|BENEFITS OF COGEN VS. TRADITIONAL||COGEN||GRID|
|No Distribution Loss||No Loss||<5%>|
|Renewable - Recycle Heat||Yes||<15%>|
|Scalable to meet growing demands||Yes||No|
|BENEFITS OF CHP GROWTH||2006||2030|
|Annual Energy Savings||85 GW||241 GW|
|Total Annual CO reduction||1,895 trillion Btu/yr||5,272 trillion Btu/yr|
|Cars Taken Off Road (Equivalent)||45 million||154 million|
Through our experience, proprietary management and operations tech-nology, and our market positioning advantage in distressed COGEN assets, 808 has to date acquired over 50 COGEN plants secured through long term Energy Supply Contracts. We currently own and operate over 11 megawatts (MW) of power thereby reducing their users energy bills while providing efficiencies which reduce their carbon footprint.
With $15 million in capital already invested since inception, 808 currently has well over an additional $100 million worth of cogeneration and biogas projects in our pipeline. In addition, through our extensive network of relationships in the California energy markets, our demonstrated performance history in COGEN management and our strong reputation with utility regulators, we are being approached with new opportunities each week. All told, 808 Renewable Energy has over 300 MW of additional existing CHP plants targeted for future acquisitions.
Based on these current and foreseeable opportunities and with our initial build-out phase completed, 808 is focused on maximizing investor returns through our sustainable and scalable model. We are now accepting additional accredited investor capital of up to $50 million in total expansion stage capital from our existing and potential investor partners.
808's energy projects generate net income for our accredited investor partners through long term recurring revenue, monthly cash flow and pro-rata participation in profits from the sale of energy; as well as pass-thru of CHP specific Federal, State and utility company rebates and tax credits.