Boralex completes United States solar procurement

Feb 2, 2021 04:56 PM ET
  • 210MW portfolio spans five plants in California, Indiana and Alabama
Boralex completes United States solar procurement
Image: Unsplash/APPA

Canadian renewables firm Boralex has actually shut the purchase of the regulating passions in a 210MW portfolio people solar plants.

The purchase rate was $215.6 m after certain adjustments made as per the purchase contracts.

The solar plant portfolio makes up five situated in California and also one each in Alabama and Indiana.

They were commissioned in between 2014 and also 2017 and take advantage of long-lasting power acquisition arrangements (PPAs) with the Regents of the University of California, Alabama Power Company, PG&E, Southern California Edison, City of Palo Alto and Indianapolis Power & Light.

Alabama Power has actually not worked out the right of first refusal it had pertaining to the Lafayette solar plant.

Adhering to the transaction, Boralex's overall mounted capability worldwide stands at 2455MW.

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