Novus

Windpower

Novus Wind Projects

January 2017

Project Nameplate Capacity Operational

EW 1-11 180 MW 180 MW

Noble GPW 240 MW 114 MW

DeWind Frisco 20 MW 20 MW

DeWind Novus I 160 MW 120 MW

Suzlon Novus VIII 10 MW 4 MW

Novus Wind VI 300 MW 250 MW

Novus Wind IV 360 MW 0 MW

Total: 1270 MW 688 MW

Status of sold projects as of 1/1/2017

KODE Novus I & II (120 MW, COD 2012)

O

356

1 22

7 8

9

1110

240

Kansas

Texas

1270 MW sold from 2005 to 2016

688 MW installed from 2005 to 2016

210 MW SPP Project under Exclusivity Agreement

Two large projects designated for Clean Line under Exclusivity Agreements

345 kV transmission line

Colorado (Western

Interconnect)

Novus

Projects

360

80

115 kV transmission line

10 Miles

Woodward

Exelon Wind project

Noble GPW wind project

DeWind project

Exelon / Suzlon DG projects (10 MW ea)

Clean Line projects pipeline

DeWind 20 MW SG project

MW

H

MW

MW

SPP approved double circuit 345 kV line (ISD DEC 2014)

Clean Line HVDC Terminal

Oklahoma

160210

MW

300

MW

NextEra Novus VI project

Novus III

Novus VII

CL

Apex Novus IV project

Novus Wind V projectMW

The Plains & Eastern Clean Line (720 miles, 4,500 MW capacity, ±600 kV) will

connect western Oklahoma to the Tennessee Valley Authority (TVA) and Arkansas

(MISO)

The Plains & Eastern Clean Line will connect the

Oklahoma Panhandle region to Arkansas and TVA

Interconnects with TVA 500 kV system at the Shelby Substation, 4000 MW capacity.

Interconnects with MISO 500 kV system at the Arkansas Nuclear One (ANO) to

Pleasant Hill 500-kV line, 500 MW capacity.

Wind power in Oklahoma

708

689

535

475

1,484

1,031

2,007

3,782

3,134

3,134

5,453

5,184

0 1000 2000 3000 4000 5000 6000

2016

2015

2014

2013

2012

2011

2010

2009

2008

2007

2006

2005

Chart Title

6,000 5,000 4,000 3,000 2,000 1,000

Oklahoma Incentives

• Zero Emission Tax Credit - $.05 KwH transferable through 2014, projects after 2014 receive a refund equal to 85% of value. ZETC scheduled to be eliminated in 2020.

• 5-year Ad Valorem Exemption – Phased out for all projects built after 2016.

• Investment Tax Credit – Phased out for all projects built after 2015

• 35 projects built through 2016 exceeding over $10 Billion in new investment

• Over $1 Billion in new ad valorem funding for Oklahoma schools and counties

• Over 7,000 new jobs created

• Land lease payments exceeding $10 Million annually

Oklahoma Office:Novus Windpower, LLC109 N. Sunset LaneGuymon, OK 73942

phone: (580) 338-8922fax: (512) 697-0093e-mail: mail@dwsllc.netwebpage: www.novuswind.com

Managers:Jay Lobit (818) 259-0294John Baum (805) 455-6902Soren Nielsen (971) 230-8830Shawn Lepard (405) 650-2026

Novus Contact Information