Bloomberg Acquires Clean Energy Data Leader New Energy Finance

Combination will Provide Transparency to Carbon and Clean Energy Markets for Investors and Industry

NEW YORK and LONDON, December 10 - Bloomberg L.P., the world's most trusted source of data, news, analytic
and trading tools for businesses and financial professionals, has acquired
New Energy Finance, a global leader in providing news, data and analysis on
renewable energy, carbon markets, energy efficiency, biofuels, carbon capture
and storage, and nuclear power.

"This acquisition is the next step in Bloomberg's initiative to develop
and promote the carbon and clean energy markets," said Peter T. Grauer,
chairman of Bloomberg. "Carbon and clean energy issues touch every segment of
the global economy, and are of increasing importance to our customers.
Bloomberg's vision is to be the leader in information, analytics and trading
architectures to support low-carbon energy solutions.

"The BLOOMBERG PROFESSIONAL(R) service provides robust functionality for
traditional energy and commodities markets and is breaking new ground to
support carbon and clean energy. The combination of Bloomberg and New Energy
Finance creates a unique opportunity to shape the future of this growing
market and impact the planet in a positive way," Grauer said.

Bloomberg President Daniel L. Doctoroff said, "Bloomberg is the leader in
gathering large amounts of complex data and utilizing sophisticated analytics
to transform it into actionable intelligence. The acquisition of New Energy
Finance allows us to leverage these core skills and deliver transparency to
the very dynamic carbon and clean energy markets.

"Bloomberg's analytic, news, trading and display capabilities enable us
to create essential tools for the emerging clean energy and carbon investment
community," Doctoroff noted. "New Energy Finance's unparalleled data and
market knowledge, together with Bloomberg's unmatched analytics, will add
even greater value to the BLOOMBERG PROFESSIONAL service and open new
opportunities for energy market participants."

"Clean energy and carbon investment will generate significant demand for
information, research and analysis over the next decade," said Beth Mazzeo,
head of global data at Bloomberg. "New Energy Finance and Bloomberg have
complementary expertise and data that will help set new standards, increase
market liquidity and provide our customers with incomparable investment tools
to establish a global framework for these markets."

New Energy Finance was founded in 2004 and serves banking, private equity
and venture capital investors, asset managers, manufacturers, oil and gas
companies, utilities, NGOs, development banks and governments. New Energy
Finance's services include Insight, Industry Intelligence (the world's
largest database of clean energy investors, projects and deals), News &
Briefing and advisory. They are used around the world by leading
decision-makers to support their investment and operating strategies.

"The thesis behind New Energy Finance is that we are seeing a fundamental
re-engineering of the world's energy industry around low-carbon
architectures, which will take decades, cost trillions of dollars and require
the creation of new market instruments. It will also, of course, require
investment-grade information and analysis. Tying up with Bloomberg will
enable us to maintain the market leadership position we have established,
developing new services of great sophistication for our clients as the clean
energy and carbon markets grow rapidly and become an important part of
mainstream investing," said Michael Liebreich, chairman and CEO of New Energy
Finance. "I am particularly pleased to be announcing the deal just as the
international negotiations in Copenhagen get under way."

Guy Turner, director of carbon market research at New Energy Finance,
said, "Global carbon markets are here to stay. This year will see trading
volume of around US$120 billion, and we expect this figure to grow to
approximately US$2 trillion by 2020. New Energy Finance's carbon market
models are the most trusted in the world, and working with Bloomberg we will
be able to get them where they are needed - into the hands of traders and
other market players."

"New Energy Finance serves leading financial service providers and major
corporations active in clean energy and carbon, and works closely with the
World Economic Forum, the UN and a growing number of governments around the
world. The link with Bloomberg will enable us to extend our reach far beyond
our current client base, using the resources offered by the world's leading
provider of financial information," said Jon Moore, commercial director and
deputy chief executive of New Energy Finance.

About New Energy Finance

New Energy Finance is the world's leading independent provider of
subscription-based news, data and research to decision-makers in clean energy
and the carbon markets. The company has a staff of more than 130, based in
London, Washington DC, New York, San Francisco, Beijing, Shanghai, New Delhi,
Hyderabad, Cape Town, Sao Paulo, Sydney and Perth. New Energy Finance's
Insight Services provide deep market analysis to investors in wind, solar,
bioenergy, geothermal, carbon capture and storage, energy efficiency, smart
grid, nuclear power and traditional energy markets. The company provides
dedicated services for each of the major emerging carbon markets: Europe,
International (Kyoto), Australia and the US, where it covers the planned
regional markets as well as potential federal initiatives, plus the voluntary
carbon market. Its Industry Intelligence service provides access to the
world's most comprehensive database of investors and investments in clean
energy. The New Energy Finance News and Briefing Service is the
industry-standard global news and newsletter service focusing on clean energy
investment. The company also undertakes custom research and consultancy and
runs senior-level networking events.

About Bloomberg

Bloomberg is the world's most trusted source of information for
businesses and professionals. Bloomberg combines innovative technology with
unmatched analytic, data, news, display and distribution capabilities, to
deliver critical information via the BLOOMBERG PROFESSIONAL(R) service and
multimedia platforms. Bloomberg's media services cover the world with more
than 2,200 news and multimedia professionals at 146 bureaus in 72 countries.
The BLOOMBERG TELEVISION(R) 24-hour network reaches more than 200 million
homes. BLOOMBERG RADIO(R) services broadcast via Sirius XM Radio and
1worldspace(TM) satellite radio globally and on WBBR 1130AM in New York. The
award-winning monthly BLOOMBERG MARKETS(R) magazine, BLOOMBERG BUSINESSWEEK
magazine and the BLOOMBERG.COM(R) financial news and information Web site
provide news and insight to businesses and investors. For more information,
please visit www.bloomberg.com.

The BLOOMBERG PROFESSIONAL service and data products are owned and
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or its subsidiaries. All rights reserved.

Bloomberg: Judith Czelusniak, +1-212-617-1212, jczelusniak at bloomberg.net; or New Energy Finance: Angus McCrone, +44-20-7092-8800, angus.mccrone at newenergyfinance.com