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NRG Energy Begins Construction on Second West Texas Wind Farm

Posted on: Thursday, 27 March 2008, 09:00 CDT

NRG Energy, Inc. (NYSE: NRG) through its wholly owned subsidiary, Padoma Wind Power LLC, begins construction today on the Elbow Creek Wind Project, a 122 megawatt (MW) wind farm in Howard County near Big Spring, Texas.

"Adding Elbow Creek to NRG's generation fleet increases our portfolio fuel diversity in Texas," said Jan Paulin, Senior Vice President, NRG and President and CEO, Padoma Wind Power. "Through these wind projects as well as others in varying stages of development in Texas and California, Padoma will build on NRG's commitment to expanding its ownership of zero fuel, zero-emission wind power."

Construction of the Elbow Creek Wind Project is expected to take nine months with commercial operation achieved by year end. The project will use 53 Siemens 2.3 MW wind turbine generators--enough to supply power to nearly 100,000 homes.

"Elbow Creek will contribute to NRG's ability to meet the state's growing electricity demand in an efficient and environmentally responsible manner," said Thad Hill, President, NRG Texas. "Wind is an important part of the RepoweringNRG program in Texas, which is our $10 billion program to repower our State with cleaner nuclear, wind, gas and coal-fueled generation. We are proud to reinvest in Texas."

Last month, NRG announced a 50 percent partnership with BP Alternative Energy North America Inc. to build the first phase of the Sherbino Wind Farm, a 150 MW wind project in Pecos County, Texas.

The Elbow Creek Wind Project will be built on an approximately 6,700-acre tract of land. The ground elevation where wind turbines will be installed is approximately 2,800 feet above sea level. Early land rights to the project were acquired from Wind Plus Holdings, Inc.

About NRG and Padoma Wind Power

A Fortune 500 company, NRG Energy, Inc. owns and operates a diverse portfolio of power-generating facilities, primarily in Texas and the Northeast, South Central and West regions of the United States and also in Australia, Germany and Brazil. NRG is a member of USCAP, a diverse group of business and environmental organizations calling for mandatory legislation to achieve significant reductions of greenhouse gas emissions. NRG is also a founding member of "3C--Combat Climate Change," a global initiative with 42 business leaders calling on the global business community to take a leadership role in designing the road map to a low carbon society. More information on NRG is available at www.nrgenergy.com.

Padoma Wind Power LLC's principals have developed, financed, built and operated more than 40 wind farms in the United States and Europe. More information on Padoma Wind Power, a wholly owned subsidiary of NRG Energy, Inc. since 2006, is available at www.padoma.com.

Safe Harbor Disclosure

This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements are subject to certain risks, uncertainties and assumptions and include NRG's expectations regarding the Elbow Creek project and forward-looking statements typically can be identified by the use of words such as "will,""expect,""believe," and similar terms. Although NRG believes that its expectations are reasonable, it can give no assurance that these expectations will prove to have been correct, and actual results may vary materially. Factors that could cause actual results to differ materially from those contemplated above include, among others, general economic conditions, hazards customary in the power industry, weather conditions, competition in wholesale power markets, the volatility of energy and fuel prices, failure of customers to perform under contracts, changes in the wholesale power markets, changes in government regulation of markets and of environmental emissions, unanticipated outages at our generation facilities, the inability to implement value enhancing improvements to plant operations and companywide processes, and our ability to achieve the expected benefits and timing of our RepoweringNRG projects.

NRG undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The foregoing review of factors that could cause NRG's actual results to differ materially from those contemplated in the forward-looking statements included in this news release should be considered in connection with information regarding risks and uncertainties that may affect NRG's future results included in NRG's filings with the Securities and Exchange Commission at www.sec.gov.


Source: Business Wire

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