Greenbacker Renewable Energy announced that through a wholly owned subsidiary, it purchased an 80-MWAC pre-operational solar project from Broad Reach Power.
The project, MTSun Solar, is currently under development in Yellowstone County, Montana, with an expected commercial operation date of July 2022. It has a long-term PPA in place with the investment-grade utility Northwestern Energy.
This transaction is the second between GREC and BRP, following the former’s purchase of the 80-MW Fall River solar project in South Dakota late last year. It is also GREC’s second solar project in Montana.
“We are confident in the future of the MTSun project in Greenbacker’s hands. We’ve enjoyed the continuation of our relationship with the GREC team and look forward to the positive impact the project will make in Montana,” said James Ferguson, senior VP of development at Broad Reach Power.