Georgia Power seeks okay for sale of a solar power deal to a new party

Georgia Power on Jan. 7 notified the Georgia Public Service Commission about a change in ownership for a solar project that the utility was approved by the commission to buy power from in December 2014.

The commission had approved an executed Agreement for the Purchase of Solar Energy from a Renewable Resource between Georgia Power and Hecate Energy Old Midville Road LLC. Hecate Energy LLC is the owner of 100% of the outstanding membership interests in Hecate Old Midville. That parent company has entered into an agreement dated Jan. 3 with Citizens Solar Holdings VI LLC to sell 100% of its outstanding membership interests in Hecate Old Midville to Citizens, subject to the Georgia commission’s approval.

Georgia Power said it has negotiated the appropriate consent to the transfer of the power contract and filed that consent with PSC staff, under seal.

The commission had in December 2014, as part of a broad order covering several solar contracts worked out by Georgia Power, approved a 20-year contract with Hecate Energy Old Midville Road that will provide energy and capacity benefits from a 20-MW solar facility beginning on Jan. 1, 2016. The Hecate Energy Old Midville Road solar facility is located in Millen, Georgia.

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.