Georgia Power on May 7 sent a letter to the Georgia Public Service Commission asking that a power purchase deal from a solar project be transferred to a new project company.
“On December 18, 2014, the Georgia Public Service Commission (the ‘Commission’) approved the executed Agreement for the Purchase of Solar Energy from a Renewable Resource between Georgia Power Company (‘Georgia Power’) and Butler Solar Farm, LLC (‘Butler Solar Farm’) (the ‘Agreement’),” the letter said. “Butler Solar Farm now desires to assign its Agreement to Southern Power Company, subject to the Commission’s approval.
“Georgia Power has negotiated the appropriate Consent and Amendment document (‘Consent’) to provide Georgia Power’s consent to the Change of Control Transaction. Georgia Power requests the Commission’s approval to consent to the transaction and to execute the Consent. A copy of the Consent has been provided to the Commission Staff.”
The letter didn’t give further details on the project. The commission had approved a contract for 100 MW of capacity. Southern Company Services, as agent for various Southern Co. (NYSE: SO) utility subsidiaries, including Georgia Power, on March 26 filed with the Federal Energy Regulatory Commission an executed Large Generator Interconnection Agreement with Butler Solar LLC. This facility is to be located in Taylor County, Ga., and would have a nominal net capacity of 100 MW at the Point of Interconnection. It will interconnect into the Butler Substation. The target commercial operation date is Dec. 1, 2016.