Central Antelope Dry Ranch C LLC told the Federal Energy Regulatory Commission in a May 11 filing that its 20-MW (ac) solar project in California went commercial on May 6 of this year.
Central Antelope filed this May 11 notice to report the disposition of jurisdictional facilities resulting from the acquisition by SPW Solar Holdings 2 LLC of 100% of the membership interests in Central Antelope. JPM Capital Corp., a passive investor in SPW2, is now an indirect, passive interest in Central Antelope as a result of the transaction.
Central Antelope owns and operates a solar photovoltaic project with a nameplate capacity of about 20 MW (ac) located in the City of Lancaster, Los Angeles County, California (the “CADRC Project”). The CADRC Project is located within the California Independent System Operator balancing authority area.
The CADRC Project achieved commercial operation on May 6, 2016. Central Antelope is committed to sell the entire output of the CADRC Project under a 20-year power purchase agreement with Southern California Edison, that expires on or about May 6, 2036.
Prior to the closing of the transaction, Central Antelope was part of Sustainable Power Group LLC (sPower), which is a wholly-owned subsidiary of FTP Power LLC.
SPW2 now owns 100% of the membership interests in Central Antelope. JPMCC owns 100% of the non-controlling, passive Class A Units in SPW2, and SPW Solar Managing Member 2 LLC, a wholly-owned indirect subsidiary of FTP, owns 100% of the controlling Class B Units in SPW2.