The deal represents the first PPA SunEdison has announced since its yieldco spin-off, TerraForm Power, was launched onto the public markets last week.

SunEdison will develop, construct, own and operate the 14MC (ac) plant for the SNWA in Clark County, southern Nevada, hewing to its plan of retaining ever more generation assets on its own balance sheet.

Construction will begin next year, with commercial operation expected by late 2015.

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