LAS VEGAS, Jan. 12 /PRNewswire-FirstCall/ -- Sierra Pacific Resources
(NYSE: SRP) today announced that Paul J. Kaleta has been elected senior vice
president, general counsel and corporate secretary and will be joining the
company on February 1, 2006.
Kaleta, 50, most recently was with Koch Industries, Inc., of Wichita,
Kansas, one of the largest privately-held corporations in the United States.
During his seven years at Koch, he held a variety of positions which included
general counsel for the parent company and a number of subsidiaries in Koch's
multi-faceted organization. His activities included legal issues involving
refining and petrochemicals, several pipelines (including FERC-regulated
natural gas pipelines), electric and gas trading, as well as other legal,
compliance and financial matters.
Prior to joining Koch, Kaleta was vice president and general counsel of
Niagara Mohawk Power Corporation in Syracuse, New York, where for six years he
oversaw all legal matters related to this New York Stock Exchange-listed gas
and electric utility.
"Paul Kaleta brings an exceptional legal background and experience
covering a broad spectrum of industries and disciplines," said Walter Higgins,
chairman and chief executive officer of Sierra Pacific Resources. "He is a
strong addition to our senior management team as our company continues to move
forward."
Kaleta also was a partner and associate in the Washington, D.C. law firm
of Swidler & Berlin, Chtd, (1985-1991), as well as an associate in the
Washington, D.C. office of Skadden, Arps, Slate, Meagher & Flom (1982-1984).
He holds a J.D. (cum laude) from the Georgetown University Law Center (1981).
He did his undergraduate work at Hamilton College in Clinton, NY, earning an
A.B. degree (cum laude) in 1978.
Kaleta will be headquartered in Las Vegas, reporting to Walter Higgins.
He also will maintain an office in Reno, NV. He and his wife, Kathy, and
their three children will reside in the Las Vegas area.
Headquartered in Nevada, Sierra Pacific Resources is a holding company
whose principal subsidiaries are Nevada Power Company, the electric utility
for most of southern Nevada, and Sierra Pacific Power Company, the electric
utility for most of northern Nevada and the Lake Tahoe area of California.
Sierra Pacific Power Company also distributes natural gas in the Reno-Sparks
area of northern Nevada. Other subsidiaries include the Tuscarora Gas
Pipeline Company, which owns 50 percent interest in an interstate natural gas
transmission partnership and several unregulated energy services companies.
SOURCE Sierra Pacific Resources
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CONTACT: Media, Sonya Headen, +1-702-367-5222, or Analysts, Britta Carlson, +1-702-367-5624, both of Sierra Pacific Resources
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