Wisconsin regulators have approved the sale of half of a 300-megawatt solar farm under construction in southwestern Wisconsin to Madison Gas and Electric and We Energies, Kallanish Energy reports.
The two utilities will pay a combined $207.6 million to Illinois-based developer Invenergy for 50% of the Badger Hollow Solar Farm, believed to be one of the largest solar farms in the U.S. east of the Rocky Mountains.
The Wisconsin Public Service Commission voted 2-0 to authorize the purchase, agreeing with the utilities’ the solar farm is the lowest-cost means of meeting their capacity needs, the Wisconsin State-Journal reported.
With the additional purchase, Madison Gas will own 33% of Badger Hollow, which is scheduled to come online by the end of 2020. Subsidiaries of the WEC Energy Group, We Energies parent company, will own the remainder.
Madison Gas and WEC both said solar power was the lowest-cost scenario to grow their power portfolios.
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