GDF SUEZ Energy North America Affiliate Completes Acquisition Of FirstLight Power Enterprises, Inc.

Houston, TX - GDF SUEZ Energy North America recently announced the acquisition of FirstLight Power Enterprises, Inc. (FirstLight) from Energy Capital Partners is now complete. FirstLight owns and operates a unique portfolio of 15 power generation plants -- primarily pumped storage and traditional hydro facilities. It also has a state-of-the-art natural gas peaking power plant in construction. Together, these 16 facilities have a combined capacity of 1,538 MW in Massachusetts and Connecticut. In addition, FirstLight has various expansion opportunities within its portfolio.

"We welcome the FirstLight employees to our group and look forward to working together to solidify our presence in the sizable electricity market of New England," said Zin Smati, president and CEO of GDF SUEZ Energy North America.

New England, which has a population of 14 million people and 31,000 MW of electric generation capacity, is a core market for GDF SUEZ Energy North America. In addition to the FirstLight assets, the company also currently has six renewable and natural-gas-fired power generation assets in New England; retail electricity sales to large commercial and industrial customers; and natural gas sales to nearly every gas utility in the region through its liquefied natural gas (LNG) business. With the addition of the FirstLight operations, GDF SUEZ Energy North America is now the fifth largest electricity generator in New England.

SOURCE: GDF SUEZ Energy North America, Inc.