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Duke Energy Renewables Completes Acquisition of Shoreham Solar Commons Project from Invenergy

 

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Duke Energy Renewables announced it has completed the acquisition of the 24.9-megawatt Shoreham Solar Commons project on Long Island from Invenergy. Shoreham Solar Commons is located in Brookhaven, New York, about 60 miles east of Manhattan, on the site of the former Tallgrass Golf Course. It was placed into service in July, and the Long Island Power Authority (LIPA) is purchasing the power under a 20-year agreement.

As we continue to provide affordable, renewable energy to customers across the United States, we are especially pleased our first renewables project in New York helps meet the sustainability goals and energy needs of LIPA's customers and offers economic benefits to the local community," said Rob Caldwell, president, Duke Energy Renewables and Distributed Energy Technology.

The project is expected to generate between $700,000 and $900,000 in annual tax revenue. The energy produced is estimated to displace 29,000 tons of greenhouse gas emissions annually and create nearly 1 million megawatt-hours of clean, renewable energy over its lifetime.

"Repurposing the former Tallgrass Golf Course into a solar site eliminates the use of pesticides and fertilizers on the property, protecting Long Island's fresh water aquifer," said Invenergy's EVP and Chief Development Officer Bryan Schueler. "We also planted 2,000 trees on the site, providing further environmental benefits in addition to the generation of renewable energy."

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