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Home » Uncategorized » Cypress Creek acquires 100MW transmission project
Grid

Cypress Creek acquires 100MW transmission project

Eleanore RobinsonBy Eleanore RobinsonAugust 1, 20222 Mins Read
US consults on grid reforms

Cypress Creek Renewables has acquired a 100MW transmission project from Carson Power to add to its New York Independent System Operator (NYISO) development portfolio.

The project, located near Rochester, NY, is in the early stages of development and is expected to be placed in service in 2026.  

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Carson Power will continue to co-develop the project, supporting entitlement and community engagement, with Cypress Creek leading principal development, offtake, procurement, and financing responsibilities.  

Nationally, Cypress Creek has developed more than 11GW of solar and storage projects to date and has a 15GW solar and storage pipeline.

In New York, Cypress Creek has placed over 35 solar energy and energy storage projects into operation and is currently developing an additional 55 distributed generation, utility-scale, and standalone energy storage projects across the state.

Most recently, Cypress Creek was awarded a Renewable Energy Certificate from the New York State Energy Research and Development Authority (NYSERDA) for its 130MW Bear Ridge project located in Western New York.   

Cypress Creek director of development Marisa Scavo said: “We are incredibly excited to begin our partnership with Carson Power. 

“Over the past seven years, we have been committed to powering the clean energy transition in New York State and are looking forward to expanding how we develop and advance solar and energy storage.

“With this project we will commence a, hopefully long, relationship providing development capital to Carson Power as their business grows and our commitment to New York strengthens.” 

Carson Power chief executive Emilie Flanagan added: “We are thrilled to kick-off co-development of this 100MW solar project in New York with a partner like Cypress Creek.

“Their deep expertise in utility-scale development, financing, ownership, and operations in New York will be instrumental to bringing this asset to NTP.

“We are excited to start the foundation of what we believe will be a great development partnership with Cypress Creek to continue supporting the clean energy transition of the State of New York.”

Cypress Creek Grid New York USA
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