EE North America – a subsidiary of the Danish renewable energy company European Energy – has bought a majority stake in 2 solar projects with a combined capacity of 700MW in Colorado.
The proposed projects are:
Sandy Hill Solar
Sand Dune Solar
The projects being pursued in a JV with UK-based Horus Energy will be interconnected with the Public Service of Colorado (PSCO) network.
The solar farms are expected to start construction in 2025.
Lorena Ciciriello, chief executive of EE North America, said: “This opportunity marks the entry into the Colorado market where we will build upon the area's clean energy resources while also creating new American jobs and ensuring local communities benefit for generations to come.”
EE North America is targeting 10GW of renewable energy in the US by 2026. The acquisition will bolster the RE developer's existing solar pipeline, bringing it to a total of 2.5GW across Texas, Arizona, New Mexico and Colorado.
Horus Energy has developed solar PV projects over the past 12 years in North America, the UK and Europe.