Message-ID: <13667399.1075852777160.JavaMail.evans@thyme> Date: Fri, 26 Oct 2001 03:01:34 -0700 (PDT) From: emaildelivery@businesswire.com To: tx-industrial-info-res@businesswire.com Subject: LS Power Shifts Focus Towards Development of New Coal-Fired Plants, in an Advisory by Industrialinfo.com Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: emaildelivery@businesswire.com X-To: TX-INDUSTRIAL-INFO-RES@businesswire.com X-cc: X-bcc: X-Folder: \JSTEPENO (Non-Privileged)\Deleted Items X-Origin: Stepenovitch-J X-FileName: JSTEPENO (Non-Privileged).pst Welcome to eMail News Delivery, a service from Business Wire. Here is your Industrial Information Resources Inc. news release. If you have received this in error please send a message to: eMailDelivery@businesswire.com with the following command in the body of the message: unsubscribe TX-INDUSTRIAL-INFO-RES If you have questions about this service, please contact your Business Wire Account Executive or service@businesswire.com BW2008 OCT 26,2001 3:00 PACIFIC 06:00 EASTERN ( BW)(TX-INDUSTRIAL-INFO-RES) LS Power Shifts Focus Towards Development of New Coal-Fired Plants, in an Advisory by Industrialinfo.com Business/Energy Editors HOUSTON--(BUSINESS WIRE)--Oct. 26, 2001--The following is an advisory by Industrialinfo.com (Industrial Information Resources, Inc.; Houston, Texas). LS Power Development LLC (East Brunswick, N.J.), a fast growing Private Energy Producer (PEP) and developer, has shifted its focus towards the development of new coal-fired power plants. Once a very active player in the race to construct new natural gas-fired generating plants, LS Power announced in late 2000 plans to divest some 5,633 megawatts (MW) of natural gas-fired operating plants and projects in construction and advanced development. The sale to NRG Energy Incorporated (Minneapolis) (NYSE:NRG) was finalized in early 2001 and included ten natural gas-fired projects located in Illinois, Mississippi, Florida and Texas. LS Power has not ruled out further development of new natural gas-fired power plants, but in recent months has announced aggressive plans for development of new coal-fired generating stations. Research conducted by IndustrialInfo.com has identified six coal-fired projects in the early stages of development being proposed by LS Power. If built, these projects would be located in at least five different states and represent over 6,000MW coming into operation by 2007. Announcements for an additional six coal-fired projects could be forthcoming by LS Power over the next several months. LS Power Development LLC is a privately held Private Energy Producer that develops, finances, owns and manages independent power projects in the United States with headquarters in East Brunswick, N.J., and a major development office in Saint Louis. Industrialinfo.com provides daily news related to the industrial market place including industry alerts and databases for the energy and industrial markets. For more information on trends and upcoming construction activities for the Energy and Power markets as well as other industrial sectors send inquiries to powergroup@industrialinfo.com or visit us at www.iirenergy.com and www.industrialinfo.com. --30--HM/ho* CONTACT: Industrialinfo.com, Houston Joseph Govreau, 713/783-5147 KEYWORD: FLORIDA ILLINOIS MISSISSIPPI TEXAS MINNESOTA MISSOURI NEW JERSEY INDUSTRY KEYWORD: ENERGY ENVIRONMENT OIL/GAS UTILITIES SOURCE: Industrialinfo.com For the best viewing of the news releases please use the following email settings: Courier 10 point. -Notice of Copyright and General Disclaimer- (c) 2000 Business Wire. All of the releases provided by Business Wire are protected by copyright and other applicable laws, treaties and conventions. Information contained in the releases is furnished by Business Wire`s members who are solely responsible for their content, accuracy and originality. All reproduction, other than for an individual user`s reference, is prohibited without prior written permission. - Notice of Copyright and General Disclaimer -- (c) 1999 Business Wire. All of the releases provided by Business Wire are protected by copyright and other applicable laws, treaties and conventions. Information contained in the releases is furnished by Business Wire`s members who are solely responsible for their content, accuracy and originality. All reproduction, other than for an individual user`s reference, is prohibited without prior written permission.