Indiana Municipal Power Agency and the City of Anderson celebrate 5 MW solar park 5/2/2017 ANDERSON, IN – Surrounded by children from local schools, Anderson Mayor Tom Broderick, representatives of the City of Anderson, Anderson Municipal Light and Power (AML&P) Electric Utility Director Tony Pochard, AML&P employees, and representatives from the Indiana Municipal Power Agency (IMPA) joined together on Tuesday to cut the ribbon on the Anderson 1 Solar Park. The solar facility is the thirteenth such facility constructed by IMPA throughout the state, and is the largest at 5 Megawatts (MW). “IMPA’s ongoing commitment to providing a low-cost, reliable and environmentally responsible power supply to our 61 communities is a top priority for the Agency,” commented Raj Rao, IMPA President and CEO. "The output of the Anderson 1 Solar Park enables us to continue expanding our diverse portfolio through the addition of solar energy. We are certain that the Park will have a lasting impact on the community, and we look forward to the completion of a second, 8-MW solar park being constructed in Anderson this year.” “We are thrilled to be part of this innovative effort,” commented Mayor Tom Broderick. “Through the development of this solar park, we have not only increased diversity in generation resources, but have bolstered economic development for our City, brought in additional property taxes for our community, and provided an educational opportunity for residents and visitors alike to learn more about renewable energy. This solar park is a welcome addition to the Anderson community.” The Anderson 1 Solar Park is located on 35 acres of land and is comprised of 19,584 panels. The facility can produce up to 5 MW of energy, or enough to power over 500 homes. IMPA entered into an agreement earlier this year with Indiana Solar Holding, LLC. for the purchase of the park – a move that brought several benefits to IMPA’s member communities as well as the City of Anderson. The sale of the facility meant an overall 15% reduction in the total costs associated with the Anderson 1 Solar Park, as well as higher property taxes paid to the City of Anderson during the period that Indiana Solar Holdings owns the park. IMPA will purchase 100% of the park’s output at a pre-established price for up to 25 years, and has the option to purchase the park back in 5 ½ years. IMPA is constructing a second solar park in Anderson, slated to produce over 8 MW of energy. That park is scheduled to come online later this year. To date, IMPA has constructed thirteen solar parks totaling 24.25 MW throughout the state. Anderson, Argos, Bainbridge, Crawfordsville, Frankton, Huntingburg, Pendleton, Peru, Rensselaer, Richmond, Tell City, Washington and Waynetown all are home to solar parks built by IMPA, ranging in size from .25 MW to 5 MW. IMPA hopes to develop a solar park in each of the 61 communities it serves with wholesale electric power. The Indiana Municipal Power Agency is the not-for-profit wholesale power provider to 59 cities and towns across Indiana and one Ohio community who own and operate the municipal electric distribution systems in their communities. IMPA member communities deliver electric service to approximately 330,000 individuals throughout the state. For more information, visit www.IMPA.com.