Georgia Power on Sept. 22 asked the Georgia Public Service Commission to approve the transfer of a power purchase deal for a solar facility.
In December 2014, the Georgia commission approved an executed agreement for the purchase of solar energy from a renewable resource between Georgia Power and Solar Glynn LLC. Solar Glynn is a subsidiary of Georgia Energy Partners I LLC (Energy Partners). The Georgia Power request doesn’t give a size for this facility.
Said the Sept. 22 request: “Georgia Power has been asked to consent to Energy Partners’ sale of Solar Glynn to CCP-GCI Lessor III, LLC, the associated collateral transactions, the equity financing and the facility transfers. These transactions are all subject to Georgia Power’s consent under Section 17.1 of the Agreement, and Georgia Power hereby requests the Commission’s approval to consent to the transaction and to execute the Consent.”
Incidentally, the Southern Company Services unit of Southern Co. (NYSE: SO) on Feb. 1 filed with the Federal Energy Regulatory Commission a market power update showing that Southern subsidiaries have lately begun taking power from a number of wind and solar projects. One of the listed Georgia Power contracts was with Solar Glynn LLC. The Feb. 1 filing said that on Jan. 1, 2016, delivery of 20 MW of unit firm energy commenced under a contract for the purchase of solar energy between Georgia Power and Solar Glynn. The Solar Glynn PPA is for a term of 20 years.