Rollcast Energy

BARNESVILLE, GA (September 28, 2011) - The Georgia Economic Developers Association recognized the Barnesville-Lamar County Industrial Development Authority for an “outstanding achievement in the location/expansion of business in Georgia.” Barnesville-Lamar County was recognized because of the Piedmont Green Power project that recently announced locally.

The project will create 227 direct and indirect jobs and $200 million in capital investment. The company will be purchasing 1.2 million gallons of gray water from the city. The Authority was able to provide an infrastructure-ready site to the company by creative use of grant funding and a Congressional appropriation.

About the Award This is now the fourth year that GEDA has recognized the major projects from the previous year. In what has become a major portion of the Annual Awards Ceremony - GEDA recognizes recipients in three categories:

• SMALL - a county with population 50,000 and under,
• MEDIUM - a county with population 50,001 - 100,000
• LARGE - a county with population over 100,000

The Deal of the Year Awards recognize outstanding achievement in the location or expansion of new businesses in the state of Georgia that meet community economic development goals and involve significant community program support, such as financial or permitting assistance, workforce development, state financial support, etc.

About GEDA The Georgia Economic Developers Association is a non-profit association of professionals and volunteers dedicated to enhancing Georgia’s economic vitality. GEDA provides networking and professional development resources to its members and advocates public policies to support quality economic development and job creation throughout the state. For more information, please visit geda.org.

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Click here to see more pictures from the Piedmont Green Power groundbreaking ceremony and luncheon.

Charlotte, NC (October 21, 2010) - Rollcast Energy, Inc. (”Rollcast”) today announced the closing of non-recourse, project financing for Piedmont Green Power, LLC (the “Project”), Rollcast’s first greenfield biomass power project.  The terms of the financing include an $82 million construction and term loan and a $51 million bridge loan related to the treasury grant.  MUFG Power and Utilities and Investec are the lead arrangers and joint bookrunners for the financing.  In addition, Atlantic Power Corporation, which owns approximately 60% of Rollcast, will provide the equity for the project, making an equity contribution of approximately $75 million for substantially all of the equity interests in the Project.

Zachry, the Project’s EPC contractor, will be released to begin construction immediately and Rollcast expects the Project to be operational by the fourth quarter of 2012.  Delta Power Services, a subsidiary of Babcock & Wilcox, will provide operations and maintenance services and an affiliate of Rollcast will be the Project’s asset manager.  The power from the project will be sold to Georgia Power under a long-term power purchase agreement.

Piedmont Green Power is a 53.5 MW biomass plant located in Barnesville, Georgia, approximately 70 miles southeast of Atlanta.  The Project was developed and will be managed by Rollcast.  Construction of the Project is expected to generate more than 300 jobs and, once completed, will provide 27 full-time jobs during operation.  The Project will utilize 500,000 tons of woody biomass annually, 100% of which will come from the local region.

About Rollcast Energy, Inc.
Rollcast Energy develops biomass power plants that bring clean, sustainable energy and jobs to the local communities.  It has a diversified portfolio of projects, primarily in the southeastern United States.  For more, see www.rollcastenergy.com.

Charlotte, NC (July 1, 2010) - Rollcast Energy, Inc. announced today the addition of Rufus Kellam to its management team. Mr. Kellam, as Vice President, Construction, will primarily be responsible for the construction of Piedmont Green Power and Rollcast’s other greenfield projects. In addition, he will support other development, acquisition and asset management efforts for the company.

Mr. Kellam comes to Rollcast from Topaz Energy, where he served as Vice President, Construction Management. In this role, he brought three large and challenging projects with tight timelines to successful completion.

Previously, Mr. Kellam has been involved in energy privatization activities in Argentina, Australia, Brazil, Chile, Ecuador, Indonesia and Peru. He also served as VP of Transmission & Distribution at Shaw EDS Western Region, where he oversaw construction activities, developed and sustained customer relationships and ensured successful project performance.

“Not only is Rufus an excellent construction manager,” said Penn Cox, President and CEO of Rollcast Energy. “but he also has a strong background in operations, asset management and transmission. He will add considerably to the strength of the Rollcast team.”

In addition, Mr. Kellam served as project manager responsible for all aspects of engineering, procurement, and construction of a 66km 132 kV transmission line and the expansion of the Al-Amarah substation in Iraq. He also supervised 24 transmission coordinators responsible for coordination of all activities affecting bulk power transmission and energy movement of the Duke Power system, and was responsible for the stability and reliability of the entire Duke Power transmission network.

Mr. Kellam earned a Bachelor of Arts in Interdisciplinary Studies at the University of South Carolina, and went on to receive his MBA. He also has an Associate of Applied Science in Electronic Engineering.

About Rollcast Energy, Inc.

Rollcast Energy develops biomass power plants that bring clean, renewable energy and jobs to the local communities. It has a diversified portfolio of projects, primarily in the southeastern US. For more, see www.rollcastenergy.com.