 -- Meta Platforms, Inc (Nasdaq: META) announced it has signed four contracts with Chicago-based energy owner, operator and developer, Invenergy, for 760 megawatts of clean energy. These new Environmental Attribute Purchase agreements (EAPAs) bring Meta's total clean energy procurement from Invenergy to over 1 gigawatt.

“Energy demand is soaring—and Invenergy is excited to work with Meta to deliver long-term, clean energy solutions to support their operations,” said Ted Romaine, Invenergy Executive Vice President of Origination. “As the largest privately held clean energy owner, operator and developer, we’re pleased that Invenergy’s utility-scale solar projects can contribute to meeting Meta’s clean energy goals, while also providing good-paying jobs and generating millions in local economic benefits.”

“Surpassing the 1 gigawatt milestone in renewable energy procurement from Invenergy is a testament to Meta’s commitment to matching our growing power needs with clean energy,” said Urvi Parekh, Meta’s Head of Global Energy. “We’re grateful for Invenergy’s long-term collaboration. These projects will help us continue our commitment to support all of our operations with 100% clean energy.” 

Meta’s EAPAs are contracted through four Invenergy-developed facilities strategically located across the U.S. to meet soaring energy demand with domestically produced electricity. These solar energy centers include:

The electricity from these projects will be delivered to the local grid, increasing regional reliability by delivering power to nearby homes and businesses, while Meta will receive clean energy credits for bringing new generation capacity online.

Invenergy is accelerating cleaner, more reliable, affordable energy. Invenergy and its affiliated companies, develop, build, own and operate large-scale renewable and other clean energy generation, transmission and storage facilities in the Americas, Europe, and Asia. Headquartered in Chicago, Invenergy has regional development offices in the United States, Canada, Mexico, Spain, Japan, Poland and Scotland.

Invenergy and its affiliated companies have successfully developed more than 32,000 megawatts of projects that are in operation, construction or contracted, including wind, solar, transmission infrastructure, and natural gas power generation and advanced energy storage projects.

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Invenergy to provide over 760MW in renewable energy, supporting Meta’s energy needs in line with its clean and renewable energy goals

One-of-a-kind Illinois Facility to Advance Clean Energy Economy 

– Invenergy, the leading privately held developer, owner, and operator of sustainable energy solutions, today announced it has broken ground on its Center of Excellence (CoE), a $30 million clean energy training and manufacturing facility located at 790 Remington Boulevard in Bolingbrook, Illinois, about 30 miles outside Chicago. The new facility will span 135,000 sq. ft. and is anticipated to open in the fourth quarter of 2024 following the buildout of the existing site which will employ over 250 local construction workers. 

“The Center of Excellence is Invenergy’s latest investment in the workforce of the future and reinforces our leadership in meeting the growing demand for clean energy,” said Steve Dowdy, Executive Vice President and Operating Business Leader at Invenergy. “As we collectively meet today’s rapidly expanding energy needs, this state-of-the-art training and equipment refurbishment facility continues our commitment to the region, elevating Chicagoland, Illinois, and the US as the tip of the spear for energy infrastructure investment and innovation." 

The CoE will be comprised of four main components: 

“Invenergy’s investment in Bolingbrook represents an exciting new partnership,” said Village of Bolingbrook Mayor Mary Alexander-Basta. “We are proud to support these new clean energy manufacturing and workforce investments in our local community.” 

“The Center of Excellence is a welcome investment, creating jobs and providing hands-on training to support a workforce of the future,” said Will County Executive Jennifer Bertino-Tarrant. “This project will drive local innovation and progress, building upon Will County’s leadership in the clean energy economy.” 

“Illinois continues to lead the nation in new energy innovation and investment, demonstrated by Invenergy’s commitment to this one-of-a-kind facility here in Bolingbrook,” said IL State Representative Natalie Manley.

The CoE builds upon Invenergy’s over 20-year history of investments in Illinois, including the current 

Invenergy is accelerating cleaner, more reliable, affordable energy. Invenergy and its affiliated companies develop, build, own, and operate large-scale renewable and other clean energy generation, transmission and storage facilities in the Americas, Europe, and Asia. Headquartered in Chicago, Invenergy has regional development offices in the United States, Canada, Mexico, Spain, Japan, Poland, and Scotland.  

Invenergy and its affiliated companies have successfully developed more than 31,000 megawatts of projects that are in operation, construction or contracted, including wind, solar, transmission infrastructure and natural gas power generation and advanced energy storage projects. 

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Invenergy Announces $30M Center of Excellence Focused on Training and Manufacturing

WASHINGTON, D.C. – June 12, 2024 – Invenergy, the leading privately held developer, owner, and operator of sustainable energy solutions, today announced the official opening of its new Washington, D.C. office at 1401 New York Ave NW. This strategic expansion underscores Invenergy’s commitment to accelerating cleaner, more reliable, affordable energy across the United States.

“We are thrilled to officially open Invenergy’s Washington, D.C. office, an important milestone for us as the American leader of clean energy solutions,” said Kelly Speakes-Backman, Invenergy’s Executive Vice President of Public Affairs. “Establishing a presence in our nation’s capital positions us at the heart of US energy policy, enabling additional opportunities to lead the industry in accelerating our country’s clean energy transition.”

The Washington, D.C. office will be a hub for Invenergy’s extensive policy expertise, with a focus on championing advancements in clean energy deployment and operations and improving the policies necessary to strengthen our national grid, build a new domestic workforce, and meet America’s collective energy goals. The office will also draw on the talented DMV workforce to support Invenergy’s growing clean energy development portfolio, including active generation development in Virginia and Maryland.

“Our new office allows Invenergy to provide technological expertise, data-driven insights, and community feedback directly to urgent energy policy discussions,” said Andrew Wills, Invenergy’s Senior Vice President of Federal Affairs. “This presence ensures that Invenergy’s leadership and technical knowhow remain integral to the national energy agenda.”

With offices and operations across the country and abroad, this latest announcement builds on Invenergy’s most recent office openings in Montreal and New York City, and the upcoming expansion of the company’s Chicago headquarters. Notably, Invenergy experienced 20% employee growth last year expanding its headcount to over 2,500 employees worldwide.

Invenergy is accelerating cleaner, more reliable, affordable energy. Invenergy and its affiliated companies develop, build, own, and operate large-scale renewable and other clean energy generation, transmission and storage facilities in the Americas, Europe, and Asia. Invenergy's home office is located in Chicago, and it has regional development offices in the United States, Canada, Mexico, Spain, Japan, Poland, and Scotland.

Invenergy and its affiliated companies have successfully developed more than 31,000 megawatts of projects that are in operation, construction or contracted, including wind, solar, transmission infrastructure and natural gas power generation and advanced energy storage projects. Learn about Invenergy at Invenergy.com

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Invenergy Expands US Footprint With New Washington, D.C. Office

PATASKALA, OH – June 4, 2024 - Illuminate USA, a leading US solar panel manufacturer, has shipped its very first panels to a new solar energy center under construction in Hardin County, Ohio. Invenergy’s Hardin Solar III Energy Center will provide up to 250 megawatts of clean electricity - enough to power 48,000 Ohio homes - upon expected completion later this year.

“Illuminate USA started producing solar panels at scale within a year of its launch, and now more than 700 Ohioans are showing the solar industry that the US is ramping up to meet our nation's demand for clean energy,” said Illuminate USA CEO Frank Zhu.

“We’re very proud that the very first solar panels to be produced at our new Ohio facility are being installed right here in Ohio. Since our panels started rolling off our assembly lines in February, we’ve seen significant interest from energy companies looking to use our Ohio-made panels as well as from Ohioans interested in advanced manufacturing careers.”

“I am thrilled that Illuminate USA’s very first panels are being installed at an Invenergy solar project up the road in Hardin County,” said Jim Murphy, President and Corporate Business Leader at Invenergy and Chairman of the Board at Illuminate USA. “This is an important milestone for Illuminate USA and the entire US clean energy industry, demonstrating real progress towards building a domestic solar supply chain as well as the deployment of clean energy, manufactured right here in the US.”

Illuminate USA has already produced more than 200,000 utility-scale panels since starting production earlier this year and has begun filling manufacturing orders for other clients in its growing customer base. Today, the American company includes a team of more than 700 “Illuminators” at its 1.1 million square foot advanced manufacturing facility in Licking County. Once reaching full capacity later this year, more than 1,000 Ohioans will be on site and more than 9.2 million high-quality solar panels will be produced annually. This equals 5 gigawatts of electricity production, enough to power 1 million American homes.

“As a lifelong Ohio resident and one of the first associates at Illuminate USA, it’s rewarding to see the panels we’ve worked hard to produce be used for a project in my home state,” said Robin Heater, PQC Quality Manager at Illuminate USA. “I’m excited about how our work is helping to pave the way for a domestic solar manufacturing supply chain in the United States, particularly as the demand for clean energy continues to rise.”

Illuminate USA is an American leader in advanced solar panel manufacturing based in Pataskala, Ohio. Illuminate USA’s majority owner and anchor customer is Invenergy, an American privately held developer, owner and operator of sustainable energy solutions. Illuminate USA’s manufacturing technology partner is industry leader LONGi, the world’s largest solar panel manufacturer. For more information about Illuminate USA, visit 

Invenergy is accelerating cleaner, more reliable, affordable energy. Invenergy and its affiliated companies develop, build, own, and operate large-scale renewable and other clean energy generation and storage facilities in the Americas, Europe and Asia. Headquartered in Chicago, Invenergy has regional offices in the United States, Canada, Mexico, Spain, Japan, Poland, and Scotland.

Invenergy and its affiliated companies have successfully developed more than 32,000 megawatts of projects that are in operation, construction or contracted, including wind, solar, transmission infrastructure and natural gas power generation and advanced energy storage projects. Learn more about Invenergy at 

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Made in Ohio, Installed in Ohio: Illuminate USA’s First Solar Panels Go To Work in Hardin County

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Invenergy Services’ solar O&M teams identify diode failure and reverse polarity concerns with leading-edge analytics and drone inspections

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Solar operations and maintenance: A proactive approach to diode failure and reverse polarity

How Paul Gillham’s personal experiences with clean energy help him lead Invenergy Services’ approach to operations and maintenance

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Invenergy's community-minded approach to operations and maintenance

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U.S. offshore wind development welcomes gusts of opportunity

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Invenergy Services Surpasses Major Milestone In Managed Portfolio

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A Conversation with Invenergy Services' Operations Engineering Team

Invenergy Services’ Approach to Safety Benefits Customers

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An Introduction to Invenergy Services’ Owner’s Mindset

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Michael Polsky, founder and CEO of independent

 power giant Invenergy, has plenty on his plate. But one priority stands out.

 The breadth of the privately held firm's assets and plans gives Polsky a wide-angle view as the U.S. faces newly rising power demand.

 Polsky called interregional transmission a tech-neutral key to unlocking and moving power needed for supporting AI and other large industries, and re-shoring manufacturing.

 In late November, the Biden-era DOE announced a conditional $4.9 billion loan guarantee for phase 1 of Invenergy's proposed five-gigawatt Grain Belt Express line from Kansas to Indiana.

"President [Trump] said we want to unleash

 American energy, we want to have abundance, low cost, independence. This is what Grain Belt is all about," Polsky said.

 Permitting help is key, but not enough, Polsky said.

 The multinational Invenergy's 209 generation and storage projects total 33 gigawatts of capacity to date, mostly in the U.S.

 Polsky warned that nixing IRA incentives could raise consumer costs for two reasons.

"Dominance has to be with multiple resources...dominance means we have got to dominate in both renewables and fossil fuels," he said.

INTERVIEW WITH BEN GEMAN, AXIOS ENERGY REPORTER

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A power titan calls transmission key to Trump's agenda

Quincy Solar will deliver 120 MW of clean power to Grant County

MOSES LAKE, Wash. and PORTLAND, OR. (April 15, 2025) – 

Invenergy, the largest privately held developer, owner, and operator of clean energy solutions, has signed a 20-year power purchase agreement (PPA) with the Grant County Public Utility District (Grant PUD). Beginning in 2027, 120 megawatts (MW) of clean, reliable, cost-effective power generated by the Quincy Solar Energy Center will connect directly to the local grid, energizing the equivalent of over 25,000 Washington homes per year.

Located near Moses Lake, Washington, Quincy Solar will support Grant PUD’s goal of securing 300 MW of solar power generation by 2027. Over the life of the project, Quincy Solar will contribute over $27 million to the local economy through local taxes, land costs and lease payments.

"As our county’s energy needs grow, our PPA with Invenergy’s Quincy Solar is another significant resource to meet local power demand,” said 

John Mertlich, Grant PUD CEO and General Manager

. “We look forward to working with Invenergy to provide affordable renewable energy to the grid and our customers.”

“We are excited to partner with the Grant PUD to advance their generation goals and help meet local energy needs with homegrown solar power,” said 

Laura Miner, Senior Vice President, Renewable Development at Invenergy

. “We look forward to continuing to work with landowners, local officials, and the broader community to bring the benefits of Quincy Solar to Grant County residents.”

The Quincy Solar Energy Center is expected to begin construction in late 2025 and reach commercial operations by November 2027. The project will support up to 200 jobs during construction and approximately two full-time operations and maintenance positions. Quincy Solar will be Invenergy’s first solar facility to reach commercial operations in Washington. This brings Invenergy’s total energy generation capacity in the state to 860 MW.

Invenergy is accelerating cleaner, more reliable, affordable energy. Invenergy and its affiliated companies develop, build, own, and operate large-scale renewable and other clean energy generation, transmission, clean hydrogen, and storage facilities in the Americas, Europe, and Asia. Headquartered in Chicago, Invenergy has regional development offices in the United States, Canada, Mexico, Spain, Japan, Poland, and Scotland.  

Invenergy and its affiliated companies have successfully developed more than 33,000 megawatts of projects that are in operation, construction, or contracted, including wind, solar, transmission infrastructure and natural gas power generation and advanced energy storage projects. 

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Invenergy’s First Washington Solar Center to Power Local Grid

Yuma Solar Energy Center to Support State’s Clean Energy Goals

YUMA COUNTY, ARIZONA (April 1, 2025) – 

the largest privately-held developer, owner, and operator of clean energy 

solutions, today announced that the Yuma Solar Energy Center, a 70-MW solar and 70-MW storage project, has reached commercial operations. This is Invenergy’s first solar facility to reach commercial operations in Arizona. 

Located in Yuma County, Arizona, the Yuma Solar Energy Center generates enough electricity to power more than 21,000 American homes. The project supported over 250 jobs during construction and has created 6 local full-time positions.  

“Starting commercial operations at our first Arizona solar facility is a significant achievement and I congratulate the Yuma Solar team and our strong community partners for building a multifaceted energy solution for the State,” said Jim Shield, Senior Executive Vice President and Chief Commercial Officer at Invenergy. “We thank APS for their continued collaboration as we invest in communities to meet growing consumer demand with cleaner, more reliable, affordable energy.” 

Yuma Solar is contracted to provide power to Arizona Public Services (APS). Invenergy and APS have a long-standing relationship, having added over 250 megawatts to the state’s clean energy capacity in the last two years. Most recently, Invenergy and APS celebrated the 

 in Youngtown and the groundbreaking of the Hashknife Solar Energy Center in Navajo County. 

“APS resource planners prepare years in advance to meet our customers’ growing energy needs with reliable and affordable service. As we head into another hot Arizona summer, the Yuma Solar Energy Center project will be a valuable addition to our diverse resource mix and will help keep air conditioners running and the lights on when customers need energy the most,” said Brian Cole, APS Vice President of Resource Management.

"This exciting milestone for Yuma Solar Energy Center is an important component of the ‘all of the

 above’ approach necessary to meet our energy demands of the future, " said Arizona Corporation Commission Chairman Kevin Thompson. "Private developers of these types of projects provide a needed benefit to our grid that saves ratepayers money while spurring local economic growth and helps position Arizona as a continued leader in renewable energy." 

The Yuma Solar Energy Center is Invenergy’s 11

 energy storage center to reach commercial operations in Arizona. Statewide, Invenergy invests over $2.2 million annually in local communities through land costs and lease payments, local tax revenue, and project-generated wages and benefits.  

Invenergy is accelerating cleaner, more reliable, affordable energy. Invenergy and its affiliated companies develop, build, own, and operate large-scale renewable and other clean energy generation, transmission, clean hydrogen, and storage facilities in the Americas, Europe, and Asia. Headquartered in Chicago, Invenergy has regional development offices in the United States, Canada, Mexico, Spain, Japan, Poland, and Scotland.   

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Invenergy Announces Commercial Operations at its First Arizona Solar Facility

Sauk Valley Adds 5th Energy Technology to Invenergy's Illinois Portfolio 

CHICAGO, IL (March 20, 2025) -- Invenergy, the largest privately held developer, owner, and operator of clean energy solutions, today announced its first clean hydrogen project, the 5-acre Sauk Valley Hydrogen (Sauk Valley) facility in Rock Falls, Illinois, has reached commercial operations.  

Utilizing power from Invenergy’s co-located solar facility and Ohmium International’s electrolyzer technology, Sauk Valley can produce up to 40 metric tons of clean hydrogen annually with the capacity to store up to 400 kilograms (kg) of clean hydrogen on site.  

“A broad range of industries have identified the immense potential of clean hydrogen, and I am extremely proud that Invenergy has again invested in the talent and technology to pioneer a new energy asset with multiple end users,” said Joel Schroeder, Executive Vice President, Engineering and Technology at Invenergy. “I congratulate the elite team we assembled for building Sauk Valley and I look forward to seeing their unmatched skills support the development of future clean hydrogen production facilities in our portfolio.” 

"Collaborating with Invenergy on the Sauk Valley Hydrogen project has been incredible, and we are deeply grateful for the exceptional teams involved. We are thrilled that our cutting-edge PEM electrolyzer technology is making this clean hydrogen resource a reality. This is a significant step toward a sustainable energy future, and we are eager to see its positive impact across sectors," said Arne Ballantine, Ohmium CEO. 

Sauk Valley’s initial hydrogen supply has been used as a turbine generator cooling agent at the adjacent Nelson Energy Center, Invenergy’s 980-megawatt natural gas facility. The loading capability at Sauk Valley also enables hydrogen to be shipped and used offsite. Sauk Valley’s first offsite order will be delivered by Certarus to an Aether Fuels project. 

“Invenergy’s significant renewables portfolio allows our team to produce clean hydrogen for ‘hard-to-abate’ sectors of the economy across the country at scale, especially large hydrogen consumers such as liquid fuels and chemicals plants. We are excited to supply Aether with hydrogen from Sauk Valley, demonstrating our unique market capabilities and strong partnerships,” said Jon Horek, Vice President, Hydrogen at Invenergy. 

“Invenergy has an outstanding reputation as a leader in clean energy innovation and we were fortunate to secure the first delivery from their impressive Sauk Valley Hydrogen facility,” said Aether Fuels CEO Conor Madigan.  

Sauk Valley Hydrogen is Invenergy’s 22nd clean energy project to have completed development in Illinois. The facility builds upon Invenergy’s robust investment in Illinois and reflects a commitment to supporting the state’s clean energy economy. Invenergy’s Illinois portfolio of operational clean energy solutions now includes wind, solar, clean hydrogen, natural gas generation, and advanced energy storage projects.  

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Invenergy’s First Clean Hydrogen Facility Reaches Commercial Operations

 -- Invenergy, the largest privately held developer, owner, and operator of clean energy solutions, today announced four new Virtual Power Purchase Agreements (VPPA) with Verizon totaling 640 MW of power. These agreements enable Verizon to meet its power needs with cleaner, more reliable, affordable American energy. Verizon’s total procured energy from Invenergy is now more than 1 GW.  

“America’s economic growth relies on reliable, affordable electricity, and valued customers like Verizon trust Invenergy to flexibly meet their clean energy needs with our engineering expertise and wide range of technologies,” 

said Chris Orzel, Invenergy's Senior Vice President of Origination

. “In addition to serving our customer’s growing power needs, Invenergy’s projects deliver jobs and economic benefits to local communities and add more American energy to the grid.” 

"Surpassing 1 GW in clean energy procurement from Invenergy represents a key milestone in Verizon’s long-term energy strategy,” 

Senior Vice President, Global Sourcing and Supply Chain and Chief Sustainability Officer, Verizon

 build on our long-standing relationship with Invenergy as we

 create resilient networks that support our customers’ needs and keep them connected when it matters most.”  

The latest VPPAs are contracted through four Invenergy-developed facilities strategically located across the United States, including Arkansas, Illinois, Maryland, and Ohio: 

The electricity generated by all four Invenergy-developed projects will be delivered to local grids through two energy markets across four states, increasing regional reliability by providing power to nearby homes and businesses. Verizon will receive clean energy credits for bringing new generation capacity online. 

Invenergy is accelerating cleaner, more reliable, affordable energy. Invenergy and its affiliated companies develop, build, own, and operate large-scale renewable and other clean energy generation, transmission, and storage facilities in the Americas, Europe, and Asia. Headquartered in Chicago, Invenergy has regional development offices in the United States, Canada, Mexico, Spain, Japan, Poland, and Scotland. 

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Invenergy, Verizon partner to procure over 1 GW in renewable energy

Power Purchase Agreements Signed with Automotive Giants Honda and Tesla

TEXAS (February 13, 2025) – Invenergy, the largest privately-held developer, owner, and operator of clean energy solutions, announced that commercial operations has commenced at the 300 MW Delilah I Solar Energy Center (Delilah 1) in Lamar and Red River Counties, Texas. WEC Energy Group is the majority owner of Delilah I. 

The energy generated from Delilah I Solar will be purchased by Honda Motor Co., LTD (200 MW) and Tesla (100 MW) through virtual power purchase agreements (VPPAs) and be delivered to the local grid. Both Honda and Tesla’s commitment brings new generation capacity online in Texas and demonstrates a dedication to lower emissions and support energy diversification in the United States.  

“Landowners and the larger local community were instrumental in Invenergy’s ability to reach commercial operations at Delilah I, create good jobs for Texans, and partner with WEC and automotive giants like Honda and Tesla to add more American energy to the grid,” said Bristi Cure, Senior Vice President, Renewable Development for Invenergy. “As the demand for electricity grows, Invenergy values every opportunity to support our customers’ operations with affordable, reliable, clean energy solutions that also generate meaningful economic impact for Americans across our project communities." 

“In North America, Honda is nearing its goal of sourcing 100% of its electricity from carbon-free sources,” said Daniel Bremer, carbon neutrality manager, American Honda Motor Co., Inc. “As we accelerate toward achieving carbon neutrality for all products and corporate activities, our 200 MW VPPA with Delilah I Solar Energy Center will significantly cut CO2 emissions from Honda U.S. auto manufacturing operations while adding more clean energy into the local grid.” 

Invenergy is accelerating cleaner, more reliable, affordable energy. Invenergy and its affiliated companies develop, build, own, and operate large-scale renewable and other clean energy generation, transmission and storage facilities in the Americas, Europe, and Asia. Headquartered in Chicago, Invenergy has regional development offices in the United States, Canada, Mexico, Spain, Japan, Poland, and Scotland. 

Invenergy and its affiliated companies have successfully developed more than 33,000 megawatts of projects that are in operation, construction or contracted, including wind, solar, transmission infrastructure and natural gas power generation and advanced energy storage projects. 

Learn about Invenergy at Invenergy.com.    

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Invenergy-Developed Delilah I Solar Reaches Commercial Operations in Texas

Invenergy, the largest privately held developer, owner, and operator of clean energy solutions, recently closed on a $1.1 billion debt financing facility for three solar projects in Ohio, Indiana, and Tennessee. The debt financing includes a Construction/Bridge Loan Facility and a Letter of Credit Facility. 

This financing applies to three of Invenergy’s utility-scale solar projects in construction – Cadence Solar Energy Center (240 MW, OH), Trade Post Solar Energy Center (200 MW, IN) and Yum Yum Solar Energy Center (150 MW, TN). Together, these projects will generate 590 megawatts of power once operational in 2026 and bring significant economic benefits to their local communities, including construction jobs and more than $390 million in taxes and landowner payments throughout the projects' lifespans.  

“As Invenergy continues to develop world-class energy solutions that address growing electricity demands across the country, it is important to partner with premier financial institutions that share our commitment to strengthening the grid with cleaner energy,” said Brian Bortman, Invenergy’s Senior Vice President, Finance & Capital Markets. “This is a significant transaction, and we thank our lending partners for their continued confidence in Invenergy and our ability to build top-of-the-line energy centers.” 

Natixis Corporate & Investment Banking (Natixis CIB), Canadian Imperial Bank of Commerce (CIBC), Nomura, Rabobank, and Wells Fargo acted as Coordinating Lead Arrangers, Green Loan Coordinators, Bookrunners, and Approved Hedge Providers for the financing. Natixis CIB also acted as Documentation Agent, with CIBC as the Administrative Agent and Rabobank as Diligence Coordinator. CIBC, Rabobank, and Wells Fargo are Issuing Banks.  

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Invenergy Closes $1.1 Billion in Construction Financing for Three Utility-Scale Solar Projects

Agreement is part of a $2 billion investment bolstering America’s domestic electricity transmission supply chain.

Equipment for America’s largest power grid infrastructure project will support local jobs, thanks to new details announced today of a supply agreement between Centralia’s largest employer, Hubbell and Invenergy, America’s largest privately held independent power producer and the developer of the Grain Belt Express transmission line serving Missouri. This supply order represents approximately $70 million of the $2 billion in total domestic investment from Grain Belt Express Phase 1, including both the direct material and equipment cost plus distribution and labor costs associated with this agreement.

This agreement will continue to support American jobs across its facilities in Centralia, MO, Leeds, AL, and Aiken, SC.

“Grain Belt Express is a trifecta win for our region, because it will create jobs, support Missouri-based manufacturing and attract millions in economic investment,” said Neil Vandermeulen, Hubbell, Division President for T&D Infrastructure. “This investment will enhance our manufacturing capacity across the country, strengthening the domestic supply chain needed to support our nation’s critical grid infrastructure. The success of our partnership with Invenergy demonstrates a shared commitment to retaining and creating U.S. manufacturing jobs.”

The components distributed locally will serve Invenergy’s Grain Belt Express transmission line. Order details were announced today as Phase 1 of Grain Belt Express advances towards start of full construction as soon as early 2026.

“Grain Belt Express is the highest capacity transmission line in the U.S. and the longest line the U.S. has built in over 50 years, making this domestic supply agreement among the largest of its kind in the industry. The products made by Hubbell and distributed out of Centralia will ensure a more reliable, resilient energy grid at a time of unprecedented demand,” said Shashank Sane, Invenergy Executive Vice President for Transmission.

Besides this supply agreement, families and small businesses in Centralia will also benefit from being one of the 39 Missouri communities that have contracted to take power from Grain Belt Express, at an annual cost savings of more than $12 million per year for these Missouri municipalities. Nearby communities that will also realize these savings include Columbia, Fayette, Monroe City, Hannibal, Vandalia and Macon.

This investment follows Invenergy’s prior domestic supply agreement with Prysmian North America that is supporting a 50,000 square foot factory expansion already underway in Williamsport, PA that will double U.S. manufacturing capacity for certain advanced transmission conductors. Conductors - or the metallic lines that electricity travels along to power our energy grid - are a critical technology for the reliability and resilience of the U.S. power grid.

Hubbell Incorporated is a leading manufacturer of utility and electrical solutions enabling customers to operate critical infrastructure safely, reliably, and efficiently. With 2023 revenues of $5.4 billion, Hubbell solutions electrify economies and energize communities. The corporate headquarters is located in Shelton, CT.

Actualités en vedette

Invenergy to provide over 760MW in renewable energy, supporting Meta’s energy needs in line with its clean and renewable energy goals

Invenergy Announces $30M Center of Excellence Focused on Training and Manufacturing

Invenergy Expands US Footprint With New Washington, D.C. Office

Made in Ohio, Installed in Ohio: Illuminate USA’s First Solar Panels Go To Work in Hardin County

US wind rebounds to set up stronger mid-term outlook

America’s Grid Isn’t Ready for the Green Transition

He’s a Renewable-Power Billionaire, Not an Environmentalist

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A power titan calls transmission key to Trump's agenda

Invenergy’s First Washington Solar Center to Power Local Grid

Invenergy Announces Commercial Operations at its First Arizona Solar Facility

Invenergy’s First Clean Hydrogen Facility Reaches Commercial Operations

Invenergy, Verizon partner to procure over 1 GW in renewable energy

Invenergy-Developed Delilah I Solar Reaches Commercial Operations in Texas

Invenergy Closes $1.1 Billion in Construction Financing for Three Utility-Scale Solar Projects

Invenergy and Hubbell Announce Supply Chain Agreement Partnership, Supporting Local Jobs and US Infrastructure

Invenergy’s Hardin II Solar Reaches Commercial Operations

Invenergy Announces Commercial Operations at Richfield Solar Energy Center in Maryland

Invenergy’s Cimarron Link transmission project selected for $306 million in federal financing support

Invenergy Signs Virtual Power Purchase Agreement with Honda in Japan

Entergy Arkansas and Invenergy Announce Start of Commercial Operations at Walnut Bend Solar

Invenergy and Monarch Private Capital Close Nearly $170 Million Tax Equity Financing for Samson Solar Energy Center II

Invenergy Welcomes Meg Nyberg as Tribal Relations Lead

Invenergy Announces Commercial Operations at Its 10th Arizona Battery Energy Storage Center

Illuminate USA Celebrates One Thousand Illuminators and One Million Solar Panels in less than One Year

Reactivate CEO Utopia Hill Named Reuters' 2024 Woman For Women In Energy

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Invenergy to provide over 760MW in renewable energy, supporting Meta’s energy needs in line with its clean and renewable energy goals

Invenergy Announces $30M Center of Excellence Focused on Training and Manufacturing

Invenergy Expands US Footprint With New Washington, D.C. Office

Made in Ohio, Installed in Ohio: Illuminate USA’s First Solar Panels Go To Work in Hardin County

US wind rebounds to set up stronger mid-term outlook

America’s Grid Isn’t Ready for the Green Transition

He’s a Renewable-Power Billionaire, Not an Environmentalist

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A power titan calls transmission key to Trump's agenda

Invenergy’s First Washington Solar Center to Power Local Grid

Invenergy Announces Commercial Operations at its First Arizona Solar Facility

Invenergy’s First Clean Hydrogen Facility Reaches Commercial Operations

Invenergy, Verizon partner to procure over 1 GW in renewable energy

Invenergy-Developed Delilah I Solar Reaches Commercial Operations in Texas

Invenergy Closes $1.1 Billion in Construction Financing for Three Utility-Scale Solar Projects

Invenergy and Hubbell Announce Supply Chain Agreement Partnership, Supporting Local Jobs and US Infrastructure

Invenergy’s Hardin II Solar Reaches Commercial Operations

Invenergy Announces Commercial Operations at Richfield Solar Energy Center in Maryland

Invenergy’s Cimarron Link transmission project selected for $306 million in federal financing support

Invenergy Signs Virtual Power Purchase Agreement with Honda in Japan

Entergy Arkansas and Invenergy Announce Start of Commercial Operations at Walnut Bend Solar

Invenergy and Monarch Private Capital Close Nearly $170 Million Tax Equity Financing for Samson Solar Energy Center II

Invenergy Welcomes Meg Nyberg as Tribal Relations Lead

Invenergy Announces Commercial Operations at Its 10th Arizona Battery Energy Storage Center

Illuminate USA Celebrates One Thousand Illuminators and One Million Solar Panels in less than One Year

Reactivate CEO Utopia Hill Named Reuters' 2024 Woman For Women In Energy

Actualités en vedette