Newsroom: Press Release


Comcast Marks Step Toward Carbon Neutral Goal with 250 MW Offsite Renewable Agreement with Constellation 

Comcast to reduce its carbon footprint by nearly 360,000 metric tons annually by sourcing solar energy from project developed by Scout Clean Energy 

GRUNDY COUNTY, ILL. (March 31, 2022) — Constellation, the nation’s leading supplier of clean energy solutions, announced today that an agreement is in place to help Comcast power approximately 12 percent of its U.S. operations with clean, renewable energy from the Blue Sky Solar Project, currently being developed by Scout Clean Energy in Grundy County, Illinois.

Backed by Comcast’s commitment, Constellation has agreed to purchase power and project-specific renewable energy certificates (RECs) equal to a 250 MW share of the Blue Sky project. Comcast has signed a corresponding 15-year agreement with Constellation beginning in 2025 to receive energy and RECs from Blue Sky as part of its retail electric supply contract. The project is expected to reach commercial operation by December 2024. 

“Sourcing clean, renewable energy is the top priority for meeting our goal to be carbon neutral by 2035,” said Peter Kiriacoulacos, executive vice president and chief procurement officer, Comcast. “This marks the first of many major green investments that are already underway or on the immediate horizon which demonstrate our commitment to sustainable, responsible business.”

By sourcing solar energy, Comcast is expected to help reduce carbon dioxide emissions associated with its energy use by nearly 360,000 metric tons each year, the equivalent of removing more than 78,000 passenger vehicles from the road in one year, according to U.S. Environmental Protection Agency estimates.

Comcast is committed to being carbon neutral by 2035 for Scope 1 and 2 emissions, or the direct and indirect emissions it owns and controls, across its global operations. With purchased electricity accounting for the majority of these emissions, sourcing renewable energy is critical to meeting this goal. For more information on Comcast’s environmental efforts, visit the environment page at Comcast.com.

“We commend Comcast on its commitment to becoming carbon neutral by 2035 and are pleased that our offsite renewable solution will serve as a significant steppingstone toward attaining that goal,” said Jim McHugh, chief commercial officer, Constellation. “As our nation transitions to a clean energy future, Constellation is dedicated to offering the products, services and expertise that help our customers strategically manage their energy use and reduce their carbon footprints.”

Comcast will use the Constellation Offsite Renewables (CORe) retail power product, which increases businesses’ access to new-build renewable energy projects by removing the significant hurdles associated with traditional offsite power purchase agreements (PPAs). With Comcast’s agreement, Constellation’s largest offsite renewable deal to date, the CORe product has now helped commercial customers, collectively, source more than 1,000 MWs of clean, renewable energy. Constellation worked with LevelTen Energy to identify and select Scout Clean Energy’s Blue Sky Solar Project.

“We are pleased to work with Comcast and Constellation to deliver carbon-free solar energy and invest $400 million into the local community, creating new sustained jobs and tax revenue for local schools,” said Michael Rucker, founder and CEO of Scout Clean Energy. “Comcast’s commitment made this possible.”

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About Constellation

Headquartered in Baltimore, Constellation Energy Corporation (Nasdaq: CEG) is the nation’s largest producer of clean, carbon-free energy and a leading supplier of energy products and services to businesses, homes, community aggregations and public sector customers across the continental United States, including three fourths of Fortune 100 companies. With annual output that is nearly 90 percent carbon-free, our hydro, wind and solar facilities paired with the nation’s largest nuclear fleet have the generating capacity to power the equivalent of 15 million homes, providing 10 percent of the nation’s clean energy. We are further accelerating the nation’s transition to a carbon-free future by helping our customers reach their sustainability goals, setting our own ambitious goal of achieving 100 percent carbon-free generation by 2040, and by investing in promising emerging technologies to eliminate carbon emissions across all sectors of the economy. Follow Constellation on LinkedIn and Twitter.

Media Inquiries

If you are a member of the media, please contact:
410-470-9700

Paul Adams
paul.adams@constellation.com

David Snyder
david.snyder@constellation.com