JUNO BEACH, Fla., April 24, 2003 — FPL Energy, LLC, the unregulated wholesale generating subsidiary of FPL Group Inc., has announced it plans to build three new wind energy facilities in North Dakota, Oklahoma and Pennsylvania by the end of the year.
The new projects include:
* A 21-megawatt facility located near Kulm, N.D. Output will be provided to Otter Tail Power Company, with commercial operation expected by the end of 2003.
* A 51-megawatt facility located near Woodward, in northwest Oklahoma. Output will be provided to the Oklahoma Municipal Power Authority, with commercial operation expected by the end of 2003.
* A 63-megawatt facility located in Clinton and Canaan Township in northeast Pennsylvania. Output from the facility will be provided to Exelon Generation Company LLC. Exelon will market the green power to retail customers through a marketing arrangement with Community Energy, Inc. of Wayne, Pa. FPL Energy has signed a definitive agreement to purchase the project rights from Orion Energy LLC, of Oakland, Calif., and expects the transaction to close during the second quarter 2003. FPL Energy said it expects to reach commercial operation by the end of 2003.
The company also said it has a definitive agreement with Zilkha Renewable Energy LLC and Atlantic Renewable Ene
rgy Corp. to acquire 24 megawatts of wind assets in southwestern Pennsylvania. The facilities included in the transaction are the 15-megawatt Mill Run Wind Power facility and the 9-megawatt Somerset Wind Power facility. Both transactions are expected to close during the second quarter 2003. Output from these projects is and will continue to be sold to Exelon Generation Company LLC.
These projects are in addition to the 434 megawatts previously announced to be built in New Mexico, California, North Dakota and South Dakota.
“In the face of difficult market conditions, we continue to execute our strategy to profitably grow our wind generation business,” said Jim Robo, president of FPL Energy.
The company also said it expects to take delivery of more than 300 1.5-megawatt turbines in 2003 from GE Wind Energy which will be used to support FPL Energy’s wind energy growth.
“Having a supplier of wind turbines that can meet our aggressive construction and installation schedule is critical to the success of our wind development activities,” Robo said. “We’re pleased to work with a company that shares our commitment to quality, service and reliability.”
FPL Energy is the largest generator of electricity from wind turbines in the United States. The company currently owns and operates wind farms in 10 states with more than 1,700 megawatts of capacity. The company has announced projects representing nearly 600 megawatts of new wind capacity that will be operational by the end of 2003.
“Wind power is an important element of our nation’s move toward energy independence as we harness our natural resources for production of electricity. It is a clean, renewable source of energy,” Robo added.
FPL Energy is a national provider of wind energy, with 28 wind facilities in 10 states. FPL Energy is an independent producer of clean energy from natural gas, wind, solar, nuclear and hydroelectric. Wind power represents approximately 24 percent of the company’s portfolio, with more than 80 percent being fueled by renewable or clean-burning sources.
It has more than 80 facilities, with nearly 7,300 megawatts in operation. It is a subsidiary of FPL Group, Inc., nationally known as a high quality, efficient and customer-driven organization focused on energy-related products and services. Its sister subsidiary, Florida Power & Light Company, serves approximately 4 million customer accounts in Florida. Additional information is available on the Internet at www.FPLGroup.com, www.FPL.com and www.FPLEnergy.com.