Offshore Wind Transmission Project Selects Bechtel, Alstom to Build Historic Project

  Offshore Wind Transmission Project Selects Bechtel, Alstom to Build Historic
  Project

Business Wire

WASHINGTON -- January 17, 2013

The Atlantic Wind Connection (AWC), developer of the New Jersey Energy Link,
the first offshore backbone electricity transmission system proposed in the
United States, will announce Thursday that it has selected major construction
and design firm Bechtel as its Engineering, Procurement and Construction (EPC)
Contractor and international power equipment supplier Alstom as its HVDC
technical advisor for this first phase of the historic Atlantic Wind
Connection project.

"Bechtel and Alstom are global leaders in the design and execution of complex
power projects and both have successfully completed projects across the
globe," said Robert Mitchell, CEO of the Atlantic Wind Connection. "The
quality of these industry leaders is a welcome addition to our team and they
will play a significant role in the successful construction of the New Jersey
Energy Link."

The New Jersey Energy Link will be an offshore electrical transmission cable,
buried under the ocean, linking energy resources and users in northern,
central and southern New Jersey. The cable will span the length of New Jersey
and when complete could carry 3,000MW of electricity. The New Jersey Energy
Link is expected to be built in three phases over a decade. The New Jersey
Energy Link is expected to begin construction in 2016 and the first phase to
be in service in 2019.

Bechtel will serve as EPC contractor for the first phase of the New Jersey
Energy Link and will engineer, design, and install onshore transmission lines
and substations: two onshore convertor stations and one offshore converter
station that will make up the New Jersey Energy Link backbone. Bechtel will
also oversee the installation of advanced HVDC converter technology and high
voltage DC cables to bring power from the offshore wind turbines to the
onshore converter stations. The project will also improve the reliability of
New Jersey's power grid and help lower electricity prices by delivering both
offshore wind and conventional electricity to where it is needed and when it
is needed along the coast, whether that be southern, central or northern New
Jersey.

"We are building a landmark high-capacity transmission superhighway that will
deliver offshore wind energy to New Jersey using the most advanced technology
available today," said Toby Seay, president of Bechtel's transmission business
line. "Bechtel and Atlantic Wind Connection share a high commitment to hiring
and training New Jersey workers for this project."

Alstom will serve as the HVDC technical advisor for the project. In that
capacity, Alstom will provide technical advice to the project, in particular,
concerning the manufacture and delivery of the 320 kV HVDC multi-terminal
system components. With their HVDC MaxSineTM Voltage Source Converters (VSC),
they are one of only a few firms in the world versed in technology related to
multi-terminal HVDC systems including the project's plans to provide
connections with a series of 1 GW offshore converter "hubs" to onshore
converters. This multi-terminal HVDC offshore network will transform the 138
kV or 230 kV alternating current output from offshore wind farm electric
service platforms into DC for transmission at 320 kV DC to onshore converters
that will be connected to the PJM grid.

"We are very pleased that Alstom's technical expertise will play an important
role in this advanced New Jersey offshore wind energy transmission project,"
said Patrick Plas, Senior Vice President, Alstom Grid. "Based on our proven
capability to design, manufacture and supply large HVDC and HVAC projects and
equipment worldwide we are confident we can provide the HVDC expertise
required by the project. All of the Alstom teams involved in the Atlantic Wind
Connection project are concentrated and dedicated to ensuring that the project
will be one of the most technologically reliable electric transmission systems
in the world and drive the shift to renewable energy in the USA."

The Atlantic Wind Connection backbone transmission project is led by
well-established independent transmission company Trans-Elect with Atlantic
Grid Development as the project developer and Google, Bregal Energy, Marubeni
Corporation and Elia as sponsors. The AWC backbone transmission project is an
essential foundation to establishing the offshore wind energy industry.

Contact:

Atlantic Wind Connection
Frank Maisano, 202-997-5932
frank.maisano@bgllp.com
or
Bechtel
Michelle Michael, 571-392-3881
mmichael@bechtel.com
or
Alstom
Tim Brown, 860-713-9530
timothy.s.brown@power.alstom.com