- Enel North America1
will sell 21 MW of solar power from the Estonian solar project, now
under construction in Delta County,
Texas, to BXP.
- The new 202 MW2 solar project, paired with a 104 MW
battery system, is expected to come online in late 2024.
DALLAS, Sept. 19,
2023 /PRNewswire/ -- Enel
North America1 has signed a power purchase
agreement with BXP (NYSE: BXP), the largest publicly traded
developer, owner, and manager of premier workplaces in the United
States, for a 21-megawatt (MW) portion of the Estonian solar
project under construction in Delta
County, Texas.
"Enel offers companies a variety of tools to manage energy
efficiently and lower their carbon footprint—from clean power
contracts to load-side solutions like demand response," said Paolo
Romanacci, head of Enel North
America's renewable energy business, Enel Green Power North America. "Enel is
thrilled to grow our relationship with BXP, further enabling their
sustainability progress while also supporting new, clean power in
ERCOT—a grid that is increasingly reliant on solar power and
battery storage."
"Efforts to advance meaningful decarbonization at BXP have been
centered on energy efficiency, electrification, and renewable
energy procurement," said Doug
Linde, President, BXP. "By contracting for renewable power
that is additional, we are making a positive impact by supporting
the growth of renewable energy generation and broader transition to
a clean energy future. We are pleased to grow our relationship with
Enel as a partner in our sustainability journey."
The agreement builds on a longstanding relationship between Enel
and BXP for advanced energy solutions including demand response and
utility bill management. Enel manages 10,000 annual utility bills
for BXP across 939 active accounts and has helped enable over
$6 million in demand response revenue
since 2011.
Construction is underway on the Estonian solar + storage
project, which is expected to come online in late 2024. The 202
MW2 solar facility will be paired with a 104 MW battery energy
storage system. The solar project is expected to generate around
499 GWh of clean electricity each year, equivalent to the needs of
over 46,000 US households. Over its lifetime, the hybrid project is
expected to generate over $23 million
in new local tax revenue for schools and public services.
Enel is one of the largest renewable energy operators in
Texas, with 3.3 GW of installed
wind and solar capacity and 607 MW / 911 MWh of installed battery
storage capacity supporting the ERCOT grid. In total, Enel has 1.8
GW of solar and 736 MW / 1,103 MWh of utility-scale storage
capacity under construction in Texas. Enel also manages around 200 MW of
demand response capacity, offers retail electricity supply, and has
more than 12,400 electric vehicle charging stations installed in
the state.
BXP retained Edison Energy as its renewable energy advisor for
this deal.
About Enel North
America
Enel North
America, part of the Enel Group, is a clean energy leader in
North America and is working to
electrify the economy and build a net-zero carbon future by
decarbonizing energy supply, electrifying transportation, creating
resilient grids, and promoting a just, equitable transition.
Enel North America serves over 4,500
businesses, utilities, and cities through renewable power
generation, demand response, distributed energy resources, smart
e-mobility solutions and services, energy trading, advisory and
consulting services, and more. Its installed portfolio includes
over 9.7 GW of utility-scale renewable capacity, 690 MW / 1,036 MWh
of utility-scale energy storage and 97 MW / 216 MWh of distributed
energy storage capacity, 4.7 GW of demand response capacity, and
193,000 electric vehicle charging ports. Visit
enelnorthamerica.com and follow us on Facebook, LinkedIn, X
(Twitter), and YouTube to learn more.
About BXP
BXP (NYSE: BXP) is the largest publicly
traded developer, owner, and manager of premier workplaces
in the United States,
concentrated in six dynamic gateway markets - Boston, Los
Angeles, New York, San Francisco, Seattle,
and Washington, DC. BXP has delivered places that power
progress for our clients and communities for more than 50 years.
BXP is a fully integrated real estate company, organized as a real
estate investment trust (REIT). As of June
30, 2023, including properties owned by unconsolidated joint
ventures, BXP's portfolio totaled 54.1 million square feet and 191
properties, including 13 properties under construction/
redevelopment. For more information, please visit our website
at www.bxp.com or follow us on LinkedIn or
Instagram.
1 AC power (262 MWdc)
2 Through its renewable energy business, Enel Green
Power North America.
Media Contact:
Matt Epting
Head of Media
Enel North America
matt.epting@enel.com
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SOURCE Enel North America