2023-09-20 09:56:51 ET
- New Energy Equity, an Allete ( NYSE: ALE ) company, Wednesday announced the sale of a nine-project, 15-megawatt (MW) community solar portfolio in Minnesota to DSD Renewables.
- The 100% residential-offtake portfolio is estimated to generate more than 20,000 total megawatt hours annually, delivering power to 900 subscribers.
- Construction is already underway on four projects and is slated to start at the remaining five sites by the end of 2023, while completion of the entire portfolio is expected by 2024, New Energy Equity added.
- Source: Press Release
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Allete's New Energy Equity announced sale of 15MW community solar portfolio in Minnesota