RNS Number:0711J
Leaf Clean Energy Company
03 December 2007

Leaf Clean Energy Company

3 December 2007



Leaf Clean Energy Company ("Leaf" or the "Company"), established to acquire and
manage interests in clean energy companies, predominately in North America, is
pleased to provide an update on its current activities and pipeline.



Highlights:



  * Robust, diversified clean energy project pipeline
  * Identified opportunities representing total potential equity investments
    of over $600 million
  * Term sheets submitted and in negotiation on four projects representing
    potential equity investment in excess of $100 million and one executed term
    sheet representing potential equity investment of up to $20 million



Leaf has made tangible progress in developing a diversified portfolio of assets
in the clean energy sector.  The Company is currently evaluating 22 companies
and projects, including:



              * Two Wind
              * Three Solar
              * Four Alternative Fuels
              * Two Hydro
              * One Landfill Gas
              * Three Energy Efficient Products and Services
              * Two Clean Tech
              * Three Biomass-to-Energy
              * Two Waste-to-Energy



From this group, Leaf has entered into an exclusive term sheet with one project
and is in advanced negotiations with four other projects.  The executed term
sheet encompasses an equity investment in a hydroelectric project company, which
is developing a 9.5MW run of river hydro power plant in Mexico.  Leaf
anticipates making an equity investment in the range of $6.0 to $20.0 million,
depending upon the available debt financing and final capital structure of the
project. The four projects in late stage term sheet negotiations are all located
in the United States and represent in excess of $100 million in prospective
equity investments, with the potential to invest up to an additional $100
million in equity to finance further expansion.



Leaf is also conducting preliminary due diligence and is aggressively evaluating
four additional opportunities, which it hopes to submit term sheets on by the
end of the year. These opportunities represent in excess of $70 million in
equity investments. The remaining 13 investment opportunities being pursued by
Leaf represent total potential equity investments of over $300 million.



Peter Tom, Chairman of Leaf, said "I am pleased with the on-going progress made
by Leaf since listing. Leaf has taken important steps towards building a robust
and diversified portfolio of clean energy assets capable of providing long-term
capital growth."



Simon Shaw, Chairman of Energy & Climate Advisors, the Asset Advisor to the
Company, said "We continue to see growing energy prices and greater clarity on
US carbon policy, all of which increase our confidence in the sustainability of
value of our target portfolio of assets."





For further information please contact:


Simon Shaw                                                 +44 (0) 20 7553 2361

Chairman, Energy & Climate Advisors


Dan Shapiro,                                                    +1 225 987 7408

President, Energy & Climate Advisors


Ivonne Cantu / Oliver Goad                                 +44 (0) 20 7397 8900

Cenkos Securities plc





www.leafcleanenergy.com



www.eeafm.com








                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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