IMP begins construction on first solar facility

 IMP begins construction on first solar facility

American Electric Power’s (AEP, NYSE: AEP) Indiana Michigan Power (IMP) will soon begin construction on the first of four solar energy facilities in northern Indiana. The facility, near Marion about 50 miles from Fort Wayne, will include about 10,000 solar panels across 17 acres, and is slated to begin generating power by the end of the year.
IMP also expects to begin construction on another solar facility in Mishawaka this year. Other solar installations will follow west of South Bend and near Watervliet, Mich. All facilities are expected to be operational by the end of 2016.

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