“As the United States accelerates toward a sustainable future, energyRe is ready to deliver the reliable clean power our communities need to meet growing energy demands. This agreement will stimulate significant local investment, job creation and emissions reductions across the region. Building on Southern Current’s industry leadership, we are harnessing our expertise and experience to advance renewable energy in the Southeastern United States and beyond.” Miguel Prado, CEO of energyRe
Lone Star Solar will be one of the largest solar and storage facilities in the Southeastern United States. Over the life of the project, Lone Star Solar will generate more than $10 million in local property taxes and create approximately 185 jobs during construction. Lone Star Solar is expected to reduce more than 140,000 metric tons of CO2 emissions.
In 2023, energyRe announced a 15-year agreement for Solvay to purchase renewable energy certificates generated by Lone Star Solar—providing Solvay's facilities with the renewable energy needed to cut carbon emissions for nearly 17% of its U.S. electricity consumption.
