WEC Energy Group Inc., which continues to grow its renewable energy business, said it will acquire an 80% ownership interest in Blooming Grove Wind Farm in Illinois for a total investment of $345 million.
The project is being developed in McLean County, Illinois, by Invenergy LLC of Chicago. Commercial operation is expected to begin by the end of 2020, Milwaukee-based WEC Energy (NYSE: WEC) said Monday.
“This is the latest in a series of investments that fit exceptionally well with our strategy…