WEC Energy Group Inc. said it agreed to acquire a 90% ownership interest in the Sapphire Sky Wind Energy Center in Illinois with an investment of $412 million.
The Sapphire Sky site in McLean County will consist of 64 wind turbines with a combined capacity of 250 megawatts. Commercial operation is expected by the end of 2022, Milwaukee-based WEC Energy (NYSE: WEC) said.
Sapphire Sky will generate renewable energy that will be sold under a long-term power purchase agreement with an undisclosed…