Dominion closed on the acquisition of the CID Solar Project near Corcoran, Calif., from EDF Renewable Energy. The companies announced the purchase and sale agreement in June 2014. The 20-MW facility completed the conditions of the acquisition and closed on Dec. 11, 2014. It commenced operations on December 22. The project provides power to the San Francisco-based electric utility Pacific Gas and Electric (PG&E) under a 20-year PPA. Terms of the CID transaction are not available.
CID Solar Project
Dominion acquired the CID Solar Project from EDF Renewable Energy (EDF RE). The asset sale agreement will close upon completion of installation, after which EDF RE will manage the commissioning and place the project in service. CID Solar Project, located on 200 acres of private land in eastern Kings County, California, was developed by EDF RE and is designed as a 27 MWp / 20 MWac ground-mount facility comprised of First Solar Series 3 solar photovoltaic modules with horizontal single-axis trackers.