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ICF Launches New Independent Engineering/Owners Engineer Practice

Carol Babb joins newly formed team to offer IE/OE services to ICF financial, developer, and power operator clients.

Fairfax, VA | September 27, 2016

ICF, a consulting and technology services provider to government and commercial clients around the world, has named Carol Babb as vice president and managing director of a newly created independent engineering and owners engineering (IE/OE) services team for renewable and thermal generation.

ICF is also welcoming several key members to its IE/OE team. They include Peter Ruestman, who will lead efforts in thermal engineering; Heidi Larson, who will lead the renewable energy team; Mark Reusser, who will lead ICF’s solar energy team; and Paul Paxson who will be leading operation and maintenance (O&M). Drawing on ICF’s existing permitting and environmental compliance expertise, Ms. Babb will lead a team of approximately 25 individuals focused on providing comprehensive IE/OE services.

“Around the world, energy markets are experiencing a tectonic shift in the economics of power markets with increasing emphasis on renewables and natural gas generation,” said Erik Olbeter, senior vice president for ICF. “Combined with our industry-leading market due diligence, environmental policy and planning services, our IE/OE practice will help investors, developers, owner/operators, and regulators make capital asset deployment decisions with greater confidence.”

Ms. Babb will lead a team of full-time experts who have a combined 370 years’ experience in all technical aspects of IE, technology due diligence, and OE services. The offering has world-class expertise and experience providing IE and OE services across all generation and alternative energy technology types, including photovoltaic (PV) solar, concentrated solar, combined cycle gas turbine facilities, simple cycle gas turbine facilities, biomass, biofuels, waste to energy, landfill gas and other renewable and conventional technologies. The team will also support the company’s expansion into distributed energy resources (DER) and generation by helping utilities, independent power producers, co-ops and municipal power providers understand the impacts DER and generation technologies will have on their networks. The team’s establishment is an effort to plan for a greater and more efficient deployment of distributed resources and generating technologies within their systems.

Ms. Babb brings more than 35 years of experience with a strong focus on providing engineering due diligence and advice to financiers, developers, and government clients investing in renewable energy projects and new technologies. She is one of the world’s most respected authorities on biomass and biofuels engineering, having performed assessments of new technologies, processes, and plants around the world. Under Ms. Babb’s management her team has provided OE and IE oversight on over 8 gigawatts of solar and hydro power projects worldwide representing several billions of dollars in capital investment over the last 7 years. In addition to her renewable energy expertise, Ms. Babb has an extensive design background in oil and gas, biopharmaceuticals and pulp and paper capital projects.

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About ICF

ICF (NASDAQ:ICFI) is a global consulting and technology services provider with more than 5,000 professionals focused on making big things possible for our clients. We are business analysts, policy specialists, technologists, researchers, digital strategists, social scientists and creatives. Since 1969, government and commercial clients have worked with ICF to overcome their toughest challenges on issues that matter profoundly to their success. Come engage with us at icf.com.

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Statements that are not historical facts and involve known and unknown risks and uncertainties are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Such statements may concern our current expectations about our future results, plans, operations and prospects and involve certain risks, including those related to the government contracting industry generally; our particular business, including our dependence on contracts with U.S. federal government agencies; and our ability to acquire and successfully integrate businesses. These and other factors that could cause our actual results to differ from those indicated in forward-looking statements are included in the "Risk Factors" section of our securities filings with the Securities and Exchange Commission. The forward-looking statements included herein are only made as of the date hereof, and we specifically disclaim any obligation to update these statements in the future.

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