WGL Holdings Inc.

Published : August 06th, 2015

WGL Energy Celebrates Opening of 1MW Solar Facility in Macon County, Ga.

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WGL Energy Celebrates Opening of 1MW Solar Facility in Macon County, Ga.

WGL Holdings, Inc. - WGL Energy Celebrates Opening of 1MW Solar Facility in Macon County, Ga.

WGL Energy Celebrates Opening of 1MW Solar Facility in Macon County, Ga.

MCLEAN, Va. & MONTEZUMA, Ga.--(BUSINESS WIRE)--WGL Energy today joined with New Energy Equity LLC, Radiance Solar LLC, Stion Corporation and State of Georgia officials to celebrate the opening of a 1-megawatt (MW) solar farm in Macon County, Georgia. The facility is expected to produce more than 1,600 megawatt hours (MWh) per year of electricity, enough to power more than 200 homes. WGL Energy Systems owns and operates the facility, which was completed in April 2015.

"This newest facility is a great addition in our continued commitment to increase renewable energy capacity in the state of Georgia," said Sanjiv Mahan, Chief Operating Officer for WGL Energy Systems. "WGL Energy facilities in Georgia now total more than 21 MW of capacity, reducing carbon emissions for Georgia residents while also stimulating economic growth in the state."

Under the Georgia Power Advanced Solar Initiative (ASI), Georgia Power purchases electricity from participating solar facilities under a 20-year power purchase agreement.

The Montezuma, Georgia facility, the latest WGL Energy project in Georgia Power's ASI program, was developed by New Energy Equity. Radiance Solar provided engineering, design and construction services, and installed more than 7,000 Stion Corporation frameless thin film solar modules.

"Radiance Solar is proud to have been selected to design and build the Montezuma facility and to be a part of the successful collaboration with WGL Energy, New Equity Energy and the Macon County officials," said James Marlow, CEO of Radiance Solar. "We are excited to have incorporated one of the industry's newest technologies into the project with Stion's thin film modules."

About WGL Energy

WGL Energy delivers a full ecosystem of energy offerings including natural gas, electricity, green power, carbon reduction, distributed generation and energy efficiency provided by WGL Energy Services, Inc. (formerly Washington Gas Energy Services, Inc.) and WGL Energy Systems, Inc. (formerly Washington Gas Energy Systems, Inc.). To learn more, visit us at http://www.wglenergy.com or call 703-793-7533.

About WGL

WGL (NYSE: WGL), headquartered in Washington, D.C., is a leading source for clean, efficient and diverse energy solutions. With activities and assets across the U.S., WGL consists of Washington Gas, WGL Energy, WGL Midstream and Hampshire Gas. WGL Energy delivers a full ecosystem of energy offerings including natural gas, electricity, green power, carbon reduction, distributed generation and energy efficiency provided by WGL Energy Services, Inc. (formerly Washington Gas Energy Services, Inc.), WGL Energy Systems, Inc. (formerly Washington Gas Energy Systems, Inc.) and WGSW, Inc. WGL provides options for natural gas, electricity, green power and energy services, including generation, storage, transportation, distribution, supply and efficiency. Our calling as a company is to make energy surprisingly easy for our employees, our community and all our customers. Whether you are a homeowner or renter, small business or multinational corporation, state and local or federal agency, WGL is here to provide Energy Answers. Ask Us. For more information, visit us at www.wgl.com.

About New Energy Equity

New Energy Equity specializes in the development and financing of commercial and small utility renewable energy projects ranging from 200kW to 5MW. New Energy Equity works on renewable energy projects throughout the US to provide dependable financing resources for the development and completion of end-to-end renewable energy transactions. New Energy has the resources, expertise and experience to handle all aspects of development, construction and long-term asset management. The company brings together more than 50 years of experience developing projects in the solar, telecom, corporate finance and construction industries. For more information please visit New Energy Equity's website at www.newenergyequity.com or call 443-267-5012.

About Radiance Solar

Radiance Solar delivers high performance solar solutions for commercial and utility scale applications. Based in Atlanta, Georgia, Radiance is ranked among the nation's top solar installers and also offers project development and operations & maintenance services. Their mission is to bring low-cost, reliable solar energy within reach of every electricity user through a relentless commitment to innovative design, aggressive procurement and efficient construction techniques. www.radiancesolar.com.

Contacts

WGL Energy
News Media:
Ruben Rodriguez, 703-750-4470
or
Financial Community:
Douglas Bonawitz, 202-624-6129



Read the rest of the article at www.noodls.com

WGL Holdings Inc.

CODE : WGL
ISIN : US92924F1066
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WGL Holdings is a development stage company based in United states of america.

WGL Holdings is listed in United States of America. Its market capitalisation is US$ 4.6 billions as of today (€ 3.9 billions).

Its stock quote reached its lowest recent point on December 31, 1990 at US$ 13.25, and its highest recent level on July 06, 2018 at US$ 88.78.

WGL Holdings has 51 359 182 shares outstanding.

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