Saturday 4 March 2006

OG&E signs agreement to build new wind farm

03/03/06

OG&E Electric Services announced Wednesday it signed a contract with an affiliate of Illinois-based Invenergy Wind LLC to build OG&E’s new wind energy facility located north of Woodward in Harper County. The new facility will be named OG&E Centennial Wind Farm.

"This is a major expansion of renewable energy in Oklahoma," said Steven E. Moore, chairman, president and CEO of OGE Energy Corp.

"High natural gas prices and the enthusiastic support of Oklahomans and our leaders make this something to celebrate for our state and OG&E," Moore said.

This will be the first wind project owned and operated by OG&E. In 2003, OG&E entered into a 15-year agreement to purchase 50 megawatts of power from 34 turbines owned and operated by Florida-based FPL Energy near Woodward.

Construction of the new facility is contingent upon approval from the Oklahoma Corporation Commission to recover the estimated $200 million in costs associated with the 120 megawatt project.

The new wind farm is expected to be complete and operational by December 31, 2006.
OG&E is a subsidiary of OGE Energy and serves approximately 740,000 customers in a service territory spanning more than 30,000 square miles in Oklahoma and western Arkansas.

Invenergy Wind LLC is an affiliate of Chicago-based Invenergy LLC, a developer, owner and operator of power generation and energy delivery assets whose development activities include wind energy facilities.

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