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Constellation Energy Dedicates Criterion Wind Project

^{Published on 2011-07-20 08:51:00 - Market Wire}
 

OAKLAND, Md.--([ BUSINESS WIRE ])--Constellation Energy (NYSE: CEG) held a ribbon cutting ceremony on July 19 for its Criterion Wind Project in Oakland. Local business and community leaders and landowners were on hand for the dedication, as was Maryland Del. Wendell Beitzel and W. Kevin Hughes, Gov. Martin Oa™Malleya™s deputy legislative officer.

"Criterion Wind is good for the environment and good for the economy"

The first wind facility to be built and operated in Maryland, the 70-megawatt (MW) Criterion Wind Project consists of 28 wind turbines constructed over an eight-mile stretch along Backbone Mountain in Garrett County. The facility will produce enough renewable energy to meet the electricity needs of approximately 23,000 households.

aCriterion Wind is good for the environment and good for the economy,a said Kathleen W. Hyle, senior vice president, Constellation Energy, and chief operating officer, Constellation Energy Resources. aThis new facility is part of Constellation Energya™s ongoing efforts to increase private-sector investment in renewable energy resources, helping Maryland meet its environmental goals and drive much-needed job growth. Wea™re looking forward to a long and successful partnership with the local community. Constellation is committed to being a good neighbor and corporate citizen.a

Criterion Wind began commercial operation in December 2010. The facility produces energy that is sent to electric transmission lines owned by Allegheny Energy, which serves western Maryland. Energy produced by Criterion Wind is sold to Old Dominion Electric Cooperative, which entered into a 20-year agreement to purchase the energy and renewable energy credits produced by the facility. Old Dominion is a nonprofit wholesale power provider serving public electric cooperatives in Maryland, Delaware and Virginia.

Constellation Energya™s growing clean energy portfolio includes more than 1,000 megawatts of renewable power generation owned or under contract from sources including utility-scale solar, hydro and biomass power plants. The company currently owns and operates approximately 95 megawatts of [ solar ] installations that have been completed or are under construction for commercial customers throughout the United States. As part of the state of Marylanda™s Generating Clean Horizons initiative, Constellation Energy is developing a [ 17.4 megawatt (DC) solar installation ] on land that will be leased from Mount St. Marya™s University in Emmitsburg, Md. Currently the largest planned solar photovoltaic power system in Maryland, the system is expected to produce more than 22 million kilowatt hours of emissions-free electricity per year.

About Constellation Energy

Constellation Energy ([ www.constellation.com ]) is a leading competitive supplier of power, natural gas and energy products and services for homes and businesses across the continental United States. It owns a diversified fleet of generating units, totaling approximately 12,000 megawatts of generating capacity, and is a leading advocate for clean, environmentally sustainable energy sources, such as solar power and nuclear energy. The company delivers electricity and natural gas through the Baltimore Gas and Electric Company (BGE), its regulated utility in Central Maryland. A FORTUNE 500 company headquartered in Baltimore, Constellation Energy had revenues of $14.3 billion in 2010.

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