Capital Dynamics, Hoosier Energy sign PPA for 150 MW Ratts 2 Solar Project in Knox County

Capital Dynamics CEI and Hoosier Energy have signed a long-term Power Purchase Agreement (PPA). Under the terms of the PPA, Hoosier Energy will purchase 150-megawatts (MW) of the power generated by the Ratts 2 Solar Project currently being developed in Knox County, Indiana.

Arevon Energy Management and Tenaska are co-developing the project and were instrumental in procuring and negotiating the terms of the PPA. Construction is expected to begin in 2022 with commercial operation anticipated in 2023.