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Transactions - MAY 3, 2021

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Utilities to take majority stake in Wisconsin’s largest renewable project

by Kali Persall

We Energies and Wisconsin Public Service, the largest utilities in WEC Energy Group, are planning to acquire what will be the largest renewable energy project in the state of Wisconsin, if approved.

The planned 465-megawatt Koshkonong Solar Energy Center is a solar and battery storage project located in south-central Wisconsin. The facility would feature 300 megawatts of solar generation and 165 megawatts of battery storage and require a total investment of $649 million.

The project is being developed by Invenergy. If approved, construction is expected to begin in late 2022, with commercial operation to begin in 2024.

“The Koshkonong project is another key component in our effort to build a sustainable future and ensure electric reliability in the region,” said Tom Metcalfe, president of We Energies and WPS. “We saw this winter in Texas and other states the dangerous results when people are without heat and power. Our focus on investing in affordable, reli

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