Linea Energy, a energy company, has recently completed the acquisition of a 490MWdc solar project in Texas from Horus Energy. This project is expected to generate a substantial amount of clean energy, equivalent to powering more than 63,000 homes. Furthermore, it will create numerous local job opportunities during both the construction and operation phases.
One notable aspect of Linea Energy's approach is its exploration of utilizing domestic equipment for the project. This demonstrates the company's commitment to supporting local industries and economies, showcasing their interest in fostering regional growth.
Linea Energy's chief executive, Cassidy DeLine, expressed enthusiasm about the partnership with Horus Energy and the project's potential. She stated, “We are thrilled to partner with Horus Energy on this exciting project, which will bring approximately 900GWh per year of renewable energy to the Houston area and marks our entry into the Texas market. Despite recent legislative challenges to the renewable energy sector in Texas, we expect the state to remain a vanguard of smart renewable policy that brings costs to consumers down, drives investment in the state, and ensures the lights stay on. This acquisition is an important milestone for our company, as it significantly contributes to our goal of a robust development pipeline while also creating local jobs and fostering economic growth in the region.”
Horus Energy's chief executive, Stefano Romanin, expressed satisfaction with the partnership and the significance of the acquisition. He stated, “We are pleased to be partnering with Linea Energy on this significant acquisition, which is a testament to Horus Energy's expertise and leadership in the renewable energy sector. This collaboration highlights our strong capabilities as an excellent solar developer, committed to delivering high-quality projects that drive positive environmental and economic impact. We are proud of the Duffy project and the clean energy it will bring to the Houston area, showcasing our dedication to building a sustainable future.”
Overall, Linea Energy's acquisition of the 490MWdc solar project in Texas from Horus Energy represents a significant step towards their goal of a robust development pipeline. It also emphasizes their commitment to creating local jobs, supporting the local economy, and delivering clean energy to the Houston area.
