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enXco and Xcel Energy Announce Operation of Nobles Wind Project

^{Published on 2010-12-28 10:35:47 - Market Wire}
 

SAN DIEGO--([ BUSINESS WIRE ])--[ enXco - an EDF Energies Nouvelles Company (PARIS: EEN) ] and [ Xcel Energy (NYSE: XEL) ] today announced the new Nobles Wind Project in southwestern Minnesota is fully operational and supplying electricity to the regional transmission grid.

"enXco is once again pleased to extend our experience and successful relationship with Xcel Energy to bring the economic and renewable benefits from the Nobles Wind Project to their customers in the Upper Midwest. This project marks our sixth wind project to deliver electricity to Xcel Energya™s renewable energy portfolio"

The 201-megawatt wind farm, located in Nobles County, consists of 134, 1.5-megawatt General Electric wind turbines generating enough power to serve approximately 66,500 homes.

aThe Nobles Wind Farm advances our efforts to provide our customers with more reasonably priced, renewable energy,a said Judy Poferl, president and CEO of Northern States Power Co.-Minnesota, an Xcel Energy company. aDeveloping wind resources, abundant in the Upper Midwest, will help meet our customersa™ growing needs for electricity at a reasonable cost while minimizing impact on the environment.a

Xcel Energy also owns Grand Meadow Wind Farm in southeastern Minnesotaa™s Mower County. A third company-owned wind project, the 150-megawatt Merricourt Wind Project, is currently under development by enXco in southeastern North Dakota. Merricourt is expected to be operational in late 2011 and represents the first major wind undertaking for enXco and Xcel Energy in North Dakota. The Minnesota Public Utilities Commission in June 2009 allowed Xcel Energy to include both the Nobles and Merricourt projects in its plan to meet the statea™s Renewable Energy Standard.

Joint developments between enXco and Xcel Energy have resulted in a significant increase in wind resources on the utilitya™s system. The completion of the Nobles and Merricourt projects will bring the total to 784 megawatts of capacity for Xcel Energy through either build/transfer arrangements or power purchase agreements. Once each project is completed, ownership transfers to NSP - Minnesota, an Xcel Energy company. Other projects constructed by enXco include Grand Meadow Wind Farm, Fenton Wind Farm, Viking Wind Farm and Chanarambie Wind Farm all in Minnesota, as well as Peetz Table Wind Farm in Colorado.

aenXco is once again pleased to extend our experience and successful relationship with Xcel Energy to bring the economic and renewable benefits from the Nobles Wind Project to their customers in the Upper Midwest. This project marks our sixth wind project to deliver electricity to Xcel Energya™s renewable energy portfolio,a said Steve Peluso, senior vice president of origination for enXco. aWe look forward to being a continued partner with Xcel Energy and the communities of Minnesota to further our efforts to supply clean energy to the nationa™s grid.a

With the addition of the Nobles Wind Farm, Xcel Energy receives energy from nearly 1,500 megawatts of wind-powered generation on its Upper Midwest system. Company plans include an inventory of approximately 3,000 megawatts of both owned and purchased wind power capacity in the Upper Midwest by 2020. Xcel Energy is the nationa™s No. 1 wind power provider, according to the American Wind Energy Association.

About enXco, an EDF EN Company:

enXco ([ www.enxco.com ]) - an EDF Energies Nouvelles Company ([ www.edf-energies-nouvelles.com ]) - develops, constructs, operates and manages renewable energy projects throughout the United States. For more than two decades, they have been a leader in wind-energy focusing on large-scale wind projects. enXcoa™s portfolio includes solar and biomass technologies, in an effort to help drive the transition to a sustainable energy economy. enXco has grown to be a significant owner and developer of wind-energy installations in the United States, and is the largest third-party operations and maintenance provider for wind farms in North America.

About Xcel Energy:

Xcel Energy (NYSE: XEL) is a major U.S. electricity and natural gas company that provides a comprehensive portfolio of energy-related products and services to 3.4 million electricity customers and 1.9 million natural gas customers through its regulated operating companies in eight Western and Midwestern states. Company headquarters are located in Minneapolis. More information is available at [ www.xcelenergy.com ]