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
Chevron challenges STA project sales to BrightSource, NextEra
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.
26 June 2012 18:12 GMT
Updated
26 September 2016 14:24 GMT
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