Primary Energy Recycling Corporation Retains Credit Suisse and Genuity as Financial Advisors

    OAK BROOK, IL, Oct. 8 /CNW/ - Pursuant to a previously announced sale
process on September 24, 2008, Primary Energy Recycling Corporation
(TSX:PRI.UN) (the "Company") has retained Credit Suisse and Genuity Capital
Markets as co-lead financial advisors.

    About Primary Energy Recycling Corporation

    The Company owns a majority interest in Primary Energy Recycling Holdings
LLC ("PERH"). PERH, headquartered in Oak Brook, Illinois, indirectly owns and
operates four recycled energy projects and a 50 per cent interest in a
pulverized coal facility (collectively, the "Projects"). The Projects have a
combined electrical generating capacity of 283 megawatts and a combined steam
generating capacity of 1.8 MMlbs/hour. PERH creates value for its customers by
capturing and recycling waste energy from industrial and electric generation
processes and converting it into reliable and economical electricity and
thermal energy for its customers' use. For more information, please see

For further information:

For further information: Michel Lavigne, Chairman, Board of Directors,
Primary Energy Recycling Corporation, (514) 592-5850,

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Primary Energy Recycling Corporation

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