US Solar Fund completes acquisition of 39 MW solar portfolio in North Carolina
US Solar Fund Plc has completed the acquisition of a 39 MW solar photovoltaic portfolio located in North Carolina.
The solar assets were purchased from its developers Cypress Creek Renewables.
Horne Brothers Construction will lead the construction of the project with the expected completion due in the second half of 2020. The projects have a power purchase agreement (PPA) with Duke Energy Corp with a weighted average term of 13.2 years.
The investment in the acquisition deal and the construction is about US$35million.
Country updates
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December 31, 2019
EDF secures a PPA deal for the 100 MW Maverick 6 solar park in Riverside County
EDF Renewables has signed a 20-year Power Purchase Agreement (PPA) with CleanPowerSF, a not-for-profit program operated by the San Francisco Public Utilities Commission, for a 100 MWac tranche of the...
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December 31, 2019
Scout closes construction financing for 130 MW Bitter Ridge wind project in Jay County
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December 30, 2019
LS Power to Acquire EVgo
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December 30, 2019
Basalt completes acquisition of Natural Gas Transmission Business from Third Coast Midstream
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December 27, 2019
PPA and expansion of 450MW onshore wind project in USA
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