New California WindPower Project to Deliver Renewable Energy in Time for Summer 2001

With a continuing power supply shortage in California, Utilities are increasingly turning to renewable energy to meet the demand.

SAN DIEGO, Nov. 15 — SeaWest WindPower, Inc., and PG&E Corporation’s National Energy Group announced the construction of the 44.4MW Mountain View Power Partners wind energy project. Through an RFP issued by SeaWest in March 2000, PG&E National Energy Group will acquire the project from SeaWest and begin delivering power to California customers in April 2001. “With the current energy supply shortage in California, SeaWest is pleased to be developing a project that will help alleviate the high energy demands anticipated in the coming months,” stated Jan C. Paulin, SeaWest President and CEO. “Wind power is an excellent solution for delivering clean renewable energy to California customers just in time for next summer’s peak demand. Wind power is becoming increasingly cost competitive with fossil fuel power projects, without the externalities of fuel pricing volatility and greenhouse gas emissions.” “I am very excited about this project,” said California State Senator Dave Kelley, representing Riverside, San Diego, and Imperial Counties. “I believe that through the sensitive development of renewable energy resources such as this one, we will be able to provide significant economic and environmental benefits to the State of California. SeaWest and PG&E are to be commended for their insight in using the vast natural energy resource potential that this area possesses.” “It is a natural fit to add this emission-free, renewable energy resource to our Western generation portfolio,” said Thomas B. King, President and Chief Operating Officer of the National Energy Group’s Western Region. “We are aggressively pursuing opportunities to supply new generation that will provide customers with the clean, reliable and affordable electricity they need.” Through the acquisition of this project, PG&E National Energy Group will increase its share of renewable power to its expanding portfolio of new generation. This project will provide additional generation resources to support the growing demand for renewables in the California market through its Pure Wind(SM) campaign. Located in the San Gorgonio Pass near Palm Springs, California, the project will feature 74 Mitsubishi Heavy Industries MHI MWT 600kW wind turbines. The turbines will be mounted on 50 and 60 meter tubular towers, and will produce enough energy for over 25,000 homes in California, while offsetting 100,000 tons of Greenhouse Gases on an annual basis. Construction is expected to begin in November 2000, with commissioning and commercial operation planned for April 2001. SeaWest WindPower, Inc. is a leading independent developer of utility scale wind energy projects. With the addition of the Mountain View project, SeaWest will have completed 422MW of wind power projects in California, in addition to nearly 200MW of projects in Wyoming, the United Kingdom, and Spain. For more information on SeaWest or the Mountain View project, contact Dave Roberts, SeaWest Media Relations, at 619-908-3440, or visit the company website at PG&E Corporation, with 1999 revenues of nearly $21 billion and operations in 21 states, markets energy services and products throughout North America through its National Energy Group. The Corporation has ownership and management interests in more than 30 power plants, and has one of the largest energy trading and risk management programs in North America.

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