FTL Power & Finance — Sales / Term Financing

Sales and Term Financing: FTL Power & Finance, LLC is a wholly owned subsidiary that handles all operating and financing activities: leasing, PPA and installment financing.

The Company offers several financing alternatives dependent upon the specific customer and product (i.e. sales to military, disaster relief organizations or local governments will typically be through high volume payment upon delivery contracts while corporate customers traditionally opt to pursue long-term financing to spread out costs). To that effect, the company has set up this financing arm to provide these services on an international scale as well as to create an additional significant source of revenue.

FTL Power & Finance utilizes the Power Purchase Agreement, or PPA, a long-term agreement to buy power from a company that produces electricity. FTL Power & Finance, using its own source of funds, builds a solar energy facility on our customer's site and maintains and operates the facility for 15 years or longer. This facility generates reliable, long-term clean energy for use by our customer at rates often below standard electricity.

Parking Lot Programs: One of the fastest growing segments of commercial solar is the development of high quality, aesthetically attractive solar parking structures. FTL's PowerPark turns an unused asset — a simple parking lot — into an energy generating asset, with the added benefit of creating shade for the cars parked beneath as well as advertising for businesses. Shaded parking inherently brings value that can create revenue streams (VIP parking, for-fee valet parking, etc.) or increased general customer/employee satisfaction. Shopping malls, transit districts, large corporations, and amusement parks are examples of entities that can benefit by developing solar parking lots.

Rooftop Programs: Commercial buildings with large, flat, unobstructed roof surfaces are ideal candidates for FTL Solar's products. Roofs of this nature consist of many different types — from more traditional built-up tar and gravel to newer single-ply — and each surface poses unique challenges to solar developers The key to a successful solar development on flat roof buildings is the quality of the roof surface itself combined with the strength of the underlying structure. Some of the wonderful advantages to installing solar arrays on flat-root buildings include: Ease of construction, ease of maintenance, typically very good "sky views", and as an added benefit, the resulting arrays shade the roof surface (reducing UV damage to membranes) and the building itself (reducing air conditioning loads...). Commercial buildings with sloped roofs can also be wonderful candidates for solar arrays, in particular if the roof surface is facing south to southwest. Raised-seam metal roofs are wonderful surfaces to mount solar arrays to. Asphalt shingle roofing surfaces work well as flashing the mounting structure connections is straightforward; tile roofing, however, is usually preclusive.

Product Leasing: The Company offers products on a short and medium term basis through lease arrangements, directly or through partnerships. FTL Solar's products are ideal for covered walkways, photography shoots, concerts, music festivals and sporting events that require longer term finance.