OYA Solar Sells Minnesota Community Solar Projects

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Toronto-based OYA Solar Inc. has closed on the sale of four Minnesota community solar projects totaling 28 MW DC with NRG Energy Inc.

The four projects are located in the counties of Benton, Blue Earth, Douglas and Yellow Medicine on approximately 180 acres of land.

Two of the projects have reached mechanical completion and are expected to be in placed in service in the near future; the other two projects are expected to be operational within 2018.

“We are proud to play a role in contributing to Xcel Energy achieving its goals under its Minnesota Community Solar Program and delivering utility bill savings to the businesses and residents of Minnesota,” says Manish Nayar, president of OYA Solar. “We are also delighted to partner with NRG on this important transaction and look forward to extending our success in further U.S. markets.”

Founded in 2009, OYA Solar is a solar developer and investor. The company has developed a range of rooftop and ground-mount projects – including commercial, community solar and utility-scale – across North America.

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