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JERA Nex acquires 395 MW of solar projects in US from Lightsource bp

JERA Nex, the global renewable energy division of JERA, has acquired two solar projects in the US, totalling 395 MW of alternating current, from Lightsource bp. This acquisition marks JERA Nex’s first since its launch in April 2024 and includes its initial US solar assets.

The acquired projects are the 300MW Oxbow solar farm in Louisiana, the largest in the state, and the 95MW Happy solar farm in Arkansas. Both projects are currently operational. The Happy Solar Farm has a long-term power purchase agreement (PPA) with Conway Corp., a city-owned utility in Conway, Arkansas. The Oxbow solar farm has secured long-term PPA agreements with McDonald’s and eBay.

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