Silicon Ranch Selects Infrastructure and Energy Alternatives to Construct 70 MW Regenerative Solar Project in Georgia

Thursday, March 17th, 2022

Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”), a leading infrastructure company with renewable energy and specialty civil expertise, today announced it has been awarded a contract by Silicon Ranch Corporation to construct the Cedar Springs Solar Ranch in Early County, Georgia. The 70-megawatt (MWAC) solar project will provide power to Green Power EMC, the renewable energy supplier for 38 Georgia electric cooperatives.

Nashville, Tennessee-based Silicon Ranch, one of the nation’s largest independent solar power producers and operator of the nation’s largest agrivoltaics portfolio, is funding the installation of the Cedar Springs Solar Ranch and will own and operate the solar array for the long-term, a disciplined approach the company takes with every project it develops. Silicon Ranch’s wholly-owned subsidiary, SR EPC, has awarded the engineering, procurement, and construction (“EPC”) contract to IEA Constructors, a wholly-owned subsidiary of IEA. Construction is scheduled to commence by the end of the first quarter of 2022 and the facility is expected to be online by the end of the year.

IEA’s scope of work includes the installation of owner furnished modules and full balance of system EPC construction, including all civil, mechanical, and electrical work. More than 215,000 First Solar Series 6 modules will be installed across the 1,400-acre site in rural southwest Georgia.