EE North America Acquires 700 MW Colorado Solar Projects

Renewable Energy developer EE North America has acquired a majority stake in two solar projects, Sandy Hill Solar and Sand Dune Solar – which together make 700 MW of capacity – , in Colorado.

EE North America said that the joint venture with solar power developer Horus Energy is thereby accelerating the USA’s transition to clean energy.

The fresh acquisition brings EE North America pipeline to a total of 2.5GW in Texas, Arizona, New Mexico, and Colorado. The firm wants to achieve its goal of developing 10GW of renewable energy in the US by 2026 that can cover the electricity needs of 7.5 million homes and is greater than the total electric capacity of 14 individual states.

Lorena Ciciriello, CEO of EE North America, said that her firim is thrilled to enter into this partnership with Horus Energy and continue to grow the rapidly expanding solar pipeline. This opportunity marks the entry into the Colorado market where the developer will build upon the area’s clean energy resources.

The Sandy Hill Solar and Sand Dune Solar projects, which will be interconnecting with the Public Service of Colorado (PSCO) network, are expected to commence construction in 2025. This also marks a significant milestone towards achieving mission of EE North America to be a leading global force in promoting the green transition.

Stefano Romanin, CEO of Horus Energy, stated on investments by EE North America, “This strategic partnership is a testament to Horus’ expertise in greenfield solar PV development and confirms the strength of our team, business model, and quality of our projects.”

In November 2022, EE North America announced a new partnership with Elio Energy to develop a pipeline of 2 GW of solar power generation and energy storage in Arizona and surrounding states. The RE firm is an arm of global energy player European Energy.