ENERGY INVESTORS FUNDS CLOSES INVESTMENT IN SOLAR POWER PARTNERS, INC.

MILL VALLEY, CA (September 30, 2008) Energy Investors Funds (“EIF”), an established private equity fund manager that invests in the U.S. energy and electric power sector, is pleased to announce that United States Power Fund III, L.P. (“USPF III”) has closed its investment in Solar Power Partners, Inc. (“SPP”), a leading national solar energy services provider.  Terms of the investment were not disclosed.

SPP partners with businesses, municipalities and institutions to provide them with clean solar power-generated electricity by contracting with them to install solar panels on their property.  Customers sign power purchase agreements to purchase the electricity generated by the solar panels at fixed rates.  The funds will be used by SPP for nationwide corporate expansion and project development.

“We’re extremely excited about our investment in SPP,” said Jose Torres-Monllor, a Senior Vice President with EIF.  “SPP provides a win-win for its customers by providing them with low-cost, clean electricity at locked-in rates.  We continue to see great opportunities in the clean energy space and look forward to working with SPP to grow their business.”

SPP has projects completed or under construction in California and Hawaii, with plans to expand nationally.  SPP’s customers include airports, hospitals, schools, and supermarket chains.

“Partnering with a firm of EIF’s stature is a great testament to our business model and future plans,” said Alexander v. Welczeck, President and Chief Executive Officer of SPP.  “We believe solar power is a wonderful alternative for companies and cities looking for affordable, clean, consistent electricity.”

About Energy Investors Funds

EIF was founded in 1987 as the first private equity fund manager dedicated exclusively to the independent power and electric utility industry.  Its consistent, proven investment strategy is to create geographically and technologically diversified portfolios of electric power-related assets that provide superior risk-adjusted equity returns with current cash flow and capital appreciation.  As investment managers, EIF seeks to mitigate commodity risk (fuel and electricity) by focusing primarily on acquiring power assets with long-term off-take contracts.  EIF has mobilized over $3.4 billion in capital raised in seven funds, and currently manages four private equity funds from its offices in Boston, New York, and San Francisco.  These funds have made over 100 diversified investments with a combined underlying asset value exceeding $7 billion.  EIF controls 4,000 MW of operating power assets with another 2,200 MW of power assets under development or construction.  For more information visit www.eif.com.

About Solar Power Partners, Inc.

Solar Power Partners, Inc. (SPP) is a California-based renewable energy company that is leading the way in streamlining adoption of clean solar energy by businesses, institutions and municipalities throughout the United States of America.  SPP combines in-house solar experience, best-of-breed technologies and best practices of top solar and building industry professionals with the financing strength of Power Purchase Agreements (PPA) and project financing expertise to give building owners a clear path to achieving energy independence at predictable rates and without the risks or costs of owning and maintaining solar energy facilities.  For more information on SPP™, please contact us at: 1-415-389-8981 or visit us on the Web at http://www.solarpowerpartners.com.

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