FOR IMMEDIATE RELEASE 

Gas marketer Nordic Energy to start selling power in Illinois November 5, 2008

Nordic Energy, a player in the Illinois natural gas market -- is now jumping into the retail power game.

The firm was granted a certification of authority from the Illinois Commerce Commission (ICC) to become an alternative retail electric provider (ARES). The timing couldn't be better.  "Just looking at the general regulatory landscape, there's about 250,000 customers that will be pushed off of ComEd.  Eventually all of the smaller customers will be pushed into the open market over the next couple of years and we view that as a really big opportunity to grow our presence in that market," Nordic President James Deering told us yesterday.

There have been moves recently to declare C&I's in the Prairie State competitive, and Nordic wants to take advantage of that. Nordic's goal will be to service C&I customers with an annual use of more than 15,000 kw annually in the ComEd territory. The firm will use its natural gas experience to help guide it through the power landscape. Its natural gas territory touches on four utilities in Illinois and Indiana, including Peoples Gas, Northshore and NICOR, territories in Illinois and the NIPSCO territory in Indiana. "We know the region, we know the challenges and we have the industry experience to excel in the electric market," said Deering.

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FOR IMMEDIATE RELEASE 

NORDIC ENERGY SERVICES APPROVED AS A CERTIFIED ARES PROVIDER                                                                      

Contact:  Jim Deering
Nordic Energy Services, L.L.C.
jdeering@nordicenergy-us.com
630-321-0888

Contact: Alyssa Coberly
Nordic Energy Services
630-321-0555
acoberly@nordicenergy-us.com
           
WILLOWBROOK, IL, October 24, 2008 - Nordic Energy Services, L.L.C., has announced plans to enter the deregulated electric market in Illinois after being granted a certification of authority from the Illinois Commerce Commission to become an Alternative Retail Electric Provider (ARES).

Nordic Energy’s goal will be to service commercial and industrial customers with an annual consumption greater than 15,000 kilowatts annually in the Commonwealth Edison territory.

Nordic Energy Services currently supplies over 1,500 locations with natural gas service in Peoples Gas, Northshore and NICOR territories in Illinois and the NIPSCO territory in Indiana.

“We are ready to provide current and new customers with electricity utilizing the same innovation, risk management practices and outstanding customer service that we have provided our natural gas customers for years,” said Nordic Energy Services President James Deering.  “We know the region, we know the challenges and we have the industry experience to excel in the electric market.”

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About Nordic Energy Services, L.L.C.
Nordic Energy Services is an independently owned company specializing in outsourced energy management, customized risk management, energy procurement and demand-side energy management.  All Nordic personnel have major energy account experience and extensive knowledge of regulated and non-regulated energy environments. Nordic prides itself on uncovering measurable natural gas and electric savings opportunities for all its customers. Learn more about Nordic Energy Services at www.nordicenergy-us.com.