SIGECO launches tender for renewable energy projects development in Indiana

CenterPoint Energy's Indiana-based electric and gas business, Southern Indiana Gas and Electric Co. (SIGECO) has launched a new request for proposals (RFP) to seek a combination of wind, solar and solar + storage resources to meet the future needs of its 145,000 electric customers in southwestern Indiana.

For asset purchases and power purchase agreements, the capacity is preferred to be fully accredited for the 2023/2024 MISO Planning Year. Vectren submitted an Integrated Resource Plan (2019/2020 IRP) to the Indiana Utility Regulatory Commission in June 2020 which identified a need for 700-1,000 MWs of solar (some paired with storage) and 300 MWs of wind as part of its preferred resource options to meet capacity and energy requirements. Only resources capable of firm deliverability to MISO Local Resource Zone 6 will be considered.

This RFP will assist in identifying replacement generation capacity beginning in 2023. SIGECO recently completed its 2019/2020 Integrated Resource Plan in which the company announced plans to retire 730 MW of coal-fired generation by 2024 and largely fill its ongoing energy need with renewable generation. Specifically, the company is seeking 700 to 1,000 MW of solar and solar + storage as well as 300 MW of wind resources.

The deadline for the submission of proposals is on September 23, 2020. 

The tender information can be accessed on our business opportunity page here.