Renewable power producer Cordelio Power acquired a 150-MW solar project, Winfield, under development in Lincoln County, Missouri. Cordelio acquired the Winfield project from a joint venture between Dakota Power Partners and MAP Energy, the original developers of the project.
“We’re excited to be working in Missouri to help the state, its utilities, and its constituents meet their clean energy goals, while making a positive impact on local communities,” said Nick Karambelas, Cordelio’s Chief Commercial Officer. “We’re also pleased to grow our relationship with Dakota and MAP, and we look forward to working further with them.”
Dakota will initially provide transition development services for the project, with Cordelio ultimately managing the project’s development as part of its growth efforts in the Midwest.
“We’re pleased to be working with Cordelio as they grow their renewable energy portfolio,” said Jay Schoenberger, Dakota’s Co-Founder and Principal. “Under Cordelio’s stewardship, Winfield Solar will produce cost-effective zero-emissions power, create jobs, and deliver major economic benefits to the local community.”
Aaron Zubaty, managing partner of MAP, added: “Businesses and consumers now increasingly demand non-polluting sources of electricity for their operations and homes. Dakota’s solar development portfolio was carefully designed to deliver utility-scale solutions that will accelerate electricity sector decarbonization while lowering future electricity bills.”
News item from Cordelio Power