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News & Updates

What We've Been Up To

From the Media

Picture1222 08/10/2023

Proposed Portage County solar farm expects to begin approval process this fall

Doral Renewables has about 8,500 acres under contract for the project, known as the Vista Sands Solar Project, said Eric Callisto of the law firm Michael Best & Friedrich. The law firm is acting as an outsi...
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esn 05/15/2023

BP and Doral Renewables Executives Join Energy Systems Network Board of Directors

Energy Systems Network (ESN), Indiana’s industry-driven advanced energy and transportation initiative, elected two new members to its board of directors. Damian Bilbao, Vice President of U.S. low-carbon ventu...
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Picture1AA 04/30/2023

Mammoth Solar is Helping Local Businesses in Unexpected Ways

As the owner and chef of Maggie Lu’s Market Catering Company in North Judson, I am fortunate enough to experience first-hand what makes our community so special. From talking to people as we pass on the stree...
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Billy Bope op ed 04/28/2023

Ag, Energy Collide in Starke Co., Creating a Bright Future for Northwest Indiana

An Op-Ed by Billy Bope, Landowner, Mammoth North Solar ...
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Evan 04/25/2023

Gigawatts of Solar and Wind Power: Hear from Doral Renewables CFO, Live From NYSE

IPO Edge hosted a fireside chat from the floor of the New York Stock Exchange with Evan Speece, CFO of Doral Renewables joined IPO Edge hosted a fireside chat from the floor of the New York Stock Exchange....
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Picture99 02/23/2023

Doral Renewables Pledges $15,000 to West Central School Corporation

Doral Renewables announced its pledge to support the West Central School Corporation with a large donation. The company donated $15,000 to fund various student-focused programming and local initiatives. The ges...
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AAA2 02/07/2023

Solar Panels Are the Midwest’s New Cash Crop as Green Energy Booms

Ohio and Indiana — two Republican-led US states long dependent on coal power — are on the verge of solar-farm booms so staggering that their respective buildouts between now and 2027...
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Picture144 01/15/2023

Op-Ed: Mammoth Solar Provides Energy, Opportunity For Indiana

The northwest parts of our state are undergoing a transformation and attracting investment like never before. Among the most exciting elements of this renewal is our capacity to lead the way in developing renew...
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MAMMOT~2 12/24/2022

Largest Solar Farm in the Country Moves Forward in Northern Indiana

Much of the farmland surrounding the town of Knox laid dormant after this year’s harvest. However, just across the road thousands of metal frames stood in tidy rows, ready for an entirely different kind o...
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Picture11 11/21/2022

Doral Renewable’s CFO Walks Through USD 1.1bn Capital Raise on Late-Stage Projects and Long-Term Pipeline

“If we had utilized a traditional auction process, it would not have resulted in us efficiently obtaining the benefit of tax equity and LC coverage as part of the overall transaction,” said Evan Speece, CFO...
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2022 Doral Mammoth Solar Ground Breaking-413 11/03/2022

Doral Renewables Launch Mammoth South Solar

Doral Renewables LLC hosted a ceremonial event Thursday in the Pulaski County town of Francesville, Indiana to mark the start of construction on the second phase of Mammoth Solar, a $1.5 billion, 1.3 GW solar f...
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ddd 10/18/2022

Doral Renewables Secures Up To $1.1 Billion Of Growth Capital

Doral Renewables LLC, a leading renewable energy developer, announced today that it has entered into an agreement to sell up to $500 million of convertible notes to funds managed by Apollo (NYSE: APO) affiliate...
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Picture6 08/04/2022

CVS Advances Sustainability Efforts Through Purchase of Renewable Energy From Mammoth Central

Through this agreement, CVS Health will receive renewable energy and renewable energy certificates equal to a 42-megawatt share of the Mammoth Central solar facility, the third and final phase of Doral Renewabl...
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Picture7 06/23/2022

Bank of America to Buy Green Electricity Generated at the Mammoth Central Solar Project

The new 160-megawatt offsite renewable energy agreement will help Bank of America reduce its carbon footprint by more than 95,000 metric tons annually by sourcing energy from Mammoth Central, the third phase of...
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Picture111 06/14/2022

Doral Closes Financing for 400 MW Mammoth North Project in Indiana

Doral Renewables LLC has successfully closed construction project financing for Mammoth North, the first phase of the Mammoth Solar project. Mammoth North is located on 4,500 acres in Starke County, IN, in the ...
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August 2022_7 05/05/2022

Mammoth Solar First Phase Enters Construction

Doral Renewables LLC has signed an Engineering Procurement and Construction Agreement with SOLV Energy for the Mammoth Solar project in northwest Indiana. This deal represents the plan to build the solar farm...
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30 04/06/2022

Doral Renewables LLC Appoints Tyrone Thomas as General Counsel

Doral Renewables LLC welcomes Tyrone H. Thomas, Jr. as General Counsel. Tyrone has broad strategic and transactional experience within the renewable energy industry, having most recently served as both Head of ...
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Walorski at Mammoth 3 02/25/2022

US Congresswoman Jackie Walorski Tours Mammoth Solar Project

Community leadership in Starke and Pulaski counties hosted Congresswoman Jackie Walorski at the Mammoth Solar project site. The Congresswoman also took part in a roundtable discussion with local landowners and ...
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Picture88 01/31/2022

Migdal Expands Investment in Doral Renewables’ Mammoth Solar

Migdal insurance is expanding its strategic partnership with Doral Renewables LLC by committing an additional amount of up to $75 million in the second phase of the company’s Mammoth Solar project in northwes...
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Picture23 12/22/2021

Doral acquires Georgia Solar Project from Avangrid

Doral Renewables LLC announced that it has acquired the 150 MW Brenneman Solar Project from AVANGRID, Inc. The project is being constructed in Macon County, Georgia, located in the Southeastern Electric Reliabi...
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48-D21A 09/16/2021

Doral Renewables LLC Appoints Evan Speece as Chief Financial Officer

Doral Renewables LLC (Doral LLC), a developer and operator of clean energy generation assets, welcomes Evan Speece as Chief Financial Officer (CFO). Evan has deep energy finance and transactional experience, ha...
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5 02/09/2021

Former Israeli Mossad Chief, Yossi Cohen, Appointed as Director at Doral Renewables LLC

Mr. Yossi Cohen, former Head of Israeli Mossad, the national intelligence agency of Israel, was appointed today as a Director at Doral Renewables LLC (Doral LLC), the U.S subsidiary of Doral Group, a leading Is...
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Picture15 08/09/2021

AEP Energy And Doral LLC Execute Additional Solar Power Purchase Agreement In PJM

AEP Energy, one of the largest electric energy wholesale suppliers in the U.S., and Doral Renewables LLC have signed an additional long-term renewable energy purchase agreement for the second phase of the Mammo...
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Picture4 05/03/2021

Doral Renewables Executes 400 MW PPA with AEP In PJM

AEP Energy, a subsidiary of American Electric Power and one of the largest electric energy wholesale and retail suppliers in the U.S. Doral LLC announced the signing of a long-term renewable energy purchase agr...
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66 05/03/2021

Migdal will Invest Approximately $355 Million in Doral Renewables LLC

A substantial investment transaction for Migdal Insurance, Israel’s largest insurance company and pension manager in Doral LLC. The transaction outline includes an investment of approximately $110 million, i...
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