By Tim Gallen
Phoenix Business Journal
If you’d like to discuss energy issues, contact Court Rich, Co-Chair of Rose Law Group’s Renewable Energy Department at crich@roselawgroup.com
Phoenix-based MidAmerican Solar is acquiring two California-based solar projects from San Jose, Calif.-based SunPower Corp. The 579-megawatt Antelope Valley Solar Projects, co-located in Kern and Los Angeles counties, will serve as the largest permitted photovoltaic solar power development in the world, and create around 650 jobs during construction.
Financial terms of the deal were not disclosed.
MidAmerican Solar is a subsidiary of Iowa-based MidAmerican Renewables, whose portfolio includes more than 1,830 megawatts of energy assets including wind, geothermal, solar and hydro.
SunPower developed the co-located Antelope Valley projects over the past four years. At the 3,230-acre site, SunPower will install high-efficiency SunPower solar panels and mounts that position the panels to track the sun during the day, increasing energy capture by up to 25 percent.
Information from Phoenix Business Journal
