Land-Based Wind Farm Producing for PHI Subsidiary

Published on Monday, 23 January 2012 13:13 Written by TradersHuddle Staff

WASHINGTON-( Business Wire )-

Pepco Holdings, Inc. (NYSE:POM) announced its subsidiary Delmarva Power will receive 38 megawatts (MW) of wind energy and associated renewable energy credits from the recently completed Chestnut Flats wind facility in south central Pennsylvania. The 38-megawatt land-based wind farm is owned by enXco, an EDF Energies Nouvelles Company.

Delmarva Power signed a 20-year Power Purchase Agreement in 2008 for land-based wind power as part of its renewable energy portfolio for meeting Delaware’s clean energy goals, which require 25 percent of the company’s energy supply to come from clean sources by 2025. The 38-megawatt Chestnut Flats wind farm is located in Logan Township, Blair County, northwest of Altoona, Pa. The project features 19 wind turbines, manufactured by Gamesa, each having two megawatts of rated capacity.

“The Chestnut Flats wind farm is the third of our land-based wind procurements to come online,” said Gary R. Stockbridge, Delmarva Power Region President. “This is another example of working regionally to make a difference in delivering clean, green energy. We support renewable standards, and we recognize it takes a long-term plan to achieve these ambitious goals.”

Delmarva Power will purchase 100 percent of Chestnut Flats’ output.

About PHI: Pepco Holdings, Inc. (NYSE: POM) is one of the largest energy delivery companies in the Mid-Atlantic region, serving about 1.9 million customers in Delaware, the District of Columbia, Maryland and New Jersey. PHI subsidiaries Pepco, Delmarva Power and Atlantic City Electric provide regulated electricity service; Delmarva Power also provides natural gas service. PHI also provides energy efficiency and renewable energy services through Pepco Energy Services.

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Pepco Holdings, Inc.Bridget Shelton, This e-mail address is being protected from spambots. You need JavaScript enabled to view it.