Duke Energy, Sumitomo to Dedicate Second Kansas Wind Farm

CHARLOTTE, N.C. - Duke Energy Renewables and Sumitomo Corp. of America, part of Tokyo-based Sumitomo Corp., announced today the completion of the second of the joint venture partners’ two Kansas wind farms – the Ironwood Windpower Project in Ford County.

Topeka-based Westar Energy purchases all of the zero-emission electricity and associated renewable energy credits produced by the 168-megawatt (MW) Ironwood Windpower Project under the terms of a 20-year agreement.

Duke Energy Renewables, a commercial business unit of Duke Energy, sold a 50-percent stake in Ironwood and the 131-MW Cimarron II Windpower Project in Gray County to Sumitomo Corp. of America in April. Duke Energy Renewables operates and maintains Ironwood and Cimarron II, with Sumitomo Corp. of America actively involved in management of the projects.

The companies will host a dedication event for the Kansas windpower projects in Dodge City on Oct. 25, followed by a tour of the facilities.

About Duke Energy Renewables
Duke Energy Renewables, part of Duke Energy’s Commercial Businesses, is a leader in developing innovative wind and solar energy generation projects for customers throughout the United States. The company’s growing portfolio of commercial renewable assets includes 13 wind farms and 12 solar farms in operation in eight states, totaling more than 1,200 megawatts in electric-generating capacity. Learn more at www.duke-energy.com/renewables.

Headquartered in Charlotte, N.C., Duke Energy is a Fortune 250 company traded on the New York Stock Exchange under the symbol DUK. More information about the company is available on the Internet at: www.duke-energy.com.

About Sumitomo Corporation of America and Sumitomo Corporation
Sumitomo Corporation of America (SCOA) is a wholly owned subsidiary of Sumitomo Corporation (SC), a Japanese integrated trading and investment enterprise engaged in multifaceted business activities with consolidated assets of $87.8 billion. These activities include selling a variety of domestic products and services, conducting import/export and trilateral business transactions, providing domestic and international business investment, and participating in numerous other profitable activities facilitated by its global network and the relationships of trust built with corporate business partners and consumers in various industrial sectors around the world. With a 400-year history, the Company continues its efforts in conservation for the environment through its renewable energy activities. For more information, visit www.sumitomocorp.com or www.sumitomocorp.co.jp.