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New Generation Power International Names Veteran Utility

Executive as CEO
Doyle Beneby is former CEO and President of CPS Energy

Doyle Beneby is former CEO and President of CPS Energy (Photo: Business Wire)
September 16, 2015 08:00 AM Eastern Daylight Time

CHICAGO--(BUSINESS WIRE)--New Generation Power International (NGPI), an international


independent renewable energy company, today named Doyle N. Beneby Jr., 56, a utility and power
industry veteran, as chief executive officer, effective Oct. 1. Since August 2010, Beneby has been
CEO and President of CPS Energy in San Antonio, Texas, which is one of the largest municipallyowned electric and gas utility companies in the US.

I have seen the difference that clean-energy sources make, and I am eager to
help the company continue to grow around the world.
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Doyle brings deep energy industry experience and knowledge that will take NGPI to the next level,
said Chairman Chirinjeev Kathuria, who founded the company in 2009. He is well-respected within
the energy industry, especially for his dedication to spreading the benefits of renewable energy to
serve electricity consumers and that is our mission here.
Beneby, who focused particularly on renewable and cleaner energy sources at CPS Energy, will add
his renewable energy and utility expertise to NGPI. NGPI is a growing international clean-tech leader
investing often in partnership with local developers in a wide spectrum of natural resources-related
projects, including solar, wind, geothermal heat, biomass and hydro.
Chirinjeev Kathuria and NGPI demonstrate the power and potential of renewable energy in all of its
forms, and the contribution it is making in the areas of the world that need it most, said Beneby. I
have seen the difference that clean-energy sources make, and I am eager to help the company
continue to grow around the world.
Previously, Beneby held leadership roles at Florida Power & Light Co., Consumers Energy Co.,
PECO Energy, ComEd and Exelon Power, where he served as president. He has been an
independent director of Capital Power Corp. since April 2012.
Surging interest in carbon-free sources of energy is driving the emergence of the renewable fuels
sector and NGPI is one of the few international companies that expect to engage in projects and
embrace the spectrum of natural resources including solar and wind to hydro, geothermal heat and
biomass.
ABOUT NEW GENERATION POWER INTERNATIONAL
New Generation Power International is an international, independent power company with a portfolio
of multi-technology, utility-scale renewable energy projects. Its vision is to provide clean, reliable

power generation in an efficient way to global markets to meet the rapidly increasing demand. Visit
the company online at www.newgenpower.com.
ABOUT DOYLE N. BENEBY
Prior to joining New Generation Power International, Beneby, a seasoned energy executive, served
as CEO and President for CPS Energy, one of the largest municipal electric and gas utilities in the
United States. Prior to leading CPS Energy, Beneby served most recently as President of Exelon
Power. He has also held senior executive positions at Florida Power & Light Co., Consumers Energy
Co., PECO Energy, and ComEd. He has been an independent director of Capital Power Corp. since
2012. Beneby holds a B.S. in Engineering from Montana Technical College and M.B.A. from the
University of Miami.
TRANSLATIONS OF THIS PRESS RELEASE ARE AVAILABLE BELOW:
http://newgenerationpower.energy/Doyle-CEO/german-release.pdf
http://newgenerationpower.energy/Doyle-CEO/hindi-release.pdf
http://newgenerationpower.energy/Doyle-CEO/espanol-release.pdf
http://newgenerationpower.energy/Doyle-CEO/portuguese

Contacts
Edelman
Allison Metcalf, 312-729-6474
allison.metcalf@edelman.com

New Generation Power International Announces 34.5


Megawatt Biomass Project in Japan

CHICAGO, IL--(Marketwired - September 16, 2014) - New Generation Power

International, a leading global renewable energy company, will develop three


11.5 Megawatt (MW) wood biomass plants in Japan.
Together, Chicago-based New Generation Power International (NGPI) and
Nippon Energy Solution, Inc. (NES) will launch a new wood-based biomass
energy generation venture that will construct three separate facilities located
in the Japanese regions of Miyazaki and Kagoshima.
Expected to break ground around April 2015, the project will be capable of
generating 248 GWh of electricity annually, the equivalent of powering
44,000 households and cost an estimated $169.67 million USD.
With a strong presence throughout Japan and a robust relationship with the
local economies of Miyazaki and Kagoshima, NES will be responsible for the
project's development, operation and fuel supply. Synergy Power Solutions
and Artha Energy Resources will advise the transaction.
"Nippon Energy Solution is honored to create a great alliance with NGPI, one
of the largest energy companies in the world. We are very excited about this
opportunity," said Naoki Yamaguchi, President of NES. "We believe it will
contribute to a more stable energy supply and local economy, especially in
the forest industry."
The combined three 34.5 MW biomass plants pose little to no start-up risk
and will use state-of-the-art materials, which include 15,000 tons of
woodchips/month from domestic contractors. Long-term supply contracts
with local timber unions have already been secured and will supply roughly
50 percent of the materials.
In addition, roughly 10,000 tons of palm kernel shells (PKS) will be imported
each month from the overseas market. Currently, Indonesia produces 6
million tons, while Malaysia produces 4 million tons of PKS
annually. Negotiations with a major heavy machinery company have already
been initiated. The project is also seeking a plant operator for a minimum of
20 years to include periodical maintenance.
The 20-Year Power Purchase Agreement (PPA) will allow 100 percent of the
energy generated by the biomass facilities to be purchased by a major PPA
carrier through the Feed-in Tariff Program (FIT). Since the renewal of FIT in
2012, the number of biomass facilities in Japan has grown, expanding
renewable energy sources and reviving an area devastated by the country's
2011 earthquake and tsunami.
Together, NGPI and NES intend to increase their biomass power plant
business by more than 100MW throughout Japan in the near future. They will
also be expanding their portfolio to both solar and geothermal energies
across the region.
"The NGPI team is very excited about developing these prestigious biomass
projects in Japan along with NES," said Nisha Joshi, President of NGPI. "We are
in the day and age where we have to use technologies to convert any waste
or remains into energy and keep the cycle going. This will not only help clean
the waste from the world's growing population, but also keep up with the
growing energy demand," she added.

New Generation Power is currently developing over 3000MW of hydro, solar,


wind and thermal projects across the globe in regions throughout Africa, the
Middle East, Europe, South America and the United States.
The Japan 34.5 MW wood biomass project is expected to commissioned by
the Fourth Quarter of 2016.
ABOUT NEW GENERATION POWER INTERNATIONAL

New Generation Power International (NGPI) is headquartered in Chicago and


is an international, independent power producer and provider of tailor-made
turnkey renewable power plant solutions with core competencies in: Solar,
Wind, Biomass, Hydro, Waste-to-Energy and Geothermal. NGPI's parent
company, New Generation Holdings is a privately held, U.S.-owned and
operated company focusing on five key areas -- Utility Scale Power
Generation; Distributed Generation, Mining Exploration & Extraction,
Infrastructure and Aerospace. Visit the company online
at www.newgenpower.com.
ABOUT NIPPON ENERGY SOLUTION, INC.

Established in June 2012, NPS is headquartered in Tenjinmine-Chuo, Narita,


Chiba, Japan. Their knowledge and proficiency in the wood and biomass
power business has helped them build strong relationships across Japan with
local economies and government to effectively improve energy problems,
while at the same time creating jobs and stimulating the economy.
ABOUT ARTHA ENERGY RESOURCES, LLP

Artha Energy Resources (AER) provide avenues for investments into


renewable power. AER has relationships with governments, EPCs, developers,
etc. across all verticals and stages of project development in India, Japan and
the United States. They have advised 165 MW of transaction closures,
bringing in a total of $548 million of renewable investments for 2014. Find
out more at www.ArthaEnergyResources.com.
The following files are available for download:
NGPI Announces 34.5 Megawatt Biomass Project in Japan

CONTACT INFORMATION

Contact information

Media Contact:
Lindsey Wagner New Generation Power

lwagner@newgenpower.com
312-610-960