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UGE Solar Project Portfolio Acquisition

Sector: Power Generation (CCGT) • Location: New York and others, United States

Source: CBS 4 News

Project
Under Development

UGE International Inc. has acquired the rights to a portfolio of 122 ground-mount solar projects from OYA Renewables. The portfolio includes ten late-stage development solar projects in New York state totaling approximately 60MWdc, all with existing utility interconnection agreements, and 2.35GW of early-stage development solar projects across 14 states. UGE is reviewing the feasibility of these p

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The project “UGE Solar Project Portfolio Acquisition” is an infrastructure initiative in the Power Generation (CCGT) sector, located in New York and others, United States. Taiyo aggregates data on it from CBS 4 News.

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Description

Description

UGE International Inc. has acquired the rights to a portfolio of 122 ground-mount solar projects from OYA Renewables. The portfolio includes ten late-stage development solar projects in New York state totaling approximately 60MWdc, all with existing utility interconnection agreements, and 2.35GW of early-stage development solar projects across 14 states. UGE is reviewing the feasibility of these projects and actively developing the late-stage projects towards their NTP milestones, expected within 12 months. Discussions are ongoing for potential sale or co-development of utility-scale assets, while distributed-scale projects will be developed for UGE's portfolio.

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