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Project Finance Brief: Samsung Sells 3 GW Solar and Energy Storage Projects

Dimension Renewable Energy secures $237 million project financing

September 20, 2023

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Samsung C&T Renewables, a renewable energy development and investment company and the renewable energy corporation of South Korea’s Samsung C&T in the U.S., signed a contract for sale and development services for a 3 GW solar and ESS (energy storage system) project in southern Texas to Sunraycer Renewables. The portfolio sold consists of 15 projects, of which 1 GW is from six solar projects and 2 GW from 9 ESS projects.

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