MMC Energy, Inc. Announces Forward Capacity Sales for its Mid-Sun Power Plant in California

New York (ots/PRNewswire) -

MMC Energy, Inc. (OTC Bulletin Board: MMCN) today announced that
it has executed a Resource Adequacy Contract with an investment-grade
power marketer to sell its Net Qualified Capacity from its 22
Megawatt Mid-Sun power plant located near Bakersfield, California
(the "Agreement").

With the execution of this contract, MMC has sold forward its
entire Net Qualified Resource Adequacy Capacity from its California
generation portfolio for 2007.

"We are pleased to execute this latest forward capacity sale at an
attractive price to complete our 2007 capacity hedging program," said
MMC's Chief Financial Officer, Denis Gagnon.

"MMC has retained its energy and ancillary services revenue
components for its California plants, which we expect will add
significant additional revenue streams during 2007," Gagnon added.

MMC recently announced the successful re-commissioning of its
Mid-Sun facility, which it acquired in November 2006. Mid-Sun can
reach base-load power output in less than 10 minutes to meet peak
load requirements, and is expected to provide critical energy and
ancillary services to the energy-scarce California market. The
facility is fueled with natural gas and has state of the art emission
control systems.

MMC announced in September 2006 the forward sale of Resource
Adequacy Capacity for 2007 for its Escondido and Chula Vista
facilities, and announced in January 2007 selling a significant
portion of its available capacity for the period from 2008-2011. MMC
is seeking additional Resource Adequacy contracts to cover the
remaining available capacity from 2008 through 2011. MMC has
previously announced its intention to upgrade the Chula Vista
facility to 93MW and a request for offers for a long term contract,
which may or may not include Resource Adequacy capacity.

About MMC Energy, Inc.

MMC Energy, Inc. is an energy acquisition company, which acquires
and operates critical power generation and associated energy
infrastructure assets. MMC Energy is headquartered in New York City
and traded on the NASDAQ OTC Bulletin Board in the United States and
the Deutsche Bourse in Germany.

MMC Energy seeks to create long-term value for its shareholders
through deep value asset acquisitions and hands on post-acquisition
asset management. MMC Energy currently owns power generation assets
in Southern California and is pursuing a disciplined portfolio
acquisition and growth strategy targeting power generation facilities
and energy infrastructure assets primarily in California, Texas,
Mid-Atlantic and the Northeastern U.S.

Additional information concerning MMC Energy is available at
www.mmcenergy.com

Forward Looking Statements: This press release contains
'forward-looking statements' within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the Securities
Exchange Act of 1934, including without limitation those statements
regarding the MMC Energy's ability to generate revenues from, or
expand, its existing generating facilities, and exploit acquisition
opportunities. These statements are expressed in good faith and based
upon a reasonable basis when made, but there can be no assurance that
these expectations will be achieved or accomplished. Although the
forward-looking statements in this release reflect the good faith
judgment of management, forward-looking statements are inherently
subject to known and unknown risks and uncertainties that may cause
actual results to be materially different from those discussed in
these forward-looking statements including, but no limited to, any
inability to generate sufficient operating cash flow to adequately
maintain MMC Energy's generating facilities and service its debt,
commodity pricing, intense competition for undervalued generating
assets, environmental risks and general economic conditions. Readers
are urged not to place undue reliance on these forward-looking
statements, which speak only as of the date of this release. MMC
Energy assumes no obligation to update any forward-looking statements
in order to reflect any event or circumstance that may arise after
the date of this release, other than as may be required by applicable
law or regulation. Readers are urged to carefully review and consider
the various disclosures made by MMC Energy in its reports filed with
the Securities and Exchange Commission which are intended to advise
interested parties of the risks and factors that may affect its
business, financial condition, results of operations and cash flows.
If one or more of these risks or uncertainties materialize, or if the
underlying assumptions prove incorrect, MMC Energy's actual results
may vary materially from those expected or projected. MMC Energy
undertakes no obligation to update these forward- looking statements,
except as required by law.

Web site: http://www.mmcenergy.com

ots Originaltext: MMC Energy, Inc.
Im Internet recherchierbar: http://www.presseportal.de

Contact:
Denis Gagnon, Chief Financial Officer of MMC Energy, Inc.,
+1-212-977-0900, dgagnon@mmcenergy.com


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