Benzinga | Nov 16, 2021 03:21PM EST

Silicon Ranch Picks IEA To Construct 50 MW Regenerative Solar Facility In Kentucky

* Infrastructure And Energy Alternatives Inc (NASDAQ:IEA) has secured a 50-megawatt solar contract to construct the Turkey Creek Solar Ranch in Garrard County, Kentucky. Financial terms were not disclosed.

* Nashville-based Silicon Ranch Corporation awarded the engineering, procurement, and construction (EPC) contract to IEA Constructors.

* Construction is scheduled to begin in December 2021 and be completed by November 2022.

* IEA's work scope includes installing owner-furnished First Solar modules and full balance of system EPC construction, including civil, mechanical, and electrical work.

* Price Action: IEA shares are trading lower by 0.74% at $12.02 on the last check Tuesday.