Engie breaks ground on 225-MW solar project in Texas

Solar park. Author: iamme ubeyou. License: CC0 1.0 Universal.

November 7 (Renewables Now) - The North American unit of French energy group Engie SA (EPA:ENGI) on Wednesday broke ground on a 225-MW solar project in the US state of Texas.

The so-called Long Draw solar project has a 15-year power purchase agreement (PPA) in place as part of which New Braunfels Utilities (NBU) will buy the output of a 100-MW portion and Denton Municipal Electric (DME) will purchase 75 MW of capacity, while Garland Power & Light (GP&L) and Kerrville Public Utility Board (KPUB) have secured 25 MW each.

The plant is being built in Borden County and will serve the municipalities of New Braunfels, Denton, Garland and Kerrville. Upon completion, scheduled for the summer of 2020, the facility will comprise more than 800,000 solar panels.

The project is expected to generate total estimated tax payments to Borden County and the Borden County Independent School District of over USD 10 million (EUR 9m) over its lifecycle.

(USD 1.0 = EUR 0.902)

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Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.

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