Project Development, Wind Power

PPM Energy Commits to New Wind Turbine Orders

[] PPM Energy has agreed to purchase 200 MW of wind turbines from GE Energy for use in projects in late stage development expected to be built during calendar 2007. This turbine order for 2007 delivery, coupled with their turbine order for 2006, brings to 500 MW the amount of wind turbine capacity ordered from GE Energy. In August, PPM Energy completed construction ahead of schedule on its 75 MW Klondike II Wind Power Plant near Wasco, Ore. Portland General Electric (PGE) has a 30-year agreement with PPM Energy to purchase all of Klondike II’s wind capacity to serve PGE customers beginning in December 2005. PPM Energy also expects to have four other wind power projects operational this year — the 100 MW Trimont project in Minnesota, the 150 MW Elk River project in Kansas, the 150 MW Shiloh project in California and the 198 MW Maple Ridge project in New York that PPM is building as a joint venture with Horizon Wind Energy, a unit of Goldman Sachs.