Geronimo Power recently announced the start of onsite construction at its 150-megawatt Bee Hollow Solar project in St. Clair County, Illinois within the Midcontinent Independent System Operator market.
Construction of Bee Hollow will be performed by engineering, procurement and construction firm Burns & McDonnell, and will sustain upwards of 200 construction jobs during the process.
The project has a previously announced power purchase agreement with the Illinois Municipal Electric Agency.
The project is expected to bring substantial economic benefits to the local community in the form of new tax revenue, jobs, local spending and charitable giving, the developer said.
In total, Bee Hollow is anticipated to contribute $54 million in direct economic impact to the local area, including $17 million in new tax revenue which will be distributed to the local county, township and school districts over the first 20 years of operations.
The project community will also benefit from a dedicated charitable fund, which is pledged above and beyond any tax revenue delivered by the project. These charitable funds are unique to Geronimo Power, exemplifying their commitment to being good neighbors in their projects’ host communities.
