This wind farm is expected to be completed and operational by 2020. It could be located in Kossuth County in North Central Iowa, which is considered to have strong wind resources.
This project is expected to feature 60 turbines and will generate enough electricity to power 70,000 US homes.
Alliant Energy has entered into a contract with Invenergy to buy the project following the completion of the development of the wind farm.
Decision from PSCW is expected to be received early next year and the construction of the wind farm could begin by next summer.
Alliant Energy president John Larsen said: “We are providing our customers with more renewable energy that will keep rates competitive and help bolster economic development in our communities.
“Wind energy continues to play a major role in diversifying our energy mix and transitioning us to a clean energy future.”
The company plans to invest nearly $2 billion in cost-competitive wind energy across Iowa and Wisconsin by the end of 2020.
The investments are expected to help the company achieve its target of reducing carbon dioxide by 40% by 2030 from 2005 levels.
In April, the company received approval from Iowa Utilities Board to build 1GW of wind energy in the state, to power 430,000 homes.
Alliant Energy is the trade name of Wisconsin Power and Light Company (WPL), which is a subsidiary of Alliant Energy Corporation. The company provides services to 470,000 retail customers and natural gas services to 190,000 retail customers across central and southern Wisconsin.
The company said: “Customers will benefit directly from fuel-free renewable energy that provides long-term cost stability.
“The cost to build new wind projects has decreased significantly over the last several years. This is largely the result of continued technological advancements that improve turbine efficiency.”