Vectren Receives Approval for Additional Wind Power
The purchase will provide enough energy to power about 15,000 homes annually and will bring Vectren’s total wind power portfolio to 80 MW, which allows Vectren to meet 4 percent of its customers’ needs with renewable energy.
“Today’s decision allows us to further increase our renewable power portfolio,” said Vectren Chairman and CEO
The renewable energy is from phase two of the Fowler Ridge wind farm in
In addition, June marked the one-year anniversary of wind power in the local generation mix. The utility signed a 20-year contract in
The Fowler Ridge wind farm, which will be the largest in the Midwest when completed, is owned and operated through a joint venture of BP Wind Energy and Dominion, in which BP Wind Energy retains sole ownership of 100 MW.
Vectren’s electric utility serves all or portions of seven counties in southwestern
Vectren Corporation (NYSE: VVC) is an energy holding company headquartered in
SOURCE Vectren Corporation