Sempra, Con Edison form solar power joint venture

Sempra U.S. Gas & Power and Consolidated Edison Development (Con Edison) became equal partners in two of Sempra U.S. Gas & Power’s solar power facilities, the 150 MW Copper Mountain Solar 2 plant near Las Vegas and the 150 MW Mesquite Solar 1 plant near Phoenix.

Under the terms of the joint-venture agreements, which were announced in May 2013, each company will own a 50 percent interest in each of the solar facilities. The terms of the transaction were not disclosed.

Mesquite Solar 1, the first phase of Sempra U.S. Gas & Power’s Mesquite Solar complex located in Arlington, Ariz., was completed in late 2012. Mesquite Solar 1 generates enough clean electricity for about 56,000 homes. Power from the facility has been fully sold to Pacific Gas & Electric (PG&E) under a 20-year contract.

The first phase of Copper Mountain Solar 2 is complete and is currently generating 92-MW of solar power. When the second phase is fully constructed — expected in 2015 — the project’s total operating capacity will be 150-MW. The solar power plant generates enough clean energy to power about 45,000 homes. Power from the facility has been fully sold to PG&E under a 25-year contract.

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The Clarion Energy Content Team is made up of editors from various publications, including POWERGRID International, Power Engineering, Renewable Energy World, Hydro Review, Smart Energy International, and Power Engineering International. Contact the content lead for this publication at Jennifer.Runyon@ClarionEvents.com.

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