Invenergy

This month, Illuminate USA—an advanced solar panel manufacturing facility located in Pataskala, Ohio of which Invenergy is majority owner—celebrated one year of operations. The facility is making an outsized impact on onshoring the solar supply chain, producing nearly 4.5 million American-made solar panels and creating more than 1500 good-paying American jobs.

Electricity demand is rising faster than it has in decades, with AI alone expected to drive a 160% increase in data center power consumption. The need for cleaner, more reliable, affordable energy has never been greater. Invenergy is meeting this challenge head-on. Our latest Virtual Power Purchase Agreements (VPPAs) with Verizon underscore our commitment to delivering the power our customers need—today and in the future. Read more via Axios: https://bit.ly/3D17j76

Invenergy and Verizon have reached an exciting milestone: over 1 gigawatt of clean energy procured through four new Virtual Power Purchase Agreements (VPPAs). The energy from these projects strengthens local grids across America, while helping a long-term customer meet their growing need for cleaner, more reliable, affordable energy. And in addition to serving our customers, Invenergy projects: ☀️ Power American homes and businesses ☀️ Create good paying jobs and invest in local economies ☀️ Add more American-made energy to the grid Reliable, affordable power is essential to unlocking America's economic growth and strengthening U.S. national security — and Invenergy continues to flexibly meet our customers' long-term energy goals with a wide range of innovative solutions. Read the full press release: https://bit.ly/41m1gTV

The Invenergy-developed Delilah I Solar Energy Center has reached commercial operations in Texas. The energy generated from Delilah I will be purchased by American Honda Motor Company, Inc.. (200 MW) and Tesla (100 MW) through virtual power purchase agreements (VPPAs) and be delivered to the local grid. Read the full press release here: https://bit.ly/4hTZdMq

Invenergy has closed $1.1 billion in financing to advance three new utility-scale solar projects in Ohio, Indiana, and Tennessee. These projects—Cadence Solar (240 MW), Trade Post Solar (200 MW), and Yum Yum Solar (150 MW)—will generate 590 megawatts of clean energy once operational in 2026. This milestone reflects our commitment to delivering cleaner, more reliable, affordable energy while driving local economic growth. These projects will bring significant benefits to their communities, including job creation and over $390 million in tax revenue and landowner payments. Read the full press release: https://lnkd.in/gK8uzpqX

Congratulations to Matt Powers, Director of Local and Community Affairs at Invenergy, for joining City & State New York’s list of 2024 Trailblazers in Economic Development. As we work to achieve the Empire State’s ambitious energy goals, Matt collaborates with stakeholders and local governments to strengthen the economic growth opportunities that come with delivering more reliable, more affordable energy statewide.

Amidst the devasting California wildfires, we are donating to Team Rubicon, a nonprofit disaster response organization with whom we have a long-standing relationship, in support of their efforts to provide disaster relief and assist the emergency management and fire departments in the area. With thousands of trained volunteers currently in LA, the organization is tackling the work that frees up resources for first responders to address pressing emergencies. Read more about Team Rubicon’s latest response to the LA wildfires: https://bit.ly/4anCZjn

This week, Invenergy welcomed Illinois Governor J.B. Pritzker to tour the new expansion of our home office, which represents the largest office expansion in the Chicago Loop. We are proud to further our deep commitment to the state of Illinois, and through this growth accelerate the delivery of cleaner, more reliable, affordable power to meet growing energy demand. Pictured: The Governor joined Invenergy Founder and CEO Michael Polsky on a tour of our newly renovated floors, as well as our Invenergy Control Center.

Invenergy has announced a new agreement with Hubbell Incorporated that is part of a $2 billion investment bolstering the domestic electricity transmission supply chain needed to support a more reliable, resilient U.S. energy grid. Read the full press release: https://lnkd.in/gNw2yUeq

For the second year in a row, Invenergy has been named to Built In's Best Places to Work lists in Chicago and Denver in the "Best Large Companies" category. As we accelerate cleaner, more reliable, affordable energy, it's our people who make all that we do possible—and make Invenergy a great place to work. Learn more about our company culture, mission and browse our open roles: https://lnkd.in/gVbUaBrN