SPI, based in Roseville, California, did not release terms of the transaction, which it expects to close this month.
SPI expects to begin project construction in first quarter 2015 with completion and grid connection in fourth quarter next year. At that time, SPI will own and operate the facility.
“We are pleased to announce this agreement in this very attractive US solar market, which highlights SPI’s ability to diversify our global PV asset portfolio in core solar markets,” says SPI chief executive Xiaofeng Peng.
“The
