19th February 2015

THE POWER TO DELIVER ON YOUR GLOBAL RENEWABLE GOALS

Renewable Energy Transactions Made Simple An International Perspective

Leading global wind & solar developer

Founded in 2008 by Dr Eddie

O’Connor

Over 140 employees

11 offices in 9 countries

15,500 MW in development

803 MW in construction and operation

€352 million raised in corporate finance

€1,300 million in project level debt and equity raised

Chicago

Dublin Berlin

Glasgow

LondonCalgary

SantiagoCape Town

Johannesburg

Construct,finance and

operate renewable energy projects

Beijing

Mainstream officesCountries in which Mainstream is active

AmmanSanta Monica

Dr Eddie O’Connor, founder and CEO of Mainstream has been named World Energy Policy Leader by Scientific American magazine, and “one of the top five most influential figures in US clean energy” by Oil.com In 2014 he was awarded wind energy’s most prestigious prize, the ‘Poul la Cour’ by the European Wind Energy Association;

Prior to Mainstream he founded global renewable energy company, Airtricity, which was sold to E.ON and SSE (UK) in 2007 for €2 billion.

Global momentum

Renewable transactions

Investment(on-site or off-site)

PPA(on-site or off-site)

Green credits(RECs)

Capex intensity

Pri

ce r

isk

High

Low

HighLow

Carrickeeny wind farm

International case study: IKEA Ireland

• 8 MW: 2 stores +

• Investment, PPA & supply

• SPA Q1 2013 → operating Q1 2014

• 46 MW – IKEA’s biggest outside Europe at time

• Investment: 2X IKEA’s Canadian consumption

• Pure merchant: Alberta power pool. Hedge.

• SPA Q3 2013 → operating by Q4 2014

• Develop, deliver, O&M, management

IKEA Canada: Old Man 2 – Alberta

Add construction pics –delivery

Thank you