Sequitur Renewables, LLC, an affiliate of ArcLight Capital Partners, LLC, has entered into an agreement with affiliates of GlidePath Power Solutions LLC to acquire five operational wind farms in the states of Pennsylvania and West Virginia, USA. The portfolio, which has a total operating capacity of 185 MW, participates in the merchant PJM market by selling power as well as renewable energy credits.
Additionally, Sequitur is purchasing 80 MWh of battery energy storage (BESS) development opportunities adjunct to the portfolio from GlidePath.
The closing of the transaction is subject to customary conditions.
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