Doral Renewables LLC purchased Brenneman Solar project from AVANGRID inc. The project is a nominal 150-MW AC utility-scale solar photovoltaic project in Macon County.
The project, which is located in the Southeastern Electric Reliability Council’s (SERC) energy markets, has secured over 1,600 acres of land under long term leases from local landowners. A signed interconnection agreement has also been signed with Georgia Power.
“Brenneman is Doral’s first project outside PJM and MISO. We are excited to expand our footprint and diversify our geographical and market exposure,” says Ignacio Ibarguren, vice president of M&A and finance at Doral. “Going forward, Doral aims to further expand its presence outside its ‘home markets’ through organic growth and/or acquisition of solar, wind, and storage development projects in ERCOT, CAISO and the Northeast.”
“Doral is thrilled to finish the work started by Avangrid by constructing and operating the Brenneman project,” states Jon Baker, director of project and business development at Doral. “When completed, the project will provide important income stability and diversification to the local farming community. The project will also benefit all residents by providing $3 million in direct payments for Macon County within the first ten years of operation. This is without the County requiring any additional services. During construction, the project will pay tens of millions in wages and other local purchases.”
Image: Photo by Derek Sutton at Unsplash