Osaka Gas USA Corp. is expanding its solar footprint in North America, having agreed to purchase a 350-megawatt solar project in Texas from European Energy subsidiary EE North America.
The sale is part of EE North America’s long-term growth strategy as the company works to become a “leading global force in promoting the green transition,” EE North America CEO Lorena Ciciriello said in a news release May 16.
Osaka, which focuses on power generation as well as LNG liquefaction and shale gas development, will take over development the solar project. It is expected to start operations in 2025, according to the news release.
“We hope to expand this longstanding relationship through future collaboration and contribute to the decarbonization of the U.S. power grid,” Osaka Gas USA CEO Sunao Okamoto said.
Financial details were not disclosed.
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