Eastern Power Solutions Advances CNMI Energy Project With Signed CUC Agreement

Eastern Power Solutions Advances CNMI Energy Project With Signed CUC Agreement

Approximately $250 million investment expected to create nearly 150 jobs across Saipan, Tinian and Rota

SAIPAN, CNMI, November 10, 2026 — Eastern Power Solutions (EPS) has received a signed Power Purchase Agreement (PPA) from the Commonwealth Utilities Corporation (CUC), advancing a renewable energy project expected to bring approximately $250 million in investment and nearly 150 jobs to Saipan, Tinian and Rota.

Upon completion, the project is expected to supply CUC with approximately 72 megawatts (MW) of power across the CNMI, including approximately 10 MW for Tinian and 5 MW for Rota. EPS is targeting completion of the solar farm component by December 31, 2027, and overall project completion in the third quarter of 2028.

“This project is about much more than generating electricity. It is about investing in the people and future of the CNMI,” EPS CEO Daniel Myung said.

EPS plans to prioritize qualified CNMI residents for roles including electrical engineers, technicians, solar photovoltaic installers and construction personnel. The recruitment effort is expected to expand employment opportunities across all three islands, including Tinian and Rota, where opportunities can be more limited.

The company also expects to purchase materials and supplies from CNMI businesses wherever practical and engage local vendors, contractors and service providers, using off-island suppliers for specialized needs.

EPS has engaged professionals to conduct environmental and power-generation studies required by CUC’s Request for Proposals and is finalizing equipment, material and supply requirements to support development and construction.

The project is being planned with super-typhoon conditions in mind to strengthen energy resilience and support dependable power and recovery after major storms. EPS will continue working with CUC, regulatory agencies, community stakeholders and project partners as development advances.

About Eastern Power Solutions

Eastern Power Solutions develops reliable, sustainable energy infrastructure while supporting local employment, workforce development and economic growth in the communities it serves.