Invenergy Announces Start of Commercial Operations of Upstream Wind Energy Center
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,” said 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,” said Dan Krueger, Executive Vice President, WEC Infrastructure.
This is the fourth project Invenergy has successfully developed and built in Nebraska.
Invenergy LLC. Press release - Invenergy Announces Start of Commercial Operations of Upstream Wind Energy Center. URL: https://invenergyllc.com/news/invenergy-announces-start-of-commercial-operations.... [Date Accessed: 17/01/2019].
Invenergy LLC. Media Center > Photos & Videos. https://invenergyllc.com/news/media-resources. [Date Accessed: 13/02/2018].