OCI Power and Arava Energy have entered into their second settlement — forming a three way partnership to develop Mission SunRoper, a 260-MWAC photo voltaic farm in Wharton County, Texas.
Positioned roughly 60 miles southwest of downtown Houston, the mission will present crucial clear power capability to one of many highest electrical energy demand areas in Texas and the USA. Mission SunRoper is slated to start building in 2025.
“The partnership between OCI Power and Arava Energy displays our shared imaginative and prescient for advancing photo voltaic power options and enhancing grid reliability in high-demand markets. Mission SunRoper represents a big step ahead to drive financial development and power safety throughout communities in Texas and past, advancing our mission to allow a sustainable, affluent future,” mentioned Sabah Bayatli, President, OCI Power.
This three way partnership marks the continuation of a collaboration between OCI Power and Arava Energy. In 2021, Arava Energy, acquired OCI Power’s Mission SunRay, a 200-MWAC photo voltaic farm in Uvalde County, Texas, which just lately grew to become operational in September 2024.
Sidley Austin LLP served as authorized counsel to OCI Power whereas Norton Rose Fulbright represented Arava Energy on this transaction.
Information merchandise from OCI Power
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