Evergreen Energy, Inc. Partners with Black & Veatch to Help Global Power Generation Clients Reduce Emissions

November 5, 2009 8:06 AM EST

- GreenCert Technology Enables Customers to Better Quantify and Manage CO2 Emission Reductions -

DENVER--(BUSINESS WIRE)-- Evergreen Energy Inc. (NYSE Arca: EEE) subsidiary C-Lock Technology, Inc. has partnered with Black & Veatch to deploy its GreenCert(TM) solution to the global power generation market.

    --  Black & Veatch has collaborated with Evergreen to develop advanced
        efficiency diagnostics and performance improvement services to enhance
        GreenCert for use by power generators. Black & Veatch has provided plant
        performance and efficiency solutions to the power industry for over 25
        years and offers a wide range of tools, process support, and remote
        monitoring and diagnostics services to the industry via its PowerPlantMD
        (TM) offering.
    --  The collaboration with Black & Veatch and Evergreen is expected to
        simplify companies' efforts to measure, verify and report greenhouse gas
        (GHG) emissions to identify and act on efficiency improvement
        opportunities. GreenCert calculates a client's GHG baseline footprint,
        GHG emissions reductions, removals and/or avoidances. It outputs the
        measurements as credits and delivers them as industry standard units for
        third-party verification. With its scientific foundation, GreenCert
        provides a complete and immediate view of any organization's GHG status
        and environmental footprint with up-to-the-minute accuracy. In addition
        to the vast data collected for measurements and credits, GreenCert
        converts data into a carbon information management system, which assists
        enterprises in the planning and management of the cost of carbon.
    --  Black & Veatch expects to provide integrated emissions and performance
        management solutions leveraging GreenCert for additional customer needs
        and requirements.

"The GreenCert solution will address our clients' GHG management and power generation needs worldwide," said Scott Stallard, Vice President of Black & Veatch Energy. "GreenCert is an ideal extension of our innovative plant performance solution that helps our clients benefit from energy efficiency across the full spectrum of their operations."

"Evergreen is proud to be partnering with Black & Veatch to supply the global power generation market with our award-winning GHG Environmental Intelligence measurement technology, GreenCert," said Miles Mahoney, president and general manager of C-Lock. "Black & Veatch is recognized for delivering outstanding value, innovative approaches and solutions to helping clients address the complex nature of power plant performance and efficiency improvements. GreenCert delivers transparency, value and credibility to the burgeoning field of carbon information management and addresses the needs of our partners and their customers who require the most accurate and scalable solutions as they measure their environmental footprint."

About Black & Veatch

Black & Veatch is a leading global engineering, consulting and construction company specializing in infrastructure development in energy, water, telecommunications, management consulting, federal and environmental markets. Founded in 1915, Black & Veatch develops tailored infrastructure solutions that meet clients' needs and provide sustainable benefits. Solutions are provided from the broad line of service expertise available within Black & Veatch, including conceptual and preliminary engineering services, engineering design, procurement, construction, financial management, asset management, program management, construction management, environmental, security design and consulting, management consulting and infrastructure planning. With $3.2 billion in revenue, the employee-owned company has more than 100 offices worldwide and has completed projects in more than 100 countries on six continents.

About Evergreen Energy, Inc.

Evergreen Energy Inc. (NYSE Arca: EEE) has developed two proven, proprietary, patented, and transformative green technologies: the GreenCert(TM) suite of software and services and K-Fuel(R). GreenCert, which is owned exclusively by Evergreen, is a scientifically accurate, scalable environment intelligence solution that measures greenhouse gases and generates verifiable emissions credits. K-Fuel technology significantly improves the performance of low-rank coals yielding higher efficiency and lowering emissions. www.evgenergy.com.

Statements in this release that relate to future plans or projected results of Evergreen Energy Inc. and C-Lock Technology Inc. are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended by the Private Securities Litigation Reform Act of 1995 (the "PSLRA"), and Section 21E of the Securities Exchange Act of 1934, as amended by the PSLRA, and all such statements fall under the "safe harbor" provisions of the PSLRA. Our actual results may vary materially from those described in any "forward-looking statement" due to, among other possible reasons, the realization of any one or more of the risk factors described in our annual or quarterly reports, or in any of our other filings with the Securities and Exchange Commission, all of which filings any reader of this release is encouraged to study. In addition, our ability to execute our business plan and develop the C-Lock Technology may be adversely impacted by the inability to sell Buckeye, raise significant additional capital or effectively complete any restructure transaction on a timely basis to fund our business operations. Readers of this release are cautioned not to put undue reliance on forward-looking statements.

    Source: Evergreen Energy Inc.

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