1. Horizon Wind Energy Presents Meridian Way Wind Farm

2. Who We Are Horizon Wind Energy develops, constructs, owns and operates wind farms throughout the U.S. Originally Zilkha Renewable Energy. Acquired by Goldman Sachs in 2005 and renamed Horizon Wind Energy. Acquired by Energias de Portugal (EDP) in 2007. Headquartered in Houston with regional offices in New York, Oregon, California, Oklahoma, Minnesota and Illinois –Overland Park, Kansas office opening in December 2007 Over 160 employees By the end of 2007, will have developed more than 2000 MW of operating wind farms, placing Horizon 3 rd in the U.S. in MW owned

3. What We’ve Done Tierras Morenas 24 MW, Costa Rica Blue Canyon Wind Farm 225 MW, n ear Lawton OK Top of Iowa Wind Farm 80 MW, Worth County Iowa Maple Ridge Wind Farm 322 MW, Lewis County NY Lone Star 400 MW, Shackelford County TX Twin Groves 396 MW, McLean County IL Elkhorn Valley 100 MW, Union County WA Prairie Star 100 MW, Mower County MN

4. Meridian Way Wind Farm Support from wildlife community Exceptional community backing Short and robust interconnect Excellent wind resource First 105 MW sold under PPA to Empire 2 nd 96 MW PPA being pursued Project NameMeridian Way Wind Farm Size (MW)201 CountyCloud CODNovember, 2008 ISOSPP Acres Under Control20,000+ Land UseFarming/Ranch Relationships with wildlife stakeholders and Kansas Biological Survey resulted in optimal site selection.

5. About the Name Meridian Way Wind Farm Objective: identify nexus between community and wind farm U.S. Route –Formerly known as Meridian Road –Historically significant –Farm-to-market road –Intersects county, Concordia and the wind farm

6. Meridian Way Wind Farm Excellent wind resource – Located in a Class 4 wind site Exceptional community support Close to load centers

7. Turbines Frame Agreement with Vestas V90 3.0MW turbine State-of-the-art technology Fewer turbines required –Decreased environmental impact –Light-weight technology decreases Stress on components Established reliability Highly efficient turbine Dynamic reactive power capability

8. Construction Horizon has significant construction management experience overseeing contractors BOP contractor will construct under Horizon supervision Construction to begin March 2008 Operational by end of 2008

9. Operations & Maintenance Horizon will provide on-site management of the Cloud County Wind Farm –Operations group has significant experience operating wind projects throughout the country Vestas will provide maintenance during warranty period