Article: Nevada Power and Sierra Pacific Power Renamed NV Energy.

Sierra Pacific Resources to Seek Shareholder Approval for Same Corporate Name to Reflect Sharper Focus, Emphasis on Nevada

LAS VEGAS & RENO, Nev. -- Sierra Pacific Resources (NYSE: SRP) today announced that, effective immediately, the company's utilities, Nevada Power Company and Sierra Pacific Power Company, will do business under the name NV Energy.

The company also announced that it will seek shareholders' approval to amend its corporate charter to reflect a corporate name change from Sierra Pacific Resources to NV Energy, Inc. Subject to shareholders' approval, Sierra Pacific Resources would assume the NV Energy name at the time of such approval.

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