Longroad Energy, a U.S. renewable-energy developer, owner and operator, has sold its 108-megawatt DC Foxhound solar project, located in Halifax County, Va., to Dominion Energy. Financial terms were not disclosed.
Foxhound has reached full notice to proceed and has begun construction. The project has been in development for six years and will produce enough clean energy to power more than 17,000 homes.
Financial close of the Foxhound acquisition is expected upon mechanical completion of the project, which is anticipated for January 2024.
“Foxhound marks Longroad's first solar project in Virginia and our first greenfield development project in PJM,” said Paul Gaynor, CEO of Longroad Energy. “We are pleased that Dominion Energy will be acquiring Foxhound to help support the sustainability goals of its key customers and renewable-energy objectives set out in the Virginia Clean Economy Act.”
