US independent power producer (IPP) Cypress Creek Renewables has acquired the Steel River project in Arkansas from Swift Current Energy, which will combined 2.4GW of solar capacity and 720MW/2,900MWh of battery energy storage systems (BESS).
The project is currently under development in Mississippi county, in north-eastern Arkansas, and Cypress Creek expects to develop the project in three separate phases, each comprised of 815MW of solar capacity and 240MW/960MWh of batteries. The IPP expects all phases to reach commercial operation by 2029, with total capital costs at the project in excess of US$4.5 billion.
16 June 2026…