-->

Savion sells $264M solar project

Locally headquartered Savion LLC has sold its Brazoria West Solar Project in Texas to S&B USA for an undisclosed amount. The 260-megawatt project is set for construction and is estimated to cost around $264.4 million. The sale allows S&B to complete the financing and construction of the project.

Kansas City-based Savion LLC sold the 260-megawatt Brazoria West Solar Project in Texas to S&B USA for an undisclosed amount.

Savion planned the project and got it ready for construction, which will begin in the next month or two at an expected cost of about $264.4 million. The project, which is about 40 miles southwest of Houston, anticipates starting operations in the second quarter of 2022. It will generate enough electricity to power 37,100 homes.

“Savion is pleased to partner with S&B USA to complete the financing and construction of Brazoria West Solar Project,” Savion President Nick Lincon said in a release. “The S&B USA team is deeply committed to the project, and we thank them for their dedicated work with our staff. We are also grateful to the residents, landowners and local officials of the Brazoria County community for their support of the project.”

The company was founded after Enel Green Power acquired Lenexa-based Tradewind Energy Inc. in 2019. Part of the deal was to spin off Tradewind’s utility-scale solar business, Savion, in a separate sale to Green Investment Group Ltd., a London-based subsidiary of Macquarie Group Ltd., an international bank based in Sydney.