World Environment Center
Personal tools
Document Actions

William K. Reilly and Fred Krupp to Address Role of Private Equity Firms and Environmental Protection at WEC's Washington Sustainability Forum

WASHINGTON D.C.- October 10, 2007 - The World Environment Center (WEC) announced today that William K, Reilly, former Environmental Protection Agency Administrator and Senior Advisor to TPG Capital, and Fred Krupp, President of Environmental Defense, will jointly speak on "The Role of Private Equity Firms and Environmental Decision Making" at the National Press Club on October 15, 2007 from 3:00—5:00 p.m. Both individuals will address WEC's Washington Sustainability Forum, a non-profit discussion platform for advancing sustainable development among leaders of government, business, non-governmental organizations and other stakeholders.

As global environmental leaders, Mr. Reilly and Mr. Krupp are increasingly shaping the public debate over the role, responsibility and value of private equity sources of capital in acquisition and other investment decisions that have environmental and broader societal impacts. They played an instrumental role in the recent acquisition of TXU (Texas Utilities, Texas' largest electricity provider) by Kohlberg Kravis Roberts and Co. and TPG Capital in the historic decision to make far-reaching environmental commitments a major element of the purchase conditions. This is the first time Messrs. Reilly and Krupp will be speaking publicly in Washington about the TXU deal.

"Bill Reilly and Fred Krupp are two of the world's most influential voices reshaping the dialogue and redefining the rules by which business, environmental organizations and government are advancing sustainable development," stated Terry F. Yosie, WEC's President & CEO. "Their views make a difference in global capital markets and will impact future investment decisions."

Sponsorship of the Washington Sustainability Forum is provided by The Dow Chemical Company.

For more information, contact:

Iris Ovadiya

202-312-1211