SOURCE: Alternate Energy Holdings, Inc.

March 20, 2007 09:15 ET

Alternate Energy Holdings (AEHI) Discusses Nuclear Plant Construction With Boise Based Washington Group International

LYNCHBURG, VA -- (MARKET WIRE) -- March 20, 2007 -- Alternate Energy Holdings (PINKSHEETS: AEHI) has been in discussion with Washington Group International, a leading international engineering and construction firm based in Boise, Idaho, regarding AEHI's proposed nuclear and bio-fuels generation plant in Idaho. Among its extensive work for energy and environmental markets, Washington Group has engineered and/or constructed forty-nine of the world's nuclear power plants, including the last unit to go on-line in the United States. AEHI believes that working with such an experienced local firm would prove particularly beneficial to the efficiency of its project timeline.

About Alternate Energy Holdings, Inc.

Alternate Energy Holdings actively develops and markets innovative clean energy sources to reduce dependence on foreign energy sources. Current projects include nuclear construction, bio-fuel generation, an economical and environmentally friendly fuel additive that will reduce the cost of natural gas energy production by 25% to 40%, marketable lightning harvesting technology for electricity production, coal to diesel fuel conversion, carbon dioxide removal from gas turbine exhaust, and urban mini-reactors for safe, compact power generation.

"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, any assumption could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion should not be regarded as a representation by AEHI or any other person that the objective and plans of AEHI will be achieved.

Contact Information