The Federal Energy Regulatory Commission on Dec. 9 approved a change in control for a solar project owned by EDF Renewable Development.
On Oct. 17, Catalina Solar 2 LLC requested authorization for the disposition by EDF Renewable Development (EDF-RD) of all the ownership interests in the applicant to Dominion Solar Holdings (DSH). Catalina Solar 2 has its place of business in Kern County, California, and is wholly owned by EDF-RD, which in turn is wholly owned by EDF Renewable Energy (EDF-RE).
Applicant is developing an approximately 18-MW photovoltaic solar facility, which will interconnect to the Whirlwind Substation owned by Southern California Edison (SCE) within the footprint of the California Independent System Operator. All of the output of the facility will be sold to SCE under a long-term power purchase agreement (PPA).
DSH is a direct, wholly owned subsidiary of Dominion Energy, which is a direct, wholly owned subsidiary of Dominion Resources (NYSE: D). In addition to this facility, DSH is affiliated with several entities that are developing generation facilities totaling approximately 157 MW. The output of each of each of these affiliated generation facilities under development in the CAISO market is fully committed to non-affiliated third parties under PPAs.
Dominion Resources announced Sept. 15 that it had agreed to acquire two solar projects in California totaling 42 MW from EDF Renewable Energy, with the acquisitions expected to close in 2015.
- The Cottonwood project, with solar sites located in Kings, Kern and Marin counties, has secured a 25-year power purchase agreement (PPA), interconnection agreements and engineering, procurement, construction (EPC) contracts. The company anticipates that the 24-MW will come online in the first half of 2015.
- The Catalina Solar 2 project, located in Kern County, has secured a 20-year PPA, an interconnection agreement and an EPC contract. The 18-MW facility is expected to enter service in the second quarter of 2015.