California-based EDF Renewable Energy (EDF RE) has agreed to sell two solar projects with a combined 57 MW to U.S. energy company Dominion.
The two California projects include the 32.6 MW Cottonwood Solar and 24.3 MW Catalina Solar 2. Cottonwood consists of three sites, two of which are ground-mounted installations located on private land in the central California counties of Kern and Kings totaling 31.6 MW (23 MWac) of capacity. The third site is a 1 MW (1 MWac) carport structure to be built in Marin County. The project has secured a 25-year power purchase agreement (PPA). Catalina, located on 270 acres in the Mojave Desert of Kern County, is designed as a 24.3 MW (18 MWac) PV horizontal single axis tracker project and has secured a 20-year PPA. Construction on both projects is scheduled to begin the fourth quarter with commercial operation expected to start in the second quarter of 2015.
"We are glad to extend our relationship with Dominion, having first worked together on the sale of CID Solar in May 2014," said Raphael Declercq, EDF Renewable Energy's director of Divestiture and Portfolio Management.
The sale brings the total of projects EDF RE has sold to Dominion to 84 MW, Declercq said.
"Cottonwood and Catalina Solar 2 offered an ideal opportunity to do ‘repeat business' with a leading energy player like Dominion, whose willingness to grow in solar matches our ambition to develop more solar PV projects in the Southwest United States," he added.
The deal, which remains subject to customary conditions precedent, will close upon completion of installation, after which EDF RE will manage the commissioning and place the projects in service.
EDF RE is one of the largest renewable energy developers in North America with 5.7 GW of wind, solar, biomass and biogas projects developed.
Dominion is one of the largest producers and transporters of energy in the U.S., with a portfolio of some 23.6 GW of generation and thousands of kilometers of natural gas transmission, gathering and storage pipeline, and electric transmission lines.
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