1. 1 Overview of the Open Solicitation Process for the New England Clean Power Link A Presentation by the Independent Evaluator For the Webex Information Session Vincent Musco vmusco@bostonpacific.com 202.296.5520 November 10, 2015

2. REMINDERS A.Submit questions to aswett@bostonpacific.comaswett@bostonpacific.com B.Please mute your phones C.All questions posted on FAQ section of website 1

3. OVERVIEW OF OPEN SOLICITATION FERC-regulated sale of transmission capacity Purpose: identify, in an open and transparent manner, the parties with whom TDI-NE will negotiate for transmission rights on the NECPL Part 1: Identify parties for negotiations Part 2: Negotiations with selected parties 2

4. INTENT OF OPEN SOLICITATION Intent is to fully subscribe NECPL through the Open Solicitation 3

5. REGULATORY BASIS NECPL is a “merchant” project Negotiated rate authority granted by FERC Condition: hold an Open Solicitation See March 10, 2014 FERC Order 4

6. BOSTON PACIFIC’S ROLE Boston Pacific’s roles include: Follow FERC-established guidelines Evaluate Expressions of Interest Ensure that the Open Solicitation is fair, transparent, and not unduly discriminatory 5

7. HOW TO PARTICIPATE 1.Register at www.necplinkos.comwww.necplinkos.com 2.Submit non-binding “Expression of Interest” by December 4 If Selected: 3.Negotiate/Execute Precedent Agreement 4.Negotiate/Execute Transmission Service Agreement 6

8. EXPRESSIONS OF INTEREST Due December 4, 2015 at 5:00 EST Required to be considered for negotiations w/ TDI-NE Non-binding Submission directions: Fill out in full Send to vmusco@bostonpacific.comvmusco@bostonpacific.com Or, upload to www.necplinkos.comwww.necplinkos.com Access EOI at http://www.necplinkos.com/docs/open-solicitation/NECPL-Expression-of- Interest-Form.pdf http://www.necplinkos.com/docs/open-solicitation/NECPL-Expression-of- Interest-Form.pdf 7

9. EXPRESSIONS OF INTEREST Five Sections I.Contact Information II. Credit Information A.Credit Rating B.Tangible Net Worth C.Additional Documentation (Optional) III. Desired Features for Transmission Rights A.Capacity (in MW) B.Term C.Start Date IV. Statement on Ability to Advance New England Public Policy Goals of GHGs Reductions and Supply Diversity A.Additional Documentation (Optional) V. Certifications 8

10. EVALUATION PROCESS Threshold selections based on: 1.Level of creditworthiness 2.Anticipated amount of reserved capacity (min 50 MW) 3.Anticipated length of term 4.Financial strength 5.Desired date for the commencement of transmission service 6.Ability to advance New England public policy goals promoting greenhouse gas reductions and supply diversity 9

11. TIMELINE 10

12. QUESTIONS? Now: Email aswett@bostonpacific.comaswett@bostonpacific.com After this information session, questions should be submitted to: Vincent Musco vmusco@bostonpacific.com (202) 296.5520vmusco@bostonpacific.com Questions (and answers) will be added to FAQs See http://www.necplinkos.com/docs/open-solicitation/NECPL-OS- Public-FAQs.pdfhttp://www.necplinkos.com/docs/open-solicitation/NECPL-OS- Public-FAQs.pdf 11