Southern Company subsidiary acquires Lamesa Solar facility in Texas

Subscribe to our newsletter and get the latest news and business opportunities in your inbox
Southern Company subsidiary acquires Lamesa Solar facility in Texas

Southern Company subsidiary Southern Power has announced the acquisition of its third Texas solar project in less than a year – the 102 MW Lamesa Solar Facility – from RES America Developments Inc.

Southern Power will sell the electricity and associated renewable energy credits (RECs) generated by the facility under a 15-year power purchase agreement to the city of Garland, Texas (USA).

With more than 2,200 MW of renewable generating capacity ownership, Southern Power assembled its nationally recognized renewable portfolio through the strategic acquisition or development of 29 solar, wind and biomass projects that are either in operation or under construction across the United States. In all, the Southern Company system has added or announced more than 4,000 MW of renewable energy projects since 2012.

RES, which provides development, engineering, construction and operation services to renewable energy, energy storage and transmission markets across the Americas, co-developed the Lamesa project with the originating developer, BNB Renewable Energy Holdings. RES will construct and serve as the operations and maintenance contractor for the facility, which is located on 887 acres in Dawson County, Texas, and expected to consist of 410,000 photovoltaic solar panels.

Construction activities are set to begin in July, and the facility is expected to be commercially operational by mid-year 2017. Once operational, the facility is expected to be capable of generating enough electricity to help meet the energy needs of approximately 26,000 U.S. homes.

Southern Power President and CEO Buzz Miller, said:

"The Lamesa project is an excellent fit for Southern Power's business model," "We are committed to developing renewable energy sources and are pleased with the continued growth of our solar portfolio."

List of country news

Country news

  • July 11, 2016

    Southern Company acquires AGL Resources creating a leading U.S. energy company

    Southern Company and AGL Resources has announced the completion of a merger. AGL Resources,with a network of natural gas assets, has become a wholly owned subsidiary of Southern Company. Read more
  • July 11, 2016

    Stonepeak Infrastructure acquires 50% of Golar LNG

    Golar LNG Limited has announced that it has entered into a 50/50 joint venture with investment vehicles affiliated with private equity firm Stonepeak Infrastructure Partners. The joint venture company, Golar Power Ltd, will offer integrated LNG based downstream solutions, through the ownership and operation of floating storage and regasification units (FSRUs) and associated terminal and power generation infrastructure. Subsequent to the formation of Golar Power and the contribution of the above mentioned assets, Golar LNG Limited has sold a 50% interest in Golar Power to Stonepeak. Read more
  • July 08, 2016

    NextEra Energy Partners LP acquires 285-MW Cedar Bluff and Golden Hills Wind Energy Centers

    NextEra Energy Partners has completed the acquisition of approximately 285 MW of contracted renewables projects from a subsidiary of its sponsor, NextEra Energy Resources. Read more
  • July 07, 2016

    Southern Company subsidiary expands renewable portfolio with wind acquisition in Maine

    Southern Company subsidiary Southern Power has announced the acquisition of the 43 MW Passadumkeag wind park in Penobscot County (USA) from an affiliate of Quantum Utility Generation. Read more
  • July 08, 2016

    Pattern Energy to acquire 324 MW Broadview Wind Power Facility in New Mexico

    Pattern Energy Group has committed to acquire interests in the 324 MW Broadview Wind power facility and associated independent 35 mile 345 kV Western Interconnect transmission line from Pattern Development. Read more

Share this news

Join us

In order to get full access to News section, you must have a full subscription. You can check all the benefits of becoming a member and purchase a subscription on our membership page.