January 22, 2001

Construction begins on Iowa County, Wisconsin Wind Farm; Wisconsin Electric to buy power from FPL Energy

JUNO BEACH, Fla. - FPL Energy, LLC, a wholly owned subsidiary of FPL Group, Inc. (NYSE: FPL), today announced construction has begun on a 25.5 megawatt wind farm in Iowa County, Wisconsin. The wind farm, which FPL Energy will build, own and operate, is expected to begin generating power by spring 2001. The power from the 17 wind turbines will be purchased by Wisconsin Electric, which will add the wind energy to its existing renewable energy portfolio. The power from the wind farm will serve the energy needs of more than 5,000 homes annually.

"We're very excited about this opportunity to provide low-cost, clean energy to Wisconsin Electric and the customers they serve," said FPL Energy President Lew Hay. "New high-efficiency wind turbine designs have made wind power a more viable source of electricity than ever before, and we're pleased our customers are able to benefit from the expertise we've developed in this business."

FPL Energy is the largest developer and operator of wind energy facilities in the nation with more than 1,000 megawatts of wind turbines in operation or construction in seven states. It is a leading independent producer of clean energy, including natural gas, wind, solar and hydro-electric generating facilities in 15 states across the country. FPL Energy has more than 6,500 megawatts of generation in operation, under construction or advanced development.

FPL Group, with annual revenues of more than $6 billion, is one of the nation's largest providers of electricity-related services. Its principal subsidiary, Florida Power & Light Company, serves 3.9 million customer accounts in Florida. Information is available on the Internet at www.fplgroup.com, www.fpl.com, www.fplenergy.com, and www.fplfibernet.com

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