OwnEnergy Extends Wind Industry Leadership

Jacob Susman Appointed as Advisor to AWEA Board, Steve Krebs joins OwnEnergy as Vice President

New York, July 26– OwnEnergy announced today that Steve Krebs, formerly a senior partner in the international law firm Baker Botts LLP, has joined OwnEnergy's leadership team. Steve will focus on commercial, project development and finance matters. In his role at Baker Botts, Steve headed the Global Projects Alternative Energy and Project Finance and Development practices. He led the Baker Botts' team in its work with Horizon Wind Energy in a credit facility, named Project Finance magazine's North American Renewable Energy Deal of the Year.

Krebs co-chaired WINDPOWER 2010, the world's largest wind conference. He has been named one of six leading lawyers in alternative energy by Chambers USA each year since 2009 and has been listed in Euromoney's Guide to the World's Leading Project Finance Lawyers since 2001.

Regarding his new role, Krebs said, "The OwnEnergy community-wind focused business model can address some of the country's toughest energy and economic problems – promoting local jobs and economic development, strengthening farm communities and advancing the nation's energy security, all in an environmentally friendly way. I am very excited about joining the OwnEnergy team."

In making the announcement, CEO Jacob Susman said, "Steve is an established leader in the wind business, and will be of enormous importance to us as a strategist on business, transactional issues, as well as serving as an ambassador for the company to the broader industry. I've had the pleasure of working closely with Steve in the past, and I know he will bring great value to OwnEnergy."

In another significant event for OwnEnergy leadership, CEO Jacob Susman was named as an Advisor on Community Wind to the Board of Directors of the American Wind Energy Association (AWEA). Susman has been a key contributor to Community Wind policy and legislation. He currently serves as Vice Chair of AWEA‘s Community Wind Working Group and chaired AWEA's inaugural Small and Community Wind Conference. "Jacob's skill and vision has helped drive not just a company, but an entire segment of the industry, and he has been instrumental in the maturation of both OwnEnergy and Community Wind as a whole," remarked Denise Bode, Chief Executive Officer of AWEA.

The new board chair, Ned Hall, pointed out that although the US wind industry has created 35% percent of all new generating capacity since 2007, instability in the current economic and policy environments are creating new challenges to the industry, which would need to be met with experience, insight and creativity. In its annual report, AWEA announced that one such creative force, Community Wind, had reached 5.6% of the overall wind market.

About OwnEnergy
OwnEnergy, Inc. is a Community Wind developer of mid-sized, utility scale wind projects that enable landowners and communities to build and profit directly from their own local wind farms. The company is based in Brooklyn, New York.

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