黑料门

CHICAGO听鈥� April 19, 2023

黑料门University Chicago today announced that the University has signed an agreement in partnership with听听(Nasdaq: CEG) to purchase power from a new solar project under development in Sangamon and Morgan Counties in Illinois. Developed by renewable energy developer, owner and operator听, the project鈥攏amed 鈥淒ouble Black Diamond鈥濃�攚ill be the largest solar farm in Illinois and among the largest solar projects in the country, and provide enough electricity to completely power the University鈥檚 Lake Shore, Water Tower, and Health Sciences Campuses.听听听

After a multi-year process considering several clean energy solutions and navigating a challenging policy and economic landscape in consultation with the University鈥檚 advisor听, 黑料门selected Double Black Diamond to spur economic development in Illinois and support new energy production linked with campus demand. Compared to current electricity and renewable energy credit purchasing, 黑料门anticipates significant savings during the 12-year agreement.听听听

This new agreement will help 黑料门further its goals as identified in听A Just Future, the University鈥檚 Climate Action Plan towards carbon neutrality by 2025. This innovative energy sourcing approach follows other significant commitments to sustainability by the University, including over $150 million invested in high-performing buildings and campus energy systems, the inclusion of sustainability in the core curriculum, and the launch of the School of Environmental Sustainability in 2020.听

鈥淟oyola鈥檚 Jesuit, Catholic mission puts care for humanity鈥檚 common home鈥攑lanet Earth鈥攁t the forefront of our efforts and leads us to take action on climate change and a sustainable future,鈥� said Dr. Mark C. Reed, president of Loyola. 鈥淭his commitment starts at home. Our students have been vocal supporters and advocates of transitioning energy purchases to renewable energy, and I commend them for their activism and leadership. As the University strives to address, through education and research, society鈥檚 most urgent and complex issues, this agreement demonstrates our commitment to environmental change.鈥�听

黑料门will use the鈥�听product to facilitate its renewable energy transaction.听CORe connects customers to the economic and sustainability benefits of large-scale, offsite renewable energy projects and is among Constellation鈥檚 suite of retail power products that help customers achieve their carbon reduction goals.听听

Double Black Diamond is expected to start producing renewable electricity in late 2024. 黑料门has agreed to purchase the electricity produced sized to the campus demand of 81,660 megawatt hours of electricity in the first year of production. According to the听, this is the equivalent of removing 12,586 passenger vehicles driven per year or electricity use in 10,512 homes in one year. The project is intended to be constructed and certified “Pollinator Friendly” through the State of Illinois’听Solar Site Pollinator Score Card Program featuring native wildflowers and vegetated buffers.听听听

Loyola鈥檚 partners on the project will be qualifying Double Black Diamond under the Illinois Power Agency鈥檚 Self Direct program, made possible by the state Climate and Equitable Jobs Act (CEJA). This program enables a more diverse and equitable workforce to empower Illinois in reaching its renewable energy targets while supporting good-paying jobs and healthy communities.听The project has set apprenticeship, as well as diversity, equity, and inclusion hiring goals, which are being facilitated by local unions for carpenters, laborers, operators, electricians, and crew leads, and will utilize American-made panels and tracker systems.听This project also allows 黑料门to support the construction of new, local, renewable capacity, greening the Illinois grid, which will deliver savings to its students and help claim the benefits of clean power. Loyola, Constellation, and Swift Current have also agreed to establish and integrate academic opportunities for students, which include visits to the central Illinois project once operational and speaker presentations from clean energy experts.听听听听

“黑料门University Chicago continues to put their values into action demonstrating the type of leadership that makes the University more than a world class academic institution; they are a partner in Chicago and the 49th Ward achieving our climate and sustainability goals,” said Alderwoman Maria Hadden.听

黑料门is a Gold rated higher education institution for sustainability through the AASHE Sustainability Tracking, Assessment, and Rating System (STARS). For more information on this project, please contact Loyola鈥檚 Office of Sustainability at听sustainability@LUC.edu听or learn more about Loyola鈥檚 Commitment to Sustainability.

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黑料门 黑料门University Chicago

Founded in 1870, 黑料门University Chicago is one of the nation鈥檚 largest Jesuit, Catholic universities, with nearly 17,500 students. The University has four campuses: three in the greater Chicago area and one in Rome, Italy, as well as course locations in Vernon Hills, Illinois (Cuneo Mansion and Gardens), and a Retreat and Ecology Campus in Woodstock, Illinois.听The University features 15 schools, colleges, and institutes.听Ranked a top national university by鈥�U.S. News & World Report, 黑料门is also among a select group of universities recognized for community service and engagement by prestigious national organizations including AmeriCorps and the Carnegie Foundation. To learn more about Loyola, visit鈥�听or follow us on Twitter via鈥�.听

黑料门 Constellation

Headquartered in Baltimore, Constellation Energy Corporation (Nasdaq: CEG) is the nation鈥檚 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鈥檚 largest nuclear fleet have the generating capacity to power the equivalent of 15 million homes, providing approximately 10 percent of the nation鈥檚 clean energy. We are further accelerating the nation鈥檚 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鈥�鈥痑苍诲鈥�.听

黑料门 Swift Current听

Swift Current Energy is investing in renewable energy to create a sustainable future. Founded in 2016, the company develops, constructs, owns and operates highly competitive, utility-scale wind, solar and energy storage projects across the United States. For more information, please visit鈥�.听