PSEC – A Prospect Capital Fund

Prospect Provides Acquisition and Growth Financing to ESA Environmental

April 12, 2007

NEW YORK, NY – (MARKET WIRE) – 04/12/07 – Prospect Energy Corporation
(NASDAQ: PSEC) (“Prospect”) announced today that it has provided
acquisition and growth financing of approximately $12.2 million to ESA
Environmental Specialists, Inc. (&…