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United States: BluEarth acquires 1 GW of renewable energy projects

BluEarth Renewables has announced the acquisition of seven wind and solar development projects totaling approximately 1 GW in the United States.

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BluEarth turns to renewable energy in the United States. The company announces the acquisition of seven wind and solar development projects in the United States, totaling approximately 1 GW, from Ozone Renewables, LLC (“Ozone”). This transaction includes projects in Washington, Oregon, Ohio and Oklahoma.

A growing renewable energy development portfolio of over 7 GW for BluEarth

BluEarth, which already has more than 7 GW of renewable energy development wind, solar and high quality storage, will develop these projects in the United StatesBluEarth Renewable Energy United States in partnership with Pivot Power Management (“Pivot”). In addition, the expertise of Pivot’s team in developing these markets will complement BluEarth’s development team. This is BluEarth’s second acquisition from Ozone.

A lasting partnership to carry out BluEarth’s projects in the United States

Grant Arnold is President and CEO of BluEarth. He says he is pleased to expand the renewable energy portfolio by adding these projects that are well positioned in key markets in four U.S. states. He says this combination of projects fits perfectly with BluEarth’s strategic growth plans. Finally, he says he looks forward to working with Pivot’s experienced team to move development forward.

Nick Henriksen is the vice president of Greenfield development for Pivot. He said he is excited to expand their partnership with BluEarth through this acquisition. He is also confident that they will continue to work together to complete the projects.

Larry Seiler is development manager for Ozone’s renewable energy in Connecticut. He says Ozone is proud to provide a development portfolio to BluEarth. The latter is aligned with BluEarth’s mission for renewable energy in North America and its role is appreciated.

Renewable energy in development and new acquisitions in 2022 in the US for BluEarth

By 2022, BluEarth had already acquired 2 GW of development projects. These were located in Pennsylvania, Missouri and Ohio. There are also some in Colorado and Nevada in addition to various entirely new projects. Construction is also underway on nearly 200 MW of new projects in Alberta and the 280 MW Two Rivers Wind Project in Wyoming is expected to begin construction in 2023.

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