Microsoft-Volt Energy Utility Environmental Justice Framework — 250 MW utility-scale solar, multi-site
Microsoft's first utility-scale solar PPA with an African-American owned developer (Volt Energy Utility). 250 MW framework signed July 2021. First named project: Wheatsborough Solar (125 MW) in Erie County OH. PPA price not disclosed publicly; will be imputed from regional comparables. Discovered via DealFlow research sweep (agent: 2020-2021-gapfill).
Deal Value
250MW
Capacity
Solar
Technology
OH
Location
Deal Details
- Deal Type
- Corporate PPA
- Seller / Sponsor
- Volt Energy Utility / Apex Clean Energy
- Buyer / Financier
- Microsoft
- Offtaker
- Microsoft
- Stage
- Operating
- ISO/RTO
- PJM
- Source
- Solar Power World Online
Related Deals
Pleinmont I Solar — 157.5 MW solar, Spotsylvania County, Virginia (PJM)
sPower (AES/AIMCo) → Microsoft
Pleinmont II Solar — 157.5 MW solar, Spotsylvania County, Virginia (PJM)
sPower (AES/AIMCo) → Microsoft
Spotsylvania Solar Energy Center — 620 MWdc (largest solar east of the Rockies)
sPower (AES/AIMCo subsidiary) → Microsoft, Apple, Akamai, University of Richmond
$1B+ project cost (2020 financing)
First Solar Ohio facility expansion — +0.9 GWdc capacity
First Solar, Inc. → First Solar internal capital
$185M
Big Plain Solar, LLC — Solar project, OH (PJM), 196 MW, COD 2023.
Corporate
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
Get deals like this in your inbox
Free weekly clean energy deal intelligence. Every Monday.