M&A News

 
 
 

Dominion to Build PV Project in Georgia

Dominion acquired a solar energy development project from Smart Energy Capital and Jacoby Development. The Azalea facility, planned near Augusta in east-central Georgia, is expected to produce approximately 7.7 MW (AC) using photovoltaic technology. Dominion plans to select a contractor and oversee the construction of the project, which is expected to sell power to Cobb Electric Membership Corp. under a 25-year agreement, starting in December 2013. Financial details weren’t disclosed.