Invenergy has announced that the Illinois Commerce Commission (ICC) has issued approval for the company to enter into long-term power purchase agreements (PPAs) with ComEd and Ameren Illinois. As a result, Invenergy will complete the development of two new energy centers in the state.Â
Invenergy will enter into two 20-year agreements with ComEd: one for wind power and one for solar power. Invenergy also will enter into a 20-year wind power contract with Ameren Illinois.Â
Approval for the three Invenergy agreements follows a procurement process that began in August, when the IPA issued a request for proposals. Final contracts are expected to be executed by the end of this month, with energy delivery beginning in the summer of 2012.
Energy for all three agreements will be generated from a combination of new and existing facilities in Illinois, and will contribute toward the state's clean energy plan.
In accordance with the PPAs, Invenergy will construct the Bishop Hill II wind project in Henry County for its contract with Ameren Illinois, with wind energy for ComEd to be generated at Invenergy's existing Grand Ridge IV renewable energy center in LaSalle County. Solar energy for Invenergy's contract with ComEd will be generated at a photovoltaic facility to be built in Illinois.Â