This week Capital Dynamics announced that its Clean Energy Infrastructure (CEI) business signed an agreement with Tenaska to develop a portfolio of 14 greenfield solar projects with a total generating capacity of 2,000 MW (2 GW) in the in the Midcontinent Independent System Operator (MISO) market.
The portfolio represents a large share of all solar projects currently in the MISO North interconnection queue, with projects in Michigan, Missouri, Illinois, Wisconsin, Indiana and Minnesota.
Capital Dynamics said the agreement further diversifies its growing solar portfolio, adding that its CEI team is the second-largest owner of solar projects in the United States, managing approximately USD $4.9B in assets and 3.1 GW of capacity in its current portfolio.
“This agreement was a unique opportunity for us to acquire a meaningful pipeline of solar capacity in an efficient project development structure within a market poised for growth,” said Benoit Allehaut, director of Capital Dynamics’ Clean Energy Infrastructure team.