Integrated Asset Management Corp. TSX: IAM

TORONTO, ONTARIO--(Marketwire - Oct. 24, 2008) - Integrated Asset Management Corp. (TSX:IAM) ("IAM") and its private corporate debt group, Integrated Private Debt Corp.("IPD") announce completion of a $24.6 million financing for Enpower Green Energy Generation L.P ("Enpower"). Enpower is a partnership jointly owned by Pristine Power Inc. (TSX:PPX) ("Pristine"), CFI Infrastructure Opportunities, L.P.("CFI") and ENMAX Green Power Inc.("Enmax").

Pristine is in the business of developing, owning and operating independent power plants that produce and sell electricity and in some cases, process steam to users. Pristine currently has two projects in operation, one under construction and one under contract in advanced development.

ENMAX Corporation, through subsidiaries and predecessors, provides electricity, natural gas and value-added services to more than half a million customers. Through a subsidiary, ENMAX Green Power Inc., ENMAX Energy Corporation is one of Alberta's largest investors in renewable energy.

CFI, which is managed by CFI Capital, invests in mid-market infrastructure projects across Canada.

IPD funded a fixed-rate, 10-year non-recourse loan through Toronto-based Corpfinance International Limited, parent company of CFI Capital, which arranged and underwrote the loan. Enpower applied the loan proceeds to its two 5 MW Enpower projects in British Columbia, at Savona and 150 Mile House.

John Robertson, President of IPD, said "Despite the turmoil in capital markets, this transaction clearly shows that there are attractive opportunities available in infrastructure debt. We are pleased to support Enpower and look forward to their continued growth."

IPD manages and provides funding from the $1.0 billion Integrated Private Debt Fund LPs on behalf of a number of pension funds and other institutional investors. IPD offers fixed rate, investment grade term loans to mid-market companies for such purposes as refinancing existing debt, plant expansion or modernization, project financing and management buyouts.

IAM is Canada's leading alternative asset management company, with approximately $3.5 billion in assets and committed capital under management in private debt, private equity, managed futures, real estate and retail alternative investments.