Ultralife Batteries (ULBI)/U.S. Energy Systems (USEY)

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U.S. Energy Systems, Inc., through its subsidiaries, owns and operates energy facilities producing electricity and energy alternatives to natural gas. The Company owns a 100% interest in U.S. Energy Biogas Corp. (USEB), which owns and operates 23 landfill gas to energy projects in the United States; a 79% interest in GBGH, LLC (GBGH), which owns energy assets and mineral rights in the United Kingdom, including a 42-megawatts, gas-fired power plant and gas licenses for approximately 100,000 acres of onshore natural gas properties, and a 100% interest in Plymouth Envirosystems, Inc., which owns a 50% interest in Plymouth Cogeneration Limited Partnership, which owns and operates a combined heat and power plant in Massachusetts that produces 1.2 megawatts of electricity and seven megawatts of heat at Plymouth State College, in Plymouth, New Hampshire. In November 2008, Ultralife Corp. acquired U.S. Energy Systems, Inc. and its services affiliate, U.S. Power Services, Inc.




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