The acquisition includes the Paddock and Albany solar projects located in Rock and Green counties, Wisconsin
The two solar projects have a total capacity of 115MW. (Credit: PublicDomainPictures from Pixabay)
Alliant Energy has completed the acquisition of two solar projects in the US from the global private asset management firm Capital Dynamics.
The acquisition includes the Paddock and Albany solar projects located in Rock and Green counties, Wisconsin.
The two solar projects have a total capacity of 115MW.
The projects were developed by the Clean Energy Infrastructure (CEI) business of Capital Dynamics together with Tenaska.
Alliant Energy resource development director Ben Lipari said: “We are excited to add these projectsto our renewable portfolio, and proud to be delivering cleaner energy while investing in local communities.
“Through our purpose-driven strategy, these projects represent continued investment where we have long-standing partnerships with local businesses and community leaders. The collaboration between Capital Dynamics and Tenaska has these projects well positioned for success.”
The solar projects to contribute to Alliant Energy’s 1GW goal in Wisconsin
Expected to be in service by the end of 2023, the Paddock solar project will have a generation capacity of 65ME, while Albany will have 50MW.
The two solar projects are expected to contribute to Alliant Energy’s target to have 1GW solar capacity in Wisconsin by 2023.
Once operational, the Paddock and Albany solar projects could produce power for approximately 30,000 Wisconsin homes.
In May, Alliant Energy announced its plans to acquire and advance six solar projects with a total output of 675MW to be located across six Wisconsin counties.
The projects include a 200MW solar project from NextEra Energy Resources, located in Grant County, a 150MW project from Ranger Power in Sheboygan County, a 150MW project from Savion in Wood County, a 75MW from Ranger Power in Jefferson County, a 50MW project from Geronimo Energy in Rock County and a 50MW project from Savion in Richland County.