Ernst & Young has extensive experience in renewable energy and environmental infrastructure projects. They have over 65 professionals with expertise in sectors like wind, solar, biomass, water treatment, and transmission. They can provide a range of services to public and private sector clients in Ontario, including project finance, M&A, strategic consulting, and tax structuring. Ernst & Young aims to bring global capital to Ontario to fund growth in renewable energy and works with all stakeholders to develop appropriate business models for the energy market.

1. es
Ontario Renewable Energy Advisory Initiative
Mark Porter
Ernst & Young

2. ter
that
the
UK Energy & Environmental Infrastructure team
ct
te
Sector capabilities
Water
Waste treatment/ Supply
Wind Solar Biomass Manage't Desalination Transmission chain
Project Finance
M&A
Renewable energy core Wider areas of Experience in supporting 2008
competencies environmental industries/infrastructure
services Financial Advisor of the Year
– Renewables
Ernst & Young
► 65 full time professionals covering diverse environmental infrastructure sectors
► Diverse sectors becoming intrinsically linked
► New business models for traditional service provision
► Decentralized energy
► Democratization of power, heat, water
► Provides new challenges for Governments, policy setters and regulators
Green Energy Act Finance Forum: Ontario Renewable Energy Advisory Initiative 2

3. ter
that
the Relationships with all stakeholders provide complete market
understanding
ct
te
► Deep understanding of policy and ► Supporting private sector to build and finance
regulatory frameworks designed to new infrastructure, and engage/contact/transact
stimulate investment through monetizing with Government
CO2 reductions Public sector Private sector ► Evolve appropriate business models for the 21st
► Experience of direct government Century energy market
interventions for new infrastructure ► Support capital raisings and treasury
programmes (PPP / PFI), competitions management, enabling model investments to be
and procurement made
Investors
► Introducing new capital to fund growth.
► Evaluating and managing investor risks
► Providing integrated investor due diligence
services
Ernst and Young expertise
► Bring renewable energy sector and infrastructure expertise to ► Enable global flow of capital, required to supplement local
existing local team funding, to satisfy demand
Green Energy Act Finance Forum: Ontario Renewable Energy Advisory Initiative 3

4. ter
that
the The first dedicated renewable energy team beyond the UK is here in
Toronto, adding weight to an existing US cleantech team
ct
te
Renewable energy service offering to Canada
► Finance raising – equity and debt
► M&A – project/portfolio disposal (part or full) or acquisition
► Strategic consulting
► Tax structuring and planning
Canada
► Valuation and business modelling
Steve Lewis
Mark Porter
Jenny Tcharania
United States
Gil Forer
Joe Muscat
Joseph Fontana Climate change and sustainability service
Michael L Bernier
Richard Floreani offering to Canada
Jeff Grabow
Anne Rabin
► Climate change and sustainability assurance
► Climate change & sustainability risk advisory
► Supply chain & operational advisory
► Environmental & social risk assessment
► Environmental management systems & controls review
► First mover advantage from early ► Significant investment opportunity ► Ontario can be a conduit to the wider
investment in a key growth market for the local finance community Canadian market and into the US
Green Energy Act Finance Forum: Ontario Renewable Energy Advisory Initiative 4

5. ter
that
the
ct
te
Appendix A
Contact
Green Energy Act Finance Forum: Ontario Renewable Energy Advisory Initiative 5

6. ter
that
the
For further information and to discuss opportunities please contact:
ct
te
Mark Porter
Senior Associate
Direct tel: 416.943.2108 Ernst & Young Orenda Inc.
Cell: +44 7917 557979 222 Bay Street, PO Box 251
Email: mark.porter@ca.ey.com Toronto, Ontario, M5k 1J7
Green Energy Act Finance Forum: Ontario Renewable Energy Advisory Initiative 6

7. Ernst & Young LLP
Assurance Tax Transactions
Advisory
www.ey.com/uk
The UK firm Ernst & Young LLP is a limited liability
partnership registered in England and Wales with
registered number OC300001 and is a member firm
of Ernst & Young Global Limited.
Ernst & Young LLP, 1 More London Place, London SE1 2AF.
© Ernst & Young LLP 2009. Published in the UK.
All rights reserved.
Green Energy Act Finance Forum: Ontario Renewable Energy Advisory Initiative 7