Blue Earth : Sells Its 4.732 MWdc Indiana Solar Project to NRG Solar DG LLC; IPL Rate REP Project using VFIT

Posted by Laura Arnold  /   February 01, 2015  /   Posted in Indianapolis Power and Light (IPL), IPL Rate REP, solar, Uncategorized  /   No Comments

Blue Earth : Sells Its 4.732 MWdc Indiana Solar Project to NRG Solar DG LLC

01/10/2015 | 01:00pm US/Eastern

Blue Earth, Inc. a renewable/alternative energy and energy efficiency services company, announced today that it has closed on a Membership Interest Purchase Agreement to sell its wholly owned, Lenape II Solar LLC, that held the rights to develop, own and operate a 4.732 MWdc photovoltaic (PV) generating facility located in Indianapolis, Indiana to NRG Solar DG LLC.

Blue Earth Solar, Inc., a wholly owned subsidiary of BBLU, is providing the engineering, procurement and construction (EPC) services for the rooftop and carport PV project. Completion of the project is expected during the third quarter of 2015.

We are delighted to establish a working relationship with NRG as they are a premier company in the solar PV space, stated Ruben Fontes, President of BE Solar, Inc.

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