2 DISCLAIMERCertain statements in the following presentationregarding Greenscape Capital Group’s businessoperations may constitute “forward lookingstatements”. Such statements are not historical factsbut are predictions about the future, which inherentlyinvolve risks and uncertainties, and these risks anduncertainties could cause our actual results to differmaterially from those contained in the forwardlooking statements.
3“INVESTINGGREEN WILL BETO THE TWENTY-FIRST CENTURYWHAT INVESTINGIN TECHNOLOGYWAS TO THETWENTIETHCENTURY.”– NY Times Bestseller, Go Green, Live Rich: 50Simple Ways to Save the Earth (and Get RichTrying), by David Bach (Broadway Books)
4 Our Industry: The Parking Industry in North America•In 1980 there were just over 160 million automobiles on the roadin America alone. Today, that number is over 255 million (RITAResearch & Innovative Technology Administration, Bureau of TransportationStatistics, 2008).•Automobiles, when away from their point of origination, need topark.•As such, the parking business in North America is a $20-25billion per year industry (Koudelka, 2009).•Whatever the car of the future is (electric, hybrid, gas, etc),parking will still be required for these automobiles.
5 the PROBLEMS•The parking industry has a negative impact on the environment.•The parking industry comprises a significant component of thecommercial built environment.•The parking industry, a dirty industry in itself, houses aninherently dirty product (the automobile).• To date, little has been done by the parking industry to decreaseits environmental impact.
6 The Solutions•Greenscape Capital, with operating partners Propark, is changing the parkingindustry.•This change, via the building of the world’s greenest parking facility and theenergy retrofitting of existing facilities, has started.•Solutions include: - construction of new and environmentally sensitive parking facilities that incorporate the best of breed in proven technologies such as wind and solar energy, geothermal heating and cooling, along with the incorporation of electric vehicle plug in stations and LEED Gold building standards. -the energy retrofitting of existing facilities in the built environment; increasing energy efficiency and thereby increasing operating profits. -bringing this environmental focus to new market areas through the expansion of Propark’s core operating business which is parking lot management.
7 Greenscape’s Denver Project:The World’s Greenest Parking Facility• The Denver green parking facility, Canopy Airport Parking, is a state of the art showpiece featuring a 4200 stall parking lot servicing the Denver International Airport (DIA), the largest airport in the United States of America.• The facility will feature a variety of sustainable operating methods including geothermal heating and cooling, solar and wind energy, Electric Vehicle (EV) charging stations, LED lighting, and is being built in accordance with LEED Gold building principles.• The parking facility has a strategic location.• Very high barriers to entry for competition.
9KEY SUSTAINABLE FEATURES:Solar Farm•Sharp Solar Electricity is the solar energysupplier for the Denver parking facility.•Sharp’s solar arrays create energy from thesun, lowering electricity costs and avoidingcarbon emissions.•Sharp’s NU-235F1 solar modules have beeninstalled at the parking facility.•These solar modules incorporate an advancedsurface texturing process to increase lightabsorption & improve efficiency.Wind Turbine Farm•Windspire Energy is the wind energy supplierfor the Denver parking facility.•Eight vertical access wind turbines will beinstalled around the main entrance drive of theparking facility.•At 30 feet tall and 4 feet wide, the Windspirewind turbine has a sleek propeller-free designand operates in an ultra-quiet manner.
10KEY SUSTAINABLE FEATURES:Electric Vehicle (EV) Charging Stations•“Juice Bars” (EV charging stations) will beinstalled at the Denver parking facility toservice EV parking guests.•The Juice Bars are made from sustainablematerials & are UL-approved.•Feature energy efficient LED internalbacklighting & multiple levels of safety for theuser.Geothermal Heating & Cooling•Geothermal systems will be used to heat &cool the indoor buildings at the facility.•Seven boreholes were drilled onsite, each to adepth of approximately 300 feet.•During the heating season, the circulated fluidtemperature will drop and during the coolingseason, the loop field temperature will beincreased.
11DENVER INTERNATIONAL AIRPORT (DIA)• By land, the largest airport in the United States and the third largest in the world.• By passenger traffic, the fifth busiest in the United States and the tenth busiest in the world.• Voted “Best Airport in North America” in 2005 by Business Traveler Magazine.• Named “America’s Best Run Airport” by Time Magazine in 2002.• Rapidly growing, now serving more than 51 million passengers annually.• 2009 DIA passenger growth exceeded projections and 2010 year to date passenger growth up 3.8%.
12 FINANCIAL DETAILS• $30,900,000 value upon completion of construction (pre-cash flow) & $41,600,000 upon market stabilization, as per appraisal completed by Cushman & Wakefield.• $17,400,000 total construction cost.• $19,000,000 - $20,000,000 per year gross revenue.• $26,000,000 in distributable cash targeted in the first 3 years of operation.• $8,500,000 debt has been arranged by Wells Fargo Bank at a top tier interest rate.• Construction commenced May 2010. Remaining ahead of schedule and on budget, the facility opened for business November 2010.• Greenscape Capital owns 81.2% of the project, 18.8% interest is held by Propark• Management contract in place with Propark, a company in the parking lot management business that has been in the business for 25 years, operating 400 locations across North America. *All values are in U.S. dollars
14Expansion strategy with propark: 3 Distinct & Sizeable revenue streams• Identify, evaluate and select future sites for green parking facility construction modeled on the Denver facility.• Provide energy retrofit services for existing parking facilities throughout North America.• Expand, with Propark, into parking lot management in Canada with a foundation of sustainable, green management principles.
15KEY GREENSCAPE RELATIONSHIPS & PARTNERSHIPS Wells Fargo Bank arranged project debt financing 3 year, 5.45% fixed interest rate per annum Propark operators at the Denver parking facility, Canopy Airport Parking, and Greenscape’s equity partner on the project Marsh Canada risk assessment, project insurance BMW Group DesignworksUSA branding, marketing & design Frontier Airlines promotional partnership with Canopy Airport Parking
16Bryan Slusarchuk, CEO and Director• Significant experience structuring, financing, and operating public companies.• Extensive expertise as a public and private company director, developed through leadership experience with companies involved in manufacturing, retail, consumer goods and environmental products.• Has an extensive North American and European financial network and has worked within it to structure debt and equity financing for multiple international ventures.• Energy Retrofit leadership has resulted in recent speaking engagements at the Carbon War Room’s Global Challenge, TEDx and on Business Television’s The Business of Green.• Leadership role in the establishment of Propark Canada.Michael Hofer, CCEP, Director and Manager of Environmental and Corporate Integration• An environmental expert who is instrumental in developing and guiding the companys environmental protocols and standards.• An active professional in the field of Environmental Services and Operations.• Has managed approximately $30 million in capital projects relating to the environmental field.• Extensive project management experience in construction projects with environmental components.Nick Skomorowski, Senior Advisor• Diverse mega project management experience spanning over a distinguished 40-year career.• One of Canada’s most accomplished senior project managers and has supervised more than $1 billion on construction projects.• Notably, Mr. Skomorowski has been involved in the project management of such developments as: King Shaka Durban International Airport in South Africa, terminal one at the Toronto Pearson International Airport, automotive plants, industrial projects, petrochemical plants, MDF board facility, power plants, potash facility and large scale steel operations.
17Christopher Bennett, Director• Former Leader of the Green Party of British Columbia.• Elected to Green Party of Canada’s Federal Council in 2007.• Currently Director of Communications for a BC based corporation ranked in the Financial Post Top 500.Edward Wright, Director• Extensive management experience and business leadership.• Former President of Baume & Mercier and former Executive Vice President in North America for Cartier.• Current Chief Executive Officer of CRH Medical.Yale Loh, Director• Treasurer, BC Hydro & Power Authority, appointed in 2006.• Chartered Financial Analyst, holding a Masters of Business Administration degree in Finance from the J.L. Kellogg School of Management at Northwestern University, Evanston, Illinois.• Chair of the Board of Directors of the Greater Vancouver Big Brothers Foundation and a member of the Board of Directors of the Association of Financial Professionals of Canada.Robert Geisthardt, Chief Financial Officer• Significant expertise in financial planning, financial reporting and financial risk management.• Distinguished financial career including employment with Ernst & Young LLP and extensive experience as a CFO with multiple public companies.• Holds a Chartered Accountants designation.
18 capital STRUCTUREShares Issued 28,845,512Escrow 5,919,000Fully Diluted 40,808,234Market Capitalization $8,220,971Denver DIA Project DebtArranged by Wells Fargo Bank - 3 yr term, 5.45% $8,500,000per annum fixed interest rateStock Exchange TSX-V: GRN