The document summarizes the considerable improvements and record performance of CalEnergy's 10 facilities over the past year. Key points include: achieving over 100% capacity for 4 consecutive summer months for the first time in 9 years; completing all performance tests without issues after 9 years of facilities being placed on probation; generating over $17 million in additional revenue by shifting generation during a de-rating period; realizing $2.5 million in annual savings through optimized scheduling; and standardizing operations to enhance reliability across all facilities.

1. The yellow capacity factor trend line does not lie!
The track record at CalEnergy within one year was considerable and the performance numbers speaks for themselves along with the turnaround of the facilities, namely:
The best June, July, August & September summer peak operations in over 9-years, each month all 10 facilities attained over 100% capacity.
 No issues with SCE all performance tests completed in July without issue, which has not happened again in over 9-years. Previously each year at least one if not
two facilities would be placed on probation for not making contract peak performance. Even SCE commented on the significant improvement in reliable
operations of the CalEnergy IV facilities!
 “Segwayed” facility generation to alternate delivery points during the IID de-rate period earlier this year whereby CalEnergy was able to garner over +$17 mils in
additional revenue, which they would not have otherwise realized.
 Record execution of both OATT & dynamic scheduling for all ten facilities in a record 4-month period, realizing an additional $2.5 mils saving per annum for
CalEnergy. Obtained an IID 50 MWe PPA (NPV $232 mils) in record time, which is highly unusual for both the IID and CalEnergy.
 Complete optimization of Region #1 170 MWe generation where previously there would have been multiple forced outages by this time in the season, there have
been none. Real simple approach being focus on the power plant as a power and make the investments in the areas that target and sustain reliability. The
Region #1 facilities have not run like that since before 2005.
 Standardization across the CE fleet has further enhanced their respective reliabilities.
 Developed a program to internally reline all three Region’s existing clarifiers over a 3-year period to enhance reliability/safety & environmental attributes and
reduce capital spend in the out years beyond 2025 by over $104 mils in not having to replace complete clarifiers.