International Resource News - 08 February 2021

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Indianapolis Power & Light Company, a subsidiary of the AES Corporation (NYSE: AES), has signed a contract to acquire a 195 megawatt solar project.

The project is situated at Clinton County, Indiana and is likely to be completed in 2023. The solar facility is to generate enough electricity to power over 30,000 homes. Invenergy is to develop the project and manage construction. Construction of the project is likely to commence in the autumn this year and reach commercial operation in 2023

The deal is subject to approval from the Indiana Utility Regulatory Commission.

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