Vogt Power to Supply Equipment for Northeast Power Plant

October 21, 2008

Danvers, MA – Vogt Power International Inc. (VPI), located in Louisville, KY, a subsidiary of Babcock Power Inc., based in Danvers, MA, announced today that it has received an order to supply the Heat Recovery Steam Generators (HRSG) for Conectiv Energy’s Delta Power Plant near Delta, Pennsylvania. The plant will generate a nominal 545 MW of electricity using state of the art, environmentally friendly technology.

Vogt Power will supply three; two pressure level HRSGs with emissions equipment consisting of Selective Catalytic Reduction (SCR) systems. The SCR systems will allow the plant to meet strict state emissions guidelines by reducing nitrogen oxides which contribute to the formation of urban ozone. The plant will have a dual fuel capability, consuming either natural gas or ultra low-sulfur fuel oil.

“This latest order brings the total number of Vogt HRSGs in Conectiv Energy’s fleet to 15 units in a span of 17 years and as such exemplifies Vogt Power’s desire to provide unparalleled customer satisfaction” commented Mike LeClair, President of Vogt Power International. “Our products and services support Conectiv’s efforts to provide the marketplace with a clean, efficient and reliable energy source” he stated.

Conectiv Energy (www.conectiv.com) is the competitive wholesale subsidiary of Pepco Holdings Inc. (NYSE: POM). The company is an asset-backed merchant energy business using risk management tools, regional expertise and intellectual capital to optimize the value of its energy portfolio in the wholesale energy marketplace.

Babcock Power Inc., (www.babcockpower.com) through its subsidiaries, is one of the world’s leading suppliers of technology, equipment, and services to the power generation industry. Babcock Power subsidiary companies include; Vogt Power International (Louisville, KY), Thermal Engineering International (USA) Inc. (Santa Fe Springs, CA), Babcock Power Environmental, Riley Power Inc. and Babcock Power Services (Worcester, MA), Boiler Tube Company of America (Lyman, SC), and TEi Construction Services, Inc. (Duncan, SC).