Colorado based renewable energy developer and operator. recently announced the closing of construction financing and tax equity. Commitments for the Wind Farm in Jay County. Indiana. Bitter Ridge has been developed by Scout and will. be owned and operated long. term by Scout’s dedicated asset management team. Scout is a portfolio company. Infrastructure Partners. A specialist investment manager focused exclusively on lower carbon and renewable energy. Infrastructure investment and operational asset management in the and Australia. Construction on Bitter Ridge.
Which is located on approximately
Acres in Jay County has all turbine foundations complete ahead of the winter season. The project will utilize 0f the latest generation GE 2 MW Switzerland Phone Number Data platform wind turbines. Scout has signed firm purchase orders for the supply of the wind turbines with General Electric and has entered into a balance of plant construction services agreement with Mortenson. As previously announced by. Scout earlier this year. Power Purchase Agreement has been signed with Constellation, an Exelon company. for the long-term purchase of approximately.
Greenhouse Gas Equivalency Calculator
Bitter Ridge is predicted to offset more than metric tons of carbon dioxide emissions annually and over 10 million metric tons during its operating life. Scout estimates that Jay County will receive more than $18 million in tax revenue from Taiwan Phone Number List Bitter Ridge over the operating life of the project, with over half going to directly supporting local schools in Jay County. Additionally, Jay County will receive million in economic development payments made by Bitter Ridge for the benefit of several local community initiatives.
