Energy Transfer Signs Power Purchase Agreement With SB Energy for 120 Megawatts of Electricity From Eiffel Solar Project
Energy Transfer LP Common Units (ET)
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Source: Business Wire
Energy Transfer’s Second Renewable Energy Power Purchase Agreement DALLAS--(BUSINESS WIRE)--Energy Transfer (NYSE: ET) announced today it signed a 15-year Power Purchase Agreement (PPA) with San Francisco-based SB Energy for 120 megawatts of electricity from its Eiffel Solar project in northeast Texas. Energy Transfer is a Fortune 100 midstream energy company based in Dallas.“We are pleased to announce this PPA with SB Energy,” said Tom Mason, head of Energy Transfer’s Alternative Energy Group. “It is our second significant agreement to purchase low-cost solar power to help us meet our ERCOT load requirements for our operations throughout Texas. The first was the Maplewood 2 solar farm in the Permian Basin that came online earlier this year.”“SB Energy is focused on accelerating the global energy transition with the real work starting on the ground with innovative projects like Eiffel Solar and exceptional partners like Energy Transfer. The Eiffel resource is a key project to servi
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