Pure Energy Signs ERCOT Solar Acquisition Agreement With Tradewind Energy

Pure Energy LLC announced that it has entered into a binding agreement with Tradewind Energy, Inc. to facilitate and assist in the negotiation of a transaction agreement to potentially acquire over 2,000 megawatts of utility scale solar projects in ERCOT

As part of the agreement, Pure Energy will introduce Tradewind to a proprietary network of projects and developers in ERCOT that Pure Energy has relationships with. The network includes 29,649 MWs and more than 45 developers of utility scale solar projects in ERCOT’s pipeline and multiples of that in early to mid-stage development. Pure Energy said that less than 3,000 of those MWs are in ERCOT’s North zone.

Preston Ochsner, Chief Executive Officer and Founder of Pure Energy said: "There is a trend in the market of people looking to buy large, high quality projects in the North zone. The Tradewind team has been a pleasure to work with, and they are definitely on the right track."