A 200-megawatt natural gas plant, the West Valley plant was owned by West Valley Leasing Company, LLC., but has been leased to PacifiCorp since the plant began commercial operation in 2002.
"Constellation Energy's purchase of the West Valley plant will help us competitively meet some of the growing peak energy demands in the western U.S. energy markets," said John Long, president of Constellation Power Generation, a subsidiary of Constellation Energy. "The West Valley plant provides Constellation Energy with a strategically located generation asset in a key western market, the Salt Lake City area, which is a regional energy center for electricity load. We're committed to operating this facility as is the case with all of our other generating facilities -- with a dedication to both safety and environmental stewardship."
The West Valley plant operates during peak demand periods, such as hot summer and cold winter days. By permit design, the plant is limited to operating a certain number of hours per year.
Constellation Energy also is a part owner and operator of the Sunnyside Cogeneration plant, a power plant fueled by waste coal located outside Price, Utah.
With the addition of West Valley, Constellation Energy now has ownership interest in 30 power plants in six states. The company also has two plants currently under construction: the Hillabee Energy Center, a natural gas-fueled power project near Alexander City, Ala., which is scheduled to go online in 2010; and the Grand Prairie Power Project in Alberta, Canada, an 85-megawatt natural gas-fired peaking plant scheduled to being operating later this year.
Constellation Energy (http://www.constellation.com), a FORTUNE 125 company with 2007 revenues of $21 billion, is the nation's largest competitive supplier of electricity to large commercial and industrial customers and the nation's largest wholesale power seller. Constellation Energy also manages fuels and energy services on behalf of energy intensive industries and utilities. It owns a diversified fleet of 78 generating units located throughout the United States, totaling approximately 8,700 megawatts of generating capacity. The company delivers electricity and natural gas through the Baltimore Gas and Electric Company (BGE), its regulated utility in Central Maryland.
SOURCE Constellation Energy