BayWa r.e. has completed the sale of three solar projects totaling 517 MWDC to a leading privately held renewable Independent Power Producer (IPP). These projects, located in the territories of two major U.S. grid operators—PJM Interconnection (PJM) and Midcontinent Independent System Operator (MISO)—mark a significant milestone in expanding renewable energy capacity across the U.S. grid. The portfolio is expected to reach commercial operation by the end of 2025.
This transaction, finalized in October, underscores the growing momentum for renewable energy infrastructure. Beyond contributing to clean energy goals, the projects are driving local economic benefits, supporting businesses and service providers during construction, creating jobs, and generating long-term tax revenue in their host communities. “We are pleased to complete the largest portfolio sale in the history of the BayWa r.e. Group, and to strengthen the American energy grid with renewable energy”, said Fred Robinson, CEO at BayWa r.e. Americas. “This transaction reaffirms our strategy in identifying high-quality projects in key markets. We look forward to further expanding our pipeline to meet the rapid demand growth in the US.”
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