Loans - AWARD SUMMARY


1366 TECHNOLOGIES INC.


The Project entails the design, development, financing, construction, start-up, operation and management of photovoltaic wafer production facilities with a total nameplate capacity of approximately 1,000 MW per year. The Project has three phases, each with a corresponding aggregate nameplate capacity as follows: Phase 1 - 20 MW; Phase 2 - 250 MW; and Phase 3 - 1,000 MW. The Project will be owned by 1366 Technologies. Phase 1 of the Project commenced in Lexington, MA and as of December 2012, has been transferred to a new facility in Bedford, MA. Phase 2 and Phase 3 will be executed in another jurisdiction to be determined. All three Phases of the Project are included in scope of project costs that are fundable by the DOE Loan Guarantee Agreement (LGA). However, the first advance will not occur for a period of months after the award, pending attainment of certain stated requirements.

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AWARD OVERVIEW

AWARD OVERVIEW
Award Number LP0000043 Funding Agency Department of the Treasury
Total Award Amount $143,229,000 Project Location - City Bedford
Award Date 09/01/2011 Project Location - State MA
Project Status Less Than 50% Completed Project Location - Zip 01730-2334
Jobs Reported 6.72 Congressional District 06
Project Location - Country US

Recipient Information (Loans)

Recipient Information (Loans)
Recipient Name 1366 TECHNOLOGIES INC.
Recipient DUNS Number 800572237
Recipient Address 45 HARTWELL AVE
Recipient City LEXINGTON
Recipient State Massachusetts
Recipient Zip 02421-3102
Recipient Congressional District 05
Recipient Country USA
Required to Report Top 5
Highly Compensated Officials
No

Projects and Jobs Information

Projects and Jobs Information
Project Title Project Eagle
Project Status Less Than 50% Completed
Final Project Report Submitted No
Project Activities Description Other Electric Power Generation
Quarterly Activities/Project Description The Project commenced during Q3 2011, and the LGA was signed on 9/1/11. Activities during 2012 and Q1 2013 related to the initial design, procurement, and build of equipment related to Phase 1 of the Project, management time and third party costs associated with administering the Project, and site development costs. During Q4 2012, 1366 took occupancy of the Phase I facility in Bedford, MA and ended installation of required capital equipment. During Q1 2013, the Company commenced commissioning of the equipment.
Jobs Created 6.72
Description of Jobs Created High level engineering and administrative staff.


Purchaser Information (Loans)

Purchaser Information
Contracting Office ID Not Reported
Contracting Office Name Not Available
Contracting Office Region Not Available
TAS Major Program 89-4486

Award Information

Award Information
Award Date 09/01/2011
Award Number LP0000043
Order Number
Award Type Loans
Funding Agency ID 20
Funding Agency Name Department of the Treasury
Funding Office Name Not Available
Awarding Agency ID 89
Awarding Agency Name Department of Energy
Amount of Award $143,229,000
Funds Invoiced/Received $0
Expenditure Amount $0
Infrastructure Expenditure Amount $0
Infrastructure Purpose and Rationale Not Reported
Infrastructure Point of Contact Name Not Reported
Infrastructure Point of Contact Email Not Reported
Infrastructure Point of Contact Phone Not Reported
Infrastructure Point of Contact Address Not Reported
Infrastructure Point of Contact City Not Reported
Infrastructure Point of Contact State Not Reported
Infrastructure Point of Contact Zip Not Reported

Product or Service Information (Loans)

Product or Service Information
Primary Activity Code 221119
Activity Description Other Electric Power Generation

Sub-Awards Information

Sub-Awards Information
Sub-awards to Organizations 0
Sub-award Amounts to Organizations $0
Sub-Awards to Individuals 0
Sub-Award Amounts to Individuals $0
Number of Sub-awards less than $25,000/award 0
Amount of Sub-awards less than $25,000/award $0
Number of payments to vendors greater than $25,000 19
Total Amount of payments to vendors greater than $25,000/award $2,495,116
Number of payments to vendors less than $25,000/award 96
Total Amount of payments to vendors less than $25,000/award $440,597




Vendor Transactions

Americarb - Award Number LP0000043 - Americarb

Award Number LP0000043
Sub-Award Number N/A
Vendor DUNS Number Not reported
Vendor HQ Zip Code + 4 44805-1248
Vendor Name Americarb
Product and Service Description Parts
Payment Amount $36,561

Despatch Industries - Award Number LP0000043 - Despatch Industries

Award Number LP0000043
Sub-Award Number N/A
Vendor DUNS Number Not reported
Vendor HQ Zip Code + 4 55044-9639
Vendor Name Despatch Industries
Product and Service Description Equipment
Payment Amount $178,396

Dore Real Estate - Award Number LP0000043 - Dore Real Estate

Award Number LP0000043
Sub-Award Number N/A
Vendor DUNS Number Not reported
Vendor HQ Zip Code + 4 48706-4075
Vendor Name Dore Real Estate
Product and Service Description Real estate option to buy
Payment Amount $62,600

Evans Industries - Award Number LP0000043 - Evans Industries

Award Number LP0000043
Sub-Award Number N/A
Vendor DUNS Number Not reported
Vendor HQ Zip Code + 4 01983-1220
Vendor Name Evans Industries
Product and Service Description Equipment
Payment Amount $29,950

Fitch Inc. - Award Number LP0000043 - Fitch Inc.

Award Number LP0000043
Sub-Award Number N/A
Vendor DUNS Number Not reported
Vendor HQ Zip Code + 4 10087-6858
Vendor Name Fitch Inc.
Product and Service Description Professional services - credit rating
Payment Amount $120,000

iAutomation - Award Number LP0000043 - iAutomation

Award Number LP0000043
Sub-Award Number N/A
Vendor DUNS Number Not reported
Vendor HQ Zip Code + 4 01915-6141
Vendor Name iAutomation
Product and Service Description Automation equipment
Payment Amount $176,615

IPG Photonics - Award Number LP0000043 - IPG Photonics

Award Number LP0000043
Sub-Award Number N/A
Vendor DUNS Number Not reported
Vendor HQ Zip Code + 4 01540-9999
Vendor Name IPG Photonics
Product and Service Description Equipment
Payment Amount $39,407

Kelly, Anderson, & Associates, Inc - Award Number LP0000043 - Kelly, Anderson, & Associates, Inc

Award Number LP0000043
Sub-Award Number N/A
Vendor DUNS Number Not reported
Vendor HQ Zip Code + 4 22314-2312
Vendor Name Kelly, Anderson, & Associates, Inc
Product and Service Description Professional services related to the LGA application.
Payment Amount $31,379

Lincoln Tool & Machine Corp - Award Number LP0000043 - Lincoln Tool & Machine Corp

Award Number LP0000043
Sub-Award Number N/A
Vendor DUNS Number 045429172
Vendor HQ Zip Code + 4 01749-3213
Vendor Name Lincoln Tool & Machine Corp
Product and Service Description Machine parts
Payment Amount $29,620

Merrimac Tool - Award Number LP0000043 - Merrimac Tool

Award Number LP0000043
Sub-Award Number N/A
Vendor DUNS Number Not reported
Vendor HQ Zip Code + 4 01913-1414
Vendor Name Merrimac Tool
Product and Service Description Equipment and tools
Payment Amount $56,684

MERSEN - Award Number LP0000043 - MERSEN

Award Number LP0000043
Sub-Award Number N/A
Vendor DUNS Number Not reported
Vendor HQ Zip Code + 4 19170-6401
Vendor Name MERSEN
Product and Service Description Machine parts
Payment Amount $61,695

Midland Loan Services - Award Number LP0000043 - Midland Loan Services

Award Number LP0000043
Sub-Award Number N/A
Vendor DUNS Number Not reported
Vendor HQ Zip Code + 4 66225-5999
Vendor Name Midland Loan Services
Product and Service Description Collateral agent
Payment Amount $45,814

Mitchell Machine Inc. - Award Number LP0000043 - Mitchell Machine Inc.

Award Number LP0000043
Sub-Award Number N/A
Vendor DUNS Number Not reported
Vendor HQ Zip Code + 4 01139-0128
Vendor Name Mitchell Machine Inc.
Product and Service Description Equipment
Payment Amount $93,625

MWI Incorporated - Award Number LP0000043 - MWI Incorporated

Award Number LP0000043
Sub-Award Number N/A
Vendor DUNS Number Not reported
Vendor HQ Zip Code + 4 14267-0001
Vendor Name MWI Incorporated
Product and Service Description Parts and consumables
Payment Amount $77,299

Navigant Consulting, Inc. - Award Number LP0000043 - Navigant Consulting, Inc.

Award Number LP0000043
Sub-Award Number N/A
Vendor DUNS Number Not reported
Vendor HQ Zip Code + 4 02210-1804
Vendor Name Navigant Consulting, Inc.
Product and Service Description Professional services - market analysis
Payment Amount $99,710

Shaw Consultants International, Inc. - Award Number LP0000043 - Shaw Consultants International, Inc.

Award Number LP0000043
Sub-Award Number N/A
Vendor DUNS Number Not reported
Vendor HQ Zip Code + 4 60694-6900
Vendor Name Shaw Consultants International, Inc.
Product and Service Description Professional services - independent engineer
Payment Amount $112,838

Warner Power - Award Number LP0000043 - Warner Power

Award Number LP0000043
Sub-Award Number N/A
Vendor DUNS Number Not reported
Vendor HQ Zip Code + 4 03278-4226
Vendor Name Warner Power
Product and Service Description Power supply equipment
Payment Amount $58,889

White & Case - Award Number LP0000043 - White & Case

Award Number LP0000043
Sub-Award Number N/A
Vendor DUNS Number Not reported
Vendor HQ Zip Code + 4 60673-1238
Vendor Name White & Case
Product and Service Description Professional services - legal (DOE counsel)
Payment Amount $838,060

WilmerHale - Award Number LP0000043 - WilmerHale

Award Number LP0000043
Sub-Award Number N/A
Vendor DUNS Number Not reported
Vendor HQ Zip Code + 4 02212-4550
Vendor Name WilmerHale
Product and Service Description Professional services - legal
Payment Amount $345,975



Project Location Detail

Location Information
Latitude, Longitude 42º 28' 56", -71º 15' 55"
Congressional District 06
Address 1 6 Preston Ct
Address 2
City Bedford
County Middlesex
State MA
Zip 01730-2334
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