VERIFIED PETITION OF SOUTHERN INDIANA GAS AND ELECTRIC COMPANY D/B/A CENTERPOINT ENERGY INDIANA
SOUTH (“CENTERPOINT INDIANA SOUTH”) FOR AN ORDER: (1) AUTHORIZING CENTERPOINT INDIANA SOUTH TO ENTER
INTO A POWER PURCHASE AGREEMENT (“PPA”) TO PURCHASE ENERGY AND CAPACITY FROM A 185 MW SOLAR
PROJECT IN VERMILLION COUNTY, INDIANA (THE “VERMILLION COUNTY SOLAR PROJECT”), AND FINDING THE
TERMS OF THE PPA REASONABLE AND NECESSARY; (2) AUTHORIZING CENTERPOINT INDIANA SOUTH TO ENTER
INTO A PPA TO PURCHASE ENERGY AND CAPACITY FROM A 150 MW SOLAR PROJECT IN KNOX COUNTY, INDIANA (THE
“KNOX COUNTY SOLAR PROJECT”), AND FINDING THE TERMS OF THE PPA REASONABLE AND NECESSARY; (3)
DETERMINING THE VERMILLION COUNTY SOLAR PROJECT AND KNOX COUNTY SOLAR PROJECT TO BE ELIGIBLE CLEAN
ENERGY PROJECTS FOR PURPOSES OF IND. CODE CH. 8-1-8.8; (4) AUTHORIZING THE FULL RECOVERY OF THE POWER
PURCHASE COSTS UNDER THE PPAS FROM CUSTOMERS THROUGH FUEL ADJUSTMENT CLAUSE (“FAC”) PROCEEDINGS OVER THE ENTIRE TERM OF THE PPAS; (5) APPROVING RATEMAKING TREATMENT TO ACCOUNT FOR INCREASED COST OF DEBT ASSOCIATED WITH THE PPAS AND AUTHORIZING EXPENSES ASSOCIATED WITH ENTERING INTO THE PPAS BE DEFERRED AS REGULATORY ASSETS FOR RECOVERY THROUGH THE FAC; (6) APPROVING CONFIDENTIAL TREATMENT OF THE PPA PRICING AND OTHER NEGOTIATED COMMERCIAL TERMS AND RELATED CONFIDENTIAL INFORMATION. |