62SK 8ME LLC, which is developiong a 108-MW solar project in California, on Feb. 4 asked the Federal Energy Regulatory Commission to accept its market-based rate tariff effective April 4, 2016.
The company is developing and will own and operate Springbok 1, an approximately 108 MW (nameplate) solar facility located in Kern County, California. The company also owns certain transmission facilities necessary to interconnect the facility to a substation and to a 3.2-mile, 230-kV generator tie-line. The substation and the tie-line are the subject of a Co-Tenancy and Shared Facilities Agreement between 62SK 8ME and certain projects still in development.
The company will use its undivided interest in the interconnection facilities to transmit electricity to the point of interconnection with the electric transmission system owned by the Los Angeles Department of Water and Power (LADWP) within the LADWP balancing authority area. It expects to place the facility into commercial operation during the second quarter of 2016.
The company plans to file with the commission a self-certification as an exempt wholesale generator. It is committed to sell the full output of the facility under a 25-year power purchase agreement with the Southern California Public Power Authority (SCPPA) expiring in 2041.
This project company is part of D.E. Shaw Renewable Investments LLC, which is a direct and wholly owned subsidiary of D.E. Shaw & Co. LP.