The Customer Savings Plan is expected to result in the investment of more than U.S. $1.1 billion, while reducing energy costs for customers over the life of the projects.
Algonquin Power & Utilities Corp. (APCU) announced that its regulated utility business, Liberty Utilities, has received certificates of convenience and necessity (CC&N) to acquire three wind farms. The projects are collectively referred to as the Customer Savings Plan.
Generating up to 600 MW of wind energy, the projects are located in Barton, Dade, Lawrence, and Jasper Counties in Missouri and in Neosho County, Kansas.
“The receipt of the CC&Ns is an important milestone in the implementation of the Customer Savings Plan,” said Ian Robertson, Chief Executive Officer of APUC. “The addition of 600 MW of wind energy to displace fossil-based energy sources will not only provide cost-saving benefits to our Midwest electric utility customers but will also deliver other significant economic and environmental benefits.”
Receipt of the CC&N allows construction to commence on the Customer Savings Plan.projects. Construction of the three wind farms is expected to begin in the third quarter of 2019 and to be completed by the end of 2020.
“Initiatives such as the Customer Savings Plan are important in the transition of our supply mix to clean energy sources and underpin APUC’s commitment to contribute meaningfully to a sustainable energy future,” added Robertson.
Filed Under: News, Projects
