Press Release

Solar Power Ready for Takeoff: MP2 Capital Unveils Solar Array at Denver International Airport

1.6MW Project Delivers Solar Powered Jet Fuel to One of Nation's Busiest Airports

Denver, CO, August 2, 2010 — MP2 Capital, a leading developer, financier, and operator of solar projects throughout North America celebrated the launch of a 1.6 megawatt (MW) solar photovoltaic array that will power Denver International Airport's fuel storage and distribution facilities. MP2 Capital utilized a unique private-public partnership to develop the project, which is one of the first and largest solar power plants completed to date under the Obama Administration's grant initiative, the American Recovery and Reinvestment Act 1603 (ARRA 1603).

“MP2 Capital is pleased to help further the Denver International Airport's commitment to renewable energy. This project is a breakthrough in the airport industry as it relies on solar power to help reduce the carbon footprint of the fuel farm. Solar-powered jet fuel is the wave of the future as airports seek a cost-effective way to improve the environment,” said Mark Lerdal, chief executive officer of MP2 Capital.

The solar array will help Denver International Airport (DIA) to offset the environmental and monetary costs of its jet fuel storage and distribution facility, generating approximately 2,450,000 kilowatt hours of clean electricity in the first year of operation and approximately 47 million kilowatt hours during the system's lifetime. Despite the struggling economy, this project developed at a rapid pace. Thanks to the dedication and cooperation of multiple partners including Intermountain Electric, Sharp Solar, Oak Leaf Energy and Xcel Energy the project moved from concept to completion within 120 days.

“The efficient development process could not have been achieved without the cooperation of our many partners on this project,” said Kim Day, Aviation Manager at Denver International Airport. “DIA has a widespread reputation as a 'green' airport, and this project is another example of our commitment to environmental responsibility.”

The Denver International Airport array was one of the first solar projects to utilize the ARRA 1603 grant in lieu of investment tax credits. Created by the Obama Administration to spur renewable energy projects, it grants payment for specified energy properties up front, helping to move project forward without tax liability. As part of the innovative public-private financing structure, MP2 Capital assumed the project's financial and operational risks while the DIA was able to secure renewable energy at an attractive long-term rate while providing renewable energy credits to Xcel Energy. Through a power purchase agreement, Denver International Airport will procure the electricity generated from the system from MP2 Capital for a period of 20 years.

About MP2 Capital, LLC

Founded in 2006 to satisfy the growing demand for renewable energy resources, MP2 Capital develops, finances, and operates solar projects throughout North America — selling the electricity produced to commercial, government, and utility customers under Power Purchase Agreements and Feed-in Tariffs. Based in San Francisco, MP2 Capital owns and operates solar-generating assets across the United States, allowing our diverse array of customers to enjoy reliable, economical electricity without up-front or ongoing operating expenses, and project investors to enjoy attractive, risk-adjusted returns. MP2 Capital is dedicated to working with partners to enable the rapid and efficient development of solar energy throughout North America. Learn more at www.mp2capital.com.