SOURCE: GreenHunter Energy

October 12, 2007 12:51 ET

GreenHunter Energy Looks to China for Wind Turbines

Dallas Company Targets Electrical Power Generation With a Portfolio of Renewable Fuels

DALLAS, TX--(Marketwire - October 12, 2007) - Gary C. Evans, CEO of Dallas-based GreenHunter Energy, is taking a week's hiatus from his Houston biodiesel refinery project to cement a deal with a private Chinese company for state-of-the-art wind turbines for U.S. power generation. GreenHunter presently holds leases on more than 50,000 acres of wind farms in the western U.S. and is expanding its footprint in other states.

"Our company is aggressively investing in the infrastructure that will allow us to use renewable fuels to supply electricity to the U.S. power grid as well as producing biofuels for the transportation sector," said Evans. "We believe wind, inedible plant materials, animal byproducts and other renewable fuels are a viable source of power in today's energy economy."

In addition to wind farms planned for three western states, GreenHunter also owns a biomass power plant in southern California where the company plans to make electricity from cow manure and wood waste.

GreenHunter recently purchased a diesel powered electrical generation plant that it is transporting by ship from Panama to Houston. "We plan to have the first biodiesel electrical generation plant in the U.S., and Houston will be the first city to use electricity made from biodiesel generated from our new biodiesel refinery," Evans said.

About GreenHunter Energy

GreenHunter Energy is focused on the renewable energy sectors of wind, solar, biofuels, and biomass power plants. Our assets consist of leases of real property for future development of wind energy projects located in Montana, New Mexico and California, a former waste oil and chemical refinery currently being converted to the nation's largest biodiesel refinery located in Houston, Texas, and a biomass power plant located in El Centro, California. Headquartered in Grapevine, Texas, GreenHunter Energy was formed to be the first publicly traded renewable energy company that provides to investors a portfolio of diversified assets in the alternative energy sector. Additional information about GreenHunter Energy may be found at www.greenhunterenergy.com.

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