Solverde 1
The California Department of Water Resources holds a 20-year contract-for-difference power purchase agreement for the output of the Solverde 1 solar facility near Lancaster, developed by sPower.
85MW
Capacity
Solar
Technology
CA
Location
Deal Details
- Deal Type
- Utility PPA
- Seller / Sponsor
- sPower
- Buyer / Financier
- California Department of Water Resources
- Offtaker
- California Department of Water Resources
- Deal Value
- Undisclosed
- Stage
- operating
- ISO/RTO
- CAISO
- Source
- pv magazine USA
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)
Pleinmont I Solar — 157.5 MW solar, Spotsylvania County, Virginia (PJM)
sPower (AES/AIMCo) → Microsoft
Pleinmont II Solar — 157.5 MW solar, Spotsylvania County, Virginia (PJM)
sPower (AES/AIMCo) → Microsoft
SCDA Solar 1 (Sacramento Airport PV) has North and East site — Solar project, CA (CAISO), 6.800000000000001 MW, COD 2017.
Corporate
Marin Clean Energy Solar One (Richmond Solar Project) — Solar project, CA (CAISO), 10.5 MW, COD 2017.
Public Utilities
Amazon Wind Farm Texas / Dermott Wind — 253 MW onshore wind, Scurry County, Texas (ERCOT). Original PPA signed Sept 2015 with Lincoln Clean Energy; LCE acquired by Ørsted Aug 2018. Project COD October 19, 2017.
Lincoln Clean Energy (acquired by Ørsted Aug 2018) → Amazon
Get deals like this in your inbox
Free weekly clean energy deal intelligence. Every Monday.