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Canadian Solar inks power supply contracts with Anheuser-Busch, Energy Transfer

Recurrent Energy LLC signed two 15-year power purchase agreements for its Maplewood projects in Pecos County in the Permian Basin of West Texas.

The first contract is with Anheuser-Busch InBev SA for 310 MWp/222 MWac from the Maplewood solar project. The agreement would allow the beer brewer to complete one of its 2025 sustainability goals in the U.S. four years ahead of schedule.

The second contract is with Energy Transfer LP for 40 MWp/28 MWac from the Maplewood 2 project. The agreement represents the oil and gas company's first-ever dedicated solar contract.

"We are always focused on operating our facilities safely and efficiently, and while we mainly rely on electrical energy powered by natural gas, we do use a diversified mix of energy sources when it makes economic sense to do so," said David Coker, vice president of power optimization at Energy Transfer.

The Maplewood and Maplewood 2 projects are expected to be operational by 2021.

Recurrent said June 4 that it is in the early stages of seeking potential equity partners on the Maplewood portfolio.

Recurrent is a subsidiary of Canadian Solar Inc.