Sempra U.S. Gas & Power and Consolidated Edison Development (ConEdison Development) partnered in five solar projects in Nevada and California. The projects include Sempra U.S. Gas & Power's 250-MW Copper Mountain Solar 3 project near Las Vegas, and ConEdison Development's CED California Holdings portfolio: the 50-MW Alpaugh 50, 20-MW Alpaugh North and 20-MW White River 1 facilities in Tulare County, and the 20-MW Corcoran 1 facility in Kings County. The renewable power from all of the projects has been sold under long-term contracts. Upon finalization of the agreements, Sempra U.S. Gas & Power and ConEdison Development holding companies will each own a 50-percent interest in the five solar facilities. The agreement relative to the CED California Holdings projects is subject to regulatory approvals which are expected during the second quarter of 2014.
