Skip to main content

AEP subsidiary signs deal to buy power from $1 billion Indiana solar project

May 05, 2021

E&E Energywire ($):

A $1 billion Midwest solar project that could be the largest in the U.S. has reached a long-term agreement to sell power to a subsidiary of utility giant American Electric Power Co.

AEP Energy, the competitive energy supplier subsidiary, announced the power purchase agreement yesterday with the developer of the Indiana solar project, Global Energy Generation LLC.

The first phase of the 1.65-gigawatt Mammoth Solar project will begin construction later this year and will be operational with 480 megawatts in the spring of 2023. AEP agreed to purchase power from the initial phase.

“AEP Energy is focused on providing customers with integrated, carbon-free energy supplies that deliver long-term price stability while benefitting the environment and surrounding communities,” Greg Hall, president of AEP Energy, said in a statement.

The Mammoth project would be more than twice as large as the 690-MW Gemini solar project in the southern Nevada desert, which was said to be one of the nation’s largest when it was approved by the Trump administration last year.

[Jeffrey Tomich]

More: Mammoth Solar project inks energy deal with AEP

Join our newsletter

Keep up to date with all the latest from IEEFA