Ecoplexus Commences Construction on 66MWs of Solar Energy Centers in United States

San Francisco, February 28, 2019 – Ecoplexus Inc., a leading global developer and owner of renewable energy projects, announced today that it has commenced construction on 66 MWs of additional solar energy centers in the United States. These projects represent a combined investment of more than $80 million. These facilities have long term offtake agreements with Duke Energy and Dominion Energy.

These projects will be added to Ecoplexus’ growing in house developed and constructed IPP asset base, with joint investments from equity and tax equity strategic partners. Ecoplexus Inc. will provide ongoing asset management and operations and maintenance services for all the facilities.

These projects will provide 112 gigawatt-hours of clean electricity annually. That is enough to power 13,000 homes and prevent the carbon dioxide emission of roughly 10 million gallons of gasoline, in effect taking 15,000 passenger vehicles off the road.