Leading Renewable Industry Executive Joins Community Energy

(Radnor, PA, April 22, 2010) – David Giordano, 41, formerly with FPL Energy and then Babcock & Brown North American Energy Group, has joined Community Energy, Inc. as Chief Financial Officer and Chief Operating Officer.   During his time at Babcock & Brown, Mr. Giordano closed over $4 billion of wind transactions.  At FPL Energy, David developed and acquired operating and development power assets, and was part of the team that completed the first bond offering on wind assets—an investment grade credit rating raising nearly $400 million of new capital to the renewable energy sector.  David holds a Master’s in Public Administration from Syracuse University’s Maxwell School, and a B.A. from Dickinson College in Economics and Policy & Management Studies.
 Community Energy is a leading renewable energy developer and marketer, and led the opening of renewable energy markets in the Eastern U.S., over the last decade.

“We have seen David’s talent at work on many projects over many years, and are excited to have him on the Community Energy team, particularly now as we jump back into the capital markets and expand project development.  With solar projects surging forward and wind generation continuing to grow, David brings the development and finance leadership that is the key to delivering renewable energy projects at scale,” said Brent Alderfer, CEO of Community Energy, Inc.
To find out more about Community Energy’s projects, customers, or plans for solar and wind development, please visit www.CommunityEnergyInc.com.

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About Community Energy, Inc.
Community Energy has been leading renewable energy development since its founding in 1999.  By launching the market for direct sales of renewable energy to retail electric customers, Community Energy first leveraged consumer choice to build demand for early new renewable projects, and went on to deliver wind energy at record scale.  CEI continues to lead the industry by virtue of the Company’s expanded market options that deliver the full economic and environmental advantages of solar and wind energy directly to its array of customers and utility partners.  The Company has a proven track record of delivering on its mission of a renewable energy future with a triple bottom line.