19 October 2005 — Washington (D.C.), Ottawa, London and Tokyo – October 19, 2005 - Natsource LLC, a leading global provider of asset management services, transaction services and advisory and research services in emissions and renewable energy markets, announced today that its wholly owned subsidiary Natsource Asset Management Corp. (NAMC) has closed the Greenhouse Gas Credit Aggregation Pool (GG-CAP), with total commitments of €455 million (US$550 million) from 26 participants.  The GG-CAP is the first private-sector initiative to provide a cost-effective means for companies to meet requirements to reduce their greenhouse gas emissions under the European Union Emissions Trading Scheme and the Kyoto Protocol.

“The closure of GG-CAP, the first private-sector credit aggregation pool, is a watershed in the development of the greenhouse gas market,” said Jack Cogen, president of Natsource LLC.  “The participation of so many highly regarded companies from around the world demonstrates the viability of this approach for meeting emissions-reduction targets.  We are proud of the confidence that these major corporations have shown in us.”

The 26 participants in the program are among the largest consumer product, manufacturing, energy and utility companies in Europe, Japan, and North America, and have a combined market capitalization of more than US$300 billion.  Participants include: The Chugoku Electric Power Co., Inc.; Cosmo Oil Co. Ltd.; Electricity Supply Board (Ireland); Endesa Generacion; E.ON UK; EPCOR; Hokuriku Electric Power Company; Hokkaido Electric Power Co., Inc.; Iberdrola; Norsk Hydro ASA; The Okinawa Electric Power Co., Inc.; Public Power Corporation S.A.; Repsol YPF; Sergey Brin; Suntory, Ltd.; and Tokyo Gas Co., Ltd.