Direct Energy purchases 200MW from Horizon Wind

Direct Energy has signed a 15-year power purchase agreement with Horizon Wind Energy's Lone Star Wind Farm.

Horizon is a subsidiary of Goldman Sachs Group, Inc. Direct Energy will purchase all energy output and Renewable Energy Credits (RECs) from the 200MW project located 15 miles northeast of Abilene, Texas, USA. The wind farm is scheduled to be complete and operational in the spring of 2007.