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20MW renewable portfolio breaks ground in North Carolina
Transactions - JUNE 3, 2022

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20MW renewable portfolio breaks ground in North Carolina

by Released

Renewable Properties and United Renewable Energy (URE) have begun construction on three North Carolina projects totaling 20 megawatts.

Renewable Properties will finance and own the projects and has selected United Renewable Energy to complete the engineering, procurement, and construction.

The projects, which span the state of North Carolina, were acquired from Cypress Creek Renewables, which completed their initial development. Two are in Columbus County and one in Rockingham County. Cypress Creek will continue involvement in these projects by providing operations and maintenance services through its top-ranked O&M division. All three projects are expected to be completed and deliver energy by the fall.

This portfolio of projects will add to Renewable Properties’ operating fleet in the Carolinas with additional plans to announce more North Carolina projects soon, as well as additions to their growing pipeline of projects throughout the United States.

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