EIB Corporate Presentation - 2016

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Transcript of EIB Corporate Presentation - 2016

Page 1: EIB Corporate Presentation - 2016
Page 2: EIB Corporate Presentation - 2016

About Us

EIB develops, builds, and operates commercial RENEWABLE ENERGY Systems In Solar, we can use your roofs, available land for ground mounts, and parking spaces for carports, all of which can be financed through a Power Purchase Agreements (PPAs). Our host clients buy the electricity generated by the solar systems at contractually determined rates that are below the cost of conventional electricity.

We work with bankable Construction Companies to design, procure, engineer, and construct your renewable energy projects, to make the financing process flow a lot smoother.

EIB Projects completed (over last 36 mths)

• Irvington Housing Authority, NJ -- 197 kW

• Sciota Partners LLC, PA -- 150 kW

• Pumping Services, NJ -- 190 kW

• MIS Implants, NJ -- 50kW

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Energy In The Bank’s Current Projects

• Providing 1.1 MW carport system.

• Savings of $4 mil. Over 20 years.

• Providing 5.4 MW Tracker system offsite.

• Savings of $8.3 mil over 20 years.

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Energy In The Bank’s Current Projects

• Providing 870 kW system offsite.

• Savings of $2.43 mil over 20 years.

• Providing 4.2 MW system offsite.

• Savings of $3.4 mil over 20 years & $1.5 mil. donation.

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EIB Construction Partners

Projects• Heller Industrial Parks – 3.327 MW; South Brunswick, NJ• Lackland Self Storage – 2.543 MW; multiple sites• NWL Transformers – 1.465 MW ground-mount; Bordentown, NJ • Walters Group – 612 kW; multiple sites• Fort Dix – 12.3MW; multiple sites McGuire-Dix- Lakehurst, NJ

• Toys R’ Us, Inc., 5.4MW Rooftop Array, Flanders, NJ• Benjamin Moore Paints, Inc., - 1.9MW Ground Array; Flanders, NJ• Hess Corporation -1.1MW Ground Tracker Array; Woodbridge, NJ• Vineland Solar Plant – 6.5 MW Ground Array; Vineland, NJ

Projects• Kohl’s – 691 kW; Multiple Locations• Bed, Bath and Beyond – 1376 kW; Multiple Locations• Jack Daniel’s Motors – 1.2 MW; Bergen County, NJ• Spiral Building Company – 817 kW; Totowa, NJ

Projects

• Pfizer, Inc – 49.368 kW; Groton, CT • Pennsauken Sanitary Landfill – 1.09 MW; Pennsauken, NJ • Jet Aviation – 311 kW; Teterboro Airport, NJ • Stowaway Self Storage – 243.85 kW; multiple sites• Valley National Bank – 47.87 kW; Wayne, NJ

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Solar Demand is Due to The Following Mandates and Incentives:

1. State Renewable Mandates:

• New Jersey 25% by 2020

• Pennsylvania 18% by 2020

• New York 50% by 2030

• Connecticut 27% by 2020

• Delaware 25% by 2025

• Maryland 20% by 2022

• Massachusetts 22% by 2020

• Puerto Rico 20% by 2035

2. State and Federal Incentives to Facilitate:

• Tax credits (Federal)

• Grants (Federal, State, Local)

• Accelerated Depreciation (Federal)

• SREC (Solar Renewable Energy Credits) (State)

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Summary - Quid pro quo

Agree to:• Purchase electricity at a lower rate• Allow investor to utilize assets (roof

or land)

Benefits:• Reduced electrical expenses• Capital improvements• Funding for other projects• Fixed budget

Host Customer (You)

Agree to:• Cover all project funding:• Price and management to furnish and install

solar systems• Price and management for deliver capital

expense • Repair roofs to withstand lifetime of the

installation• Insurance for the lifetime of the installation• Maintenance for lifetime of the installation• Risks for all the above

Benefits:• Tax Credits• Depreciation of solar system• Grants (depending on the state)• SRECS (depending on the state)• Revenue from the solar system

Investors (EIB)

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Solar Development Team

Private Customer/ School/Municipality /Place of

Worship

Funds and Financiers

InstallersDesigners Utility Company

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Solar Development Process

Presentation to

Client – Initial Idea

Client to

Provide 12 mo.

Utility Bills

Solar Team to

audit Energy Use

Presentation to

Client with general

analysis and Letter

of Intent

Client to

Execute Letter

of Intent

Solar Team to

analyze in detail and

apply for grants

Presentation to

Client with final

Power

Purchase/Lease

Agreement

Client to

Execute Power

Agreement

Solar Team to

deliver Solar System

at no expense

Step 1 Step 2 Step 3

Step 4 Step 5 Step 6

Step 7 Step 8 Step 9

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In Conclusion - Let’s go Solar!

• Put you onto the path of sustainability

• Reduce annual energy costs.

• Hedge against any future energy price increases.

• Enhance your image in the public eye.

• Provide skill training and job creation.

• Provide capital expenses for additional needs when applicableCONTACT :

Alexander OrtizDirector of DevelopmentDirect: 570-977-8900 Email: [email protected]

Joseph BeltránDirector of OperationsDirect: 570-977-9170 Email: [email protected]

Office : 570-223-5001 Fax: 877-434-2912 www.energyinthebank.com