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Brookhaven Energy Project Permit Application Ruled Complete by New York State Regulators.


Business Editors

LONDON--(BUSINESS WIRE)--Aug. 17, 2001

International Power plc (NYSE NYSE

See: New York Stock Exchange
:IPR IPR Intellectual Property Rights
IPR Inprocess/Inprogress Review
IPR Industrial Property Rights
IPR Institute for Policy Research (Northwestern University and University of Cincinnati)
IPR Institute of Public Relations
), one of the world's leading independent power producers, today announces that the New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 State Board on Electric Generation Siting and the Environment has accepted as complete its application to build the Brookhaven Energy Project on Long Island.

The Siting Board's decision marks the beginning of the State's formal review process, and is a key regulatory milestone for the 580-megawatt natural gas fired electric generating facility. The ruling kicks-off a yearlong review process that will involve public hearings.

For the complete announcement please visit www.ipplc.com

NOTES TO EDITORS

The Brookhaven Energy project is proposed for development on 28 acres of industrially zoned land just south of the Long Island Expressway at exit 66 and along the southeast corner of Sills Road in the Town of Brookhaven. When completed, the plant will provide enough energy to power over half a million homes. The project will also result in additional significant benefits to the region, including job creation and substantial tax benefits.

International Power plc is one of the world's leading independent electric generating companies with over 8,850 MW (net) in operation, 2,350 MW (net) under construction and approximately 8,000 MW (net) in advanced development. Among the countries where International Power has operating facilities are Australia, the United States, the United Kingdom, the Czech Republic, Portugal, Turkey, Malaysia, Pakistan, and Thailand. International Power was created from the demerger demerger n (Comm) → Abspaltung f, Demerger m  of National Power, and its shares began trading independently on the London Stock Exchange London Stock Exchange

London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses.
 and as ADRs on the New York Stock Exchange New York Stock Exchange (NYSE)

World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City.
 on 2 October 2000. The ticker symbol on both stock exchanges is "IPR".
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Aug 17, 2001
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