North Star Solar PV LLC on Sept. 6 informed the Minnesota Public Utilities Commission of a change in control related to it and its North Star Solar Energy Generating System Site Permit and the associated High-Voltage Transmission Line Route Permit.
On May 30, D.E. Shaw Renewable Investments (DESRI) North Star Holdings LLC purchased 100% of the membership interest of North Star Solar PV LLC. DESRI North Star Holdings is owned by DESRI North Development LLC, an affiliate of the D.E Shaw Group. Prior to this transaction, North Star was owned by Community Energy Solar LLC.
The notice added: “All material terms and provisions of the Power Purchase Agreement between North Star and Northern States Power Company, doing business as Xcel Energy, remain in full force and effect. North Star will continue to be the Permittee and will continue to abide by all of the conditions of the Site and Route Permits.”
The new contact information is: North Star Solar PV LLC, 1166 Avenue of the Americas, Ninth Floor, New York, NY 10036, Attn: Erich Mettler.
D. E. Shaw Renewable Investments LLC (DESRI) announced July 12 that it had acquired the 100-MW North Star Solar Project from Community Energy and had begun construction on the project, which is located in Chisago County, Minnesota. Upon completion in late 2016, North Star will be the single largest solar energy project in the Midwest, and one of the largest in the U.S., the company added. North Star is located on private agricultural land and has a 25-year power purchase agreement with Minnesota-based Northern States Power.
