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Lightsource bp Signs Power Contract With Verizon for 152.5 Megawatt Solar Farm in Indiana
January 28, 2021 GMT
INDIANAPOLIS (BUSINESS WIRE) Jan 28, 2021
Lightsource bp today announced that it has entered into a virtual power purchase agreement (VPPA) with Verizon Communications Inc. that will enable construction of a new 152.5 megawatt ac solar farm in Indiana, furthering Verizon’s goal of being carbon neutral in its operations (scope 1 and 2) by 2035.
The Bellflower solar farm, located about 40 miles east of Indianapolis in Henry and Rush Counties, is expected to become operational in 2022.
Lightsource BP has entered into a virtual power purchase agreement (VPPA) with Verizon Communications that will support construction of a 152MW (AC) solar project in Indiana, US.
The Bellflower solar farm, located east of Indianapolis in Henry and Rush Counties, is expected to become operational in 2022.
Last year, Verizon issued its second $1bn green bond, which will be used to fund long-term renewable energy purchase agreements, including the Bellflower solar VPPA, which support the construction of solar and wind facilities.
“These facilities will bring new renewable energy to the grids that power our networks,” said Verizon chief sustainability officer James Gowen.