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Solar Frontier Americas acquires 100-MW solar project in Colorado

Solar Frontier Americas Inc. has acquired a 100-MWdc solar plant in Adams County, Colo., from GCL New Energy Inc. Financial terms of the deal were not disclosed.

The Pioneer solar project is currently in the final stages of development. Construction is expected to begin later this year, according to a Sept. 10 news release.

The project has a 10-year power purchase agreement with Intermountain Rural Electric Association, which serves over 160,000 customers in 11 Colorado counties. Pioneer is expected to start commercial operation in December 2020, according to S&P Global Market Intelligence data.

Solar Frontier Americas is the U.S.-based renewable energy business of Idemitsu Kosan Co. Ltd. GCL New Energy is a member of GCL New Energy Holdings Ltd.