Exelon Power Team, Community Energy Bring More Wind Power to Pennsylvania Energy Customers

Exelon Power Team Signs Second Wind Power Agreement in Pennsylvania



Apr 23, 2001, 01:00 ET from Exelon Generation

    KENNETT SQUARE, Pa., April 23 /PRNewswire Interactive News Release/ --
 Exelon Power Team today announced a 20-year agreement with Somerset Windpower
 LLC, for Power Team to purchase the output of a 9-megawatt (MW) wind farm to
 be located in Somerset, Pennsylvania.
     This marks the second contract within the last six weeks Exelon Power Team
 has entered into for the wholesale marketing of wind energy in Pennsylvania.
     "Wind energy projects are an important part of diversifying Pennsylvania's
 energy mix.  Exelon Power Team is excited to be part of the effort in
 continuing to bring clean, affordable green energy to Pennsylvania's electric
 customers," said Mike Freeman, a long-term transactor who along with Exelon
 Power Team's Noel Trask, negotiated the agreement.
     Somerset Windpower LLC, a joint venture between Atlantic Renewable Energy
 Corporation of Richmond, Va., and Zilkha Renewable Energy LLC of Houston, Tx.,
 will begin construction of Somerset Wind Farm in June 2001.  The company
 anticipates completion and connection to the energy grid in late fall 2001.
 The project will include six 1.5-megawatt turbines that will produce about
 25,000 megawatt-hours of electricity or enough electricity annually to supply
 about 3,400 homes.
     The wind turbines, supplied and installed by Enron Wind Corporation, will
 sit on 210-foot-tall towers and will have a rotor diameter of 231 feet.
 Located approximately one-half mile from the Pennsylvania Turnpike, the
 Somerset Wind Farm will be a visible site for travelers driving across the
 state.  Featuring the latest technology, the turbines are able to begin
 generating electricity at a constant wind speed of 8 miles per hour.  Wind
 technology is most efficient and reliable during periods of sustained wind
 speed rather than gusty wind periods.
     Exelon Power Team will market the output from Somerset Wind Farm
 exclusively to Community Energy Inc., of Wayne, Pa.  Community Energy Inc., a
 renewable energy retail marketing company, will market the plant's output to
 commercial and residential customers throughout Pennsylvania who are looking
 for affordable electricity produced by renewable energy sources.  In a
 separate press release today, Community Energy and PECO Energy, an Exelon
 Company, announced a partnership that would provide "New Wind Energy" as an
 option for PECO's commercial and residential customers in the Philadelphia
 area.
     Brent Alderfer, president, Community Energy Inc., said, "We are looking
 forward to forging ahead in selling this new energy product throughout
 Pennsylvania and the mid-Atlantic region.  The more customers that sign up,
 the more wind energy we can develop and bring on line throughout
 Pennsylvania."
     In March, Exelon Power Team announced a 20-year agreement with Mill Run
 Power, LLC, also a joint venture of Atlantic Renewable Energy Corporation and
 Zilkha Renewable Energy LLC, to purchase the output of a 15-megawatt wind farm
 to be located in Fayette County, Pa.  The combined output from Mill Run and
 Somerset will provide enough electricity to supply more than 10,000 homes
 annually in Pennsylvania with clean, affordable wind power.
 
     Financing for the Somerset Wind Farm will be provided in part by
 Pennsylvania's regional sustainable energy funds.  The Sustainable Development
 Fund, managed by The Reinvestment Fund in Philadelphia, took the lead in
 structuring a $3.6 million loan for the project.  The expected participants in
 the loan include the Sustainable Development Fund, the Sustainable Energy Fund
 of Central Eastern Pennsylvania, the GPU Sustainable Energy Fund and the West
 Penn Sustainable Energy Fund.  These regional energy funds were created by the
 electric restructuring cases in Pennsylvania and have the mission of
 supporting renewable and clean energy and energy efficiency.  The Sustainable
 Development Fund also provided financial support for the Mill Run Wind Farm
 project.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X29754427
 
 

SOURCE Exelon Generation
    KENNETT SQUARE, Pa., April 23 /PRNewswire Interactive News Release/ --
 Exelon Power Team today announced a 20-year agreement with Somerset Windpower
 LLC, for Power Team to purchase the output of a 9-megawatt (MW) wind farm to
 be located in Somerset, Pennsylvania.
     This marks the second contract within the last six weeks Exelon Power Team
 has entered into for the wholesale marketing of wind energy in Pennsylvania.
     "Wind energy projects are an important part of diversifying Pennsylvania's
 energy mix.  Exelon Power Team is excited to be part of the effort in
 continuing to bring clean, affordable green energy to Pennsylvania's electric
 customers," said Mike Freeman, a long-term transactor who along with Exelon
 Power Team's Noel Trask, negotiated the agreement.
     Somerset Windpower LLC, a joint venture between Atlantic Renewable Energy
 Corporation of Richmond, Va., and Zilkha Renewable Energy LLC of Houston, Tx.,
 will begin construction of Somerset Wind Farm in June 2001.  The company
 anticipates completion and connection to the energy grid in late fall 2001.
 The project will include six 1.5-megawatt turbines that will produce about
 25,000 megawatt-hours of electricity or enough electricity annually to supply
 about 3,400 homes.
     The wind turbines, supplied and installed by Enron Wind Corporation, will
 sit on 210-foot-tall towers and will have a rotor diameter of 231 feet.
 Located approximately one-half mile from the Pennsylvania Turnpike, the
 Somerset Wind Farm will be a visible site for travelers driving across the
 state.  Featuring the latest technology, the turbines are able to begin
 generating electricity at a constant wind speed of 8 miles per hour.  Wind
 technology is most efficient and reliable during periods of sustained wind
 speed rather than gusty wind periods.
     Exelon Power Team will market the output from Somerset Wind Farm
 exclusively to Community Energy Inc., of Wayne, Pa.  Community Energy Inc., a
 renewable energy retail marketing company, will market the plant's output to
 commercial and residential customers throughout Pennsylvania who are looking
 for affordable electricity produced by renewable energy sources.  In a
 separate press release today, Community Energy and PECO Energy, an Exelon
 Company, announced a partnership that would provide "New Wind Energy" as an
 option for PECO's commercial and residential customers in the Philadelphia
 area.
     Brent Alderfer, president, Community Energy Inc., said, "We are looking
 forward to forging ahead in selling this new energy product throughout
 Pennsylvania and the mid-Atlantic region.  The more customers that sign up,
 the more wind energy we can develop and bring on line throughout
 Pennsylvania."
     In March, Exelon Power Team announced a 20-year agreement with Mill Run
 Power, LLC, also a joint venture of Atlantic Renewable Energy Corporation and
 Zilkha Renewable Energy LLC, to purchase the output of a 15-megawatt wind farm
 to be located in Fayette County, Pa.  The combined output from Mill Run and
 Somerset will provide enough electricity to supply more than 10,000 homes
 annually in Pennsylvania with clean, affordable wind power.
 
     Financing for the Somerset Wind Farm will be provided in part by
 Pennsylvania's regional sustainable energy funds.  The Sustainable Development
 Fund, managed by The Reinvestment Fund in Philadelphia, took the lead in
 structuring a $3.6 million loan for the project.  The expected participants in
 the loan include the Sustainable Development Fund, the Sustainable Energy Fund
 of Central Eastern Pennsylvania, the GPU Sustainable Energy Fund and the West
 Penn Sustainable Energy Fund.  These regional energy funds were created by the
 electric restructuring cases in Pennsylvania and have the mission of
 supporting renewable and clean energy and energy efficiency.  The Sustainable
 Development Fund also provided financial support for the Mill Run Wind Farm
 project.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X29754427
 
 SOURCE  Exelon Generation