Invenergy Unveils 250-MW Solar Farm in Indiana

• Invenergy's 250-MW Fairbanks Solar Center powers 50,000+ Indiana homes, boosting clean energy with NIPSCO's acquisition, marking a pivotal step in sustainable energy transition.

Invenergy has launched the 250-MW Fairbanks Solar Energy Center in Sullivan County, Indiana, now operational and acquired by Northern Indiana Public Service Company (NIPSCO). The facility is expected to power over 50,000 homes and businesses, enhancing Indiana's energy diversity. It is Invenergy's second solar plant in the state, employing four full-time staff for operations and maintenance under Invenergy Services.

NIPSCO, a NiSource Inc subsidiary, is incorporating the Fairbanks plant into its portfolio to transition towards cost-effective, reliable clean energy. Invenergy is also advancing other projects in Sullivan County, including the Trade Post Solar Energy Center, Sycamore Riverside Energy Center, and the Grain Belt Express transmission line.

How Will Fairbanks Solar Energy Center Impact Indiana's Energy Landscape and NIPSCO's Portfolio?

• Increased Renewable Energy Capacity: The Fairbanks Solar Energy Center adds 250 MW of solar capacity to Indiana's energy grid, significantly boosting the state's renewable energy resources.
• Diversification of Energy Sources: By incorporating solar energy, Indiana reduces its reliance on fossil fuels, enhancing energy security and stability.
• Environmental Benefits: The shift to solar energy helps reduce greenhouse gas emissions, contributing to Indiana's environmental sustainability goals.
• Economic Impact: The project creates jobs during construction and provides long-term employment opportunities for operations and maintenance, stimulating local economies.
• NIPSCO's Transition Strategy: The addition of the Fairbanks Solar Energy Center aligns with NIPSCO's strategy to transition to cleaner energy sources, reducing its carbon footprint and meeting regulatory requirements.
• Cost-Effectiveness: Solar energy offers a more predictable and potentially lower cost of electricity over time, benefiting consumers with stable energy prices.
• Grid Reliability and Resilience: The integration of solar energy enhances grid reliability and resilience, providing a diversified energy mix that can better withstand disruptions.
• Community Engagement and Support: Projects like Fairbanks Solar Energy Center often involve community engagement, fostering local support and awareness of renewable energy benefits.
• Future Expansion Potential: The success of the Fairbanks project may encourage further investment in renewable energy infrastructure in Indiana, paving the way for additional projects and innovations.
• Alignment with State and National Goals: The project supports Indiana's and the nation's goals for increasing renewable energy capacity and reducing carbon emissions.