GDF SUEZ Signs an Agreement to Acquire an Energy Company in the US

    Portfolio of 16 Energy Facilities, Primarily Hydro and Located in New

    Reinforces Marketing Position in the North American Power and Gas

    PARIS, Sept. 2 /CNW/ - GDF SUEZ Energy International through its North
American subsidiary announced today the signing of an agreement to acquire
FirstLight Power Enterprises, Inc.
    FirstLight owns and operates a unique portfolio of 15 power generation
plants - primarily pumped storage and traditional hydro facilities - and has a
state-of-the-art natural gas peaking facility under construction. Together,
these 16 facilities have a combined capacity of 1,538 MW located in
Massachusetts and Connecticut.(*)
    In addition, FirstLight has various expansion opportunities within its
portfolio and reinforces GDF SUEZ' power generation position in the New
England market. Of equal importance is the diversity of FirstLight's assets by
generation type and by location.
    "FirstLight will complement GDF SUEZ's LNG and gas business in North
America and will strengthen the Group's existing power generating assets and
retail activities in New England and eastern Canada. FirstLight will solidify
our presence in a sizeable and growing electricity and gas market," said Dirk
Beeuwsaert, CEO of GDF SUEZ Energy International.
    New England, with a population of 14 million and 31,000 MW of electric
generation capacity, is a core market for GDF SUEZ in North America. The
company currently owns six renewable and natural-gas-fired power generation
assets in the region; sells electricity to large commercial and industrial
customers; and natural gas to nearly every gas utility in New England through
its liquefied natural gas (LNG) business.

    (*)FirstLight portfolio :

    -   1,109 MW of pumped storage hydro power generation capacity

    -   165.5 MW of traditional hydro and run-of-river power
        generation capacity

    -   263.3 MW of gas and coal power generation capacity operating
        or in advanced development

    Pumped storage facilities operate by pumping water from a nearby source
into storage reservoirs, and then running the water from the reservoirs
through turbines connected to generators. The plants consume energy during
off-peak hours and deliver electricity during peak hours. Its flexibility
provides an additional supply security to the region. Traditional hydro
facilities use dams to control releases of water to drive turbines connected
to generators, while run-of-river facilities use the natural flow of a river
to drive turbines connected to generators.
    One of the leading energy providers in the world, GDF SUEZ is active
across the entire energy value chain, in electricity and natural gas, upstream
to downstream. It develops its businesses (energy, energy services and
environment) around a responsible-growth model to take up the great
challenges: responding to energy needs, ensuring the security of supply,
fighting against climate change and maximizing the use of resources. GDF SUEZ
relies on diversified supply sources as well as flexible and high-performance
power generation in order to provide innovative energy solutions to
individuals, cities and businesses. The Group employs 196,500 people worldwide
and achieved revenues of EUR74,3 billion in 2007. GDF SUEZ is listed on the
Brussels, Luxembourg and Paris stock exchanges and is represented in the main
international indices: CAC 40, BEL 20, DJ Stoxx 50, DJ Euro Stoxx 50,
Euronext 100, FTSE Eurotop 100, MSCI Europe and ASPI Eurozone.

For further information:

For further information: Contacts: GDF SUEZ, Press Contact, Tel France:
+33(0)1-47-54-24-35, Tel Belgium: +32-2-510-76-70, E-Mail:;
Investor Relations Contact, Tel: +33(0)1-40-06-66-29, E-Mail:;
GDF SUEZ Energy International, External Communications, Tel: +32-2-510-7069,

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