Galloway Solar Farm is a 360MW solar PV power project. It is located in Texas, the US. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently active. It has been developed in multiple phases. The project construction commenced in 2020 and subsequently entered into commercial operation in October 2021. Buy the profile here.
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Description
The project was developed by Allianz Capital Partners, Avantus and Skyline Renewables. Allianz Capital Partners and Skyline Renewables are currently owning the project.
Galloway Solar Farm is a ground-mounted solar project.
Development status
The project construction commenced in 2020 and subsequently entered into commercial operation in October 2021.
Power purchase agreement
The power generated from the project is sold to Morgan Stanley Infrastructure Partners under a power purchase agreement from 2021. The contracted capacity is 250MW.
Contractors involved
Renewable Energy Systems Holdings was selected to render engineering procurement construction services for the Galloway Solar Farm (Galloway 2 Solar Farm).
For more details on Galloway Solar Farm, buy the profile here.
About Allianz Capital Partners
Allianz Capital Partners GmbH (Allianz Capital), a subsidiary of Allianz SE is a private equity company. It invests private equity, infrastructure and renewable energy. Allianz Capital services include project development, financing, construction and operation of offshore wind and solar parks. It also provides consulting, direct investments, merger and acquisition, due diligence and structuring of projects. Allianz Capital also invests in private equity funds market. It operates in the UK, the US, Germany and Singapore. Allianz Capital is headquartered in Munich, Bavaria, Germany.
About Avantus
Avantus LLC (Avantus) formerly known as 8minute Solar Energy LLC, is a solar energy company. The company develops, constructs, finances, holds, acquires, operates and maintains solar energy projects. The company's service offerings include wholesale market optimization, asset management, energy trading, offtake opportunities, innovative financing structures, among others. It offers smart power plants, these integrate renewable energy production and storage into one seamless, intelligent system that can provide flexible, predictable output to the grid and help utilities dynamically manage load. Avantus is headquartered in El Dorado Hills, California, the US.
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