S&B USA to acquire 200 MW Texas solar project developed by GIG portfolio company Savion

S&B (previously Shikun and Binui America) has signed a definitive agreement with Savion, a Green Investment Group portfolio company, to purchase a solar project in Brazoria County, Texas. 

S&B USA will acquire 100% of the Savion-developed, 200 MW Brazoria West Solar Project. Once fully operational, the project will produce enough renewable electricity to power the equivalent of approximately 37,100 Texas homes.

Construction is expected to start in Q2 2021 and the Commercial Operation Date is anticipated to be in Q2 2022. Brazoria West Solar Project will supply power to the Houston area and has already secured one commercial and industrial Power Purchase Agreement (PPA) and another PPA with an energy trading company.

Learn more about the announcement here.

Learn more about how we are accelerating the green transition in North America here.