30 November 2009– Constellation Energy signed an agreement with Clipper Windpower Inc. to acquire the 70 MW Criterion wind project in Maryland. The $140 million wind farm will be constructed, owned and operated by Constellation.
As part of the agreement, Constellation will buy Criterion along with 28 of Clipper’s 2.5 MW Liberty wind turbines. The agreement is expected to close in early 2010 and the wind farm is expected to begin operations in late 2010.
Old Dominion Electric Co-op signed a 20-year power purchase agreement to buy electricity and renewable energy credits from Criterion.
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