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Ingka Group invests in two solar PV projects totaling 403MW in Utah and Texas

Ingka Group, a holding company based in the Netherlands that owns and operates IKEA retail under franchise agreements with Inter IKEA Systems B.V., announced it has reached an agreement with Copenhagen Infrastructure Partners (CIP) to acquire a 49% stake in two solar PV projects in Utah and Texas. With a total of 403 megawatt capacity this development ranks among the larger Solar Photovoltaic (PV) projects in the United States.

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