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January 10, 2022

Paddock Solar PV Farm, US

By Carmen

Paddock Solar PV Farm is a 65MW solar PV power project. It is planned in Wisconsin, the US. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2022 and is expected to enter into commercial operation in 2023.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 65 65 Permitting Wisconsin, the US Alliant Energy; Capital Dynamics; Tenaska

Description

The project is being developed by Alliant Energy, Capital Dynamics and Tenaska. The project is currently owned by Alliant Energy with a stake of 100%.

Paddock Solar PV Farm is a ground-mounted solar project which is planned over 500 acres.

The project cost is expected to be around $96.637m.

Development Status

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The project construction is expected to commence from 2022. Subsequent to that it will enter into commercial operation by 2023.

About Alliant Energy

Alliant Energy Corp (Alliant Energy) is an energy utility holding company that generates and distributes electricity. The company also carries out distribution and transportation of natural gas. It offers freight transportation services, railway, barge terminal and hauling, and storage services. It serves farming, industrial, agriculture, manufacturing, chemical and packaging industries. Alliant Energy manages a diversified network of power plants, which uses coal, natural gas and renewable sources for generating electricity and gas. The company purchases natural gas and electricity by maintaining purchase agreements with various gas suppliers and wholesale energy markets. Alliant Energy is headquartered in Madison, Wisconsin, the US.

About Capital Dynamics

Capital Dynamics is a private equity investment firm that provides structured investment solutions to institutional investors.

About Tenaska

Tenaska Inc (Tenaska) is an independent energy company. It designs, develops, finances, manages and operates power plants. The company develops natural gas-fueled and renewable power projects. It sells power to independent power producers, private equity investors, utilities, industrial customers, and retail customers. It also markets natural gas and provides natural gas supply chain management services. Tenaska provides energy management and related services to generation and demand side customers in the US. It also offers asset management services for natural gas and power. The company has offices in Texas, Colorado, Pennsylvania, and Massachusetts in the US and Alberta and British Columbia in Canada. Tenaska is headquartered in Omaha, Nebraska, the US.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.

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