Jan. 6, 2003

FPL Energy expands industry leading wind portfolio

JUNO BEACH, Fla. -- FPL Energy, LLC, a subsidiary of FPL Group (NYSE:FPL) and the nation's largest wind energy producer, today announced that it successfully added 324 megawatts to its wind portfolio in 2002.

The company said it began commercial operation in late December at its 66-megawatt Mountaineer Wind Energy Center in northern West Virginia and its 98-megawatt Hancock County Wind Energy Center in northern Iowa. In addition the company also said it completed a 37-megawatt expansion of the Stateline Wind Energy Center located on the Washington-Oregon border in early December making it the largest wind energy facility in the United States at 300 megawatts. During 2002, FPL Energy also acquired 123 megawatts of wind assets located in Texas and Pennsylvania from National Wind Power.

"We're pleased that with all of the challenges in the wholesale energy sector in 2002, we were able to add to our industry leading wind portfolio through new development and acquisitions," said Jim Robo, president of FPL Energy. "We know there are significant new opportunities for wind energy development throughout the country and we plan to add 700 to 1,200 megawatts of new wind energy to our portfolio in 2003."

The company already has announced plans to build more than 430 megawatts of new wind facilities in California, New Mexico and the Dakotas during 2003.

As the leader in wind energy generation in the United States, FPL Energy owns more than 1,700-megawatts of wind power facilities in 10 states. "Our success in developing wind projects would not be possible without the support of landowners, neighbors, the regional environmental community and local, county and state officials. We appreciate all the support we receive in the communities where we have plant operations," Robo added.

FPL Energy is the nation's leader in wind energy, with 28 wind facilities in 10 states. FPL Energy is a leading independent producer of clean energy from natural gas, wind, solar, nuclear and hydroelectric. Wind power represents approximately 24 percent of the company's portfolio, with more than 80 percent being fueled by renewable or clean-burning sources. It has more than 80 facilities, with nearly 7,300 megawatts in operation. It is a subsidiary of FPL Group, Inc., nationally known as a high quality, efficient and customer-driven organization focused on energy-related products and services. Its sister subsidiary, Florida Power & Light Company, serves approximately 4 million customer accounts in Florida. Additional information is available on the Internet at www.fplgroup.com, www.fpl.com and www.fplenergy.com.