Renegy Reschedules Release of Fourth Quarter and Year-End 2007 Financial Results to Monday, March 31


TEMPE, Ariz., March 19, 2008 (PRIME NEWSWIRE) -- Renegy Holdings, Inc. (Renegy) (Nasdaq:RNGY), a green energy company focused on acquiring, developing and operating a growing portfolio of biomass to electricity power generation facilities, announced today that it will release fourth quarter and year-end 2007 financial results after the market closes on Monday, March 31, 2008, rather than on Thursday, March 27, as previously scheduled.

In connection with this announcement, Renegy has also rescheduled its live conference call and webcast to discuss its results and an update on the business to March 31, 2008 at 1:45 p.m. Pacific Time (4:45 p.m. Eastern Time). Interested parties are invited to listen to the call over the Internet by accessing the Company's website at www.renegy.com. Webcast participants should allot extra time before the webcast begins to register and, if necessary, download and install audio software.



      Date:  March 31, 2008
      Time:  1:45 PM PT

      Listen via internet:  http://ir.Renegy.com/

      Toll-free:       1-866-543-6215
      International:   1-706-679-1559
      Password:        38614211

An archived version of the webcast will be available for replay on the Company's website beginning approximately two hours following the conclusion of the live call and continuing for a period of 30 days. A replay of the call will also be available via telephone through April 7, 2008. To access the replay, dial 1-800-642-1687 (1-706-645-9291 for international callers), using passcode 38614211.

About Renegy

Renegy, based in Tempe, Arizona, is a green energy company focused on acquiring, developing and operating a growing portfolio of biomass to electrical power generation facilities. Renegy seeks to rapidly grow its renewable energy assets with the goal of becoming the leading independent power producer (IPP) of biomass electricity in North America utilizing wood waste as a primary fuel source. Its first project is a 24 megawatt (MW) biomass facility under construction near Snowflake, Arizona. This facility is scheduled to begin supplying electrical power to Arizona's two leading utility companies in the second quarter of 2008, and serves as a solid foundation for the Company's growth. Renegy's other business activities include an established fuel aggregation and wood products division, which collects and transports forest thinning and woody waste biomass fuel to its power plants and which sells logs, lumber, shaved wood products and other high value wood by-products to reduce the cost of fuel for its primary business operations. Find Renegy on the Worldwide Web at www.Renegy.com.

The Renegy Holdings, Inc. logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=4856



            

Contact Data