Constellation to develop 4 MW solar project for Arizona school district

Casa Grande, Ariz., August 14, 2012 — Constellation announced the development of an aggregate 4.35-MW solar generation project for the Casa Grande Union High School District in Casa Grande, Ariz. Constellation will finance as well as own and operate the solar power systems.

In return, the school district will purchase and receive all of the electricity generated by the solar panels at a fixed rate from Constellation under a 20-year solar services agreement.

The solar power systems will be located at four sites: Vista Grande High School, Casa Grande High School, the Casa Verde High School campus and the school district's transportation center. Collectively the solar panels will generate an estimated 75 percent of the school district's electricity needs. The systems are scheduled for completion by December 2012.

In January 2012, Constellation announced the completion of a 4.29-MW solar generation project for Buckeye Union High School District.

Constellation's Casa Grande solar project was initially developed by Kennedy Partners and REgeneration Finance and will be built by CORE Construction. The project is also facilitated, in part, by the Arizona Corporation Commission-approved APS Renewable Energy Incentive Program. The program offers financial incentives, covering up to 40 percent of the installation costs, to customers who add renewable energy systems to their homes or businesses.

The solar power systems are comprised of about 18,232 photovoltaic panels, located on 43 carport structures. The project is expected to generate about 7 million kilowatt-hours of electricity per year.

Generating the same amount of electricity using nonrenewable sources would result in the release of 3,848 metric tons of carbon dioxide, or the equivalent emissions from 754 passenger vehicles annually, according to U.S. EPA data for the Arizona region.

Constellation currently owns and operates more than 100 MW of solar installations that have been completed or are under construction for commercial and government customers throughout the U.S.

By structuring its solar projects as power purchase agreements or solar services agreements, Constellation offers solar installations that may require no upfront capital from customers and may provide fixed power costs that are less than projected market rates.

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