Innergex Buys 260 MW Solar Project to Expand US Footprint

The company further said that, this 260 MWDC photovoltaic solar prospective project is almost ready to be built upon signing of an offtake contract.

In a bid to expand its US footprint to seven states, Innergex Renewable Energy (Innergex) has acquired a photovoltaic solar prospective project of approximately 260 MWDC from Open Road Renewables and MAP Renewable Energy.

The project is located in Brown County, OH, United States and both Open Road Renewables and MAP Renewable Energy are the developers of the project.

The company further said that, this 260 MWDC photovoltaic solar prospective project is almost ready to be built upon signing of an offtake contract.

Commenting on the development, Innergex, President and Chief Executive Officer, Michel Letellier said, “The acquisition of this prospective project increases Innergex’s footprint in the US Midwest. The renewable energy market in this area has many prospective development and long-term contracts possibilities with a diverse list of potential clients.”

“All major development milestones are completed, and we are optimistic signing a solid off-taker given Innergex’s strong reputation in bringing projects to execution,” Michel added.

Further, the Hillcrest project is one of the first utility scale solar projects to complete the Ohio Power Siting Board (OPSB) permitting process successfully and was awarded the necessary certificate of Environmental Compatibility and Public Need to Construct an Electric Generation Facility.

Interconnection service agreements are in place with PJM to interconnect to the Duke Energy owned Hillcrest substation that would allow a commercial operation date between 2020 and 2021.

Meanwhile, the company has begun discussions to sell the power produced by the facility through a power purchase agreement (PPA).