FPL Energy Enhances Its Industry Leading Wind Energy Portfolio.

Business Editors

JUNO BEACH, Fla.--(BUSINESS WIRE)--Oct. 21, 2002

FPL Energy, LLC, a subsidiary of FPL Group (NYSE:FPL) and the nation's largest producer of wind energy, today said it is in the process of adding approximately 600 megawatts (MW) to its existing wind energy portfolio through the addition of new facilities in New Mexico, California, Iowa, West Virginia and the Dakotas.

The new energy centers include:

-- New Mexico Wind Energy Center, a 204 MW facility located in eastern New Mexico. Output will be sold to Public Service Company of New Mexico, with commercial operation expected in 2003.

-- High Winds Energy Center, a 150 MW facility located in northern California. Output will be sold to PacifiCorp Power Marketing Inc., with commercial operation expected during the summer 2003.

-- North Dakota Wind Energy Center and South Dakota Wind Energy Center, a combined 80 MW of wind generation, with 40 MW in each of the Dakotas. Output will be sold to Basin Electric Power Cooperative, with commercial operation of both projects expected by the end of 2003.

-- Hancock County Wind Energy Center is a 98 MW facility located in northern Iowa. Output will be sold to Interstate Power and Light Company, a wholly-owned subsidiary of Alliant Energy Corporation, and several local cooperatives and municipalities, with commercial operation expected by the end of 2002.

-- Mountaineer Wind Energy Center is a 66 MW facility located in northern West Virginia. Output from the facility will be sold to Exelon Power team, with commercial operation expected by the end of 2002.

"Today's announcement signifies further progress on our strategy to profitably expand our generation portfolio through the addition of wind power facilities. We will continue to look for opportunities to expand our wind portfolio to meet the growing demand for clean, renewable energy across the country," said Jim Robo, president of FPL Energy.

In addition to the development projects, earlier this year, the company acquired 123 MW of wind assets located in Texas and Pennsylvania from National Wind Power. The company also expects to complete a 37 MW expansion of its Stateline Clean Energy Center, located on the Washington-Oregon border, during the fourth quarter 2002. Output from this facility will be sold to PacifiCorp Power Marketing, bringing the total output of the facility to 300 MW.

FPL Energy is the nation's leader in wind energy, with 26 wind facilities in operation in nine states. The company is also a leading independent producer of clean energy from natural gas, solar energy and hydroelectric power, generating more than 80 percent of its power from clean and renewable sources. It has a total of 78 facilities, with nearly 5,500 megawatts of capacity in operation in 15 states. 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. Additional information is available on the Internet at http://www.fplgroup.com, http://www.fpl.com, and http://www.fplenergy.com.

Note to Editors: High-resolution logos and executive head shots are available for download at http://www.fpl.com/news/contents/logos.shtml.