Hardin Solar III Energy Center

Hardin Solar III Energy CenterVirtual Public Information MeetingJanuary 5, 2021

Agenda Invenergy IntroductionDescription of ProjectProject ScheduleProject Components and FacilitiesProject MapProject StudiesCommunity Engagement & ImpactsOhio Power Siting Board Review and Certification ProcessContact InformationQ&A

InvenergyIntroduction

Team Introduction Development Michael Kaplan – Vice President, Renewable Development Ryan Van Portfliet – Manager, Renewable Development (Ohio Lead) Erin Saal – Senior Analyst, Renewable Development (Project Lead)Environmental Compliance and Strategy Brad Romano – Senior Manager, Environmental Compliance and StrategyEngineering Emily Paice – Senior Manager, Renewable Engineering Sean Fallon – Senior Staff Engineer, Renewable Engineering

KeyCorriegarth Wind FarmChicago HQCorporate OfficesWind ProjectsStorage ProjectsSolar ProjectsNat. Gas ProjectsToronto69 MW onshore wind; Scotland Sold to Greencoat UK Wind in 2017 Enercon’s E82 windturbine generatorsWarsawChicagoTokyoGrand Ridge Energy CenterDenverLackawanna Energy Center263 MW energy center; Illinois World’s largest co-located wind, solar &energy storage facility Storage facilityawarded the2015 InnovationAward by ESNA1,485 MW natural gas; Pennsylvania 2nd largest power plant to goonline in the US in 2018 GE’s newest, most efficient gas turbines7 HA. 02. Kiewit Constructors as EPC Equity partners: AMP Capital& BlackRock Real AssetsMexico CityKoumi KogenSan Salvador10 MWdc solar; Japan Partnered withSoftBank Energy Part of growing wind &solar development in JapanMedellínSouthern Oak Solar Energy Center160 MW solar; Georgia 30-year PPA withGeorgia Power Invenergy’s 100th operational project Largest solar project in Invenergy portfolioSanta Rita East Wind FarmEnergia del PacificoCampo Palomas300 MW wind; Texas Owned in partnership with AEP New GE 2.5MW-116 turbines Long-term offtake agreementwith Grupo Bimbo, Merck &Novartis380 MW LNG-to-power; El Salvador First natural gas access for El Salvador Will meet 30% of country’s energydemand IFC, OPIC & IDBGroup financing70 MW wind; Uruguay Acquired from Abengoa in 2016 Followed by La Jacinta solar (65 MW) Investment-grade-ratedproject bonds issuedthrough IDB GroupSantiago16525GW 37Bil 7.8Mil ransactionsHomesPoweredCars off theRoad Equivalent

Invenergy SolarExperience Harnessing the sun since 2012 todeliver low-cost renewable energy Experience includingInvenergy Solar Portfolio Serving utility, public power, and corporatecustomers Structures including PPAs andbuild/development-transferContracted:12 Projects; 2,207 MW Meeting growing demand for solarwith: Technology innovationRelationships with Tier 1 suppliersUnparallel project executionSafe & reliable operationsTotal36 Projects3,944 MWIn Operation:14 Projects; 532 MWIn Construction:10 Projects; 1,205 MW

Invenergy's Experience In Ohio"State approves projects that will createOhio's two largest solar farms" - ColumbusBusiness First, February 15, 201811 Years of Experience Developing Renewable EnergyProjects in the Buckeye State Hardin Solar I 150 MW Project located in Hardin County, OH Approved OPSB Certificate - February 15, 2018 Nearing completion of construction Logged 3,000,000 Construction Manhours from Ohio residents "Vinton County optimistic about proposedsolar-energy project" - Columbus Dispatch,September 11, 2017Commercial Operations no later than 12/31/2020Hardin Solar II Proposed 170 MW Project located in Hardin County, OH Approved OPSB Certificate - May 16, 2019Vinton Solar Proposed 125 MW Project located in Vinton County, OH Approved OPSB Certificate - September 20, 2018 Sponsorship at the VintonCounty Fair, July 2017

Hardin Solar Energy III LLC Hardin Solar Energy III LLC (Hardin Solar III) is awholly-owned subsidiary of Invenergy SolarDevelopment North America LLC (Invenergy). Preliminary diligence of the site began in early2020. Discussions with area landowners. Environmental and cultural investigations.Utilization of PJM queue positions AD1-130,AD2-086, and AD2-091.

Description ofProject

How Solar Facilities FunctionProvenTechnologyInnovativeDesignSufficient YearRoundSunlightInvenergy uses state-of-the-art photovoltaic (PV) panels to harness the sun’senergy. Nearby transmission infrastructure will deliver energy to the grid.

Hardin Solar III Energy Center The Hardin Solar III Energy Center (Project) is a 300 MWsolar-powered electric generation facility located inMarion, Roundhead, and McDonald Townships, HardinCounty, Ohio. The Project is sited approximately 15 miles southeast ofLima, adjacent to the Hardin Solar I and II facilities. The Project’s point of interconnection is the existingHardin Switch 345 kV substation, which already servesthe Hardin Solar I facility. The Project represents Invenergy’s commitment tocontinued investment in Ohio utility scale solargeneration projects.

Why Ohio? Cost Competitive Technology Solar technology is simple and scalable; its flexible and reliable. With coststhat have decreased by nearly 90% in less than a decade, solar is now one ofthe least expensive and fastest growing sources of new energy generation inthe world.Commercial and Municipal Demand City of Columbus – Proposed Electric Service Aggregation Program (BallotIssue 1) Smart Columbus Energy- Aggregation for local large corporate and industrialorganizations that consume approximately 5,000MWh or more per year. Nationwide Commercial & Industrial UsersDecarbonization goals from utilities like American ElectricPower (AEP) Renewable projects and relationship to carbon emission free energygeneration. Cleaner air/water.

Project Schedule

ScheduleDevelopment Timeline2020 - 2022DevelopmentActivities include permitting, environmental andinterconnection studies, and public feedback2022 - 2023Q4 2023ConstructionOperationsGroundbreaking, construction, inspections and QAQC,Final commissioning and certificationOperations and continuousMaintenance of equipmentand the land.

Operations / Decommissioning The operational life of the facility is expected to be at least 35years. Activities during operations include landscape and vegetative management, equipmentmonitoring and inspections, and project area security.The owner of the facility will be responsible fordecommissioning the facility at the end of its operational life,as required by the conditions put forth by the Ohio PowerSiting Board. A bond or other financial security will be put into place prior to the commencement ofconstruction to ensure that sufficient funds are available for decommissioning. Decommissioning involves the removal of equipment and the reclamation of theland.

Project Components andFacilities

Bi-facial Solar Modules Proven technology with an innovative design. Solar panels are made of glass, aluminum,copper and other common and recyclablematerials. Solar panels are safe to touch, attach to yourhome or install in your neighborhood. Solarpanels have been attached to houses, hospitalsand airports for decades. While there are different kinds of solar panels,the most common are made of silica – thesecond most abundant element on earth afteroxygen. The faces of silica panels are similar insubstance to standard household glass. Hardin Solar III will utilize panels that will passthe EPA's Toxicity Characteristic LeachingProcedure (TCLP) test.Update picture17

Single-Axis TrackingSystem Adjusts orientation towards the sunthroughout the day to harness energyat the optimal angle. Accommodates variation in groundcover plant species. Approximate 15’ total height profile atmost extreme tracking position.

Other Components & Design The Project will also include associated supportfacilities such as access roads,meteorological stations, buried electricalcollection lines, inverters, and a collectionsubstation. Conceptual engineering designs are underwayand more detailed designs will be developed byprofessional engineers prior to construction.

Project Components and Facilities The project is undergoing the design and review ofa vegetative management and landscaping plan. The vegetative management plan will dictatehow/where/what plantings will be placed under the solarpanels, as well as how those plantings are to be monitoredand maintained to ensure there are no project issues withdrainage, invasive species, and mowings or clearings. The landscape plan dictates how/where/what aestheticplantings will be placed near and around the projectarea. There are typically multiple configurations of planting‘treatments’ that can be utilized to achieve appropriateviewsheds of the project and project area.EXAMPLE CONDITION

Project Map

Project Studies

Project StudiesThe following (non-exhaustive list of) studies help inform and advance Project design, incorporateavoidance of sensitive environmental resources, and ensure a high degree of environmentalstewardship for the Project area. Ecological Site Characterization Study Wetlands and Waterbodies Delineation Vegetative Management and Landscaping Plan Applicable wildlife surveys based on consultations from state and/or federal agencies. Phase I Environmental Site Assessment

Project Studies- ContinuedThe following (non-exhaustive list of) studies inform the design of the Project from a land use and socioeconomicperspective. These studies can help create value for the local community. Phase I Cultural Resources Investigation Economic Impact Analysis Viewshed Analysis and Aesthetic ResourcesInventory Drain Tile Mapping Noise Impact Study Property Value Study Road Survey and Conceptual Traffic PlanDecommissioning Plan

Project Studies – ContinuedThe following (non-exhaustive list of) studies inform and advance Project design from an engineeringperspective. Full Geotechnical Testing (pile load tests and cone penetration tests) Hydrology Study Topography and aerial imaging

Community Engagementand Impacts

Our Invenergy Impact 216 millionTotal 2018 local economicinvestment in wages & benefits,lease payments, and state &local taxesSustainability Innovation AwardAwarded by Oracle to Invenergy in2017 for sustainability leadershipFour Star Sponsor 1.2 millionFirst sustainable power developer &operator to sponsor National FFA(Future Farmers of America formerly)Given to different cause-basedorganizations in 2019, focusingon veterans, education,emergency services &environmental stewardship#1 Renewables ReputationTop brand reputation among 1,500 companiesactive in the North American renewables market10% veteransPercent of Invenergy’s U.S.-basedworkforce who are military veteransor reservistsHIRE Vets Gold MedallionRecognized in 2019 by the US Department ofLabor for commitment to hiring veterans“Invenergy came in like a lot of big folks doand we didn’t know what to expect of them.But it’s all been a plus. It’s refreshing, to tellyou the truth, what they’ve done for us. Andwe look forward to the future.”Mike ElkinsFormer County Judge and Director,Irion County, Texas Volunteer Fire Department

Measuring theEconomic Impactsof Utility ScaleSolar in OhioConducted by the George V. VoinovichSchool of Leadership and PublicAffairs at Ohio University

Municipal / County Expected Annual PaymentDistributions Based on preliminary design andcounty tax levy rates, this tableshows a baselineapproximation/minimum of theannual municipal and countypayments that could be made bythe Project. The breakdown by township isroughly 60% - 20% - 20%,respectively. Other and/or additional paymentsare possible.Marion Township McDonald TownshipRoundhead Township 373,128.60 122,033.90 116,337.52Township 93,282.15 40,677.97 63,985.64SchoolVocationalSchools 970,134.36 317,288.14 302,477.56 80,844.53 26,440.68 25,206.46Other Levies 102,610.36 33,559.32 31,992.82 1,620,000.00 540,000.00 540,000.00CountyTotal