Having failed to attract investors to a proposed wind farm project in downstate Stark County, Carpentersville-based Community Unit District 300, Prospect Heights Elementary District 23 and Keeneyville Elementary District 20 are looking at another option that will enable them to harness the power of wind energy.
Initially, the three districts? School Wind Consortium Joint Action Renewable Energy Agency sought to purchase wind turbines in Stark County, located northwest of Peoria.
But district leaders said investors were not interested in backing the revenue bonds needed to fund the project.
Instead, the consortium will consider leasing wind turbines from Chicago-based Invenergy, which operates a wind farm in Bishop Hill, a small town about 50 miles southeast of Rock Island.
District 300 Chief Financial Officer Cheryl Crates said the proposal from Invenergy was the most attractive option for the consortium.
?We have three goals, and they are to save money, be green and to involve our students in understanding social responsibilities,? Crates said. ?Those are our three goals and this proposal accomplishes them.?
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