Aggreko’s Power Transition Options (Aggreko ETS) has acquired a portfolio of 9 New York neighborhood photo voltaic tasks.
The installations are set to whole roughly 59 MW of producing capability when development is full, says the corporate. Together with the acquisition’s closing, Aggreko ETS has linked the primary of the 9 tasks to the grid, a 5.9 MW mission within the city of Vernon.
Aggreko ETS is now overseeing the development of the neighborhood photo voltaic tasks to make sure they attain commercialization and grid connectivity inside the subsequent 12 months. The chance to accumulate the tasks on a bilateral foundation was made potential via Aggreko ETS’s present relationships with the vendor, engineering, procurement and development supplier, in addition to its financing events.
“We’re thrilled to finish this essential transaction, which reinforces Aggreko’s capabilities as an skilled renewable vitality developer, proprietor, and operator that may deftly construction and execute sophisticated asset acquisitions to scale its enterprise,” says Prashanth Prakash, Aggreko ETS’s CCO.
“The acquisition of those tasks strategically helps the expansion of Aggreko ETS’ neighborhood photo voltaic section, which features a complementary portfolio of property below improvement in New York and a number of other different states,” provides Jerry Polacek, Aggreko ETS president.
