Vermillion County Awards Facilities Contract to Pivot Energy Il 6 Llc (July 2026)

Financial Assurance equal to 100% of Decommissioning Plan estimate (initial estimate $752,048.59; net after salvage $256,206.57), increasing at least 3% annually

FACILITIES

Decommissioning Plan review every 5 years from Commercial Operation Date; decommissioning to be completed within 12 months after facility end-of-life; financial assurance posted before building permits and maintained through decommissioning

Decommissioning Plan and associated financial assurance will be reviewed and may be adjusted every 5 years from the Commercial Operation Date; financial assurance amount must increase at least 3% annually, compounding, and must remain in force until decommissioning is complete within 12 months after facility end‑of‑life.

Resolution