Bank of America signs 15-year PPA deal for Mammoth Central solar project in Indiana

Bank of America has signed a 15-year 160 MW agreement with Constellation, to purchase power and project-specific renewable energy certificates (RECs) related to the 600 MW Mammoth Central solar photovoltaic project in Indiana, USA. 

Mammoth Central is the third and final phase of the broader 1.3 GW Mammoth Solar project which is currently being developed by Doral Renewables LLC in Starke and Pulaski counties in Indiana. Bank of America will receive renewable energy and RECs from Mammoth Central, as part of its retail electricity supply agreement, which includes locations in Delaware, Pennsylvania, and Virginia.

The Mammoth Central project will be built in three phases and is expected to be operational in late 2024. Doral Renewables has secured tax equity financing from Bank of America for the first phase - Mammoth North.