Overview and Strategy

Renewables

Focus Investment Areas

  • On-shore wind
  • Utility scale solar
  • Battery Storage

Target Size

  • 100-350 MW for projects
  • 1 GW by 2025 for overall portfolio

Focus Geographies

  • ERCOT
  • PJM
  • MISO

 

 

 

 

 

PJM & MISO:

Further investments are ongoing in on-shore wind and utility-scale solar projects to reach 1 GW of portfolio size by 2025 under Sabanci Renewables

Characteristics of the region:
  • The most liquid markets in the US
  • Promising capacity factors for wind projects
  • Low congestion & curtailment risk
  • Strong off-takers that include Utilities, etc.
ERCOT:
  • 272 MWdc Cutlass Solar II is located in ERCOT Houston with the COD target of April 2024
  • 232 MWdc Oriana Solar is located in ERCOT South with the COD target of June 2025
Characteristics of the region:
  • Projects in premium locations
  • Higher PPA prices with a long-term horizon that gives projects secured cash-flows
  • Strong electricity demand and potential for rapid growth