HA Sustainable Infrastructure Capital, Inc., an investor in sustainable infrastructure assets, and Ørsted, a global clean energy company, has announced the closing of a series of land transactions with HASI, encompassing approximately 6,600 acres across Ørsted’s Eleven Mile Solar Center in Pinal County, Ariz.; Sparta Solar project in Bee County, Texas; and Muscle Shoals Solar project in Colbert County, Ala.
Ørsted and its partners will continue to own and operate the projects, which are operational and hold long-term, investment-grade power-purchase agreements (PPAs). Collectively, the three solar and battery projects represent approximately 1 gigawatt of operational renewable capacity.
HASI has provided land financings across 6 gigawatts of solar and storage projects in the past year, bringing its total land investment to more than 24 gigawatts.
"By partnering with HASI, a leading sustainable infrastructure investor, we're able to optimize our capital posi
