- Sol Systems has announced the acquisition of a 190MW solar development project in Texas.
- The project will generate enough clean electricity to power over 100,000 homes annually.
Washington, D.C.-based Sol Systems, LLC has announced the acquisition of a 190MW solar development project in Uvalde County, Texas, from Madrid-based ABEI Energy.
Sol Systems acquired the project as part of its expanding Infrastructure and Impact business. ABEI Energy will continue to support Sol Systems during pre-construction development.
The Chief Development Officer at Sol Systems, Mak Nagle, said, “This acquisition builds on Sol Systems’ growing footprint in Texas and is part of a strategic effort to grow our national infrastructure platform. We are excited to expand access to clean energy and create new opportunities through the project’s lifetime.”
Sol Systems will construct, own, and operate the project, generating enough clean electricity to power over 100,000 homes annually.
The project will bring millions of dollars in clean energy investment to the local community, create job opportunities, and drive economic growth in the county and the surrounding area.