Wind project by Scout Clean Energy

Bitter Ridge

Indiana, United States

Year acquired

In September 2020, the 146.64MW Bitter Ridge wind farm located in Jay County, Indiana completed construction and commenced commercial operations. Bitter Ridge was the second project after Ranchero to reach operations after being developed from ‘greenfield’ inception by the Scout team. The project closed tax equity financing in October 2020 and has a 15-year PPA for 80% of the project’s unit-contingent generation with RECs (Renewable Energy Certificate) bundled within the PPA for 12 years.

Target Outcomes:
  • 146.64 MW project
  • PPA Secured
  • Tax equity financing secured
  • 130 jobs created
  • US$ 58M in lifetime community benefits through wages paid, property taxes, and tax abatement programs over the life of the project.
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