ALBANY — Procter and Gamble has announced they will join with Exelon Corporation and move ahead with development of a 50-megawatt biomass plant in Albany.

The Albany P&G plant is one of the company’s largest and will significantly increase the company’s use of renewable energy.

Constellation, a subsidiary of Exelon, will build, own and operate the co-generation plant.  The $200 million facility will supply steam to the Albany P&G plant and generate electricity for local utilities.

The plant currently uses a boiler to manufacture Bounty paper towels and Charmin toilet tissue.

The project also included collaboration with the Albany-Dougherty Payroll Development Authority, local city, county and state leaders, including leadership and ongoing support from the Georgia Public Service Commission, as well as energy companies. DCO Energy will hold a minority stake in the project and provide engineering, procurement and construction services for the project. Constellation’s affiliate, Exelon Generation, will operate and maintain the plant. Sterling Energy Assets worked with Constellation to develop the project.

Construction activities have already begun on the site with the plant scheduled to begin commercial operation in June 2017. Construction is expected to create up to 500 new jobs over the next two years, with an additional 50 to 70 permanent local jobs for ongoing operations once the plant is built.