CPS Energy reached an agreement with Kenlov Ashtrom to buy power from the 400 MW Tierra Bonita solar farm under development in Texas.
Kenlov Ashtrom says the 20-year PPA covers 60% – or 235 MWdc – of the output of the utility-scale solar project. The off-taker, CPS Energy, is one of the largest municipal electric utilities in the U.S. and supplies power to 900,000 residents in San Antonio.
Tierra Bonita is a 2,200-acre site in Pecos County, Texas, originally developed by Kenlov Ashtrom partner OnPeak Power. Kenlov Ashtrom said the project has already secured land rights and grid connection approval.
Construction is expected to begin in the second quarter of 2023, with commercial operation at the end of 2024.
In December 2021 Ashtom and Kenlov announced a plan to buy four U.S. solar projects from OnPeak Power. The projects had a combined planned capacity of about 1.1 GW.
Ashtom, an Israeli-based construction company, and Kenlov, an independent power producer also based in Israel and focused on renewables and storage projects, want to expand their U.S. portfolio. The partners have an agreement to develop, finance and construct utility-scale projects.
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