February 18, 2022

CohnReznick Capital Advises Avondale Solar, LLC and Solar Plus Development, Inc. on Sale of 350MWac Solar Project to ACCIONA Energía

CohnReznick Capital is pleased to announce the sale of the 350MWac Red-Tailed Hawk solar project (the “Project”) from Avondale Solar, LLC and Solar Plus Development, Inc. (the “Sellers”) to ACCIONA Energía. CohnReznick Capital served as exclusive financial advisor to the Sellers on the transaction.

The Project is located near Houston, TX, the fastest growing load center in ERCOT, and is expected to reach commercial operation in 2024. Gary Durden, CohnReznick Capital Managing Director, said, “We’re excited to have helped Avondale and Solar Plus find a buyer with the capability to bring such a high-quality project to fruition. Red-Tailed Hawk will supply clean energy to help meet the growing demand in the Houston area.”

For additional details on this transaction, please contact Gary Durden, Managing Director.