Market Overview

Wells Fargo Joins Origis Energy USA to Expand Clean Energy Supply for Florida

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52-MWac FL Solar 5 project to produce low-cost, renewable electricity
for Reedy Creek Improvement District

Wells Fargo (NYSE:WFC) announced it has committed the capital in
construction debt, as well as the tax-equity funding of $35 million for
the new solar generation facility, known as FL
Solar 5
 in Orange County, Florida. This solar facility will include
half a million solar panels and will also reduce greenhouse gas
emissions by more than 57,000 tons per year. That's the annual
equivalent of removing 9,300 automobiles from the roads.

Origis
Energy USA
, a Miami-based solar energy company that delivers custom
clean energy solutions for utility, commercial, and public-sector
clients, developed the solar project and is providing the balance of the
project's capital as well as acting as the solar power plant's
engineering, procurement and construction provider.

"We are pleased to partner with Wells Fargo on this significant
renewable energy project," said Samir Verstyn, chief investment officer
of Origis Energy USA. "Our team is focused on delivering superior
customer service with sustainable energy solutions such as this one."

Scheduled to be fully operational in December 2018, FL Solar 5 will
produce and transmit low-cost, renewable electricity to be purchased by Reedy
Creek Improvement District of Orange County, Florida.

"Wells Fargo is proud to be a part of impactful projects like FL Solar 5
that help our communities accelerate the transition to a lower carbon
economy," said Alok Garg of Wells Fargo Independent Power &
Infrastructure group, a part of the Wells Fargo Energy Group. "We value
our relationship with Origis Energy, a company that is in the forefront
of creating a greener energy future."

For the past 13 years, Wells Fargo has been a significant contributor to
the advancement of clean
energy
in the U.S., with financing and tax equity investments
energizing U.S. wind and solar. The bank has funded or committed to fund
more than $6 billion in wind and solar projects throughout the U.S.
Since 2012, Wells Fargo has invested and financed more than $70 billion
in renewable energy, clean technology, "greener" buildings, sustainable
agriculture and other environmentally sustainable businesses. In
addition, Wells Fargo recently pledged to provide $200
billion
in financing to sustainable businesses and projects by 2030,
with more than 50 percent focused on clean technology and renewable
energy transactions that directly support the transition to a low-carbon
economy.

About Wells Fargo

Wells Fargo & Company (NYSE:WFC) is a diversified, community-based
financial services company with $1.9 trillion in assets. Wells Fargo's
vision is to satisfy our customers' financial needs and help them
succeed financially. Founded in 1852 and headquartered in San Francisco,
Wells Fargo provides banking, investment and mortgage products and
services, as well as consumer and commercial finance, through 8,050
locations, 13,000 ATMs, the internet (wellsfargo.com) and mobile
banking, and has offices in 38 countries and territories to support
customers who conduct business in the global economy. With approximately
265,000 team members, Wells Fargo serves one in three households in the
United States. Wells Fargo & Company was ranked No. 26 on Fortune's 2018
rankings of America's largest corporations. News, insights and
perspectives from Wells Fargo are also available at Wells
Fargo Stories
.

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