⚡ 1480 RENAISSANCE DR

MEMORANDUM

TO: Sunland America Corp. Development Team

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)

FINAL RECOMMENDATION: MAYBE

This report provides a comprehensive due diligence analysis for the potential development of a distribution-scale (≤5MW) Battery Energy Storage System (BESS) at the subject property. The analysis concludes with a MAYBE recommendation, driven by a significant IRA incentive opportunity that is currently counterbalanced by critical unknowns and high risks related to grid interconnection feasibility and the local permitting pathway. Immediate, targeted diligence is required to address these go/no-go factors before committing further resources.

1. Site Access & Topography

• Road Access & Feasibility: The site exhibits excellent access. It is located in a modern commercial office park directly off major thoroughfares (S. Cumberland Ave) and near Interstate 294. Access is via paved, public roads that appear well-maintained and sufficiently wide to accommodate heavy haul trucks for delivery of battery containers, pad-mount transformers, and switchgear. No obvious vertical clearance issues or challenging turning radii were observed during a desktop review.
• Terrain Characteristics: As is typical for the Chicago metropolitan area, the site is presumed to be flat with minimal grade. This is highly advantageous, as it will likely minimize civil engineering and site preparation costs. Requires Verification: A formal topographic survey will be needed to confirm grades and inform the site plan.
• Heavy Equipment Access: The existing infrastructure of the commercial park is designed for commercial vehicle traffic, making it highly suitable for construction access. A mobile crane for setting equipment should be able to operate on-site with relative ease, assuming a suitable laydown area can be secured.
• Easement Concerns: The parcel, noted as 2.97 acres by Regrid (discrepancy with the 35.02 acres in the primary data needs clarification), is part of a larger, developed office complex. It is almost certain to be encumbered by existing access, utility, and drainage easements benefiting the surrounding properties. A full title report is critical to identify any easements that could conflict with the proposed BESS footprint and electrical conduit routes.

2. Environmental Constraints

• FEMA Flood Zone: The FEMA flood zone designation is currently Unknown. This is a critical data gap. A preliminary desktop review suggests the area is likely in Zone X (minimal flood risk), but this must be formally verified. Siting within a Special Flood Hazard Area (e.g., Zone A,