Global renewable energy developer Invenergy started construction on the 250-MW Sapphire Sky Wind Energy Center located in McLean County, Illinois. Sapphire Sky Wind broke ground at the end of 2021 and is scheduled to begin commercial operations in December of 2022.
“We’re proud to be expanding Invenergy’s notable footprint in our home state of Illinois,” said Meghan Schultz, executive VP of finance and capital markets at Invenergy. “The continued collaboration of our valued lender partners, who share our vision of a more sustainable world, make our ambitious but essential projects possible.”
Once operational, Milwaukee-based WEC Energy Group will acquire 90% ownership interest in Sapphire Sky Wind, and Invenergy will retain a minority ownership position.
Invenergy Services, a subsidiary of Invenergy, will oversee operations and maintenance while providing balance of plant and administrative services under a long-term agreement.
“Invenergy Services will be working onsite every day providing best-in-class services to ensure Sapphire Sky Wind operates safely and efficiently,” said Kevin Schroeder, senior VP of renewable operations at Invenergy. “The project will add to the 1,344MW of energy facilities currently managed by Invenergy Services in Illinois.”
Sapphire Sky Wind will generate enough electricity to power nearly 80,000 homes each year, while supporting approximately 300 jobs during the 12-month construction period and 9 full-time operations and maintenance jobs once completed. The project will invest more than $170 million in the local community through property taxes, landowner payments and wages and benefits.
“With construction underway, we’re thrilled to bring new jobs and economic growth to McLean County,” said Art Fletcher, executive VP of construction at Invenergy. “We look forward to delivering more reliable, affordable clean energy and investment in our project host communities across Illinois for years to come.”
News item from Invenergy
Filed Under: News, Projects
