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Leeward Renewable Energy Celebrates Groundbreaking of the Horizon Solar Project in Southwest Texas

June 15, 2022

200-Megawatt Solar Facility Brings Significant Benefits to Frio County and Provides Emission-free Energy to Verizon

DALLAS – June 15, 2022 – Leeward Renewable Energy (“LRE” or “Company”) today announced the beginning of construction of the 200-megawatt (MW) Horizon Solar project near the city of Pearsall in Frio County, Texas. A groundbreaking ceremony was held earlier today.

The project will create approximately 400 construction jobs, and the Company is committed to hiring local qualified workers. In addition to job creation, Horizon Solar will provide numerous benefits to the local community, including significant economic investment, approximately $30 million in tax payments for the County and schools, and 500,000 MWh annually of emission-free renewable energy. The project is expected to reach commercial operation by the fourth quarter of 2023.

“We are pleased to begin construction at our Horizon Solar project,” said Omar Aboudaher, LRE’s vice president, development. “Today marks another important milestone in the development of the 200-MW Texas solar facility, bringing LRE one step closer to providing clean, renewable energy. We thank the community and officials of Frio County for their support and look forward to a long-term partnership.”

“The Horizon Solar project represents meaningful progress for Frio County,” said Hon. Arnulfo C. Luna, Frio County Judge. “The economic impact to our County and schools will make a real difference to our community. We’re proud and excited to welcome Horizon Solar to our community.”

LRE previously announced four 15-year Renewable Energy Purchase Agreements with Verizon Communications Inc. (“Verizon”), through which Verizon will purchase the energy generated at Horizon Solar, in addition to energy generated by three other LRE projects. Horizon Solar will also provide reliable, renewable energy, and offset the equivalent emissions of more than 40,000 average Texas households. The project will include solar components from leading American-based companies, including solar modules from First Solar and smart solar tracker solutions from NexTracker.”

“At Verizon, we are committed to reducing our impact on the planet through proven sustainable and socially responsible strategies and programs,” said James Gowen, Verizon’s chief sustainability officer and senior vice president, global supply chain. “The latest development in our work with LRE helps build a greener U.S. energy grid, and the Horizon Solar project facility is another key component on our way to achieving net zero emissions in our direct operations by 2035.”

Once completed later next year, Horizon Solar will be LRE’s second operational solar project in Texas where the company is currently operating the 30-MW Barilla Solar project. In total, LRE will have over 1,200 MW of contracted solar projects in operation by end of 2023 and has approximately 16 gigawatts of solar projects in development and construction. The company is well-positioned to grow its renewable energy platform at an accelerating pace, prioritizing safety and responsible development.

About Leeward Renewable Energy, LLC

Leeward Renewable Energy is a leading renewable energy company that owns and operates a portfolio of 22 renewable energy facilities across nine states totaling approximately 2,000 megawatts of generating capacity. LRE is actively developing and contracting new wind, solar, and energy storage projects in energy markets across the U.S., with 1.9 gigawatts contracted and 20 gigawatts under development and construction spanning over 100 projects. LRE is a portfolio company of OMERS Infrastructure, an investment arm of OMERS, one of Canada’s largest defined benefit pension plans with C$121 billion in net assets (as at December 31, 2021). For more information, visit www.leewardenergy.com.

For more information:

Kelly Kimberly

713.822.7538

Liz James

281.881.5170

Sard Verbinnen & Co.

Leeward-SVC@SARDVERB.com

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What Our People Say About LRE

I like being on a team that is developing ideas and technology to diversify the way we use our planet’s energy and resources.

Carol K

Involvement in new projects, new challenges, and team work.

Bent K

The energy transition represents a rare and exciting moment to reimagine something fundamental to the way we live.

Robert K

Opportunities to make an impact and see the results of your work.

Ronald G

The focus on safety and making field work safer.

C.J. H

Coming from the military, camaraderie was important and there is plenty of that here.

Chase G

LRE strives to meet the goals of renewable needs throughout the US and is continuously seeking opportunities to expand its portfolio.

Kory F

LRE has a great group of people focused on getting the job done.

Greg F

I want to work for a company that will have a positive effect on the world.

Corey D

I choose to work in renewable energy because it is a growing industry and good for the environment.

Leena C

I am interested in making our planet a better and less polluted environment for ourselves and for future generations.

Lindy B

I want my work to have a positive impact on the world.

Joseph B

I love working at LRE because everyday is a new opportunity to make a positive impact on the world.

Jason A

I enjoy working in Human Resources for a renewable energy company that is helping to sustain a better future for the next generation.

Chelsea L

To do my part in providing the next generation with environmentally friendly sustainable energy.

Sam M

I have the support from managers and leaders to develop and implement new ideas.

Brandi M

It is exciting to be a part of an emerging industry that we have already seen changing the world.

Kelly P

An environment that creates the perfect work/life balance while maintaining excellent business ethics and professional growth for employees.

Alexandria P

I joined LRE because it was committed to growing and the opportunity set for my career was large and well defined.

Massimo P

An opportunity to learn and grow professionally across legal, financial, engineering, construction, O&M, and other areas of expertise.

Paul P

LRE has a tight knit strong team culture, allowing for access to everything needed for personal and professional growth.

Kyle R

I wanted to be in a growing industry where the future holds a wide variety of opportunities and helps the environment.

Kazi R

I chose the renewable energy field because I’ve always wanted to be part of a shift from fossil fuels to clean energy.

Jonathan S

I decided the best way for me to make an impact on reducing the effects of climate change was for me to work in renewable energy.

Candace W

I chose the field of renewable energy 36 years ago due to my interest in cleaning up the environment, particularly the air quality.

Duane Y

I am passionate about the outdoors and the environment. And I love that I can tell my kids that LRE is part of the solution.

Tedd M

I am proud to work at LRE because I truly believe we make a positive impact on the climate and communities we live in.

Karla B

I’ve always been passionate about protecting the planet and everyone in it which is what makes working for LRE so rewarding.

Evelyn Z

Knowing that I am helping build projects that will contribute to the world’s need for renewable energy motivates me every day.

Joe G

What motivates me are the great people LRE has across all disciplines and aspects of projects leading growth in the renewable energy industry.

Kelly I

I am proud to work at LRE and be part of an established team with a proven track record of operational excellence.

Mark D

I’m a believer in renewable energy and am proud to work for a company that strives to make a positive impact in our communities and world.

Mark H

The work I do directly impacts the company and its ability to provide renewable clean energy to the country.

Olay M

I am motivated by working with a great team and delivering renewable energy while reducing environmental and community impacts.

Chris M

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