The La Porte County Herald-Argus
MERRILLVILLE - The Northern Indiana Public Service Company and the Clean Energy Infrastructure business of Capital Dynamics have announced the signing of a build transfer agreement to bring 200 megawatts of solar energy to Indiana with the Elliot Solar project. We are proud to partner with Capital Dynamics on another solar energy project in our home state, said Mike Hooper, NIPSCO president. The addition of Elliot Solar to NIPSCO s portfolio is a major step in our transition to lower-cost, cleaner and reliable energy for our customers.
Located in Gibson County, the Elliot Solar project is expected to begin construction in summer 2022 and begin commercial operations in summer 2023.
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MERRILLVILLE, Ind., April 13, 2021 /PRNewswire/ Northern Indiana Public Service Company, LLC (NIPSCO), a subsidiary of NiSource Inc. (NYSE: NI), and the Clean Energy Infrastructure (CEI) business of Capital Dynamics, an independent global private asset management firm, today announced that they have signed a build transfer agreement (BTA) to bring 200 megawatts (MW) of solar energy to Indiana with the Elliot Solar project. We are proud to partner with Capital Dynamics on another solar energy project in our home state, said Mike Hooper, NIPSCO president. The addition of Elliot Solar to NIPSCO s portfolio is a major step in our transition to lower-cost, cleaner and reliable energy for our customers.
Capital Dynamics and Northern Indiana Public Service Company (NIPSCo), part of NiSource, have signed an agreement to bring 200MW of solar energy to the US state.
The build-transfer agreement is for the Elliot Solar project, in Gibson County, which will begin construction in summer 2022 and begin commercial operations in summer 2023.
Capital Dynamics will construct the project, and NIPSCO will enter into a joint venture once construction is complete. We are proud to partner with Capital Dynamics on another solar energy project in our home state, said Mike Hooper, NIPSCo president. The addition of Elliot Solar to NIPSCo s portfolio is a major step in our transition to lower-cost, cleaner and reliable energy for our customers.
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