Weekly renewables M&A round-up (May 23-27)
May 27, 2022 17:26 CESTMay 12 (Renewables Now) - Energy company Osaka Gas USA Corp (OGUSA) said on Wednesday that it is joining forces with Pittsburgh-based renewable energy developer Oriden LLC to develop over 600 MWac/700 MWdc of utility-scale solar and storage projects in the US.
The companies set out to work together through multiple stages of the project development until the start of construction.
OGUSA, which is the US unit of Japanese company Osaka Gas Co Ltd (TYO:9532), said that the projects will be located in "certain US markets", but provided no other details.
The partnership follows OGUSA's acquisition of the the 11-MW/15.7-MWdc Brighter Future solar project in North Carolina from Oriden. OGUSA bought this project alongside a company within Japanese group Mitsubishi Heavy Industries (TYO:7011).
Sunao Okamoto, OGUSA president and CEO, said that he expects the relationship with Oriden to expand through future collaboration.
Weekly renewables M&A round-up (May 23-27)
May 27, 2022 17:26 CESTDuke Energy equips Hawaii university with solar and storage
May 27, 2022 17:17 CESTUS stays atop EY renewables attractiveness index, Spain heads PPA chart
May 27, 2022 16:32 CESTSavannah Energy to develop up to 500 MW of renewables in Chad
May 27, 2022 16:08 CESTCelsia building 260 MW of solar farms in Colombia
May 27, 2022 15:51 CESTAgrana, RWA equip Austrian fruit juice concentrate plant with solar modules
May 27, 2022 15:36 CEST