Constellation Energy commits $90M to solar projects (Baltimore)
Constellation Energy Group Inc. is setting aside $90 million to help businesses install solar power systems.
The money would be used to finance, design and build solar panels on commercial or government buildings. Constellation (NYSE: CEG) would own the panels but sell the power generated to the building’s occupants.
“Our solar business model gives customers a single source for every step of the process, from financing to planning and permitting, construction and long-term maintenance of the system,” Michael D. Smith, senior vice president of green initiatives for Constellation NewEnergy, said in a statement.
The full report is available in the Baltimore Business Journal.
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