Doral Group Renewable Energy Resources Ltd.

PHILADELPHIA, Dec. 15, 2025 /PRNewswire/ -- Doral Renewables has secured a Power Purchase Agreement (PPA) for its 270 MWac Lambs Draw Solar Project in Decatur County, Kansas. Under the agreement, a leading U.S. corporation will purchase 100% of the facility's energy output and associated Renewable Energy Credits. This milestone reinforces Doral Renewables' momentum in expanding its contracted energy portfolio across the United States. LevelTen Energy, a leading provider of clean energy procurement solutions, supported the transaction by serving as the marketplace operator and platform provider connecting Doral Renewables and the buyer.

The Lambs Draw Solar Project, located in the Southwest Power Pool (SPP), continues Doral Renewables' tradition of building strong relationships with local communities and farmers. The company has already established connections with cultural institutions, schools, law enforcement, and first responders, and plans to expand its involvement as construction approaches.

"We are very grateful for the community support we have experienced in Decatur County," said Cliff Williams, Doral Renewables VP of Development and the leading developer on the Lambs Draw Solar project. "The Commissioners, the Oberlin-Decatur County Economic Development and the Oberlin-Decatur County Area Chamber have been a pleasure to work with on the Lambs Draw project."

The construction of the Lambs Draw Solar Project will represent one of the largest energy investments in the region, creating hundreds of jobs during construction for local and regional residents. By partnering with local businesses throughout the build, the project will inject new economic activity into Decatur County and strengthen the area's long-term growth prospects.

"This is yet another significant milestone for our company. We are proud to have earned the trust and confidence of another major customer," said Sean Boyle, Vice President of Markets at Doral Renewables. "Our approach to project development and community engagement, combined with our efforts to implement agrivoltaics practices across our portfolio, resonates with large corporations and farmers alike. It is a testament that when done right, every party involved in the project wins."

This transaction brings Doral Renewables' contracted energy generation to nearly 2 GW in total. It caps a strong year for the Philadelphia-based company, following a $1.5 billion project debt financial close and the beginning of construction on the remaining 900 MW of its Mammoth Solar project in Indiana, a tax equity financing for its Great Bend Solar in Ohio, an incremental $100 million corporate letter of credit facility, and an offtake agreement for its Cold Creek Solar project in Texas.

About Doral Renewables

Doral Renewables is a Philadelphia-based developer, owner, and operator of renewable energy assets throughout the United States. Our solar and storage development portfolio comprises nearly 18 GW, which includes 400 MW currently in operation and nearly 1.3 GW of solar and 340 MWh of Battery Storage under construction. Doral Renewables operates in 17 states and across five electricity markets. With a strong focus on community engagement, we aim to integrate agrivoltaics practices throughout our pipeline, creating additional opportunities for farming communities. Our team of global partners includes the Doral Group (TASE: DORL), Migdal Group (TASE: MGDL), Clean Air Generation, APG, and Apollo Funds. Learn more at doral-llc.com and follow us on LinkedIn and Facebook.

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SOURCE Doral Renewables LLC

Cohen was recognized by Goldman Sachs as one of the Most Exceptional Entrepreneurs, following Doral Renewables' breakthrough year, which included securing over $1.5b in project financing and a major Power Purchase Agreement

PHILADELPHIA, Oct. 17, 2025/PRNewswire/ -- This week, Goldman Sachs (NYSE:GS) recognized Doral Renewables' CEO, Nick Cohen, as one of the Most Exceptional Entrepreneurs of 2025 at its Builders and Innovators Summit in Healdsburg, California.

Goldman Sachs selected leaders from multiple industries to be honored at the two-day event. Cohen's selection follows a series of major milestones accomplished by Doral Renewables, including a $1.5b financial close for the remaining phases of its 1.3 GW Mammoth Solar project in Indiana, a Power Purchase Agreement for its 430 MW Cold Creek Solar project in Texas, a $100M Letter of Credit Facility closing and a $30M Tax Equity investment for the Great Bend Solar project in Ohio. In addition, the company announced a major partnership with the American Farmland Trust to expand its energy production and agriculture co-location efforts across its pipeline, a practice called agrivoltaics .

"I am honored to be recognized by Goldman Sachs for our company's efforts to drive energy dominance by injecting a large capacity of reliable, affordable energy into the grid, all while driving economic prosperity in our communities and supporting the return of heritage farming to family farms", said Cohen. "Joining a terrific group of leaders and visionaries and Goldman Sachs's discussion of the next growth engines of our economy is an opportunity I cherish and for which I am thankful. I am very optimistic for what's to come and excited to contribute my part".

"We are pleased to recognize Nick Cohen as one of the most exceptional entrepreneurs of 2025," said David Solomon, Chairman and CEO of Goldman Sachs. "The Doral Renewables team has not only built a successful enterprise, they are redefining industry paradigms. This year's Summit has brought together many of the best business minds to talk about harnessing the full potential of AI and building the next generation of businesses."

In its 14th year, Goldman's Builders and Innovators Summit remains the must-attend event for Founders and CEOs of high-growth companies. Previous honorees have gone on to lead multi-billion dollar companies, both in the private and public markets. In addition to honoring the most exceptional entrepreneurs each year, the Summit consists of general sessions and clinics led by seasoned entrepreneurs, academics and business leaders as well as resident scholars.

About Doral Renewables

Doral Renewables is a Philadelphia-based developer, owner, and operator of renewable energy assets throughout the United States. Our solar and storage development portfolio comprises nearly 18 GW, which includes 400 MW currently in operation and 950 MW under construction. Doral Renewables operates in 21 states and across seven electricity markets. With a strong focus on community engagement, we aim to integrate agrivoltaics practices throughout our pipeline, creating additional opportunities for farming communities. We have secured nearly $3 billion in long-term wholesale power purchase agreements with U.S. customers. Our team of global partners includes the Doral Group (TASE: DORL), Migdal Group (TASE: MGDL), Clean Air Generation, APG, and Apollo Funds. Learn more at doral-llc.com.

About Goldman Sachs

Goldman Sachs is a leading global financial institution that delivers a broad range of financial services to a large and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.

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SOURCE Doral Renewables LLC