Invenergy today announced it commenced commercial operations at its 250MW Blooming Grove Wind Energy Center in Illinois. Accordingly, the facility’s output in McLean County will supply electricity to Verizon and Saint-Gobain North America. In fact, this will be under separate virtual power purchase agreements (PPA).
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Invenergy on the 250MW Blooming Grove Center
Earlier today, Invenergy announced it commenced commercial operations at its 250MW Blooming Grove Wind Energy Center facility. Indeed, the center is located in McLean County, Illinois.
Accordingly, the output from the facility will supply electricity to Verizon and Saint-Gobain North America. Therefore, these transactions will be under separate virtual power purchase agreements (PPA).
In this regard, Invenergy chief commercial officer Jim Shield said: “As a leading partner to corporate renewable energy purchasers, Invenergy is proud to celebrate this milestone with Verizon and Saint-Gobain. Besides, we commend their dedication to investing in clean energy and fostering resilient, sustainable communities.”
Therefore, through its 130MW PPA, Verizon will focus its efforts to achieve carbon neutrality in its operations by 2035. In fact, the company aims to achieve Scope 1 and 2.
Moreover, Invenergy and Verizon also entered into three 15-year contracts for an aggregate of 525MW of capacity. Indeed, the most considerable portion of Verizon’s latest renewable energy purchases.
Verizon and Saint-Gobain reception
Furthermore, the generation will come from three solar projects. In fact, all of them will become operational by the end of 2023.
“Verizon is committed to supporting the transition to a greener grid by making substantial investments in renewable energy. Thus, including Invenergy’s Blooming Grove facility,” said James Gowen, Verizon chief sustainability officer and vice president, supply chain operations.
“Moreover, Through its second $1bn green bonds announced last year, Verizon is intent on bringing new renewable energy to the grids that power our networks.”
Invenergy’s 120MW PPA with Saint-Gobain North America represents the largest renewable energy deal to date for Saint-Gobain. Besides, it is the company’s first wind farm.
Milwaukee-based WEC Energy Group has invested in Blooming Grove at 90% ownership interest. In fact, Invenergy retains a minority ownership position.
Finally, Invenergy Services will provide operations and maintenance. Also, it will provide a balance of plant, energy management, and asset management services. In brief, all of this, under a long-term agreement.