Adapture Renewables Acquires 450 MWdc of Solar Projects from TED Renewables
December 12, 2023
Adapture Renewables has acquired three pre-construction solar projects in MISO (Illinois and Arkansas) from TED Renewables, adding 333 MWac / 450 MWdc to its portfolio. The transaction expands Adapture's presence into Illinois and Arkansas, more than doubling its operating portfolio to roughly 800 MWdc and advancing the projects toward commercial operation in 2025–2026.
- Buyers
- Adapture Renewables, Inc.
- Targets
- Three solar projects (333 MWac / 450 MWdc) in MISO — Illinois & Arkansas (acquired from TED Renewables)
- Sellers
- TED Renewables (Tyr Energy Development Renewables, LLC)
- Industry
- Renewable Energy
- Location
- Illinois; Arkansas, United States
- Transaction Type
- Divestiture
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