Ameren makes progress with 200-MW solar acquisition in Missouri

Ameren Missouri, an electric and gas service provider owned by Ameren Corp (NYSE:AEE), said on Wednesday it has secured a key approval for the acquisition of a 200-MW solar project in its home state.

Following the change of ownership, the Huck Finn photovoltaic (PV) project will be the largest solar scheme in the company’s portfolio. The target project will be acquired by Ameren under a build-transfer deal with EDF Renewables agreed last summer, details about which were kept under wraps.

Huck Finn will be installed on the border of Missouri's Audrain and Ralls counties and is planned to be commissioned in late 2024, based on current projections. According to the announcement, the project is designed to generate over 25 times the amount of energy of Missouri's largest existing solar power station.

The solar farm’s annual output is expected to be enough to cover the consumption of around 40,000 homes.

Ameren Missouri plans to add 2.8 GW of new renewable power capacity to its fleet by 2030 as part of its goal for net-zero carbon emissions by 2045.

"We're actively pursuing projects that provide relatively large generation capacity, are competitively priced and backed by a developer with a proven history of delivering projects,” said Mark Birk, chairman and president of Ameren Missouri.

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