Paul Ryan, P.E., EVP

• Expertise

• Experience

• Equity/Financing

EPC & SWACKeys to

Conceptual Engineering

Financing

Construction Management

Commissioning

Maintenance & Operations

Project Development

Engineer / Procurement

Ownership

DCO Energy, LLC

• Vertically Integrated

• Developers – Equity & Financing

• Engineering

• EPC Contractor

• Owner

• Operator

• 300+ Employees

• ENR Top 400 Contractors for past decade

DCO Experience

Our Proven Track Record:

• Successfully developed numerous “bank financeable”energy projects

• Brings equity and financing for energy projects• Provides EPC Wrap - Bonds and Guarantees

DBOOM & EPC (in-house) 800 Million over 24 Projects

3rd Party EPC 600 Million over 15 Projects

Energy Issues Facing Tropical Islands

• High Cost of Energy - 35-50¢/kw

• Aging Infrastructure – Need for Replacement

• Blackouts

• Power Blips –Voltage Regulation Issues

Latest Article from the Bahamas Tribune: 200 million power plant needed to meet demand.

http://www.tribune242.com/news/2014/aug/29/200m-power-plant-needed-meet-demand/

• Bahamas

• Cable Beach – Centrally located on New Providence Island

• Direct access (~ 4.5 km) to deep, cold water via the Northeast Providence Channel/Tongue of the Ocean

OTE BM –SWAC Project

New West BayStreet

Long Cay

Baha Mar Resort Construction

Goodman’s Bay Park

Cable Beach

OTE BM – SWAC ProjectProvide Sea Water District Cooling to New Baha Mar $3.4B Mega Resort

• 400 Hectares (988 acres)

• Four New Hotels (2,250 rooms)

• 3.5 Million SF of Air Conditioned space

• Golf course, Convention Center, theCaribbean’s largest casino

Baha Mar Resort - Cooling Requirements

• 9,800 tons of peak cooling required

• 76% capacity factor

• 65,000,000 ton-hrs of cooling annually

• 48,750 MWh of electricity – 22 million cost for conventional chiller plant

Excellent Candidate for SWAC

SWACSystemOverview• Intake pipe – 3,300 ft deep

• Pump station

• Vertical Turbine Pumps

• Pumped main

• Titanium Heat Exchangers

• Discharge Pipe

• Discharge Wells

EPC Guarantees

• 100% Payment and Performance Bond

• Capacity Guarantee

• Efficiency Guarantee

• Reliability Guarantee

• Schedule Guarantee

EPC Areas of RiskSWAC – Intake Pipe Route - Terrain

• Intake Pipe Route Terrain

• 1200 ft drop off at cliff

• Changes of direction in canyon

• Sunken Barge

• Rock outcrops

• Existing marine cable crossings

• Shallow water trenching and anchoring for hurricanes

• Installation of pipeline during hurricane season

EPC Areas of Risk Continued:SWAC Tie-In at Resort CUP

SWAC Energy Reduction Benefits

• Electricity savings in excess of 90% compared to conventional air conditioning

• Annual CO2 emissions reduced by 41,000+ tons

• Annual Oil consumption reduced by >98,000 bbl

• Improves energy security for the entire New

Providence community