High-rise commercial buildings

Sub Markets

Property Sectors

Topics

Texas CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Texas  | 

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.

For comments, questions or concerns, please contact Paul Bubny

Connect

Inside The Story

Connect With Diode Ventures

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Development
  • ◦Sale/Acquisition