Safe Harbor Water Power Corporation

Safe Harbor Water Power Corporation was incorporated January 6, 1930 with two stockholders. Pennsylvania Water & Power Company held one-third of the common stock and Consolidated Gas Electric Light and Power Company of Baltimore, the predecessor of the present Baltimore Gas and Electric Company, the other two-thirds. Preliminary construction got under way on November 4, 1929 and actual work in the river started in April 1930. The first power generated and delivered occurred in December 1931, only twenty months after work was started in the river. The last unit placed in service occurred in October 1940. Originally seven generating units were installed with a total capacity of 230 mega watts at a cost of $34 million. In 1985 and 1986, five additional generating units were installed creating a total capacity of 417 mega watts at a total cost of $125 million. In 2014, Safe Harbor Water Power Corporation was fully acquired by Brookfield Renewable Energy Group.