Paul Hanrahan Quotations

Our 2006 earnings guidance is fully consistent with our 2008 financial targets, which remain on track. We're starting 2006 on a strong note, with a high quality development pipeline.

We ended 2005 on a very strong note, and achieved record revenues and operating cash flow for the year. We successfully managed through a period of increased energy costs and generated higher free cash flow to improve our credit quality. Over the course of the year, we achieved many strategic milestones, including the acquisition of a major wind energy company in the U.S. and the start of many new projects and platform expansions in various markets around the world.

As India's economy continues to grow at a rate of 8 percent a year, demand for electricity is expected to further grow. India needs more capacity and they need it quickly in order to keep up with this tremendous growth.

India needs more capacity and they need it quickly in order to keep up with this tremendous growth.