FPL Group Scores Highest in U.S., Second Globally in Report on Clean, Efficient Energy; World Wildlife Fund Report Calls FPL a `Bright Spot'

 

JUNO BEACH, Fla.--(BUSINESS WIRE)--Dec. 16, 2004

FPL Group (NYSE:FPL) scored the highest ranking in the U.S. and second globally in a World Wildlife Fund (WWF) report that analyzed 72 of the world's leading power companies reviewing current use of available technologies to reduce C02 emissions, as well as clear commitments made for future improvements. The new report said FPL is a bright spot in the U.S. rankings. The WWF says FPL Group scored high due to leadership in developing wind energy and a commitment to dramatically improving power plant efficiency.

FPL Group, parent company to Florida Power & Light Co. and FPL Energy, is among the first U.S. power companies to become a WWF PowerSwitch! Pioneer, which includes a commitment to support limits on national C02 emissions. "By joining this program we have supported a key business strategy: to be a clean energy provider with a demonstrated record of environmental excellence," said Randy LaBauve, vice president of environmental services, for FPL.

In a press statement, Katherine Silverthorne, director of the WWF US Climate Change Program said, "FPL and other PowerSwitch! Pioneers are proving that power companies can do the right thing for the environment and their bottom line at the same time."

In 2003, FPL Group was presented with the prestigious Edison Award, the electric power industry's highest honor. Platts, the energy information and market services unit of The McGraw-Hill Companies presented FPL Group with a 2003 Global Energy Award as "Renewable Company of the Year" for its clean energy portfolio.

About FPL Group:

FPL Group, with annual revenues of more than $9 billion, is nationally known as a high quality, efficient, and customer-driven organization focused on energy-related products and services. With a growing presence in 26 states, it is widely recognized as one of the country's premier power companies. Its principal subsidiary, Florida Power & Light Company, serves more than 4.2 million customer accounts in Florida. FPL Energy, LLC, an FPL Group wholesale electricity generating subsidiary, is a leader in producing electricity from clean and renewable fuels. Additional information is available on the Internet at http://www.FPLGroup.com , http://www.FPL.com  and http://www.FPLEnergy.com .

About the World Wildlife Fund:

Known in the United States as World Wildlife Fund and recognized worldwide by its panda logo, WWF leads international efforts to protect endangered species and their habitats and to conserve the diversity of life on Earth. Now in its fifth decade, WWF, the global conservation organization, works in more than 100 countries around the world.

Note to Editors: High-resolution logos and executive head shots are available for download at http://www.fpl.com/news/contents/logos.shtml .