Bellefield 2 Solar & Energy Storage Farm
Avantus completed the sale of the two-phase Bellefield solar-plus-storage project in Kern County, California to AES Corporation; phase two comprises up to 500 MW of solar and 500 MW of four-hour battery storage.
1,000MW
Capacity
Hybrid
Technology
CA
Location
Deal Details
- Deal Type
- Project acquisition
- Seller / Sponsor
- Avantus
- Buyer / Financier
- AES Corporation
- Deal Value
- Undisclosed
- Stage
- construction
- ISO/RTO
- CAISO
- Source
- Business Wire
Related Deals
sPower — largest US independent utility-scale solar IPP (1.3 GW operating + 10 GW pipeline; 75+ utility-scale solar/wind projects in 11 states)
Fir Tree Partners → AES Corporation + Alberta Investment Management Corporation (AIMCo) — 50/50 JV
$1.6B ($853M cash + $724M assumed non-recourse debt)
AES Clean Energy formation — sPower 1.3 GW operating + 12 GW pipeline merged with AES US clean energy
AES Corporation (75% future) + AIMCo (25% future)
13,300 MW
AES community solar portfolio — 215 MWdc / ~30 projects in NY, MA, IL
AES Corporation → Silicon Valley Bank (lead), KeyBank, Nomura
$301M
Bellefield Solar and Energy Storage Farm
Avantus → AES Corporation
1,000 MW
Bellefield Solar and Energy Storage Farm
AES Corporation → Amazon
500 MW
WGL Holdings — Washington Gas Light + non-regulated power/marketing/midstream
AltaGas Ltd.
C$8.4B (~$6.4B USD; $88.25/share cash)
Leadership at the Counterparties
Recent executive moves at the firms named in this deal.
Get deals like this in your inbox
Free weekly clean energy deal intelligence. Every Monday.