Duke Energy Renewables has acquired the under-development 100MW Lapetus solar farm in Texas from 7X Energy for an undisclosed price.
Construction of the project, which is located in Andrews county on 324 hectares of land, is expected to start in March.
About 150 jobs will be created during peak construction.
Lapetus is also expected to generate over $20m in local property tax revenue and will start operating before the end of the year.
Electricity generated by the project will be delivered to the Electric Reliability Council of Texas.
Brazos Electric Power Cooperative will purchase the energy on behalf of CoServ Electric and seven other distribution cooperative members.
7X Energy president and chief executive Clay Butler said: “The sale of Lapetus is another milestone for 7X and advances our mission to rapidly deploy solar through innovation and agility to meet customer needs.
“We are committed to bringing high-quality, reliable solar projects to operation and look forward to working with Duke Energy on Lapetus through construction and successful commercial operations.”
Duke Energy Renewables president Rob Caldwell said: “Our focus is generating cleaner energy for the state of Texas and this solar project will do just that.
“We are pleased to partner with these communities in Texas to build and own facilities that offer customers additional options to use solar energy.”