Orange Grove Solar: Delivering Clean Energy in Texas
Rhea-AI Summary
Enbridge has announced plans to build and operate the Orange Grove Solar project near Corpus Christi, Texas. The project, set to be completed in late 2025, will provide 130 megawatts (MW) of power to the local grid. AT&T has signed a long-term virtual power purchase agreement with Enbridge for the project's output, helping the telecom giant offset its energy expenses and reduce its carbon footprint.
Orange Grove Solar will be Enbridge's first solar project in Texas, featuring about 300,000 solar panels on 920 acres. The construction phase is expected to create between 150 and 250 jobs. This project is part of Enbridge's broader commitment to developing onshore renewable projects across North America, with the company having invested over US$7 billion in renewable energy and power transmission projects to date.
Positive
- Enbridge secures long-term virtual power purchase agreement with AT&T for Orange Grove Solar project
- Project will provide 130 MW of clean energy to the local grid
- Construction phase expected to create 150-250 jobs
- Expands Enbridge's renewable energy portfolio in Texas
- Aligns with Enbridge's commitment to develop onshore renewable projects across North America
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, ENB gained 0.10%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Telecom giant AT&T to purchase Enbridge Texas-based project's 130MW of power, once operational
NORTHAMPTON, MA / ACCESSWIRE / September 5, 2024 / AT&T is dialing up more renewable energy-this time, from an Enbridge solar project in Texas.
The Dallas-based multinational telecom company is growing its procurement of renewable energy as part of its energy management strategy.
Enbridge announced our plans to build and operate the Orange Grove Solar project near Corpus Christi, TX. Upon completion in late 2025, Orange Grove will provide 130 megawatts (MW) of power to the local grid.
Telecom giant AT&T has signed a long-term virtual power purchase agreement with Enbridge for the output of the project. The agreement helps AT&T offset its energy expense and reduce its carbon footprint.
Orange Grove is Enbridge's first solar project in the Lone Star State, where we already own and operate three wind energy facilities. With about 300,000 solar panels on 920 acres, the project will create between 150 and 250 jobs during the construction phase.
"Orange Grove is a key part of our commitment to develop, construct and operate onshore renewable projects across North America," says Matthew Akman, Enbridge's Executive Vice President of Corporate Strategy and President of our Power business.
"By leveraging Enbridge's extensive capabilities, we advanced the project to the construction phase and have now secured a virtual power purchase agreement with AT&T," he adds. "We look forward to expanding our renewable energy footprint in Texas in the future."
To date, Enbridge has committed more than US
Enbridge currently owns and/or operates seven solar energy facilities across the U.S. in Illinois, Nevada, New Jersey, Ohio, Pennsylvania and Wisconsin.
View additional multimedia and more ESG storytelling from Enbridge on 3blmedia.com.
Contact Info:
Spokesperson: Enbridge
Website: https://www.3blmedia.com/profiles/enbridge
Email: info@3blmedia.com
SOURCE: Enbridge
View the original press release on accesswire.com
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