SALE OF 9,000 ACRES IN LAUGHLIN NEVADA
APPROVED BY CLARK COUNTY COMMISSION

The land to be sold to a Chinese-based energy
company is the next step for a multi-billion dollar
solar farm, factory and research park that could
could eventually create thousands of high paying
jobs.

With the land ENN Mojave Energy can now
negotiate purchase power agreements with
utilities needed to move the project forward.

Steve Sisolak, County Commissioner said
"I have been assured that the jobs created will
be Nevada jobs, not Arizona, California or
foreign jobs."

If ENN fails to meet the Nevada job standards
and other terms of the land agreement the
undeveloped land will revert back to Clark
County.

The terms include:

(1) Negotiating a power purchase agreement with
utilities within 18 months.
(2) Hiring 500 full time employees by the end of
2016.
(3) Investing at least 100 million by the end of 2014,
350 million by the end of 2016, and one billion by
the end of 2018.
(4) Completing 75 percent of the development
within 18 years and 11 months of the county's
approval.

Former U.S. Senator Richard Bryan, representing
ENN Energy, likens the project's scale and economic
impact to Hoover Dam, which in 1931 cost 51 million
and diversified the economy.

" In addition to the number of jobs critically needed
in the area, this project is unique because we are
talking about a manufacturing facility. Nevada has
very few manufacturing jobs and has this opportunity
for a multi-billion dollar investment in the state."

It is estimated that the project could create about
2,900 construction jobs and more than 2,200 permanent
high-paying jobs. "Thousands of Nevada families will
get the benefits of jobs created here over a long period
of time."

The green center project will cost between 4 and 6
billion to construct. The one million square foot
manufacturing facility would produce thin-film
photovoltaic solar panels with 6 production lines
which would produce as many as 5.4 solar panels
per year.

ENN was founded in 1989 and has locations in China,
California's Silicon Valley and Germany. It employs
about 25,000 people with more than 6 billion in assets.