Craton Equity Partners Announces Second Closing for EnLink Geoenergy Services, Inc.

Craton Equity Partners Announces Second Closing for EnLink Geoenergy Services,
Inc.

Geothermal company relocating to Los Angeles area

LOS ANGELES, April 9 /PRNewswire/ -- Craton Equity Partners
(http://cratonep.com/) has commenced its second round of funding for EnLink
Geoenergy Services (http://www.enlinkgeoenergy.com/). This round, when
completed later in the year, will be approximately $10 million; it follows
Craton's original investment of approximately $10 million in March 2008.
Medley Partners also participated in the second round.

The announcement comes as EnLink is in the process of relocating its
headquarters to the Los Angeles area and adding key personnel.

"We are very pleased that our commitment to EnLink is proceeding as we
anticipated, despite the overall state of the economy," said Bob MacDonald, a
Managing Partner in Craton and the newly named Chairman of EnLink. "EnLink has
made significant strides to become the best supplier of Geothermal Heat Pump
systems, which is the premier base load energy efficient and renewable
technology."

Tom Soto, a Managing Partner in Craton added, "The recognition by the federal
Department of Energy and the California Energy Commission of the substantial
role that GHP can play in addressing climate change -- and specifically the
implementation of AB 32 in California -- is significant, and validates our
investment and EnLink's initial focus in the Southwest."

"We are pleased to have a clean tech leader such as EnLink relocating to the
Los Angeles area," said Soto. "We have worked closely with local officials on
the move and the resulting creation of green jobs; we are happy that the
investment in EnLink of major California public pension funds through Craton
will result in a California based company that will create jobs, pay state tax
revenues, and play a major role in the climate change efforts that are
critical to all Californians."

Ray List, President and CEO of EnLink noted, "We are pleased that the last
year has validated our original strategic plan; we exceeded our revenue
targets for 2008, and we have acquired and are executing two major projects in
California: San Francisco Community College and American Canyon High School in
Napa County." San Francisco Community College is the largest GHP project in
California, and has been featured in three U.S. Green Building Council tours,
List noted.

List added that EnLink has also won and is performing four GHP projects in
Nevada, including three for the Clark County School District in Las Vegas, the
fastest growing major school district in the country. Over the last fifteen
years, EnLink has completed more than seventy-five projects in fourteen
states.

"The awareness of the great value of GHP technology has increased
dramatically," said List. "It is a renewable, energy efficient base load
distributed energy source, with no need for transmission; has a superior
cost/value relationship to traditional HVAC (heating, ventilating, and air
conditioning) and competing renewables; it has no emissions and uses no water;
and its cost-effectiveness is enhanced by new tax credits and accelerated
depreciation.

"EnLink's unique intellectual property (thirteen patents) and unparalleled
track record makes us a strong partner for owners who want the best for the
riskiest part of GHP projects, the underground design and installation," List
said. "With nearly $15 billion of federal stimulus funds earmarked
specifically for energy efficiency programs, we expect the already strong
demand for geothermal heat pump technology will increase substantially."

Other investors in EnLink include HM International of Austin, Texas and the
aforementioned Medley Partners of New York.

EnLink Geoenergy Services, Inc. (http://enlinkgeoenergy.com/) is a national
leader in GHP technology, design, and construction. The company specializes in
GHP systems that can substantially reduce HVAC energy use and cost and
increase energy security for large users such as commercial buildings,
campuses, data centers, district heating and cooling applications, and grid
independent systems.

Craton Equity Partners (http://cratonep.com/) is a leading Southern California
clean technology fund, focused on bringing to market technologies that
mitigate the effects of climate change and environmental degradation.
Craton's investments include green building products, earth heat exchange
projects, smart grid technologies and next-generation biofuels. Craton is one
of the country's leading voices on sustainable investing and using investment
models to respond effectively to the urgent environmental challenges of our
time.

Safe Harbor Statement:

This release may contain forward-looking statements, which are made pursuant
to the safe harbor provisions of the U.S. Private Securities Litigation Reform
Act of 1995. Forward-looking statements are commonly identified by words such
as "would," "may," "will," "expects," and other terms with similar meaning.
Forward-looking statements are based on current beliefs, assumptions and
expectations and speak only as of the date of this release and involve risks
and uncertainties that could cause actual results to differ materially from
current expectations.

SOURCE Craton Equity Partners

Stephen Rivers, +1-310-395-2993, smr@riverspr.com, for Craton Equity Partners