RET Capital Acquires 24.5 MW Of Georgia Solar Projects From Origis

Posted by SI Staff on January 15, 2015 No Comments
Categories : Projects & Contracts

Renewable Energy Trust Capital Inc. (RET Capital) says it has acquired the Camilla, Camp and Upson operating solar PV systems in Georgia from Origis USA Inc.

Totaling 24.5 MW DC, the projects operate through 20-year power purchase agreements with Georgia Power. Under the new agreement, Origis will continue to provide operations and maintenance (O&M) and asset management services.

In addition to this initial acquisition, the companies have executed a broad collaboration framework agreement, wherein RET Capital will provide Origis with a long-term reliable source of capital for its assets. Origis will provide development; engineering, procurement and construction; O&M; and asset management services for its pipeline in North America. Additionally, they will continue to work together to expand their co-development and acquisition efforts.

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