Exhibit 99



                                                               November 26, 2007

For Release:   Immediately
Contact:       Investors:    Stacey A. Renner, (845) 486-5730
               News Media:   Denise D. VanBuren, (845) 471-8323


                 CH Energy Group Subsidiary to Build and Operate
                   Renewable Energy Plant in Upstate New York

(Poughkeepsie,  NY) A  special  purpose  subsidiary  of CH  Energy  Group,  Inc.
(NYSE:CHG), CH-Auburn Energy, LLC, has entered into a 15-year contract to supply
the City of Auburn,  located in Cayuga County,  New York,  with a portion of its
electricity needs by constructing and operating a 3-megawatt electric generating
plant in Auburn that will use renewable  energy from the municipal  landfill and
wastewater  treatment  plant.  CH-Auburn  will invest up to $9.75 million in the
project,  which will include an anaerobic  digester to convert wastewater sludge
into  usable gas for  electric  generation  and the sale of  resulting  low-cost
electricity to the city.

      The electric  generating  plant will provide  enough  renewable  energy to
serve 2,500 homes.  The contract  will provide the city with energy  savings and
economic  development  benefits  through lower electric rates. At the end of the
15-year contract, the city will have the opportunity to acquire the plant.

      "Officials  with the City of Auburn  have  demonstrated  they are  forward
thinking when it comes to meeting  their energy  needs,  and we're excited about
partnering with them. This investment  expands upon our growing renewable energy
portfolio,  which already  includes  ethanol,  wind energy and a biomass plant,"
said  Steven V. Lant,  Chairman  of the  Board,  President  and Chief  Executive
Officer of CH Energy Group, Inc.



"We're also  delighted to work with ECO  Technology  Solutions,  LLC,  which has
consulted with CH-Auburn and the city to create this unique opportunity."

      The plant is slated for  construction  next spring,  and is anticipated to
become  operational  in late 2008. It will be located  adjacent to the municipal
wastewater  treatment  plant and landfill,  near a technology and business park.
Auburn is located about 30 miles west of Syracuse, New York.

About CH Energy Group, Inc.

With nearly 475,000  customers,  CH Energy Group,  Inc. is a family of companies
seizing  new  opportunities  in  the  energy  marketplace  through  two  primary
subsidiaries:   Central  Hudson  Gas  &  Electric  Corporation  is  a  regulated
transmission and distribution utility serving approximately 371,000 customers in
eight  counties of New York State's  Mid-Hudson  River  Valley,  and  delivering
natural  gas and  electricity  in a  2,600-square-mile  service  territory  that
extends  north from the  suburbs of  metropolitan  New York City to the  Capital
District at Albany.  Central Hudson  Enterprises  Corporation,  a  non-regulated
subsidiary,  is the  umbrella  for a  family  of  energy-related  companies  and
investments  focused  primarily  on  fuel  distribution  and  renewable  energy.
Griffith Energy Service's fuel  distribution  business  supplies energy products
and services to approximately 102,000 customers in nine states,  stretching from
Rhode  Island  to the  Washington,  D.C.  area.  CHEC  also has  interests  in a
Lexington,  Neb., ethanol plant, two wind power projects, and a biomass plant in
upstate New York.

                                      # # #


Forward-Looking Statements -

Statements  included in this News  Release  and any  documents  incorporated  by
reference  which are not historical in nature are intended to be, and are hereby
identified  as,  "forward-looking  statements"  for  purposes of the safe harbor
provided by Section 21E of the Exchange Act.  Forward-looking  statements may be
identified by words including "anticipates," "intends," "estimates," "believes,"
"projects,"  "expects," "plans,"  "assumes,"  "seeks," and similar  expressions.
Forward-looking statements including,  without limitation,  those relating to CH
Energy  Group  and  its  subsidiaries'  future  business  prospects,   revenues,
proceeds,  working  capital,  liquidity,  income,  and  margins,  are subject to
certain  risks and  uncertainties  that  could  cause  actual  results to differ
materially  from  those  indicated  in the  forward-looking  statements,  due to
several important  factors,  including those identified from time-to-time in the
forward-looking  statements.  Those  factors  include,  but are not  limited to:
weather;  fuel prices; corn and ethanol prices;  plant capacity factors;  energy
supply and demand;  interest rates; potential future acquisitions;  developments
in the  legislative,  regulatory,  and  competitive  environment;  market risks;
electric and natural gas industry  restructuring and cost recovery;  the ability
to obtain  adequate  and timely  rate  relief;  changes in fuel  supply or costs
including future market prices for energy, capacity, and ancillary services; the
success of strategies to satisfy electricity, natural gas, fuel oil, and propane
requirements;  the  outcome  of pending  litigation  and  certain  environmental
matters,  particularly the status of inactive hazardous waste disposal sites and
waste site remediation requirements; and certain presently unknown or unforeseen
factors,  including,  but not limited to, acts of terrorism. CH Energy Group and
its subsidiaries' undertake no obligation to update publicly any forward-looking
statements, whether as a result of new information, future events, or otherwise.
Given  these  uncertainties,   undue  reliance  should  not  be  placed  on  the
forward-looking statements.