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NYPA takes 51% stake in 240-MW solar project with EDF

Original: NYPA to own 51% of 240-MW solar project with EDF

The New York Power Authority will hold a 51% ownership stake in a 240-megawatt solar project developed alongside French utility EDF. The arrangement gives the state public power authority majority control of a large-scale renewable energy project, underscoring New York's push to expand solar capacity and meet its clean energy targets with private partners.

Why now: The large-scale partnership between a major state power authority and EDF signals continued momentum in US renewable energy investment.

New York Power AuthorityEDF

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