National Grid Renewables has announced the execution of two power purchase agreements (PPAs) for its Blevins Solar Project (Blevins), a 270-megawatt (MW) development located in Falls County, Texas. Under the PPAs, Fujifilm has contracted 125 MW of solar, and Bristol Myers Squibb has contracted 145 MW of solar. Blevins is estimated to begin construction in 2024 and reach operations in 2025.

Including the Blevins project, National Grid Renewables has a total investment of nearly 1 gigawatt (GW) of renewable energy projects in ERCOT, including Great Plains Wind Farm, Noble Solar & Storage Project, and Copperhead Solar & Storage Project. Additionally, Blevins is the second National Grid Renewables project located in Falls County, marking a significant commitment to bringing clean energy and associated benefits to local residents. Blevins is anticipated to benefit local and statewide communities through the production of millions of dollars in new tax revenue and landowner income, the creation of new jobs, and local spending.

The project community will also benefit from a dedicated charitable fund, which is unique to National Grid Renewables amongst its competitors. In total, Blevins' direct economic impact is estimated to reach approximately $35 million over the first 30 years of operation. Bristol Myers Squibb's (BMS) longstanding commitment to environmental responsibility includes working with partners to help achieve its goals.

For this project, Bristol Myers Squibb worked with Edison Energy, LLC as an independent advisor, providing renewables market expertise and analytics support, which allowed BMS to assess long-term implications of its investment. Fujifilm engaged World Kinect Energy Services to identify renewable energy projects that would accelerate their corporate strategy to cover 100% of the company's total electricity consumption with green energy in the United States and Canada. A great example of the power of partnerships, this project is the culmination of the creative and collaborative work from all involved and helps build momentum for Fujifilm's achievement of their renewable energy and CO2 emissions reduction goals.