The non-utility-owned solar power project, located in Cumberland County, consists of approximately 53,000 solar panels constructed on a 100-acre site.

LRE also has formed a partnership with Samsung C&T Corp to further advance its business plan in US renewable energy.

LRE and Samsung C&T have formed a 50-50 joint venture company named Monument Power.

The partnership combines LRE’s project-development capability with Samsung C&T’s expertise in engineering, procurement, construction and operation of major infrastructure.

LRE develops utility-scale solar and wind power projects from greenfield concept to commercial operation.