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WEC Energy to Acquire 90% Stake in Texas Solar Project for $495 Million
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WEC Energy to Acquire 90% Stake in Texas Solar Project for $495 Million
Apr 29, 2024 7:49 AM

10:23 AM EDT, 04/29/2024 (MT Newswires) -- WEC Energy Group ( WEC ) said Monday it has agreed to acquire a 90% stake in the Texas-based Delilah I Solar Energy Center for about $459 million.

Commercial operation at the facility, located about 140 miles northeast of Dallas, is expected to start by the end of June.

The transaction is subject to necessary regulatory approvals.

WEC Energy's ( WEC ) shares were up 0.8% in recent trading.

Price: 82.18, Change: +0.69, Percent Change: +0.84

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