Eni New Energy US Inc acquires solar plant in Texas from BayWa r.e.
Eni gas e luce – Plenitude, through its US based controlled entity Eni New Energy US Inc, today expands its portfolio of renewable capacity in the United States through the acquisition of a portfolio of two assets in Texas for additional 466 MW, developed by global renewable energy developer BayWa r.e.
Novis Renewables LLC, the exclusive US-based partnership between Eni New Energy US Inc and Falck Renewables for the developments of solar, wind and storage projects, led the two transactions for Eni New Energy US, Inc.
Eni New Energy US Inc. acquired around 266 MW Corazon I Solar plant, located in Webb County, Texas (US), which is equipped with bifacial PV modules and one axis tracker, and began operations in August 2021. It will produce more than 500 GWh each year, equivalent to eliminating over 250kt of CO2 emissions annually into the atmosphere.
In the same location, Eni New Energy US Inc also acquired around 200 MW/400 MWh Guajillo storage project, which is in its advanced stage of development and is expected to reach an operational stage before the end of 2023. The Guajillo storage project will use the same interconnection facilities as Corazon I and will support the local network by storing energy when renewable generation is high and delivering it during periods of peak consumption.
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