Subject: Re: Project Sun Talking Points
From: "Eric Schwerin" <[email-masked]>
To: "Michael Muldoon" <[email-masked]>
Cc: "Hunter Biden" <[email-masked]>
Date: Mon, 6 Dec 2010 12:31:36 -0500

H- I asked Mike to put this together so we weren't both always struggling to have the numbers/facts in front of us.   Thanks, Mike.  This is really helpful.

Eric D. Schwerin
Rosemont Seneca Partners, LLC
1010 Wisconsin Ave., NW
Suite 705
Washington, DC 20007
(202) 333-1880
[email-masked]
P Consider the environment before printing this email.

On Dec 6, 2010, at 12:24 PM, Michael Muldoon wrote:

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]

<Project Sun Talking Points.doc>