Exus Expands US Solar Portfolio with 625MW Acquisition

• Exus North America secures 625MW solar farm portfolio in New Mexico, bolstering the state's clean energy goals. Partners Group invests $1 billion, fueling Exus' expansion in North America.

Exus North America has acquired New Mexico Renewable Energy Development, a portfolio of 15 solar farms in New Mexico totaling 625MW. The sale, owned by PNM Resources and American Electric Power, is expected to close in February 2024. Upon completion, Exus will assume all ownership and operational responsibilities for the projects. The portfolio currently consists of nine operational projects and six in development, contributing to New Mexico's goal of achieving a 100% clean energy mix by 2040. Exus plans to capitalize on New Mexico's solar power potential and contribute to the state's renewable energy industry.

Partners Group has agreed to invest up to $1 billion in Exus, representing a growing pipeline of planned project acquisitions for the company in North America. Exus currently manages 1.8GW of US solar assets.

What is Exus North America's plan to contribute to New Mexico's clean energy goals?

• Exus North America plans to contribute to New Mexico's clean energy goals by implementing renewable energy projects in the state.
• The company aims to develop and operate solar power plants in New Mexico, harnessing the abundant sunlight to generate clean electricity.
• Exus North America will also focus on wind energy projects, utilizing the state's favorable wind resources to produce renewable power.
• The company plans to invest in energy storage technologies, such as battery energy storage systems, to enhance the integration of renewable energy into the grid.
• Exus North America aims to collaborate with local communities and stakeholders to ensure the successful implementation of clean energy projects in New Mexico.
• The company will work towards reducing greenhouse gas emissions and promoting sustainable development in the state.
• Exus North America's initiatives will contribute to the diversification of New Mexico's energy mix, reducing reliance on fossil fuels and increasing the share of renewable energy.
• By providing clean and reliable electricity, Exus North America's projects will help stabilize the grid and reduce the occurrence of power outages.
• The company's efforts align with New Mexico's clean energy goals, which include achieving 100% carbon-free electricity generation by 2045.
• Exus North America's projects will create job opportunities and stimulate economic growth in the state, contributing to a sustainable and prosperous future for New Mexico.