Green Investment Group (GIG) portfolio company Savion has signed a long-term power purchase agreement with American Electric Power’s AEP Energy Partners subsidiary for a 200 MW solar project in Ohio, USA that Savion is currently developing.
Construction is scheduled to begin mid-to-late 2021, pending the approval of its permit with the Ohio Power Siting Board. The project is anticipated to include approximately 600,000 solar panels and is expected to be operational by the end of 2022. AEP Energy will use the power from the development to supply clean energy to retail customers.
Savion is one of the largest, most technologically advanced utility-scale solar and energy storage project development companies in the United States. With a growing portfolio of more than 11 GW, Savion’s diverse team provides comprehensive services at each phase of renewable energy project development, from conception through construction.