Cleco Power and U.S. renewable-energy producer D.E. Shaw Renewable Investments (DESRI) have signed a long-term renewable energy offtake agreement in Louisiana.
The Dolet Hills Solar Project includes a 240-megawatt AC facility to be constructed at the recently retired Dolet Hills lignite-fired power plant in DeSoto Parish, La. Following approvals, Dolet Hills will boast one of the largest solar facilities in Louisiana and will represent more than $250 million invested toward powering approximately 45,000 homes
The Dolet Hills Solar Project supports Cleco's growing renewable-energy fleet, and brings DESRI's portfolio in Louisiana to nearly 700 megawatts ac in construction and contracted clean power projects.
Dolet Hills Solar is the first power-purchase agreement between the two companies.