Infrastructure and Energy Alternatives, Inc. Awarded $50 Million Wind Construction Contract in Iowa Infrastructure and Energy Alternatives, Inc. Indianapolis, Indiana, UNITED STATES
INDIANAPOLIS, April 27, 2021 (GLOBE NEWSWIRE) Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”), a leading infrastructure construction company with renewable energy and specialty civil expertise, today announced that the Company has been awarded the Plymouth Wind Energy Center contract valued at approximately $50 million. Invenergy, a leading privately-held global developer, owner, and operator of sustainable energy solutions, awarded this project to IEA Constructors, a subsidiary of IEA that manages utility-scale renewable energy and heavy civil infrastructure projects.
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Daily Energy Insider
Published on April 23, 2021 by Chris Galford
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At a virtual climate summit Thursday, President Joe Biden made the ambitious announcement of a new U.S. greenhouse gas pollution reduction target, aiming to cut 50 percent of emissions by 2030, when compared to 2005 levels.
In the wake of the news, the energy industry rallied behind the news, which would amount to more than double the country’s prior commitment under the 2015 Paris climate agreement. Although it would require major work in the energy and transportation sectors, major groups including the American Clean Power Association (ACP), American Gas Association (AGA), Edison Electric Institute (EEI) and Electric Power Research Institute (EPRI) all saw such goals within reach.