EDF Renewables North America and Enbridge Announce Commercial Operation of Fox Squirrel Solar

Rhea-AI Summary

EDF Renewables North America and Enbridge Inc (TSX: ENB) (NYSE: ENB) announced that the Amazon Solar Farm Ohio - Fox Squirrel Solar project achieved full operational status in December 2024. The ground-mounted solar facility, with a total capacity of 577 MWac/749 MWdc, is one of the largest utility-scale solar developments east of the Mississippi River.

The project, located in Madison County, features 1.4 million panels and 159 inverters, making it EDF Renewables' largest onshore renewable energy project in North America. During peak construction, approximately 650 workers installed about 10,000 panels daily, totaling nearly 1.5 million work hours. The project was completed in three phases between December 2023 and December 2024.

The full generation capacity will be delivered to Amazon through power purchase agreements, supporting Amazon's Climate Pledge commitment and Ohio's economic growth goals.

Positive

• Successful completion of one of the largest utility-scale solar developments east of the Mississippi River
• Power purchase agreements secured with Amazon for full generation capacity
• Project contributes to Ohio's economic growth and renewable energy goals

Negative

• None.

Insights

Energy Infrastructure Analyst

The completion of the Fox Squirrel Solar project marks a 577 MWac addition to Enbridge's renewable portfolio, representing a significant operational milestone. The three-phase project's successful delivery strengthens Enbridge's position in the renewable energy sector and diversifies its revenue streams. The power purchase agreements with Amazon provide stable, long-term cash flows, enhancing the project's financial predictability.

The strategic partnership with EDF Renewables demonstrates Enbridge's commitment to expanding its renewable footprint while maintaining its core infrastructure focus. This project's scale - being one of the largest utility-scale solar developments east of the Mississippi - positions Enbridge favorably in the growing corporate renewable energy market. The successful execution across all three phases showcases operational excellence and project management capabilities, important factors for future renewable developments.

Renewable Energy Market Analyst

The Fox Squirrel Solar project's completion is strategically significant in the PJM market, where large-scale solar installations remain relatively scarce. The 749 MWdc capacity represents substantial generation potential in a region traditionally dominated by fossil fuels. The project's ability to secure Amazon as an off-taker validates the growing corporate demand for utility-scale renewable projects.

The rapid construction pace, installing 10,000 panels per day, demonstrates efficient project execution and supply chain management. This efficiency is particularly noteworthy given recent solar industry challenges including supply chain disruptions and increased component costs. The project's successful completion strengthens Ohio's position as an emerging solar market and sets a precedent for future large-scale renewable developments in the region.

SAN DIEGO & CALGARY, Alberta--(BUSINESS WIRE)-- EDF Renewables North America and Enbridge Inc, a leading North American energy infrastructure company (TSX: ENB) (NYSE: ENB), today announced that the Amazon Solar Farm Ohio - Fox Squirrel Solar project achieved full operational status in December 2024, with all three phases now actively delivering electricity to the PJM grid. Fox Squirrel Solar, a ground-mounted solar facility with total capacity of 577 MWac/749 MWdc, is one of the largest utility-scale solar developments east of the Mississippi River.

Fox Squirrel Solar in Central Ohio generates solar energy for Amazon. (Photo: Business Wire)

Developed by EDF Renewables and owned in partnership with Enbridge, Fox Squirrel Solar will help address the growing energy needs of central Ohio. Located in Madison County, Fox Squirrel Solar’s 1.4 million panels and 159 inverters represent the largest onshore renewable energy project developed and built by EDF Renewables North America. During peak construction, about 650 workers were onsite installing approximately 10,000 panels per day adding up to nearly 1.5 million work hours.

Fox Squirrel 1		Fox Squirrel 2		Fox Squirrel 3
150 MWac /194 MWdc		250 MWac /325 MWdc		177 MWac /230 MWdc
Operational Dec. 2023		Operational July 2024		Operational Dec. 2024

The full generation capacity will be delivered to Amazon (NASDAQ: AMZN) through power purchase agreements, which will help contribute to Amazon’s Climate Pledge commitment. As renewable energy commitments are increasingly embraced by corporations, solar projects like Fox Squirrel will help Ohio realize its goal of continuing to attract business and increasing economic growth in the state.

“We are delighted to announce the completion of EDF Renewables’ largest energy investment in North America - Fox Squirrel Solar,” commented Kate O’Hair, Senior Vice President for Onshore Development at EDF Renewables North America. “This project is a shining example of the power of partnerships between landowners, the local community and our project partners all working together towards a sustainable future. Our development partner, Geenex Solar, has been instrumental in making this project a reality. Fox Squirrel has brought hundreds of jobs and millions of dollars to Madison County throughout the development and construction phase. As we transition into the operational phase, we are committed to continuing to be a responsible and reliable neighbor and strengthening our environmental and community stewardship.”

“We are excited to celebrate the completion of the final phase of Fox Squirrel Solar, a key milestone in our expanded strategic partnership with EDF Renewables,” said Tom Carbone, Vice President, Power Business Development, Enbridge. “This project represents an important milestone in advancing Enbridge’s renewable energy strategy, reinforcing our leadership in the ongoing energy evolution. We’re proud to provide 100% of the power to Amazon to help provide clean, renewable energy for their operations and support their sustainability goals.”

EDF Renewables, one of the largest renewable developers in North America, is committed to providing solutions to meet our customer’s carbon-reduction goals. With over 35 years of experience and 18 gigawatts of wind, solar, and storage projects developed, EDF Renewables provides integrated energy solutions from grid-scale power to electric vehicle charging.

About EDF Renewables North America

EDF Renewables North America is a market leading independent power producer and service provider with 35 years of expertise in renewable energy. The Company delivers grid-scale power: wind (onshore and offshore), solar photovoltaic, and storage projects; distribution-scale power: solar and storage; asset optimization: technical, operational, and commercial expertise to maximize performance of generating projects, and onsite solutions, through the Company’s PowerFlex subsidiary, offering a full suite of onsite energy solutions for commercial and industrial customers: solar, storage, EV charging, energy management systems, and microgrids. EDF Renewables’ North American portfolio consists of 18 GW of developed projects and 14.6 GW under service contracts. EDF Renewables North America is a subsidiary of EDF Renewables, the dedicated renewable energy affiliate of the EDF Group. For more information visit: www.edf-re.com. Connect with us on LinkedIn, Facebook and Twitter.

About Enbridge Inc.

At Enbridge, we safely connect millions of people to the energy they rely on every day, fueling quality of life through our North American natural gas, oil and renewable power networks and our growing European offshore wind portfolio. We're investing in modern energy delivery infrastructure to sustain access to secure, affordable energy and building on more than a century of operating conventional energy infrastructure and two decades of experience in renewable power. We're advancing new technologies including hydrogen, renewable natural gas, carbon capture and storage. Headquartered in Calgary, Alberta, Enbridge's common shares trade under the symbol ENB on the Toronto (TSX) and New York (NYSE) stock exchanges. To learn more, visit us at enbridge.com.

Forward-Looking Information—Enbridge

Forward-looking information, or forward-looking statements, have been included in this news release to provide information about Enbridge Inc. ("Enbridge") and its subsidiaries and affiliates, including management's assessment of Enbridge and its subsidiaries' future plans and operations. This information may not be appropriate for other purposes. Although Enbridge believes these forward-looking statements are reasonable based on the information available on the date such statements are made and processes used to prepare the information, such statements are not guarantees of future performance and readers are cautioned against placing undue reliance on forward-looking statements. By their nature, these statements involve a variety of assumptions, known and unknown risks and uncertainties and other factors, which may cause actual results, levels of activity and achievements to differ materially from those expressed or implied by such statements. Except to the extent required by applicable law, Enbridge assumes no obligation to publicly update or revise any forward-looking statements made in this news release or otherwise, whether as a result of new information, future events or otherwise. For additional information on the assumptions made and the risks and uncertainties involved in Enbridge’s forward-looking statements, please refer to Enbridge’s most recent Annual Report and Quarterly Report and in Enbridge’s other filings with Canadian and United States securities regulators at www.sedarplus.ca and www.sec.gov, respectively.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250106148846/en/

Media Contacts:

EDF Renewables

Sandi Briner

mediarelations@edf-re.com

Enbridge

Mandy Dinning

Toll Free: (888) 992-0997

media@enbridge.com

Source: EDF Renewables North America

FAQ

What is the total capacity of Enbridge's Fox Squirrel Solar project?

The Fox Squirrel Solar project has a total capacity of 577 MWac/749 MWdc, making it one of the largest utility-scale solar developments east of the Mississippi River.

When did ENB complete the Fox Squirrel Solar project phases?

The project was completed in three phases: Fox Squirrel 1 (150 MWac) in December 2023, Fox Squirrel 2 (250 MWac) in July 2024, and Fox Squirrel 3 (177 MWac) in December 2024.

How many solar panels does ENB's Fox Squirrel project have?

The Fox Squirrel Solar project features 1.4 million solar panels and 159 inverters.

Who is the power purchase agreement partner for ENB's Fox Squirrel Solar project?

Amazon has secured power purchase agreements for the full generation capacity of the Fox Squirrel Solar project.

How many jobs did ENB's Fox Squirrel Solar project create during construction?

During peak construction, approximately 650 workers were employed on-site, installing about 10,000 panels per day and accumulating nearly 1.5 million work hours.