Marty Crotty, President of AES Wind Generation, said, "Armenia Mountain is our first wind power project in PJM Interconnection, which we continue to see as an important market in our U.S. strategy. We look forward to developing new projects in the region."
Power generated by the Armenia Mountain wind farm will be sold to Delmarva Power & Light and the Old Dominion Electric Cooperative. Each of the investment-grade off takers has contracted to purchase 50 percent of the wind energy output under separate 15-year power purchase agreements. AES Wind Generation developed, owns and operates the Armenia Mountain wind farm. RES Americas Construction served as the construction contractor.
This year AES Wind Generation’s global operating capacity increased by 166 MW to 1,447 MW, including Armenia Mountain and wind farms in China and France. In 2009, AES brought a total of 995 MW of thermal and renewable projects on-line in Cameroon, Chile, China, France, Jordan, Northern Ireland and the United States. AES also has projects in construction in Bulgaria, Chile, China, France, Greece, Panama, Scotland and Turkey.
The AES Corporation (NYSE: AES) is a Fortune 500 global power company with generation and distribution businesses. Through our diverse portfolio of thermal and renewable fuel sources, we safely provide affordable and sustainable energy in 29 countries.
Our workforce of 25,000 people is committed to operational excellence and meeting the world’s changing power needs. Our 2008 revenues were $16 billion and we own and manage $35 billion in total assets. BusinessWeek named AES to its 2009 "BW 50 Best Performers" list.