City of Palmdale, Constellation and PsomasFMG Dedicate 976-Kilowatt Solar Generation Project

  City of Palmdale, Constellation and PsomasFMG Dedicate 976-Kilowatt Solar
  Generation Project

Solar power system designed to meet nearly 70 percent of the electricity needs
           for Palmdale Civic Center, DryTown and Marie Kerr parks

Business Wire

PALMDALE, Calif. -- July 9, 2014

The city of Palmdale today announced the completion of an aggregate
976-kilowatt DC solar generation project. Located at Palmdale’s Civic Center,
DryTown Water Park and Marie Kerr Park, the system is designed to generate
more than 1,580 megawatt-hours of electricity per year and meet nearly 70
percent of the electricity needs for the three sites.

In honor of the solar project’s completion, a celebration and ribbon cutting
were held today at Marie Kerr Park. Representatives from the city of Palmdale,
Constellation and PsomasFMG attended the event.

“This project is another example of Palmdale’s commitment to providing clean
energy while saving money for our taxpayers,” said Palmdale Mayor Jim Ledford.
“It is a perfect complement to what we are currently doing in the areas of
energy conservation, and will help us meet our state mandated greenhouse gas
reduction goals.”

The solar project required no upfront capital from the city. Solar firm
PsomasFMG worked with the city to develop the project. Energy products and
services company Constellation financed the project’s development and will own
and operate the system. Palmdale will purchase the electricity generated by
the system at a fixed-rate through a 20-year power purchase agreement with
Constellation.

Brendon Quinlivan, director, solar sales for Constellation, said,
“Constellation is pleased to work with the PsomasFMG team in helping the city
of Palmdale meet its environmental goals and manage its energy costs.”

“We are proud to be partnered with the city of Palmdale for taking a
leadership position amongst Southern California cities,” said Paul Mikos,
president of PsomasFMG. “Shaded parking, cleaner air and energy savings are
some of the benefits that the city leadership is bringing to the citizens of
Palmdale.”

The solar power arrays are comprised of approximately 3,200 photovoltaic
panels located on shade structures, which were designed to blend with the look
and feel of the city’s surroundings. The system will help the city of Palmdale
meet state mandates for renewable power generation and greenhouse gas
reduction and is expected to eliminate 1,201 tons of carbon dioxide annually
according to U.S. Environmental Protection Agency data for the region.

California schools and municipalities interested in on-site solar through a
power purchase agreement with Constellation may contact PsomasFMG at
pmikos@psomasfmg.com or (714)465-4904.

About the City of Palmdale

The birthplace of the Space Shuttle and B2 Stealth Bomber, the City of
Palmdale has enjoyed tremendous growth and prosperity over the last two
decades. Our more than 153,000 residents enjoy a comfortable hometown feel
with a strong family orientation, excellent education system and abundant
recreational opportunities in a safe environment. As the premier shopping
destination in the High Desert, Palmdale attracts the best of both retail and
manufacturing companies, and is poised to become a major Southern California
transportation hub with plans for two high speed rail systems, Metrolink, two
freeways and an airport all convergingin Palmdale.

About Constellation

The Constellation family of retail electricity and natural gas suppliers
(www.constellation.com), are subsidiaries of Exelon Corp., and are leading
competitive retail suppliers of power, natural gas and energy products and
services for homes and businesses across the continentalUnited
States.Constellation’s retail businesses serve more than 100,000 business and
public sector customers, including more than two-thirds of the Fortune 100,
and nearly 1 million residential customers.

Exelon Corporation (NYSE: EXC) is the nation’s leading competitive energy
provider, with 2013 revenues of approximately $24.9 billion. Headquartered in
Chicago, Exelon does business in 48 states, the District of Columbia and
Canada. Exelon is one of the largest competitive U.S. power generators, with
more than 35,000 megawatts of owned capacity comprising one of the nation’s
cleanest and lowest-cost power generation fleets. The company’s Constellation
business unit provides energy products and services to more than 100,000
business and public sector customers and nearly 1 million residential
customers. Exelon’s utilities deliver electricity and natural gas to more than
7.8 million customers in central Maryland (BGE), northern Illinois (ComEd) and
southeastern Pennsylvania (PECO). Follow Exelon on Twitter @Exelon.

About PsomasFMG

Based in Huntington Beach, CA, PsomasFMG provides turnkey solar solutions to
its clients by utilizing a combination of engineering expertise, private
investor funding, utilizing federal and state subsidies. In 2010, PsomasFMG
completed the largest operational school solar system in Southern California,
a 9.6 MW project across 10 schools in the Antelope Valley Union High School
District. Utilizing Power Purchase Agreements and requiring no capital outlay
from its host clients, PsomasFMG has also completed over 26 MWs of solar
projects for offtakers such as County of Orange and several multi-campus
school districts in Los Angeles County such as William S. Hart School
District, Wilsona School District, Palmdale School District, and
Hughes-Elizabeth Lake School District. PsomasFMG has developed several other
solar projects currently under various stages of design and construction for
the City of Palmdale, Castaic Union School District, Keppel Union School
District, Chaffey Joint Union High School District, a 4.4 MW project with the
City of Lancaster under a PPA with Southern California Edison and a
design-build project for the Redondo Beach Unified School District. PsomasFMG
is dedicated to bringing value to California school and communities. For more
information contact Paul Mikos at (714)465-4904, or visit www.PsomasFMG.com.

Contact:

Constellation
Kelly Biemer, 410-470-9700
or
City of Palmdale
John Mlynar, 661-267-5115
 
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