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LIPA PEAKING PLANT OPPORTUNITY

Presented to: Village of Greenport, NY

FEBRUARY 2014

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PROJECT TEAM

!COGENTRIX/CARLYLE

Project owner/operator! GLOBAL COMMON, LLC

Project developer Private energy development company Developed existing Greenport peaking plant, which was sold to Hawkeye Electric, Inc in 2003

! TWOMEY LATHAM, LLP Project counsel Largest law firm in eastern Suffolk Extensive experience with energy and environmental issues

! Engineering and construction! Environmental consulting and permitting! Plant operations

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Project Benefits

! Rent and tax revenue! Meet increasing peaking demands on East End! Replace inefficient peaking plants!Avoid new transmission from western LI! Firm up renewables! Improve local grid reliability! Help control energy costs

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