R.Power completes Romanian solar plant as Octopus and energyRe advance UK and US projects
R.Power finished building a 55 MWp solar project in Satu Mare County, Romania, expected to produce about 70 GWh annually and supported by a 15-year contract for difference. Octopus Renewables Infrastructure Trust agreed to buy the 55 MWp Barnsdale Solar Park in West Yorkshire for about £34.6 million, subject to conditions. energyRe closed $815 million in financing for five utility-scale solar projects in South Carolina totaling roughly 360 MW, backed by 25-year power purchase agreements.
R.Power's Lazuri plant in Satu Mare County uses 88,708 panels and six medium-voltage stations. It is expected to generate about 70 GWh yearly, enough for over 44,000 homes, with grid connection planned before 2027. The project sits within a 75 MWp four-site portfolio financed by a €44 million facility from ING and UniCredit; R.Power's Romanian pipeline is about 1.5 GW.
Octopus Renewables Infrastructure Trust conditionally agreed to buy the 55 MWp Barnsdale Solar Park in West Yorkshire from OnPath Energy for roughly £34.6 million, including remaining construction costs. Goldbeck Solar is building it; it may supply about 19,000 households and holds an inflation-linked CfD through 2041. energyRe secured $815 million for five South Carolina solar farms totaling about 360 MW, supported by 25-year PPAs and lenders including Bank of America, CIBC and Santander.
Count words? First para: R.Power's(1) Lazuri2 plant3 in4 Satu5 Mare6 County7 uses8 88,7089 panels10 and11 six12 medium-voltage13 stations14. It15 is16 expected17 to18 generate19 about20 70 21 GWh22 yearly23, enough24 for25 over26 44,00027 homes28, with29 grid30 connection31 planned32 before33 2027.34 The35 project36 sits37 within38 a39 75 40 MWp41 four-site42 portfolio43 financed44 by45 a46 €44 47 million48 facility49 from50 ING51 and52 UniCredit53; R.Power's54 Romanian55 pipeline56 is57 about58 1.5 59 GW60. First 60. Second: Octopus1 Renewables2 Infrastructure3 Trust4 conditionally5 agreed6 to7 buy8 the9 55 10 MWp11 Barnsd