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Construction Milestone Reached for New Power Plant in Key West

ORLANDO, Fla., March 9, 2006 –  A 133-metric ton combustion turbine generator, the largest component of a new high-efficiency power plant in Key West, Fla., was delivered and was successfully placed onto the plant’s foundation March 5.

“This delivery is a major milestone for this new power resource, which will provide reliable, efficient power to Key West and the Lower Keys, as well as FMPA’s other member communities,” said FMPA General Manager and CEO Roger Fontes.

The combustion turbine generator and other equipment were shipped by barge from Houston, Texas, to Keys Energy Services’ Stock Island Generating Facility, where the new unit will be located. Upon arrival, the turbine and generator components were moved off the barge and lifted by a crane onto the plant’s foundation.

Construction began in November 2005, and the plant is scheduled begin operating early this summer.

Stock Island Unit 4 is a 42 Megawatt low sulfur oil-fueled combustion turbine generator to be located at the Stock Island Generating Facility in Key West, Fla. The new power plant will be owned by FMPA and operated by Keys Energy Services (KEYS), the municipal electric utility serving Key West and the lower Florida Keys.

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Florida Municipal Power Agency (FMPA) is a wholesale power company owned by 29 municipal electric utilities. FMPA provides economies of scale in power generation and related services to support community-owned electric utilities. The members of FMPA serve approximately 1.8 million Floridians. FMPA’s members include Alachua, Bartow, Bushnell, Chattahoochee, Clewiston, Fort Meade, Fort Pierce, Gainesville, Green Cove Springs, Havana, Homestead, Jacksonville Beach, Key West, Kissimmee, Lake Worth, Lakeland, Leesburg, Moore Haven, Mount Dora, New Smyrna Beach, Newberry, Ocala, Orlando, Quincy, St. Cloud, Starke, Vero Beach, Wauchula and Williston. Additional information is available on the Internet at www.fmpa.com.

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