Former Indiana Governor Holcomb Joins Doral Renewables Board of Directors

Core Insights - Doral Renewables LLC has appointed former Indiana Governor Eric J. Holcomb to its board of directors, leveraging his extensive experience in policymaking and economic development to enhance the company's strategic initiatives [1][3]. Company Overview - Doral Renewables is a Philadelphia-based independent power producer specializing in the development, ownership, and operation of renewable energy projects, with a pipeline exceeding 14 gigawatts (GW) [4]. - The company operates in 20 states across seven electricity markets, with 400 megawatts (MW) currently in operation and 950 MW under construction [4]. - Doral has secured over $2.5 billion in long-term wholesale power purchase agreements with U.S. customers [4]. Project Highlights - The Mammoth Solar project in Indiana, part of Doral's portfolio, is expected to utilize approximately 20,000 tons of Indiana steel and contribute over $40 million to local municipalities through taxes and economic development payments [2]. - The Mammoth Solar project will power 500,000 Midwestern households and features dual-use practices that allow solar energy and farming to coexist, benefiting local family farms [2]. Leadership and Vision - Governor Holcomb's leadership is expected to align with Doral's focus on agrivoltaics, which aims to diversify energy resources while maximizing land use for local farmers [3]. - Holcomb expressed enthusiasm about joining Doral, emphasizing the importance of the company's mission to meet community needs and provide economic opportunities [3].