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RET grabs 24.5MW Georgia solar

Projects have 20-year PPAs; collaboration agreement with vendor Origis

RET grabs 24.5MW Georgia solar image

RET Capital has bought 24.5MW of operating solar farms in Georgia from Origis USA.

The Camilla, Camp and Upson PV projects have 20-year power purchase agreements with Georgia Powe and Origis will continue to provide O&M and asset management services under the deal.

In addition to the acquisition, the two have signed a framework agreement on collaboration. RET will provide Origis with a long-term source of capital for its assets, while Origis will offer development, EPC, O&M and asset management services to RET.

“RET Capital is pleased to acquire these high-quality assets, our first in the south-east, and looks forward to growing its business with this exciting new asset partner,” said RET Capital chief executive John Bohn.

Image: the Upson solar farm in Georgia (Origis)

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