Project Funding Criteria

AREP Target System Size: 300kw – 2 Mw

Location: Primarily western US with additions of other states with favorable EPACs (New Jersey, etc.)

Property Types: Will consider all

Credit Criteria:

         ▪Moody’s to Baa3

          ▪Moody’s shadow ratings fro private co.’s

           ▪Custom analysis for SPE’s

AREP is able to provide Lease or Power Purchase Financing

AREP has relationships with lowest cost construction/EPC