- Dynamic Energy Solutions, LLC has obtained financial close and commenced constructing a 6.6 Megawatts (MW) DC ground-mounted solar array in Norridgewock, Maine. The project includes an offtake agreement with Albertsons Companies, Inc. ACI.
- The 6.6 MW system is expected to generate more than 8.5 million kilowatt-hours of renewable energy annually for many of Albertsons Cos. Shaw's store locations throughout the Central Maine Power utility territory.
- "This system will not only provide the benefits of clean and renewable energy for Albertsons Companies but also serves the future needs of Mainers by addressing the threats of climate change," said Dynamic Energy's President John Conley.
- Dynamic Energy is expected to complete construction, installation, and final commissioning in Q4 of 2021.
- Price Action: ACI shares are trading lower by 1.07% at $28.14 on the last check Thursday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
