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EDF Signs Framework Agreement To Operate Four Wind Farms In US

After Wall Lake (150 megawatts) in 2005, Pomeroy (123 megawatts) in 2006 and Goodnoe (94 megawatts) in 2007, enXco has now signed its fourth contract with MidAmerican Energy Holdings Company business platforms MidAmerican Energy and PacifiCorp.
by Staff Writers
Paris (SPX) Aug 01, 2007
EDF Energies Nouvelles has announced the signature of a five-year operations and maintenance contract with MidAmerican Energy Company. This contract covers four wind farms with 508.5 megawatts of total capacity or 339 wind turbines. The contract signed by enXco, the US subsidiary of EDF Energies Nouvelles, and MidAmerican Energy covers the management, operation and maintenance of four wind farms owned by the electricity company in the Midwest. Some of these facilities have been developed and built by enXco (the latest example being the 123-megawatt Pomeroy wind farm currently under construction and its 75-megawatt extension).

Its expertise in operations and maintenance (O and M) services has enabled EDF Energies Nouvelles to optimise and safeguard the long-term future of its production assets. This activity, which is carried out on behalf of third parties, is a source of additional recurring income. It complements electricity generation, the Group's core business, and the DSSA* business, which helps to finance the bulk of the Group's development costs.

The O&M business generates medium-term contracts and helps to offer a complete service-from the development to the management of wind farms-to US electricity companies wishing to own their power-generating facilities. It is one of the key strengths of enXco, which ranks number one in wind farm operations and maintenance services in the United States.

Development and sale of structured assets

EDF Energies Nouvelles Has Signed a Further Agreement with MidAmerican Energy Company in the United States Concerning a 75 MW Extension to the Pomeroy Wind Farm

EDF Energies Nouvelles has announced the signature of an agreement with MidAmerican Energy Company concerning the development and construction of a 75-megawatt wind farm in Iowa. This project, which will be carried out on behalf of the US electricity company, represents an extension to the 123-megawatt Pomeroy wind farm, construction of which was launched by enXco in June 2007.

The extension of the Pomeroy project, which will add 75 megawatts of capacity, will comprise 50 GE turbines, each with 1.5 megawatts of capacity. It will be built immediately after completion of the initial 123-megawatt wind farm, the development and construction of which were also entrusted by MidAmerican to enXco, EDF Energies Nouvelles' US subsidiary.

After Wall Lake (150 megawatts) in 2005, Pomeroy (123 megawatts) in 2006 and Goodnoe (94 megawatts) in 2007, enXco has now signed its fourth contract with MidAmerican Energy Holdings Company business platforms MidAmerican Energy and PacifiCorp.

This latest announcement comes hot on the heels of the June 2007 agreement with another US utility, Xcel Energy, covering the development and the construction of a 100-megawatt facility in Minnesota.

The development and construction of wind farms on behalf of third parties represent an integral part of EDF Energies Nouvelles' strategy. This Development and Sale of Structured Assets (DSSA) business is carried out in the United States to meet demand from utilities, who wish to own wind energy facilities. It generates revenue for the Group, which helps to cover the bulk of its development costs.

Founded in 1990, EDF Energies Nouvelles is a world-class player in the green electricity generation market, with gross installed capacity of 1,037 MW worldwide at 31 December 2006 (including net capacity of 770 MW), plus 615 MW in gross capacity under construction (including 401 MW net). With a presence in 9 European countries and in the United States, EDF Energies Nouvelles operates in four renewable energy segments (wind, hydro, biomass and solar). Wind energy currently accounts for nearly 80% of its installed capacity.

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FPL Energy Announces Expanded Growth Plan For Wind Business
Juno Beach FL (SPX) Aug 01, 2007
With growing support for clean and renewable wind energy and the need for new sources of power generation to meet increasing demand, FPL Energy, a subsidiary of FPL Group, and the U.S. leader in wind energy development and operations, announced an aggressive goal to add between 8,000 and 10,000 megawatts of new wind to its portfolio by the end of 2012.

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