Constellation Energy Acquires
Constellation Energy announced it has closed its agreement with Clipper Windpower to acquire the Criterion wind project in Garrett County and to purchase 28 Clipper Liberty 2.5-megawatt wind turbines for the project.
According to a release, the 70-megawatt project will be developed, constructed, owned and operated by Constellation Energy. It is estimated that up to 125 new jobs will be created during peak construction. Commercial operation of the wind energy facility is anticipated by year-end. The project has entered into a 20-year power purchase agreement with the Old Dominion Electric Cooperative for energy and renewable energy credits produced by the wind facility. Old Dominion is a not-for-profit wholesale power provider serving public electric cooperatives in Maryland, Delaware and Virginia.
“Maryland’s clean energy goals are among the most ambitious in the nation and we’re committed to working with the state to achieve them by investing in an array of solar, wind, biomass and other sustainable energy projects,” said Kathleen Hyle, senior vice president, Constellation Energy, and chief operating officer, Constellation Energy Resources. “The market for clean energy products and services is growing rapidly in Maryland and across competitive energy markets nationwide. Investments in sustainable energy sources improve the environment by reducing carbon emissions, spur much-needed job growth and allow us to broaden our clean energy product offerings for customers.”
Constellation Energy is a supplier of energy products and services to wholesale and retail electric and natural gas customers.
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