press release

Texaco Press Release - Texaco and Edison Mission Energy Bring More Power to California

Sunrise Power Project Up and Running, Providing 320 Megawatts of Electricity

FOR RELEASE: WEDNESDAY, June 27, 2001.

BAKERSFIELD, CALIF., June 27 - Texaco and Edison Mission Energy, an Edison International company, today announced the completion and start up of Phase I of the jointly owned, 320 megawatt (MW) Sunrise Power Project, located in Kern County, Calif. To commemorate this event, Texaco and Edison Mission Energy were joined by Governor Gray Davis today in a ceremony to "switch on" California's newest power plant, which is fully operational and is providing electricity to the people of California more than one month ahead of schedule - just in time for the summer season.

Governor Gray Davis, James C. Houck, President of Texaco Power & Gasification and John Bryson, Edison International Chairman, CEO and President, celebrated the plant's achieving full commercial operation at a ribbon-cutting ceremony held at the plant site in western Kern County.

The Sunrise Power Project is being completed in two phases. Phase 1, which is currently operating, consists of a 320 MW, simple-cycle peaking facility. The plant is a state-of-the-art, gas-fired facility that was built in record time and meets or exceeds all pertinent environmental and safety standards. Phase 2 of the Sunrise Power Project will convert the peaking facility to a 560 MW, combined-cycle operation, which is scheduled to begin operation during the summer of 2003.

"Texaco is proud of having initiated the Sunrise Power Project and to be working with our partners to bring this much needed power to the California energy market," said Houck. "We believe this Project is a strong addition to the overall portfolio of joint projects we have with Edison Mission Energy. With the addition of the Sunrise Power Project, our jointly owned facilities deliver approximately 1,070 MW of power to the California grid, enough power for one million households.

"We are here today to recognize and thank the many groups who have contributed to completing this power plant construction," Houck added. "This plant would not be producing power for Californians right now without them."

Permitting approval for this project was obtained on an expedited basis with assistance from the Governor's Green Team and with cooperation from the California Energy Commission and San Joaquin Valley Air Pollution Control District and the other agencies involved. Construction management, labor, contractors, and equipment suppliers all demonstrated a high level of teamwork and commitment to bring the project on line as quickly as possible.

Updated: June 2001