DECATUR — Development of Logan County’s Sugar Creek Wind project will change hands once again as it was announced Friday that the advanced-stage 202 Megawatt project was sold to a subsidiary of Canada-based Algonquin Power & Utilities Corp.
The sell of the project by Apex Clean Energy was made public in a press release sent out by the companies on Friday, with it also noted that “commencement of project construction” is planned for next year.
“Our project team is excited to undertake development of the Sugar Creek Wind project, the ownership and operation of which we believe closely aligns with our commitment to foster clean energy sources,” said Jeff Norman, Chief Development Officer at APUC, in a statement. “We look forward to working with members of the local community and other important stakeholders as we advance the project to completion.”
The project has been oft-discussed for nearly a decade, with the plan to build up to 77 wind turbines on roughly 11,500 acres of land between New Holland and Middletown.
In 2016, the project was sold to Virginia-based Apex Clean Energy, who in a separate press release Friday announced they were selling it to Liberty Power, an indirect, wholly-owned subsidiary of Algonquin.
“Sugar Creek Wind demonstrates the Apex team’s proven ability to identify and advance projects with strong fundamentals, including access to transmission, exceptional resources, strong community support, and financeable offtake,” said Mark Goodwin, president and CEO of Apex, in a press release.
The amount of the sale was not listed in either release.
Apex secured a long-term contract this fall with the Illinois Power Agency to provide renewable energy certificates from the project to utilities in the state.
Before construction can begin, Algonquin says it has to complete permitting activities, which it hopes to complete in the coming year.