FPL Energy Appoints Michael O'Sullivan Senior Vice President of Development
July 11, 2001

FPL Energy, LLC today announced it has appointed Michael O'Sullivan senior vice president of development for the independent power producer, a subsidiary of FPL Group, Inc. .

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"We are extremely pleased to have Mike O'Sullivan join our FPL Energy team," said Lew Hay, president and chief executive officer of FPL Group. "He has a proven track record of developing and acquiring independent power projects and significantly contributing to the success of the companies for which he has worked."

Mr. O'Sullivan previously served as a vice president of AES Great Plains, Inc., the mid-western division of The AES Corporation, a leading IPP company. Prior to joining AES in 1999, O'Sullivan was a vice president of NRG North America, a unit of NRG Energy, Inc., now an affiliate of Xcel Corporation. He was responsible for business development, project finance and asset management. He also has held a variety of project development, management and engineering positions with Indeck Energy Services and Commonwealth Edison Company.

Mr. O'Sullivan holds a bachelor's of science degree in civil engineering from the University of Notre Dame and a master's degree in business administration from the University of Chicago.

FPL Energy is a leading independent producer of clean energy, including natural gas, wind, solar and hydroelectric. It owns power plants with more than 4,300 total net megawatts in 13 states across the country. New projects the company has announced will add nearly 6,000 megawatts of capacity to its portfolio by the end of 2003, and most of the projects are already under construction.

FPL Group, with annual revenues of more than $7 billion, is one of the nation's largest providers of electricity-related services. FPL Group's principal subsidiary is Florida Power & Light Company, one of the nation's largest electric utilities, serving more than seven million people in Florida. Additional information is available on the Internet at http://www.fplenergy.com/, http://www.fplgroup.com/ and http://www.fpl.com/.

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SOURCE: FPL Energy, LLC

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