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$1.2B Pipeline to Drive Growth<br />

Adding 541MW of Generating Capacity by 2016<br />

76<br />

EBITDA Growth<br />

($MM)<br />

192<br />

• Build $1.2B of contracted pipeline<br />

• 16% annual growth in generation capacity<br />

• Optimize facilities with a focused capital program<br />

• Continue asset rationalization<br />

Project<br />

MW (net)<br />

CAPEX<br />

(net $MM) COD PPA (yrs)<br />

2011 2016<br />

Minonk 118 227 2012 10<br />

Senate 88 163 2012 15<br />

Cornwall Solar 10 45 2013 20<br />

St. Damase 24 65 2014 20<br />

Morse Wind 25 65 2014 20<br />

Amherst Island 75 230 2014 20<br />

Val Eo 24 70 2015 20<br />

Chaplin Wind 177 355 2016 25<br />

TOTAL 541 1,220<br />

Combined annual EBITDA of $124 Million<br />

28

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