NIPSCO and Capital Dynamics sign 200 MW solar energy BTA

capital dynamics

The Northern Indiana Public Service Company (NIPSCO) has signed a BTA to bring 200 MW of solar energy to Indiana with the Elliot Solar project. The Elliot Solar project is expected to begin construction in Gibson County, Indiana in summer 2022 and start commercial operations the following summer. Capital Dynamics will construct the project, and NIPSCO will enter into a joint venture once construction is complete.

“We are proud to partner with Capital Dynamics on another solar energy project in our home state,” said Mike Hooper, NIPSCO president. “The addition of Elliot Solar to NIPSCO’s portfolio is a major step in our transition to lower-cost, cleaner and reliable energy for our customers.”

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“Capital Dynamics is proud to further expand our presence in Indiana and contribute to the state’s on-going energy transition,” said John Breckenridge, Head of Clean Energy Infrastructure at Capital Dynamics. “We applaud NIPSCO for its commitment to providing customers with sustainable energy solutions.” 

This project adds to NIPSCO’s two operating wind farms as well as 11 renewable energy projects previously announced as part of NiSource‘s customer-centric “Your Energy, Your Future” initiative, which includes the generation transition plan at NIPSCO. The company plans to be coal-free by 2028, adding cleaner energy sources to its existing portfolio of natural gas and hydroelectric generation. NIPSCO’s industry-leading generation transition will deliver a more affordable, reliable and sustainable energy mix for NIPSCO customers for years to come – saving customers $4 billion over the long term.

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