Construction begins on 20-MW North Carolina solar portfolio
Renewable Properties and United Renewable Energy (URE) have begun construction of three solar projects in North Carolina totaling 20 MW. Renewable Properties will finance and own the projects and have selected United Renewable Energy to complete the engineering, procurement and construction.
The projects were acquired from Cypress Creek Renewables, which completed their initial development. Two are in Columbus County and one in Rockingham County. Cypress Creek will continue to be involved in these projects by providing operational and maintenance services through its O&M division. All three projects are expected to be completed this fall and provide energy.
“With the solar energy market filled with uncertainty over rising construction costs and potential rates, it’s great to be working with EPC partners like URE who are willing to go the extra mile to get the job done,” said Aaron Halimi, Founder and president of Renewable Properties.
This portfolio of projects will be added to Renewable Properties’ operational fleet in the Carolinas, with additional plans to announce more projects in North Carolina soon.
“Cypress Creek Renewables has developed hundreds of solar projects in the state of North Carolina and is proud to have a home base in the state,” said Sarah Slusser, CEO of Cypress Creek Renewables. “We have invested heavily in the continued success of projects that build a more sustainable future in North Carolina and beyond. It has been great to work with Renewable Properties and their team to get these projects across the finish line.”
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