Pennsylvania, United States [RenewableEnergyWorld.com] Exelon Generation Company LLC, announced that it has acquired the rights to purchase 198 megawatts (MW) of output from the 396-MW Twin Groves Wind Farm in Bloomington, Illinois.
Exelon purchased an “off take” agreement, or rights to buy power from the wind farm, from Constellation Energy Commodities Group Inc. Horizon Wind Energy LLC will continue to own and operate the Twin Groves Wind Farm, which went into commercial operation in January 2008. The deal closed on September 30. Terms of the transaction were not disclosed.
“This transaction is another step in our effort to bring renewable, low-carbon energy to the marketplace. The agreement boosts Exelon Generation’s average annual purchase of wind power to approximately one million MWh, enough electricity to power nearly 100,000 homes. Along with nuclear power, energy efficiency, and other renewable sources, wind power is an important part of our company’s efforts to address climate change,” said Kenneth Cornew, senior vice president of Exelon Corporation.