NIPSCO and Capital Dynamics Sign 280MW Solar Energy Power Purchase Agreement
Dec 28, 2020 3:04 PM ET Legal Newswire POWERED BY LAW.COM
Northern Indiana Public Service Company LLC (NIPSCO), a subsidiary of NiSource Inc. and the Clean Energy Infrastructure (CEI) business of Capital Dynamics, an independent global private asset management firm, signed a long-term Power Purchase Agreement (PPA).
Capital Dynamics
Under the terms of the PPA, NIPSCO will purchase 280MW of the power generated by a CEI-owned greenfield solar project called Gibson Solar, one of two projects being developed by CEI in Gibson County, Indiana. Arevon Energy Management and Tenaska are co-developing this project and were instrumental in the signing of the PPA.
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NIPSCO and Capital Dynamics Sign 280MW Solar Energy Power Purchase Agreement
Agreement furthers goal of bringing more affordable, cleaner energy to NIPSCO consumers
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NEW YORK and MERRILLVILLE, Ind., Dec. 16, 2020 /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, signed a long-term Power Purchase Agreement (PPA).
Capital Dynamics
Under the terms of the PPA, NIPSCO will purchase 280MW of the power generated by a CEI-owned greenfield solar project called Gibson Solar, one of two projects being developed by CEI in Gibson County, Indiana. Arevon Energy Management and Tenaska are co-developing this project and were instrumental in the signing of the PPA.