ConEd in 150MW deal with Sempra

A unit of utility giant Consolidated Edison will acquire 50% interest in two 150MW solar PV plants located in Arizona and Nevada from Sempra US Gas & Power

Terms of the sale were not disclosed. 

Mesquite Solar I was completed last December. Power from the facility, located near Phoenix, is being sold to Pacific Gas & Electric (PG&E)under a 20-year contract. Mesquite Solar 1 generates enough clean electricity for about 56,000 homes.

The 92MW Phase I of Copper Mountain Solar 2 is in commercial operation, with the 58MW second phase due on line in 2015. PG&E also is buying the power under a 25-year contract.

Sempra will continue to provide operations and maintenance services to both plants.

The agreement between Sempra and ConEdison Development is subject to approvals Log in to read complete article.

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