Northern Indiana Public Service Company (NIPSCO), a subsidiary of NiSource, announced that its first two solar projects in Indiana – Indiana Crossroads Solar and Dunns Bridge I Solar – have been completed and are now online. The projects are part of NIPSCO’s plan to be coal-free by 2028, which will reduce their carbon emissions by more than 90% by 2030.
These projects are partially funded through tax equity investments, which utilize tax benefits afforded under the Inflation Reduction Act, and will produce cost-effective, cleaner energy for homes and businesses across the state.
“The addition of our first solar parks to our electric generating portfolio represent meaningful investments in the state of Indiana and a direct benefit to our customers,” said NIPSCO President Mike Hooper. “These completed projects are a crucial step in advancing our long-term energy transition plan, providing sustainable, reliability, and cost-effective energy now and in the future.”
Indiana Crossroads Solar, located in White County, was developed and constructed by EDP Renewables North America. The 200 MW facility will generate $2.6 million in Economic Development Agreement funds for county priority projects and contribute more than $42 million in property tax payments over the next 35 years.
Dunns Bridge I Solar, a 265 MW facility located in Jasper County, is the first of a two-part solar project. Dunns Bridge II is currently under construction in Starke County and is expected to produce 435 MWs of solar paired with 75 MWs of battery storage. Dunns Bridge I and II are anticipated to generate nearly $59 million in addition tax revenue for Jasper and Starke counties over the life of the facility.
NIPSCO is currently working with developers on other wind, solar, and battery storage projects, which are in various stages of development. To date, customers have received nearly $60 million in direct benefits from credits associated with the sale of excess energy generated by NIPSO’s renewable energy.
