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OCI Energy, Arava Power Partner for 670 MWdc La Salle Solar Project in Texas
OCI Energy and Arava Power have partnered on the 670 MWdc La Salle Solar project in Texas, with Arava acquiring a 50 percent stake to jointly develop and operate the utility-scale facility targeted for commissioning in 2028.
May 18, 2026. By Mrinmoy Dey
OCI Energy and Arava Power have announced the execution of a Membership Interest Purchase Agreement (MIPA) for La Salle Solar, a 670 MWdc utility-scale solar project located in La Salle County, Texas, US.
Under the MIPA transaction, Arava Power will acquire a 50 percent ownership interest, and the parties will jointly finance, construct, own and operate the solar project. The transaction represents the third collaboration between the two, reflecting a shared track record of advancing large-scale renewable energy projects in the Texas market, the companies said in a statement.
Sabah Bayatli, President of OCI Energy, said, “Executing a project of this scale is the result of deep market knowledge, strong partnerships, and a focused approach to development. Texas continues to be the foundation of our portfolio, and La Salle demonstrates our ability to deliver repeatable, high-quality projects that meet the evolving needs of the grid.”
Ilan Zidkony, CEO, Aprava Power, remarked, “La Salle Solar is a testament to Arava Power's momentum in the US market. Securing this 670 MWdc project strengthens our platform and underscores the seamless alignment between our team and OCI Energy. We are on track to break ground by year-end, further accelerating our mission to deliver large-scale, sustainable energy solutions.”
The project is expected to begin commercial operations in 2028, and at full capacity, it is expected to generate enough clean electricity to power approximately 100,000 homes.
Under the MIPA transaction, Arava Power will acquire a 50 percent ownership interest, and the parties will jointly finance, construct, own and operate the solar project. The transaction represents the third collaboration between the two, reflecting a shared track record of advancing large-scale renewable energy projects in the Texas market, the companies said in a statement.
Sabah Bayatli, President of OCI Energy, said, “Executing a project of this scale is the result of deep market knowledge, strong partnerships, and a focused approach to development. Texas continues to be the foundation of our portfolio, and La Salle demonstrates our ability to deliver repeatable, high-quality projects that meet the evolving needs of the grid.”
Ilan Zidkony, CEO, Aprava Power, remarked, “La Salle Solar is a testament to Arava Power's momentum in the US market. Securing this 670 MWdc project strengthens our platform and underscores the seamless alignment between our team and OCI Energy. We are on track to break ground by year-end, further accelerating our mission to deliver large-scale, sustainable energy solutions.”
The project is expected to begin commercial operations in 2028, and at full capacity, it is expected to generate enough clean electricity to power approximately 100,000 homes.
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