04.15.2009
New GenPower Website Profiles Clean Energy Strategy
April 15, 2009 - Newton, MA. - GenPower Holdings L.P., an independent power company that pursues the development, acquisition, and operation of clean power generation facilities in the United States and abroad, today launched a newly redesigned website at www.genpower.net. The new site highlights GenPower’s industry experience, leadership, and longstanding dedication to developing progressive environmental partnerships.
GenPower and its predecessors have successfully developed over $5 billion in clean power generation assets. Its committed, veteran team brings unrivaled industry experience to local communities, governments, and investors, ensuring that GenPower projects deliver cost effective, environmentally progressive, and sustainable energy.
The new website design streamlines usability and provides a detailed overview of the company’s intellectual capital, strategic resources, and industry expertise. Established to develop, acquire, and operate energy facilities with a primary focus on natural gas, wind, and other renewable energy and clean coal projects, GenPower is expert at developing a myriad of traditional and renewable fuels projects.
“We want our constituents to know about us, the unparalleled team we have assembled, and how we conduct our business,” said Bob Place, GenPower’s Chief Executive Officer. “The new site provides the opportunity to bring together like minds and gives us a basis for building strong professional relationships.”
GenPower welcomes the opportunity to evaluate new clean energy partnerships, power generation joint ventures, project acquisitions, or strategic alliances for innovative environmental initiatives. The company has a current focus on natural gas projects and acquiring a wind power business platform.
The site also highlights GenPower’s dedicated use of state-of-the-art technology at its projects to ensure optimal environmental control. From the supercritical, pulverized coal-fired Longview Power project in West Virginia—where federal Best Available Control Technology (“BACT”) air emissions control standards will be favorably surpassed—to its work at AMD Reclamation, Inc.—a not-for-profit company with a mission to clean up acid mine drainage sites, protecting important natural resources, and improving water quality in coal mining regions—GenPower’s company-wide culture of sustainability and environmental commitment is evident in all of its practices.
About GenPower Holdings, L.P.
GenPower Holdings, L.P. is a joint venture of GenPower management and First Reserve, a leading global private equity firm. The joint venture was formed in October 2006 to pursue the development, ownership, acquisition and operation of power generation facilities in the United States and abroad. Longview Power is the first major investment by the joint venture. GenPower's management team includes power industry veterans who have extensive experience in power project development, finance, construction and operations. For more information on GenPower and Longview Power, please visit our website at www.genpower.net.
For industry inquiries, partnering or acquisition opportunities, please contact:
Bob Place
(617) 340-4501
bplace@genpower.net
For media inquiries, please contact:
Cathleen Williamson
(603) 431-0816
cwilliamson@calypsocom.com