PPA signed for 471 MW Solar Project in Texas
Ørsted has announced the signing of an 80 MW power purchase agreement (PPA) with Bloomberg for renewable energy generated by the Mockingbird Solar Center, a 471 MW project located in Lamar County, northeast of Dallas, Texas, USA.
The facility currently under construction is being installed on about 4,900 acres of land and can power over 80,000 homes over a year and help meet the energy needs of Texas during peak demand periods by providing reliable and flexible solar powered electricity.
The solar farm has created 500 jobs during peak construction and is estimated to inject US$215 million into the local economy over the life of the project.
Country updates
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January 12, 2024
EBRD invests US$109 million in Taaleri SolarWind III Fund
The European Bank for Reconstruction and Development (EBRD) has committed up to EUR100 million (US$109.15 million) to the Taaleri SolarWind III fund. The investment is expected to enable the cons...
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January 05, 2024
USD 2.1 billion acquisition closed of Vencer oil assets
Civitas Resources has closed the acquisition of Vencer Energy’s oil-producing assets in the Midland Basin of west Texas from Vitol. As Per the agreement, Civitas issued Vencer 7,181,527 common...
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January 04, 2024
US$4.3 billion merger between Iberdrola, Avangrid, and PNM Resources blocked
Spain's Iberdrola has terminated its US$ 4.3 billion agreement to acquire Albuquerque-based utility PNM Resources. The agreement was contingent on regulatory approval, and the New Mexico Public Regul...
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January 04, 2024
Origis Energy closes US$344 million financing for 200 MW Solar project in USA
Origis Energy announced the close of a US$344 million construction financing facility and conversion to term loan with MUFG, for its Golden Triangle I solar plus battery energy storage...
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December 19, 2023
Tax equity investment inked for 272 MW Cutlass Solar II Project in Texas
Advantage Capital and Sabanci Renewables have closed a US$185 million tax equity financing to fund the 272 MW Cutlass Solar II Project outside of Houston, Texas, USA. This funding will...
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