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Transactions - AUGUST 2, 2022

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CenterPoint Energy seeks approval for 130MW of renewable energy to serve southwestern Indiana

by Denise Moose

CenterPoint Energy announced its Indiana-based electric and natural gas business, CenterPoint Energy Indiana South, is seeking approval from the Indiana Utility Regulatory Commission (IURC) to acquire a 130-megawatt solar array as part of the company's long-term electric generation transition plan.

CenterPoint Energy has entered into an agreement with Invenergy, who will construct the 130-megawatt utility-owned project in Pike County, Ind., to acquire the project upon its completion. This project represents the third round of solar agreements introduced as part of the utility's plan to meet stakeholder sustainability goals and implement a more cost-effective and diversified energy generation portfolio. The agreement is subject to IURC approval. The company was previously granted approval to build a solar array in Posey County now sized at 200 megawatts, as well as enter into power purchase agreements totaling more than 400 megawatts in Warrick, Vermillion and Knox Counties in

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