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August 22, 2013 www.seia.org | www.cohnreznick.com VALUATION OF SOLAR GENERATION ASSETS

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Page 1: VALUATION OF SOLAR GENERATION ASSETSSolar Energ IA Industries Association . Solar Energ IA Industries Association . Author: Tom Kimbis Created Date: 8/22/2013 2:17:41 PM

August 22, 2013www.seia.org | www.cohnreznick.com

VALUATION OF SOLAR GENERATION ASSETS

Page 2: VALUATION OF SOLAR GENERATION ASSETSSolar Energ IA Industries Association . Solar Energ IA Industries Association . Author: Tom Kimbis Created Date: 8/22/2013 2:17:41 PM

August 22, 2013www.seia.org | www.cohnreznick.com

Cost Approach

Page 3: VALUATION OF SOLAR GENERATION ASSETSSolar Energ IA Industries Association . Solar Energ IA Industries Association . Author: Tom Kimbis Created Date: 8/22/2013 2:17:41 PM

August 22, 2013www.seia.org | www.cohnreznick.com

Income Approach

Page 4: VALUATION OF SOLAR GENERATION ASSETSSolar Energ IA Industries Association . Solar Energ IA Industries Association . Author: Tom Kimbis Created Date: 8/22/2013 2:17:41 PM

August 22, 2013www.seia.org | www.cohnreznick.com

Market Approach

Page 5: VALUATION OF SOLAR GENERATION ASSETSSolar Energ IA Industries Association . Solar Energ IA Industries Association . Author: Tom Kimbis Created Date: 8/22/2013 2:17:41 PM

August 22, 2013www.seia.org | www.cohnreznick.com

A Note Regarding Purchase Price Allocations

Page 6: VALUATION OF SOLAR GENERATION ASSETSSolar Energ IA Industries Association . Solar Energ IA Industries Association . Author: Tom Kimbis Created Date: 8/22/2013 2:17:41 PM

August 22, 2013www.seia.org | www.cohnreznick.com

Conclusion

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