en.Wedoany.com Reported - Qualitas Energy, through its sixth fund (Qualitas Energy Fund VI) launched at the end of 2025, has completed the acquisition of a 164MWp solar photovoltaic project from Bechtel Enterprises. Located in Illinois and serving the MISO market, the project is currently in the development stage, has obtained full permits, and Qualitas Energy holds 100% site control.

The company expects to receive a notice to proceed in the second quarter of 2028 and has set a target for commercial operation in the third quarter of 2029. The asset received unanimous approval during the local county permitting process, with strong community support. The project has the potential to integrate up to 64MWac of battery energy storage capacity and can connect to two major power hubs in Minnesota and Illinois, offering multiple power offtake options.

Alejandro Ciruelos, Partner at Qualitas Energy in the US, stated that this acquisition reflects the company's disciplined investment strategy and its ability to identify high-quality renewable energy assets with strong value creation potential. He noted that the project combines an advanced development status, robust fundamentals, and multiple commercialization pathways in one of the most attractive power markets in the US, while also highlighting the strategic importance of the US market to Qualitas Energy.

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