Decision On Midwest Commercial Generation

In February 2014, the company began a process to exit our Midwest commercial generation business, which includes ownership interest in 13 power plants with a total capacity of about 6,600 MW. Although the plants are equipped with significant environmental controls and are competitive in the market, their financial returns have been volatile and not a good long-term strategic fit for the company.

We will continue to safely operate these plants during this process, which we expect will take up to 12 to 18 months. Our regulated utilities in the Midwest are not part of the exit process.