Parker Poe Advises Invenergy on Pantego Wind Energy Project in North Carolina
April 2, 2012
Invenergy Statement: North Carolina Utilities Commission – Certificate of Public Convenience and Necessity
Pantego Wind Energy Project
(RALEIGH, N.C.)—On March 8, 2012, the North Carolina Utilities Commission issued a Certificate of Public Convenience and Necessity for Invenergy’s proposed Pantego Wind Energy project. This is an important first step and part of an extensive regulatory review that will include numerous local, state and federal agencies.
With an excellent wind resource and strong local support, the project’s location in Beaufort County, North Carolina is optimal for a successful wind farm. The 80 MW Pantego project will generate enough clean, renewable energy to power more than 15,000 North Carolina homes.
Pantego Wind would provide substantial, long-term economic benefits to our host community. The project is expected to generate more than 100 jobs during construction; at least five permanent operations and maintenance jobs once the project is operational; and more than $1 million annually in local tax revenue, lease payments to landowners, and staff salaries.
Invenergy has a proud track record of long-term, successful relationships with our host communities across the United States. Invenergy looks forward to working closely with the local community in Beaufort County and contributing to its economic development, while also providing a new supply of clean, homegrown energy in North Carolina.
Parker Poe Advises Invenergy in North Carolina
Parker Poe is representing Invenergy before the Utilities Commission and in all other aspects of its development efforts in the Carolinas. Henry Campen, a partner in the Firm’s Raleigh, NC, office is coordinating the team of attorneys from its Renewable Energy Practice that is advising the company.
Invenergy and its affiliated companies develop, own and operate large-scale renewable and other clean energy generation facilities in North America and Europe. Invenergy is committed to clean power alternatives and continued innovation in electricity generation. North America’s largest independent wind power generation company, Invenergy’s home office is located in Chicago, and it has regional development offices throughout the U.S., Canada and Europe. Invenergy and its affiliated companies currently have more than 6,600 megawatts of wind, solar and thermal projects under contract, in construction, or in operation. For more information, visit www.invenergyllc.com.
About Parker Poe
Parker Poe Adams & Bernstein LLP has 210 lawyers in six offices located in major markets across North Carolina and South Carolina. The Firm provides legal counsel to large commercial and public organizations on litigation, corporate and regulatory matters. It has been recognized in recent years as one of the fastest growing law firms in the United States and as an award-winning leader in the use of technology to provide better and more efficient service to domestic and international clients.