Radford Solar (West Texas 150 MWac PV)
Approved by Austin City Council Dec 14 2017. PPA estimated at $10-12M/yr for 15 yr; reported price range 2.35-2.725¢/kWh, potentially as low as 2.1¢/kWh — historic-low US solar PPA at signing. 1,700-acre lease, ERCOT interconnection. Project upsize option to 180 MWac. Disclosed PPA strike price reported in primary source. Discovered via DealFlow research sweep (agent: ercot-munis-coops).
Deal Value
150MW
Capacity
Solar
Technology
TX
Location
Deal Details
- Deal Type
- Corporate PPA
- Seller / Sponsor
- Intersect Power (IPREH JV with Macquarie)
- Buyer / Financier
- Austin Energy
- Offtaker
- Austin Energy
- Stage
- Operating
- ISO/RTO
- ERCOT
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