(Source: Shutterstock)
Madison Gas and Electric (MGE) and WEC Energy Group are purchasing solar and battery storage capacity from Wisconsin’s 300-megawatt (MW) High Noon Solar Energy Center located in Columbia County, according to an April 10 press release.
MGE and WEC subsidiaries WE Energies and Wisconsin Public Service (WPS) received permission from the Public Service Commission of Wisconsin to purchase solar capacity and battery storage from the facility.
MGE will own 30 MW of solar and 16.5 MW of battery storage. WE Energies and WPS will own the remaining 270 MW of solar and 148.5 MW of battery storage.
Financial details of the deals were not disclosed.
The High Noon facility is expected to power approximately 90,000 households with carbon-free energy beginning in 2027.
Recommended Reading
Crescent Energy Closes $905MM Acquisition in Central Eagle Ford
2025-01-31 - Crescent Energy’s cash-and-stock acquisition of Carnelian Energy Capital Management-backed Ridgemar Energy includes potential contingency payments of up to $170 million through 2027.
Petro-Victory Buys Oil Fields in Brazil’s Potiguar Basin
2025-02-10 - Petro-Victory Energy is growing its footprint in Brazil’s onshore Potiguar Basin with 13 new blocks, the company said Feb. 10.
Apollo Funds Acquires NatGas Treatment Provider Bold Production Services
2025-02-12 - Funds managed by Apollo Global Management Inc. have acquired a majority interest in Bold Production Services LLC, a provider of natural gas treatment solutions.
Report: Diamondback in Talks to Buy Double Eagle IV for ~$5B
2025-02-14 - Diamondback Energy is reportedly in talks to potentially buy fellow Permian producer Double Eagle IV. A deal could be valued at over $5 billion.
VAALCO Acquires 70% Interest in Offshore Côte D’Ivoire Block
2025-03-03 - Vaalco Energy announced a farm-in of CI-705 Block offshore West Africa, which it will operate under the terms of an acquisition agreement.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.