ConnectGEN-EDP Joint Venture invests in First Solar's 278 MW solar portfolio
Date
November 26, 2019
Type
M&A Transactions
Subtype
Transaction completed
Countries
(USA) United States of America
Subsectors
Photovoltaic
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ConnectGEN has partnered with EDP Renewables North America in a 50/50 joint venture to acquire a 278 MW solar portfolio from First Solar, Inc.
The 278 MW portfolio consists of three plants located in Arizona, California and Nevada, each of which is fully contracted under long-term power purchase agreements and expected to achieve commercial operations in the next few months.
