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09 October 2018

John Laing continues renewable energy commitment in USA

John Laing Group plc (“John Laing” or “the Company”), the international originator, active investor and manager of infrastructure projects, continues its commitment to the USA renewable energy sector by partnering with Cypress Creek Renewables to invest GBP 27m in two utility-scale solar projects in North Carolina.

This commitment adds to John Laing’s existing portfolio of renewable energy assets in North America which now comprises four solar farms in North Carolina and three wind farms in Texas and New Mexico.

John Laing’s dedicated renewable energy team identifies, delivers and operates projects in both onshore and offshore wind, solar and biomass, with a particular focus on pre-construction stage projects in North America, Europe and Asia Pacific.

Anthony Phillips, Regional Managing Director, North America, said “2.9 gigawatts of renewable energy projects were started in the US last year, including solar and wind, as demand for clean energy increases and as equipment costs have fallen dramatically.

“We continue to see the commitment that State governments are making to promote the use of clean energy and this investment demonstrates our success in partnering with leading developers to develop greenfield infrastructure.”

 

Please click here for link to RNS.


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