OYA Solar Closes on Sale of 28 MW of Minnesota Community Solar Projects
Toronto, Canada; March 27, 2018 – OYA Solar Inc. has closed on the sale of four Minnesota community solar projects totaling 28 MWdc 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 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," states 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.”
About OYA Solar
Founded in 2009, OYA Solar Inc. is an experienced solar developer and investor. OYA Solar has developed a wide range of rooftop and ground mount solar projects including commercial, community solar, and utility scale across North America.