PRZOOM - /newswire/ -
Chicago, IL, United States, 2015/09/22 - Invenergy Clean Power, LLC announced a buildtransfer agreement to construct and sell its Morgans Corner Solar facility in North Carolina to Dominion, one of the nation’s largest producers and transporters of energy - InvenergyLLC.com.
Invenergy Clean Power, LLC (“Invenergy”) today announced a buildtransfer agreement to construct and sell its Morgans Corner Solar facility in North Carolina to Dominion, one of the nation’s largest producers and transporters of energy. The 20 MW facility located in Pasquotank County is Invenergy’s first project in the state and proceeds from the transfer will be used for continued expansion of Invenergy’s business of investing in development activities across North America.
“We have seen significant growth in the demand for solar energy, and the Morgans Corner project demonstrates Invenergy’s ability to develop and construct utility-scale solar facilities that provide
long-term, clean renewable energy,” said Invenergy’s EVP and Chief Development Officer Jim Shield. “We’re pleased Dominion wants to take ownership of this great project and we look forward to exploring additional opportunities to work with them in the future.”
Invenergy’s first operational solar project was the 20 MW Grand Ridge Solar farm, located adjacent to the Grand Ridge Wind project in La Salle County, Illinois. The company has a pipeline of more than 3,500 MW solar projects in various stages of development across the U.S. and Canada with a focus on accommodating utility companies as well as commercial and industrial clients.
Invenergy and its affiliated companies develop, own, and operate large-scale renewable and other clean energy generation and storage facilities in North America and Europe. Invenergy (invenergyllc.com) is committed to continued innovation in clean power solutions. Invenergy's home office is located in Chicago and it has regional development offices in the United States, Canada, Mexico, Japan, and Europe. Invenergy and its affiliated companies have developed more than 9,100 MW of projects that are in operation, in construction, or under contract, including 76 wind, solar, and natural gas-fueled power generation projects and energy storage facilities.