NIPSCO signs Build Transfer Agreement for 200 MW Solar project in USA

Subscribe to our newsletter and get the latest news and business opportunities in your inbox
NIPSCO signs Build Transfer Agreement for 200 MW Solar project in USA

Northern Indiana Public Service Company, LLC (NIPSCO), a subsidiary of NiSource Inc., and the Clean Energy Infrastructure (CEI) business of Capital Dynamics, an independent global private asset management firm, announced that they have signed a build transfer agreement (BTA) to bring 200 megawatts (MW) of solar energy to Indiana with the Elliot Solar project.

Located in Gibson County, Indiana, the Elliot Solar project is expected to begin construction in summer 2022 and begin commercial operations in summer 2023. Capital Dynamics will construct the project, and NIPSCO will enter into a joint venture once construction is complete.

Mike Hooper, NIPSCO president, said: "The addition of Elliot Solar to NIPSCO's portfolio is a major step in our transition to lower-cost, cleaner and reliable energy for our customers."

Elliot Solar adds to NIPSCO's two operating wind farms as well as 11 renewable energy projects previously announced as part of NiSource's customer-centric "Your Energy, Your Future" initiative, which includes the generation transition plan at NIPSCO. The NIPSCO projects include a combination of similar joint ventures and power purchase agreements. 

List of country news

Country news

  • April 13, 2021

    Ørsted closes acquisition of 1.1 GW Offshore wind farm in USA

    PSEG and Ørsted have completed PSEG’s acquisition of a 25% equity interest in Ocean Wind. Announced on Dec. 4, 2020, PSEG’s investment in Ocean Wind received approval from the New Jersey Board of Public Utilities on March 31, 2021.

    Read more
  • April 09, 2021

    174 Power Global signs PPA for 200 MW Solar project in USA

    174 Power Global, a leading solar energy company, announced that it has entered into a 15-year Power Purchase Agreement (“PPA”) with Black Hills Energy to develop a 200-megawatt (MW) solar power production facility, Turkey Creek Solar in Pueblo County, Colorado.

    Read more
  • April 07, 2021

    Invenergy Completes construction financing for 999 MW Wind farm in USA

    Invenergy, a leading privately held global developer and operator of sustainable energy solutions, announced that it completed construction financing for its largest wind energy development to date, the 999-megawatt Traverse Wind Energy Center, on March 1, 2021.

    Read more
  • March 31, 2021

    Nexans signs Preferred Supplier Agreement for 2.07 GW Offshore wind farms in USA

    Nexans has signed a preferred supplier agreement (PSA) with Empire Offshore Wind LLC to electrify the future of New York State by connecting the Empire Wind offshore projects to the onshore grid.

    Read more
  • March 30, 2021

    Ørsted signs a long-term PPA for 367 MW Onshore Wind farm in USA

    Nucor, a steel manufacturer, has signed a long-term agreement with Ørsted to purchase energy from the 367 MW wind farm in Wilbarger County, Texas.

    Read more

Share this news

Join us

In order to get full access to News section, you must have a full subscription. You can check all the benefits of becoming a member and purchase a subscription on our membership page.