BNB Renewable Energy Holdings and Enfinity America Corp. have entered into an agreement to co-develop a portion of BNB's distributed generation pipeline in the U.S.
The first of several anticipated projects under this joint development agreement is the previously announced 9.8 MW solar project under construction on 60 acres of land at Campbell Soup Co.'s production facility in Napoleon, Ohio.
Under the terms of the agreement, Enfinity is responsible for arranging the financing of the project and will co-manage the installation, contracts and future operations with BNB. Bostonia Partners, which is a financial advisor to BNB and specializes in renewable energy finance, established the partnership between BNB and Enfinity.
BNB and Enfinity have selected SunPower to deliver the engineering, procurement and construction services for the installation. The ground-mounted project is expected to be completed and operational by the end of this year.