183-20 - Legal Notice Cause No. 45462

Legal Notice

Cause No. 45462

VERIFIED JOINT PETITION OF NORTHERN INDIANA PUBLIC SERVICE COMPANY LLC, DUNN’S BRIDGE I SOLAR GENERATION LLC, DUNN’S BRIDGE II SOLAR AND STORAGE GENERATION LLC, AND CAVALRY SOLAR AND STORAGE GENERATION LLC (THE “JOINT VENTURES”) FOR (1) ISSUANCE TO NIPSCO OF A CERTIFICATE OF PUBLIC CONVENIENCE AND NECESSITY FOR THE PURCHASE AND ACQUISITION OF (A) A 265 MW SOLAR PROJECT (“THE BRIDGE I PROJECT”), (B) A 435 MW SOLAR AND 75 MW ENERGY STORAGE PROJECT (“THE BRIDGE II PROJECT”), AND (C) A 200 MW SOLAR PROJECT AND 60 MW ENERGY STORAGE PROJECT (“THE CAVALRY PROJECT”) (COLLECTIVELY, THE “SOLAR PROJECTS”); (2) APPROVAL OF THE SOLAR PROJECTS AS CLEAN ENERGY PROJECTS UNDER IND. CODE § 8-1-8.8-11; (3) APPROVAL OF RATEMAKING AND ACCOUNTING TREATMENT ASSOCIATED WITH THE SOLAR PROJECTS; (4) AUTHORITY TO ESTABLISH AMORTIZATION RATES FOR NIPSCO’S INVESTMENT IN THE JOINT VENTURES; (5) APPROVAL PURSUANT TO IND. CODE § 8-1-2.5-6 OF AN ALTERNATIVE REGULATORY PLAN INCLUDING ESTABLISHMENT OF JOINT VENTURES THROUGH WHICH THE SOLAR PROJECTS WILL SUPPORT NIPSCO’S GENERATION FLEET AND THE REFLECTION IN NIPSCO’S NET ORIGINAL COST RATE BASE OF ITS INVESTMENT IN JOINT VENTURES; (6) APPROVAL OF PURCHASED POWER AGREEMENTS AND CONTRACTS FOR DIFFERENCES THROUGH WHICH NIPSCO WILL PAY FOR THE ENERGY GENERATED BY THE SOLAR PROJECTS, INCLUDING TIMELY COST RECOVERY PURSUANT TO IND. CODE § 8-1-8.8-11 THROUGH NIPSCO’S FUEL ADJUSTMENT CLAUSE; (7) AUTHORITY TO DEFER AMORTIZATION AND TO ACCRUE POST-IN SERVICE CARRYING CHARGES ON NIPSCO’S INVESTMENT IN JOINT VENTURES; (8) TO THE EXTENT GENERALLY ACCEPTED ACCOUNTING PRINCIPLES WOULD TREAT ANY ASPECT OF JOINT VENTURES AS DEBT ON NIPSCO’S FINANCIAL STATEMENTS, APPROVAL OF FINANCING; (9) APPROVAL OF AN ALTERNATIVE REGULATORY PLAN FOR NIPSCO IN ORDER TO FACILITATE THE IMPLEMENTATION OF THE SOLAR PROJECTS; AND (10) TO THE EXTENT NECESSARY, ISSUANCE OF AN ORDER PURSUANT TO IND. CODE § 8-1-2.5-5 DECLINING TO EXERCISE JURISDICTION OVER THE JOINT VENTURES AS PUBLIC UTILITIES.

Notice is hereby given that on November 30, 2020, Northern Indiana Public Service Company LLC (“NIPSCO”) and Dunn’s Bridge I Solar Generation LLC (“Bridge I Joint Venture”), Dunn’s Bridge II Solar and Storage Generation LLC (“Bridge II Joint Venture”), and Cavalry Solar and Storage Generation LLC (“Cavalry Joint Venture”) (collectively referred to as the “Joint Ventures”) filed a Joint Petition with the Indiana Utility Regulatory Commission (“Commission”) to (1) issue NIPSCO a certificate of public convenience and necessity (“CPCN”) to purchase and acquire indirectly through Joint Ventures (a) a 265 megawatt (“MW”) solar project (“Bridge I Project”), (b) a 435 MW solar and 75 MW energy storage project (“Bridge II Project”), and (c) a 200 MW solar and 60 MW energy storage project (“Cavalry Project”) (collectively referred to as the “Solar Projects”); (2) approve the Solar Projects as clean energy projects under Ind. Code § 8-1-8.8-11; (3) approve associated ratemaking and accounting treatment for the Solar Projects; (4) establish amortization rates for NIPSCO’s investment in the Solar Projects through Joint Ventures; (5) approve pursuant to Ind. Code § 8-1-2.5-6 an alternative regulatory plan to implement the Solar Projects, including establishment of Joint Ventures and the reflection in NIPSCO’s net original cost rate base of its investment in Joint Ventures; (6) approve purchased power agreements and contracts for differences through which NIPSCO will pay for the energy generated by the Solar Projects, including timely cost recovery pursuant to Ind. Code § 8-1-8.8-11, which is anticipated to occur through NIPSCO’s Fuel Adjustment Clause (“FAC”); (7) authorize NIPSCO to defer amortization and to accrue post-in service carrying charges (“PISCC”) on NIPSCO’s capital investments in Joint Ventures; (8) to the extent generally accepted accounting principles (“GAAP”) would treat any aspect of Joint Ventures as debt on NIPSCO’s financial statements, grant necessary financing approval; (9) approve an alternative regulatory plan for NIPSCO to facilitate the implementation of the Solar Projects; and (10) to the extent necessary, pursuant to Ind. Code § 8-1-2.5-5, decline to exercise jurisdiction over Joint Ventures as public utilities. This notice is provided to the public under Ind. Code § 8-1-2.5-6(d). A copy of the Joint Petition and other submissions in this proceeding is on file with the Commission, PNC Center, 101 West Washington Street, Suite 1500 East, Indianapolis, Indiana 46204. The telephone number of the Commission is (317) 232-2701. Anyone wishing to protest, challenge, or intervene in this action may do so by contacting the Commission.

183-20 N 12/09

 

Pulaski County Journal

114 W. Main Street
Winamac, IN 46996

(574) 946-6628
 

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