Ameren Missouri, a subsidiary of Ameren Corporation, agreed with EDF Renewables North America, a subsidiary of EDF Renewables, an independent renewable energy power producer, to acquire the 200 MW (AC)/270 MW (DC) Huck Finn Solar project in the US.
The project is part of Ameren Missouri’s plan to add 2,800 MW of renewable generation by 2030. The project is expected to generate more than $14 million in revenue for the local communities in both Audrain and Ralls Counties. The projects are expected to come online in 2024.
“The facility is a step-change for solar generation in Missouri and is designed to generate more than 25 times the amount of energy of Missouri’s largest existing solar facility. With timely regulatory approvals, the project could begin generating clean energy as soon as 2024,” said Mark Birk, Chairman and President of Ameren Missouri.
The electricity generated from the project is enough to meet the electricity consumption of approximately 40,000 homes. This project helps Ameren Missouri meet its goal of net-zero carbon emissions by 2045 and provides clean energy to help customers meet their clean energy goals.
“In the coming months, we anticipate taking more steps to demonstrate Ameren Missouri’s commitment to clean energy generation,” said Ajay Arora, chief renewable development officer at Ameren Missouri.
Recently, German electric utility EnBW agreed to acquire pre-developed 400 MW of solar projects in Brandenburg from Procon Solar. The agreement includes an option for EnBW to acquire a further 400 MW. The contracts cover solar projects at various stages of development and will be undertaken in two phases. The solar projects, which are in the advanced stages of development with a capacity of around 400 MW, will be transferred to EnBW in July.
Large-scale solar project acquisition activity remained strong, with over 23 GW of solar projects acquired in Q1 2022 compared to 13.1 GW in Q4 2021, according to Mercom’s Q1 2022 solar funding and M&A report.