Constellation Energy (CEG) To Build 70MW Wind Farm In Maryland

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09:08:29 am on April 7, 2010

Constellation Energy jut announced that it has finished acquiring the Criterion wind project in Maryland from Clipper Windpower, Inc.  Constellation Energy will build, develop, own and operate the 70 MW wind farm. Power and renewable energy credits produced will be purchased by Old Dominion Electric Cooperative under a 20-year power purchase agreement after the wind farm is up and running, which is scheduled to happen by the end of the year.

In a press release, Kathleen W. Hyle, senior vice president, Constellation Energy, and chief operating officer, Constellation Energy Resources, commented on the news:

“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. 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.”

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