Plenitude's Golden Buckle Solar Project is located in Brazoria County, TX, about 80 km south of Houston. (Source: Shutterstock)
Eni’s Plenitude has begun production at its 263 megawatt (MW) Golden Buckle Solar Project in Brazoria County, TX, 80 km south of Houston, Eni announced in a Feb. 3 press release.
The photovoltaic plant will produce 400 gigawatt-hour (GWh) to 500 GWh per year of solar energy, which is enough to power 45,000 homes. Most of the energy the plant produces will be sold to Target Corp. through a long-term contract.
Built in just over a year, its development was supported by Novis Renewables LLC, a joint partnership between Eni New Energy U.S. Inc. and Renantis North America Inc. Novis Renewables is exclusive to the U.S. and supports solar, wind and storage projects.
Eni is an integrated global energy company headquartered in Rome, Italy. Plenitude is Eni’s benefit corporation and integrates the production and sale of renewable energy with a network of electric vehicle charging stations.
The Golden Buckle Solar Project is part of the company’s plans to exceed 15 GW of installed capacity by 2030 and achieve carbon neutrality by 2040.
Recommended Reading
Energy A&D Transactions from the Week of Jan. 25, 2023
2023-01-25 - Here’s a snapshot of recent energy deals including Chesapeake Energy’s $1.4 billion deal to sell Eagle Ford Shale acreage in the Brazos Valley region to WildFire Energy, and Matador Resource’s $1.6 billion bolt-on acquisition in the northern Delaware Basin.
Energy A&D Transactions from the Week of Jan. 4, 2023
2023-01-04 - Here’s a snapshot of recent energy deals including Marathon's $3 billion Eagle Ford acquisition and Targa Resources Corp. deal to buy the remaining stake in the Grand Prix NGL Pipeline.
Energy A&D Transactions from the Week of Feb. 1, 2023
2023-02-01 - Here’s a snapshot of recent energy deals including Diamondback Energy completing its $1.55 billion deal to acquire Midland Basin acreage and E&P Arena Energy LLC closing its acquisition of Cox Operating LLC's interests in the Eugene Island 330 and South Marsh 128 oil blocks.
Marketed: Anschutz Exploration Corp $9 Million Non-op Working Interests
2023-01-24 - Anschutz Exploration Corp. exclusively retained Eagle River Energy Advisors LLC to divest certain wellbore only, non-operated working interests that generate $9 million annualized cash flow from 430 boe/d of net production in the Powder River Basin of Wyoming.
Marketed: Lone Oaks Minerals West Virginia 13-Well Package
2023-01-27 - Lone Oak Minerals retained EnergyNet for the sale of a RI and NPRI 13-well package located in Wetzel County, W.V.