SUEZ Energy North America, Inc. Affiliate Completes Acquisition of Ventus Energy Inc.



    HOUSTON, Sept. 20 /CNW/ -- SUEZ Canada Acquisition Corp. ("SUEZ"), an
affiliate of SUEZ Energy North America, Inc., is pleased to announce that
26,731,156 common shares ("Ventus Shares") of Ventus Energy Inc. ("Ventus")
have been tendered to SUEZ's previously announced offer (the "Offer") to
purchase all of the outstanding shares of Ventus for cash consideration of CDN
$5.21 per Ventus Share (including shares issuable upon the exercise of
outstanding options and warrants to purchase Ventus Shares).
    SUEZ has instructed Olympia Transfer Services Inc., the depositary under
the Offer, to take up and pay for validly deposited Shares. Following such
take up and payment, SUEZ will own 100% of the outstanding Ventus Shares on a
fully diluted basis.
    SUEZ announced the Offer on August 10, 2007 and mailed a take-over bid
circular to the securityholders of Ventus on August 13, 2007. The Offer
expired at 5:00 p.m. (Toronto time) on September 19, 2007.
    This release confirms that all of the terms and conditions of the Offer
have been complied with or waived and that SUEZ is taking up and paying for
26,731,156 Ventus Shares pursuant to the Offer. This release does not
constitute an offer to purchase or a solicitation of an offer to sell
securities.
    
    About SUEZ Energy North America
    
    Based in Houston, SUEZ Energy North America, Inc. is the business unit of
SUEZ Energy International responsible for managing SUEZ positions within the
energy value chain in the United States, Mexico, and Canada, including
electricity generation and cogeneration, natural gas and liquefied natural gas
(LNG), asset-based trading and origination, and retail energy sales and
related services to commercial and industrial customers.
    SUEZ Energy North America owns and/or operates a total of 45 power,
cogeneration, steam, and chilled-water facilities, including those in
construction or development, representing a capacity of more than 5,538 MW of
electricity generation, 6.4 million pounds per hour of steam, and 61,749 tons
per hour of chilled water. SUEZ Energy North America's wholly owned
subsidiary, Distrigas of Massachusetts, owns and operates a liquefied natural
gas receiving terminal in Everett, Mass., which began operations in 1971 and
currently serves most of the gas utilities in New England and key power
producers, meeting approximately 20 percent of New England's annual gas
demand. In addition, SUEZ Energy North America has two LNG deepwater port
projects under development off the coasts of Massachusetts and Florida. SUEZ
Energy International is a business line of SUEZ (NYSE:   SZE), which is an
international industrial and services Group that employs 140,000 people
worldwide.
    For more information about these companies and their activities, please
visit the following Web sites:
    
    SUEZ: http://www.suez.com
    SUEZ Energy Internacional: http://www.suezenergyint.com
    SUEZ Energy North America: http://www.suezenergyna.com
    




For further information:

For further information: Julie Vitek, SUEZ Energy North America, 
+1-617-526-8334, Julie.vitek@suezenergyna.com, or Katja Damman, SUEZ Energy 
Internacional, 32 2 510 70 69, Katja.damman@suezenergyint.com, or Arnaud 
Erbin, SUEZ Investor Relations, 33 1 4006 6489, arnaud.erbin@suez.com, all of 
SUEZ Energy North America Web Site: http://www.suez.com                 
http://www.suezenergyint.com                  http://www.suezenergyna.com

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SUEZ ENERGY NORTH AMERICA, INC.

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