NuQuest Energy Acquires Three Utility-Scale Solar Development Projects Totaling 390 Megawatts

NuQuest Energy has acquired three utility-scale solar development projects in Louisiana and Mississippi, totaling 390 Megawatts.

The acquisition supports the company’s rapid progress towards its aim of building a 1 Gigawatt portfolio and securing the position of a locally-based industry-leading renewables development company.

“After several months of advanced analytical analyses of the electrical grids in both Louisiana and Mississippi, we’re excited to have secured our foundational projects with large developmental capacity,” said Alex Guitart, Co-Founder, NuQuest Energy. “We look forward to advancing these projects and to generate value for all parties in our local community.”

Joining Mr. Guitart are industry executives Denis Taylor, Co-Founder & Partner, Audubon Companies; Bob Rosamond, Co-Founder & Partner, Audubon Companies; and Kirk Barrell, Founder & President, Barrell Energy, and Amelia Resources. Between the four co-founders, there are 120 years of cumulative experience in the energy infrastructure sector. Building on each partner’s industry expertise, this partnership intends to deliver innovative solutions that advance renewable infrastructure development.

“NuQuest Energy has quickly secured excellent sites for utility-scale solar in our two target states,” said Bob Rosamond. “These sites build a great foundation for our progressing plans of a one gigawatt portfolio.”

“Our technology-focused approach has enabled us to select and secure sites with high probabilities of reaching operational status,” said Kirk Barrell, Co-Founder, NuQuest Energy. The company has built a proprietary site-selection system, TerraVolt, which integrates electric grid analyses, GIS, and advanced analytics. "Our proprietary technological system leverages decades of mapping and analytics experience to pinpoint high-quality locations for renewables development,” Barrell added.