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Posted on 144 Candela Renewables today announced a partnership with Naturgy Energy Group, a multinational energy company based in Spain, which includes the acquisition of a development pipeline of 3.2 GW utility scale solar projects and 2 GW of co-located energy storage projects. This pipeline includes 340 MWAC of solar and 50 MWAC / 200 MWh of co-located storage with executed or awarded PPAs across 3 projects and an additional 260 MWAC shortlisted or in bilateral negotiations. Prior to the transaction, Candela had been developing projects for this pipeline for 2.5 years. The partnership between Candela and Naturgy includes the formation of a new entity to own the pipeline and the execution of a five-year Development Services Agreement for Candela to continue developing the projects across the U.S., bringing Naturgy’s over 175 years of expertise and multinational scale to the U.S. renewable energy space.

United statesSarah ohlsonDevelopment services agreement for candelaCandela renewablesNaturgy energy groupDevelopment services agreementFirst solarஒன்றுபட்டது மாநிலங்களில்மெழுகுவர்த்தி புதுப்பிக்கத்தக்கவைமுதல் சூரிய