CohnReznick Think Energy Announces Engagement with NRG Energy and Digicel Group on Major Caribbean Development

  CohnReznick Think Energy Announces Engagement with NRG Energy and Digicel
  Group on Major Caribbean Development

Business Wire

BETHESDA, Md. -- October 15, 2013

CohnReznick Think Energy, LLC (CRTE), a consulting firm focused on renewable
energy generation, today announced a groundbreaking engagement with NRG Energy
(NRG) and major mobile telecommunications operator Digicel to support the
development, acquisition, construction, and operation of renewable energy
projects throughout the Caribbean region. CRTE will work with NRG and Digicel
to deploy investment capital and bring financial and environmental benefits to
the governments, utilities, and people of the Caribbean.

The types of projects being sought are primarily solar, but as CRTE President
Mark Crowdis stated, “Understanding the right mix of technologies, from energy
storage to wind systems to solar, is key in providing the greatest financial
and environmental benefits to the region. Proven technologies with a track
record of successful performance will be the cornerstone of this effort.
CohnReznick Think Energy is honored and excited to be working with NRG Energy
and Digicel on this unprecedented co-development opportunity.”

CRTE will manage a request for proposals process for NRG and Digicel to
solicit property owners, developers, governments, installers, and others to
provide information on renewable energy projects in development for possible
investment. NRG and Digicel endeavor to co-develop, and/or acquire, construct,
and own these projects for their lifetime. CRTE initiated this process on
September 28, 2013 and project proposal will be due on November 15, 2013.

CRTE’s renewable energy expertise in the Caribbean includes working closely
with Sir Richard Branson and the Carbon War Room as they launched a proposal
to install renewable energy systems and reduce and/or eliminate fossil fuels
on Necker Island in the British Virgin Islands.

In order to obtain a copy of a non-disclosure agreement and then the RFP,
interested parties should send a request to rfp@crthinkenergy.com.

About CohnReznick Think Energy (CRTE)

CRTE is a consulting firm focusing on renewable energy generation. The firm
assists project developers, financiers, governmental organizations, consumers
and generators of renewable power. Since CRTE was founded in 2000, it has been
supporting clients interested in acquiring on-site renewable energy systems,
developing renewable energy projects, purchasing and selling electricity and
renewable energy credits (RECs), expanding and improving their renewable
energy businesses and technologies, and investing in renewable energy projects
and businesses. Working alongside CohnReznick and Reznick Capital Markets
Securities, CRTE offers one of the most comprehensive project advisory
platforms in the industry. CRTE has assembled a team experienced in economic,
financial, and policy analysis; project management; engineering; technology
and resource evaluation; and project feasibility studies. More information is
available at www.crthinkenergy.com.

About NRG

NRG is leading a customer-driven change in the U.S. energy industry by
delivering cleaner and smarter energy choices, while building on the strength
of the nation’s largest and most diverse competitive power portfolio. A
Fortune 500 company, we create value through reliable and efficient
conventional generation while driving innovation in solar and renewable power,
electric vehicle ecosystems, carbon capture technology and customer-centric
energy solutions. Our retail electricity providers – Reliant, Green Mountain
Energy and NRG Residential Solutions – serve more than 2 million residential
and commercial customers throughout the country. More information is available
atwww.nrgenergy.com. Connect with NRG Energy on Facebook and follow us on
Twitter @nrgenergy.

About Digicel Group

Digicel Group Limited is a leading global communications provider with
operations in 31 markets in the Caribbean, Central America and Asia Pacific.
After 12 years of operation, total investment to date stands at over US$4.5
billion worldwide. The company is renowned for delivering best value, best
service and best network.

Digicel is incorporated in Bermuda and its markets comprise: Anguilla, Antigua
& Barbuda, Aruba, Barbados, Bermuda, Bonaire, the British Virgin Islands, the
Cayman Islands, Curacao, Dominica, El Salvador, Fiji, French Guiana, Grenada,
Guadeloupe, Guyana, Haiti, Jamaica, Martinique, Nauru, Panama, Papua New
Guinea, Samoa, St. Kitts & Nevis, St. Lucia, St. Vincent & the Grenadines,
Suriname, Tonga, Trinidad & Tobago, Turks & Caicos and Vanuatu. Digicel also
has coverage in St. Martin and St. Barts in the Caribbean. For more
information, visit www.digicelgroup.com.

Contact:

For CohnReznick
Kristen Cullen, 617-391-9622
kcullen@rasky.com
 
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