Consolidated Edison Development buys 106-MW Alamo 7 solar project in Texas

Sutherland Asbill & Brennan LLP announced Jan. 20 that the law firm represented Consolidated Edison Development with its acquisition of Alamo 7, a 106-MW solar project located in Haskell County, Texas, from OCI Solar Power, a Texas-based subsidiary of South Korea’s OCI Corp.

As announced on Jan. 11, the sale officially closed for $227 million, said the law firm. The Alamo 7 project is expected to be completed during the third quarter of 2016 and will sell 100% of the output of the facility to CPS Energy under a long-term power purchase agreement.

The Sutherland team representing ConEdison Development was led by Partner and Head of the firm’s Renewable Energy team Dorothy Black Franzoni, with support from Energy, Environmental and Commodities Associate Jackson M. Allen.

Sutherland is an international legal service provider helping the world’s largest companies, industry leaders, sector innovators and business entrepreneurs solve their biggest challenges and reach their business goals.

About Barry Cassell 20414 Articles
Barry Cassell is Chief Analyst for GenerationHub covering coal and emission controls issues, projects and policy. He has covered the coal and power generation industry for more than 24 years, beginning in November 2011 at GenerationHub and prior to that as editor of SNL Energy’s Coal Report. He was formerly with Coal Outlook for 15 years as the publication’s editor and contributing writer, and prior to that he was editor of Coal & Synfuels Technology and associate editor of The Energy Report. He has a bachelor’s degree from Central Michigan University.