Published: 29 January 2020 29 January 2020
WEC Energy Group has announced that the company has agreed to acquire an 80% ownership interest in Blooming Grove Wind Farm. The project is being developed in McLean County, Illinois, USA by Invenergy. Commercial operation is expected to begin by the end of 2020.
The wind farm has long-term offtake agreements for all the energy produced with affiliates of two investment grade multinational companies. The Blooming Grove site will consist of 94 GE wind turbines with a combined capacity of 250MW. WEC Energy Group's investment will total US$ 345 million for the 80% ownership interest.