Ameren to purchase 150-MW Illinois photo voltaic challenge from Invenergy

February 17 (Renewables Now) – US utility Ameren Missouri has struck a deal to accumulate a 150-MW photo voltaic challenge that’s being developed by Chicago, Illinois-based Invenergy LLC within the latter’s residence state.

The Missouri-focused electrical utility held by Ameren Corp (NYSE:AEE) introduced the settlement on Wednesday with out offering monetary particulars. The identify of the goal challenge was not disclosed, both.

Situated within the southeastern components of Illinois, the photo voltaic photovoltaic (PV) plant might begin business operations as early as 2024. Its commissioning will rely upon the well timed issuance of regulatory permits, the customer mentioned.

The acquisition aligns with the objectives set in Ameren’s 2020 built-in useful resource plan, which envisages an funding of USD 4.5 billion (EUR 4bn) to again the deployment of three.1 GW of renewables capability by 2030. By 2040, the utility goals to have 5,400 MW of put in renewable power vegetation.

The deal is topic to closing situations and regulatory clearance.

(USD 1.0 = EUR 0.879)

Join Renewables Now’s free daily newsletter now!

Source

Leave a Reply