Chevron is challenging Solar Trust of America's proposed bankruptcy sale of development rights for two huge California projects to NextEra Energy Resources and BrightSource Energy.
Solar
Trust
of
America
(STA)
seeks
bankruptcy
court
approval
of
last
week's
sale
of
the
500MW
Palen
project
to
solar
power
tower
developer
BrightSource
and
the
1GW
Blythe
project
to
a
unit
of
NextEra
Energy
Resources.
NextEra,
which
has
provided
financing
to
STA
in
bankruptcy
and
was
identified
early
in
the
proceeding
as
a
potential
"stalking
horse
purchaser"
for
one
or
more
of
the
projects,
emerged
as
the
top
bidder
for
Blythe,
originally
permitted
as
a
parabolic
trough
plant
on
federal
land
in…
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