Constellation to Build 650 MW Plant in Illinois
Constellation Power Source's affiliate Holland Energy LLC, plans
to commence construction next month on a 650 MW natural gas-fired
generating facility to be located in Holland Township, IL. The
power will be used to meet the needs of the wholesale power market.
"Deregulation of electric markets across the country is creating
opportunities to meet wholesale energy demands in growing regions
like the Midwest," said Charles W. Shivery, president of
Constellation Power Source. "Constellation Power Source is looking
for the best fit, where the availability of additional energy will
meet the needs of the community, the market, and our company. The
Holland Energy project fits that strategy perfectly."
The $250 million facility should start generating electricity
and begin commercial operation in June 2002. The Holland Energy
plant will cover 50 acres of land in Shelby County, IL.
Constellation Power Source currently owns interests in 28
smaller power projects and plants across the nation.
On June 12, Constellation Power Source announced that it would
build a $100 million peaking plant near Bristol, Va., and on July
5, the company released its plan to construct a $130 million 300 MW
natural gas-fired facility in University Park, 30 miles south of
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