		Capital Technology, Inc.
Rule 1705 Renewable Energy rapid deployment update Recent CTI Assignments		Clean and Renewable Energy Project Financing Founded 20 years ago, Capital Technology, Inc. (CTI) is a specialized NASD broker-dealer that provides financial advisory and capital-raising services for developers and owners of clean and renewable energy projects. CTI's mission is to create substantial, lasting value for its clients through creative transaction-oriented problem-solving. CTI excels at strategic and first-of-a-kind merger & acquisition and capital-raising assignments where it can bring to bear its blend of financial, commercial and technical expertise on major transactions. Clients have included developers, government agencies, industrial hosts, turnkey contractors, equipment suppliers, gas and electric utilities, equity investors and lenders. Energy project finance experience CTI and its alliance members have successfully closed or obtained commitments on over $7 billion in project equity, taxable and tax-exempt project debt, and/or sell-side merger and acquisition transactions involving the following fuels and technologies: Coal, petcoke and waste-fueled gasification Nuclear Waste coal-fired circulating fluidized bed Landfill gas-to-energy Waste-to-energy Natural gas combined cycle Hydroelectric Biomass Wind energy Ocean wave energy CTI has also performs strategic consulting assignments involving the above technologies. Two of CTI's members are currently serving as Senior Evaluators for the U.S. Department of Energy charged with ranking nuclear power and fossil project loan guarantee applications. On all technologies except nuclear, CTI is able to advise applicants on how best to navigate their way through the federal loan guarantee application process. Capital sources CTI maintains close relationships with a wide variety of energy project financing sources, including providers of development capital, permanent equity and limited-recourse debt (see Investors). These financing sources vary considerably in their appetite for development and technology risk, understanding of process plant economics, return requirements, accounting constraints, ability to utilize tax benefits, and approval processes. The result is an extremely diverse set of investors, each unique unto themselves. Being able to anticipate these differences is essential when taking deals to market. CTI maintains regular contacts with these sources in order to stay up-to-date on their needs and constraints, and to be able to select financing sources best- suited to a given technology, location and transaction size. Because CTI is independent of any financial institution, it can bring your company the best terms the current capital markets have to offer. Resources By staffing assignments with seasoned financial, commercial and technical experts (see Resources), CTI is able to custom-tailor the engagement team to fit your exact needs. On specialized gasification issues, CTI is also able to draw on the full technical resources of R. W. Beck, Inc. Tough Assignments, Creative Solutions Member, Financial Industry Regulatory Authority (FINRA) and Securities Investor Protection Corporation (SIPC) David R. Siever, Chairman, Capital Technology, Inc. 46 Tory Hill Lane, Rowayton, CT 06853 203-853-0220 Fax: 203-853-0535 e-mail: drsiever@optonline.net www.capital-technology.com

Capital Technology, Inc.

Rule 1705 Renewable Energy rapid deployment update

Recent CTI Assignments

Clean and Renewable Energy Project Financing

Founded 20 years ago, Capital Technology, Inc. (CTI) is a specialized NASD broker-dealer that provides financial advisory and capital-raising services for developers and owners of clean and renewable energy projects.

CTI's mission is to create substantial, lasting value for its clients through creative transaction-oriented problem-solving. CTI excels at strategic and first-of-a-kind merger & acquisition and capital-raising assignments where it can bring to bear its blend of financial, commercial and technical expertise on major transactions. Clients have included developers, government agencies, industrial hosts, turnkey contractors, equipment suppliers, gas and electric utilities, equity investors and lenders.

Energy project finance experience

CTI and its alliance members have successfully closed or obtained commitments on over $7 billion in project equity, taxable and tax-exempt project debt, and/or sell-side merger and acquisition transactions involving the following fuels and technologies:

Coal, petcoke and waste-fueled gasification

Nuclear

Waste coal-fired circulating fluidized bed

Landfill gas-to-energy

Waste-to-energy

Natural gas combined cycle

Hydroelectric

Biomass

Wind energy

Ocean wave energy

CTI has also performs strategic consulting assignments involving the above technologies. Two of CTI's members are currently serving as Senior Evaluators for the U.S. Department of Energy charged with ranking nuclear power and fossil project loan guarantee applications. On all technologies except nuclear, CTI is able to advise applicants on how best to navigate their way through the federal loan guarantee application process.

Capital sources

CTI maintains close relationships with a wide variety of energy project financing sources, including providers of development capital, permanent equity and limited-recourse debt (see Investors). These financing sources vary considerably in their appetite for development and technology risk, understanding of process plant economics, return requirements, accounting constraints, ability to utilize tax benefits, and approval processes. The result is an extremely diverse set of investors, each unique unto themselves. Being able to anticipate these differences is essential when taking deals to market. CTI maintains regular contacts with these sources in order to stay up-to-date on their needs and constraints, and to be able to select financing sources best- suited to a given technology, location and transaction size.

Because CTI is independent of any financial institution, it can bring your company the best terms the current capital markets have to offer.

Resources

By staffing assignments with seasoned financial, commercial and technical experts (see Resources), CTI is able to custom-tailor the engagement team to fit your exact needs. On specialized gasification issues, CTI is also able to draw on the full technical resources of R. W. Beck, Inc.

Tough Assignments, Creative Solutions

Member, Financial Industry Regulatory Authority (FINRA) and Securities Investor Protection Corporation (SIPC)

David R. Siever, Chairman, Capital Technology, Inc. 46 Tory Hill Lane, Rowayton, CT 06853 203-853-0220 Fax: 203-853-0535 e-mail: drsiever@optonline.net www.capital-technology.com