Southern Power and Turner Renewable Energy Acquire Sixth Solar Plant

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Southern Power and Turner Renewable Energy reach an agreement to acquire the 20MW Adobe Solar Facility in Kern County, California. The Adobe Solar Facility represents Southern Power’s second solar PV project in California, and the sixth solar project for the Southern Power-Turner Renewable Energy partnership. 

Southern Power, a subsidiary of Southern Company, in partnership with Turner Renewable Energy, has reached an agreement to acquire the 20MW Adobe Solar Facility in Kern County, California. The Adobe Solar Facility represents Southern Power’s second solar PV project in California, and the sixth solar project of the Southern Power-Turner Renewable Energy partnership.

The Adobe Solar Facility will be built, operated, and maintained by SunEdison, which began construction of the project this fall. Acquisition of the solar farm is expected to close upon the successful completion of construction, which is anticipated in spring 2014.

Thomas Fanning, Southern Company Chairman, President, and CEO, commented: “The Adobe Solar Facility reflects our ongoing commitment to develop the full portfolio of energy resources – an effort that has amounted to more than 1,700 megawatts of additional renewable energy resources since January 2012.” 

Electricity generated by the plant will serve a 20-year power purchase agreement with Southern California Edison, a subsidiary of Edison International. Headquartered in Rosemead, California, Edison International, through its subsidiaries, is a generator and distributor of electric power and an investor in infrastructure and energy assets, including renewable energy.

Ted Turner, owner of Turner Renewable Energy, teamed with Southern Company through a subsidiary in January 2010 to form a strategic alliance to pursue development of renewable energy projects in the United States. The partnership has primarily focused on developing and investing in solar PV projects where solar resources are most favorable.

“We are pleased to enter our fourth partnership with Southern Company and Turner Renewable Energy, and are delighted they share our commitment to solar energy,” said SunEdison President and CEO Ahmad Chatila. “The Adobe Solar Facility is another example of how SunEdison’s innovation continues to make solar an economically attractive energy solution.”

Recently the 139MW Campo Verde Solar Facility, the largest solar PV installation acquired by Southern Power in partnership with Turner Renewable Energy, began commercial operation.