Unique Political Common Ground on UK Renewables and Green Bank

LONDON, March 30, 2010 - Cross party support for the new UK Green Bank has reigned in,
despite election politics. With the recent release of the Treasury's Strategy
for National Infrastructure and the Tory Energy Policy, spending on renewable
energy and modernizing UK energy infrastructure has emerged as unique common
ground between the major parties.

The UK Chancellor, Alistair Darling, announced the GBP2bilion
Green Investment Bank, which will focus on investing in green transport and
sustainable energy, in particular offshore wind power with "GBP60m to develop
ports looking to host manufacturers of offshore wind turbines."

Speaking to the European Future Energy Forum, Energy and
Climate Change Secretary Ed Miliband said "The green investment bank, new
support for wind turbine manufacturing sites and the first findings of our
work to reform the energy market are all critical."

Conservative Shadow Energy and Climate Change Minister Greg
Clark told EFEF: "The announcement in the Budget of a Green Investment Bank
is welcome - it is an idea that the Conservatives first proposed last year"

Liberal Democrat Shadow Energy and Climate Change Secretary, Simon Hughes
told EFEF: "We're concerned that both Labour and the Tories want the bank to
fund nuclear power, which is far from a clean solution to our energy crisis,"
said Mr. Hughes.

With agreement on the scale of low carbon energy and
transportation infrastructure needed in the UK, renewable energy looks set to
grow significantly. What remains to be seen is who will be in Government.

The European Future Energy Forum looks set to be the 1st
showcase of the UK Government post-election of their renewable energy plans
and policy. Done in association with UKTI, the forum will be the UK's largest
gathering of international renewable energy manufacturers, investors and
service providers.

The Forum, founded by the Masdar Initiative, Abu Dhabi Future
Energy Company, was launched after the success of the mother event, the World
Future Energy Summit in Abu Dhabi.

"The Forum will be the place for the generation of solutions",
said Dr Sultan Al Jaber, CEO, Masdar. 'Our vision is of using these Forums as
a method of exchanging knowledge and doing business internationally."

see www.EuropeanFutureEnergyForum.com

Notes -

www.EuropeanFutureEnergyForum.com

ABOUT UKTI

www.uktradeinvest.gov.uk

ABOUT MASDAR

www.masdaruae.com

ABOUT THE ORGANISERS

see www.turretme.com

See www.bec.eu

Please contact:

Lindsey Bredin, PR Manager, Tel: +44-(0)7747-162259
lindsey@EuropeanFutureEnergyForum.com

Jo Tyler, Event Director j.tyler@turretme.com

Rebecca Oxley, Marketing and Media Partnerships
r.oxley@turretme.com

Please contact: Lindsey Bredin, PR Manager, Tel: +44-(0)7747-162259, lindsey at EuropeanFutureEnergyForum.com. Jo Tyler, Event Director j.tyler at turretme.com. Rebecca Oxley, Marketing and Media Partnerships, r.oxley at turretme.com