⚡ 1480 RENAISSANCE DR

TO: Sunland America Corp. Development 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)

RECOMMENDATION: MAYBE

This report provides a comprehensive due diligence analysis for the potential acquisition and development of a distribution-scale Battery Energy Storage System (BESS) at the subject property. The site presents a compelling opportunity due to significant IRA incentives but carries substantial risks related to grid interconnection and regulatory approvals. The following analysis details these factors and recommends a clear path for further investigation.

1. Site Access & Topography

The subject property benefits from excellent physical access, a critical factor for construction logistics. Located in a well-established commercial office park immediately adjacent to Interstate 294, the site is served by public, paved roads (Renaissance Drive) designed for commercial vehicle traffic. This high-quality access mitigates risks associated with the delivery of heavy and oversized equipment, such as BESS containers, medium-voltage transformers, and switchgear. A preliminary review of aerial imagery shows no apparent obstructions like low-clearance bridges or tight turning radii between the highway and the site.

The topography in Park Ridge, consistent with the greater Chicago area, is expected to be flat to gently sloping. This is highly advantageous, as it will minimize the need for extensive civil work and grading, thereby reducing site preparation costs and timelines. While the provided data notes a discrepancy in acreage (35.02 acres vs. 2.97 acres from Regrid for the same APN), the 2.97-acre parcel size is more than sufficient for a ≤5MW BESS project. This discrepancy must be clarified via a title report and survey. Given its location in a developed park, we must assume the presence of existing utility easements for power, water, and communications. An ALTA survey will be required to identify these easements and ensure they do not conflict with the proposed BESS equipment layout.

2. Environmental Constraints

Environmental diligence presents several critical unknowns that must be addressed immediately. The FEMA flood zone and wetlands status are both listed as "Unknown." Any portion of the site falling within a 100-year floodplain (e.g., Zone AE