Eden Solar LLC, which is developing a 47.7 MW (ac) project in North Carolina, on Sept. 22 filed with the Federal Energy Regulatory Commission a notice of self-certification as an Exempt Wholesale Generator.
Eden Solar owns a solar photovoltaic facility with a nameplate capacity rating of 62 MW (dc) (47.7 MW ac) that is currently under development in Richmond County, North Carolina. The facility will interconnect with the Duke Energy Progress (DEP) balancing authority area in the Southeast region. The facility has an executed power purchase agreement with DEP under which all of its output will be sold to DEP.
Following receipt of commission authorization pursuant to Section 203 of the Federal Power Act and upon closing of a lease transaction for the facility contemplated in a Master Lease Agreement between applicant, as lessor, and Land of the Sky MT LLC as lessee, the lessee will operate the facility and sell its output exclusively at wholesale. The facility is expected to begin generating test energy in November 2015.
Eden Solar is a wholly-owned subsidiary of FTS Eden Managing Member LLC, which is a wholly-owned subsidiary of sPower FinCo 3 LLC. FinCo 3 is a wholly-owned subsidiary of Sustainable Power Group LLC, which in turn is a wholly-owned subsidiary of FTP Power LLC.