Duke Vitality Sustainable Options (DESS), a non-regulated industrial model of US utility Duke Vitality (NYSE:DUK), has acquired a 175-MW photo voltaic mission in Colorado from the Colorado-based US subsidiary of German photo voltaic developer Juwi.
The Pike Photo voltaic mission, positioned exterior town of Colorado Springs, will promote its electrical energy to Colorado Springs Utilities underneath a 17-year contract.
The solar energy plant is at the moment underneath building, with civil work and racking set up underway. Its start-up is anticipated in late 2023.
Underneath the acquisition settlement, Juwi is accountable for the engineering, procurement and building, whereas DESS is procuring the photo voltaic modules. The 2 firms will share the operation and upkeep tasks.
The deal expands DESS’ photo voltaic portfolio in Colorado to a few initiatives totaling 248 MW.
Duke Vitality says it has greater than 10,500 MW of photo voltaic and wind vitality throughout the US.
Select your publication by Renewables Now. Be part of totally free!
Leave a Reply