Vesper Energy Completes Sale Of Deer Creek Project
Vesper Energy has sold its Deer Creek Renewable Energy project to what the company calls a leading Fortune 500 energy
Solar Industry 12:36 pm on May 9, 2024
Vesper Energy has sold its Deer Creek project, comprising 378 acres with a 50 MW solar and 50 MW energy storage potential in California. This sale highlights Vesper Energy's growth as an industry player in key renewable markets.
- Project Sale:
- Deer Creek Project Details: 378 acres, 50 MW solar & storage capacity.
- Industry Implication: Demonstrates Vesper's expansion in renewable energy markets.
- Sale Announcement: Mark Rostafin, co-CEO of Vesper Energy, comments on the company's momentum post-sale.
- Geographical Significance: The project is located in California, a leading market for renewable energy.
- Key Highlight:
- Deer Creek Renewable Energy Project Sale: Vesper Energy sells a 378-acre site in Tulare County, California with solar and storage facilities.
- Solar Capacity: The project includes 50 MW of installed solar energy capacity.
- Storage Capacity: Complements solar with an equal 50 MW in storage capacity.
- Market Implication: This transaction demonstrates Vesper Energy's leadership and growth within the renewable energy industry, particularly in a key market like California.
- Stakeholder Commentary: Mark Rostafin emphasizes excitement over project sale as evidence of Vesper's expansion opportunities ahead.
https://solarindustrymag.com/vesper-energy-completes-sale-of-deer-creek-project