European Energy offloads 350MW Texas solar

• Osaka Gas U.S.A. Corporation has acquired the project which is expected to be functional in 2025

EE North America, a subsidiary of European Energy, has actually accepted market a 350MW utility-scale solar project in Texas to Osaka Gas USA Corporation (OGUSA).

The project is anticipated to be functional in 2025.

Lorena Ciciriello, Chief Executive Officer of EE North America, stated: "We take terrific pride in being reliable partners with our financiers, financial partners, and the neighborhoods where we operate.

" Selling this project to OGUSA, becomes part of our long-lasting approach for growth; as well as we will remain to take advantage of our collaborations, share our experience, and be a leading global force in advertising the environment-friendly change."

OGUSA has actually been co-developing and operating utility-scale and distributed generation solar energy plants with several US power generation as well as renewable energy programmers.

The business has grown its sustainable organization pillar in the utility-scale and dispersed generation market via joint ventures with numerous designers.

Beyond these partnerships, OGUSA will continue to acquire mid-stage power assets throughout the United States as it grows its asset administration organization.