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240-MW Solar Project Trades to ACCIONA
Renewable energy leader ACCIONA has acquired 100% of Diode Ventures’ 240-megawatt (MW) solar project in development in Fort Bend County. Terms weren’t disclosed.
With three wind power projects in Cameron County, the Fort Bend project represents ACCIONA’s fourth investment in Texas, and its first solar photovoltaic project in the state. When operational, Fort Bend will give the company more than 750 MWs of renewable capacity in Texas.
Diode bought the Fort Bend Solar project from Lendlease in 2018. “With solar power continuing to surge in demand as a cleaner, greener provider of electricity, we’re pleased to see this ambitious project advance closer to becoming a reality,” said Brad Hardin, Diode Ventures’ president.
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