US Power Generating Company

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New York, NY, February 11, 2009 — US Power Generating Company (”USPowerGen”), announced today that its Board of Directors has appointed Mark R. Sudbey Chairman of the Board of Directors in addition to his current role as Chief Executive Officer. Mr. Sudbey has been CEO since his appointment in September, 2008, replacing former Chairman and CEO Jacob J. Worenklein

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US Power Generating Company ("USPowerGen") owns and operates eight power generation facilities with a total capacity of over 5,000 Megawatts (MW). USPowerGen subsidiaries sell their energy and capacity into the NYISO and ISO-New England deregulated markets. The combined company represents generation sufficient to serve approximately 20% of the overall load in New York City as well as approximately 50% of the overall load in the Boston metropolitan area.

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