VIRTUAL POWER PURCHASE AGREEMENT RULED LEGAL
F&S and the Institute for Sustainability, Energy, and Environment hired attorney Paul Durbin to evaluate the legality for the campus to enter into a Virtual Power Purchase Agreement (VPPA) to meet the Illinois Climate Action Plan (iCAP) goals for purchasing renewable energy. The analysis concluded that the Board of Trustees has the legal authority to enter into a VPPA, if it is financially reasonable; said agreement would be performed by Prairieland Energy, Inc. (PEI), a subsidiary wholly-owned by the Board of Trustees of the University of Illinois