BluEarth buys some 1 GW of wind, solar projects in US

March 22 (Renewables Now) - Canadian independent power producer (IPP) BluEarth Renewables Inc said on Wednesday that it has acquired a portfolio of around 1 GW containing seven wind and solar development projects located in Washington, Oregon, Ohio, and Oklahoma.

US developer Ozone Renewables LLC originated the projects and sold them for an undisclosed price in its second transaction with BluEarth.

With the new package, BluEarth now has 7 GW of wind, solar, and storage projects in its development pipeline, the IPP said.

Pivot Power Management will develop the acquired projects under a development services agreement with BluEarth.

Last year, BluEarth acquired 2 GW of development projects located in Pennsylvania, Missouri, Ohio, Colorado, and Nevada, on top of various greenfield projects. The company now has close to 200 MW of projects under construction in Alberta and expects to start building the 280-MW Two Rivers wind farm in Wyoming in 2023, it added.