The clean energy business unit of Capital Dynamics signed an agreement with energy developer Tenaska to develop a portfolio of greenfield solar projects in the midwestern U.S.

The agreement covers 14 solar projects with around 2,000 megawatts in the Midcontinent Independent System Operator (MISO) market. The portfolio represents a share of all solar projects currently in the MISO North interconnection queue, with projects in Michigan, Missouri, Illinois, Wisconsin, Indiana and Minnesota.

Switzerland-based Capital Dynamics ranks as one of the largest owners of solar projects in the U.S., managing $4.9 billion in assets and 3.1 gigawatts of generating capacity in the U.S. and Europe.

Omaha, Nebraska-based Tenaska has developed more than 10,000 MW of natural gas-fueled and renewables power projects, including two utility-scale solar projects in Southern California in which Capital Dynamics is an investor. Tenaska has advanced and mid-stage projects in the Midwest, as well as a majority investment in Soltage LLC, a distributed solar generation company based in New Jersey.