Project Finance Brief: AES Corporation to Acquire a 195 MW Solar Project in Indiana

Macquarie closes $108 million debt financing for a 120 MW concentrated solar project in Spain

June 21, 2021

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AES Indiana, a subsidiary of the AES Corporation, is to acquire the Hardy Hills 195 MW solar project in Clinton County, Indiana. Construction on the project is expected to begin in the fall of 2021 and reach commercial operation in 2023. AES Indiana received approval from the Indiana Utility Regulatory Commission (IURC) on the transaction.

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