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CONNECTICUT CLEAN ENERGY FUND HAS EXTENDED THE PERIOD FOR SUBMISSION OF REQUEST FOR PROPOSALS (RFP)

Rocky Hill, CT (April 19, 2005)—The Connecticut Clean Energy Fund (CCEF) has extended the date for submissions of applications under a Request for Proposals (RFP) for its “Project 100” Program. Anyone interested in participating in the first round of “Project 100” will now have until August 1, 2005 to submit an application. This extension will also allow previous applicants to re-submit their applications as well. The revised Program Opportunity document can be found on CCEF’s web site or by calling the Fund for a copy.

“Project 100” is a CCEF initiative in response to landmark Connecticut legislation that mandates local electric distribution companies to contract a minimum of 100 megawatts of clean energy resources by July 1, 2007. The electric distribution companies will enter into power purchase agreements for no less than a 10-year period from Class I renewable energy resources. Pricing under these contracts will include a premium of up to 5.5 cents per kilowatt.

The “Project 100” initiative creates an opportunity for developers, manufacturers and financiers to advance Class I clean energy development projects.

Those interested in receiving the RFP should visit the Connecticut Clean Energy Fund’s website at www.ctcleanenergy.com or call the Fund at (860) 563-0015 to request a copy.

The Connecticut Clean Energy Fund invests in technology to support the creation of supply from renewable sources and fuel cells in order to strengthen Connecticut’s economy, protect community health, improve the environment, and promote a secure energy supply for Connecticut. The Fund, financed by a surcharge on ratepayers’ electric utility bills, is administered by Connecticut Innovations, Inc.

Contact:Charlie Moret, Managing Director, Marketing: (860) 563-0015
Website: www.ctcleanenergy.com