energyRe Signs 25-year Power Purchase Agreements for Five Solar Projects in South Carolina

energyRe, a leading developer of reliable and affordable energy solutions, announced it has executed 25-year power purchase agreements (PPAs) with an unnamed investor-owned utility in South Carolina for five solar projects totaling 360 megawatts (MW) of affordable and reliable energy capacity.

"Today's announcement underscores energyRe's deep commitment to delivering competitive, long-term energy solutions that benefit communities and strengthen grid reliability," said Ryan Brown, chief operating officer of energyRe. "The agreements on these five solar projects will help unlock sustainable economic and environmental value across the Carolinas for years to come."

The projects include:

• Shorthorn Solar

• Culpepper Solar

• Clarendon Solar

• Rollins Solar

• Ross Solar.

Upon commercial operation, officials said these projects are expected to collectively generate 360 MW of reliable and affordable energy, capable of powering approximately 58,600 homes annually.

With a total of 16 gigawatts under development in regions around the U.S., energyRe is a leader in utility-scale transmission, generation, storage and distributed generation solutions.