1 Table of Contents 2
1.1 List of Tables 5
1.2 List of Figures 6
2 Company Snapshot 7
2.1 Key Information 7
2.2 Company Overview 7
2.3 Financial Performance 7
3 Business Description 8
3.1 Business Overview 8
3.2 Major Products and Services 9
3.2.1 Overview 9
3.3 History 9
4 North American Wind Market Analysis 10
4.1 Wind Power in the US 10
4.2 Wind Power in Canada 11
4.3 Leading Wind Turbine Manufacturers in the US and Canada 12
4.4 Leading Wind Power Utilities in the US 12
5 FPL Energy’s Power Generation Portfolio Analysis 13
5.1 Power Generation Sources of FPL Energy 13
5.2 Turbine Installations in FPL Energy’s Wind Farms 14
5.3 State-wise Break-up of FPL Energy’s Wind Power Capacity 14
5.4 FPL Energy’s Wind Farms 16
6 SWOT Analysis 18
6.1 Overview 18
6.2 FPL Energy, LLC Strengths 18
6.2.1 Diversified Energy Portfolio 18
6.2.2 Strong Customer Base 19
6.3 FPL Energy, LLC Weaknesses 19
6.3.1 Operational Faults 19
6.3.2 Limited Geographic Presence 19
6.4 FPL Energy, LLC Opportunities 20
6.4.1 Growing Concern for Climate Change 20
6.4.2 Strategic Acquisitions and Alliances 20
6.5 FPL Energy, LLC Threats 21
6.5.1 Governmental Regulations 21
6.5.2 Competition 21
7 Competitors 22
8 Company Statement 23
9 Locations And Subsidiaries 26
9.1 Head Office 26
10 Financial Deals Landscape 27
10.1 Asset Purchase 27
10.1.1 FPL Energy Acquires Point Beach Nuclear Plant from Wisconsin Electric Power 27
10.1.2 FPL Energy Acquires Wind Power Generation Projects from Enron 28
10.2 Partnership 30
10.2.1 FPL Energy Signs Letter Of Intent with Citrus Energy 30
10.2.2 FPL Energy Forms Joint Venture with Otter Tail Power 31
10.3 Debt Offerings 32
10.3.1 FPL Energy Wind Funding Completes $125 Million Private Placement Of Senior Secured Bonds 32
10.3.2 FPL Energy National Wind Completes $365 Million Private Placement 33
10.3.3 FPL Energy National Wind Portfolio Completes Private Placement 34
10.3.4 Bison Wind Completes Private Offering of Senior Secured Notes 36
10.4 Private Equity 37
10.4.1 FPL Energy and Carlyle/River stone Acquires Solar Assets in California 37
10.4.2 Carlyle and Riverstone Invest In Kramer Junction 38
10.5 Acquisitions 40
10.5.1 FPL Energy Acquires 70% Interest in Duane Arnold Energy Center 40
10.5.2 Boralex Acquires Boralex Fort Fairfield from FLP Energy 41
10.5.3 Creststreet Power & Income Fund Sells Mount Copper Wind Power Energy and Pubnico Point Wind Farm to FPL Energy 43
11 Recent Developments 46
11.1 New Contracts 46
11.1.1 May 08, 2008: Siemens Wins Wind Turbine Orders from FPL 46
11.1.2 Apr 30, 2008: OTPC Signs Agreement to Build Wind Energy Facility in North Dakota 46
11.2 Strategy and Business Planning 47
11.2.1 Jul 03, 2008: FPL Energy Proposes To Build Wind Turbine Project In Lucerne Valley 47
11.2.2 Jul 02, 2008: FPL Energy Proposes To Build $2 Billion Wind Turbine Farm in North Dakota 47
11.2.3 Jun 24, 2008: FPL Energy, Minnesota Power Dedicate Wind Energy Center In North Dakota 48
11.2.4 May 31, 2008: FPL Receives Approval for 200 MW Wind Project 48
11.2.5 May 14, 2008: FPL, Otter Tail and Minnesota Power Dedicate Langdon Wind Energy Center 49
11.2.6 Mar 19, 2008: FPL Energy, TCU and Oxford University to Study Impacts of Wind Energy Development in the U.S 50
11.2.7 Jan 16, 2008: FPL Plans to Build Wind Farm in Barnes County 52
11.2.8 Jul 30, 2007: FPL Energy to Add About 10,000 Megawatt By 2012 52
11.2.9 Jul 19, 2007: FPL Signs LoI with Citrus to Develop Citrus Peel to Ethanol Plant 53
11.2.10 May 16, 2007: FPL, Invenergy to Start Construction at Peetz Table Wind Energy Farm 53
11.2.11 Mar 29, 2007: OTPC, Minnkota Sign Agreement with FPL for Langdon Wind Project 54
11.2.12 Feb 06, 2007: FPL Energy Announce Plans for Oliver II Wind Energy Center 55
11.3 Other Significant Developments 56
11.3.1 Apr 10, 2008: Minnkota Signs Agreement with FPL For Electricity 56
11.3.2 Mar 26, 2008: FPL Files Application with CEC to Build Solar Thermal Plant in California 57
11.3.3 Sep 10, 2007: OTPC to Own 27 Wind Turbines of Langdon Wind Energy Center 58
12 Appendix 60
12.1 Methodology 60
12.2 About Global Markets Direct 60
12.3 Contact Us 60
12.4 Disclaimer 60
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