Qualitas Energy Acquires 164 MWp Solar PV Development Project in Illinois from Bechtel Enterprises
Qualitas Energy has acquired a 164 MWp development-stage solar PV project in Illinois, USA from Bechtel Enterprises, through Qualitas Energy Fund VI. Fully permitted with 100% site control, the project is located in the MISO market with NTP expected Q2 2028 and COD targeted Q3 2029. The project also offers potential for up to 64 MWac of co-located battery storage.
Transaction date: · Source: qualitasenergy.com
Key facts
- Transaction date
- Technology
- Solar PV, Battery Storage (BESS)
- Capacity
- 164 MW
- Transaction price
- Not disclosed
- Buyer
- Qualitas Energy
- Seller
- Bechtel Enterprises
- Country
- United States
- Region
- Illinois
- Location
- Illinois, MISO market, USA
- Continent
- North America
- Development status
- Under Development
- PPA
- n.a.
Technology details
164 MWp solar PV project, fully permitted with 100% site control. Located in the MISO market with access to both Minnesota and Illinois hubs. Notice to Proceed (NTP) expected Q2 2028, with Commercial Operation Date (COD) targeted for Q3 2029. Additional value creation potential through future integration of up to 64 MWac of battery energy storage capacity, supporting a potential bundled solar-plus-storage PPA.
Additional information
Second investment under Qualitas Energy Fund VI, following the 376 MWp Polish solar portfolio acquisition announced in April 2026. Project received unanimous county approval as part of the permitting process and benefits from strong local community support. Offtake optionality spans corporate and industrial customers, hyperscalers, utilities and public renewable energy procurement programmes. Qualitas Energy was advised by Norton Rose Fulbright (legal), Sargent & Lundy (technical) and Leo Berwick (financial and tax).
Source
Original announcement: https://qualitasenergy.com/news/qualitas-energy-acquires-164-mwp-solar-pv-project-in-the-united-states/