closed acquisition

Dominion Acquires CID Solar Facility in California

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.