KEPCO secures US$50mn tax equity investment from Foss & Company for 60 MW solar with energy storage project in Guam
Date
May 23, 2022
Type
Projects
Subtype
Financial close
Countries
(USA) United States of America
Subsectors
Photovoltaic
Energy Storage
Subscribe to our newsletter and get the latest news and business opportunities in your inbox
KEPCO Mangilao Solar has entered into a US$50 million tax equity partnership with Foss & Company for the development of a 60 MW DC photovoltaic solar power plant with a 32 MWh battery energy storage system located in Mangilao, Guam.
KEPCO Mangilao Solar, a subsidiary of Korea Electric Power Corporation (KEPCO), has been constructing the project since 2020. The solar farm is expected to be completed and commissioned before the end of 2022.
