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FOR IMMEDIATE RELEASE

WALL STREET TO ADDRESS FINANCING OF NATIONAL ENERGY SECURITY AND CLIMATE CHANGE
Renewable Energy Finance Forum to be held June 23-24, 2005 in New York City



WASHINGTON, DC, April 19, 2005 --/WORLD-WIRE/--
Wall Street's financiers are planning to gather at the Waldorf Astoria Hotel in New York City on June 23-24 to develop plans for financing the reduction of oil imports, improving the environment, and answering the threat of climate change in a conference entitled "Renewable Energy Finance Forum - Wall Street" that is being co-sponsored by the American Council On Renewable Energy (ACORE) and Euromoney Energy Events, a subsidiary of Euromoney Institutional Investor PLC.

Keynote speakers will include the Honorable George E. Pataki, Governor of New York, the Honorable Philip Angelides, Treasurer of California, Tom Carbone, President, Vestas America, and Alex Urquhart, President and CEO, GE Commercial Finance, Energy Financial Services.

As gasoline and natural gas prices have soared in the United States, and Congress prepares to debate energy legislation this week, many in the finance community are searching for the newest investment opportunities in renewable energy as an answer to the nation's emerging crisis and the new policy framework.

Ed Einowski, partner of the law firm Stoel Rives LLP agreed by stating that, "REFF - Wall Street 2005 is a rare opportunity to bring all the key players in the industry together in the world capital of project finance, New York City."

Wall Street is clearly kicking into a higher gear in response to the new policies, some coming from Washington, some from the states, some from Europe, and some from multinational corporations. Leadership is emerging from commercial bankers, institutional investors, pension funds, venture capitalists, insurance companies, and corporate leaders who are seeing public sentiment shift towards new actions, and public policy begin to support those aims.

Noted speakers will include John C.S. Anderson, Head, Power and Project Finance, John Hancock Life Insurance Company; Raj Atluru, Managing Director, Draper Fisher Jurvetson; Scott Brown, Chief Executive Officer, New Energy Capital; Theo de Wolff, Managing Director of PPM Atlantic Renewable Energy; Fabrizio Donini Ferretti, Head of Energy, Dexia Crédit Local; Steven Greenwald, Managing Director, Head of Project Finance, Credit Suisse First Boston; Peter Smith, President, New York State Energy Research and Development Authority (NYSERDA); and John Geesman, Commissioner, California Energy Commission, amongst others.

REFF - Wall Street 2005 will bring the financial community together to identify the major opportunities and issues facing leaders and investors in the 2005-2006 US renewables market. Topics covered will include innovations in project finance, institutional investment, venture capital and private equity, trading Renewable Energy Credits and carbon credits, and case studies on the financing of wind power, solar energy, hydropower, geothermal energy, biomass energy, biofuels, and waste to energy projects.

"This is an outstanding event for financial professionals. I encourage lenders and investors who are interested in renewable energy to attend," concurred Ed Feo of Milbank Tweed Hadley & McCloy LLP.

As the quest continues for finding better and more reliable sources and ways to deliver energy to US customers, many are coming to REFF-Wall Street 2005 to network and find answers. With support from the American Bioenergy Association, Edison Electric Institute Alliance of Energy Suppliers, National Hydrogen Association, National Hydropower Association, New Uses Council, Solar Energy Industries Association, Solar Electric Power Association, US Energy Association, and Ocean Energy Council, the meeting will provide a diverse portfolio of answers.

Conference co-chairs are Kenneth R. Locklin, Director, Massachusetts Green Energy Fund; Dan W. Reicher, Founder and President, New Energy Capital; Michael D. Ware, Managing Director, Advance Capital Markets Inc.; and Thomas B. White, Managing Director, Marathon Capital LLC.

About The American Council On Renewable Energy (ACORE) and Euromoney Energy Events

ACORE, a 501(c)(3) membership nonprofit organization headquartered in Washington, DC, is dedicated to bringing renewable energy into the mainstream of the US economy and lifestyle through information and communications programs. ACORE provides a common platform for the wide range of interests in the renewable energy community including renewable energy industries, associations, utilities, end users, professional service firms, financial institutions and government agencies. ACORE serves as a forum through which these parties work together on common interests. Membership information is available at: www.acore.org.

Euromoney Energy Events (EEE) is a London-based wholly owned subsidiary of Euromoney Institutional Investor PLC, the publisher of Institutional Investor, Project Finance & Risk, Renewable Finance and other global publications. EEE's diverse range of conferences address topical issues in the energy sector, with a focus on financial and commercial aspects, in a portfolio that ranges across Renewable Energy, Waste, LNG and Emissions. EEE also is the organizer of the Renewable Energy Finance Forum held every September in London.

For additional information about Renewable Energy Finance Forum - Wall Street 2005, visit www.EuromoneyEnergy.com.


Contact:
Tom Weirich
American Council On Renewable Energy (ACORE)
Ph: +1-202-429-2037
E-mail: weirich@acore.org

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