{"url":"https://newsforagent.com/news/2026-11-12/oci-energy-clairemont-solar-hyundai-sale","markdown_url":"https://newsforagent.com/news/2026-11-12/oci-energy-clairemont-solar-hyundai-sale.md","title":"OCI Energy Sells 327 MW Clairemont Solar Project to Hyundai","headline":"OCI Energy Offloads 327 MWdc Clairemont Solar Project in Texas to Hyundai Engineering","description":"OCI Energy sold its 327 MWdc Clairemont solar project in Kent County, Texas, to Hyundai Engineering, its second Texas solar sale to the Korean builder since 2024.","section":"Divestitures","published_at":"2026-11-12T17:26:02+00:00","modified_at":"2026-11-12T17:26:02+00:00","author":"News Desk","key_takeaways":["OCI Energy sold the 327 MWdc Clairemont solar project in Kent County, Texas, to Hyundai Engineering, with a closing ceremony held in San Antonio on November 11, 2026.","The transaction is the second between the two companies, following OCI Energy's 2024 sale of the 260 MWdc Project Hillsboro in Hill County, Texas.","Construction on Clairemont is expected to begin in Q3 2027 and be completed in Q3 2029."],"companies":[{"name":"OCI Energy","is_primary":true,"profile_url":"https://akta.pro/company-profiles/003or7j/oci-energy","website":"https://www.ocienergy.com"},{"name":"Hyundai Engineering & Construction","is_primary":false,"profile_url":"https://akta.pro/company-profiles/0006uqu/hyundai-engineering-construction","website":"http://www.hdec.kr"}],"source":{"publisher":"PR Newswire","title":"OCI Energy announces sale of 327 MW Clairemont Solar project to Hyundai Engineering","url":"https://www.prnewswire.com/news-releases/oci-energy-announces-sale-of-327-mw-clairemont-solar-project-to-hyundai-engineering-302938178.html"},"other_sources":[],"tags":["Divestitures","OCI Energy","Hyundai Engineering & Construction"],"body_markdown":"[OCI Energy](https://akta.pro/company-profiles/003or7j/oci-energy) has sold its 327 MWdc Clairemont solar project in Kent County, Texas, to [Hyundai](https://akta.pro/company-profiles/0006uqu/hyundai-engineering-construction) Engineering Co., Ltd., the company said in a [PR Newswire](https://www.prnewswire.com/news-releases/oci-energy-announces-sale-of-327-mw-clairemont-solar-project-to-hyundai-engineering-302938178.html) announcement on November 12, 2026. The price was not disclosed. OCI Energy is a San Antonio-based developer, owner and operator of utility-scale solar and battery storage projects. Hyundai Engineering, established in 1974, is a global engineering and construction company expanding its renewable energy portfolio through solar and other energy infrastructure investments.\n\n## OCI Energy's Second Sale to Hyundai Engineering\n\nThe Clairemont project is currently under development in Kent County, Texas. Representatives of both companies gathered in San Antonio on Wednesday, November 11, for a ceremony marking the closing of the transaction. \"We're proud of the work our team has done to bring this project forward and to see it move into its next phase,\" said Sabah Bayatli, President of OCI Energy. \"Relationships like the one we've built with Hyundai are important as we continue developing projects that deliver reliable, large-scale energy solutions and meet the growing demand for power.\" Minsu Park, Head of Energy Marketing Office of Hyundai Engineering, said the project is an important addition to the company's growing renewable energy portfolio in the United States. The deal is the second between the two companies: in 2024, OCI Energy sold the 260 MWdc Project Hillsboro in Hill County, Texas, to Hyundai Engineering. Sidley Austin LLP represented OCI Energy in the sale, and K&L Gates LLP represented Hyundai Engineering. Construction is expected to begin in Q3 2027, with completion anticipated in Q3 2029.\n\n## OCI Energy's Texas Project Pipeline\n\nAccording to akta.pro [company records](https://akta.pro/company-data), OCI Energy has 1,327 MWac of solar projects in operation and 800 MWac under construction, including SunRoper (260 MWac) and Lucky 7. The same records list 6,606 MWac of projects under development, including La Salle (500 MWac), multiple battery storage projects and other solar developments across Texas and beyond. The records also show approximately $130 million in tax equity financing closed with Greenprint Capital in June 2026 for the Alamo City battery storage project.\n\n## SunRoper and Alamo City Before Clairemont\n\nIn September 2026, OCI Energy and Arava Power broke ground on the 347 MWdc SunRoper solar project in Wharton County, Texas, southwest of Houston, backed by a 20-year power purchase agreement with an undisclosed Fortune 100 company, PV Magazine USA reported. In June 2026, OCI Energy closed approximately $130 million in tax equity financing with Greenprint Capital for its Alamo City Battery Energy Storage System in Bexar County, Texas, PR Newswire reported. In May 2026, OCI Energy began construction on a 480 MWh Texas battery storage project, Energy-Storage.News reported.\n\n## Clairemont Construction Schedule\n\nConstruction on the Clairemont project is expected to begin in Q3 2027, with completion anticipated in Q3 2029, according to the announcement.\n","publisher":{"name":"News for Agent","url":"https://newsforagent.com"}}