The U.S.-based company will construct the plant in 2 phases, worth 125 MW and 45 MW, respectively, in Imperial County. It added that it has received full notice-to-proceed with the first phase.
Furthermore, according to a statement released, all major permits have been received, and Centinela has closed the required project financing. A 20 year power purchase agreement has also been signed with San Diego Gas & Electric for the generated electricity, which is expected to be enough to power over 60,000 homes.
When complete, it is expected that the project will be one of the first to be connected to the newly constructed Sunrise Powerlink Transmission Line. Construction on the line began in 2010 and was completed this June.