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RGS Energy and Altus Power America Management Form RGS Energy Asset Management, a Joint Venture to Fund, Build and Manage up to



RGS Energy and Altus Power America Management Form RGS Energy Asset
Management, a Joint Venture to Fund, Build and Manage up to $150 Million in
Solar Projects

LOUISVILLE, Colo., PORT CHESTER, N.Y., and OLD GREENWICH, Conn., Feb. 4, 2014
(GLOBE NEWSWIRE) -- RGS Energy (Nasdaq:RSOL), a nationwide leader of turnkey
solar energy solutions for residential, commercial, and utility customers, and
Altus Power America Management, an investor in and manager of solar power
projects, formed a new joint venture, RGS Energy Asset Management LLC. The
purpose of the joint venture is to develop, finance and manage up to $150
million of commercial solar projects.

"Our partnership with Altus is unique in that it takes advantage of best
practices from both organizations developed over many years of solar energy
experience," said Andrew Zaref, vice president of project finance at RGS
Energy and president of RGS Energy Asset Management. "It also represents RGS
Energy's first foray into asset energy ownership and long-term asset
management, as well as creates a great platform to fuel growth and access to
untapped and new markets."

The joint venture is designed to bring RGS Energy into the arena of energy
asset ownership, leveraging both organizations' expertise in developing,
building and owning energy assets. The partners will jointly manage the
available pool of capital, so funds can be more quickly and efficiently
deployed to propel growth. Further, it allows RGS Energy to integrate credit
qualification and capital sourcing into its core operations. This integrated
approach is expected to streamline and improve RGS Energy's already industry
leading customer acquisition, engineering, construction and project monitoring
capabilities.

"Altus and RGS Energy are working together to solve many of the issues that
have prevented large scale and repeatable deployment of affordable solar
power," said Lars Norell, managing partner of Altus Power America Management.
"This joint venture is expected to allow us to identify attractive solar power
projects across the country and efficiently deploy capital throughout the US
solar market. We anticipate that this initial deployment of $150 million of
capital will be the first of many as we partner with RGS Energy, a leading
solar company in the country, to create and enhance value for both
organizations."

Kam Mofid, RGS Energy's CEO, said: "This joint venture is an excellent example
of how we are broadening the reach and scope of our business activities to
accelerate growth, enhance margins, and to better serve our customers. It also
provides us the future flexibility to deploy our own capital through the joint
venture, at the amount of our choosing, as we extend into the energy asset
ownership domain."

The joint venture will offer power purchase agreements and other financial
solutions to customers. The parties expect the first fully financed projects
to be operational as early as the second quarter of 2014.

RGS Energy's clean energy services are currently available in Arizona,
California, Colorado, Connecticut, Delaware, the District of Columbia,
Maryland, Massachusetts, Oregon, New Jersey, New York, Pennsylvania, Rhode
Island, Texas, Vermont, Washington, and Puerto Rico.

About Altus Power America Management, LLC
Altus Power America Management, LLC is an Old Greenwich, Connecticut-based
company that invests in, owns and operates clean energy projects. The
partners' financial expertise and backgrounds in construction, engineering and
design combined with the firm's institutional sponsorship provide an efficient
and scalable platform to provide renewable energy and solar solutions to
commercial and public sector clients. Visit www.altuspower.com for more
information.

About RGS Energy
RGS Energy (Nasdaq:RSOL) is one of the nation's pioneering solar energy
companies serving commercial, residential, and utility customers. Beginning
with one of the very first photovoltaic panels sold to the public in the U.S.
in 1978, the company has installed more than 19,000 solar power systems
representing well over 170 megawatts of 100% clean renewable energy. RGS
Energy makes it very convenient for customers to save on their energy bill by
providing a comprehensive solar solution, from design, financing, permitting
and installation to ongoing monitoring, maintenance and support. As one of the
nation's largest and most experienced solar power players, the company has 17
offices across the West and the Northeast. For more information, visit
RGSEnergy.com, on Facebook at www.facebook.com/rgsenergy and on Twitter at
www.twitter.com/rgsenergy. RGS Energy is a trade name and RGS Energy makes
filings with the Securities and Exchange Commission under its official name
"Real Goods Solar, Inc."

Cautionary Statement Regarding Forward-Looking Statements
This communication includes forward-looking statements relating to matters
that are not historical facts. Forward-looking statements may be identified by
the use of words such as "expect," "intend," "believe," "will," "should" or
comparable terminology or by discussions of strategy. While Real Goods Solar,
Inc. believes its assumptions and expectations underlying forward-looking
statements are reasonable, there can be no assurance that actual results will
not be materially different. Risks and uncertainties that could cause
materially different results include, among others, our ability to
successfully source and complete solar power projects under this joint
venture, realizing synergies and other benefits from the Mercury merger,
introduction of new products and services, completion and integration of
acquisitions, possibility of negative economic conditions and other risks and
uncertainties included in Real Goods Solar, Inc.'s filings with the Securities
and Exchange Commission. Real Goods Solar, Inc. assumes no duty to update any
forward-looking statements.

CONTACT: Media and Investor Relations Contact
         Ron Both
         Liolios Group, Inc.
         Tel 1-949-574-3860
         RSOL@liolios.com

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