Shaun Kingsbury to Join Hudson Clean Energy

Business Wire,  June 12, 2008  

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NEW YORK -- Hudson Clean Energy Partners announced today that Shaun Kingsbury has joined their firm as a partner and will be responsible for the Firm's European offices, based in London.

Kingsbury has worked over twenty years in the energy business, with senior roles at Centrica Plc and Shell. He also has extensive experience as an entrepreneur-in-residence for 3i, where he advised the private equity firm on their investment in Global Energy Services, a spinoff from wind energy giant Gamesa.

Most recently, Kingsbury was a founding partner of Pulsar Energy Capital, a boutique investment firm that provides capital for transactions in the energy sector.

Kingsbury remarked, "I'm very excited about joining the premier investment management team in clean energy. Their outstanding results in past ventures speak volumes about their abilities and I look forward to contributing to the firm's successful growth in the sustainable energy sector."

"Shaun represents the next stage in the evolution of our firm" said Neil Auerbach, Founder of Hudson and Co-Managing Partner. "I am confident that he will be a dynamic asset in the upcoming years as head of our European operations."

John Cavalier, Co-Managing Partner of Hudson Clean Energy, noted "Shaun has extensive experience working with all facets of the energy industry and deep roots in renewables. We're extremely pleased that he decided to join our team."

This statement does not constitute an offer of sale, or a solicitation of investors or purchasers, in respect of the securities of any person in any jurisdiction.

About Hudson Clean Energy Partners

Hudson Clean Energy Partners is a private equity firm that invests in the dynamic and fast-growing clean energy market. Hudson invests in companies focused on renewable power, alternative fuels, energy storage and demand-side energy management. Hudson's investment strategy focuses on high-growth, asset-based, capital-intensive segments of the clean energy value chain using commercialized technologies to extract energy from wind, solar, geothermal, biomass and other renewable sources. Further information about Hudson can be found at www.HudsonCEP.com

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