Blue Earth Acquires Kenmont Solutions Capital GP, LLC and Donald R. Kendall, Jr. Becomes CEO of Blue Earth Capital, Inc.

HENDERSON, NV--(Marketwired - February 05, 2014) - Blue Earth, Inc. (OTCQB: BBLU) a renewable energy and energy efficiency services company, announced today that it has closed on the acquisition of Kenmont Solutions Capital GP, LLC ("Kenmont Solutions"), a capital formation entity, for 1.75 million shares and other consideration. Donald R. Kendall, Jr. also becomes the CEO/President of Blue Earth Capital, Inc. As CEO/President, Mr. Kendall will focus on sourcing equity and debt capital for the Company's combined heat and power ("CHP") or cogeneration projects, solar PV projects and energy efficiency projects. The capital formation entity will also source capital for strategic acquisitions and joint development opportunities.

Donald R. Kendall, Jr., is the founding Managing Director and the Chief Executive Officer of Kenmont Solutions, an investment management firm specializing in alternative investments and private equity. He also serves as a director of American Midstream Partners, LP, Solar City Corporation, Stream Energy and Tangent Energy Solutions, Inc.

Mr. Kendall utilized his extensive background in the power, energy and clean energy industries overseeing event driven, distressed, capital structure arbitrage and private equity investments in these sectors for Carlson Capital, L.P., while overseeing Kenmont Solutions private equity and venture capital fund of funds.

From 1993 to 1998, Mr. Kendall was President of Cogen Technologies Capital Company, L.P. ("Cogen"). His responsibilities included acquisitions, domestic and international project development, project and corporate financings, asset management, strategic planning and the initiation of Cogen's planned reorganization, initial public offering and ultimate sale for $1.1 billion. Cogen developed, constructed, financed and/or acquired over 1,250 MW of power projects and completed over $1.5 billion of financings.

Previously Mr. Kendall ran project finance and leasing groups at Credit Suisse First Boston, Drexel Burnham and Morgan Stanley. Mr. Kendall's activities concentrated heavily in the energy, alternative energy and clean fuel technologies, transportation and other heavily capital intensive industries. Mr. Kendall also established and managed private equity programs including one focused on hard assets (power plants, steel mills, auto manufacturing facilities, coal handling facilities, aircraft, and vessels, etc.) that exceeded $1.5 billion.