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CPV plans to build and operate the new facility through its wholly-owned subsidiary CPV Maryland, LLC. It will be constructed on a 77-acre site in an industrial zone which has long been set aside for a power plant and which was previously fully permitted by another power company. The site is adjacent to an existing asphalt plant, the Charles County landfill, and an existing power line, eliminating the need to construct new transmission towers or power lines. CPV recently entered into a purchase agreement for the site with American Community Properties Trust, the current property owner and developer of St. Charles.
Additionally, CPV recently obtained priority rights to tie the plant directly into the region’s power grid, giving . CPV St. Charles said the move gives the project a time and cost advantage over other proposed new power plants in the metropolitan Washington DC area.
When completed, CPV St. Charles will be one of the largest taxpayers in Charles County estimates the company. Its construction will create approximately 350-400 jobs at peak and it will create 30 permanent jobs when operational. The company says it will make strong efforts to use local labor to the greatest extent possible.
