enXco, Indianapolis Power and Light Co. break ground on 205 MW wind project

San Diego, November 11, 2010 — enXco, an EDF Energies Nouvelles Co., and Indianapolis Power and Light Co. celebrated the construction phase of the 205.5 MW Lakefield Wind Project with a groundbreaking ceremony.

The renewable energy project is expected to be operational in the fall of 2011 bringing additional carbon-free electricity into the IPL generation portfolio as part of their effort to power the nearly 470,000 customers served by the utility.

Developed and owned by enXco, the Lakefield Wind Project spans an area of about 20,000 acres of farmland near Lakefield Minnesota in Jackson County.

It consists of 137 GE 1.5 MW turbines with the capacity to generate clean renewable energy for more than 68,000 homes. IPL will purchase the power generated under a 20-year power purchase agreement.

With the addition of the energy from the Lakefield project, IPL will now have about 7 percent of its generation portfolio for retail customers coming from wind resources.

Lakefield Wind Project represents enXco’s ninth wind project developed in Minnesota and also the largest wind energy project in Minnesota since enXco’s Fenton Wind Project in 2007. enXco Service Corp. will provide operations and maintenance services.

The Power Purchase Agreement received approval by the Indiana Utility Regulatory Commission in January 2010. The Minnesota Public Utility Commission approved the project on September 29, 2010.


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