Wells Fargo Center turning to 100 percent renewable energyAugust 21st, 2018
Comcast Spectacor has entered into a long-term agreement with Constellation that will mean the Wells Fargo Center — home of the Philadelphia 76ers and Flyers — will be powered completely by wind energy.
The deal for the 100 percent renewable energy supply at the South Philadelphia arena comes at the same time Comcast Spectacor is undergoing a $250 million renovation of the venue.
Financial terms of the agreement were not disclosed.
“The Wells Fargo Center is in the midst of an extensive redesign that is transforming all aspects of the complex, and this renewable energy initiative plays an important role,” said Dave Scott, chairman and CEO, Comcast Spectacor, in a statement. “Through this agreement, we’re increasing the amount of renewable energy in the grid that powers the Wells Fargo Center’s robust live event schedule, and supporting Comcast NBCUniversal’s ongoing commitment to sustainable innovation.”
According to Comcast Spectacor, owner of the Wells Fargo Center and the Flyers, the power and renewable energy certificates purchased from Constellation will help Comcast Spectacor prevent the emission of more than 14,000 metric tons of greenhouse gas annually. The deal is projected to deliver an environmental benefit equivalent to removing almost 4,000 passenger vehicles from the road.
“As we envision a future with 100 percent renewable energy, projects like this are important in helping us get there,” said Susan Jin Davis, chief sustainability officer at Comcast NBCUniversal. “And when we look at ways to reduce our carbon footprint, we know energy is one of our biggest areas of opportunity, so this is another great example of finding solutions to be more environmentally responsible.”
Constellation will supply the Wells Fargo Center with power from a 9 megawatt portion of the HillTopper wind project acquired under a separate long-term power purchase agreement with Enel Green Power. HillTopper is located in Logan County, Ill., and is expected to enter into service by the end of 2018.
Based in Baltimore, Constellation is a subsidiary of Exelon Corp. and has been the “Official Energy Partner of the Wells Fargo Center” since 2016.
The next phase of Comcast Spectacor’s $250 million redesign of the Wells Fargo Center, an entirely new mezzanine level, is expected to be completed this fall. The mezzanine level accommodates about 40 percent of the arena’s total capacity.
In addition to the Wells Fargo Center and the Flyers, Philadelphia-based Comcast Spectacor — a subsidiary of Comcast Corp. — also owns the Overwatch League’s Philadelphia Fusion esports team, the National Lacrosse League’s Philadelphia Wings and the Maine Mariners of the ECHL.