultaneously in such condition that the Facility is capable of continuous delivery into GVEA's electrical system, which may include, but are not limited to (as applicable): 1. Turbine/generator mechanical runs, including shaft, vibration, and bearing temperature measurements; 2. Running tests to establish tolerances and inspections for final adjustment of bearings, shaft run -outs; 3. Brake tests; PAGE 1 — EXHIBIT D 3669 80/ 1 /wl IP/052273-0180 4. Energization of transformers; 5. Synchronizing tests (manual and auto); 6. Stator windings dielectric test; 7. Armature and field windings resistance tests; 8. Load rejection tests in incremental stages from 5, 25, 50, 75 and 100 percent load; 9. Heat runs; 10. Tests required by manufacturer of equipment; 11. Excitation and voltage regulation operation tests; 12. Open circuit and short circuit saturation tests; 13. Governor system steady state stability test; 14. Phase angle and magnitude of all PT and CT secondary voltages and currents to protective relays, indicating instruments and metering; 15. Auto stop/start sequence; 16. Level control system tests; and 17. Completion of all state and federal environmental testing requirements. PAGE 2 — EXHIBIT D 366980/ 1 /wHP/052273-0180 -i-I-I-I-10-I0 ° mr 0-ur-00-Iz@m0r0 -i U c D -i Q3 � a V O (Da O p < (DDC:0a(D 0)0 w r+ s° (D cornm0o�cD a o v ° 0 a< m D ��fi) � fiCD °:n( M O lD _ CD CD p 0 n 7 v o n - N O a O 5 0c 3 p CD a O 7 O (O y = O v O c (D° a ' O N 3 Y Fn R� O = O. O _' o 0)cr -' >S (Do ° ° 0 o. co (D :3 m 0m -a �F O O - MO 3 F;O � :3 N O (D a3 :30 a n a Q D = a < (n (D 0 (n �' (n D (D m D c� rn a ° -v O ° ° Q N a r-r 40 -co -69 W °) -.9-69-69.69- W N 49 .A .A N N - �I W 0) �I J -• W W N O CO ) Ui W v v W N co 0) ® 00000001 O O O O ffl N O O O O O {-p <A N N W O v CO Cn O O O O O 1.9 (A N W W 00 11I O (n O O O O w ao 0 O 0 O V N Cn W Efl is -.9 {fl ffl W C0 O O O 00 Cn N W .A W O 00 O N - N VP -1 J O O d) N O A Cn W (A O -� W W O 00 O CD (n m N m m O W O O O Cl) O O O O (0 O M ­4 O Cn O O O 0 0 0) O 0 0 O 00 O V CO 00 00 O -69 � Can ffl 4fl N ffl W O W (3) O0 (0 N -• N O O •P — PI00 ) O O (O N (n W" N O WJ O W O (O O W O N N {fl V Cl) W O Cn Cn Cn O O O O O O O O O w (D w 0) Ln O N W ffl (31 O � W 0) N Cn Cn O 40 N O O O O Efl Efl 4A IQ Cl) Cn O -� O O N O O Cn 'GO IJ4 4A W V Ui - N O N Cn O (n O ffl W �I O N Cn O (n O 4A ffl W W -P w O N O Cn {p W Cn O O 69 w cn O O C_ v O CD 'T1 (D O (D Sll O O D O C.0 CU O CO L C O CD CO C- r_ O CO D c (a 0 (D V `n 0. 0 Ph n O �U) V/ CL CD E Exhibit 1 Michael A. Craft 1160 Pickering Drive Fairbanks, Alaska 99709 (907) 479-5130 (907) 388-9917 macraft@acsalaska.net Professional Experience Alaska Environmental Power, LLC November 2006 — present I am currently developing two major generating facilities; one located in Healy, Alaska (20 mega- watt range) and one in Delta Junction (10 mega watt range). Both facilities are nearing the final stages of development. This project requires: ✓ Vision; ✓ Ability to anticipate the future and position oneself accordingly; ✓ Aggressive development approach; ✓ Meteorological understanding of specific weather patterns; ✓ Complete knowledge of current electrical infrastructure statewide; ✓ Understanding federal guidelines as it pertains to utilities; ✓ Civil and electrical engineering; ✓ Public relations; ✓ Business and financial planning for an approximate 30 million dollar project; and, ✓ Ability to work with and understand all agencies of federal, state and local governments, such as, Department of Environmental Conservation, Department of Transportation, Department of Natural Resources, U.S. Fish and Wildlife, U.S. Corps of Engineers, and Denali Borough Assembly. Chena Point Gravel 1999 — present For eight years I have been mining gravel for residential and commercial land development projects. Specifically pit run gravel which is the number one traded commodity in Alaska. This business requires: ✓ Business and financial planning for an approximate 4 million dollar project; ✓ Vision and forecasting future trends; ✓ Ability to work with regulatory agencies of federal, state and local governments; ✓ Extensive knowledge of heavy equipment operations and maintenance; ✓ Land planning and civil engineering; and, ✓ Public relations; Chena Point Development 1990 — present I have developed approximately 650 on the west -side of Fairbanks over the last several years resulting in 300 home sites. I have personally constructed 50 houses during this career. Responsible for: ✓ Civil engineering; ✓ Road construction; ✓ Home site development; ✓ Department of Environmental Conservation certificates, ✓ Soil reports; ✓ Land acquisition; ✓ Market analysis; ✓ Financing for potential lot owners; ✓ Technical advice (i.e. driveways, foundations, bank financing and septic systems); ✓ Real estate brokering; ✓ Ability to work with local regulatory agencies; ✓ Community planning (i.e. green spaces); ✓ Utility systems planning; ✓ Public relations; and, ✓ Thick skin Education 2007 Wind -Diesel Conference sponsored by Alaska Energy Authority Green Infrastructure Course, U.S. Fish & Wildlife, October, 2007 APU Mechanic, Army Aviation School (Maintenance): 1978-1979 General Education Diploma (GED): 1979 Col [Retired] Robert Allen Lawson 8147 Dulins Ford Road Marshall, VA 20115 540-349-4471 Mark Claypoole P.O. Box 60223 Fairbanks, AK 99706 479-7690 Cliff Benshoof, Larson's Jewlery Noble Street Fairbanks, AK 99701 456-4141 References 2 BOARD OF DIRECTORS DAN OSBORNE VICE CHAIRMAN DISTRICT I BILL DIGAN SECRETARY DISTRICT 4 RON BERGH DISTRICT 5 BILL NORDMARK CHAIRMAN DISTRICT 7 RICK SCHIKORA TREASURER DISTRICT 3 • GVEA reached a new system peak of 223 megawatts at 5 p.m. on December 19, 2007 at a tem- perature of -33'E This exceeds the system peak of 194.7 MW set the previous year. • GVEA connected 1,064 new services in 2007 bringing the to- tal of meters served to 42,814. • GVEA is owned by 32,461 members. • GVEA ranks as the second larg- est utility in the state with oper- ating revenue of $196,258,810. • GVEA serves 90,000 Interior residents from Cantwell north along the Parks Highway and from Fairbanks south to Fort Greely along the Richardson Highway. TOM DELONG • GVEA is unique in that it owns DISTRICT 2 its own generation. Outside of Alaska, only two of the more than 900 cooperatives own their own plants and transmis- sion systems. • North Pole Expansion Power Plant entered commercial ser- JOHN SLOAN vice in March 2007. The plant DISTRICT 6 burns naphtha and produces one -tenth the emissions than plants burning less efficient fuels. This plant is GVEA's most effi- cient power plant and in 2007 it saved Co-op members $16 million. GVEA experienced its safest year ever, with no lost time due to accidents. This is the first time this has happened in the 29 years GVEA has kept lost time records. Sustainable Natural Alternative Power — with 18 producers con- nected, SNAP output topped 18,800 kilowatt-hours in 2007 — enough to power two average Interior residential homes for a year. SNAP contributions through 534 accounts exceed $34,225 annually. GVEA met the 2007 goals of its Green Power Pledge utilizing a combination of conservation, hydro -electric power and power contributed by SNAP producers. The pledge called for 10 percent of the 2007 peak system load (223 MW) being supplied by re- newable sources and 20 percent by 2014. GVEA POWER SUPPLY KWH SOLD (How GVEA MEETS ENERGY NEEDS) While GVEA has the most diversified fuel infix c�r*�- Railbelt utilities, we rely heavily on oil. In 2007, natural gas -fired power from Anchorage was not available to the extent it has been in the past, which required GVEA to generate more costly power locally. The percentage of the most expensive power rose from 2 7 percent to 45 percent as shown in the chart. BRADLEY LAKE (HYDRO) ■ LOCAL PURCHASES (COAL) ■ HEALY (COAL) FBKS/NPOLE/DELTA (OIL REFINED) ■ INTERTIE (NATURAL GAS) Exhibit J 2006 2007 wi Exhibit K o 0 a L Y Q w Date: RECEIPT Order No.: Escrow: ❑ Yes CJ No Received From: Service Amount L] Title Search/Cancel Fee $ ❑ Recording Fee $ ❑ Earnest Money $ ❑ Escrow Closing Fee $ ❑ Reconveyance Fee $ ❑ Other: $ Total Amount Received: $ White: Customer Copy Received by: Yellow: Title File Copy Payment Type ❑ Cash ❑ Personal Check No. ❑ Cashier's Check No. C] Visa ❑ MasterCard YUKON TITLE CO. INC 714 GAFFNEY ROAD. FAIRBANKS, AK 99701 09/25/2008 09:14:41 Merchant ID: 000000005417779 Terminal ID: 01219447 329200779992 CREDIT CARD VISA SALE CARD # XXXX.XXXXXXXX3450 INVOICE 0001 Batch #: 000141 Approval Code: 032283 Entry Method: Manual Approved: Online SALE AMOUNT $250,00 TAX AMOUNT $0.00 .................... TOTAL AMOUNT $250.00 N '� / A J/UKON TITLE �� Company, Inc. Pink: Accounting Dept. Copy CUSTOMER COPY G`� U A R A N T E E EllrstAmen'can I.Itle- lasurance Con-gm-qy Fortn No. 1282 (Rev. 12/15/95) SCHEDULE OF EXCLUSIONS FROM COVERAGE OF THIS GUARANTEE 1. Except to the extent that specific assurances are provided in Schedule A of this Guarantee, the Company assumes no liability for loss or damage by reason of the following: (a) Defects, liens, encumbrances, adverse claims or other matters against the title, whether or not shown by the public records. (b) (1) Taxes or assessments of any taxing authority that levies taxes or assessments on real property; or, (2) Proceedings by a public agency which may result in taxes or assessments, or notices of such proceedings, whether or not the matters excluded under (1) or (2) are shown by the records of the taxing authority or by the public records. (c) (1) Unpatented mining claims; (2) reservations or exceptions in patents or in Acts authorizing the issuance thereof; (3) water rights, claims or title to water, whether or not the matters excluded under (1), (2) or (3) are shown by the public records. 2. Notwithstanding any specific assurances which are provided in Schedule A of this Guarantee, the Company assumes no liability for loss or damage by reason of the following: (a) Defects, liens, encumbrances, adverse claims or other matters affecting the title to any property beyond the lines of the land expressly described in the description set forth in Schedule (A), (C) or in Part 2 of this Guarantee, or title to streets, roads, avenues, lanes, ways or waterways to which such land abuts, or the right to main- tain therein vaults, tunnels, ramps or any structure or improvements; or any rights or easements therein, unless such property, rights or easements are expressly and specifically set forth in said description. (b) Defects, liens, encumbrances, adverse claims or other matters, whether or not shown by the public records; (1) which are created, suffered, assumed or agreed to by one or more of the Assureds; (2) which result in no loss to the Assured; or (3) which do not result in the invalidity or potential invalidity of any judicial or non - judicial proceeding which is within the scope and purpose of the assurances provided. (c) The identity of any party shown or referred to in Schedule A. (d) The validity, legal effect or priority of any matter shown or referred to in this Guarantee. 1. Definition of Terms. The following terms when used in the Guarantee mean: (a) the "Assured": the party or parties named as the Assured in this Guarantee, or on a supplemental writing executed by the Company. (b) "land": the land described or referred to in Schedule (A)(C) or in Part 2, and improvements affixed thereto which by law constitute real property. The term "land" does not include any property beyond the lines of the area described or referred to in Schedule (A)(C) or in Part 2, nor any right, title, interest, estate or easement in abutting streets, roads, avenues, alleys, lanes, ways or waterways. (c) "mortgage": mortgage, deed of trust, trust deed, or other security instrument. (d) "public records": records established under state statutes at Date of Guarantee for the purpose of imparting constructive notice of matters relating to real property to purchasers for value and without knowledge. (e) "date": the effective date. 2. Notice of Claim to be Given by Assured Claimant. An Assured shall notify the Company promptly in writing in case knowledge shall come to an Assured hereunder of any claim of title or interest which is adverse to the title to the estate or interest, as stated herein, and which might cause loss or damage for which the Company may be liable by virtue of this Guarantee. if prompt notice shall not be given to the Company, then all liability of the Company shall tormi- nate with regard to the matter or matters for which prompt notice is required; provided, however, that failure to notify the Company shall in no case prejudice the rights of any Assured under this Guarantee unless the Company shall be prejudiced by the failure and then only to the extent of the prejudice. 3. No Duty to Defend or Prosecute. The Company shall have no duty to defend or prosecute any action or proceeding to which the Assured is a party, notwithstanding the nature of any allegation in such action or proceeding. 4o Company's Option to Defend or Prosecute Actions; fluty of Assured Claimant to Cooperate. Even though the Company has no duty to defend or prosecute as set forth in Paragraph 3 above: (a) The Company shall have the right, at its sole option and cost, to institute and prosecute any action or proceeding, interpose a defense, as limited in (b), or to do any other act which in its opinion may be necessary or desirable to establish the title to the estate or interest as stated herein, or to establish the lien rights of the Assured, or to prevent or reduce loss or damage to the Assured. The Company may take any appropriate action under the terms of this Guarantee, whether or not it shall be liable hereunder, and shall not thereby concede lia- bility or waive any provision of this Guarantee. If the Company shall exercise its rights under this paragraph, it shall do so diligently. (b) If the Company elects to exercise its options as stated in Paragraph 4(a) the Company shall have the right to select counsel of its choice (subject to the right of such Assured to object for reasonable cause) to rep- resent the Assured and shall not be liable for and will not pay the fees of any other counsel, nor will the Company pay any fees, costs or expenses incurred by an Assured in the defense of those causes of action which allege matters not covered by this Guarantee. (c) Whenever the Company shall have brought an action or interposed a defense as permitted by the pro- visions of this Guarantee, the Company may pursue any litigation to final determination by a court of competent jurisdiction and expressly reserves the right, in its sole discretion, to appeal from an adverse judgment or order. (d) in all cases where this Guarantee permits the Company to prosecute or provide for the defense of any action or proceeding, an Assured shall secure to the Company the right to so prosecute or provide for the defense of any action or proceeding, and all appeals therein, and permit the Company to use, at its option, the name of such Assured for this purpose. Whenever requested by the Company, an Assured, at the Company's expense, shall give the Company all reason- able aid in any action or proceeding, securing evidence, obtaining witnesses, prosecuting or defending the action or lawful act which in the opinion of the Company may be necessary or desirable to establish the title to the estate or interest as stated herein, or to establish the lien rights of the Assured. If the Company is prejudiced by the failure of the Assured to furnish the required cooperation, the Company's obligations to the Assured under the Guarantee shall terminate. 5. Proof of Loss or Damage. In addition to and after the notices required under Section 2 of these Conditions and Stipulations have been provided to the Company, a proof of loss or dam- age signed and sworn to by the Assured shall be fur- nished to the Company within ninety (90) days after the Assured shall ascertain the facts giving rise to the loss or damage. The proof of loss or damage shall describe the matters covered by this Guarantee which constitute the basis of loss or damage and shall state, to the extent Possible, the basis of calculating the amount of the loss or damage. If the Company is prejudiced by the failure of the Assured to provide the required proof of loss or damage, the Company's obligation to such Assured under the Guarantee shall terminate. In addition, the Assured may reasonably be required to submit to exam- ination under oath by any authorized representative of the Company and shall produce for examination, inspection and copying, at such reasonable times and places as may be designated by any authorized repre- sentative of the Company, all records, books, ledgers, checks, correspondence and memoranda, whether bearing a date before or after Date of Guarantee, which reasonably pertain to the loss or damage. Further, if requested by any authorized representative of the Company, the Assured shall grant its permission, in writing, for any authorized representative of the Com- pany to examine, inspect and copy all records, books, ledgers, checks, correspondence and memoranda in the custody or control of a third party, which reasonably pertain to the loss or damage. All information desig- nated as confidential by the Assured provided to the Company pursuant to this Section shall not be disclosed to others unless, in the reasonable judgment of the Company, it is necessary in the administration of the claim. Failure of the Assured to submit for examination under oath, produce other reasonably requested information or grant permission to secure reasonably necessary information from third parties as required (5 continued) in the above paragraph, unless prohibited by law or governmental regulation, shall terminate any liability of the Company under this Guarantee to the Assured for that claim. 6. Options to Pay or Otherwise Settle Claims: Termination of Liability. In case of a claim under this Guarantee, the Company shall have the following additional options: (a) To Pay or Tender Payment of the Amount of Liability or to Purchase the Indebtedness. The Company shall have the option to pay or settle or compromise for or in the name of the Assured any claim which could result in loss to the Assured within the coverage of this Guarantee, or to pay the full amount of this Guarantee or, if this Guarantee is issued for the benefit of a holder of a mortgage or a lienholder, the Company shall have the option to purchase the indebt- edness secured by said mortgage or said lien for the amount owing thereon, together with any costs, reason- able attorneys' fees and expenses incurred by the Assured claimant which were authorized by the Company up to the time of purchase. Such purchase, payment or tender of payment of the full amount of the Guarantee shall terminate all lia- bility of the Company hereunder. In the event after notice of claim has been given to the Company by the Assured the Company offers to purchase said indebted. ness, the owner of such indebtedness shall transfer and assign said indebtedness, together with any collateral security, to the Company upon payment of the purchase price. Upon the exercise by the Company of the option provided for in Paragraph (a)•the Company's obligation to the Assured under this Guarantee for the claimed loss or damage, other than to make the payment required in that paragraph, shall terminate, including any obligation to continue the defense or prosecution of any litigation for which the Company has exercised its options under Paragraph 4, and the Guarantee shall be surrendered to the Company for cancellation. (b) To Pay or Otherwise Settle With Parties Other Than the Assured or With the Assured Claimant. To pay or otherwise settle with other parties for or in the name of an Assured claimant any claim assured against under this Guarantee, together with any costs, attorneys' fees and expenses incurred by the Assured claimant which were authorized by the Company up to the time of payment and which the Company is obligat- ed to pay. Upon the exercise by the Company of the option provided for in Paragraph (b) the Company's obligation to the Assured under this Guarantee for the claimed loss or damage, other than to make the payment required in that paragraph, shall terminate, including any obligation to continue the defense or prosecution of any litigation for which the Company has exercised its options under Paragraph 4, 7. Determination and Extent of Liability. This Guarantee is a contract of Indemnity against actual monetary loss or damage sustained or incurred by the Assured claimant who has suffered loss or dam- age by reason of reliance upon the assurances set forth in this Guarantee and only to the extent herein described, and subject to the Exclusions From Coverage of This Guarantee. The liability of the Company under this Guarantee to the Assured shall not exceed the least of: (a) the amount of liability stated in Schedule A or in Part 2; (b) the amount of the unpaid principal indebted- ness secured by the mortgage of an Assured mortgagee, as limited or provided under Section 6 of these Conditions and Stipulations or as reduced under Section 9 of these Conditions and Stipulations, at the time the loss or damage assured against by this Guarantee occurs, together with interest theron; or (c) the difference between the value of the estate or interest covered hereby as stated herein and the value of the estate or interest subject to any defect, lien or encumbrance assured against by this Guarantee. 8. Limitation of Liability. (a) If the Company establishes the title, or removes the alleged defect, lien or encumbrance, or cures any other matter assured against by this Guarantee in a reasonably diligent manner by any method, including litigation and the completion of any appeals therefrom, it shall have fully performed its obligations with respect to that matter and shall not be liable for any loss or damage caused thereby. (b) In the event of any litigation by the Company or with the Company's consent, the Company shall have no liability for loss or damage until there has been a final determination by a court of competent jurisdiction, and disposition of all appeals therefrom, adverse to the title, as stated herein. (c) The Company shall not be liable for loss or damage to any Assured for liability voluntarily assumed by the Assured in settling any claim or suit without the prior written consent of the Company. 9. Reduction of Liability or Termination of Liability. All payments under this Guarantee, except pay- ments made for costs, attorneys' fees and expenses pursuant to Paragraph 4 shall reduce the amount of liability pro tanto. 10. Payment of Loss. (a) No payment shall be made without producing this Guarantee for endorsement of the payment unless the Guarantee has been lost or destroyed, in which case proof of loss or destruction shall be furnished to the satisfaction of the Company. (b) When liability and the extent of loss or damage has been definitely fixed in accordance with these Conditions and Stipulations, the loss or damage shall be payable within thirty (30) days thereafter. 11. Subrogation Upon Payment or Settlement. Whenever the Company shall have settled and paid a claim under this Guarantee, all right of subroga- tion shall vest in the Company unaffected by any act of the Assured claimant. The Company shall be subrogated to and be entitled to all rights and remedies which the Assured would have had against any person or property in respect to the claim had this Guarantee not been issued. If requested by the Company, the Assured shall transfer to the Company all rights and remedies against any per- son or property necessary in order to perfect this right of subrogation. The Assured shall permit the Company to sue, compromise or settle in the name of the Assured and to use the name of the Assured in any transaction or litigation involving these rights or remedies. If a payment on account of a claim does not fully cover the loss of the Assured the Company shall be subrogated to all rights and remedies of the Assured after the Assured shall have recovered its principal, interest, and costs of collection. 12. Arbitration. Unless prohibited by applicable law, either the Company or the Assured may demand arbitration pur- suant to the Title Insurance Arbitration Rules of the American Arbitration Association. Arbitrable matters may include, but are not limited to, any controversy or claim between the Company and the Assured arising out of or relating to this Guarantee, any service of the Company in connection with its issuance or the breach of a Guarantee provision or other obligation. All arbitra- ble matters when the Amount of Liability is $1,000,000 or less shall be arbitrated at the option of either the Company or the Assured. All arbitrable matters when the amount of liability is in excess of $1,000,000 shall be arbitrated only when agreed to by both the Company and the Assured. The Rules in effect at Date of Guarantee shall be binding upon the parties. The award may include attorneys' fees only if the laws of the state in which the land is located permits a court to award attorneys' fees to a prevailing party. Judgment upon the award rendered by the Arbitrator(s) may be entered in any court having jurisdiction thereof. The law of the situs of the land shall apply to an arbitration under the Title Insurance Arbitration Rules. A copy of the Rules may be obtained from the Company upon request. 13. Liability Limited to This Guarantee; Guarantee Entire Contract. (a) This Guarantee together with all endorsements, if any, attached hereto by the Company is the entire Guarantee and contract between the Assured and the Company. In interpreting any provision of this Guarantee, this Guarantee shall be construed as a whole. (b) Any claim of loss or damage, whether or not based on negligence, or any action asserting such claim, shall be restricted to this Guarantee. (c) No amendment of or endorsement to this Guarantee can be made except by a writing endorsed hereon or attached hereto signed by either the President, a Vice President, the Secretary, an Assistant Secretary, or validating officer or authorized signatory of the Company. 14. Notices, Inhere Sent. All notices required to be given the Company and anystatement in writing required to befurnished the Company shall include the numberofthis Guarantee and shall be addressed to the Company at 1 First American Way, Santa Ana, California 92707, Form 1282 CLTA Guarantee (Rev. 5-3-73) Page 1 LITIGATION GUARANTEE LIABILITY: $250.00 Fee: : $250.00 PREPAID: <$250.00> Order No. Y57151-ER LG No. H 662977 SUBJECT TO THE EXCLUSIONS FROM COVERAGE, THE LIMITS OF LIABILITY AND OTHER PROVISIONS OF THE CONDITIONS AND STIPULATIONS HERETO ANNEXED AND MADE A PART OF TFUS GUARANTEE, First American Title Insurance Company a corporation herein called the Company, GUARANTEES Mike Craft herein called the Assured, against loss not exceeding the liability amount stated above which the assured shall sustain by reason of any incorrectness in the assurance which the Company hereby gives that, according to the public records, on the date state below, 1. The title to the herein described estate of interest was vested the vestee named, subject to the matters shown as Exceptions herein which Exceptions are not necessarily shown in the order of their priority; Dated: September 10, 2008 at 8:00 A.M. First American Title Insurance Company &=1 Evan Rainey Authorized Agent Form 1282 CLTA Guarantee (Rev. 5-3-73) Page 2 Title to said estate or interest at the date hereof is vested in: Alaska Envriomental Power, LLC The estate or interest in the land hereinafter described or referred to covered by this Guarantee is: A FEE ESTATE EXCEPTIONS: I. Reservations and exceptions as contained in the U.S. Patent. 2. Reservations and exceptions as contained in the State of Alaska Patent. 3. Right -of -Way Permit, ADL 45042, for public year -long access road as disclosed by State Patent recorded May 15, 1978 in Book 109 at Page 395. (affects the South 50 feet) 4. Right of public and governmental agencies in and to any portion of said land included within the boundaries of any trails, streets, roads or highways. 5. Reservation of section line easement as provided by AS 19,10.010, 19 SLA 1923, 14 STAT. 253, 43 USCA 93 and reenacted by 1721 CLA 1933. 6. Right of way easement, including terms and provisions thereof, granted to GOLDEN VALLEY ELECTRIC ASSOCIATION, INC., and their assigns and/or successors in interest, to construct, operate and maintain an electric transmission and/or telephone distribution line or system by instrument recorded June 25, 2008 as Instrument No. 2008- 012761-0. (See instrument for area affected) 7. Right of way easement, including terms and provisions thereof, granted to GOLDEN VALLEY ELECTRIC ASSOCIATION, INC., and their assigns and/or successors in interest, to construct, operate and maintain an electric transmission and/or telephone distribution line or system by instrument recorded June 25, 2008 as Instrument No. 2008- 012767-0. (See instrument for area affected) 8. Any bankruptcy proceeding not disclosed by the acts that would afford notice to said land, pursuant to Title 11, U.S.C. 549 (c) of the Bankruptcy Reform Act of 1978 and amendments thereto. 9. Occupant(s) or any parties whose rights, interests or claims are not shown by the public records but which could be ascertained by an inspection of the land described above by making inquiry of persons in possession thereof, including but not limited to, any lien or right to a lien for services, labor or material theretofore or hereafter furnished. NOTE: The subject property lies outside the area of an organized taxing district. Form 1282 CLTA Guarantee (Rev. 5-3-73) Page 3 NOTE: THIS GUARANTEE IS RESTRICTED TO THE USE OF THE ASSURED HEREIN AND IS NOT TO BE USED AS A BASIS FOR CLOSING ANY TRANSACTION AFFECTING TITLE TO SAID PROPERTY. Form 1282 CLTA Guarantee (Rev. 5-3-73) Page 4 The land referred to in this Guarantee is situated in the Fourth Judicial District, State of Alaska, and is described as follows: The East 1/2 of Section 28, Township 10 South, Range 11 East, Fairbanks Meridian; Records of the Fairbanks Recording District, Fourth Judicial District, State of Alaska. W O a g Y m y m r - t a � T N O m W ro 1p g y a pp> y a a a C. e A "1 N N 4 O W a a b CA N y A a{ T18i ao [a $A �� x k N UNi a g y N L� PW 2 F s rr �e w� Na �i O"a mZM D'0--1 om oonoa= O�"-� mzm= m'u m0 mcn 1ptnlcn O,--{i{OOzm3p mKmm N� -i D�O �a:P. �Sc DO0mmZmp-i z (h �.9 D= m'o D In o =Z-DfOi'Lcb 0>--- ,m,Op0m��i ODzm�ozc mz, i n nm m m0Z p0 D { v z z=O �zm -� �m�y'"Or x omn��o 07C.1n pZ>'m w>KMCN_ S �nD cDA zC"*Gz Iwo Oro KOZ2 r—ir �00 z � Imkn' m� O m" zccn O Z{ mrmj coT "Mmm -oy0 mOomo m mrn oz� mmx:«cnm -< m�z a m CC py T O DUl Op o cmi 3 '0 m omo yo�ET� n « y o x i Dn k a r ,p a 40 a" H NZ T � N C M m m v O Z 0 cn O C D Z a) m m D O _ m 2007-009321--0 Recording Dist: 401 - Fairbanks � 5/9/2007 6:a4 AM Pages: 1 of 1 A SK IIINIIIIIIINIIIIIIIIIIIIINIiiIIIINl�IIIIIIIII�INIIIIIIIlhIIIIIiIIi III IN Filed for Record at Request of: Yukon Title Company, Inc, AFTER RECORDING MAIL TO; Name Alaska EnViromental Power LLC Address 3 11 Airport Road City, State Zip Fair an s, AK 99709 Escrow Number; Y51984 Statutory Warranty Deed THE GRANTOR Leroy Hull, an unmarried man and Lawrence Gilbertson, an unmarried man Address: NHN RRR Road, Delta Junction, AK 99737 for and in consideration of TEN DOLLARS AND OTHER GOOD AND VALUABLE CONSIDERATION in hand paid, conveys and warrants to Alaska Enviromental Power, LLC the following described real estate, situated In the Fairbanks Recording District, Fourth Judicial District, State of Alaska: The East 1/2 of Section 28, Township 10 South, Range 11 East, Fairbanks Meridian; Records of the Fairbanks Recording District, Fourth Judicial District, State of Alaska, SUBJECT TO: Reservations and exceptions as contained in the U.S. Patent; Notes; Easements of record; and Covenants, Conditions and Restrictions, Dated this 8 day of May, 2007 eroy oil � Lawrence Gilbertson STATE OF ALASKA ) Fourth JUDICIAL DISTRICT ) ss. The foregoing instrument was acknowledged before me this 8 day of May, 2007, by Leroy Hull and Lawrence Gilbertson No Public Mary 5prankl. Notary Public to nd or the State of ALASKA State of Alaska M Cormnission Expires: My Commission Expires 10/18/08 y pins: 10/18/2008 2008-012 767-0 Recording Dist: 401 - Fairbanks 6/25/2008 12:39 PM Pages: 1 of 2 Return to: Golden Valley Electric Association PO Box 71249, Fairbanks, AK 99707 GVEA RIGHT-OF-WAY EASEMENT FOR VALUE RECEIVED, Alaska Envlromental Power. LLC of 3411 Aircort Rd Fairbanks AtC 89708 ("Grantor") hereby grants and conveys to GOLDEN VALLEY ELECTRIC ASSOCIATION, INC., an Alaska non-profit cooperative corporation of Fairbanks, Alaska ('Grantee'), and to its successors, assignees, licensees and permittees, a perpetual right-of-way easement for the construction, operation, maintenance, upgrade, and removal of electrical distribution, fiber, and/or telecommunications facilitles and related equipment, and specifically including the right of Ingress and egress to and from the right-of-way easement. The Grantee shall of all times have the right to cut and keep clear the right-of-way easement of all trees, limbs, vegetation, and other obstructions Including trees on adjoining land owned by Grantor which, were they to fail, might damage Grantee's facilities or related equipment. Grantor agrees that all such facilities and equipment Installed on the described right-of-way easement at Grantee's expense shall remain the property of Grantee. Within that parcel which to the East 1/2 of Section 28, Township 10 South, Range 11 East, Fairbanks Meridian, Alaska; records of the Fairbanks Recording District, Fourth Judicial District, Alaska, A 30-foot wide strip of land, the centerline of which In described so follows: Beginning at a point lying N87°00'37"E a distance of 861.88 ft from the Quarter Section Corner common to Sections 28 and 33, TAOS, R.11 E, F.fA., said point also being the Intanded location of a GVEA angle pole structure; from thence, proceed N27,42'63"E a distance of 326.41 ft; thence N01°03'33"W a distance of 286.04 ft to the Terminus; as shown on Exhibit A on the reverse aide of this document. Also Including such area as is determined necessary by the utility to properly Install and maintain guys and anchors for structures located upon said right-of-way, SIGNED, ACCEPTED, AND AGREED upon on ta( k1I O , bythe undersigned on behaHof the Grantor, who acknowledges that he has read and understands this document and any attachments to it, and having the authority to do so, hereby conveys and warrants the right-of-way eas ant described above. STATE OF ALASKA } ss MI set Craft, m aging Member for FOURTH JUDICIAL DISTRICT ) Alaska Envlrom lal Power, LLC, Grantor The foregoing Instrument was acknowledged before me this A:fh day of 3W-ve_ 2008, by Michael Craft, Member, on behalf of Alaska Envlromental Power, LLC, an Alaskan Limited Liability Company. GVEA NM 151IS Notary Public in and for Alaska My Commission Expires: 10JDE5b��o 111IIIIIIIIII�II IIIIIIIIIiIIIIIII 2 n( 2 2008-012767.0 c. C 2008-012761-0 Recording Dist: 401 - Fairbanks 6/25/2008 12:37 PM Pages: 1 of 2 Return to: Golden Valley Electric Association PO Box 71249, Fairbanks, AK 99707 GVEA RIGHT-OF-WAY EASEMENT FOR VALUE RECEIVED, Alaska Envlromental Power. LLC of 3411 Airport Rd Fairbanks AK 99709 CGrantor") hereby grants and conveys to GOLDEN VALLEY ELECTRIC ASSOCIATION, INC., an Alaska non-profit cooperative corporation of Fairbanks, Alaska ('Grantee'), and to its successors, assignees, licensees and permittees, a perpetual right-of-way easement for the construction, operation, maintenance, upgrade, and removal of electrical distribution, fiber, and/or telecommunications facilities and related equipment, and specifically including the right of ingress and egress to and from the rfght-of-way easement. The Grantee shall at all times have the right to cut and keep clear the right-ol-way easement of all trees, limbs, vegetation, and other obstructions including trees on adjoining land owned by Grantorwhich, were they to fall, might damage Grantee's facilities or related equipment. Grantor agrees that all such facilities and equipment installed on the described right-of-way easement at Grantee's expense shall remain the property of Grantee. Within that parcel which Is the East 1/2 of Section 28, Township 10 South, Range 11 East, Fairbanks Meridian, Alaska; records of the Fairbanks Recording District, Fourth Judicial District, Alaska. A 30-foot wide strip of land, the centerline of which is described as follows: Beginning at a point lying N87'00'37"E a distance of 861.88 ft from the Ouarter Section Corner common to Sections 28 and 33, T.10S, RAZE, F.M., said point also being the Intended location of a GVEA angle pole structure; from thence, proceed N27°42153"E a distance of 325.41 ft; thence N01'03'33"W a distance of 296.04 ft to the Terminus; ae shown on Exhibit A on the reverse aide of this document, Also Including such area as Is determined necessary by the utility to properly Install end maintain guys and anchors for structures located upon said right-of-way. SIGNED, ACCEPTED, AND AGREED upon on 51941(05 bythe undersigned on behalf of the Grantor, who acknowledges that he has read and understands this document and any attgoments to It, and having the authority to do so, hereby conveys and warrants the right-of-way eas scribed above. STATE OF ALASKA t ) $s Rfc'fiard Clymer, ?.V&ber for FOURTH JUDICIAL DISTRICT ) Alaska Envlromotal Power, LLC, Grantor The foregoing instrument was acknowledged before me this 21 W . of 2008, by Richard Clymer, Member, on b`"vs 4114ska Enviromental _ Power, LLC, bn Alaskan Limited Liability Company. eQ'`%; ` GVEA No. 13671 f NOTARY t F� `PBIBI tC� c Notary Public in and for Alaska My Commission Expires: 10 asim ,ryn�'OP Ayo"°� l�lllll)IIIMi11\\\\ �I Ililll�ll ill I IIlIIIiIINiI l� 2 of 2 2008.012761.0 BOOK 109 PAU 0395 NO._ ... �e3�.............. In> m All arts Jag 'ffi4rar f re"t" that the State of Alaska in consideration of the sum of DINE THOUSANU TWO HUNDRED AIID N01109--------------------------------------� ............................ ........... a lawful money of the United States and other Rood and valuable consideration, now paid, the receipt whereof is hereby acknowledged, does herft gmt to ................_.......__.................................... WILLIA4..M..•WAKELAIp,,.and._Fa_.MARILYN HAK1LAND AHD.!•!ILLi,r!.r. TULL..an!i.,JIME..R...TIILL. .' ................ ...... ......... ..1a.09...I:1,....4.5.ttl..Ay;wn4t�,...QnDh®raye.�..Alssha....4Q M ............ ................ _.. thei.r....., heirs and assigns all the real property situatedhathe Borough of m_- State of Alaska, described as f 9 4 -6 tea U OF SECTION 23, TOi4!15HIP 10 SOUTH, RAN&E 11 EAST, FAIRBANKS MERIDIAN, CONTAINING 320.00 ACRES, PORE OR LESS. S REC. Subject to a right-of-way permit, AOL 45042, for public U!S "-1Lt year long access road on the south 50 feet and further subject gq to a road easement right-of-way reservation to the State of 1L 06?N 18 Alaska, 100 feet in width, alonq any existing roads and/or 1, _ � U E S� L .• C Y _,�,,. trails that lnay traverse the lands, 0RES5 Township .... 19 SOUTH Range ......... ..........•• 1.1... EAST fP I°DA!IY.S Alaska, according to the official survey thereof save and except those restrictions appearing m the Federal Patent or other conveyance by which the Grantor acquired title and further, Alaska, the Grantor, expressly reserves, out of the grant hereby made, unto itself, its lessees, successors, and assigns forever, all oils, gases, coal, ores, minerals, fissionable materials, and fossils of every name, kind or description, and which may be in or tvan said lands above described, or any part thereof, and the right to explore the samo ier such oils. gas", coal, ores, mineral fissionable materials and fossils, and it also hereby expressly saves and reserves out of the grant hereby made, unto itself, its lessees, successors and assigns forever, the right to enter by '.tself, its or their agents, attorneys, sad arvants upon said lands, or any part or parts thereof, at any and all times, for the purpose of opening, developing, drilling and working mines or wells on these or other lands, and taking out and removing therefrom all such Mix, gssas, coal, ores, minerals, fissionable materials and fossils, and to that end it further expressly reserves out of the grant hKeby made, unto itself, its lessees, successors, and assigns forever, the right by its or their agents, servants and aft"Mys at any and all times to erect, construct, maintain, and use all such buildings, machinery, roads, pipelbm% power. lines, and railroads, sink such shafts, drill such wells, remove such soil, and to remain on said lands or arty part thereof for the foregoing purposes and to occupy as much of said lands as may be necessary or convenient for such Purposes hereby expressly reserving to itself, its lessees, successors, and assigns, as aforesaid, generally all rights and power in, to, and over said land, whether herein expressed or not, reasonably necessary or convenient to gender beneficial and efficient the complete enjoyment of the property and rights hereby expressly reserved. MIR RUM Ma tit 10111 the said land with the appurtenances thereof unto the said Grantee and thei.r. _. heirs and &,signs forever. Jn Mrollmong 4rYr f the State of Alaska has caused these presents to be executed by the Director of the Division Of l andsnLd Depa P. ant of at"wn�atl'R�otrrra s, Plate of Alaskm, this Nth slay of..................aPRI........... .... _...... A.D. 1973 . .... _ .................................... g re lDirextor, visjon of and Water Riana el�nt State Record of Patents Vol ........HXkY.II................ 8i 1E sm s�= ® Soet6tteffite s' jk%m used Stites at 1alfbasffie, ®140so �M deposited is 41he W"m of toad Sesagoeeste whereby it ee %bat 0as at to the past of 1aa4s smAee seetles 6 (®) of t&a &aa of ease at ,Jsay To 1930 (23 S&SI. 339), the @tat® e! &U*be has setaetcd na tallastms ®oesetiet laooe t e101sse ®lase. Sao 9 s.o is 2, 9, ®, 3, 6. 1, a, s;aak alklawkswk, Vt8V%8vk16Vk► awkstrksV61 , skaskawkMak, aakaaka�ka�k, aaka�k, • t�kBBkt 00 Late 33, 36, 39, 40, 41, 42, 42, 44, 43, 40, 47, 48, 49, 31, $2, 33, Soso $3, 56, 37, so, so, GO, 61, 62, 63, 64, 63, 66. 67, 10, 71, 7a, 73, 14, 73, 76, 77, Ja, 009 Ro $2, 830 44, $So 86, 870 as, 89, 93, 94, 93• 96 91" 9s, 99, 100, 101, 102. 103p a$Ns. aVkaxkask. a�atkaaka�k, 820111801. akawkawkaak,Soso Lot 11 �4aekxxk®ak, x�k�kaskatkl ' sea. a, ots 29 30, 31, 329 33, 340 33, 36, sae. ie ak+lske sxk. wVk8V%' sknk, Salo sae. 1o, tali Sac. 13, ®al& Base 17, Late 4 il, lap 131 !taco 220 a4e 1lwi. 9t{aBtd $oa. 339 All$ to 10 see it. 11 1.0 see. 1, Late to 2, 3. 4, 3, 6, J. ®, 9, 100 11, 12, 13, 14, 13, 16, 17, 10, 19. 20. 21, 12, 23, 24, 26, 31, 34, 33, 37, 38. 39, 40 41, 42, 43, 44, 49 46. 47, 48, aSetstkask. aka�kaek, n�s�k�wak, aska�kask, Skak k , kaaka�k, aekh�ksak, Btks�ksBk, akawkaxi. rka:ks�k► 3aks�ktsk, tkaak► V. S. survey Mo. 3048 Use 20 Lots t, 2, 3o 40 S. 6. a, 0, 10, 11, 12, 13, 14, sxkaak, amkwVke as W k, akaukavk, myailkaak, akaka�kalki not. 39 Lots to 2, 3, 4, 3. 6. 7o It 9, too 11, 12, 13, 14, 13, 16o 17. 18o 19, 20, 21, 22, 23, 24, 23, 26, 27o 28, 29, 30, 31, 32 33, 34 33, 36, 37, 38, atkBakmak, b sea. 40 Late to 2, 30 so 130 140 13, Vk8Vhj 1 0 2®�e'faooffio s3ASed Ate', I��i����® Moridiss, Ateeh®a -. V. 1S as, s. 11 2.e (oessissed) y� see. 9e Leta 1p 2p 2p �p stake sal toe. ip Lets 1p 2 3 •A, !, 6, 7p "Nuke `t$n$, I4 ®wt. saki Seep 3p tots 1e 2p stss$, AI Sees s, Ail} sees of ms$t=$, 114t8$0 wt, asks Sees to, It, am%I Soo. 1t, min kNs$, SkIlktt$ sksl9ki sots 12p Late 1, 2, +, Ss sissilliki So ep tap S%NVkNB%o tkwaE, ss$ts$, xli$saEp ty$s$$i see. is, Visit, state Big Soo. 1fp Alto sees 17, Allo See. 18p Lots 1p Be see. 199 Late 1 2, 3, A, 3, d, Me slyke IM a s$sNkSt$o sea. 30, Alto lose alp Atli See. 22, Atli' see. 23, s$ see. 24p n ig tote 23p NEW See.. Yip IN%, Al see. 179 Atli Set p Atli sea. 29, tt, s$2t, 2$2341 See. 30. Lots le 29 3, e, 3, g, 7p ap 9 it, 12, 13, 14, 19 lb, 19,in, I3$2�NSp ' s�Yaw$aaEts�p takssss$1 sat. 31p t$2ISE®i$I Sows 320 svk, l 83%, S$IIsEf2k, ss$tsk2skg See. 34p All; ' gas. 33p Alto Seep 360 All. �ho.aress dsesriled MSSss;atM 19,321.86 acrse,, secordisS to t1a® ®ffisial plats of ehs Surrays ®f the said Land®, on file in the bureau of Lend sa®aaameata go IMOV yZ, That the UNITES STATSS OF AURICA, Is eoseiders® Sias of the prouis®s, sad is conformity with the sold Act of Co®srosep RAS ONES An GRANTED, sad by &hats pr®test® DOSS OEM An GRANT9 auto the said ®tots of Alaska, Mad to Its aesiSus, the erases of Land above deecribedo TO IIAT2 AND TO SOLD the sees, together with dill 06 rigkte, privileassp i usitiee and appur® 96saaess, of whatsoever amtnr@, therwuato balanging, unto the said State of Alsokap sad to its assigns f®reearo ®ebyeet to. any vetted tad accrued water right@ for minims, aSriceitesalp sane[aatnri®Sp mi a • :73 4 �ME"Tofr Exhibit L K United States Department of the FISH AND WILDLIFE SERVICE t. A 'jeaQ Fairbanks Fish and Wildlife Field Office 101 12 ' Avenue, Room 110 Fairbanks, Alaska 99701 September 30, 2008 Alaska Energy Authority 813 West Northern Lights Boulevard Anchorage, AK 99503 Dear Program Manager: Interior Re: Craft Windfarm Proposal U.K F M&WII. U175 SMVICS It has come to my attention that Mike Craft is applying for a Renewable Energy Grant with your agency. The Fish and Wildlife Service supports the exploration and development of renewable energy resources, including wind, solar and hydrokinetic. As you are aware, windfarms have the potential for impacting migratory birds if sited improperly. The Service is committed to helping the fledgling wind industry find effective locations for power generation without unduly risking birds, particularly during migration. This goal is very achievable. Mr. Craft recognized early in the planning process that windfarms have the potential for impacting birds. He contacted our office and has worked with me and my staff for the past two years. The focus of his interest has been two locations in Interior Alaska; specifically sites in the Healy and Delta areas. Mr. Craft has not only cooperated, but supported and encouraged our study of the potential for bird strike at these two locations. To date, we have found no reason to believe these two locations have any unusual characteristics that would pose a significant threat to migrating birds, however, with Mr. Craft's assistance, we are conducting a more thorough study of the Delta site in FY 2009. Working together with your agency, individuals like Mr. Craft and the industry as a whole, I'm convinced we can successfully bring significant amounts of renewable energy to Alaska residents with minimal impacts to our migratory and resident bird populations. Please feel free to contact me with any questions or for further information at 907-456-0324. Sincerely, -- Larr K. Bright Branch Chief, Conservation Planning Exhibit M DEPARTMENT OF THE ARMY U.S. ARMY ENGINEER DISTRICT, ALASKA WASHINGTON PLAZA, SUITE 206 3437 AIRPORT WAY FAIRBANKS, ALASKA 99709.4777 EPLY TO ^TTENTION OF: April 10, 2007 Regulatory Division POA-2007-629-9 Mr. Michael Craft 1160 Pickering Drive Fairbanks, Alaska 99709 Dear Mr. Craft: This is in response to your March 13,2007 request for a wetland determination for a parcel located within Section 28, T. 10 S., R. 11 E., Fairbanks Meridian; USGS Quad Map Big Delta A-4; Latitude 64.02352 N., Longitude 145.59032 W.; Subdivision near Delta Junction, Alaska. The Department of the Army (DA) exerts regulatory jurisdiction over waters of the United States (U.S.), including wetlands, pursuant to Section 404 of the Clean Water Act. For regulatory purposes, the Corps of Engineers (Corps) defines wetlands as those areas that are inundated or saturated by surface or groundwater at a frequency and duration sufficient to support, and under normal circumstances do support, a prevalence of vegetation typically adapted for life in saturated soil conditions. The law requires that any individual or entity that proposes to discharge dredged and/or fill material into waters of the U.S., including wetlands, must obtain a DA permit prior to conducting the work. Based on a review of the information you furnished and information available in our office, we are unable to determine if the parcel of land contains waters of the U.S., including wetlands, under DA jurisdiction. An on -site inspection during the growing season will be required in order to conclusively determine whether the DA has jurisdiction on the parcel in question. You may avoid substantial delays by contracting to have a waters of the U.S., including wetlands, determination done for the parcel of land and providing this office with a Preliminary Jurisdictional Determination (PJD) for the site. Enclosed is a copy of Corps Special Public Notice 92-9, which explains the PJD process. Should you choose not to provide a PJD for the parcel of land, and request a site inspection by the Corps, your prompt written notification to this office is hereby requested. This will facilitate our scheduling a site inspection. Please be advised no dredge/fill material may be placed of in waters of the U.S., including wetlands, without prior written authorization from the Corps. Nothing in this letter excuses you from compliance with other Federal, State, or local statutes, ordinances, or regulations. You may contact me via email at Ellen.H.Lyons@poa02.usace.army.mil, by mail at the address above, or by phone at (907) 474-2166, it you have questions. For additional information about our Regulatory Program visit our web site at www.poa.usace.army.mil/reg. Sincerely, CONCUR CEPOA-RD LXONS/CAV/4-2166 10APR07 / (1145) K:FTNAL/ APR 2007 Ellen Lyons Project Manager Enclosures i �.�Public Notice US Army Corps ate` June 26, 1992 of Engineers Mentification No SPN 92-9 q�sska Cis r In reply refer to above ldelit94f �bQ% i2ayu i awry ranch 44g�1Qer p�saly Post Office Box 898 b"pD't/dN� Anchorage, Alaska 99506-0898 SPECIAL PUBLIC NOTICE 92-9 �nr Corps of Engineers Regulatory Program Applicant Supplied Jurisdictional Determinations The requirement to make jurisdictional determinations (JDs) of waters of the United States (U.S.), including wetlands, for Department of the Army (DA) permit requirements constitutes an increasingly significant portion of the workload of the Alaska District regulatory program. In the Alaska District, this body of work coupled with a restricted field inspection season, is a major cause of time delays in responding to requests for determinations of jurisdiction and the need for DA permits. Accordingly, the Corps of Engineers (Corps) encourages all permit applicants and others requiring jurisdictional determinations to provide a preliminary jurisdictional determination (PJD) with their permit application or other requests for determinations of jurisdiction. Time delays in responding to requests for JDs would be reduced where the application or request is accompanied by a suitable PJD supplied by the applicant or requester. It is emphasized that providing a PJD with permit applications or other requests is optional. 11be Corps will continue to honor and process all permit applications and requests for jurisdictional determinations whether or not a PJD is provided. While many agencies and larger corporations may possess in-house expertise to perform PJDs, those who do not may wish to retain the services of a consulting. f irm. A list of firms which have indicated to the Corps that they have the expertise to perform wetland delineations on a consulting basis is attached to this Special Public Notice. The Corps neither endorses nor certifies the organizations listed, however, PJDs which are adequately documented will be accepted by the Corps. Consulting firms interested in inclusion on the list are encouraged to contact this office. Applicants and requesters are under no obligation to accept wetland JDs performed by any agency other than the Corps of Engineers or the Environmental Protection Agency. The Corps is the final authority for the validity of PJDs performed by any agency or other entity. However, if an applicant or requester is willing to accept a wetland boundary determined by the Environmental Protection Agency, the U.S. Fish and Wildlife Service, or the Soil Conservation Service, and if a written statement from one of these agencies confirming that boundary is included with the PJD, the Corps will normally accept the PJD. The Ca is the final. authority with re Corps y sped to the -delineation of wetland areas and other waters of the U.S., as well as the determination of activities requiring DA permits. All wetland jurisdictional determinations -must be conducted and documented in accordance with the :7..987'torps of -Engineers Wetlands Delineation Manual (Technical Report Y-874'; dated January, 1987). The Corps will review all Pas to verify their accuracy and consistency with the requirements of the manual. Copies of wetland delineation forms are available upon request at the address listed :,billow. Assistance and further information regarding the above and'all other aspects of the Corps of Engineers Regulatory Program may be obtained by contacting: Regulatory Branch Corps of Engineers Post Office Box 898 Anchorage, Alaska 99506-0898 (907) 753-2712 or Toll free, in Alaska only, (800) 478-2712 FAX (907) 753-5567 District Engineer Alaska District, Corps of Engineers -2- Alaska Biological Research J.W. Teaford and Company Post Office Box 81934 201 Willow Court Fairbanks, Alaska 99708 Vicksburg, Mississippi 39180 (907) 455-6777 (601) 636-1193 America North, Inc. LGL Alaska Research Associates, Inc. 201 East 56th Avenue 4175 Tudor Center Drive' Suite 200 Suite 101 Anchorage, Alaska 99518 Anchorage, Alaska 99508 (907) 562-3452 (907) 276-3339 Aquatic and Wetland HDR Engineering, Inc. Construction Company 4446 Business Park Boulevard 2060 Broadway, Suite 255 Building B Boulder, Colorado 80302 Anchorage, Alaska 99503 (303) 442-5770 (907) 562-2514 CH2M/Hill Resource Analysts 2550 Denali, Sth Floor Post Office Boa 773126 Anchorage, Alaska 99503 Eagle River, Alaska 99577-3126 (907) 278-2551 (907) 694-2126 Dames and Moore Robert Senner and Company 5761 Silverado Way 201 Barrow Street, No: 6 Anchorage, Alaska 99518 Anchorage, Alaska 99501-2427 (907) 562-3366 (907) 258-4054 Falls Creek Environmental Shapiro and Associates 6740 Round Tree Drive 506 Second Avenue, Suite 1400 Anchorage, Alaska 99516 Seattle, Washington 98104 (907) 346-3341 (206) 624-9190 James M. Montgomery Consulting Engineers, Inc. 4000 Credit Union Dr. Suite 635 Anchorage, Alaska 99503 (907) 563-6669 Post Office Box 511 Bethel, Alaska 99559 (907) 543-2500 712 West 12th Street Juneau, Alaska 99801 (907) 586-4447 ATTACHMENT I Exhibit N DELTA CHAMBER OF COMMERCE October 6, 2008 Mr. Mike Craft Alaska Environmental Power LLC 3411 Airport Way Fairbanks, AK 99709 RE: Welcome to Delta Junction Chamber of Commerce Dear Mr. Craft: We at the Delta Junction Chamber of Commerce would like to welcome you and your partners as new members of our community and look forward to your input and concerns. We would also like to offer our congratulations and support of your new wind farm project that is under construction. We all feel that it is going to be a great source of economic development here in the Delta community insofar as future employment, job training, use and support of our local vendors as well as our natural and renewable energy resources. It is exciting to see that Delta Junction is the starting point for the development of renewable energy resources on the Railbelt grid and the potential for the technological advances of this project to be used throughout the State from the insight gained through this experimental program that GVEA has established. Once again, welcome to the Delta Junction Chamber of Commerce and please feel free to contact us if we can be of any assistance now or in the future. Very truly yours, Pablo Martinez 'D President of the Board PO Box 987 • Delta Junction, Alaska 99737 • 907-895-5068 • 1-877-895-5068 toll free • 907-895-5141 fax deltacc@deltachamber.org (email) 9 www.deltachamber.org (website) Z x O� D D D Z A E O K D D D K N C (D 7 N n NO '(D DJ (D Nn NC NC Nv � Oj N 7'= jN CD (D a s 3 N3 O_ O_ 3XC O O n < < m O to () < < m -p 7 CD (D O � (D O (D (D O (D 0 c a 0 v D E n w 0. (n a m' (D CD m' (D a CD < m CD < 2 (D n 2 CD n O o (n O N CD O co N ffl fA f 9 (�O �J Uri ? w O Uri A m �I A N W W N O O O O N O V j U) O CO O W w O O O O (O W N 0) N fA p W O W p J 00 0) N O 01 O O O O A 0 0 0) (n N n N K V p CD . J (O (r A O p -� N O O CD A Q) Oo O O o < O O co CD cn O O p 0 0 A cn -+ N O (D =� N CD N ffl fA ffl Efl W ffl U) ffl U7 N N CO V (3)4 0) O j j 0) (7 (D CD U1 Ln W ffl N O O O N ffi N (D C O co O A W W O �''� N O N O A (D O ('') O O J fA O (O co (3)J W PI) (0 co p N (D W O O O O (T O OO U) N �N C O (Jt N O O A?(D 0) W A 00� o N W O 00 W 0) c o CD (D O O O O O W A U) N N j < O O � y ff9 fA ffl f, N W fA fA ffl U1 -�. 7 Vt Ln CO W W te p O O W W N to O ,0,,, au V W au O W O 0) O CO O W C (� 00 (O ffl CD O N N N A V co p N N 0) O O CD -i W O V (n N ' N O O A V A O o O O O O J 0) co O o 3 0o O W m W O O W A O O O O A G W �_ fA fA to to 01 N A W Ut O Efl Efl Efl U) A U) Q7 CO a) d1 W toW -+ O U) A N O W cm 0o O O O" 00 (O W J O O N J Ou p N Q) O N" N N '' N O O U)mJ A N A O p o A O W mA m coo0 o co O O O N p A cn A ffl W t9 01 to to A cn 4 �coouq 0) A WP O �ccnn A cn (D N 0) A (O W J O -� V Q) N f) m N co (O (O O 0o O co A O A W Q) (O O W V 0o (D PO A W Efi O 0o W W 0o N V 00 N V A O O J O W W W 0) cn N W N cn d1 co 0 0 O O J -1 CO A m 0 0 -� 0) O O O -z m co p 0o V O U) U) W O O o Ut 0) O s 0) -> A Ui o Ut 69 ffl fA fA to ffl 69 fA Co V N A A O to ffl 69 -+ C" A W 0) d1 V 0o -, W U) O --� o W Un tn coV 0 W N O Cn fn p 0) -• (O W Un A Oo O N O O O W C) CD('') N N 71 J p N O p d1 m O O -+ UT O CDA A CD --� o d) j O O Ul V U7 0) CO 07 W O Cc, O o 0) O 7 N f 9 fA ffl ffl `< Cu (Dn a y �, O N N ffl Vt Efl fA ffl (0 V N A A O ffl ffl fA p cn W 0) 3 3O C C C Qu 00)o WW Od1 N O NO U) -n (D (D (D (0 ffl m AmWpW ) J O O A j W 0 O_ a (0 O W 0A m N OO V m N •< N y f9 V O 0(O A p W O 0O(D m OW O p ' D N < pO - C:) ) O o J 7 69 'GO � O O O O U) � co J A W pa) 0) U7 m N O m 0 O O U1 J W U) O N A N CT 0 0 O U) U1 0) co O w (O O O (T A 0o O W N !r 0� p O (D CO to O O N cn A N N V W O N N O O O CD (2 cn O O J p N O 0 O O O N A O O A OUt A A A O 0) O o 00 O O V W O o x (7D CD N Ln O W O O CD O� ffl W in to ffl O W O O ffl Efl Efl A W (O� ( m CD E— (D (p y N 'CO:) co COO W W V W O W J O W A U) U01 00 O W >> N N O v �. O of O Q) A Ui W N ao V Ou m N N A O O N U) N N J V m N \ O N O Ut CO O A O --� o (O O U) U) 0) O) O O o A O (O W cn O O (o W O CD N cn O O O C< ffl ffl f2 f2 ffi 3 W N O co -NN O 0) cn m Cn O W W W Un O W O d) U) co m;co co OW N O cc OW CO ffl O W m 00 00 O N -+ O CCP CVOW co V O V p N A O W A (D 0 O o O N 0 0 pN (r 0 00 O 8 X S �J /4'1L-)ALASKA Renewable EnergyFund W-DENERGY AUTHORITY Application Cost Worksheet Exhibit P Please note that some fields might not be applicable for all technologies or all project phases. Level of information detail varies according to phase requirements. 1. Renewable Energy Source The Applicant should demonstrate that the renewable energy resource is available on a sustainable basis. Annual average resource availability. 20+ MW (wind energy) average windspeed 5.59 meters per second Unit depends on project type (e.g. windspeed, hydropower output, biomasss fuel) 2. Existing Energy Generation a) Basic configuration (if system is part of the Railbelt' grid, leave this section blank) i. Number of generators/boilers/other N/A ii. Rated capacity of generators/boilers/other iii. Generator/boilers/other type iv. Age of generators/boilers/other v. Efficiency of generators/boilers/other b) Annual O&M cost (if system is part of the Railbelt grid, leave this section blank) i. Annual O&M cost for labor N/A ii. Annual O&M cost for non -labor c) Annual electricity production and fuel usage (fill in as applicable) (if system is part of the Railbelt grid, leave this section blank) i. Electricity [kWh] N/A ii. Fuel usage Diesel [gal] Other iii. Peak Load iv. Average Load v. Minimum Load vi. Efficiency vii. Future trends d) Annual heating fuel usage (fill in as applicable) i. Diesel [gal or MMBtu] N/A 1 The Railbelt grid connects all customers of Chugach Electric Association, Homer Electric Association, Golden Valley Electric Association, the City of Seward Electric Department, Matanuska Electric Association and Anchorage Municipal Light and Power. RFA AEA 09-004 Application Cost Worksheet revised 9126108 Page 1 /4'1r—) ALASKA Renewable EnergyFund _) ENERGY AUTHORITY ii. Electricity [kWh] iii. Propane [gal or MMBtu] iv. Coal [tons or MMBtu] v. Wood [cords, green tons, dry tons] vi. Other a) Installed capacity 2 MW (megawatts) b) Annual renewable electricity generation i. Diesel [gal or MMBtu] ii. Electricity [kWh] 4,468,020 kWh iii. Propane [gal or MMBtu] iv. Coal [tons or MMBtu] v. Wood [cords, green tons, dry tons] vi. Other a) Total capital cost of new system $8,363,886 b) Development cost $8,363,886 c) Annual O&M cost of new system $ 96,646 d) Annual fuel cost $ -0- 5. Project Benefits a) Amount of fuel displaced for i. Electricity 137,019,27gallons of fuel displace for one year ii. Heat iii. Transportation b) Price of displaced fuel $4,50 per gallon for diesel in Delta Junction c) Other economic benefits d) Amount of Alaska public benefits At minimum approx $5,000,000 in development costs for experimental 2MW wind farm anywhere else RFA AEA 09-004 Application Cost Worksheet revised 9126108 Page 2 /4'MIALASKA Renewable Energy Fund L) � ENERGY AUTHORITY g y 6. Power Purchase/Sales Price a) Price for power purchase/sale Avoided fuel cost/currently$0.1385per kWh 7. Project Analysis a) Basic Economic Analysis Project benefit/cost ratio See Exhibit O Payback There are Economies to Scale in wind farms, but because we are limited to 2 MW at this point because of our experimental PPA with GVEA, we feel that in this instance 20 ea 100kW turbines is a better way to approach it because it is more realistic relative to larger scale farms to achieve efficiency through redundancy of multiple turbine farms. Better economies to scale can be achieved by larger swept area ratios of 1 MW+ turbines and our location can easily support 20 MW of production. We would like to move forward with a 20 MW facility as soon as GVEA is satisfied with the findings and results of our 2 MW experimental power purchase agreement (PPA) and are ready to negotiate on a 20 MW PPA. RFA AEA 09-004 Application Cost Worksheet revised 9126108 Page 3 to O W d) W 00 00 rn �rt v Oo o=-0---c OQ= O O-0 C. C (D (D G) v 0 y �v -mat i M n Cl)�. Sn 0) --1-I oo0 o=y CD CL ai cn(n G) (a CD ��0 fD `n o C m (A � 3 fA � Efl ffl Ow69N O O O CO 00 O N OD W O m w O O o0 cn N W O O J Cn O eW IA (wfl Cn O O 00 0 0 0 O 00 9 (D 0 O En :3 A Efl CD O W O (O O - � (0 N cn W E O CM P� W N c)E m00cn 1 m � cn 3 --4- -, o cD m O QN -nE (n C Z3 - I (n c (D O- �, r ' a (n 3 — y 0 > c m fp "' -n O C. 3 � Cl) CD CD Ul 0) N �W cn W N to .P 1�, W - O (JJ1 Ou O fl.. J J 00 O J N O 00 cn O 00 O CD m N W 00 (J1 W En-nn O) Cl 0 3 C 3 co O co a n w Cl W cn o rn O 0) ka 4fl A tW to _ N to N O O) N w O O n O W V7 O) J J O O O O O O O Cl O O O O O O _ (D m 0 m ' S N Q C 7' v O n N O O 3 (D A .p cn -n J J O O O O cn O O O O ffl Hi 40 EA O) 90 469 1.9 ) O W rncncnn00M O O O 00 fW 0 0 Cl O cn W r O O 0 0 0 0 0 0 0 0 Cl) {p 4A 09 -69 0) N O) w J O w O O W O O) S O W cn J '-I w O N w O 0 V P a wocnwoo.0,tocor mow0oomowf/) (D 0 c cc CD M. co D C N G) m m —4 (D Z � p C m O x O (D Z (D w a- m (D "TI C: 3 Q Exhibit R ALASKA ENVIRONMENTAL POWER LLC Balance Sheet 09/30/08 Current Assets: Cash in Bank -Mt Mckinley 13,163.42 Total Current Assets 13,163.42 Fixed Assets: Land -Delta Jct 329,984.00 Met Tower & Wind Turbines 128,108.34 Power Line 195,679.12 Northwind Turbine 366,807.00 Organization Expense 16,258.12 ------------ Total Fixed Assets 1,036,836.58 TOTAL ASSETS 1,050,000.00 Liabilities: Total liabilities .00 Equity. Total Partners Equity 1,050,000.00 ------------ LIABILITIES & PARTNERS EQUITY 1,050,000.00 10/06/2008 14:02 907-456-5808 GREER TANK AND WELD PAGE 01/01 GREER mnapwam Steel ■ Tanks r Welding Exhibit 5 10/06/08 Alaska Environmental Power,LLC 3411 Airport Way Fairbanks, Alaska 99709 Attn: Mike Craft Ph: 907-388-9917 Fax: 907-479-5029 Re: Wind Generator tower fabrication Mr, Craft, Greer Tank & Welding proposes to supply 1 each fabricated three section toy er assembly per your plans and specs submitted for quotation in September of 2008. Total price - $174,000.1 0 per total assembly, FOB — Fairbanks, Alaska Pricing includes Materials as specified, coatings similar to those stated & fab Ication tolerances similar to those called out in specifications. Greer is not responsible for any rights infringements from the original design. Greer realizes this may lead to future orders but reserves the right to limit thli fabrication to just one assembly at this time. We wish to allow Greer an opportunity to experience the fabricatior of the first unit and evaluate whether we want to continue with this type of fabrication or not. Please call with any questions or concerns. Sincerely, Mark E, Greer Gen. Manager Greer Tank & Welding, Inc. Anchorage, Alaska P.O, Box 190708, 2921 Ihtornational Airport Ronsl, Aocltoragc, AK 99519 / 1,80t 770.8265 / 907-2432455 / Ikx 907.248-9212 Pal rbanks, Alaska 1',0, Box 71193,1140 Lakovicw brivc, Fnirbonks, AK 99707 / 1-800.77011 11 / 907-452-1711 / fna 907.45&5808 Lakewood, Wasltington 3117 1071" Street, Wnodwortli Industriol Park, Lakcwood. WA 98499 / I-80 '725-RI OR / 253-591,4100 / fhx 251,591-4300 www.grccrtank.com GRE E R Steel Inc. Exhibit T Steel ♦ Tanks ♦ Welding October 1, 2008 Alaska Environmental Power, LLC Quote # 103 Attn: Mike Craft PH: 907-388-9917 Fax:907-479-5029 Ref: Wind farm Accessories Greer Tank & Welding, Inc. - Fairbanks, AK. is pleased to offer the following quotation in response to your request: OTY1 DESCRIPTION WEIGHT I PRICE EA. I EXT. PRICE 19 38 Ea. 20 Carbon Steel Tube 8' Dia. X 16' Long x 3/16" A36 Carbon Steel 3200# Tank Includes: • Skip Welding shall be 4 on 12 PJP • Exterior coatings (NON) Carbon Steel Embed Rings 6'Dia. X 180 Deg. x 1 '/2" x 3"Wide A36 Carbon Steel Includes: • NO Welding • 50ea. 1" Dia. Holes • Exterior coatings (NON) Carbon Steel Embed Rings 6'Dia. X 180 Deg. x '/2"x 2" Wide A36 Carbon Steel Includes: • NO Welding • 50ea. 1" Holes • Exterior coatings (NON) Notes: Carbon Steel Embed rings are priced for Water Jetting Hi-Def Plaz not recomm "Exclusions" "ANYTHING NOT SPECIFICLY MENTIONED ABOVE" TOTAL $3,980.00 $75,620.00 $2,192.50 $83,315.00 $567.00 $22,680.00 F.O.B DELIVERY TERMS OUR SHOP, Fairbanks, AK I Determined at time of order Net 30 O.A.C. Thank you for this opportunity to quote. If you should have any questions, please give me a call. Best regards, Jason Greer Jason Greer Greer Tank & Welding, Inc. THIS QUOTE IS VALID FOR 30 DAYS Anchorage, Alaska P.O. Box 190708, 2921 International Airport Road, Anchorage, AK 99519 / 1-800-770-8265 / 907-243-2455 / fax / 907-248-9212 Fairbanks, Alaska P.O. Box 71193, 3140 Lakeview Drive, Fairbanks, AK 99707 / 1-800-770-1711 / 907A52-1711 / fax / 907456-5808 Lakewood, Washington 31171071h Street S., Woodworth Industrial Park, Lakewood, WA 995499/1-800-725-81081253-581-4100 / fax / 253-581-4300 \\Tank\Users\jgreer\My Documents\Daily\Bid's\quotes\001-100\103 Mike Craft.doc Exhibit U 3050 PHILLIPS FIELD ROAD FAIRBANKS, AK 99709 P.O. BOX 60750 FAIRBANKS, AK 99706 PHONE (907) 479-2235 FAX (9070 479-2204 To: Mike craft / Alaska Environmental Power From: Pat Chambers Fax: Pages: one Phone: 388 9917 Date: 10-01-08 19 Wind Power Foundations in Delta summer season 2009 ❑ Urgent ❑ For Review ❑ Please Comment ❑ Please Reply ❑ Please Recycle 6.5 sack 3/8" Concrete with High Range Water reducer (5000 PSI) $146.40/yd. 36 Meter Boom Pump $200.00/hour Plus $3.00 for each yard pumped. If you have any further questions or needs, please feel free to call me at 479-2236 or 347-7570. Pat Chambers Concrete Manager University Redi Mix Prices good for 30 days from date of quote. Terms are net 30 days. Prices are for above project only. O A A l NiN I A I� � o I I Im L__—___—___—l_� Z m F--- -�------------------------� -T m o m r 0 I o IrI 60 m mr -a -� c� -� IMI > z �o r m m m O O oz Z nI -----------------I � O 3� ImO-� S IIS 1311 0 Z I II m m Exhibit W Northern 29 Pitman Road B arrc, Vermont 05641 1-077-90-Nortia www.northvrnpowerxoln 4 October 2008 Mike Craft Managing Partner Alaska Environmental Power 1160 Pickering Drive Fairbanks, AK 99709 Dear Mike, Northern Power looks forward to working with Alaska Environmental Power, AEP, on the next phase of your project in Delta Junction Alaska. Congratulations on the install of the first turbine. As a wind turbine manufacturer it is always important to have a strong partner to work with for each stage of the installation. The start up and commissioning team from Northern have reported back to headquarters the professional manner that you and your organization worked from the front end engineering, site preparation, foundation construction and lifting of tower, nacelle and blades. We are confident the next phase will proceed successfully when you have the funding and financing in place. Northern Power will fully support your installation with an Operation and Maintenance plan. We are open to discuss with you onsite O&M along with remote monitoring provided by our "Smart View" software. In addition to our O&M package we will offer complete training to the staff of AEP to maintain your turbines in optimal operating condition. Thank you for the confidence you have demonstrated by making the initial purchase of a Northwind 100 and commitment to install more at your Delta Junction site. The Northwind 100 has proven to be a reliable turbine for operations in Alaska and we look forward to our future together with AEP. Regards, Jim Brannen Vice President Commercial Functions Northern Power jbrannen(D-northernpower. com �;; :. .; { �. ti : _ _ ___.___ � % �� - i . ,: uT �. :. .k� f...:. .,"_ "Y Mrs _.,.�� ...:. � � . .. .... ..' .. ���,....r.. �. 1� ... ... '. .�vr..�__. 1`j... ,,-� r, -- �__�___, _�_ �.. _.. .. .. -;. - -_ � ,, -_-w ._. _ ..: ____ - - � -_ --_ -_ ;t . t �. _- _ _ - � ,ji X!,�1 ' _ � ,� �'�'" -.` �So. . _...�...�_ .. .. -.,.. .,.. ..� } ; j �.. f} t,. ..- _ �.. - -_ ` -. y .... !�, ��r :Y`i-. .__ �..-�L ��{ . - __ / �.� .� = .. ;;: -- � � ` '�,�,�` ...y,�, „rr��"''`�" y t � �°. .. � ,. r„ +�.: J�1 _ � - M _.�..-wv��.�..:.. _. -^. � f � � y; 7 � ) PN 1 tt j aT! . � �« «/ 2 ��� �� a! - >, 1 i 4 f 4 j c � 73 o LL1 1 �d .b , p 44� w sfi9"" a eV.. 4 ' 5 w/ t 1" BR 0 13 0 11 0 ~~~-----' - 13 in ,m I rl 0 75 0 • • • • • • • t p ® ALMWIF m OaQvIm OR Pon NP lolls `Wo '` F.� i I i� ir C;- s YX A� j "Amp F, �5;�+W ,: 2�� t-I Irl I I M- If. , 13 z� I ■ I ■ 1 liw .,:I 777, Exhibit Y Business History Richard Clymer, Partner Residency: 30+ year Alaskan Resident; Education: Graduate of University of Washington, 1975; Bachelor of Arts Degree -School of Business with emphasis in Accounting Professional Memberships: • Enrolled Agent licensed to practice before the Internal Revenue Service • Member of NAEA (National Association of Enrolled Agents); and • Member of NATP (National Association of Tax Preparers) • Member UWIG (Utility Wind Integration Group) • Member REAP (Renewable Energy Alaska Project) Business Enterprises: • 50% partner in Garden Properties, developing a new subdivision in Fairbanks, Alaska • 50% partner of Clymer Properties, a rental property partnership • 25% partner of Alaska Environmental Power LLC, wind farm developer • Owner and Managing Partner of Clymer, Hall & Davis Tax Preparation business in Fairbanks for over 30 years Exhibit Z Business History Marvin Hall, Partner Residency: 28 year Alaska Resident Education: Graduate of University of Washington, 1975 BABA (Accounting) Certifications: CPA (Certified Public Accountant), Washington State certificate #6789 Enrolled Agent licensed to practice before the Internal Revenue Service Professional Memberships: AICPA (American Institute of Certified Public Accountants) 1981-2006 Washington Chapter AICPA 1981-1994 Work History: U.S. Navy (Nuclear Plant Operator) 1965-1971 Education -University of Washington 1971-1975 Sites & Company, Seattle, WA 1975-1977 (junior accountant) Connecticut General Insurance Co. (Fund Manager) 1979-1980 Business Entities: 50% Partner - Clymer, Hall & Associates 1977-1979 (regional accounting) 50% Partner — Clymer, Ha//& Davis 1980-1994 (tax preparation) Franchisee of H & R Block, Fairbanks, AK 1994 to Present 50% Partner — Garden Properties, 2003 to Present 25% Partner — Alaska Environmental Power LLC, 2007 to Present