Redeux Energy Partners has sold its hybrid solar and battery storage development project to Scout Clean Energy.
The project, a 200 MW solar array and 40 MW, four-hour battery energy storage array, is advancing through MISO’s 2021 DPP interconnection cluster.
“The ideation of this project was part of the inception of Redeux, and we couldn’t be more excited to now have Scout Clean Energy advance it through the later stages of development, financing and construction,” says Rob Masinter, CEO of Redeux Energy.
The project is set to interconnect to a MISO transmission switchyard adjacent to an operating 400 MW coal-fired power plant.
Marathon Capital advised Redeux on this second sale from within an 11-project portfolio brought to market last year.
Redeux has a current 7 GW and 7 GWh of solar and storage capacity project pipeline spanning the ERCOT, MISO, SERC and WECC energy markets.
Scout is a portfolio company of Brookfield Asset Management.
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Redeux Energy Sells Solar and Storage Development Project to Scout Clean Energy
Can’t swear that this is true but hoping so.
We must never forget.
The more visibility and the more frequent reminders we can get on this catastrophe in U.S. history the better.
It’s almost funny when we hear that California is a socialist state, or a police state (due to our environmental restrictions), or that people are leaving in droves to go to Texas or Florida. When I come across people who say this, I wonder: have you ever actually been to California?
Do you know that the garden-variety 3 BR, 2 BA house here lists at about $1.2 million, where, if it were moved to, say, the Midwest, it would be worth perhaps $2500,000? Why do you think that could possibly be? Maybe the law of supply and demand doesn’t apply to the Marxist part of the nation?
Perhaps it’s because Californians are offered fantastic economic opportunities. We develop and implement ideas that improve the lives of everyone on Earth, and that we profit greatly from our undertakings.
Something for the MAGA crowd to consider.
The main way governments create wealth is by educating people so that they can become productive members of society. They also build roads and airports and maintain law and order so that honest businesses can thrive.
Anyone living now who believes that Elon Musk and Jeff Bezos are creating wealth for anyone but themselves is a total fool.
A ton of people bought into the concept expressed here in the mid-20th Century, but no semi-intelligent person today believes that tax breaks for billionaires/trillionaires generates a nickel for the common person.
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