OCI Energy and Arava Power sign agreement for 670 MWdc Texas solar project
OCI Energy andArava Power have signed a membership interest purchase agreement (MIPA) for the 670 MWdc La Salle Solar project. The project is located in La Salle County, Texas. Under the agreement, Arava Power will acquire a 50 per cent stake in the project, with both companies jointly financing, constructing, owning, and operating the plant. The agreement marks the third collaboration between the two companies in the Texas renewable energy market.
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