HOUSTON, Texas, Feb. 25, 2002 — Gexa Energy Corp. announced today that effective March 1, 2002, Brenda Jenkins, the former executive director of the Public Utility Commission of the State of Texas, shall join the board of directors of Gexa Energy Corp.
Brenda Jenkins was appointed to the Texas Building Energy Institute by Governor Ann Richards and then to the Texas Defense Economic Adjustment Advisory Council by Governor George W. Bush. She was a member of the National Association of Regulatory Utilities Commission. Currently she is a consultant in Austin, Texas.
“Having Brenda on our board of directors gives the company new depth. She brings Gexa Energy unparalleled insight into the utilities business. She is a welcome compliment to the diverse skill set of our existing directors,” said Neil Leibman, chairman of the board.
About Gexa Energy: Gexa Energy was formed to prepare for electric competition, which began on a statewide basis in Texas on Jan. 1, 2002. The Company offers consumers in restructured retail energy markets competitive energy prices, pricing choices, improved customer friendly service and innovative products, services and specials. On Feb. 4, 2002, Gexa Energy announced an alliance with Aquila Inc. whereby Aquila shall provide financial credit to Gexa Energy to allow it greater buying power to more efficiently purchase electricity in the marketplace.
About Aquila Inc.: Based in Kansas City, Mo., Aquila is a wholesaler of natural gas, power and coal in North America and provider of risk management services. Aquila also provides wholesale energy and risk management services in the United Kingdom, Germany and Scandinavia. Aquila is wholly owned by Kansas City-based UtiliCorp United Inc., an international energy company.
At Sept. 30, 2001, UtiliCorp had total assets of $11.9 billion and 12-month sales of $42.3 billion, with 4 million customers across the U.S. and in Canada, the United Kingdom, New Zealand and Australia. Additional information is available at http://www.aquila.com.