abatement covering seven years instead of 10 years from the Vigo County
Council for a proposed $180 million solar farm to be build in southern Vigo
County and northern Sullivan County.
Council President Aaron Loudermilk said there was some confusion as an
ordinance presented to the council stated real and personal property taxes,
however, that is statutory language to establish an economic revitalization
area for abatements, he said. The abatement petition was only seeking a
personal property tax abatement on $100 million in equipment, as about 60%
of the project is in Vigo County, said Nathan J. Hagerman, attorney for
Duke Energy.
presented a revised tax abatement option Tuesday for seven years. The
constructing a $180 million solar farm in southern Vigo County and
northern Sullivan County after the Vigo County Council on Tuesday
unanimously approved tax abatements.
tax abatement on personal property of $100 million, as about 60% of
the project is in Vigo County.
Tim Hayes, environmental development director for Duke Energy s
commercial renewable sites, said the company next will meet with
Sullivan County officials.
Vigo County Council vote.
the marketing of the power from the project and that all has to fall
in place for the project to move forward, to find a customer for the
output, Hayes said.
company would have to determine if the project could be redesigned.
Apr. 14 Duke Energy Renewables Solar LLC took its first step toward constructing a $180 million solar farm in southern Vigo County and northern Sullivan County after the Vigo County Council on Tuesday unanimously approved tax abatements. The County Council approved a 10-year tax abatement on property and 10-year tax abatement on personal property of $100 million, as about 60
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Source:
Tribune-Star
Apr. 7 Duke Energy Renewables Solar LLC is planning to build a $180 million solar farm in southern Vigo County and northern Sullivan County.
The company Tuesday went before the Vigo County Council seeking a 10-year tax abatement on property and 10-year tax abatement on personal property of $100 million, as about 60 percent of the project is in Vigo County. It is a proposed project built in two counties, both Vigo and Sullivan counties, which is being called Hoosier Jack Solar, said Tyler Coon, business development manager for Duke Energy Renewables Solar.
The company proposes a 175 megawatt, ground-mounted solar generation facility, would provide enough electricity to power 35,000 homes. Of the $100 million in Vigo County, about $95 million is for new solar equipment, with $5 million for site preparation, Coon said.
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