SunEdison Partners with Community Energy on Colorado's Largest Solar Power Plant
SunEdison acquired the 156-MW Comanche Solar project from renewable energy developer Community Energy. SunEdison is partnered with Community Energy to complete the final development stage of the project by structuring the financing and providing procurement expertise for the project, following which SunEdison will manage the construction, operation, and maintenance of the solar power plant. Construction will begin in 2015 with commercial operation targeted for early 2016. The Comanche Solar project is one of the TerraForm Power call right projects, whereby TerraForm has the option to purchase the project from SunEdison once it achieves commercial operation. Xcel Energy will purchase electricity generated from the solar PV power plant under a 25-year PPA with SunEdison. Once operational, the solar power plant will be managed by the SunEdison Renewable Operation Center (ROC).