Renegy to Announce Second Quarter Financial Results On August 14


TEMPE, Ariz., Aug. 7, 2008 (PRIME NEWSWIRE) -- Renegy Holdings, Inc. (Renegy) (Nasdaq:RNGY), a renewable energy company focused on acquiring, developing and operating a growing portfolio of biomass power generation facilities, announced today that it will report second quarter 2008 financial results after the market closes on Thursday, August 14.

In connection with this announcement, Renegy will host a live conference call and webcast to discuss its results and an update on the business at 1:45 p.m. Pacific Time (4:45 p.m. Eastern Time) the same day. 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:  August 14, 2008
 Time:  1:45 PM PT

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

Schedule this webcast into MS-Outlook calendar (click open when prompted):http://apps.shareholder.com/PNWOutlook/t.aspx?m=32749&k=112DA930


 Toll-free:      1-866-543-6215
 International:  1-706-679-1559
 Access code:    58362542

An archived version of the webcast will be available for replay on the Company's website beginning approximately two hours following the conclusion of the live call and continuing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 August 21, 2008. To access the replay, dial 1-800-642-1687 (1-706-645-9291 for international callers), using passcode 58362542.

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 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 commenced commercial operations in June 2008, and an idle 13 MW biomass plant in Susanville, California. Renegy has also 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 provide additional value to its primary business operations. Find Renegy on the Worldwide Web at www.renegy.com.



            

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