NRGreen Power and GE Launch Clean Electricity Project

Tue Nov 1, 2011 9:30am EDT

* Reuters is not responsible for the content in this press release.

  CALGARY, ALBERTA, Nov 01 (MARKET WIRE) --
NRGreen Power and GE today announced plans for a new recovered energy
project that will produce power without additional emissions using the
first global application of GE's innovative ORegen system. The technology
will be installed at Alliance Pipeline's Windfall Compressor Station near
Whitecourt, Alberta, to generate electricity through the use of waste
heat. The ORegen(TM) system is the latest in Organic Rankin Cycle
technology and its introduction at the Global Clean Energy Congress in
Calgary, AB, marks its official debut in the market.

    "This technology recovers heat energy that would otherwise be lost to the
atmosphere and transforms it into electric energy, without producing any
new emissions. It makes for a very clean form of electricity generation,"
said Murray Birch, President and CEO of NRGreen, an affiliate of Alliance
Pipeline. "When constructed, the Whitecourt facility will reliably
generate and deliver up to 14 megawatts of electricity per hour - enough
power for 14,000 Canadian homes. Partnering with GE has provided us with
one of the most efficient waste heat recovery units we've seen to date."

    NRGreen Power Limited Partnership ("NRGreen") works to develop clean
energy by converting waste heat generated at compressor stations along
the Alliance Pipeline system to produce emission free electric power. The
company currently has four waste heat recovery units operational at
Kerrobert, Loreburn, Estlin, and Alameda, Saskatchewan. While its
Whitecourt Recovered Energy Project ("WREP") marks the company's fifth
waste heat recovery installation, it is the first to employ GE's ORegen
system. Construction of the WREP will commence in May 2012. NRGreen is
jointly owned by Veresen Inc. (50%) and Enbridge Income Fund Holdings
Inc. (50%).

    "This is a significant milestone for GE, as it is not only the first
NRGreen project to utilize ORegen(TM), but also the first ever commercial
application for GE," said Paolo Ruggeri, Head of Solutions at GE Oil &
Gas. "The ORegen(TM) is part of a growing family of products that have
been qualified under GE ecomagination and will help reduce the emissions
footprint of power generation facilities such as these. The system is a
best in class waste heat recovery technology and this project
demonstrates that it is ready to be applied across the globe."

    The ORegen(TM) system recovers waste heat from gas turbine exhaust and
converts it into electric energy. The benefits of deploying the systems
are substantial, improving overall plant efficiency by up to 50 percent
or more and producing electric power with no additional fuel by
recovering heat from all types of gas turbine exhaust (or any other low
to medium grade waste heat source). The system is ideal for remote
locations because, unlike many cogeneration technologies, it does not
require water utilization or the use of on-site manned operational
supervision.

    The project will be funded in part by Alberta's Climate Change and
Emissions Management (CCEMC) Corporation. The CCEMC is an Alberta based
not-for-profit, independent, corporation with a mandate to reduce
greenhouse gas emissions and adapt to climate change by supporting the
discovery, development and deployment of clean technologies. NRGreen's
project with ORegenTM technology meets this mandate. Supplementing
NRGreen's substantial investment, the CCEMC will contribute $7 million to
the Whitecourt Recovered Energy Project. The Climate Change and Emissions
Management Fund is financed by payments from companies complying with the
Alberta Government's annual greenhouse gas emissions requirements.

    A recorded broadcast of the announcement at the Global Clean Energy
Congress can be found at http://jetslides.tv/lobby/555.

Contacts:
Alliance Pipeline
Alan Roth
Manager, Corporate Communications
(403) 517-7742
alan.roth@alliancepipeline.com

GE Oil & Gas
Fabio Pianini
Media Relations Manager
+39 055 423 8872
Fabio.pianini@ge.com

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