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Constellation Power Source’s affiliate Holland Energy LLC, plansto commence construction next month on a 650 MW natural gas-firedgenerating facility to be located in Holland Township, IL. Thepower will be used to meet the needs of the wholesale power market.
“Deregulation of electric markets across the country is creatingopportunities to meet wholesale energy demands in growing regionslike the Midwest,” said Charles W. Shivery, president ofConstellation Power Source. “Constellation Power Source is lookingfor the best fit, where the availability of additional energy willmeet the needs of the community, the market, and our company. TheHolland Energy project fits that strategy perfectly.”
The $250 million facility should start generating electricityand begin commercial operation in June 2002. The Holland Energyplant will cover 50 acres of land in Shelby County, IL.
Constellation Power Source currently owns interests in 28smaller power projects and plants across the nation.
On June 12, Constellation Power Source announced that it wouldbuild a $100 million peaking plant near Bristol, Va., and on July5, the company released its plan to construct a $130 million 300 MWnatural gas-fired facility in University Park, 30 miles south ofChicago.
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