U-3A-2 1 u3a2-00.txt 12/31/00 U-3A-2 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM U-3A-2 File No. 69-302 Statement by Holding Company Claiming Exemption under Rule U-3A-2 from the Provisions of the Public Utility Holding Company Act of 1935 FPL GROUP, INC. Filed on February 28, 2001 Page 1 of 15 FPL Group, Inc. hereby files with the Securities and Exchange Commission, pursuant to Rule 2, its statement claiming exemption as a holding company from the provisions of the Public Utility Holding Company Act of 1935, and submits the following information: 1. FPL Group, Inc. (FPL Group), the claimant, is a Florida corporation, organized in 1984, with its principal executive offices at 700 Universe Boulevard, Juno Beach, Florida 33408. FPL Group's business is the holding of all the outstanding capital stock of its subsidiaries. For information regarding FPL Group's subsidiaries as of December 31, 2000, see Appendix 1. 2. The claimant's only subsidiary public utility company is Florida Power & Light Company (FPL), a Florida corporation, which is an electric utility. As of December 31, 2000, FPL and the claimant had the following generating facilities:
No. of Net Facility Location Units Fuel Capability (mw)(a) --------------------------------------- ---------------------- ------ ---------------- ------------------ FPL: STEAM TURBINES Cape Canaveral ...................... Cocoa, FL 2 Oil/Gas 806 Cutler .............................. Miami, FL 2 Gas 215 Fort Myers .......................... Fort Myers, FL 2 Oil 990(b) Manatee ............................. Parrish, FL 2 Oil 1,625 Martin .............................. Indiantown, FL 2 Oil/Gas 1,640 Port Everglades ..................... Port Everglades, FL 4 Oil/Gas 1,242 Riviera ............................. Riviera Beach, FL 2 Oil/Gas 563 St. Johns River Power Park (SJRPP) .. Jacksonville, FL 2 Coal/Petroleum Coke 254(c) St. Lucie ........................... Hutchinson Island, FL 2 Nuclear 1,553(d) Sanford ............................. Lake Monroe, FL 3 Oil/Gas 914 Scherer ............................. Monroe County, GA 1 Coal 658(e) Turkey Point ........................ Florida City, FL 2 Oil/Gas 810 2 Nuclear 1,386 COMBINED-CYCLE Lauderdale .......................... Dania, FL 2 Gas/Oil 854 Martin .............................. Indiantown, FL 2 Gas 948 Putnam .............................. Palatka, FL 2 Gas/Oil 498 COMBUSTION TURBINES Fort Myers .......................... Fort Myers, FL 12 Oil 636 Lauderdale .......................... Dania, FL 24 Oil/Gas 840 Port Everglades ..................... Port Everglades, FL 12 Oil/Gas 420 DIESEL UNITS Turkey Point ........................ Florida City, FL 5 Oil 12 TOTAL ................................. 16,864 ____________________ (a) Represents FPL's net warm weather peaking capability. (b) Includes three gas-combustion turbines in simple cycle operation as part of a repowering project. (c) Represents FPL's 20% ownership interest in each of SJRPP Units Nos. 1 and 2, which are jointly owned with the Jacksonville Electric Authority (JEA). (d) Excludes Orlando Utilities Commission's and the Florida Municipal Power Agency's combined share of approximately 15% of St. Lucie Unit No. 2. (e) Represents FPL's approximately 76% ownership of Scherer Unit No. 4, which is jointly owned with the JEA.
Transmission and Distribution. As of December 31, 2000, FPL owned and operated 497 substations and the following electric transmission and distribution lines: Nominal Overhead Lines Trench and Submarine Voltage Pole Miles Cable Miles --------------- -------------- -------------------- 500 kv ........ 1,107(a) - 230 kv ........ 2,258 31 138 kv ........ 1,440 49 115 kv ........ 671 - 69 kv ........ 166 14 Less than 69 kv 40,201 22,106 Total ......... 45,843 22,200 ____________________ (a) Includes approximately 75 miles owned jointly with the JEA. 3. Florida Power & Light Company Total kwh of Electric Energy Sold & Purchased Year Ended December 31, 2000
kwh Revenue kwh Purchased State Sold $ Purchased $ ----------------------------- --------------- -------------- ------------- ------------ Arkansas .................... - - 1,156,000 $ 94,792 Ohio ........................ - - 26,617,000 868,227 North Carolina .............. 4,650,000 $ 325,650 78,668,000 9,300,803 Georgia ..................... 85,447,000 6,551,393 8,263,523,000 140,931,473 South Carolina .............. - - 20,586,000 606,020 Tennessee ................... - - 2,317,000 61,445 Virginia .................... - - 32,591,000 1,140,813 -------------- -------------- -------------- ------------ Total electric energy sold at wholesale or purchased outside the State of Florida 90,097,000 6,877,043 8,425,458,000 $153,003,573 Florida .................... 91,879,063,615 6,252,653,184 -------------- -------------- Total electric energy sold (at retail or wholesale) 91,969,160,615 $6,259,530,227 ============== ==============
Total MMBtu's of Gas Sold & Purchased Year Ended December 31, 2000
MMBtu's Revenue MMBtu's Purchased State Sold $ Purchased $ ------------------------------ ------------ -------------- ----------- ------------ Alabama ..................... 746,225 $ 5,105,629 28,038,315 $105,862,941 Louisiana ................... 14,775,218 64,953,210 181,871,521 693,579,934 Mississippi ................. - - 7,584,894 29,826,481 Texas ....................... - - 5,885,240 22,878,713 ---------- -------------- ----------- ------------ Total gas sold at wholesale or purchased outside the State of Florida 15,521,443 70,058,839 223,379,970 $852,148,069 Florida .................... 3,743,943 25,759,507 ---------- -------------- Total gas sold at wholesale 19,265,386 $ 95,818,346 ========== ==============
FPL had no natural or manufactured gas distributed at retail and no electric energy distributed at retail outside of Florida. 4. FPL Group has the following interests in EWG's: Doswell Limited Partnership (Doswell) is located in Hanover County, Virginia. The business address of Doswell is 10098 Old Ridge Road, Ashland, VA 23005. The facility is a 708 megawatt gas-fired combined cycle plant which sells 100% of its power to Virginia Electric and Power Company. At December 31, 2000, ESI LP, Inc. and Doswell I, Inc. collectively owned 100% of the partnership interests in Doswell, an EWG, and ESI Doswell GP, Inc. owns 100% of Doswell I, Inc. ESI Energy, LLC (ESI Energy) is the parent of ESI LP, Inc. and ESI Doswell GP, Inc. ESI Energy is a wholly- owned subsidiary of FPL Energy, LLC (FPL Energy) which is wholly-owned by FPL Group Capital Inc (FPL Group Capital), a wholly-owned subsidiary of FPL Group. Commitments in connection with the expansion project at Doswell were approximately $6.3 million at December 31, 2000. FPL Energy has outstanding letters of credit of approximately $13.8 million at December 31, 2000 for obligations under purchase and sale of power and fuel agreements. Capitalization and earnings during the reporting period were: Total equity ........................... $117,823,000 Total debt obligations (intercompany) .. $293,500,000 Net income ............................. $ 48,326,000 FPL Group's equity in net income ....... $ 48,326,000 Hawkeye Power Partners, LLC (Hawkeye, A/K/A Cerro Gordo), is located in Cerro Gordo County, Iowa. The business address of Hawkeye is 10586 Balsam Avenue, Ventura, IA 50482. The facility is a 42 megawatt wind plant which sells 100% of its power to Interstate Power Company. At December 31, 2000, ESI Hawkeye Power, LLC owned 100% of Hawkeye, an EWG. ESI Energy is the parent of the entity that has an interest in Hawkeye. ESI Energy is a wholly-owned subsidiary of FPL Energy which is wholly-owned by FPL Group Capital, a wholly-owned subsidiary of FPL Group. Capitalization and earnings during the reporting period were: Total equity ........................... $38,084,000 Total debt obligations ................. $ 0 Net income ............................. $ 2,149,000 FPL Group's equity in net income ....... $ 2,149,000 Lake Benton Power Partners II, LLC (Lake Benton) is located in Ruthton, Minnesota. The business address of Lake Benton is 150 Evans Street, Box F, Ruthton, MN 56170. The facility is a 104 megawatt wind plant which sells 100% of its power to Northern States Power. At December 31, 2000, FPL Energy Lake Benton Acquisitions, LLC owned 100% of Lake Benton, an EWG. ESI Energy is the parent of the entity that has an interest in Lake Benton. ESI Energy is a wholly-owned subsidiary of FPL Energy which is wholly- owned by FPL Group Capital, a wholly-owned subsidiary of FPL Group. FPL Energy has outstanding letters of credit of approximately $5.9 million at December 31, 2000 for obligations under purchase and sale of power agreements. Capitalization and earnings during the reporting period were: Total equity ........................... $116,878,000 Total debt obligations ................. $ 0 Net income ............................. $ 1,231,000 FPL Group's equity in net income ....... $ 1,231,000 Lamar Power Partners, LP (Lamar) and its wholly owned subsidiary Intexco I, LP are located in Paris, Texas. The business address of Lamar is P.O. Box 520, Paris, TX 75461. The facility is a 1000 megawatt natural gas fired combined-cycle facility which sells its power to a variety of facilities as well as to the market. At December 31, 2000, FPL Energy Paris GP, Inc., and FPL Energy Paris LP, LLC collectively own 99% of Lamar, an EWG. ESI Energy is the parent of the entities that have an interest in Lamar. ESI Energy is a wholly-owned subsidiary of FPL Energy which is wholly-owned by FPL Group Capital, a wholly-owned subsidiary of FPL Group. Commitments in connection with the development of Lamar were approximately $11.9 million at December 31, 2000. FPL Group Capital has guaranteed $405.2 million and FPL Energy has outstanding letters of credit of approximately $11.6 million at December 31, 2000 for obligations under purchase and sale of power and fuel agreements and other payments subject to certain contingencies. Capitalization and earnings during the reporting period were: Total equity ........................... $460,332,000 Total debt obligations ................. $ 0 Net income ............................. $ 18,873,000 FPL Group's equity in net income ....... $ 18,684,000 West Texas Wind Energy Partners, LP (West Texas Wind), is located in McCamey, Texas. The business address of West Texas Wind is P.O. Box 547, McCamey, TX 79752. The facility is a 75 megawatt wind plant which sells 100% of its power to Central and Southwest Services, Inc. At December 31, 2000, ESI West Texas Energy, Inc., and ESI West Texas Energy LP, LLC collectively owned 100% of West Texas Wind, an EWG. ESI Energy is the parent of the entities that have an interest in West Texas Wind. ESI Energy is a wholly-owned subsidiary of FPL Energy which is wholly-owned by FPL Group Capital, a wholly-owned subsidiary of FPL Group. FPL Group Capital has guaranteed $3 million at December 31, 2000 for obligations under purchase and sale of power agreements and other payments subject to certain contingencies. Capitalization and earnings during the reporting period were: Total equity ........................... $19,383,000 Total debt obligations (intercompany) .. $42,114,000 Net loss ............................... $(2,628,000) FPL Group's equity in net loss ......... $(2,628,000) FPL Energy Maine, Inc. (FPLE Maine) holds a portfolio of hydro, fossil and wood-burning facilities located throughout the state of Maine, of which 1,151 megawatts qualify for EWG status. The business address of FPLE Maine is 100 Middle Street, Portland, ME 04101. Power is sold either to the ISO New England power market or to third parties via power sales contracts. At December 31, 2000, FPLE Maine owned 100% of FPL Energy Maine Hydro, LLC, FPL Energy Wyman, LLC, FPL Energy Mason, LLC and FPL Energy Cape, LLC, and 61.7831% of FPL Energy Wyman IV, LLC, all of which are EWGs. Also, at December 31, 2000, AVEC Holdings, LLC owned 100% of Aroostook Valley Electric Company, an EWG. AVEC Holdings, LLC is wholly-owned by FPL Energy Maine Holdings, LLC, a wholly-owned subsidiary of FPLE Maine. FPLE Maine is 100% owned by FPL Energy which is wholly-owned by FPL Group Capital, a wholly-owned subsidiary of FPL Group. Capitalization and earnings during the reporting period were: Total equity ........................... $738,463,253 Total debt obligations ................. $ 0 Net income ............................. $ 38,778,104 FPL Group's equity in net income ....... $ 38,778,104 FPL Energy MH50, LP (MH50), is located in Marcus Hook, PA. The business address of MH50 is P.O. Box 426, Delaware Avenue & Green Street, Marcus Hook, PA 19061. The facility is a 50 megawatt gas-fired simple cycle plant which sells 100% of its power to the PJM power market. At December 31, 2000, FPL Energy MH50, GP LLC and FPL Energy MH50, LP LLC each owned partnership interests in MH50, an EWG. These interests in the aggregate equal 100%. ESI Energy is the parent of the entities that own MH50. ESI Energy is a wholly-owned subsidiary of FPL Energy which is wholly-owned by FPL Group Capital, a wholly-owned subsidiary of FPL Group. FPL Group Capital has guaranteed $3 million at December 31, 2000 for obligations under purchase and sale of fuel agreement. Capitalization and earnings during the reporting period were: Total equity ........................... $ 4,006,033 Total debt obligations ................. $11,426,000 Net loss ............................... $ (142,899) FPL Group's equity in net loss ......... $ (142,899) ESI Vansycle Partners, LP (Vansycle), is a 25 megawatt wind turbine generation facility located in Umatilla County, Oregon, which sells 100% of its power to Portland General Electric Company. The business address of Vansycle is P.O. Box 310, Helix, OR 97835. At December 31, 2000, ESI Vansycle GP, Inc. (ESI GP) and ESI Vansycle LP, Inc. (ESI LP) own 1% and 99%, respectively, of Vansycle, an EWG. ESI GP and ESI LP are wholly-owned subsidiaries of ESI Energy. ESI Energy is a wholly-owned subsidiary of FPL Energy, which is wholly-owned by FPL Group Capital, a wholly-owned subsidiary of FPL Group. ESI Energy has guaranteed $500,000 for site remediation at the Vansycle plant. Capitalization and earnings during the reporting period were: Total equity ........................... $26,062,600 Total debt obligations ................. $ 0 Net income ............................. $ 838,010 FPL Group's equity in net income ....... $ 838,010 Claimant has caused this statement to be duly executed on its behalf by its authorized officer this 28th day of February, 2001. FPL Group, Inc. By: K. MICHAEL DAVIS ------------------------- K. Michael Davis Controller and Chief Accounting Officer (Principal Accounting Officer) (Corporate Seal) Attest: D. P. COYLE ------------------------------------------ D. P. Coyle, General Counsel and Secretary Name, title and address of officer to whom notices and correspondence concerning this statement should be addressed: K. Michael Davis Controller and Chief Accounting Officer FPL Group, Inc. 700 Universe Boulevard Juno Beach, FL 33408 EXHIBIT A The required information for Exhibit A will be provided in the Form U-1 to be filed as part of the merger of FPL Group, Inc. and Entergy Corporation (File No. 70-9847). EXHIBIT B An organizational chart showing the relationship of each EWG or foreign utility company to associate companies in the holding-company system. FPL Group, Inc. (Claimant) * FPL Group Capital Inc *FPL Energy, LLC *ESI Energy, LLC *ESI LP, Inc. *ESI Doswell GP, Inc. *Doswell I, Inc. *Doswell Limited Partnership FPL Group, Inc. (Claimant) * FPL Group Capital Inc *FPL Energy, LLC *ESI Energy, LLC *ESI Hawkeye Power, LLC *Hawkeye Power Partners, LLC FPL Group, Inc. (Claimant) *FPL Group Capital, Inc *FPL Energy, LLC *ESI Energy, LLC *FPL Energy Lake Benton Acquisitions, LLC *Lake Benton Power Partners II, LLC FPL Group, Inc. (Claimant) *FPL Group Capital, Inc *FPL Energy, LLC *ESI Energy, LLC *FPL Energy Paris GP, Inc. *FPL Energy Paris LP, LLC *Lamar Power Partners, LP *Intexco I, LP FPL Group, Inc. (Claimant) *FPL Group Capital, Inc *FPL Energy, LLC *ESI Energy, LLC *ESI West Texas Energy, Inc. *ESI West Texas Energy LP, LLC *West Texas Wind Energy Partners, LP FPL Group, Inc. (Claimant) *FPL Group Capital, Inc *FPL Energy, LLC *ESI Energy, LLC *ESI Vansycle GP, Inc. *ESI Vansycle LP, Inc. *ESI Vansycle Partners, LP FPL Group, Inc. (Claimant) *FPL Group Capital, Inc *FPL Energy, LLC FPL Energy Maine, Inc. FPL Energy Maine Hydro, LLC Gulf Island Pond Oxygenation Project Partnership FPL Energy Wyman, LLC FPL Energy Wyman IV, LLC (61.7831%) FPL Energy Mason, LLC FPL Energy Maine Holdings, LLC AVEC Holdings, LLC Aroostook Valley Electric Company FPL Energy Cape, LLC FPL Group, Inc. (Claimant) *FPL Group Capital, Inc *FPL Energy, LLC *ESI Energy, LLC *FPL Energy MH50, GP LLC *FPL Energy MH50, LP LLC FPL Energy MH50, LP APPENDIX 1 SUBSIDIARIES OF FPL GROUP, INC. December 31, 2000
Jurisdic- tion of Incor- Name poration Location Nature of Business ----------------------------- -------- ---------------- ---------------------------------------------- FLORIDA POWER & LIGHT COMPANY Florida Juno Beach Operates as an electric utility company. *FPL Enersys, Inc. Florida Miami Holds the stock of a subsidiary which was formed to provide ongoing services to implement energy programs. *FPL Energy Services II, Inc. Florida Miami Develops energy management systems for commercial, industrial and institutional companies. *KPB Financial Corp. Delaware Wilmington Manages financial assets. FPL GROUP CAPITAL INC Florida Juno Beach Holds the stock of and provides the funding for the operating companies other than FPL. *Alandco Inc. Florida Juno Beach Holds real estate investments. **Alandco I, Inc. Florida Juno Beach Holds real estate investments. **Alandco/Cascade, Inc. Florida Juno Beach Holds real estate investments. *CAS Investments, Inc. Delaware Wilmington Owns investment securities. *FPL Energy, LLC Florida Juno Beach Participates in energy market and clean fuel generation. **BAC Investment Corp. Delaware Wilmington Manages intangible assets. **ESI Energy, LLC Florida Juno Beach Participates in energy market and clean fuel generation. ***Alpha Joshua (Prime), Inc. California Juno Beach, FL Inactive. ***Alpha Mariah (Prime), Inc. California Juno Beach, FL Inactive. ***Beta Mariah (Prime), Inc. California Juno Beach, FL Inactive. ***Beta Willow (Prime), Inc. California Juno Beach, FL Inactive. ***Badger Windpower, LLC Delaware Juno Beach, FL Wind farm. ***Dry Fork Power Company, LLC Delaware Juno Beach, FL Future development of a gas project. ***East Mesa Geothermal LLC Delaware Juno Beach, FL Geothermal qualifying facility. ***ESI Altamont Acquisitions, Inc. Florida Juno Beach Participates in a wind power project. ****Green Ridge Power LLC Florida Juno Beach Participates in a wind power project. *****USW Land Corporation Florida Juno Beach Participates in a wind power project. ****Altamont Infrastructure Florida Juno Beach Participates in a wind power project. Company LLC *****U.S. Windpower Transmission Florida Juno Beach Participates in a wind power project. Corporation ****Green Ridge Services LLC Florida Juno Beach Participates in a wind power project. ***ESI Antilles, Inc. Florida Juno Beach Inactive. ***ESI Antilles LP, Inc. Florida Juno Beach Inactive. ***ESI Australia II, Inc. Delaware Juno Beach, FL Inactive. ***ESI Bay Area, Inc. Florida Juno Beach Participates in a wind power project. ***ESI Bay Area GP, Inc. Florida Juno Beach Participates in a wind power project. ***ESI Brady, Inc. Florida Juno Beach Participates in a geothermal project. ***ESI California Holdings, Inc. California Juno Beach, FL Holding company. ****CH Ormesa, Inc. Florida Juno Beach Participates in a geothermal project. ****CH Ormesa LP, Inc. Florida Juno Beach Participates in a geothermal project. ****CH POSDEF, Inc. Florida Juno Beach Participates in a coal project. ****CH POSDEF LP, Inc. Florida Juno Beach Participates in a coal project. ****ESI Sky River, Inc. Florida Juno Beach Participates in a wind power project. ***ESI Calistoga GP, Inc. Florida Juno Beach Inactive. ***ESI Calistoga LP, Inc. Florida Juno Beach Inactive. ***ESI Cherokee GP, Inc. Florida Juno Beach Participates in a combined cycle natural gas project. ***ESI Cherokee LP, Inc. Florida Juno Beach Participates in a combined cycle natural gas project. ***ESI Cherokee Holdings, Inc. Florida Juno Beach Participates in a combined cycel natural gas project. ****ESI Cherokee MGP, Inc. Florida Juno Beach Participates in a combined cycle natural gas project. ****Cherokee County Cogeneration Delaware Juno Beach, FL Participates in a combined cycle natural Corp. gas project. ***ESI Chesapeake Power, Inc. Florida Juno Beach Inactive. ***ESI Dixie Valley, Inc. Florida Juno Beach Inactive. ***ESI Dixie Valley LP, Inc. Florida Juno Beach Inactive. ***ESI Doswell GP, Inc. Florida Juno Beach Participates in combined cycle natural gas project *****Doswell I, Inc. Florida Juno Beach Participates in combined cycle natural gas project. ***ESI Double "C", Inc. Florida Juno Beach Participates in a natural gas project. ***ESI Kern Front, Inc. Florida Juno Beach Participates in a natural gas project. ***ESI Sierra, Inc. Florida Juno Beach Participates in a natural gas project. ***ESI Ebensburg, Inc. Florida Juno Beach Participates in a waste-to-energy project. ***ESI Geothermal, Inc. Florida Juno Beach Inactive. ***ESI Hawkeye Power, LLC Florida Juno Beach Participates in a wind project. ****Hawkeye Power Partners, LLC Delaware Juno Beach, FL Owns a wind project. ***ESI Jonesboro, Inc. Florida Juno Beach Inactive. ***ESI Lake Benton Holdings, Inc. Florida Juno Beach Inactive. ***ESI LP, Inc. Florida Juno Beach Formed to invest in partnerships. ****ESI Ebensburg, LLC Delaware Juno Beach, FL Participates in a coal-fired project. *****ESI Ebensburg GP, Inc. Delaware Juno Beach, FL Participates in a coal-fired project. *****ESI Ebensburg LP, Inc. Delaware Juno Beach, FL Participates in a coal-fired project. ***ESI Montgomery County, LLC Florida Juno Beach Participates in a waste-to-energy project. *****ESI Montgomery County GP, Inc. Florida Juno Beach Participates in a waste-to-energy project. *****ESI Montgomery County LP, Inc. Florida Juno Beach Participates in a waste-to-energy project. ***ESI Mojave, Inc. Florida Juno Beach Participates in a wind power project. ***ESI Mojave LLC Delaware Juno Beach, FL Participates in a wind power project. ****Mojave 16/17/18 LLC Delaware Juno Beach, FL Participates in a wind power project. ***ESI Multitrade LP, Inc. Florida Juno Beach Participates in a wood-burning electric generating project. ***ESI Pittsylvania, Inc. Florida Juno Beach Participates in a wood-burning electric generating project. ***ESI New Bedford LLC Delaware Juno Beach, FL Inactive. ***ESI New Jersey Energy GP, Inc. Florida Juno Beach Inactive. ***ESI Northeast Energy Florida Juno Beach Formed to acquire generation assets. Acquisition Funding, Inc. ****ESI Tractebel Acquisition Corp. Delaware Juno Beach, FL Electric generation project. ***ESI Northeast Energy Florida Juno Beach A funding corporation. Funding, Inc. ****ESI Tractebel Funding Corp. Delaware Juno Beach, FL Services debt. ***ESI Northeast Energy GP, Inc. Florida Juno Beach Participate in combined cycle natural gas project. ***ESI Northeast Energy LP, Inc. Florida Juno Beach Participate in combined cycle natural gas project. ***ESI Northeast Fuel Florida Juno Beach Provides fuel management services. Management, Inc. ***ESI Ormesa Debt Holdings LLC Delaware Juno Beach, FL Formed to acquire partnership interest. ***ESI Ormesa Holdings, Inc. Florida Juno Beach Formed to acquire partnership interest. ***ESI Ormesa Holdings I LLC Delaware Juno Beach, FL Participates in a geothermal project. ***ESI Ormesa IE Equity, Inc. Florida Juno Beach Participates in a geothermal project. ****ESI Ormesa Equity Holdings LLC Delaware Juno Beach, FL Participates in a geothermal project. ***ESI Ormesa IE Resource LLC Florida Juno Beach Participates in a geothermal project. ***ESI Ormesa IH Equity LLC Delaware Juno Beach, FL Inactive. ***ESI Ormesa IH Resource LLC Delaware Juno Beach, FL Inactive. ***ESI Philippines, Inc. Florida Juno Beach Inactive. ***ESI Prairie Winds GP, LLC Delaware Juno Beach, FL Inactive. ***ESI Prairie Winds LP, LLC Delaware Juno Beach, FL Inactive. ***ESI SEMASS Corp. LP, Inc. Florida Juno Beach Inactive. ***ESI Silverado Delaware, LLC Delaware Juno Beach, FL Inactive. ****ESI Silverado Holdings, LLC Delaware Juno Beach, FL Inactive. ***ESI Steamboat, Inc. Florida Juno Beach Inactive. ***ESI Tehachapi Acquisitions, Inc. Florida Juno Beach Participates in wind power projects. ****Cameron Ridge LLC Delaware Juno Beach, FL Participates in wind power projects. ****Windco LLC Delaware Juno Beach, FL Participates in wind power projects. *****Altamont Power LLC Delaware Juno Beach, FL Participates in wind power projects. ******Altamont Power 1998 LLC Delaware Juno Beach, FL Participates in wind power projects. ***ESI Vansycle GP, Inc. Florida Juno Beach Participates in a wind power project. ***ESI Vansycle LP, Inc. Florida Juno Beach Participates in a wind power project. ***ESI Victory, Inc. Florida Juno Beach Participates in a wind power project. ***ESI West Enfield, Inc. Florida Juno Beach Inactive. ***ESI West Texas Energy, Inc. Florida Juno Beach Participates in a wind power project. ***ESI West Texas Energy LP, LLC Delaware Juno Beach, FL Participates in a wind power project. ***ESI WTE Development, Inc. Florida Juno Beach Inactive. ***FPL Energy Altamont Delaware Santa Rosa, CA Inactive. Acquisitions LLC ***FPL Energy Bastrop GP, Inc. Florida Juno Beach Participates in a gas fired project. ***FPL Energy Bastrop LP, LLC Delaware Juno Beach, FL Participates in a gas fired project. ***FPL Energy Bellingham, Inc. Florida Juno Beach Inactive. ****IDC Bellingham, LLC Florida Juno Beach Inactive. ***FPL Energy Bellingham, LLC Florida Juno Beach Inactive. ***FPL Energy Cal Hydro, LLC Delaware Juno Beach, FL Inactive. ***FPL Energy Calhoun I, LLC Delaware Juno Beach, FL Participates in a gas fired project. ****Calhoun Power Company I, LLC Delaware Juno Beach, FL Participates in a gas fired project. ***FPL Energy California Wind, LLC Delaware Juno Beach, FL Participates in a wind power project. ****FPL Energy Pacific Crest Delaware Juno Beach, FL Participates in a wind power project. Partner, LLC *****Pacific Crest Power, LLC Delaware Juno Beach, FL Participates in a gas fired project. ****ESI Cannon Acquisitions LLC Delaware Juno Beach, FL Participates in a wind power project. *****Ridgetop Power Corporation California Juno Beach, FL Operates a wind power project. ******Ridgetop Energy, LLC Delaware Juno Beach, FL Operates a wind power project. ***FPL Energy Coldwater Creek, LLC Delaware Juno Beach, FL Inactive. ***FPL Energy Doswell Holdings, Florida Juno Beach Inactive. Inc. ****Doswell Funding Corporation Florida Juno Beach Inactive. ****UFG Holdings, Inc. Delaware Wilmington Manages intangible assets. ***FPL Energy Dry Fork, LLC Delaware Juno Beach, FL Simple cycle peaking project. ***FPL Energy East Mesa LLC Delaware Juno Beach, FL Participates in geothermal project. ***FPL Energy Equipment Facility, Delaware Juno Beach, FL Inactive. LLC ***FPL Energy Geo East Mesa Florida Juno Beach Participates in geothermal project. Partners, Inc. ****Gem Resources, LLC Delaware Juno Beach, FL Participates in geothermal project. ***FPL Energy Everett LLC Delaware Juno Beach, FL Develop and construct combined cycle natural gas project. ****Northwest Power Company, LLC Washington Juno Beach, FL Develop and construct combined cycle natural gas project. ***FPL Energy Forney, Inc. Florida Juno Beach Develop combined cycle natural gas project. ***FPL Energy Forney, LLC Delaware Juno Beach, FL Develop combined cycle natural gas project. ***FPL Energy Geysers, LLC Delaware Juno Beach, FL Inactive. ***FPL Energy Geysers Holdings I, Delaware Juno Beach, FL Inactive. LLC ***FPL Energy Geysers Holdings II, Delaware Juno Beach, FL Inactive. LLC ***FPL Energy Great Plains Wind, Delaware Juno Beach, FL Inactive. LLC ***FPL Energy GRP 91-2, LLC Delaware Juno Beach, FL Inactive. ****Green Ridge Power 91-2, LLC Delaware Juno Beach, FL Inactive. ***FPL Energy GRP 92, LLC Delaware Juno Beach, FL Inactive. ****Green Ridge Power 92, LLC Delaware Juno Beach, FL Inactive. ***FPL Energy Hancock County Delaware Juno Beach, FL Development of a wind facility. Wind, LLC ***FPL Energy Hancock County Delaware Juno Beach, FL Development of a wind facility. Wind Farm, LLC ***FPL Energy Island End GP, LLC Delaware Juno Beach, FL Inactive. ***FPL Energy Island End LP, LLC Delaware Juno Beach, FL Inactive. ***FPL Energy Lake Benton Delaware Juno Beach, FL Participate in a wind project. Acquisitions, LLC ****Lake Benton Power Partners Delaware Juno Beach, FL Participate in a wind project. II, LLC ***FPL Energy Linfield, LLC Delaware Juno Beach, FL Development of a natural gas project. ****Limerick Partners, LLC Connecticut Juno Beach, FL Development of a natural gas project. ***FPL Energy Livermore, LLC Delaware Juno Beach, FL Inactive. ***FPL Energy Marcus Hook LLC Delaware Juno Beach, FL Inactive. ****FPL Energy MH700, LLC Delaware Juno Beach, FL Inactive. ***FPL Energy MH50 GP, LLC Delaware Juno Beach, FL Participates in combined cycle natural gas project. ***FPL Energy MH50 LP,LLC Delaware Juno Beach, FL Participates in combined cycle natural gas project. ***FPL Energy Mojave, LLC Delaware Juno Beach, FL Inactive. ***FPL Energy Mojave Operating Delaware Juno Beach, FL Provides operating and maintenance services for Services, LLC wind projects. ***FPL Energy Morwind, LLC Delaware Juno Beach, FL Inactive. ****TPC Windfarms, LLC Delaware Juno Beach, FL Inactive. ***FPL Energy Operating Services, Florida Juno Beach Provides operating and maintenance services and Inc. fuel procurement for projects. ****FPL Energy Brady Power Florida Juno Beach Inactive. Services, Inc. ****FPL Energy Calistoga Florida Juno Beach Inactive. Power Services, Inc. ****FPL Energy CO2 Operations, Florida Juno Beach Inactive. Inc. ****FPL Energy Doswell Power Florida Juno Beach Inactive. Services, Inc. ****FPL Energy Virginia Power Florida Juno Beach Inactive. Services, Inc. ***FPL Energy Paris GP, LLC Delaware Juno Beach, FL Participates in a natural gas project. ***FPL Energy Paris LP, LLC Delaware Juno Beach, FL Participates in a natural gas project. ***FPL Energy Sacramento Power, Delaware Juno Beach, FL Inactive. LLC ***FPL Energy Pecos Wind I GP, Inc. Florida Juno Beach Development of a wind project. ***FPL Energy Pecos Wind I LP, Inc. Delaware Juno Beach, FL Development of a wind project. ***FPL Energy Pecos Wind II GP, Florida Juno Beach Development of a wind project. Inc. ***FPL Energy Pecos Wind II GP, Delaware Juno Beach, FL Development of a wind project. LLC ***FPL Energy Solar Funding Corp. Florida Juno Beach Inactive. ****FPL Energy Caithness Funding Delaware Juno Beach, FL Participates in a solar electric generating system. Corporation ***FPL Energy Vansycle LLC Florida Juno Beach Participates in a wind powered project. ***FPL Energy Western Development, Delaware Juno Beach, FL Inactive. LLC ***FPL Energy Windridge Delaware Juno Beach, FL Inactive. Acquisitions, LLC ****Windridge LLC Delaware Juno Beach, FL Inactive. ***FPL Energy Wisconsin Holdings, Delaware Juno Beach, FL Inactive. LLC ****FPL Energy Wisconsin Wind, LLC Delaware Juno Beach, FL Inactive. ***FPLE Rhode Island State Florida Juno Beach Participates in a natural gas project. Energy GP, Inc. ***FPLE Rhode Island State Delaware Juno Beach, FL Participates in a natural gas project. Energy LP, LLC ***Gray County Wind Energy, Delaware Juno Beach, FL Inactive. LLC ***Harper Lake Acquisitions, Inc. Florida Juno Beach Inactive. ***Harper Lake Holdings, Inc. Florida Juno Beach Inactive. ***Harper Lake Management, Inc. Florida Juno Beach Inactive. ***High Desert Land Acquisition Delaware Juno Beach, FL Holds land. LLC ***High Winds Holdings, LLC Delaware Juno Beach, FL Inactive. ****High Winds, LLC Delaware Juno Beach, FL Inactive. ***Hyperion VIII, Inc. Florida Juno Beach Participates in a solar electric generating system. ***Hyperion IX, Inc. Florida Juno Beach Participates in a solar electric generating system. ***MES Financial Corp. Delaware Wilmington Manages intangible assets. ***Midway Power, LLC Delaware Juno Beach, FL Development of an electric generating system. ***NG Acquisition LLC Florida Juno Beach Inactive. ****Nevada Geothermal Holdings Florida Juno Beach Inactive. L.L.C. ***Northern Cross Investments, Delaware Juno Beach, FL Manages intangible assets. Inc. ***FPLE Oceanside Energy Center Delaware Juno Beach, FL Inactive. LLC ****Oceanside Energy Center LLC Delaware Juno Beach, FL Inactive. ***Opal Holdings, LLC Delaware Juno Beach, FL Inactive. ***Philadelphia Refinery Delaware Juno Beach, FL Inactive. Generation, LLC ****FPL Energy PRG, LLC Delaware Juno Beach, FL Inactive. ***Southern Sierra Power, LLC Delaware Juno Beach, FL Participates in a wind project. ***Sullivan Street Investments, Delaware Juno Beach, FL Manages intangible assets. Inc. ***Yadkin River Power Company, LLC Delaware Juno Beach, FL Inactive. **FPL Energy East Mesa Holdings Delaware Juno Beach, FL Participates in a geothermal project. LLC **FPL Energy Maine, Inc. Delaware Juno Beach, FL To acquire generation assets of a power company. ***FPL Energy Cape, LLC Delaware Juno Beach, FL Participates in a waste wood project and fossil generation. ***FPL Energy Maine Holdings, LLC Delaware Juno Beach, FL Participates in a waste wood project and fossil generation. ****Avec Holdings, LLC Delaware Juno Beach, FL Participates in a waste wood project and fossil generation. *****Aroostock Valley Electric Delaware Juno Beach, FL To acquire ownership of a power company. Company ***FPL Energy Maine Hydro LLC Delaware Juno Beach, FL To acquire ownership of a power plant. ****Kennebec Hydro Resources, Inc. Maine Juno Beach, FL To acquire ownership in hydroelectric company. ****Kennebec Water Power Company, Maine Juno Beach, FL Participates in a waste wood project and fossil Inc. generation. ***FPL Energy Maine Operating Delaware Juno Beach, FL Provides operating and maintenance services for Services LLC a power company. ***FPL Energy Mason LLC Delaware Juno Beach, FL To acquire ownership of a power company. ***FPL Energy Spruce Point LLC Delaware Juno Beach, FL Provides services for fossil and hydroelectric companies. ***FPL Energy Wyman LLC Delaware Juno Beach, FL To acquire ownership of a power plant. ***FPL Energy Wyman IV LLC Delaware Juno Beach, FL To acquire ownership of a power plant. **FPL Group International, Inc. Florida Juno Beach Inactive. ***Crete I Cayman, Inc. Cayman Cayman Islands Inactive. Islands, B.W.I. ***Crete II Cayman, Inc. Cayman Cayman Islands Inactive. Islands, B.W.I. ***Crete III Cayman, Inc. Cayman Cayman Islands Inactive. Islands, B.W.I. ***Faeto Cayman, Inc. Cayman Cayman Islands Inactive. Islands, B.W.I. ***FPL Energy Brazil I, LLC Delaware Juno Beach, FL Inactive. ***FPL Energy Brazil II, LLC Delaware Juno Beach, FL Inactive. ***FPL Group Argentina, Inc. Florida Juno Beach Inactive. ***FPL Group International Florida Juno Beach Inactive. South America, Inc. ****FPL Group International Cayman Cayman Islands Inactive. Brazil (Cayman) I, Inc. Islands, B.W.I. *****FPL-I Brasil, LTDA. Brazil Brazil Inactive. ****FPL Group International Cayman Cayman Islands Inactive. Brazil (Cayman) II, Inc. Islands, B.W.I. ***FPL Group International Florida Juno Beach Inactive. South America II, Inc. ***FPL-1 TPP, Inc. Cayman Cayman Islands Inactive. Islands, B.W.I. ***FPL TermoCandelaria, Inc. Florida Juno Beach Inactive. ***FPL International Holdings Cayman Cayman Islands Inactive. II, Inc. Islands, B.W.I. ***Owenreagh Cayman, Inc. Cayman Cayman Islands Inactive. Islands, B.W.I. ***FPL Mamonal, Inc. Florida Juno Beach Inactive. ***Karaha Bodas Investment Corp. Cayman Cayman Islands Inactive. Islands, B.W.I. *****Karaha Bodas Company, LLC Cayman Cayman Islands Inactive. Islands, B.W.I. ***Monte San Giorgio Cayman, Inc. Cayman Cayman Islands Inactive. Islands, B.W.I. ***Mynydd Gordu Cayman, Inc. Cayman Cayman Islands Inactive. Islands, B.W.I. ***Riva-Caleone Cayman, Inc. Cayman Cayman Islands Inactive. Islands, B.W.I. ***San Bartolomeo Cayman, Inc. Cayman Cayman Islands Inactive. Islands, B.W.I. ***Werfa Cayman, Inc. Cayman Cayman Islands Inactive. Islands, B.W.I. **FPL Energy Power Marketing, Inc. Florida Juno Beach Provides retail marketing services. **FPL Energy Project Management, Florida Juno Beach Provides employee services. Inc. **Square Lake Holdings, Inc. Delaware Juno Beach, FL Set up to acquire a project. *FPL Holdings Inc Florida Juno Beach Holds certain fixed assets used by FPL Group. **Colonial Penn Capital Delaware Juno Beach, FL Holds the stock of Bay Loan and Investment Holdings, Inc. Bank. *FPL Investments, Inc. Florida Juno Beach Manages a leveraged lease portfolio. *FPL FiberNet, LLC Delaware Miami, FL Exempt telecommunications company. *FPL Energy Services, Inc. Florida Miami Formed to provide ongoing services to implement energy programs. **EDMpro.com, Inc. Delaware Juno Beach, FL Data management company. **FPL Thermal Systems, Inc. Florida Juno Beach Build, own and operate district cooling facilities. *FPL Group Holdings 1, Inc. Florida Juno Beach Inactive. *FPL Group Holdings 2, Inc. Florida Juno Beach Inactive. *HJT Holdings, Inc. Delaware Wilmington Manages intangible assets. *LCR Holdings, Inc. Delaware Wilmington Manages intangible assets. *EMB Investments, Inc. Delaware Wilmington Manages intangible assets. *Palms Insurance Company, Cayman Cayman Islands Operates as a captive insurance company Limited Islands, primarily engaged in reinsuring liability B.W.I. insurance coverage for FPL Group, Inc. and its subsidiaries. *Praxis Group, Inc. Delaware Miami, FL Holds certain immaterial assets and liabilities, but no longer actively in business. *QualTec Professional Florida Miami Holds certain immaterial assets and Services, Inc. liabilities but no longer actively in business. *Turner Foods Corporation Florida Punta Gorda Holding company. *West Boca Security, Inc. Delaware Wilmington Holds note receivable.