ORLANDO, Fla., May 27, 2009 – The Florida Municipal Power Agency (FMPA) selected Nicholas P. Guarriello to become General Manager and CEO. Guarriello has been serving as interim general manager since September.

“Nick has done a tremendous job as interim general manager,” said James C. Welsh, Chairman of FMPA and President and General Manager of Kissimmee Utility Authority. “His leadership and vast experience in the electric industry will guide FMPA’s continued success in the years ahead.”

Guarriello has more than 30 years of experience in the utility industry. He has served as Principal and Immediate Past President/CEO of R.W. Beck, a national management consulting and engineering firm that provides services across several industries, including energy. From 1998 through 2005, Guarriello served as R.W. Beck’s President and CEO.

Guarriello has experience providing services to joint action agencies, including playing a key role in the formation of FMPA 31 years ago. He has served as project manager and principal-in-charge for numerous FMPA power supply studies, bond financings and contractual analyses and negotiations, including those relating to joint ownership agreements and litigation support services for FMPA. One of his recent assignments for FMPA included leading the development of the Agency’s 2008 Integrated Resource Plan.

Guarriello holds a bachelor’s degree in electrical engineering from Polytechnic University, New York, and a master’s degree in business administration from New York University. He is a registered Professional Engineer in Florida.

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Florida Municipal Power Agency (FMPA) is a wholesale power company owned by 30 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 2 million Floridians. FMPA’s members include Alachua, Bartow, Blountstown, 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.