IEA unit bags 302-MW wind farm order in Indiana

White Construction, a unit of Infrastructure and Energy Alternatives Inc (NASDAQ:IEA), has won an over USD-100-million (EUR 84.7m) wind farm construction order in Indiana.

The deal is tied to the construction of a 302-MW wind farm in Northern Indiana, the parent company said on Tuesday. The specific project is already being built and is scheduled for completion in November next year. Once up and running, the plant will be able to produce enough electricity to supply over 83,000 homes.

IEA will take care of all engineering, procurement and construction (EPC) works, including the construction of access roads, erection of wind generators, installation of turbine foundations and building substations, transmission lines and a medium-voltage collection system.

Commenting on the deal, IEA’s president and CEO JP Roehm said that demand for wind construction is strong. He added that IEA expects to keep its pipeline “robust” into 2021 on the back of the production tax credit (PTC) extension, technological improvements, lower component prices and the rising interest in sustainable energy sources.

To date, IEA has installed over 20 GW of renewable energy capacity across North America.

(USD 1.0 = EUR 0.847)

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