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CHICAGO, May 21, 2021 /PRNewswire/ Hecate Energy announced today that construction has commenced on two solar projects totaling 600 megawatts. In Falls County, Texas, Hecate developed the solar and battery storage project, Roseland Solar, from inception and transferred it to the North American subsidiary of a European utility in March. In Highland County, Ohio, Hecate developed the New Market Solar project and transferred it to Canadian utility Algonquin Power & Utilities in May. Construction has started at both projects. The announcement follows last week s announcement that global energy company Repsol acquired a 40% interest in Chicago-based Hecate Energy.
Biden sigue sin llamar a Sánchez pero las empresas españolas hacen su agosto lainformacion.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lainformacion.com Daily Mail and Mail on Sunday newspapers.
Repsol SA (REP.MC) has struck a deal to buy a stake in Hecate Energy to give the Spanish energy company a platform to expand in the growing U.S. renewable energy market, three people familiar with the matter said.
UPDATE 1-Spain s Repsol invests in U.S. renewables developer Hecate Reuters 1 hr ago
(Adds detail, company confirmation)
By Isla Binnie and David French
MADRID/NEW YORK, May 12 (Reuters) - Spanish oil and gas company Repsol has struck a deal to buy a stake in Hecate Energy to gain a platform to expand in the growing U.S. renewable energy market, it said on Thursday, confirming an earlier Reuters report.
Repsol will buy 40% of the Chicago-based business, which is one of the largest privately owned developers and operators of solar power plants in the United States.
No financial details were given, but a source familiar with the matter told Reuters on Wednesday that Repsol would pay a few hundred million dollars . It has the option to buy the rest three years after the deal closes.
Spain s Repsol to invest in U S renewable energy developer Hecate - sources reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.