Invenergy, a leading privately-held global developer and operator of sustainable energy solutions, recently announced the completion of construction and the start of commercial operations of the 200-megawatt Upstream Wind Energy Center in Antelope County, Nebraska.
Located just north of the City of Neligh, Upstream was developed and constructed by Invenergy and will generate enough electricity to power 68,000 American homes. The project supported 275 workers during peak construction and will create 11 permanent full-time operations and maintenance jobs for the long-term operation of the project. Upstream will contribute approximately $2 million annually to the local economy through tax payments, lease payments to participating landowners, and wages and benefits for employees.
Invenergy and WEC Energy Group signed a Purchase and Sale Agreement for WEC Energy Group’s acquisition of an 80 percent interest in the project. Invenergy will retain a 20 percent interest and provide operations and maintenance, asset management and energy management services for the project.
“We are proud to grow our investment in Nebraska and to continue our track record of project execution and strong community relationships,” stated Mick Baird, Senior Vice President, Renewable Development for Invenergy. “WEC is an ideal partner for Invenergy given their commitment to renewable energy.”
“We commend Invenergy for achieving commercial operation and are pleased to partner with them in the deployment of this valuable renewable energy resource,” added Dan Krueger, Executive Vice President, WEC Infrastructure.
This is the fourth project Invenergy has successfully developed and built in Nebraska.
In additional news, Invenergy LLC (Chicago, Illinois) also noted that it began operations of its 1,485-megawatt, natural gas-fired Lackawanna Energy Center in Jessup, Pennsylvania, near Scranton. The $1.25 billion plant represents one of more than $3.6 billion in planned Invenergy project completions in 2019. While Invenergy is in the early planning stages for other natural gas-fired projects in Pennsylvania and Rhode Island, the company's main focus is on renewable energy, particularly wind power.
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