D.E. Shaw, Rocky Mountain Power sign PPA for two solar projects in Utah

D. E. Shaw Renewable Investments (DESRI) has signed power purchase agreements (PPAs) for the Rocket and Horseshoe Solar projects in Utah. The projects, which are expected to total 155 MWac, will support Facebook Inc.'s Eagle Mountain Data Center, through PPAs with Rocky Mountain Power. Both projects are owned and being developed by DESRI.

Rocket Solar is an 80 MWac solar facility to be built outside of Corinne in Box Elder County, Utah. Horseshoe Solar is a 75 MWac solar facility to be built outside of Grantsville in Tooele County, Utah. Both projects are scheduled to begin operations in 2022 to supply clean solar energy to Facebook under the Schedule 34 Renewable Energy Tariff.

The Rocket and Horseshoe solar projects were initially developed and permitted by Enyo Renewable Energy, a joint venture among affiliates of Enyo, LLC and MAP® Energy, LLC. Funds managed by MAP® Energy also retain a minority equity ownership interest in the projects.