Several renewables projects previously owned by BNB Renewable Energy have been acquired by Nova Clean Energy. The projects, all located in the United States, feature a combined capacity of more than 1GW.
The group of projects is dubbed HyFuels and cover wind and solar developments in different stages of development on the Texas Gulf Coast. It also includes a green ammonia project in early phases.
HyFuels is expected to receive full notice to proceed (NTP) by 2025. Commercial operations should follow in 2026, with a long-term development services agreement already signed with BNB Renewable Energy.
For more information on renewables projects in the US, please visit EICDataStream.