La Salle Solar — 670 MWdc (512.6 MWac) utility-scale solar PV, La Salle County, Texas (ERCOT); Arava Power acquires 50% interest from OCI Energy via membership interest purchase agreement
Israeli developer Arava Power agreed to acquire 50% of the 670 MWdc La Salle Solar project from Texas-based OCI Energy via an executed MIPA; the partners will jointly finance, build, own and operate. Third collaboration between the two firms and the largest single-site project for either. Powers roughly 100,000 homes; groundbreaking targeted by year-end 2026, COD 2028.
670MW
Capacity
Solar
Technology
TX
Location
Deal Details
- Deal Type
- Project & Portfolio M&A
- Seller / Sponsor
- OCI Energy
- Buyer / Financier
- Arava Power
- Deal Value
- Undisclosed
- Stage
- Development
- ISO/RTO
- ERCOT
- Source
- PR Newswire / OCI Energy
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