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Fpl Group Tops Fortune ® Magazine's 'Most Admired'

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Fpl Group Tops Fortune ® Magazine's 'Most Admired' ENERGYnow A publication for and about FPL Group employees Vol. 1 No. 2 Inside This Issue Leadership ...........2 Leadership Perspective: The source of excellence: our people Business/ Industry .......... 2-4 EarthEraTM: Leading change in America’s energy future / FPL builds West County Unit 3 / FPL Group Connection / Industry Insight / Duane Arnold prepares for power uprate / FPL’s reliability is ‘best ever’ / 8 teams vie for coveted award Discover ..............5 Great question: What is the FPL rate proceeding? / Investing in Florida’s energy future Take Action .....6-8 Get engaged: Workshop ® helps define goals / Loaned FPL Group tops Fortune magazine’s facilitators lead new diversity course / Notification system reaches out / EAP stands ready ‘Most Admired’ list for 3rd straight year to help / Health Champion: Joy Doner Mazzeo controls diabetes For the third consecutive year, FPL Group employees have card on corporate reputations. with Steps to Success / ‘Why do a reason to celebrate. Fortune® magazine once again named you work safely?’ posters debut To select its Most Admired Companies, Fortune started / Recognizing ZERO Today! / It us No. 1 in the electric and gas category in its 2009 list of with some 1,400 companies: the Fortune 1,000 – the only takes a second … “Most Admired Companies.” 1,000 largest U.S. companies ranked by revenue; non-U.S. “To be ranked No. 1 in our peer group three years in a companies in Fortune’s Global 500 database with revenues Good neighbor ....9 row is a tremendous honor and a source of pride for FPL of $10 billion or more; and the top foreign companies Donation opens 24-hour N.D. Group’s more than 15,000 employees,” said FPL Group operating in the U.S. The survey team then sorted the wellness facility / Team helps Chairman and Chief Executive Officer Lew Hay. “This companies by industry and selected the 15 largest for Quebec museum / FPL Power Dogs walk / Showing customers recognition is a tribute to the hard work, talent and each international industry and the 10 largest for each that FPL cares dedication of each of our employees who give their ‘all’ to U.S. industry. Sorted into 64 industries, a total of 689 the company and our customers, day in and day out.” companies from 28 countries were surveyed to identify FPL Group those with the strongest reputations. FPL Group’s No. 1 status on the Most Admired News ..................10 Companies list comes in addition to current No. 1 The survey team asked executives, directors and analysts St. Lucie plant receives positive standings for NextEra Energy Resources in U.S. wind- to rate companies in their own industry on a variety drill feedback / Tree tips and solar-power generation, and FPL’s top ranking in the of criteria. Because the survey polls a broad array of provide customers with more nation for energy efficiency. competitors and analysts thoroughly familiar with each reliable service / Team reviews industry, a No. 1 ranking recognizes FPL Group as being 1st-year results A revamped list the best of the best in the electric and gas sector. People .................11 This year, the Fortune Most Admired list combines the Plans call for savings of $1M / former America’s Most Admired Company survey and Providing excellent value Making assets even better / former World’s Most Admired Company rankings into In addition to being named the most admired leader A century of service a single list as a better representation of the competitive overall in its sector, FPL Group ranked No. 1 in seven landscape faced by today’s companies. The new Most out of the nine categories evaluated: innovation, people Big Picture .........12 Admired Companies list is viewed as the ultimate report management, use of corporate assets, Alternative Spring Break Continued on page 3 VOL. 1, NO. 2 | April 2009 ENERGY now 1 FPL builds West County Unit 3 FPL has begun construction on Unit 3 of its Next Generation Clean Energy Center in Loxahatchee, Fla. Once completed, West County Energy Center will be comprised of three state-of-the-art, natural gas-fired combined-cycle generating units providing safe, reliable, clean energy for South Florida. Units 1 and 2 will begin serving customers this year; Unit 3 will begin serving customers in 2011. Once all three units are online, the highly efficient power plant will be able to produce approximately 3,750 megawatts of clean energy, enough to serve roughly 750,000 homes and businesses. Starting in early 2011, all three units will use reclaimed water from Palm Beach County as Leadership Perspective: their primary water source. West County Plant General Manager Carmine Priore speaks with pride about FPL’s commitment to environmental stewardship. “The units will be equipped with the most advanced technology,” said Carmine, “making them the cleanest The source of of their kind in Florida and among the cleanest of their kind in the nation.” excellence: our people In any business, one of the most important determinants of success is the pursuit of excellence. Excellent companies tend to have many of the same characteristics. They have good financial performance, strong products and services, high-quality customer service, and a culture of continuous improvement. The source of all these attributes is the most important asset any company can have: its people. FPL Group is privileged to have talented and engaged people who truly drive excellence in all areas of our company. Our employees at all levels have a passion to be the best. We as a company also benefit greatly when we provide opportunities that challenge our thinking and rely on our problem solving and creativity. The recent “Recognition of Excellence” (ROE) competitions, conducted in a number of business units, are a great example EarthEraTM marketing team members (l-r) Rick Anderson, Janet Smith and Jim Poulios are working with leading companies to develop of tapping into the ingenuity and competitive drive of our climate-friendly products for retail markets. people. The ROE competitions are a bit like college basketball’s “March Madness” tournament. Teams of employees who have ™ been engaged in solving complex business problems at both EarthEra : Leading the change FPL and NextEra Energy Resources compete with each other by presenting their projects, and the winners earn the right in America’s energy future to continue on to the “Elite Eight” of our own championship tournament, the James L. Broadhead Award competition. With the launch of the EarthEra™ initiative, businesses and consumers now have an This year’s event will be held on April 14, with the companion opportunity to make a real difference in the fight against climate change. Quality & Safety Expo to follow on April 17. Presented by NextEra Energy Resources, the nation’s leading provider of renewable energy, the innovative EarthEra program encourages everyone – from large corporate partners to concerned Each year, the project teams showcased in these events individuals – to account for their carbon footprint while helping build more wind and solar demonstrate increasingly greater depth of talent and power across the nation. The program is an exciting collaboration between NextEra Energy resourcefulness in solving ever-more-complex business Resources, which is America’s clean-energy leader, and customers who want to help change the challenges. This year’s competition promises to be as exciting country’s energy future. as ever, as each team vies passionately for the coveted Broadhead Cup. Participation is easy. When companies and consumers purchase EarthEra-related products to offset their carbon footprint, the program directs all revenue to the EarthEra Renewable Energy Trust. The Broadhead competition is one way for us as a company The trust uses every penny – 100 percent – to build more wind and solar power. to bring out our best, but each of us can generate solutions and provide high-impact results on our own. Stay engaged, “Businesses and consumers see the need for proactive solutions that fight climate change and take ownership, and contribute your ideas every day. Together, reduce our dependence on foreign fuels,” said NextEra Energy Resources Vice President Nate we can bring out the power in all of us – the power to achieve Hanson. “The EarthEra program gives them confidence, knowing a company with our size and excellence. expertise is leading the effort in such a dynamic way.” The EarthEra Renewable Energy Trust has already accumulated more than $5 million from well-known organizations, including Office Depot, Norwegian Cruise Lines and outdoor retailer REI. The EarthEra marketing team is also working with leading companies to develop climate-friendly products for retail markets. Learn more about this exciting new program, calculate your carbon impact and join the EarthEra community at www.EarthEra.com. Christopher Bennett Executive Vice President and Chief Strategy, Policy and Business Process Improvement Officer, FPL Group 2 ENERGY now VOL. 1, NO. 2 | April 2009 Continued from page 1 social responsibility, quality of management, financial soundness, and quality of products and services. “While we should all take great pride in this ranking, how our customers view us is most important,” said Lew. “Our continued success is in large part the result of our relentless focus on our customers. As a company, we are absolutely committed to providing excellent value and superior service to those who depend on us to meet their energy needs.” Earlier this year, FPL Group was selected by Corporate Knights and Innovest for the fifth straight year as one of the “Global 100” most sustainable large corporations in the world. In addition, CRO (Corporate Responsibility Officer) magazine and IW Financial named FPL Group one of the “100 Best Corporate Citizens” in the United States in 2008. In good company There is no higher praise than the respect of one’s FPL senior line specialists Pat Ritter (left) and Vernon Ashton transfer electrical equipment to a new pole that will help increase the colleagues and competitors.
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