US renewables outfit sPower has acquired nine solar farms in New York from National Grid Renewables totalling about 1GW.
The portfolio includes projects in Franklin, Jefferson, Chautauqua, Lewis, and other counties across Upstate New York.
Six of the nine projects are currently in the early stages of the Article 10 permitting application process.
The plants are expected to reach commercial operation between December 2022 and December 2023.
The company is also merging with AES Corporation’s US-based clean energy development business.
Since 2017, sPower has been jointly-owned by AES and Alberta Investment Management Corporation.
The AES-sPower transaction is expected to close in the next few months upon successful completion of customary closing conditions.
AES Clean Energy president Leo Moreno said: “Our merged renewables platform will bring together sPower and AES’ differentiated capabilities in solar, wind, and energy storage.
“Through this platform, we look to accelerate the transition to a carbon-free future, a vision we share with New York State.
“We are thrilled to further expand in New York and look forward to continuing to build a platform that is uniquely positioned to help the state realise its goal of 70 percent renewable energy by 2030.”
sPower senior manager of solar development Mike Farrell said: “We are actively working to develop this portfolio in a way that benefits communities and allows for their input throughout the process.
“As we move forward, we remain committed to local communities and developing the project portfolio in a way that is mutually beneficial.”