NIPSCO Announces New Indiana-Based Solar Projects to Power 270,000 Homes by 2023
October 21, 2020
Northern Indiana Public Service Company LLC (NIPSCO), a subsidiary of NiSource Inc. (NYSE: NI), today announced that it will bring an additional 900 megawatts (MW) to Indiana with the Dunns Bridge I, Dunns Bridge II and Cavalry Solar Energy Centers as part of the company’s long-term generation strategy.
NIPSCO has finalized three build transfer agreements with subsidiaries of NextEra Energy Resources, LLC, the world’s largest generator of renewable energy from the wind and the sun and a leader in energy storage. The solar projects are expected to begin construction in 2022 and expected to be operational in 2022 and 2023.
NextEra Energy Resources will construct the projects and NIPSCO will enter into joint ventures to own, and operate and maintain some facets of these assets once construction is complete.