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DULLES TOWN CENTER TO DEBUT LOUDOUN COUNTY’S FIRST ELECTRIC VEHICLE FAST CHARGING STATION

DULLES TOWN CENTER TO DEBUT LOUDOUN COUNTY’S FIRST ELECTRIC VEHICLE FAST CHARGING STATION IN PARTNERSHIP WITH NRG ENERGY / EVGO

DULLES, VA — April 08, 2013— Dulles Town Center, Loudoun County’s destination for  shopping,  dining and entertainment, is excited to announce that it has entered into an agreement with eVgo ® (ee-vee-go), a subsidiary of NRG Energy, to install the first electric vehicle fast charging station in Loudoun County at Dulles Town Center. In addition to offering a 240-volt “Level 2” charger that is capable of charging any vehicle with a plug, the eVgo Freedom Station® will feature a 50-kilowatt direct current (DC) fast charger.  By charging an electric vehicle (EV) at an exceptionally fast rate of 150 miles of range per hour, the DC fast charger gives EV drivers the convenience they need to quickly charge their vehicles and revolutionizes the way people drive electric cars. The eVgo Freedom Station will be located near The Cheesecake Factory, Dick’s Sporting Goods and LA|Fitness.  Construction has commenced and the charging station projected to open in May. 

“Dulles Town Center is proud to partner with NRG Energy and eVgo to debut Loudoun County’s first rapid charging EV station that is available to shoppers,” stated Alan H. Gottlieb, Chief Operating Officer of Lerner.  “The new eVgo Freedom Station at Dulles Town Center will provide electric vehicle owners the freedom and flexibility to enjoy the County’s premier shopping, dining and entertainment destination as their vehicles charge,” he added.

“Forward thinking companies like Lerner contribute to a healthier planet and a greener Loudoun County,” said Michael Krauthamer, eVgo Director of the Mid-Atlantic region. “This Freedom Station will enable drivers of zero and low emission vehicles to use little or no gasoline while visiting the premier retailers at Dulles Town Center.  We’re building Freedom Station sites with DC fast chargers strategically around the region to give EV drivers range confidence and to revolutionize the way they experience electric car charging.”

eVgo is creating the nation’s first privately funded, comprehensive electric vehicle ecosystem.  eVgo provides charging solutions directly to EV owners as well as businesses looking to serve the EV charging needs of their residents, tenants, employees or customers.  Service plans offered by eVgo enable EV owners to avoid paying large up-front costs for a charger and provide unlimited charging at Freedom Station sites for one low monthly fee.

eVgo is part of NRG Energy Inc., a Fortune 300 company at the forefront of changing how people think about and use energy. Through eVgo, NRG’s investment of approximately $150 million in EV charging infrastructure will provide EV drivers with access to hundreds of public fast-charging Freedom Station sites along with Level 2 charging stations at homes, offices, multi-family communities, schools and hospitals across Texas, California and the greater Washington, D.C. area. 

About Dulles Town Center
Dulles Town Center (DullesTownCenter.com) is a 554-acre master planned commercial, residential, retail and office park in Dulles, Virginia.  Within the planned development is the super-regional Dulles Town Center mall (ShopDullesTownCenter.com), the largest shopping and dining destination in Loudoun County, Virginia.  The center is comprised of approximately 1.4 million square feet of retail space that includes anchors Nordstrom, Macy’s, Lord & Taylor, JC Penney and Sears.  The two-level super-regional center includes a dominant retail mix of highly desired retailers and restaurants including P. F. Chang’s China Bistro, The Cheesecake Factory, Ann Taylor, Banana Republic, Teavana, Bare Escentuals, Swarovski, Caché, Hollister, LOFT, Abercrombie & Fitch, Francesca’s Collections, Dick’s Sporting Goods, LOFT in addition to approximately 185 specialty stores and restaurants.  A new state-of-the art Regal Stadium 10 & RPX® Theaters is projected to open early 2014.  The mall is located at the intersection of Virginia Routes 7 and 28 in Dulles, Virginia, five miles from Washington Dulles International Airport in Loudoun County – the richest county in the nation according to Forbes Magazine.   

About Lerner Enterprises
Lerner Enterprises (Lerner.com) of Rockville, Maryland, founded by Theodore N. Lerner in 1952, is Washington, D.C.´s largest private real estate developer and is involved in all phases of commercial, residential, retail, hotel and mixed-use real estate.  This includes planning, development, construction, leasing, asset and property management.  Lerner has developed and currently manages more than 20 million square feet of office buildings, retail centers and residential communities.  Lerner´s retail portfolio includes such notable assets as Dulles Town Center  (ShopDullesTownCenter.com), Dulles, VA; Fallsgrove Village Center (FallsgroveVillageCtr.com), Rockville, MD; Dulles 28 Centre (Dulles28Centre.com), Dulles, VA; Annapolis Harbour Center (AnnapolisHarbourCenter.com), Annapolis, MD; North Point Village Center (NorthPointVillage.com) and The Spectrum at Reston Town Center (TheSpectrumatRTC.com), both in Reston, VA; among many others.  Lerner was also the original developer of Tysons Corner Center and Tysons Galleria in Tysons Corner, VA; and Wheaton Plaza in Wheaton, MD.

About NRG
NRG is at the forefront of changing how people think about and use energy. A Fortune 300 company based in Princeton, NJ, NRG is a pioneer in developing cleaner and smarter energy choices for our customers: whether as one of the largest solar power developers in the country, or by building the first privately funded electric vehicle charging infrastructure or by giving customers the latest smart energy solutions to better manage their energy use. NRG’s diverse power generating facilities can support more than 20 million homes and its retail electricity providers—Reliant, Green Mountain Energy Company and Energy Plus—serve more than two million customers. More information is available at www.nrgenergy.com. Connect with NRG Energy on Facebook and follow us on Twitter @nrgenergy.

About eVgo
eVgo is creating the nation’s first privately funded, comprehensive electric vehicle ecosystem. The eVgo network gives EV owners new freedom and range confidence via home charging and fast charging stations conveniently located at major retailers, employers and along highways across eVgo cities. Service plans offered by eVgo allow EV owners to avoid paying large up-front costs for home chargers and provide unlimited use of the eVgo network of Freedom Station ® sites —all for one low monthly fee. To find out more, or to join the eVgo network, visit www.eVgoNetwork.com. Connect with eVgo on Facebook and follow us on Twitter @evgonetwork.

Safe Harbor Disclosure
This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements are subject to certain risks, uncertainties and assumptions and include NRG’s expectations regarding the Company’s electric vehicle infrastructure business and forward-looking statements typically can be identified by the use of words such as “will,” “expect,” “believe,” and similar terms. Although NRG believes that its expectations are reasonable, it can give no assurance that these expectations will prove to have been correct, and actual results may vary materially. Factors that could cause actual results to differ materially from those contemplated above include, among others, general economic conditions, hazards customary in the power industry, competition in wholesale power markets, the volatility of energy and fuel prices, failure of customers to perform under contracts, changes in the wholesale power markets, changes in government regulation of markets and of environmental emissions, and our ability to achieve the expected benefits and timing of our electric vehicle projects. NRG undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The foregoing review of factors that could cause NRG’s actual results to differ materially from those contemplated in the forward-looking statements included in this news release should be considered in connection with information regarding risks and uncertainties that may affect NRG’s future results included in NRG’s filings with the Securities and Exchange Commission at www.sec.gov.

Contact:
DULLES TOWN CENTER MARKETING - 703.404.7100


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