LAS VEGAS, April 11 /PRNewswire/ -- Mirant Corp. (NYSE: MIR) and Apex Industrial Park joined forces today to dedicate and break ground for the Apex Generating Station located on 90 acres in the Apex Industrial Park.

The generating station, a state-of-the-art 1,100 megawatt natural gas- fired power plant, will provide enough electricity to keep the lights on for more than 1 million area customers.

In response to the 1988 industrial plant explosion, Apex Industrial Park was created through Public Law 101-67 to allow for heavy industrial activities to be located outside the Las Vegas Valley.

"In 1997, Apex Industrial Park, a private corporation, purchased 10,000 acres in Clark County. In addition, over the next 10-15 years we plan to invest more than $200 million on infrastructure projects, including more than 40 miles of roads and waterlines," said Dave Carver, president of Apex Industrial Park.

"The Las Vegas region is one of the fastest growing areas in the country," said Randy Harrison, CEO of Mirant Americas' West Region. "The Apex generating station will allow us to help ensure that growth continues by providing reliable and affordable energy to southern Nevada," he added.

Mirant is a global competitive energy company with a leading position in both power generation and energy risk management and marketing. With an integrated business model, Mirant develops, constructs, owns and operates power plants and sells wholesale electricity, natural gas and other energy commodities. Headquartered in Atlanta, with 7,000 employees worldwide, Mirant has extensive operations in North America, Europe, and Asia. Mirant owns or controls more than 20,000 megawatts of electric generation capacity around the world, with another 9,000 megawatts under development. Mirant also controls an extensive natural gas asset base in North America, including transportation, storage and access to approximately 3.7 billion cubic feet per day of gas production.

Caution regarding forward-looking statements:

The information presented above includes forward-looking statements, in addition to historical information. Mirant cautions that there can be no assurance that such indicative results will be realized and that there are various important factors that could cause actual results to differ materially from those indicated in the forward-looking statements, such as, but not limited to, (i) changes in government regulations (including environmental regulations) and anticipated deregulation of the electric energy industry; (ii) additional competition in Mirant's markets; (iii) potential business strategies, including acquisitions or dispositions of assets that Mirant may pursue; (iv) political, legal and economic conditions and developments in Mirant's markets; (v) financial market conditions and the results of financing efforts; (vi) changes in commodity prices and interest rates; (vii) weather and other natural phenomena; (viii) the performance of Mirant projects and investments and the success of efforts to develop new opportunities; and (ix) other factors, whether discussed above or in reports filed by Mirant and Southern Company (and its subsidiaries) with the Securities and Exchange Commission. SOURCE Mirant Corporation

CONTACT: Adam Titus of Apex Industrial Park, 702-838-1253, or Brian O'Neel of Mirant Corporation, 916-498-3062/