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MMPA CELEBRATES 20 YEARS <br /> of POWER SUPPLY <br /> We are pleased to present the Minnesota Municipal Power Agency's(MMPA) <br /> 1 2015 Annual Report and to share with you our accomplishments and <br /> recognitions over the past year. <br /> ! This year signifies a major milestone for the Agency.In 2015,MMPA <br /> F .nx y <br /> 7� celebrated 20 years of being the power of your hometown.What <br /> , started out as 8 municipal utilities banding together to provide reliable, <br /> competitively-priced power for their customers has grown to 12 members, <br /> �e <br /> } • `' an Agency-owned power generation portfolio,and a customer base of nearly <br /> 0.4', 150,000 Minnesotans. <br /> As the Agency has continued to grow,its commitment to its members remains the same—to provide reliable, <br /> competitively-priced power to its members and to create value for both the Agency and its 12 Minnesota member <br /> municipal utilities.In 2015,the Agency delivered on its mission and accomplished this by being strategic,well- <br /> managed,and financially conservative. <br /> Over the past 20 years,the Agency has been a leader in power generation development.Through its long-term <br /> approach to power supply planning,MMPA has successfully built efficient,innovative,and environmentally respon- <br /> sible generation resources.We are especially proud to share that the Agency's newest generation asset,Hometown <br /> BioEnergy(HTBE),was recognized by the American Biogas Council as the 2015 Municipal Biogas Project of the Year. <br /> The facility was awarded for its leadership,innovation,and contribution to the growth of the U.S.biogas industry. <br /> Looking ahead,the Agency is developing its distributed generation program to meet MMPA's projected growth over <br /> the coming years.This program expects to place natural gas fueled distributed generation in MMPA's member <br /> communities of Shakopee, Chaska,and Anoka.The first facility in the program, Shakopee Energy Park,broke <br /> ground in spring 2016 and is expected to be in service in 2017. <br /> In addition to supplying reliable power,MMPA is committed to supporting the communities we serve.The Agency <br /> accomplishes this in multiple ways,including an Energy Education Program,development of local power generation in <br /> member communities,providing conservation and renewable energy programs to members'customers and converting <br /> waste from our member communities into a valuable source of energy at the Hometown BioEnergy facility. <br /> Planning for the future has brought us to where we are today—an innovative municipal power agency that provides <br /> reliable,competitively-priced power to our member communities,while creating value for both the Agency and <br /> our members.As we celebrate the many achievements and successes of MMPA over the past 20 years,we are <br /> humbled and honored to have served as the"power of your hometown."We look forward to providing our <br /> member communities'power supply for many years to come. <br /> Sincerely, 61.keti <br /> 0 bafbx_._ <br /> Steve Schmidt Derick 0.Dahlen <br /> Chairman,MMPA Board of Directors Executive Manager,MMPA <br /> President and CEO,Avant Energy,Inc. <br />