Vesper Energy, a developer, owner and operator of utility-scale renewable-energy assets, has sold its Deer Creek Renewable Energy project to a major Fortune 500 energy company. Financial terms were not disclosed.
Deer Creek Renewable Energy is a solar and storage project located on 378 acres in Tulare County, Calif., with a potential generating capacity of up to 50 megawatts ac solar and up to 50 megawatts of energy-storage capacity.
“We are excited about the sale of the Deer Creek Renewable Energy project, which showcases Vesper Energy's strong growth and development portfolio in key renewable-energy markets like California,” said Mark Rostafin, co-CEO at Vesper Energy. “We look forward to building on this momentum as we enter a new phase of growth.”
The Deer Creek Renewable Energy project sale supports Vesper's mission to use technology and strategic partnerships to advance clean-energy infrastructure across the United States. Vesper Energy has two add
