Dominion Acquires Richland Solar Center

dominion-logoWith its acquisition of the 20-megawatt Richland Solar Center facility, Dominion has upped its contracted solar generating portfolio to 364 megawatts.

Dominion announced the acquisition of the facility from HelioSage Energy April 15. Located in Twiggs County, near Jeffersonville, Georgia, is expected to enter service in 2015 and has secured a 20-year power purchase agreement and interconnection agreements with Georgia Power. An engineering, procurement, construction contract has also been signed. The center is expected to qualify for the federal Investment tax credit.

“The Richland acquisition adds to our diverse generation fleet fuel mix and furthers Dominion’s goal of having 625 megawatts of contracted solar generating capacity in service by the end of 2016,” said David A. Christian, Dominion Generation CEO.

Dominion’s total contracted solar generating portfolio consists of 364 megawatts in operation or under development in California, Connecticut, Georgia, Indiana, Tennessee and Utah. The 7.7-megawatt Azalea Solar Power Facility, located outside Davisboro, Georgia, is also owned and operated by Dominion. The company plans to develop up to 400 megawatts of utility solar generation in Virginia by 2020.

— Solar Builder magazine

[source: http://solarbuildermag.com/news/dominion-acquires-richland-solar-center/]

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