PHILADELPHIA EAGLES ANNOUNCE PLAN TO POWER LINCOLN FINANCIAL FIELD WITH ONSITE, SELF-GENERATED RENEWABLE ENERGY

$30 million Investment in Wind Turbines, Solar Panels and Dual-Fuel Co-gen Plant To be Installed, Operated by SolarBlue

PHILADELPHIA, PA. November 18, 2010 /PRNewswire/ — The Philadelphia Eagles today announced a plan to power Lincoln Financial Field with a combination of onsite wind, solar and dual-fuel generated electricity, making it the world’s first major sports stadium to convert to self-generated renewable energy.

The Eagles have contracted with Orlando FL-based SolarBlue, a renewable energy and energy conservation company, to install approximately 80 20-foot spiral-shaped wind turbines on the top rim of the stadium, affix 2,500 solar panels on the stadium’s fašade, build a 7.6 megawatt onsite dual-fuel cogeneration plant and implement sophisticated monitoring and switching technology to operate the system.

Over the next year, SolarBlue will invest in excess of $30 million to build out the system, with a completion goal of September 2011. SolarBlue will maintain and operate the stadium’s power system for the next 20 years at a fixed percent annual price increase in electricity, saving the Eagles an estimated $60 million in energy costs.

The Eagles and SolarBlue estimate that over the 20-year horizon, the on-site energy sources at Lincoln Financial Field will provide 1.039 billion kilowatt hours of electricity — more than enough to supply the stadium’s power needs — enabling an estimated four megawatts of excess energy off-peak to be sold back to the local electric grid.

“The Philadelphia Eagles are proud to take this vital step towards energy independence from fossil fuels by powering Lincoln Financial Field with wind, solar and dual-fuel energy sources,” said team owner and chief executive officer, Jeffrey Lurie. “This commitment builds upon our comprehensive environmental sustainability program, which includes energy and water conservation, waste reduction, recycling, composting, toxic chemical avoidance and reforestation. It underscores our strong belief that environmentally sensitive policies are consistent with sound business practices.”

Added Eagles owner Christina Lurie, “We believe the iconic stature and universal appeal of professional sports can become a powerful, visible, motivating example of how renewable energy sources can replace fossil fuels and create a cleaner, sustainable environment for people everywhere.”

Against a backdrop of trees symbolizing the Eagles’ commitment to reforestation, the Luries invited special guests to join them in signing the Go Green! Team’s Declaration of Energy Independence, which “seeks to create a better living environment by reducing the world’s dependence on fossil fuels.”

The greening of Lincoln Financial Field is a significant step by a major sports franchise to achieve that goal. The energy to be generated by on-site renewable sources is comparable to the annual electricity usage of 26,000 homes. Engineers at Solar Blue estimate that converting the stadium to renewable energy will eliminate CO2 emissions equivalent to 500,000 barrels of oil or 24 million gallons of gasoline consumed annually. That equates to removing the carbon emissions of 41,000 cars each year.

“The Eagles’ plan for Lincoln Financial Field represents one of the most extensive renewable energy commitments by any major facility,” said Lee Maher, Chairman and CEO, SolarBlue. “The energy plan will utilize the most technologically advanced wind turbines and solar panels. With this installation, we anticipate that many businesses will see the benefits of renewable energy and be inspired to emulate the Eagles’ bold leadership.”

Beyond the substantial environmental advantages, the Eagles’ renewable energy plan will create hundreds of jobs for the Philadelphia area. SolarBlue anticipates directly employing 200 local people during the year-long design and installation phase. One-quarter of these jobs will be permanently maintained over the 20-year operational horizon. In addition, the project will generate approximately 600 indirect jobs in the surrounding region as a result of Solar Blue’s commitment to utilize local contractors, vendors and suppliers, as available.

Philadelphia Mayor Michael Nutter stated, “The Philadelphia Eagles have been great corporate citizens for many years, most specifically working with disadvantaged youth throughout the City. But we also know the Eagles to be green; they don’t just wear green, they sincerely believe in the concept of responsible environmental stewardship. We appreciate their commitment to an issue that is at the core of the City’s Greenworks Philadelphia Plan, to become the Greenest City in America. Today’s announcement will help reduce the City’s carbon footprint, create hundreds of much needed green jobs and put our City on the world stage. This type of forward thinking will serve as an excellent example to every organization that wants to play a role in strengthening our local economy while helping the environment.”

NFL Commissioner Roger Goodell stated, “With this ground-breaking initiative, the Eagles are taking another significant step forward in their commitment to environmental responsibility and to their community. The work of the Eagles’ Go Green! initiative in raising environmental awareness and implementing green programs is a tribute to the leadership of the organization. The NFL is proud to support the Eagles and Christina and Jeffrey Lurie as they set the right example for all of sports.”

About The Philadelphia Eagles

The Philadelphia Eagles are members of the NFC East division of the National Football League (NFL). Under its current leadership, the team has become known as one of the most aggressive as well as progressive organizations in professional sports. Off the field the Eagles are recognized as a leader in community outreach having founded the Eagles Youth Partnership, one of professional sports’ most innovative charitable foundations, and Go Green, the team’s comprehensive environmental initiative. For more information visit the Eagles website at www.PhiladelphiaEagles.com.

About SolarBlue

SolarBlue, LLC develops comprehensive energy reduction programs for clients in the industrial, commercial, sports, entertainment and government sectors. The Company focuses on energy conservation, energy efficient technology, renewable energy and clean power generation. SolarBlue offers turnkey energy solutions that allow clients to reduce energy consumption and realize significant cost savings. SolarBlue is headquartered in Orlando, FL, with offices in Philadelphia, PA. For more information visit: www.SolarBlue.com