Retail Supplier Signs Long-Term PPA For Supply From Wind Farm
July 11,2019
Scout Clean Energy announced the signing and completion of a 15-year Power Purchase Agreement (PPA) with Constellation, an Exelon company, for the long-term purchase of approximately 80% of the renewable energy and capacity generated by the 130 MW Bitter Ridge Wind Farm ("Bitter Ridge") in Jay County, Indiana.
"Constellation has agreed to purchase both renewable energy production and capacity that will be generated and made available by the Bitter Ridge Wind Farm once built and operational," Scout said
The Bitter Ridge project is expected to begin construction later this year with an anticipated in-service date of September 2020. Bitter Ridge is being developed and will be owned and operated by Scout Clean Energy. Scout is a portfolio company of Quinbrook Infrastructure Partners, a private equity infrastructure fund.