19 April 2007 Navasota Energy Announces Phase II of Power Plant near Wharton
Mr. David L. Schroeder
Director of Economic Development
Wharton Economic Development
1944 North Fulton Street
Wharton, Texas 77488
Dear David,
We are pleased to advise you that due to the progress of Phase I of the Colorado Bend Energy Center and favorable conditions in general, we are delighted to announce that we are ready to release Phase II of the project and expand the combined cycle plant from the current 275-megawatt capacity to its full capacity of 550-megawatts. The second phase of the facility, just like the first, will be designed using state-of-the-art emissions control technology that meets or exceeds all state and federal regulations for a plant of this type. As you know, all of the permitting and infrastructure to support our Phase II expansion is already in place due in large part to your help and support. We are pleased with the partnership we have formed with the development corporation, Judge Murrile, the county commissioners, and the City of Wharton to make Colorado Bend Energy Center a reality. Thank you for your dedication and for the support of the Wharton community. We are looking forward to coming online with the first phase in the spring and the positive impact to the community by adding Phase II.
Sincerely,
Dan Hudson
Chief Financial & Investment Officer
