Skystream Markets’ RECstream Brings Mark-to-Market Pricing and Liquidity to the REC Market

  Skystream Markets’ RECstream Brings Mark-to-Market Pricing and Liquidity to
  the REC Market

 Skystream’s Pioneering OTC Trading Platform Provides Infrastructure for the
                              Growing REC Market

        Traders Call RECstream the Best Method to Price and Trade RECs

Business Wire

STAMFORD, Conn. -- January 7, 2013

Skystream Markets Inc., a provider of institutional transaction platforms for
renewable energy markets, today announced the launch of RECstream, an OTC
transaction platform designed to provide institutional investors with the most
efficient, highest-quality access to the REC market.

RECstream is designed to address core market issues by creating executable
market prices with known depth and transparency. This level of verifiable
price information is unparalleled in the market and is the key to accurately
valuing positions and portfolios.

“RECstream is an innovative and important platform for trading RECs,” said Dan
Heim, the head of REC trading at Exelon / Constellation. “It not only provides
price information, but also gives me an ability to trade on those prices
without moving the market.”

RECstream creates opportunities for traders to transact on a regular and
confidential basis, an important improvement to the trading channels of the
REC market. RECstream is structured to ensure that transaction volumes do not
impact market prices.

“RECstream has gained significant traction with trading desks in the REC
market,” said Naeem Hukkawala, co-founder of Skystream Markets. “We are
pleased to report that the largest market makers are driving the advancement
of REC trading infrastructure.”

Skystream Markets is an institutional transaction platform for the renewable
energy and environmental markets. By utilizing a hybrid approach that combines
technology and traditional brokerage services, Skystream creates price
discovery, concentrates liquidity, and improves trade execution quality. A
technology leader in the field, Skystream’s proprietary trading systems have
been developed and launched in close consultation with major institutional
market participants, including renewable power producers, utilities, energy
trading companies, and investment banks.

“Skystream is continually using direct feedback from traders to improve its
technology and processes to deliver tangible value, and we are adopting a
responsive development schedule to improve RECstream’s capabilities,” said
Kapil Mohindra, co-founder of Skystream Markets. “We look forward to adding
additional value and trading tools for REC market participants.”

RECstream is operational across the REC markets in PJM, NEPOOL, and ERCOT. For
more information on the RECstream please visit: www.skystreammarkets.com

About Skystream Markets:

Skystream Markets operates institutional transaction platforms for the
renewable energy and other environmental markets. Specifically, Skystream
Markets focuses on the mandatory Renewable Energy Certificate (“REC”) markets
in the United States.The trading system is a pure-agency model that seeks to
add value through technology at each stage of the trade cycle. Working
directly with power producers and major trading counterparties, the company
has built specific market mechanisms that are lacking in both the primary and
secondary markets. The customer base is a combination of industrial and
financial participants. Skystream Markets also provides project finance
advisory and market research services.

Contact:

For more information contact:
Skystream Markets
John Dooley
Office: 212-699-0772
Mobile: 917-576-8071
john@skystreammarkets.com
 
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