Clipper Windpower, Inc. (“Clipper”) today announced that it has entered into a long-term power purchase agreement with Old Dominion Electric Cooperative (“ODEC”)

Clipper Windpower, Inc. (“Clipper”) today announced that it has

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entered into a long-term power purchase agreement with Old Dominion

Electric Cooperative (“ODEC”), wherein Clipper will supply ODEC with

the renewable energy credits (RECs) and the full electrical output

produced by a new 70 MW wind project, the “Criterion” Wind Project,

currently under development by Clipper.

Carpinteria, CA (PRWEB) May 15, 2009 — Clipper Windpower, Inc.

(“Clipper”) today announced that it has entered into a long-term power

purchase agreement with Old Dominion Electric Cooperative (“ODEC”),

wherein Clipper will supply ODEC with the renewable energy credits

(RECs) and the full electrical output produced by a new 70 MW wind

project, the “Criterion” Wind Project, currently under development by

Clipper.

The Criterion site is located in Garrett County, Maryland, to the

east of the county seat of Oakland on Backbone Mountain. Initiated in

2001, the proposed project has undergone studies and extensive review

by the state, local agencies and the local public. Criterion supports

Maryland’s Renewable Portfolio Standard (RPS) which encourages new wind

energy projects within the State of Maryland.

Once built, Criterion’s electrical output will be distributed by

ODEC to the electricity members of ODEC’s 11 member electric

distribution cooperatives in Virginia, Maryland and Delaware. At a cost

of approximately $160 million, Criterion will be one of the largest

single investments in western Maryland. Over its 20-year life, it is

expected to contribute more than $25 million in local taxes, and, at

peak construction, provide in the neighborhood of 110-120 well-paying

construction jobs, and 4-6 fulltime operations and maintenance jobs

once the project is complete.

Scheduled to be completed by late 2010, the project will produce

enough wind-generated electricity to power about 20,000 average

American homes on an annual basis while helping to reduce America’s

carbon footprint.

Source: Clipper Windpower

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