We Energies Signs Agreement with Alliant Energy WindConnect

Blue Sky Green Field wind project construction to begin in June


MILWAUKEE, May 30 /PRNewswire/ — We Energies has selected Alliant Energy WindConnect(R) as the general contractor for the Blue Sky Green Field wind project in northeast Fond du Lac County.


Project construction will begin in June 2007, with the first activities including road building, cable installation, and foundation work. The first turbine equipment is expected to arrive in November 2007. The project, which includes 88 turbines, is expected to be commercially generating power within one year from the start of activities at the site.


WindConnect is the trade name of a business operated by Alliant Energy EPC, LLC. Since 1999, WindConnect has provided design-build services at 24 wind energy facilities in 17 states.


“We’re confident that the industry experience, attractive pricing and favorable terms that WindConnect brings to our team will result in a successful project,” said Andy Hesselbach, We Energies project manager for the Blue Sky Green Field wind project.


The effort will also include several major Wisconsin contractors who will work on the project for Madison-based WindConnect — Appleton-based Oscar J. Boldt Construction, Hooper Corporation of Madison, and Baumhardt Sand and Gravel Inc. of Eden. In addition, Waukesha Electric Systems of Waukesha has been awarded the contract to manufacture and install the main substation transformer.


“WindConnect is excited to be selected by We Energies to develop this landmark renewable energy project. Through the hard work and dedication of our experienced Wisconsin team, we are committed to its successful completion,” said WindConnect Vice President Frank Greb.


The 88 wind turbines of the Blue Sky Green Field wind project will be capable of powering approximately 36,000 residential homes. We Energies expects this investment in renewable energy to total approximately $300 million.


We Energies


We Energies serves more than 1.1 million electric customers in Wisconsin and Michigan’s Upper Peninsula and more than 1 million natural gas customers in Wisconsin. Its energy prices are approximately 10 percent below the average for major U.S. cities. We Energies is the trade name of Wisconsin Electric Power Company and Wisconsin Gas LLC, the principal utility subsidiaries of Wisconsin Energy Corporation (NYSE:WEC) . Visit the We Energies Web site at http://www.we-energies.com/. Learn more about Wisconsin Energy Corporation by visiting http://www.wisconsinenergy.com/.


Alliant Energy Corporation


Alliant Energy Corporation is a public utility holding company serving approximately 1 million electric and over 400,000 natural gas customers. Alliant Energy, headquartered in Madison, Wis., is a Fortune 1000 company traded on the New York Stock Exchange under the symbol LNT. WindConnect operates under Alliant Energy EPC, LLC, a non-regulated subsidiary of Alliant Energy, to provide wind energy development, design, engineering, and construction services across the U.S. Visit the WindConnect Web site at http://www.windconnect.com/ for more information. Learn more about Alliant Energy Corporation by visiting http://www.alliantenergy.com/.


Forward-Looking Statements


Certain statements contained herein are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based upon management’s current expectations and are subject to risks and uncertainties, including those matters described under the heading “Factors Affecting Results, Liquidity and Capital Resources” in Management’s Discussion and Analysis of Financial Condition and Results of Operations and under the headings “Cautionary Statement Regarding Forward- Looking Information” and “Risk Factors” contained in Wisconsin Electric Power Company’s Form 10-K for the year ended December 31, 2006 and other factors described in subsequent reports filed with the Securities and Exchange Commission, that could cause actual results to differ materially from those contemplated in the statements. Readers are cautioned not to place undue reliance on these forward-looking statements. In some cases, forward-looking statements may be identified by reference to a future period or periods or by the use of forward-looking terminology such as “anticipates,” “believes,” “estimates,” “expects,” “forecasts,” “intends,” “may,” “objectives,” “plans,” “possible,” “potential,” “projects” or similar terms or variations of these terms. We expressly disclaim any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.


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Source: We Energies