Duke Energy Renewables, a subsidiary of Duke Energy is acquiring the 200-megawatt (MWac) / 266-megawatt peak (MWp) Rambler solar project from Recurrent Energy, a wholly-owned subsidiary of Canadian Solar Inc. ("Canadian Solar")

The project will be located in Tom Green County, Texas and is expected to achieve commercial operation in mid-2020.

The energy generated from the Rambler solar project will be sold to a customer under a 15-year agreement.

The Rambler solar project, which is the fifth acquisition by Duke Energy Renewables this year, will be the company's fourth solar generation facility in Texas.

Tags:
Texas   M&A   Duke Energy Renewables  

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