Core Insights - X-ELIO has launched its Liberty Energy Project in Dayton, Texas, which combines 72 MW of solar photovoltaic capacity with 60 MW of battery storage capacity, marking its first combined solar PV and battery energy storage system project in the U.S. [1][3] - The project will supply 100% of the expected power at BASF's Freeport site from renewable energy, supporting BASF's commitment to net-zero emissions by 2050 [3][7]. Company Developments - The Liberty Project is part of a 12-year Power Purchase Agreement (PPA) between BASF and X-ELIO, where BASF will source 48 MW of electricity from the project [3]. - X-ELIO is developing a pipeline of 2.8 GW of solar PV and 2.1 GW of storage projects in the U.S. to advance competitive energy solutions [3]. Community Engagement - X-ELIO's Community & Nature Plan Program includes initiatives such as the creation of a shared green space, construction of a boardwalk for improved accessibility, and restoration of the drainage system at the Liberty Food Bank [4][5]. - The company is also actively recruiting volunteers for local initiatives like Meals on Wheels, demonstrating its commitment to social responsibility [5]. Financial Overview - BASF Corporation reported sales of $19.7 billion in 2024, indicating a strong financial position to support sustainable initiatives [6]. - BASF generated sales of €65.3 billion in 2024, showcasing its global market presence and commitment to sustainability [8]. Company Background - X-ELIO, a Brookfield-owned company, specializes in renewable energy project development with a global presence and over 3 GW built [9]. - BASF operates as a leading chemical company with a focus on enabling customers' green transformation [8].