Nucor Corporation has signed a Power Purchase Agreement (PPA) with Sebree Solar, a subsidiary of NextEra Energy Resources, for 250 MW of renewable energy. Sebree Solar is a two-phase solar project in Henderson County, Kentucky that will have a 500 MW produced energy capacity when operational in late 2025. Over its 30-year lifespan, Sebree Solar will also contribute nearly $20 million in additional tax revenue for the county, which will be allocated for roads, schools, and other public services.
"I applaud Nucor and NextEra Energy Resources for collaborating on this huge investment in Kentucky. This project will unleash a wave of workforce development in western Kentucky, benefiting countless families by expanding job opportunities,” said Kentucky Senate President Robert Stiver. “As a state committed to prioritizing our residents' energy security, I appreciate the benefits of projects that are designed to generate energy that will be placed on our electric energy grid.”
In addition, Nucor Corporation has agreed to supply the necessary steel to Sebree Solar through its Nucor Steel Gallatin in Ghent, Kentucky. The steel will also be utilized for an additional solar project being built by a subsidiary of NextEra Energy Resources – Green River Solar – in Meade and Breckinridge counties, which will generate up to 200 MW of electricity.
"We are delighted to work with NextEra Energy Resources, and to be a key material supplier to this important addition to the power grid in Kentucky where we have grown our presence considerably in recent years," said Greg Murphy, Executive Vice President of Business Services and General Counsel at Nucor Corporation. "Our country's energy transition will be built with steel, and the steel should be produced sustainably. This agreement will enable us to further reduce our climate footprint and meet our goals for improvement."
