Energy Companies Reach Deal on Indiana Wind Farm
PORTLAND - Two energy companies have completed a 15-year power purchase agreement for renewable energy from a Jay County wind farm. Colorado-based Scout Clean Energy and Exelon-owned Constellation have agreed to a purchase of 80 percent of the renewable energy and capacity generated by the Bitter Ridge Wind Farm.
Scout received final approvals in September to install capacity and to use up to 52 wind turbines on 10,000 acres in Jay County. Scout has signed purchase orders for the turbines and also entered into a balance of plant construction agreement with Mortenson.
"We are excited to announce our agreement with Constellation to purchase power from the Bitter Ridge Wind Farm for the next 15 years," said Michael Rucker, chief executive officer and founder of Scout Clean Energy. "Constellation has agreed to purchase both renewable energy production and capacity that will be generated and made available by the Bitter Ridge Wind Farm once built and operational. Their long-term purchase commitment demonstrates why Constellation is one of America's leading clean energy providers."
Developers hope to begin construction later this year, and anticipate having the plant online by September 2020.