SOURCE: Alternate Energy Holdings, Inc.

August 15, 2007 09:15 ET

AEHI Forms Alliance With Local Farmers to Co-Produce Methane at Its Proposed Advanced Nuclear Plant in Idaho

LYNCHBURG, VA--(Marketwire - August 15, 2007) - Alternate Energy Holdings, Inc (PINKSHEETS: AEHI), today announced it is forming a cooperative arrangement with local Idaho dairy farmers for the co-production of methane at the company's future Idaho Energy Complex (IEC). Methane, created naturally by agricultural waste, is a potent greenhouse gas that contributes to global warming. Bio-fuel facilities, such as the one to be constructed at the IEC, convert this harmful gas into useful clean energy. When compared to other hydrocarbon fuels, burning methane produces the least carbon dioxide per unit of heat generated. AEHI plans to work with DeRuyter Dairy, Happy Valley Dairy, and Van Es Dairy, among others.

About Idaho Energy Complex Corporation (

The Idaho Energy Complex, a holding of AEHI, is a proposed $3.5 billion commercial nuclear power plant/bio-fuel generation facility to be constructed on a designated site near Grand View, Idaho. The electricity provided by the nuclear plant would be sufficient to power Idaho's growing needs and allow the elimination of fossil fuels for current power production. Additionally, excess heat from the nuclear reactor would be used to produce ethanol and methane from local crops and agricultural waste.

About Alternate Energy Holdings, Inc. (

Alternate Energy Holdings actively acquires private green energy companies, as well as develops and markets innovative clean energy sources. Current projects include nuclear construction, bio-fuel generation, a safe and effective system for removing carbon dioxide from coal and natural gas plants emissions, and marketable lightning harvesting technology for electricity production.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Although AEHI believes that the assumptions underlying the forward-looking statements contained herein are reasonable, there can be no assurance that the forward-looking statements included in this press release will prove accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion should not be regarded as a representation that the objective and plans of AEHI will be achieved.

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