Brazos to Purchase More Power from 7X’s Lapetus Energy Project
Brazos Electric and 7X Energy, Inc have executed a power purchase agreement (PPA) that will bring an additional 42.5MWs of solar capacity from 7X’s Lapetus facility in Andrews County, Texas, and the PPA will start on 12/31/2019. Brazos and CoServ previously closed a PPA negotiation earlier in 2018 with 7X from the same 7X Lapetus Energy Project. A unique solar product attribute about the PPA, is that 7X will remove intermittent variability associated with solar generation from the facility by delivering fixed hourly blocks of energy.
NRCO managed the RFP and assisted in the PPA negotiations.
The full 7X/Brazos Electric press release can be found here.