⚡ 1480 RENAISSANCE DR

MEMORANDUM

TO: Sunland America Corp. Investment Committee
FROM: Senior BESS Site Evaluation Analyst
DATE: October 26, 2023
SUBJECT: Comprehensive Site Diligence Analysis for "Project Renaissance"
PROPERTY: 1480 RENAISSANCE DR, Park Ridge, Cook County, IL (APN: 09221100050000)

1. Site Access & Topography

The subject property benefits from excellent physical access. Located in a developed commercial office park in Park Ridge, it is served by public, paved roads capable of handling heavy commercial traffic. Delivery of large-scale BESS equipment, including 40-foot battery containers, multi-ton transformers, and inverter skids, appears highly feasible. A detailed route survey is recommended to confirm the absence of any low-clearance bridges or weight-restricted roads on the final approach, but this is considered a low risk.

Based on the location within the greater Chicago metropolitan area, the site's topography is presumed to be flat to gently sloping. This is highly advantageous, as it will significantly minimize civil engineering and grading costs, which can be substantial on more challenging terrain. The primary buildability concern is not topography, but the existing improvements on the parcel (an office building and associated parking).

Access easements will be a key diligence item. While the site has public road frontage, an easement will be required to construct and maintain the interconnection line to the Point of Interconnection (POI). The path and cost of this easement are currently unknown. Existing utility easements for power, water, and communications are certainly present and must be identified through a title report and ALTA survey to avoid conflicts with the proposed BESS layout.

2. Environmental Constraints

Environmental factors present a mix of moderate risks and a significant potential opportunity. The following constraints must be investigated:

• FEMA Flood Zone: Status is Requires Verification. Siting within a 100-year floodplain (e.g., Zone AE) would introduce significant design complexity and cost, requiring all equipment pads to be elevated above the Base Flood Elevation. A location within a designated floodway would likely be a fatal flaw. This must be the first environmental screen performed.
• Wetlands: Status is Requires Verification