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New Generation Biofuels Completes Construction of Baltimore Facility
Date:2/18/2009

Plant to Be Commissioned in Coming Weeks

LAKE MARY, Fla., Feb. 18 PRNewswire-FirstCall/ -- New Generation Biofuels Holdings, Inc. (Nasdaq: NGBF) ("New Generation Biofuels" or the "Company"), a development stage renewable fuels provider, today announced that construction of the Company's first commercial-scale facility in Baltimore, Maryland has reached substantial completion, and operations are expected to commence within the next few weeks.

New Generation Biofuels' Baltimore facility has a nominal production capacity of 5 million gallons per year, which can be expanded to as much as 50 million gallons per year to support growth in demand for biofuel. New Generation Biofuels currently has sales agreements with Dynegy (NYSE: DYN) to supply up to 1.7 million gallons of biofuel per year and with the Commonwealth of Massachusetts and the Taunton State Hospital to supply up to 220,000 gallons of renewable biofuel over a twelve-month period. The Company is also conducting test burns with other leading independent energy producers as well as large commercial and industrial users.

"We are pleased that we can now begin producing our second-generation biofuel at our Baltimore plant, whose modular design can accommodate capacity increases as we experience heightened demand for our versatile, cost-effective and technically superior product," said David A. Gillespie, president and CEO of New Generation Biofuels. "Renewable energy has become an essential component of the Obama administration's energy policy to address the important issues of energy security and climate change, and we look forward to being part of the solution as we ramp up our production."

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SOURCE New Generation Biofuels Holdings, Inc.
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