Innovative Solar 46
Innovative Solar 46, a 78.5 MW solar farm in Cumberland County, North Carolina, sells power to Duke Energy Progress under a 15-year power purchase agreement.
78.5MW
Capacity
Solar
Technology
NC
Location
Deal Details
- Deal Type
- Utility PPA
- Seller / Sponsor
- Cypress Creek Renewables
- Buyer / Financier
- Duke Energy Progress
- Offtaker
- Duke Energy Progress
- Deal Value
- Undisclosed
- Stage
- operating
- Source
- Cypress Creek Renewables
Related Deals
Buckleberry Solar — Solar project, NC (CPLE). MW not publicly disclosed.
Buckleberry Solar, LLC → Duke Energy Progress, LLC
Cypress Creek Renewables — $200M preferred equity (10% warrant)
Cypress Creek Renewables
$200M (Temasek-led; 10% warrants)
Cypress Creek Renewables — integrated US solar IPP/developer (~12 GW pipeline)
HPS Investment Partners; Temasek → EQT Infrastructure V
1,500 MW
Summit Farms Solar — 60 MW solar, Currituck County, North Carolina (Duke)
Dominion Energy → MIT (consortium with Boston Medical Center + Post Office Square Redev)
Fern Solar (Starbucks) — 46 MW solar, NC (PJM)
BayWa r.e. → Starbucks
Amazon Wind Farm Texas / Dermott Wind — 253 MW onshore wind, Scurry County, Texas (ERCOT). Original PPA signed Sept 2015 with Lincoln Clean Energy; LCE acquired by Ørsted Aug 2018. Project COD October 19, 2017.
Lincoln Clean Energy (acquired by Ørsted Aug 2018) → Amazon
Leadership at the Counterparties
Recent executive moves at the firms named in this deal.
Get deals like this in your inbox
Free weekly clean energy deal intelligence. Every Monday.