Scout Clean Energy has completed the acquisition of the utility-scale Blue Sky Solar project from its original developer, RES (Renewable Energy Systems) in the USA.
The approved development plans cover the installation of a 369 MWdc solar facility, that will be located on 2,700 acres of land in Grundy County, Illinois. Blue Sky project should receive its full interconnection agreement in the third quarter of 2022. It will be constructed near Morris, Illinois, and is scheduled to begin commercial operations in 2024. The project will provide an estimated 585,000-megawatt-hours of electricity to the PJM grid each year, enough to power over 67,000 Illinois homes.
The project has a finalized and executed Property Tax Abatement Agreement in place with all taxing jurisdictions in Grundy County. It is estimated that the county taxing jurisdictions will receive US$36.3 million in tax revenue over the life of the project, including US$25.4 million slated to the local school district alone.
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