Doral Renewables has secured a Power Purchase Agreement for its 270 MWac Lambs Draw Solar Project in Decatur County, Kansas. Under this agreement, a leading U.S. corporation will purchase all of the facilityโs electricity output along with the associated Renewable Energy Credits. This milestone further strengthens Doral Renewablesโ growing portfolio of contracted energy projects across the United States. LevelTen Energy, a provider of clean energy procurement solutions, facilitated the transaction by connecting Doral Renewables with the buyer through its marketplace platform.
The Lambs Draw Solar Project, located within the Southwest Power Pool, reflects Doral Renewablesโ commitment to building strong local relationships. The company has engaged with local communities, including schools, cultural institutions, law enforcement, and first responders, and plans to expand this involvement as construction progresses. Cliff Williams, Vice President of Development at Doral Renewables and the lead developer for the project, expressed gratitude for the support from Decatur County officials, the Oberlin-Decatur County Economic Development, and the local Chamber of Commerce.
Construction of the Lambs Draw Solar Project is expected to be one of the largest energy investments in the region, creating hundreds of local and regional jobs. The project will involve partnerships with local businesses throughout the construction process, generating economic activity and contributing to Decatur Countyโs long-term growth.
Sean Boyle, Vice President of Markets at Doral Renewables, highlighted that the project demonstrates the companyโs ability to earn the trust of major corporate clients. He noted that the companyโs approach to project development, community engagement, and implementation of agrivoltaics practices resonates with both corporations and farmers, ensuring mutual benefits for all stakeholders.
With this agreement, Doral Renewablesโ contracted energy generation reaches nearly 2 GW. The announcement comes after a strong year for the Philadelphia-based company, which included a $1.5 billion project debt financial close, the start of construction on the remaining 900 MW of its Mammoth Solar project in Indiana, a tax equity financing for the Great Bend Solar project in Ohio, an incremental $100 million corporate letter of credit facility, and an offtake agreement for the Cold Creek Solar project in Texas.
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