NRCO Members Contract 2nd PA Wind Farm

CARMEL, Ind., July 5, 2011 /PRNewswire/ –The National Renewables Cooperative
Organization (NRCO) is excited to announce the successful completion of two
purchase power agreements between NRCO Members and BP Wind Energy. This
transaction represents the second renewable energy project that NRCO has vetted,
recommended, and negotiated on behalf of its member cooperatives.

Under separate purchased power agreements (PPAs), Southern Maryland Electric
Cooperative Inc. (SMECO), a customer-owned electric utility based in
Hughesville, MD, and Old Dominion Electric Cooperative (ODEC), a Glen Allen,
VA-based cooperative that supplies wholesale power to 11 member distribution
cooperatives in Virginia, Maryland and Delaware, have agreed to purchase energy
and associated environmental attributes for the next 20 years from the Mehoopany
Wind Farm in Wyoming County, Pennsylvania. The project, to be constructed,
owned, and operated by BP Wind Energy, is slated to have a nameplate capacity of
144 MWs. The facility is expected to achieve commercial operations in late 2012.
SMECO has contracted to purchase 30 MWs or about 21% of the facility’s output,
while ODEC will purchase 75 MWs or 52% of the energy.

“NRCO has once again brought together two of our members in the joint
subscription of another wind project. We are proud of our members’ dedication to
incorporating affordable renewable energy into their portfolios and we are
confident this latest project makes a valuable addition,” said Amadou Fall, CEO
of NRCO. NRCO functions as a clearinghouse for renewable development
opportunities while aggregating its members’ renewable energy needs. NRCO and
its member cooperatives, which include G&T and distribution cooperatives with
over 39,000 MWs of generation and serving 11 million electric customers in the
United States, are pioneers in the concept of bringing together power supply and
distribution cooperatives from different regions of the country to access
large-scale renewable projects located throughout the continental United States.

Austin J. Slater, Jr., SMECO president and CEO, said, “Our investment in
renewable energy gives our customer-members something they have been looking
for: clean energy at an affordable rate. As good stewards of the environment, we
like the clean and renewable aspects of wind energy. As good stewards of our
cooperative organization, we like the affordable rates this wind farm project
provides for our customer-members.”

Slater added, “We have worked with NRCO to acquire additional renewable energy
resources, and their professionalism and expertise has guided us through
fruitful and beneficial negotiations.”

“We are pleased to add the Mehoopany Wind Project to our portfolio of
purchased-power resources,” said Jack Reasor, president and CEO of Old Dominion
Electric Cooperative. “We greatly appreciate NRCO’s efforts in facilitating this
agreement — NRCO does a superb job helping electric cooperatives across the
nation find and secure economically viable renewable-energy resources. The
Mehoopany Wind Farm agreement is yet another example of the cooperative business
philosophy and how electric cooperatives can work together for the best
interests of their consumer members.”

“Today’s announcement is testimony to the team at NRCO for their successful
delivery of PPA negotiations on behalf of their member cooperatives SMECO and
ODEC,” said John Graham, president and CEO, BP Wind Energy. “These agreements
mark a milestone in the development of the Mehoopany Wind Farm and we look
forward to making our first investment in a wind project in the state of
Pennsylvania.”

About NRCO:

Cooperatives across the country formed the National Renewables Cooperative
Organization (NRCO) to promote and facilitate the development of renewable
energy resources for its members. NRCO’s main purposes are to facilitate the
cost-effective, joint development of renewable resources nationwide for its
cooperative owners, helping its owners meet the requirements of voluntary and
mandatory Renewable Energy Standards (RES).

Membership in the NRCO is open to generation and transmission cooperatives
(G&Ts) and distribution cooperatives that have the legal ability to buy power in
the wholesale market. Members located in areas that may not have renewable
resources can participate in projects across the United States through renewable
projects originated and/or developed by NRCO. For more information, please visit
www.nrco.coop.

About ODEC:

Old Dominion Electric Cooperative (ODEC) is a generation-and-transmission
cooperative that provides wholesale power to 11 member electric distribution
cooperatives in Virginia, Maryland and Delaware. ODEC and its member systems are
not-for-profit electric cooperative that are owned by the consumer-members they
serve. For more information, please visit www.odec.com.

About SMECO:

SMECO is a customer-owned electric distribution cooperative based in
Hughesville, MD and serving 150,000 customers. SMECO serves southern Prince
George’s County, Charles County, St. Mary’s County, and all but the northeast
portion of Calvert County. SMECO contracts with wholesale power providers to
meet the energy needs of its members. For more information on SMECO visit
www.smeco.coop.

About BP Wind Energy:

BP Wind Energy is a principal owner and operator of wind power facilities with
interests in 13 wind farms. BP Wind Energy has a gross installed capacity of
nearly 1600 MW – enough electricity to power approximately 500,000 average
American homes. For more information, visit the company’s Web site at

http://www.bpalternativenergy.com.

MEDIA CONTACTS:
Katie Shults, Renewables Developer, NRCO katie.shults@nrco.coop
Tom Mueller, BP Press Office, 281 366 1236

SOURCE National Renewables Cooperative Organization