Longroad divests 83 MW solar PV project in Virginia
Longroad Energy has announced the sale of its 108 MWdc (83 MWac) Foxhound Solar project to Dominion Energy, marking Longroad's first solar project in Virginia and its first greenfield development project in PJM.
The project, which has been in development for six years, is located in Halifax County, Virginia, USA, and will produce enough clean energy to power more than 17,000 homes. The project is expected to complete in January 2024 and has long-term Power Purchase Agreements (PPAs).
The project financing was secured with KeyBank N.A. and HSBC serving as lenders. Balch & Bingham served as Longroad's counsel on the transaction, with the financial close of the acquisition expected upon mechanical completion of the project in early 2024. This acquisition furthers Dominion Energy's commitment to supporting Virginia's clean energy goals and brings Longroad Energy closer to providing clean energy solutions that benefit the environment and communities.
Country updates
-
-
April 11, 2023
Savion enters PPA with Indiana Michigan Power for 100 MW solar PV project in Indiana
Savion has entered into a Power Purchase Agreement (PPA) with Indiana Michigan Power (I&M), an operating company of American Electric Power for the 100 MW AC solar photovoltaic project l...
Read more -
April 11, 2023
Summit Ridge Energy buys 1.2 GW of solar PV panels
Summit Ridge Energy has announced a 1.2 GW module order with Qcells, making it the largest equipment purchase in the US community solar market's history. The order also includes 20 MWh of Qcells Geli...
Read more -
April 11, 2023
Sarcos completes pilot project using robots for PV panel installation
Sarcos Robotics has completed an outdoor field trial of its robotic system for the installation of solar panels called Outdoor Autonomous Manipulation of Photovoltaic Panels. The system combines an au...
Read more -
April 05, 2023
CS Energy, CVE starts construction of 22 MW solar portfolio in New York
CS Energy and CVE North America have started the construction of a 22 MW solar photovoltaic portfolio consisting of four community solar projects located in Western New York State, USA. CVE Nor...
Read more -
April 04, 2023
Vestas secures 370 MW turbine order for two wind farms in Minnesota and North Dakota
Vestas has received an order for two wind projects totaling 370 MW to repower the Pleasant Valley and Border Winds projects owned by Xcel Energy in the USA. The order for the 213 MW Pleasant Valley p...
Read more
