GE, EDP Sign Frame Agreement

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GE Energy has signed a global frame agreement with the renewable area of Energias de Portugal SA (EDP), the world's fourth largest wind project developer, to supply wind turbines totaling more than 500 MW of new capacity for wind projects to be developed during 2008 and 2009 in Europe and the U.S.

Under the frame agreement, GE will supply Neo Energia, the European renewable branch of EDP, with 80 2.5xl wind turbines for new wind projects in Europe, and provide Horizon Wind Energy LLC, EDP's American branch, with 201 1.5 MW wind turbines for projects in the U. S., at sites yet to be determined.

All of the U.S. projects will be owned by Horizon Wind Energy or affiliates. Sixty-seven of the GE wind turbines for the U.S. projects and 30 turbines for the European projects are expected to be commissioned before the end of 2008.


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