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BLACK & VEATCHENERGY

ELECTRICAL TRANSMISSION & DISTRIBUTION

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B&V Energy

• Founded in 1915

• Global workforce of approximately 8,500

• More than 100 offices worldwide

• Projects in more than 100 countries on 6 continents

• $2.3 billion in annual revenues in 2010

• Employee-owned corporation

SOLVING THE WORLD’S COMPLEX CHALLENGES

01 August 2011

BLACK & VEATCH CORPORATION IS A LEADING GLOBAL ENGINEERING, CONSULTING AND CONSTRUCTION COMPANY

B&V Energy

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BLACK & VEATCH INDUSTRY LEADERSHIP

01 August 2011B&V Energy

16th – Top 500 Design Firms

1st – Top 20 in Telecommunications

1st – Top 20 in Power

1st – Top 10 in Towers and Antennae

2nd – Top 25 in Fossil Fuel

4th – Top 5 in Transmission and Distribution

6th – Top 15 in Water Treatment and Desalination

6th – Top 10 in Dams and Reservoirs

7th – Top 20 in Water

8th – Top 20 in Sewer / Wastewater

9th – Top 10 in Nuclear Plants

15th – Top 50 Designers in International Markets

16th – Top 25 in Refineries and Petrochemicals

40th – Top 200 International Design Firms

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~20% of world’s sulfur recovery capacity designed by B&V

~50% market share in China’s LNG peak shaver market in last 5 years

Involvement in ~50% of operating Solar PV plants in North America

$2.3 billion in annual revenues in 2010

BLACK & VEATCH HAS A DIVERSIFIED PORTFOLIO

01 August 2011

33%

3%

41%15%

8%

B&V Energy

B&V Water

EMS

Telecom

FederalServices

B&V Energy

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BUILDING A WORLD OF DIFFERENCE

01 August 2011

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B&V Energy

LungmenTaiwan

Eskom Kusile and Long PhuSouth Africa and Vietnam

Glow/Oakley/Enmax/SamalkotThailand/US/Canada/India

Martin Solar Energy CenterUnited States

Multiple PRICO LNG® projectsChina

Nuclear

Coal Oil & Gas

Combustion Turbine Renewable Energy

Populus-to-TerminalUnited States

Power Delivery

Grand Avenue Switching Station Modernization Project

New Haven, Connecticut

Planning, program management, construction and construction management and EPC capabilities

• Substations

• Overhead and Underground transmission

• HVDC / SVC

• Power system studies / planning

• Renewable integration

• Smart Grid deployment

BLACK & VEATCH POWER DELIVERY FOCUS

01 August 2011B&V Energy

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REGIONAL POWER DELIVERY OFFICES FOR CLIENT COLLABORATION AND LOCAL PROJECT REQUIREMENTS

01 August 2011

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B&V Energy

Portland

Denver Kansas City

Ann Arbor

Atlanta

Orlando

Raleigh

College Station

B&V Worldwide HeadquartersPower Delivery Business OfficePower Delivery Construction Office

Dublin

Bangkok,Thailand

Irvine

Competitive Renewable Energy Zones (CREZ) Transmission Project

State of Texas

• Local presence with multiple regional offices for collaboration and to address project requirements

• Broad experience across various Power Delivery technologies for flexibility and confidence

• Project scope and contracting flexibility (we focus on our clients’ needs and desired project execution methods)

• Multi-company partnerships and relationships for seamless mega-projects execution

• Self-perform construction capability

• Services provided to study, configure, site, permit, design, procure, build and commission virtually any type of power delivery facility, including renewables integration and smart grid deployment

• Stability and financial strength to serve as a single-source prime contractor for all project sizes

B&V’S POWER DELIVERY VALUE

01 August 2011B&V Energy

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RECENT POWER DELIVERY PROJECT

01 August 2011

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B&V Energy

CLIENT PacifiCorp

PROJECTPopulus-Terminal 345 kV Transmission Line Project

TECHNOLOGY136-mile Double Circuit Overhead Transmission

SCOPE EPC

SIZE 345 kV

CHALLENGESCompleting a 136-mile overhead transmission line turnkey project while minimizing environmental and local community impacts within a 27-month schedule

VALUEImproving transmission infrastructure system reliability and flexibility in the Western U.S. by providing a major segment of the Gateway Transmission Project

BLACK & VEATCH IS COMMITTED TO SAFETY

01 August 2011B&V Energy

0

0.03

0.06

0.09

0.12

0.15

2006 2007 2008 2009 2010

0

0.1

0.2

0.3

0.4

0.5

0.6

0.7

2006 2007 2008 2009 2010

LOST TIME INCIDENT RATECOMPANY RECORDABLE INCIDENT RATES

U.S. National Average = 1.60U.S. National Average = 4.30

Injuries per 100 workers. Safety performance results as of December 31, 2010.

0.37 0.08

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• Touch people’s lives with vitally needed infrastructure

• Have a worldwide reputation for business and technical excellence with a stellar safety record

• Create profitable growth and deliver high value for our Clients and Stakeholders

BLACK & VEATCH IS IMPROVING THE QUALITY OF LIFE AROUND THE WORLD AND ASPIRES TO …

01 August 2011B&V Energy

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Glow Phase 5 Combined Cycle/Cogeneration Project

Rayong, Thailand