• About
  • Submit News
  • Contact Us
Thursday, May 8, 2025
  • Login
Solar Power Investor
  • Home
  • Deal Tracker
    • Live Deal Opportunities
    • Solar Venture Capital Deals
    • M&A Deals
  • Industry Research
    • Market Commentary
    • Solar Start Ups
    • Solar Installers Mergers and Acquisitions Report
  • Directories
    • Company Directory
    • Investor Directory
  • Register Here
    • For Companies
    • For Investors
No Result
View All Result
  • Home
  • Deal Tracker
    • Live Deal Opportunities
    • Solar Venture Capital Deals
    • M&A Deals
  • Industry Research
    • Market Commentary
    • Solar Start Ups
    • Solar Installers Mergers and Acquisitions Report
  • Directories
    • Company Directory
    • Investor Directory
  • Register Here
    • For Companies
    • For Investors
No Result
View All Result
Solar Power Investor
No Result
View All Result
Home Deal Tracker

Alliant Energy plans to install 1000 MW of solar in Wisconsin, beginning with 675 MW of acquisitions and advancements

Erin D by Erin Davis
June 3, 2020
in Deal Tracker, Industry Research, M&A Deals, Solar Start Ups
66 1
0
Alliant Energy plans to install 1000 MW of solar in Wisconsin, beginning with 675 MW of acquisitions and advancements - Supply chain sustainability

Renewable energy use is growing yet constrained due to energy storage limitations. (Illustration/iStock)

217
SHARES
1.7k
VIEWS
Share on LinkedInShare on TwitterShare on Facebook

After purchasing $900 million of solar within the state, it would leave Alliant Energy as the leader in the Wisconsin solar industry. Over the next 30 years, these projects would produce $80 million in tax revenues and provide thousands of jobs to locals.

Alliant Energy is beginning the process to acquire and advance 675 MW of solar capacity in Wisconsin. The first step is to file a Certificate of Authority application with the Public Service Commission of Winsconsin, which they plan to do very soon. This project begins the endeavor to meet their goal to install 1000 MW of solar generation within the state by 2023. The PSC is expected to come to a decision by early next year, and if each step goes accordingly, the solar projects could be operating by 2023. 

The three largest solar projects they are attempting to purchase are from NextEra Energy Resources, Ranger Power and Savion. NextEra Energy Resources has a 200 MW site, while Ranger Power and Savion both are developing 150 MW projects. All of these solar acquisitions would be new solar plants or finish being developed by Alliant Energy.

LOCATIONSIZEDEVELOPER
Grant County200 megawattsNextEra Energy Resources
Sheboygan County 150 megawattsRanger Power 
Wood County150 megawattsSavion 
Jefferson County75 megawattsRanger Power
 Rock County50 megawattsGeronimo Energy
 Richland County50 megawattsSavion 
Source: Alliant Energy

After purchasing about $900 million of solar power plants within the state, Alliant Energy would become the largest solar operator in Wisconsin. This solar goal was also announced only days after Alliant announced their plan to close their 380 MW Edgewater plant in Sheboygan, which shows their commitment to their goal of cutting 80% of the carbon emissions by 2050. Both of these announcements are part of the company’s Clean Energy Blueprint. This is their plan to transition into renewable energy in a cost-efficient manner, ultimately aiming to reduce carbon emissions.

Under the Lens: Energy Storage is a Key to Wisconsin's Renewable ...
Source: Clean Wisconsin

Collectively, these solar endeavors would create more than 1,200 local jobs and power 175,000 homes per year once in operation. Over the next 30 years these projects would also be producing about $80 million in local tax revenues. On a smaller scale, these projects could amount to 2.7% of Wisconsin’s electricity consumption. It is estimated that $5 million would be paid annually in land leases paid to landowners for leasing property for the solar projects, and $4 million annually for local governments where the projects are located.

David de Leion, the President of Alliant Energy is very excited about this opportunity for the company to expand further into renewables and develop an economy in a location local to them. David de Leon described the opportunity as providing the ability to “create new construction, operation and maintenance jobs, and provide our customers with reliable and sustainable energy for years to come.” He also explained that these renewables will help customers avoid $2 billion in long-term costs. Ultimately, it seems that this renewables endeavour would benefit the state of Wisconsin in various ways, especially economically. Although these acquisitions are very expensive, it will leave Alliant Energy in a very powerful position within the solar market of Wisconsin. 

Tags: acquisitionssolar dealssolar energysolar investingsolar M&Aus energyus solar
Erin D

Erin Davis

Related Posts

Deal Tracker

Bureau of Land Management Gives Green Light Towards 500 MW Solar Project

August 4, 2022
Deal Tracker

Largest Deals Thus Far of 2022

August 1, 2022
Deal Tracker

Onward Energy Acquires the Solar Portfolio of Global Atlantic Financial Group

July 27, 2022
Deal Tracker

FlexGen Power Systems Announces $100 Million Investment from Vitol

July 26, 2022
Deal Tracker

U.S. Government Announces $56 Million for Solar Manufacturing and Commercialization

July 25, 2022

Quick Sign Up

Recent News

Bureau of Land Management Gives Green Light Towards 500 MW Solar Project

August 4, 2022

Largest Deals Thus Far of 2022

August 1, 2022

Categories

  • Deal Tracker
  • Industry Research
  • Investor Directory
  • Live Deal Opportunities
  • M&A Deals
  • Market Commentary
  • Solar Start Ups
  • Solar Venture Capital Deals
  • Trend Watch
  • Uncategorized

Tags

acquisitions battery storage clean energy crowdfunding Deal Trends energy storage family office investing in solar invest in solar energy Investment Lending M&A Market Analysis Market Stories mergers and acquisitions power investor predictive insights private equity renewable contracts renewable energy renewable energy storage renewables research residential solar seed funding series a funding Solar solar acquisition solar acquisitions solar deals solar energy solar industry solar investing solar investment solar investment opportunities solar M&A solar panels solar power solar start ups solar storage solar tracker solar venture capital us energy us solar Venture Capital
Solar Power Investor

We bring you the best deal news, investor information and company insights for companies in the alternative energy industry.

© 2020 Solar Power Investor, LLC.

No Result
View All Result
  • Home
  • Deal Tracker
    • M&A Deals
    • Solar Venture Capital Deals
    • Solar Start Ups
  • Directories
    • Investor Directory
    • Company Directory
  • Industry Research
    • Solar Installers Mergers and Acquisitions Report
  • Market Commentary
    • Trend Watch
  • Log In
  • Register Here
    • Investors
    • Companies

© 2020 Solar Power Investor, LLC.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In