X-ELIO powers on Texas solar-and-storage plant that will supply BASF
Freeport operations
 The Liberty Energy project has 72 MW of solar PV capacity and 60 MW of
battery storage capacity
 Key milestone in achieving 100% renewable energy supply for BASF
Freeport’s expected purchased power needs
FREEPORT, TX and DAYTON, TX, September 24, 2025 – X-ELIO has officially
launched operations at its Liberty Energy Project in Dayton, Texas. The Liberty project,
which combines 72 MW of solar photovoltaic (PV) capacity with an additional 60 MW of
battery storage capacity, is X-ELIO’s first combined solar PV and battery energy storage
system (BESS) project in the United States. With Liberty now operational, 100% of the
expected imported power at BASF’s Freeport site will be supplied by renewable energy.
The inauguration ceremony at the Liberty site brought together representatives from
both companies, along with key stakeholders including institutional representatives,
project partners, and members of the local community who have partnered with X-ELIO
through its Community & Nature Plan Program.
“The inauguration of the Liberty Project marks an important milestone in our journey
toward more sustainable operations and enabling the green transformation of our

customers,” said Brad Morrison, Senior Vice President and General Manager at BASF
Freeport. “Thanks to our partnership with X-ELIO, we are able to supply 100% of our
expected purchased power at our Freeport site from renewable sources. This project
supports our long-term commitment to net-zero emissions by 2050 and reflects the kind
of collaboration needed to build a cleaner, more resilient energy future.”
BASF will source 48 MW of electricity from the Liberty Project to help power its Freeport
site as part of a 12-year Power Purchase Agreement (PPA) announced in 2022.
Freeport is one of BASF’s six global Verbund sites, which takes an integrated approach
to manufacturing, raw materials and energy management.
“The Liberty Project represents a major step in our planned expansion in the U.S., a key
market for X-ELIO,” said Lluís Noguera, Chairman and CEO at X-ELIO. “We are
currently developing a pipeline of 2.8 GW of solar PV and 2.1 GW of storage projects to
advance competitive energy solutions, support local communities, and power a growing
American economy.”

"This Project exemplifies how X-ELIO creates high-quality projects that ensure cost-
effective and reliable energy, providing significant value to our partners” said Kerri

Neary, Country Manager of X-ELIO in the U.S. “We take pride in supporting BASF and
playing a role in the economic and social development of Texas, establishing a
benchmark for future projects both within the state and beyond".
Social and local commitment
Under the umbrella of its Community & Nature Plan Program, X-ELIO remains
committed to supporting local communities and organizations throughout the lifecycle of
its projects. In coordination with local partners in the county, the company has
undertaken several initiatives to benefit the surrounding neighborhoods.
These include the creation of the Dwelling Garden in Liberty, a shared green space for
the community to gather; the construction of a boardwalk at Kleb Woods Nature
Preserve, improving accessibility for people with reduced mobility, families with children,
and all community members; and the restoration of the drainage system at the Liberty

Food Bank, enhancing safety and enabling the organization to better serve families in
need. X-ELIO has also launched a marketing campaign to recruit volunteers for Meals
on Wheels, further supporting the local community.

About BASF
BASF Corporation, headquartered in Florham Park, New Jersey, is the North American affiliate of BASF
SE, Ludwigshafen, Germany. BASF has approximately 16,000 employees in North America and had
sales of $19.7 billion in 2024. For more information about BASF’s North American operations, visit
www.basf.com/us.
At BASF, we create chemistry for a sustainable future. Our ambition: We want to be the preferred
chemical company to enable our customers’ green transformation. We combine economic success with
environmental protection and social responsibility. Around 112,000 employees in the BASF Group
contribute to the success of our customers in nearly all sectors and almost every country in the world. Our
portfolio comprises, as core businesses, the segments Chemicals, Materials, Industrial Solutions, and
Nutrition & Care; our standalone businesses are bundled in the segments Surface Technologies and
Agricultural Solutions. BASF generated sales of €65.3 billion in 2024. BASF shares are traded on the
stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the United States.
Further information at www.basf.com.
About X-ELIO
X-ELIO, a Brookfield-owned company, specialized in the development of renewable energy projects with
a global presence in Spain, Italy, Germany, the United States, Japan, Australia, Latin America and the
Middle East. With 20 years of experience and more than 3 GW built, this world-leading company is
strongly committed to sustainability.
For more information, please visit our website at www.X-ELIO.com, our LinkedIn profile
at https://www.linkedin.com/company/x-elio, or our X profile at https://X.com/X_Elio.