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Extrac'ngValueFromOrganics

PaulSellew,CEOCaliforniaBiomassCollabora7veMay11,2010

WhoisHarvestPower?•  Harvestisanorganicsmanagementcompanybuildingnext‐genera'onfacili'esthatextractthevaluewithinorganicwastestreams•  Experiencedmanagementteamwithlonghistoryofdesigning,buildingorganicwasteprojects,includingmillionsoftonsofthroughputanddesignof>60wastefacili7es

•  HarvestownsandoperatesthelargestpermiJedfoodwasteandyardwastecompos7ngfacilityinNorthAmericalocatedinVancouver,BC

• Harvestiswellcapitalizedtoinvestinprojectsandmakeselectedacquisi'ons•  Raisedsignificantcapitalin2009–LeadinvestorKleinerPerkins,joinedbyMunichVenturePartnersandWasteManagement

•  LargepipelineofprojectsthroughoutNorthAmerica

• Wedeploybest‐of‐breedorganicwastetechnologiestoextractenergyvaluefromtheorganicsstream•  Useofanaerobicdiges7on,gasifica7onandcompostprocesses•  Focusonproductmarke7ng

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WhyWeFormedHarvest

•  Domes7c,distributed,cleanenergy

•  Ac7onandsupportforzero‐wasteanddiversionoforganicwaste

•  Technologytocapturecleanenergyfromorganicresidualsisready

•  Localdevelopmentisessen7alforsuccessfulprojects

•  Productmarke7ngisacri7calelement

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MakingaCase

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Germanyin2009

4,500biogasfacili7es

1,650MWofelectricitygeneratedfrombiogas11,000jobscreated

Suppor7vepolicy:1.SSOprograms2.FIT3.ELD

German Biogas Association

CaliforniaInfrastructureRequirementsCalRecyclees7mates96newfacili,esthatprocessabout500tonsperdayor48newfacili,esthatprocess1,000tonsperdaywillberequiredtomeetthe50%reduc,onmark.DependingonADCpolicy,addi7onalinfrastructurecapacityofroughly3milliontonsperyearmightbeneeded.

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HistoricalEvolu'onofOrganicsRecycling

Harvest’sOrganicsRecyclingPlaKorm

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Harvest’sCapabili'es

Development&Acquisi'on• Sitecontrol• Facilityacquisi7ons

• Stakeholderoutreach

• Permieng• Feedstockagreements

• Nego7atePPAs,carboncredits

• SSOprograms

Financing• Provideallorapor7ontheequityrequiredfortheproject

• Obtaingovernmentgrantsincen7veprograms

• Obtainlow‐interestconstruc7onfinancing

ProjectDelivery

• Experiencedengineersdesignfacilitytofitsiteandcommunity’sneeds

• Efficientandcost‐controllingconstruc7onmanagement

• Porholioofbest‐in‐breedtechnologiestodeploy

Opera'on&ProductSales• Provideallopera7onsandmaintenanceservices

• Wholesaleandretailsoilproductsmarke7ng

• Focusonsafety,produc7vity,odorcontrol,andcompostquality

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HarvestCoreTechnologiesHarvest deploys site-specific best-of-breed technologies to maximize project economics:

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AdvancedCompos'ng

AnaerobicDiges'on

DistributedBiomassGasifica'on

WhatisAnaerobicDiges'on?•  Anaerobicdiges7onmimicstheprocessesthatoccurinacow’sstomach.Weusesimilarmicro‐organismsinair7ghtchambersandcapturethebiogasasitisproduced.Weop7mizebiogasproduc7onbycrea7nganidealenvironmentforthemicrobestodotheirwork.

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HighSolidsAnaerobicDiges'on

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InputofOrganicMaterial

•  Organicfoodandyardwastedeliveredtofacility

• Wastemixedwithpreviouslydigestedmaterialtoinoculateandplacedintodigestersusingwheelloaders

AnaerobicDiges'on

•  Vola7leorganiccompoundsbrokendownbymicroorganismsinpercolateliquid

•  Biogascollected,processed,andsoldaselectricity,pipelinenaturalgas,orCNGfuel

AerobicCompos'ng

•  Digestateaerobicallycomposted,cured,andagedoversixweeks

•  Finishedcompostproductscreenedandmarketedinbulkorbagged

SampleHSADFacilityLayout

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VariousConfigura'onsofAnaerobicDiges'on

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Process Batch vs. Con7nuous

Temperature Mesophilic vs. Thermophilic

SolidsContent Highsolids vs. Lowsolids

Stages Single vs. Mul7

DifferentConfigura'onsforDifferentFeedstocks

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HarvestCoreTechnologies:Compos'ngandBalanceofSystem

Harvestemployeeshavemul7plepatentsgrantedorfiledoncompos7ngandotherprocessesincluding:

• Leadingin‐vesselcompostprocess(IPS)• Coveredaeratedsta7cpilecompos7ng• Biofiltra7onandodorcontrolsystems• Productmarke7ngandbeneficialresuse

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Biofiltersystem

Ven7la7ontobiofilter

Finishedcompostreadyforsale

DistributedBiomassGasifica'on•  Dual‐chamber(allothermal)gasifica'on

•  Createspuresyngasascomparedtosinglechambergasifiersbecausenocombus7onairdilutesthesyngas

•  Puresyngashasahigherhea'ngvalue,andmorereadilyreformsintootherhigh‐valueproductslikerenewablenaturalgas

•  Liquidmetalheatpipes•  Drama7callyhigherratesofheattransfer

enablesmallerminimumplantsizeswithhigherenergyoutput

•  Smallerplantsizestranslatetolowercapitalcostsandincreasedsi'ngflexibility(closetofeedstockorenergyuser,easierpermieng)

•  Veryhighoverallprocessefficiency:70%ofthehea7ngvalueofthebiomassfeedstockiscapturedinthesyngas,andtheremainingenergyisavailableasheat

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InsidetheGasifier

1.  Syngasisproducedinthereformerchamber,whereasandbedfluidizedwithsteamensuresop7malhea7ngattemperaturesaround800C°.

2.  Partofthebiomassfromthereformerisdischargedtothecombus7onchamberasresidualchar.

3.  Thecombus7onchamber,whichprovidesheatforthereformer,u7lizesanairfluidizedbedtocleanlycombustaddi7onalbiomassfuelaswellastheresidualcharfromthereformerat900C°.

4.  Liquidmetalheatpipestransferheattothereformingchamber.Aconven7onalair/liquidheatexchangerrecoverstheheatenergycontentofthecombus7onchamberfluegases.

5.  Thepuresyngascanbeconvertedintoheat,power,methane(naturalgas),hydrogen,orchemicalindustryfeedstocksbyarangeofcommerciallyavailabletechniques.

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PartneringwithHarvest

Harvestcanhelp:

•  Becomeleadersinsustainabilitythroughorganicsrecycling

•  Controlcostsandprocessresourcesinternally

•  Increaseenergyindependenceandcleantheairthroughlocal,distributed,low‐cost,cleanenergy

•  Revitalizelocallandscapeandagriculturethroughhigh‐gradeorganicsoilproducts

•  Minimizeenvironmentalimpactsofwasteprocessingthroughsmall‐footprintfacili7es

Wedosoby:

•  Designing,developing,financing,building,andopera7ngorganicsrecyclingfacili7es

•  Customizingourstate‐of‐the‐artfacili7estofitprocessingplants’feedstockandinfrastructure

•  Devo7ngresourcestoeduca7onandenvironmentalleadershipprograms

•  Obtainingavailablegovernmentcreditsandincen7ves

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HarvestManagementTeamPAULSELLEWisCEOofHarvestPower,Inc.Paulhasbeenaleaderintheorganicsindustryformorethan25years.In1982,hefoundedEarthgro,Inc.,whichgrewtobethesecondlargestproducerofcompost‐basedlawnandgardenproductsinNorthAmerica.PaulalsofoundedandledInterna7onalProcessSystems,Inc.(compos7ngtechnologyprovider),Allgro,Inc.(biosolidscompostmarke7ngfirm),EnvironmentalCreditCorp.(carboncreditcrea7onandtrading),andBackyardFarms(hydroponicgreenhousetomatoproducer).PaulgraduatedfromCornellUniversity.

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NATHANGILLILANDisHarvest’sPresidentandChiefFinancialOfficer,overseeingfinancialperformancefortheenterprise.NathanwasanExecu7veVicePresidentatBainCapital,managing$2billionininvestmentsinu7li7es,powergenera7onandconsumerproducts.PriortoBain,NathancofoundedMyCounsel.comandmanagedstrategicplanningandacquisi7onsforNutraceu7calCorpora7on.NathanearnedhisdegreewithHighestHonorsfromtheUniversityofCalifornia‐Berkeley.

JANALLEN,P.E.istheLeadEngineerandChiefTechnologyOfficerforHarvestPower,Inc.JanwasaPrincipalTechnologistatCH2MHill’sEnvironmentalServicesGlobalBusinessGroupandisrecognizedasanindustryleaderinorganicconversiontechnologiesandresearch.Janhasservedasaconsul7ngengineertothelargestcompos7ngfaciityinNorthAmericasince1999;hehelpedthefirmbuilditsoutstandingopera7ngandcompliancerecord.Janistheregisteredinventoronfourpatentsforcompos7ngsystemsandbiofiltra7on.Hegraduatedwithdis7nc7onfromPurdueUniversity.

HarvestManagementTeam

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TOMBINTZisExecu7veVicePresident,Opera7ons.Tomhasbeenaleaderintheorganicsindustryformorethan12years.MostrecentlyheservedasSeniorVicePresidentofOpera7onswithSynagroTechnologiesInc.,helpingtobuilditfroma$20milliondollarregionalcompanyintotheleadingorganicsresidualsmanagementbusinessintheU.S.PriortothathewasVicePresidentControllerofETD,Inc.(abilliondollardistribu7oncompany)andwasaSeniorConsultantwithDeloiJe&Touche.TomearnedhisBSDegreeinManagementfromPurdueUniversityandhisMBAfromTexasA&M.HealsoreceivedhisCer7fica7oninPublicAccountancyinTexas.

WAYNEDAVISisheadofIncen7vesandGovernmentalAffairsforHarvest.Wayneisaco‐founderandformerGeneralCounselofBackyardFarms,wherehedirectedtheenvironmentalpermiengprocessesfordevelopmentofover40acresofgreenhousesanda17MWcombinedheatandpowerbiomassfacility.Previously,WaynewasChiefComplianceOfficerforFidelityBrokerageCompany.WaynegraduatedmagnacumlaudefrombothHarvardLawSchoolandWilliamsCollege.

THOMASKRAEMER,P.E.isHarvest’sVicePresidentforProjectDelivery.TomwasavicepresidentforwastemanagementservicesinthewesternU.S.forCH2MHILL,Inc.,wherehemanagedengineeringandconstruc7onprojectsforover20years.Tom’sbackgroundisinengineeringofsolidwastemanagementandbiogasenergyfacili7es.HeholdsanMSdegreeincivilandenvironmentalengineeringfromtheUniversityofWisconsin‐Madison.

HarvestManagementTeam

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KATEWATTSONisHarvest’sDirectorofBusinessDevelopment.KatewasaDevelopmentAssociateatHorizonWindEnergywhereshemanagedthedevelopmentofwindpowerprojects,ledthecompany’smarketresearchandanalysis,anddirectedmul7pleini7a7veslobbyingstatelegislaturestofurtherthedeploymentofwindenergy.KatereceivedaB.A.magnacumlaudeinenvironmentalscienceandpublicpolicyfromHarvardCollegeandanM.B.AfromHarvardBusinessschool.

ALEXANDERMACFARLANEisDirectorofResearchandDevelopmentforHarvest.AlexwaspreviouslyManagingDirectorofThink21,abiogasprojectdeveloper.AlexfoundedaconsultancyatCommunityEnvironmentalCenter,Inc.,wherehissustainabledesignstrategieswereimplementedbyclientssuchastheRockefellerGroupandNYC’sDepartmentsofParksandHousing.AlexhasaMaster'sinEnvironmentalManagementandPolicyfromtheI.I.I.E.E.atLundUniversityinSwedenandaB.A.inEnvironmentalBiologyfromColumbiaUniversity.Heisacer7fiedSWANACompostOpera7onsManager,andaL.E.E.D.AccreditedProfessional.

MATTMITCHELLisHarvest'sVicePresidentofAcquisi7onsandStrategicDevelopment.PriortojoiningHarvest,MaJstructuredandoversawprivateequityinvestmentsacrossarangeofindustriesforHeritagePartnersandpriortothat,SeacoastCapital.MaJholdsaB.AfromColgateUniversityandanM.B.AfromtheUniversityofVirginia'sDardenSchool.MaJisaCharteredFinancialAnalyst.

Science&TechnologyAdvisorsDavidP.Chynoweth,ProfessorEmeritus,DepartmentofAgriculturalandBiologicalEngineering,UniversityofFlorida

Dr.ChynowethisProfessorEmeritusintheAgriculturalandBiologicalEngineeringDepartmentattheUniversityofFloridawhereheisresponsibleforresearchandfeasibilityprogramsintheareaofappliedmicrobiologywithemphasisonproduc7onofmethaneandotherchemicalsfromrenewableresources,degrada7onofenvironmentalpollutants,microbialinfluencedcorrosion,andindoorairquality.Dr.Chynowethhasbeenamemberofsevenprofessionalsocie7esandauthorofover140technicalpublica7ons,includingtwobooksandeightpatents.HehasservedareviewerfortheUSDOE,USEPA,andGasResearchIns7tuteresearchprogramsandhaschairedseveralsessionsatscien7ficconferences.HehasadoctorateinenvironmentalmicrobiologyfromtheUniversityofNorthCarolinaandabachelor’sdegreeinchemistryandbiologyfromtheUniversityofLouisville.

RobertJ.Cummings,FormerChiefTechnologyOfficer,Ecova'onMr.CummingsfoundedAnAerobics,Inc.whichlaterwasrenamedEcova7onInc.Whilegrowingthecompanyhepatentedahighrateanaerobictreatmenttechnologyin1998thatbecameknownastheMobilizedFilmTechnologyandfollowedthisin2000withahighrateanaerobicdiges7ontechnologyknownastheFloa7ngBedTechnology.Mr.CummingsremainedwithEcolabasVPofTechnologyun7lhere7redinDecember2009.HebeganhisprofessionalcareerasaresearchfacultymemberintheAgriculturalandBiologicalEngineeringDepartmentofCornellUniversity,remainingtherefortwentyyears,focusingonthedevelopmentofhighrateanaerobictreatmentanddiges7ontechnologies.HehasMaster’sDegreeinEnvironmentalEngineeringfromtheUniversityofVermontin1973.

Dr.PratapPullammanappallil,AssistantProfessor,DepartmentofAgriculturalandBiologicalEngineering,UniversityofFloridaDr.Pullammanappallilisabiochemicalengineerwithexper7seintheareasofbioprocessdesign,modelingandop7miza7onforproduc7onofbiofuelsandpollu7oncontrol.Hecurrentlyleadsprojectsintheareasofanaerobicdiges7on,nutrientrecoveryfromwastewater,biodieselproduc7onandenzyma7csaccharifica7onofbiomass.Hehasover20yearsofexperienceinthefieldofanaerobicdiges7onofwastewater,solidwastesandbiomassandhasworkedonseveralresearch,pilotandfull‐scaleprojectspertainingtothemicrobialcharacteriza7on,anddevelopmentandimplementa7onofnovelprocessdesignsandstableopera7ngstrategiesforanaerobicdigesters.Hehaspublishedwidelyinmajorinterna7onaljournalsreflec7nghisextensiveexperiencegainedfromthemanyresearchprojectsandconsultanciesandhasover100technicalpublica7onsintheareaofanaerobicdiges7onincluding75peerreviewedpublica7onsininterna7onaljournalsandconferenceproceedings.HehasanundergraduatedegreefromtheIndianIns7tuteofTechnology,MadrasandaPhDfromUniversityofFlorida;bothinChemicalEngineering.

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