TEMPE, Ariz., April 29, 2008 (PRIME NEWSWIRE) -- Renegy Holdings, Inc. (Renegy) (Nasdaq:RNGY), a renewable energy company focused on acquiring, developing and operating a growing portfolio of biomass to electricity power generation facilities, announced today that its management will participate in the AeA Micro Cap Financial Conference in Monterey, California on May 6, 2008.
Chairman and CEO Bob Worsley is scheduled to present during a special session featuring Alternative Energy / Green Tech companies, which commences at 11:00 a.m. Pacific Time. There will be no web cast of the presentation; however, the presentation will be available on the Internet by visiting Renegy's corporate website at http://www.renegy.com.
The AeA Micro Cap Financial Conference showcases public technology companies up to $200 million in market cap or revenues. Organized by AeA, the nation's largest technology trade association representing all segments of the high-tech industry, the AeA Micro Cap Financial Conference is held each spring in Monterey, California. Its unique, neutral format enables executives from 100 technology companies and more than 250 investors to pair off for intimate small group discussions around technologies, strategic missions, trend analyses and investment potential. For more information, and to see a full list of presenting companies, visit http://www.aeanet.org/microcap.
About Renegy
Renegy, based in Tempe, Arizona, is a renewable energy company focused on acquiring, developing and operating a growing portfolio of biomass 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. Renegy's current biomass power generating assets include a 24 MW facility near Snowflake, Arizona, that is scheduled to begin commercial operations this quarter, and an idle 13 MW biomass plant in Susanville, California, that has the potential to be restarted by the end of 2008. Renegy also recently signed Letters of Intent for the acquisition of two additional biomass facilities -- an operating 20 MW facility in Loyalton, California, and an idle 18 MW facility in Ione, California. Renegy's other business activities include an established fuel aggregation and wood products division, which collects and transports forest thinnings 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.
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