Geronimo Energy sells a 66-MW portfolio of Minnesota Community Solar Garden developments to BHE Renewables

Geronimo

Geronimo Energy has announced the sale of its second portfolio of Minnesota Community Solar Garden developments (“the Portfolio”) to subsidiary of Berkshire Hathaway Energy, the BHE Renewables.

Geronimo Energy’s Portfolio include a total of 66 megawatts (“MW”) of solar garden projects spread across 21 locations and 16 Minnesota counties, which will be completed by the end of next year.

With the fresh acquisition in addition to previously purchased portfolio of Geronimo-developed community solar garden BHE’s portfolio reaches to nearly 100 MW. Together the projects will deliver substantial economic impact for both the local and state economies, including funds from additional tax revenue, landowner payments and other contributions to the local community, as well as the creation of both part-time and full-time permanent local jobs said Geronimo in a statement.

Both portfolios are part of Xcel Energy’s Solar Rewards Program, and Geronimo has been and will continue to provide development services for BHE Renewables.

We are pleased to expand our partnership with BHE Renewables,” says Geronimo Energy President, Blake Nixon. “Geronimo looks forward to continuing to grow our relationship with BHE Renewables through our work in Community Solar Garden programs and deliver on our promise to positively impact rural economies, specifically here in our home state of Minnesota.”

BHE Renewables is pleased to invest in the Community Solar Garden program in Minnesota and broadening its relationship with Geronimo Energy,” said Richard Weech, president of BHE Renewables International. “Offering subscriptions to local energy customers gives them access to the benefits of solar energy, including helping them save money on their electric bills. It also reflects our commitment to growing the renewable energy industry in Minnesota beyond our initial 32 MW of solar gardens currently under development.”

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