National Grid Renewables Signs Power Purchase Agreement with IMEA [Yahoo! Finance]
National Grid Transco, PLC National Grid PLC (NEW) American Depositary Shares (NGG)
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Source: Yahoo! Finance
execution of a power purchase agreement with the Illinois Municipal Electric Agency (IMEA) for its Bee Hollow Solar Project (Bee Hollow), a 150-megawatt (MW) development located in St. Clair County, Illinois Anticipated to begin construction in 2025, Bee Hollow will join the previously announced Prairie Wolf Solar , located in nearby Coles County, Illinois , and will expand National Grid Renewables' operating solar portfolio in the state to 350 MW. "We're extremely proud of our deep roots in the Midwest, and our commitment to bringing clean, sustainable energy solutions to its residents remains firm," said Blake Nixon , President and CEO of National Grid Renewables. "The expansion of our portfolio in Illinois will further that commitment and we're excited to see the positive impacts the Bee Hollow Project will provide to local residents in the form of jobs, new tax revenue and charitable giving." "The addition of the Bee Hollow solar project to our power portfolio significantly
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