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Scout completes power purchase agreement with Constellation for the Bitter Ridge Wind Farm, USA

Published by , Editorial Assistant
Energy Global,


Scout Clean Energy has 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 Jay County, Indiana, US.

In September, Scout received final local approvals for the Bitter Ridge Wind Farm to proceed to construction. The project will have installed capacity of 130 MW and will utilise up to 52 wind turbines to be located on approximately 10 000 acres in Jay County. Scout has signed firm purchase orders for the supply of 52 of the GE 2.82 series wind turbines and has entered into a balance of plant construction services agreement with Mortenson.

"We are excited to announce our agreement with Constellation to purchase power from the Bitter Ridge Wind Farm for the next 15 years," said Michael Rucker, CEO and founder of Scout Clean Energy.

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 leading private equity infrastructure fund.

"The PPA with Constellation is one of the final steps for the project to begin construction and commercial operation," Rucker said. "We expect to confirm the appointment of our construction financiers and tax equity finance providers shortly and to move swiftly to financial close. Scout is excited to offer this economic benefit to our landowner partners and to the broader Jay County community. We look forward to being an active contributor to the community for many years to come."

Read the article online at: https://www.energyglobal.com/wind/15072019/scout-completes-power-purchase-agreement-with-constellation-for-the-bitter-ridge-wind-farm-usa/

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