1. 1 Siting, Real Estate and Interconnection Issues for Wind Projects Tim Conboy IPED Financing Windpower May 8, 2008

2. 2 Outline Introduction Development Process Siting Real Estate Interconnection Summary

3. 3 Wind Long-term developer, owner & operator Manufacture AW-1500 1.5 MW wind turbine generator #1 globally in project development (4,690 MW/175 projects) Own/operate 3,465 MW of wind generation Thermal & PV Solar – develop, own & operate projects Small Hydro – own & operate in Spain Biomass – 1 st straw-fired plant in southern Europe Biofuels – biodiesel and bioethanol production facilities Acciona Energy

4. 4 Development Process Preliminary Investigation Local Government Consultation Environmental Impact Studies Transmission Interconnection Wind Resource Measurement Land Access Permitting Project Financing Preliminary Design & Engineering Final Design & Engineering Power Marketing Critical Issues Analysis

5. 5 Siting Wind resource Compatible land Nearby transmission No undue environmental impacts Power market Local government & community interest

6. 6 Real Estate Wind energy lease Payment – calculation (gross revenues) Landowners without turbines Assignment – consents Actual location of facilities Hunting rights Transmission interconnection Obtaining adequate ROW Use of existing ROW Land control - as a solution Setbacks, noise Mitigation efforts (wetlands, avian)

7. 7 Interconnection Land Control Competition Curtailment Equipment Selection Interconnection Agreement

8. 8 Summary Development Process Siting Real Estate Interconnection