IEA Subsidiary Secures $75M for Illinois Wind Farm

Friday, January 14, 2022 02:28 PM EDT
By Mary Roberts, Writer/Reporter
(photo courtesy of Infrastructure and Energy Alternatives Inc.)

White Construction, a subsidiary of Indianapolis-based Infrastructure and Energy Alternatives Inc. (Nasdaq: IEA), has secured a $75 million contract with Chicago-based Invenergy to construct a wind farm. IEA says the Sapphire Sky Wind Project is a 250-megawatt utility-scale wind farm in McLean County, Illinois.

IEA will engineer and construct 64 wind turbines and about 20 miles of access roads. IEA says the project is expected to create almost 300 construction jobs.

“Invenergy is a valued, long-term partner of IEA, a company whose commitment to building sustainable energy solutions of scale closely aligns with our vision and values,” said JP Roehm, chief executive officer of IEA. “We are proud to partner with them on this important project, one that further positions Illinois as a leading producer of domestic wind energy, while providing significant socio-economic benefits to the citizens of McLean County.”

The project, which began last year, is expected to be complete by the end of the year.