Enbridge Inc. and First Solar, Inc. reported that Enbridge has acquired a 100 per cent interest in the 50-megawatt (MW) Silver State North photovoltaic (PV) project that First Solar has developed and constructed in Clark County, Nevada, near the community of Primm. Terms of the transaction were not disclosed.

"Silver State North marks Enbridge's entry into the U.S. solar energy market and demonstrates Enbridge's continuing commitment to growing its green energy business, while delivering attractive returns and stable cash flows," said Don Thompson, Vice President, Green Energy, Enbridge Inc. "The U.S. solar market presents significant growth opportunities given the excellent solar resource, supportive regulatory environment and expanding portfolio of solar energy projects."

Tags: Enbridge Inc.