Competitive Power Ventures Issues Official Corporate Statement Regarding The United States Attorney's Office For The Southern District Of New York Announcement

Competitive Power Ventures' Official Corporate Statement

Braintree, MA — Competitive Power Ventures ("CPV") today issued the following statement relating to charges announced by the United States Attorney's Office for the Southern District of New York ("USAO").

"CPV takes the indictment of Mr. Kelly extremely seriously. We do not condone his alleged conduct, which is inconsistent with who we are as a company. We will continue our work in accordance with the high level of excellence our communities and partners have come to expect of us. We will also continue to cooperate with the ongoing investigation."


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CPV: Energizing North America’s Future

CPV is dedicated to increasing America’s sustainability; both economically and environmentally.  Using domestically-available energy sources, like wind and natural gas, and partnering with host communities to support their tax base and school districts, CPV works to stabilize and improve local and state economies.  CPV’s corporate mission is built around a belief that progressive companies can be powerful agents of change for a better world and a cleaner environment. To this end, we have focused our core activities around developing and operating energy facilities that can make a significant difference in improving the environments and economic well-being of a region. Headquartered in Silver Spring, MD, with offices in Braintree, MA, and San Francisco, CA the company currently has over 3,600 MW of conventional generation projects in various stages of development across North America. The company’s Asset Management division has ramped up to more than 4,800 MWs of natural gas generation and wind power under management.  In addition, CPV Renewable Energy Company is currently developing multiple wind power projects across North America. Find out more at www.cpv.com. Follow CPV on Twitter: @CPVEnergy.