Plenitude to acquire two photovoltaic plants and a storage facility in the United States
London, January 16, 2025, (Oilandgaspress) –––Plenitude, through its US subsidiary Eni New Energy US Inc., has signed an agreement with EDP Renewables North America LLC (“EDPR NA”), to purchase a 49% equity stake in a portfolio of 2 operational photovoltaic plants and an electricity storage facility in construction located in the state of California, United States.
The Sandrini 100 (100MWac / 141MWdc) and Sandrini 200 (200MWac / 266MWdc) solar farms share the same grid connection infrastructure with the Sandrini BESS storage facility (368MWh). The three plants have a total installed capacity of about 499MWdc, of which 245MWdc corresponding to Plenitude share.
Closing of the transaction is subject to customary approvals required by law.
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