Buckeye Partners to Acquire Solar Development Project in Texas

The acquired project, located south of Dallas, adds solar generation capacity to Buckeye’s existing renewable energy portfolio and positions the company to “meaningfully participate in the energy transition,” Buckeye Partners says.

Hart Energy Staff
Buckeye Partners to Acquire Solar Development Project in Texas

Buckeye Partners will acquire the solar project under development in Hill County, Texas, from Dallas-based Belltown Power Texas. (Source: Shutterstock.com)

Buckeye Partners LP agreed to acquire a solar development project located south of Dallas, which the Houston-based midstream company said illustrates its focus on investing in the energy transition.

“Buckeye is focused on being an integral part of the next phase of the energy evolution, and investments like this—along with several other recently announced strategic investments in critical renewable and low-carbon opportunities—demonstrate our commitment to responsibly serving our customers’ needs while reinforcing our business’ long-term resiliency,” commented Buckeye President and CEO Clark C. Smith in a release announcing the deal on July 29.

Buckeye will acquire the solar project under development in Hill County, Texas, from Dallas-based Belltown Power Texas LLC. Terms of the transaction weren’t disclosed.

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