15 October 2024
15 October 2024
Kairos Power will develop, construct and operate a series of advanced reactor plants across the US.
The deal includes a 200MW onshore wind project and a 768MW pipeline of wind and solar initiatives.
The new facility will be built with an investment of $60m and production will commence in Q1 2025.
The tax-equity financing for the Box Canyon solar project will be provided by JP Morgan’s affiliate and Capital One.
The 1.3GW wind farm is the largest in the southern hemisphere.
The project will begin commercial operations by the fourth quarter of 2025.
The strategic partnership is expected to strengthen Malaysia's solar supply chain and introduce advanced photovoltaic technologies.
The acquisition supports OX2's strategy to enhance its renewable energy portfolio in Australia.
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