NIPSCO to Build More Wind Farms
IEA is a leading wind energy construction firm in the U.S. (photo courtesy: Pixabay/SteppinStars)
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowMerrillville-based Northern Indiana Public Service Co. is continuing its investment in renewable energy in northwest Indiana with the announcement of two more projects. The power company says the investment will bring to 11 the number of renewable energy projects in Indiana announced by parent company NiSource Inc. (NYSE: NI).
In the latest announcement, NIPSCO says it has entered a long-term Power Purchase Agreement and a Build & Transfer Agreement with Texas-based EDP Renewables North America.
The PPA will enable the construction of the Indiana Crossroads II Wind Farm in White County, which will generate 204 megawatts of power at full capacity. The utility says it has purchased the full capacity of power at the project, which is expected to become operational in 2023.
The second agreement is for the 200-megawatt Indiana Crossroads Solar Park, which will also be constructed in White County.
The companies have previously worked together on two wind energy projects in White County, including the Indiana Crossroads I Wind Farm which is currently under construction. They also have a partnership on the Rosewater Wind Farm, which is now fully operational.
“We welcome these newest renewable energy projects to keep White County leading the way on clean energy development in the heart of Indiana,” said Gayle Rogers, White County Auditor. “White County residents continue to see benefits from local wind and solar energy projects in the form of low-cost electricity, increased economic activity, and additional revenue for public services – all of which are critical for the community.”
NIPSCO says it will enter a joint venture once construction is complete.