National Grid Renewables announced the execution of a power purchase agreement with the Illinois Municipal Electric Agency (IMEA) for its Bee Hollow Solar Project (Bee Hollow), a 150-megawatt (MW) development located in St. Clair County, Illinois.
Anticipated to begin construction in 2025, Bee Hollow will join the previously announced Prairie Wolf Solar, located in nearby Coles County, Illinois, and will expand National Grid Renewables’ operating solar portfolio in the state to 350 MW.
Bee Hollow is anticipated to benefit local and statewide communities through the production of millions of dollars in new tax revenue and landowner income, the creation of new jobs, and local spending. The project community will also benefit from a dedicated charitable fund, which is pledged above and beyond any tax revenue delivered by the project. These charitable funds are unique to National Grid Renewables and exemplify their commitment to being good neighbors in their projects’ host communities. In total, the direct economic impact of Bee Hollow is estimated to reach $34 million over the first 20 years of operations.
