Americas Power Partners Inc. Names Casten Chairman and CEO.

Business Editors

HINSDALE, Ill.--(BUSINESS WIRE)--Sept. 20, 2000

Americas Power Partners (APP), (OTCBB:APPN), announced that its Board of Directors elected Thomas R. Casten as Chairman of the Board and CEO. Mr. Casten entered into a multi-year employment agreement with the company.

Tom Casten has been active in alternate and independent power production since 1975. In 1986, he founded Trigen Energy Corporation, and took it public on the NYSE in 1994. He served as the President and CEO until January of 2000, when the company was taken private by its major shareholder. At that time, Trigen owned 51 power plants in 19 states, Mexico and Canada and provided steam, chilled water, electricity and other utility services under long-term contracts to government entities and industrial companies including Coors, Kodak, Boeing and General Motors.

David Pequet, co-founder and prior chairman of APP stated, "The hiring of Tom Casten marks the successful completion of the company's 12 month goal to put in place a seasoned world class management team. We are excited to have Tom bring his leadership and experience to APP. Tom saw that the future was in competitive power and outsourcing of complex energy services to specialist firms over 20 years ago. His deep technical and regulatory knowledge will help improve our value proposition to all customers and will draw the best from our team." Mr. Pequet will continue as a board member and active participant in APP.

From 1980 to 1986, Mr. Casten was President and CEO of Trigen's predecessor corporation, Cogeneration Development Corporation, and prior to that spent 11 years with Cummins Engine Company, where he established a business unit to combine generation of heat and power.

Mr. Casten served as president of the International District Energy Association in 1993-94 and was given a special award for his visionary leadership in 1998. Mr. Casten began his career as an engineer officer in the United States Marine Corps and served in Vietnam in 1966-67. Tom is a nationally recognized speaker on energy topics and his recently published book; Turning Off The Heat, Prometheus Press 1998, details how America could reduce energy costs and mitigate climate change. He is a Magna Cum Laude graduate of the University of Colorado with a bachelor's degree in economics and was valedictorian of his 1969 graduating class at the Columbia University MBA program.

The Private Securities Litigation Reform Act of 1995 provides a "safe-harbor" for forward-looking statements. Certain information included in this press release (as well as information included in oral statements or other written statements made by or to be made by the Company) contains statements that are forward-looking, such as statements relating to plans for future expansion. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future; and accordingly, such results may differ from those expressed in any forward-looking statement made by or on behalf of the Company. These risks and uncertainties include, but are not limited to, completion of definitive purchase agreements, ability to obtain needed capital, those relating to development activities, dependence on existing management, leverage and debt service, domestic or global economic conditions, and changes in customer preferences and attitudes. For more information, review the Company's filings with the Securities and Exchange Commission.