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Applications Due for Community Wind Energy Projects August 16

The TRF Sustainable Development Fund is soliciting applications for wind energy production incentive grants to support new community wind projects that will begin commercial operation by December 31, 2007.

Applications are due August 16.

SDF will host a Pre-Application Conference Call for anyone interested in submitting a 2007 Community Wind Application at 11 a.m. July 28. Participation is recommended but not mandatory.

Please e-mail Roger Clark at roger.clark@trfund.com by July 26 to indicate that you would like to participate in the conference call. He will then send you a return e-mail with the conference call information.

The grant program is designed so the financial benefits of community wind projects are primarily local. The program also limits the size of the community wind projects to a minimum of 500 kW and a maximum of 10 MW.

SDF’s preferred form of financial support for community wind projects is wind energy production incentives paid as the project generates electricity. The total amount of the production incentive grant will be negotiated by SDF and the successful applicants.

In the alternative, an applicant may suggest an alternative form of the financial support. In the past, SDF has been willing to pre-pay the financial assistance provided the applicant provides an irrevocable letter of credit to ensure that SDF can get its money back if the project is not built or fails to earn the full production incentive.

All other things being equal, SDF will seek those projects that generate the maximum amount of wind energy per dollar of subsidy from SDF. SDF reserves the right to negotiate the amount of the financial assistance to maximize the effectiveness of the 2007 assistance.

Questions about the application should be sent by e-mail to Roger Clark of TRF Sustainable Development Fund at roger.clark@trfund.com .

Applications and other information is available online through the SDF website.


7/21/2006

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