Exhibit C_WPPH FLA

Page 1

Final License Application

Exhibit C: Proposed Construction

Schedule

White Pine Pumped Storage Project

FERC Project No. 14851

White Pine Waterpower, LLC

February 2023

Final License Application – Exhibit C White Pine Pumped Storage Project February 2023 | i Contents 1.0 Proposed Construction Schedule 1 1.1 First Year of Construction (2025) 2 1.2 Second Year of Construction (2026) 2 1.3 Third Year of Construction (2027) ............................................................................................. 3 1.4 Fourth Year of Construction (2028) 3 1.5 Fifth, Sixth, and Seventh Year of Construction (2029 to 2031) ................................................ 3 1.6 Commercial Operation 3 2.0 Previously Constructed Facilities 4 3.0 White Pine Pumped Storage Project Execution Schedule .................................................................. 5 Tables Table 1.0-1. Project Milestones 1

Final License Application – Exhibit C

White Pine Pumped Storage Project

List of Acronyms

BLM Bureau of Land Management

ECI Early Contractor involvement

EPC Engineering, Procurement, and Construction

FERC Federal Energy Regulatory Commission

FLA Final License Application

NTP Notice to Proceed

OEM Original Equipment Manufacturer

RFQ Request for Qualifications

ROW Right of Way

WPW White Pine Waterpower, LLC

February

2023 | ii

1.0 Proposed Construction Schedule

Final License Application – Exhibit C White Pine Pumped Storage Project February 2023 |

The White Pine Pumped Storage Project (Project) milestones are summarized in Table 1.0-1 and the proposed construction execution schedule is attached in Section 3.0.

1
Milestone Date FERC approved Board of Consultant Onboarded 09-Feb-2024 Original equipment manufacturer (OEM) – Notice to Proceed (NTP) 13-Feb-2024 OEM – Commence model development/design of major pumping/generating equipment 14-Feb-2024 Early Works (Access road, wellfield and water conveyance, laydown area, utility lines relocation etc.) NTP 09-Aug-2024 FERC License Issued 06-Feb 2025 FERC Approval of Quality Control Inspection Plan (QCIP) 03-Mar 2025 BLM Issues ROW Grant 13-Mar 2025 Early Works Start Construction 14-Mar-2025 Early Works Upper Hillside Complete 30-May-2025 Main Civil Works NTP 05-Jun-2025 Main Civil Works Start Construction 30-Sep-2025 Transformer Cavern Civil Complete 16-Sep-2027 Main Access Tunnel Ready to receive major Equipment 31-Jan-2028 Lower Reservoir Ready for Filling 20-Apr-2028 Powerhouse Cavern Last Draft Tube Pit complete 04-Aug-2028 Headrace Shaft Complete 27-Dec-2028 Upper Reservoir Ready for Filling 22-Feb-2029 Tailrace ready for water up 17-Oct-2029 Ready to Commission First Pump/Turbine (# 3) 11-Nov-2030 Commission Pump/Turbine # 3 05-Feb-2031
Table 1.0-1. Project Milestones

Final License Application – Exhibit C White Pine Pumped Storage Project

All Three Units Commissioned (Order is 3,2,1)

Final Project Completion

Activities associated with each year of construction are summarized below.

1.1 First Year of Construction (2025)

The first year of construction will consist of:

• Mobilization of construction plant, equipment, and labor

• Water Source – Site preparation, water pipeline, and wellfield installation

• Access Roads and Laydowns – Construct access roads and laydown areas

• Upper Reservoir – Start site preparation and excavation

• Lower Reservoir – Start site preparation and excavation

• Upper Hillside – Site preparation and excavation of cable and main access tunnel portals

• Tunnels – Start excavation and support of cable and main access tunnel

• Construction Power – Establish construction power connections

• Transmission Corridor – Site preparation, erect service power transmission line

1.2 Second Year of Construction (2026)

The second year of construction will consist of:

• Upper Reservoir – Complete excavation and embankments

• Lower Reservoir – Continue excavation, start embankments

• Tunnels – Continue cable and main access tunnel and start tailrace tunnel from Lower Reservoir

February 2023

| 2 Milestone Date Commission Pump/Turbine
30-Apr-2031 Commission
23-Jul-2031
# 2
Pump/Turbine # 1
23-Jul-2031
17-Sep-2031

1.3 Third Year of Construction (2027)

The third year of construction will consist of:

• Upper Reservoir – Continue excavation, start embankments

• Lower Reservoir – Complete embankments and start lining

• Tunnels – Continue cable tunnel; continue main access tunnel; start and complete excavation of construction access, headrace, high-pressure penstocks, and draft tube tunnels. Start tailrace tunnel and headrace shaft.

• Caverns – Start and complete transformer cavern and power tunnels and start powerhouse cavern

• Transmission Corridor – Start construction HV transmission line

1.4 Fourth Year of Construction (2028)

The fourth year of construction will consist of:

• Upper Reservoir – No works

• Lower Reservoir – Complete lining and inlet/outlet structure and start filling Lower Reservoir

• Tunnels – Complete all steel and concrete lining of the underground waterways with exception of the tailrace tunnel

• Caverns – Complete powerhouse cavern excavation

• Transmission Corridor – Continue construction HV transmission line

1.5 Fifth, Sixth, and Seventh Year of Construction (2029 to 2031)

The subsequent years of construction will consist of:

• Upper Reservoir – Complete lining, inlet/outlet structure and reservoir filling

• Continuing civil construction and installation of hydromechanical components

• Complete installation of the electrical and mechanical balance of plant

• Commissioning of the turbine units

• Transmission Corridor – Complete transmission line and switchyard

• Demobilization

1.6 Commercial Operation

The proposed approximate date for commercial operation is March 6, 2031.

C
2023 | 3
Final License Application – Exhibit
White Pine Pumped Storage Project February

Final License Application – Exhibit C

White Pine Pumped Storage Project

2.0 Previously Constructed Facilities

No portion of the proposed Project consists of previously constructed facilities

February 2023 |

4

Final License Application – Exhibit C

White Pine Pumped Storage Project

3.0 White Pine Pumped Storage Project Execution Schedule

February 2023 |

5

White Pine Pumped Storage Project - Execution Schedule - Exhibit C Mott MacDonald

Activity ID Activity Name Original Duration Start Finish WhitePinePump StorageProject - Execution Schedule 2248 15-Nov-2022 08:00 17-Sep-2031 17:00 Major Milestones/Projectwide 2217 03-Jan-2023 08:00 17-Sep-2031 17:00 A3630 Start Main Civil Works Procurement 0 03-Jan-2023 08:00* A1000 Feasibility Study-IFR 0 12-Apr-2023 17:00 A3410 Final Feasibility StudyApproved for Use 0 26-Jul-2023 17:00 A3690 Board of Consultant Onboarded 0 09-Feb-2024 17:00 A1100 OEM - NTP 0 13-Feb-2024 08:00 A1230 OEM - Commence Model Development / Design 0 14-Feb-2024 08:00 A1470 Early Works NTP 0 09-Aug-2024 08:00 A3680 FERCLicense Issued 0 06-Feb-2025 17:00 A3700 FERCApprovalofQCIP (Quality Control Inspection Plan) 0 03-Mar-2025 08:00 A3290 BLM Issues ROW Grant 0 13-Mar-2025 17:00 A2650 Early Works Start Construction 0 14-Mar-2025 08:00 A2320 Early Works UpperHillside Complete 0 30-May-2025 17:00 A2240 Main Civil Works NTP 0 05-Jun-2025 08:00 A2250 Main Civil Works Start Construction 0 30-Sep-2025 08:00 A2660 Transformer Cavern Civil Complete 0 16-Sep-2027 17:00 A2920 MainAccessTunnel Ready to receive major Equip 0 31-Jan-2028 17:00 A2440 Lower ReservoirReady forFilling 0 20-Apr-2028 17:00 A2950 Powerhouse Cavern Last Draft Tube Pit complete 0 04-Aug-2028 17:00 A2610 Headrace Shaft Complete 0 27-Dec-2028 17:00 A2910 Upper ReservoirReady forFilling 0 22-Feb-2029 17:00 A2470 Tailrace ready for waterup 0 17-Oct-2029 17:00 A2970 Ready to Commission First Pump/Turbine (# 3) 0 11-Nov-2030 08:00 A2900 All Three Units Commissioned (Order is 3,2,1) 180 11-Nov-2030 08:00 23-Jul-2031 17:00 A2640 Final Connection to Grid (Robinson) 10 20-Feb-2031 08:00 05-Mar-2031 17:00 A1010 Substantial Completion 0 23-Jul-2031 17:00 A2770 Final Project Completion 0 17-Sep-2031 17:00 Licensing and Permitting Activities(byOthers) 692 15-Nov-2022 08:00 06-Aug-2025 17:00 Engineering 793 15-Nov-2022 08:00 31-Dec-2025 17:00 Feasibility Study 176 15-Nov-2022 08:00 26-Jul-2023 17:00 Site Investigation 762 03-Jan-2023 08:00 31-Dec-2025 17:00 Procurement 1004 03-Jan-2023 08:00 14-Dec-2026 17:00 Procurement - Main Civil Works 618 03-Jan-2023 08:00 05-Jun-2025 17:00 A2870 Industry Outreach 60 03-Jan-2023 08:00 27-Mar-2023 17:00 RFQ for ECI Stage 1 164 13-Apr-2023 08:00 05-Dec-2023 17:00 ECI Stage 1 509 06-Jun-2023 08:00 05-Jun-2025 17:00 Procurement - OEM 932 13-Apr-2023 08:00 14-Dec-2026 17:00 Procurement - EarlyWorks 265 27-Jul-2023 08:00 09-Aug-2024 17:00 Construction - Early Works 150 17-Jan-2025 08:00 18-Aug-2025 17:00 A3670 Early Works Mobilization 40 17-Jan-2025 08:00 13-Mar-2025 17:00 UpperReservoir- Access Road &Laydowns 70 14-Mar-2025 08:00 20-Jun-2025 17:00 LowerReservoir-AccessRoad&Laydowns 35 14-Mar-2025 08:00 01-May-2025 17:00 UpperHillside-Access Road &Laydowns 40 04-Apr-2025 08:00 30-May-2025 17:00 Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031
Milestone Non-Critical Remaining Work Critical Remaining Work Non-Critical LOE Remaining Work Critical LOE Remaining Work Page 1 of 3 Data Date: 01-Nov-2021 Print Date: 02-Dec-2022

White Pine Pumped Storage Project - Execution Schedule - Exhibit C Mott MacDonald

Activity ID Activity Name Original Duration Start Finish WaterSource 110 14-Mar-2025 08:00 18-Aug-2025 17:00 Construction - Main Civil Works 1571 06-Jun-2025 08:00 08-Aug-2031 17:00 General 80 06-Jun-2025 08:00 29-Sep-2025 17:00 A1020 General Mobilization/Planning/Staffing 80 06-Jun-2025 08:00 29-Sep-2025 17:00 UpperReservoir 1491 30-Sep-2025 08:00 08-Aug-2031 17:00 Upper Reservoir - Excavation 225 30-Sep-2025 08:00 18-Aug-2026 17:00 Upper Reservoir - Embankments 200 04-Dec-2025 08:00 16-Sep-2026 17:00 Upper Reservoir - Lining 260 26-Jan-2029 08:00 04-Feb-2030 17:00 Upper Reservoir - Inlet Structure 40 28-Dec-2028 08:00 22-Feb-2029 17:00 Upper Reservoir - Fill 540 05-Feb-2030 08:00 29-Jul-2031 17:00 Upper Reservoir - Site Restoration 30 30-Jun-2031 08:00 08-Aug-2031 17:00 Lower Reservoir 948 30-Sep-2025 08:00 25-Jun-2029 08:00 Lower Reservoir - Excavation 350 30-Sep-2025 08:00 16-Feb-2027 17:00 Lower Reservoir - Embankments 355 11-Dec-2025 08:00 04-May-2027 17:00 Lower Reservoir - Lining 280 17-Mar-2027 08:00 20-Apr-2028 17:00 Lower Reservoir - Inlet Structure 520 06-Apr-2026 08:00 20-Apr-2028 17:00 Lower Reservoir - Fill 420 21-Apr-2028 08:00 14-Jun-2029 17:00 Lower Reservoir - Site Restoration 30 11-May-2029 08:00 25-Jun-2029 08:00 UpperHillside 1399 30-Sep-2025 08:00 02-Apr-2031 17:00 Cable/Access Tunnel Portals 859 30-Sep-2025 08:00 16-Feb-2029 17:00 Upper Hillside - Site Restoration 20 06-Mar-2031 08:00 02-Apr-2031 17:00 AccessTunnels 771 28-Oct-2025 08:00 08-Nov-2028 17:00 Cable Tunnel 771 28-Oct-2025 08:00 08-Nov-2028 17:00 MainAccess Tunnel 477 25-Nov-2025 08:00 12-Oct-2027 17:00 ConstructionAccessTunnels 679 17-Feb-2027 08:00 17-Oct-2029 17:00 Underground Waterways 874 04-May-2026 08:00 10-Oct-2029 17:00 Headrace 598 19-Aug-2026 08:00 27-Dec-2028 17:00 Headrace Shaft 598 19-Aug-2026 08:00 27-Dec-2028 17:00 Chamber at Shaft Base 255 17-May-2027 08:00 16-May-2028 17:00 Headrace Tunnel 319 22-Apr-2027 08:00 24-Jul-2028 17:00 Headrace ManifoldTunnel 355 06-Apr-2027 08:00 25-Aug-2028 17:00 High Pressure Penstock 3 223 24-May-2027 08:00 07-Apr-2028 17:00 High Pressure Penstock 2 208 08-Jun-2027 08:00 31-Mar-2028 17:00 High Pressure Penstock 1 195 18-Jun-2027 08:00 24-Mar-2028 17:00 Tailrace 874 04-May-2026 08:00 10-Oct-2029 17:00 Tailrace (via Lower Reservoir) 816 04-May-2026 08:00 19-Jul-2029 17:00 Tailrace (via Tailrace Access Tunnel) 519 27-Sep-2027 08:00 10-Oct-2029 17:00 PowerhouseCavern Complex 1120 02-Mar-2027 08:00 23-Jul-2031 17:00 Power Tunnels 910 05-Aug-2027 08:00 05-Mar-2031 17:00 Power Tunnel #3 830 05-Aug-2027 08:00 08-Nov-2030 17:00 Power Tunnel #2 863 16-Aug-2027 08:00 08-Jan-2031 17:00 Power Tunnel #1 793 24-Jan-2028 08:00 05-Mar-2031 17:00 Access Tunnel - Inter-cavern 118 12-Aug-2027 08:00 31-Jan-2028 17:00 Transformer Cavern 432 02-Mar-2027 08:00 08-Nov-2028 17:00 Transformer Cavern - Crown 50 02-Mar-2027 08:00 10-May-2027 17:00 Transformer Cavern - Gallery 382 11-May-2027 08:00 08-Nov-2028 17:00 Powerhouse Cavern 1104 24-Mar-2027 08:00 23-Jul-2031 17:00 Powerhouse Cavern- Crown 154 24-Mar-2027 08:00 28-Oct-2027 17:00 Powerhouse Cavern- Gallery 300 30-Jun-2027 08:00 01-Sep-2028 17:00 Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031
Milestone Non-Critical Remaining Work Critical Remaining Work Non-Critical LOE Remaining Work Critical LOE Remaining Work Page 2 of 3 Data Date: 01-Nov-2021 Print Date: 02-Dec-2022

White Pine Pumped Storage Project - Execution Schedule - Exhibit C Mott MacDonald

Activity ID Activity Name Original Duration Start Finish Powerhouse Cavern- Draft Tube Pits 50 25-May-2028 08:00 04-Aug-2028 17:00 Hydro-Mechanical Equipment 755 07-Aug-2028 08:00 23-Jul-2031 17:00 Transmission Corridor 570 03-May-2027 08:00 30-Jul-2029 17:00 TransmissionCorridor -SitePreparation 40 03-May-2027 08:00 28-Jun-2027 17:00 Erect TransmissionLine 520 29-Jun-2027 08:00 16-Jul-2029 17:00 TransmissionCorridor -SiteRestoration 20 02-Jul-2029 08:00 30-Jul-2029 17:00 Close-Out 40 24-Jul-2031 08:00 17-Sep-2031 17:00 A1260 Close-Out 40 24-Jul-2031 08:00 17-Sep-2031 17:00 Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031
Milestone Non-Critical Remaining Work Critical Remaining Work Non-Critical LOE Remaining Work Critical LOE Remaining Work Page 3 of 3 Data Date: 01-Nov-2021 Print Date: 02-Dec-2022

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