December 16, 2022

Hillcrest Solar I, LLC

Attn: Michael Capaldo, Director – Construction
c/o Innergex Renewable Energy Inc.
Suite 1100-888 Dunsmuir St.
Vancouver, BC, V6C 3K4
Canada

Re: Qualified Energy Project Tax Exemption – Additional Documentation and

Reconsideration

Mr. Capaldo:

As you are aware, Hillcrest Solar I, LLC (“Hillcrest”) submitted an application for
certification as a Qualified Energy Project (“QEP”) on May 14, 2018, for a proposed 200 MW
solar facility to be located in Brown County, Ohio and the project was certified as a QEP on
June 4, 2018.

Hillcrest submitted a construction completion and employment report on November 9,

2021. The report indicated that the facility was placed into service on July 29, 2021, with a
final nameplate capacity of 200 MW. Additional information was provided by Hillcrest to
Development on June 20, 2022. Upon review of the employment report, staff at the Ohio
Department of Development (“Development”) determined the Ohio-domiciled percentage
did not satisfy the required 80% threshold found in ORC 5727.75(F). On July 21, 2022,
Development sent a noncompliance letter to Hillcrest identifying the non-compliance with
the Ohio-domiciled threshold (the “Non-Compliance Letter”).

Following the Non-Compliance Letter, Hillcrest provided additional information to

Development on September 19, 2022 and October 14, 2022, and requested reconsideration
of the non-compliance determination. Development has reviewed the additional
information and documentation and has determined the Hillcrest QEP project satisfies the
80% Ohio-domiciled requirement. Based on this compliance determination, Development
is issuing the attached Certificate of Verification for the QEP project.

Additionally, Development will be issuing a payment certificate for the QEP project
establishing the required payment to be made by Hillcrest to the Brown County Treasury
under ORC 5727.75(G).

If you have questions about this letter, please contact Eric.Lindner@development.ohio.gov.

Regards,
E-SIGNED by Matthew McClellan
on 2022-12-16 13:15:20 EST
Matt McClellan
Assistant Director
Ohio Department of Development

Cc: Susan Restrepo, Chief, Strategic Investment Division

Eric Lindner, Assistant Chief, Strategic Investment Division
Jack Christopher, Chief Legal, Ohio Department of Development
Ohio Department of Taxation
Brown County Commissioners
Brown County Auditor
Brown County Treasurer