ELIGIBILE ENVIRONMENTAL ATTRIBUTES

RNK aims for the following environmental attributes:

1. SO2 Emission Allowances:
   
   SO2 Allowances have to be eligible for the Federal SO2 Trading Scheme under the EPA Acid Rain Program, the South Coast Air Quality Management District’s Regional Clean Air Incentives Market (SCAQMD’s RECLAIM) program, and the New York SO2 Program.
   
   
2. NOx Emission Allowances:
   
   NOx Emission Allowances have to be eligible for the SIP NOx program, the HGA NOx program, and the SCAQMD’s RECLAIM program.
   
   
3. Compliance market RECs:
   
   The targeted RECs have to be eligible for one of the domestic compliance markets, which combine the states with mandatory Renewable Portfolio Standards (RPS) that allow RECs trading. Each RPS defines the eligible renewable energy sources and the geographic area in which the RECs have to be created. RNK prefers the existing compliance markets such as Texas, NEPOOL or NJ/PJM but will also consider projects within states or regions that have the potential to allow RECs trading in the future.
   
   
4. Other assigned environmental attributes:
   
   In addition, RNK is interested in any project that can create Discrete Emission Reductions (DERs), Emission Reduction Credits (ERCs) or offsets.
   

PREFERRED PROJECT TYPES

RNK prefers the following project types:

• Biomass;
• Land-fill gas;
• Solar;
• Energy efficiency/demand-side management;
• Hydro;
• Geothermal;
• Wind.

All projects must have the potential to generate one of the above mentioned environmental attribute type.

PROJECT DEVELOPER ELIGIBILITY

The project developer of the project must:

• have a proven track record in the development of similar project activities;
• have the financial capability and competence to realize the project activity as outlined in the project documents;
• be an accredited business organization and hold good legal standing.

_______________________

DISCLAIMER: Nothing herein is intended as an offer or solicitation for the purchase or sale of any financial instrument or securities. This is a request for project proposals and is not an advertisement or general solicitation intended to attract investors as prohibited under the Securities Act of 1933. In submitting your proposal, you warrant and represent that you are duly authorized to submit the information on behalf of your organization. All submissions are for our consideration and for discussion purposes only. Nothing herein creates legal relationships or legal obligations of any kind. Nothing herein is intended to constitute a legally binding offer, invitation, agreement, liability or obligation on the part of RNK Capital LLC, all of which are specifically disclaimed. RNK Capital LLC shall use reasonable precautions to maintain the confidentiality of the information you have provided but expressly disclaims any obligation to maintain confidentiality. Because such information can be accessed through the Internet, you hereby acknowledge and agree that there can be no assurance that the information or any communication through the Internet or email will remain secure. In addition, RNK Capital LLC may disclose such information to its employees, representatives, or any other third party at its sole discretion for any purpose whatsoever.