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Properties

FPL buys almost thousand acres!!

By
Cashflow In Miami
on
March 8, 2021

Southern blvd North and West of canal L8

FPL buys  almost thousand acres!!

Florida Power & Light paid $17.9 million for 969 acres in western Palm Beach County, where it will likely build a solar farm.

The energy company acquired the property on the former site of the historic Moss Ranch, west of the L-8 Canal and north of Southern Boulevard. Kinston, North Carolina-based International Farming Corp. sold the property!

FPL has launched a huge initiative to expand its solar production. The company has a ’30-by-30’ plan, with a goal of installing 30 million solar panels by 2030, according to its website. FPL serves more than 10 million people across the state of Florida.

In June 2018, FPL paid $10 million for a 400-acre site in the western edge of Palm Beach County for a solar farm. FPL purchased the property from Minto Communities, which is developing Westlake, a 4,500-home master-planned community.

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