Utilities, Industrial, Solar - March 8, 2023
AEP Energy Partners Signs PPA for Indiana Solar Farm
AEP Energy Partners (AEPEP), a subsidiary of American Electric Power, and a wholesale energy supplier signed a PPA for a 188-megawatt (dc) solar project located in New Carlisle, Indiana.
The Honeysuckle Solar project will reduce carbon dioxide emissions by 204,000 metric tons each year. The PPA was signed with solar company Lightsource bp.
“AEP Energy Partners is proud to provide customers with integrated, carbon-free energy that fulfills their sustainability goals, delivers long-term price stability, and benefits the environment. Our partnership with Lightsource bp demonstrates our commitment to the development of new renewable resources that both empower local communities and support a cleaner, brighter energy future,” said Greg Hall, Executive Vice President & Chief Commercial Officer, AEP in a statement.
Lightsource bp will finance, build, own and operate the facility and sell the solar energy it generates to AEP Energy Partners under a long-term PPA. Construction of the project has been initiated on-site with commercial operation starting in 2024. South Bend-based Inovateus Solar LLC is the construction contractor for the facility.