Subject: Project Sun Talking Points
From: "Michael Muldoon" <[email-masked]>
To: "Hunter Biden" <[email-masked]>
Cc: "Eric Schwerin" <[email-masked]>
Date: Mon, 6 Dec 2010 12:24:44 -0500

Hey Hunter,

Here are some general talking points to utilize on Project Sun (attached as
well).

*Project Sun Talking Points*

**

   - 49% stake in two solar projects currently under construction
      - Alamosa (Colorado):

            -35.1 MW

            -PPA Starts July 2011, 20 year term

    - Copper Crossing (Arizona)

            -23.6 MW

            -PPA Starts June 2011, 25 year term

   - Both projects qualify for ITC Cash Grant
   - Minimum IRR of 10%
   - Investment Term: 20-25 years
   - TA/RSP Raise: $112-123 million (30% cash, 70% debt)

-- 
Mike Muldoon
Rosemont Seneca Partners, LLC
1010 Wisconsin Ave., NW
Suite 705
Washington, DC 20007
(202) 333-1880
[email-masked]