Doral Renewables has acquired the 150MW Brenneman solar farm in the US state of Georgia from Avangrid for an undisclosed price.
The project is located in Macon County in the Southeastern Electric Reliability Council (SERC) energy market, one of the fastest growing areas in the US in terms of solar power generation potential.
It has secured almost 1600 acres under long-term leases with local landowners and has a signed interconnection agreement with Georgia Power.
Brenneman will produce enough electricity to power approximately 36,000 US households.
Doral vice president M&A and finance Ignacio Ibarguren said: “Brenneman is Doral’s first project outside PJM and MISO.
“We are excited to expand our footprint and diversify our geographical and market exposure.
“Going forward, Doral aims to further expand its presence outside its ‘home markets’ through organic growth and/or acquisition of solar, wind, and storage development projects in ERCOT, CAISO and the Northeast.”
Doral director of project and business development Jon Baker said: “Doral is thrilled to finish the work started by Avangrid by constructing and operating the Brenneman project.
“When completed, the project will provide important income stability and diversification to the local farming community.”