Riverstart Solar Project

This 200-megawatt solar facility located in Randolph County, Indiana represents the largest array by capacity in the state and generates enough clean energy to meet the needs of approximately 36,000 homes each year.

The project serves Hoosier Energy, a not-for-profit generation and transmission cooperative that provides electric power and services to more than 760,000 consumers. Riverstart’s clean energy will help diversify the electric grid and add to Indiana’s growing portfolio of renewable power projects.

Investment Highlights

Initial Investment Date

  • December 2021


  • Indiana, United States


  • Solar


  • Acquired through a forward purchase agreement effective upon completion of construction activities; operational as of December 20121

Cashflow Profile

  • 20-year, fixed-price power purchase agreement


  • Source of clean energy
  • Generates significant economic benefits to the community in the form of payments to landowners, local spending, and annual community investment
  • Benefits local ecology through the large-scale planting of native vegetation under and around large-scale solar arrays to support beneficial pollinating insects and birds as part of a University of Illinois-Chicago led research study