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PSC approves joint utility purchases of High Noon solar and battery project
Summary
The Public Service Commission approved Wisconsin Electric Power Co., Wisconsin Public Service Corp. and Madison Gas & Electric’s joint acquisition of the 300 MW High Noon solar facility and its 165 MW battery energy storage system, finding statutory approval criteria were not met to deny the transaction.
The Public Service Commission on April 10, 2025, voted to approve the joint purchase by Wisconsin Electric Power Company, Wisconsin Public Service Corporation and Madison Gas & Electric Company of the High Noon solar electric generation facility and an associated battery energy storage system in Columbia County (docket 5BS276).
Commission Chair Strand said commissioners must apply Wisconsin statutory standards when reviewing buy-sell transactions under Wis. Stat. ch. 196. He summarized the project as a 300-megawatt solar PV facility with a 165-megawatt battery energy storage system and said the applicants proposed allocated ownership shares of 75% to Wisconsin Electric Power Company, 15% to WPSC and 10% to MGE. Chair Strand said total estimated transaction costs were about $981,100,000 excluding AFUDC and about $1.1 billion including approximately $128.8 million in allowance for funds used during construction (AFUDC).
The commission’…
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