EDP Renewables and NIPSCO Enter Into Long-Term Agreement for the 198-Megawatt Carpenter Wind Farm in Indiana

This contract marks NIPSCO and EDP Renewables’ fifth renewable energy project to bring to Indiana, totaling more than 1,000 megawatts of clean energy generation in the Hoosier State.

Remington, Indiana, June 19, 2023 (GLOBE NEWSWIRE) -- EDP Renewables SA (EDPR), through its fully owned subsidiary EDP Renewables North America LLC (EDPR NA), and Northern Indiana Public Service Company, LLC (NIPSCO), a subsidiary of NiSource Inc. (NYSE: NI), have signed a 20-year power purchase agreement (PPA) for the 198-megawatt (MW) Carpenter Wind Farm in Jasper County, Indiana. This PPA is included in the announcement EDPR issued on April 17, 2023.

Carpenter Wind Farm, located outside of the town of Remington in the northwestern region of Indiana, is anticipated to be operational in 2025 and will power the equivalent of more than 53,000 Hoosier homes each year. The project, which represents an estimated capital investment of approximately $365 million, will provide significant economic benefits to the surrounding area over its multi-decade operational life. It will also contribute approximately $70 million in payments to landowners and an additional $38 million to local governments, benefiting schools, local infrastructure, and other essential public services. Additionally, EDP Renewables recently signed a voluntary contribution agreement to provide $1.6 million to the Town of Remington to support projects that benefit residents of the Town. The wind farm’s continued development and eventual construction and operations will bring increased spending within 50 miles of the project, supporting local stores, restaurants, hotels, and other construction-related businesses. It is expected to create 150-200 full-time equivalent jobs during construction and around one dozen permanent operations jobs.

“Jasper County is pleased to be partnering with EDPR on the Carpenter Wind project that will be located and operating in the southern region of the county,” said Rein Bontreger, President of Jasper County Board of Commissioners. “Jasper County is anticipating the agreed improvements to the county roads in the wind project area and looking forward to the opportunity to invest the economic development agreement dollars county side for a variety of projects that will assist in making improvements that will endure for many years to come.”