GRAPEVINE, Texas, Jan. 2 /PRNewswire-FirstCall/ -- GreenHunter Energy, Inc., a renewable energy company that is focused on developing a portfolio of clean energy assets including the country's largest biodiesel refinery located in Houston, Texas, wind energy projects located in Montana, New Mexico, and California and a biomass power plant located in El Centro, California, announced today that the American Stock Exchange (AMEX) has approved the company's application for listing of its common stock. GreenHunter Energy's shares begin trading today on AMEX under the ticker symbol "GRH". "We are pleased to have successfully met all of the listing requirements for AMEX," said Gary C. Evans, Chairman and CEO of GreenHunter Energy. "As we continue to expand our portfolio of renewable energy assets, GreenHunter shareholders will greatly benefit from the increased investor visibility that comes with trading on the AMEX. Our capital needs to fund our future growth will undoubtedly expand with the successful implementation of our business plan during 2008 and beyond. Having a listed security will significantly broaden our financing options with many investment banking institutions on Wall Street." About GreenHunter Energy GreenHunter Energy is focused on the renewable energy sectors of wind, hydro, solar, biofuels, and biomass power plants. Our assets consist of leases of real property for future development of wind energy projects located in Montana, New Mexico and California, a former waste oil and chemical refinery currently being converted to the nation's largest biodiesel refinery located in Houston, Texas, and a biomass power plant located in El Centro, California. Headquartered in Grapevine, Texas, GreenHunter Energy was formed to be the first publicly traded renewable energy company based in the U.S. that provides to investors a portfolio of diversified assets in the alternative energy sector. Additional information about GreenHunter Energy may be found at http://www.greenhunterenergy.com/. Forward-Looking Statements Any statements in this press release about future expectations and prospects for GreenHunter Energy and its business and other statements containing the words "believes", "anticipates", "plans", "expects", "will" and similar expressions constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including the substantial capital expenditures required to fund its operations, the ability of the Company to implement its business plan, government regulation and competition. GreenHunter Energy undertakes no obligation to update these forward-looking statements in the future. DATASOURCE: GreenHunter Energy, Inc. CONTACT: Gary C. Evans of GreenHunter Energy, Inc., +1-972-410-1044, Web site: http://www.greenhunterenergy.com/

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