Harvest bourne - mass recycle 2015-03-30 final

Bourne Energy Garden Project Wayne H. Davis MassRecycle 2015 R3 Recycling and

Organics Conference March 30, 2015

• Operating three of North America’s largest commercial anaerobic digestion facilities

• One of top 3 organics consumer products companies in U.S.

• Managing more than 2 million tons of organic materials, largest processor of yardwaste & foodwaste in North America

• Operate or partner with over 20 processing facilities in North America with more than 450 employees

• Harvest’s investors include True North Ventures, Industry Ventures, Generation IM, Munich Venture Partners, DAG Ventures, Piper Jaffray, Tur Partners and others

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Harvest harnesses the maximum value from organic materials through the production of renewable energy and soils, mulches and natural fertilizers.

Company Profile

About Harvest

Copyright © 2015 Harvest Power, Inc.

Strategic Footprint

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Focus on Markets with Strong Landfill Diversion/Energy Trends and Soil Product Demand

Vancouver Operations: 112 employees

Ontario AD Facility: 9 employees

Energy R&D and Ops (Ontario): 4

Canadian operations include 125 employees, with 2 AD energy, 1 of North America’s largest composting facilities and Harvest’s Energy ops/R&D center

US headquarters based in Waltham, MA and facilities span across US (322 employees across US)

Copyright © 2015 Harvest Power, Inc.

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Going Full Circle: Harvest Power Founding Vision

Be the market leader for North America’s 500M+ tons/year of organic materials by providing communities with tailored solutions

Create a more sustainable future by helping communities meet the challenges at the intersection of waste, agriculture and energy in the 21st century

Copyright © 2015 Harvest Power, Inc.

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Methodology: Bans classified as ‘weak’ or ‘strong.’ Assumed weak bans would ramp up to 50% of commercial food waste diverted within 5 years of a ban enactment, strong bans ramp to 75% within 5 years.

Growth Trend: Commercial Food Waste Landfill Bans By 2020, 87 million North Americans in 15 cities and states will be subject to a commercial food waste ban

RHODE ISLAND

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2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

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Copyright © 2015 Harvest Power, Inc.

Our Operating Anaerobic Digestion Facilities

Location

Tons per Year

Richmond, B.C. London, Ontario Reedy Creek, Florida

1.0MWe 3.0MWe 3.2MWe

Output Compost Granular Fertilizer Granular Fertilizer

Feedstock Food + Yard Waste Food + FOG Food + Sludge + FOG

Technology High Solids Low Solids Low Solids

Power

40,000 tons 70,000 tons 130,000 tons

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Copyright © 2015 Harvest Power, Inc.

Bourne Energy Garden Project Details

Location Off Route 28, co-located with Town Landfill

Host Community Town of Bourne

Digester Feedstocks

• Food Waste (including FOG) • Biosolids

Electrical Output 5 MW

Maximum Blend Ratio

50% Biogas (from anaerobic digester) 50% Landfill Gas

Product Produced Granular Fertilizer

Project Status • Permitting & PPA contracting • Construction – 2016 • Operations – 2017

Copyright © 2015 Harvest Power, Inc.

Building on Harvest Experience

Replicating Successes • Partnership with Town

• Comparable in design and size to London & Orlando

• Leveraging feedstock quantities to achieve scale

• Industrial depackaging

Learnings from the Best School • Improved pre-processing

• Weather-tolerant receiving area

• Greater buffer capacity

• Modified fertilizer load out system to improve product quality

8 Copyright © 2015 Harvest Power, Inc.

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There’s a better path for organics — help us get there.

Wayne Davis, VP - Government Affairs Harvest Power, Inc. 221 Crescent Street, Suite 402 Waltham, MA 02453 781-314-9504 [email protected]