May 5, 2005

Morristown, NJ -- Brooklyn Navy Yard Partners L.P. (BNYCP) cogeneration power facility in Brooklyn,
N.Y. was recently accepted into the prestigious U. S. Environmental Protection Agency’s (EPA) Performance Track Program. This program recognizes BNYCP’s accomplishments in environmental leadership and improving environmental performance of the facility by reducing air and wastewater emissions and consumption of water and other resources. BNYCP must demonstrate each year that the facility has continued its leadership by submitting an annual report that is available to the public. Additionally, a benefit of the program to the public is that the facility is subject to critique by mentors in its peer group.

The EPA program is four years old and has over 350 facilities, of all types, participating with such major firms as IBM, Pfizer, J&J, 3M, and NASA being represented in the program.

BNYCP is owned primarily by affiliates of Morristown, N. J. based Delta Power Company, LLC (Delta), and affiliates of New York City based Metalmark Capital, LLC.

The facility sells steam and electricity to Con Edison and the Brooklyn Navy Yard Development Corporation.

For additional information about Delta Power, please refer to www.deltapower.com.
For more information about Metalmark Capital, please contact Vanessa Adler at 212-823-1930.