Comanche Solar PV LLC, which is constructing and will own a 120-MW (nameplate) solar facility to be located in Pueblo County, Colorado, on Feb. 9 applied with the Federal Energy Regulatory Commission for approval of market-based rate authority.
The facility will interconnect to transmission facilities owned by Public Service Co. of Colorado (PSCO), which is a subsidiary of Xcel Energy (NYSE: XEL). The entire output of this project will be sold to PSCO under a 25‐year contract. The project has a targeted in-service date in April of this year.
Comanche Solar PV is wholly and directly owned by Comanche Solar Holdings LLC, which is wholly and directly owned by Warehouse Intermediate Holdings LLC, which is wholly and directly owned by FR Warehouse II LLC (FR Warehouse). All of the Class A membership interests in FR Warehouse are indirectly owned by SunEdison, and all of the Class B membership interests in FR Warehouse are indirectly owned by FREIF II Bravo AIV LP (FREIF) and FREIF II Warehouse Co‐Investment LP (Co‐Invest).
SunEdison is a publicly traded company that is one of the world’s leading developers of wind and solar energy projects and sellers of photovoltaic energy solutions.
FREIF is managed and controlled by its general partner, First Reserve Energy Infrastructure GP II LP, and which, in turn, is managed and controlled by its general partner, First Reserve Energy Infrastructure G.P. II Ltd.
The company asked for a FERC decision on this market authority by March 25 to allow further possible transactions for the project company to go forward.
Comanche Solar PV on Feb. 9 also filed with FERC a notice of self-certification as an exempt wholesale generator.