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FPL Energy Begins Construction of New York City Peaking Unit

   FPL LOGO
FPL Logo. (PRNewsFoto)[TC]
JUNO BEACH, FL USA
    JUNO BEACH, Fla., Dec. 17 /PRNewswire/ -- FPL Energy, LLC, a subsidiary of
FPL Group (NYSE: FPL) today announced it will soon begin construction of a
54-megawatt natural gas-fired peaking unit to supply electricity to the Long
Island Power Authority (LIPA) for the Rockaway Peninsula in Queens County, New
York City.
    (Photo:  http://www.newscom.com/cgi-bin/prnh/20010621/FPLLOGO )
    FPL Energy expects to complete construction of Bayswater Clean Energy
Center by late spring, 2002, in time to provide power during the area's warm
summer months.
    The output of the facility will be sold to LIPA under a long-term power
contract.  It is anticipated that the facility will operate only during
periods of peak demand and will help meet the growing energy demands of the
Rockaway Peninsula.
    "We're excited about the opportunity to serve the growing New York market
and, together with LIPA, bring needed power supply to the Rockaway Peninsula,"
said Ron Green, FPL Energy President.
    "We're pleased that FPL Energy is moving forward with the Bayswater
project," said LIPA Chairman Richard M. Kessel.  "The new generation station
will play a key role in supplying the Rockaway Peninsula with clean,
dependable electricity."
    While the Bayswater Clean Energy Center represents FPL Energy's first
generation in New York, the company is a leading independent producer of clean
energy, including natural gas, wind, solar and hydroelectric.  FPL Energy owns
and operates power plants with more than 4,400 total net megawatts in 12
states across the country.

    FPL Group, with annual revenues of more than $8 billion, is one of the
nation's largest providers of electricity-related services.  FPL Group's
principal subsidiary is Florida Power & Light Company, one of the nation's
largest electric utilities, serving more than seven million people in Florida.
Additional information is available on the Internet at http://www.fplenergy.com and
http://www.fplgroup.com.

    LIPA owns the retail electric business on Long Island.  LIPA provides
electric service to nearly 1.1 million customers in Nassau and Suffolk
counties, and the Rockaway Peninsula in Queens.



SOURCE FPL Energy, LLC




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  • http://www.fplenergy.com
  • http://www.fplgroup.com
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    CONTACT:
    FPL Energy, LLC Corporate Communications
    Media inquiries, +1-305-552-3555; or LIPA Media Relations,
    +1-516-719-9838