VERIFIED PETITION OF SOUTHERN INDIANA GAS AND ELECTRIC COMPANY D/B/A CENTERPOINT ENERGY INDIANA SOUTH (“CEI SOUTH”) FOR AN ORDER: (1) AUTHORIZING CEI SOUTH TO ENTER INTO A POWER PURCHASE AGREEMENT (“PPA”) TO PURCHASE ENERGY AND CAPACITY FROM A 170 MW WIND PROJECT IN EASTERN IOWA TAMA COUNTY (THE “SALT CREEK WIND PROJECT”), AND FINDING THE TERMS OF THE PPA REASONABLE AND NECESSARY; (2) DETERMINING THE SALT CREEK WIND PROJECT TO BE AN ELIGIBLE CLEAN ENERGY PROJECT FOR PURPOSES OF IND. CODE CH. 8-1-8.8; (3) AUTHORIZING THE FULL RECOVERY OF THE POWER PURCHASE COSTS UNDER THE PPA FROM CUSTOMERS THROUGH FUEL ADJUSTMENT CLAUSE (“FAC”) PROCEEDINGS OVER THE ENTIRE TERM OF THE PPA; (4) AUTHORIZING EXPENSES ASSOCIATED WITH ENTERING INTO THE PPA BE DEFERRED AS A REGULATORY ASSET FOR RECOVERY THROUGH THE FAC; AND (5) APPROVING CONFIDENTIAL TREATMENT OF THE PPA PRICING AND OTHER NEGOTIATED COMMERCIAL TERMS AND RELATED CONFIDENTIAL INFORMATION |