Dominion acquired West Antelope Solar Park, a 20-MW solar energy facility, from Canadian Solar with a 20-year PPA in place. With the addition of West Antelope Solar Park, Dominion has 344 MW of solar generating capacity - about 220 MW of which are in California - in development, under construction or in operation across six states. The company's renewable portfolio also includes approximately 850 MW of capacity generated by biomass, water and wind.
juwi solar (JSI) sold the ownership interests in a 50-MW solar energy facility to Dominion. The project was fully developed by JSI and has a 20-year PPA with PacifiCorp. Currently named “Pavant Solar,” the project will be located in Millard County, Utah on approximately 419 acres of private ranchlands that have been leased to the project. JSI is the EPC contractor for the project and will operate the project for Dominion upon completion.
PPL Montana sold its hydroelectric facilities to NorthWestern Energy for $900 million; Chesapeake Utilities sold BravePoint; Echelon completed the sale of its grid operations to S&T AG; Plus a debt redemption from Virginia Electric & Power, a private placement offering from DPL, and an IPO for Dominion Midstream Partners.
Siemens will provide the grid connection for an offshore wind farm off the coast of the U.K.; ABB will supply gas-insulated switchgear for substations in New Jersey; A team from the Microgrid Institute will design, simulate, and test microgrid control systems for two Maryland suburbs; Plus solar power developments by Xcel Energy, SunEdison, ReneSola, and Duke Energy; and others…
Dominion acquired two solar energy projects totaling 42 MW from EDF Renewable Energy. The acquisitions of the California projects are expected to close in 2015. The Cottonwood project, with solar sites located in Kings, Kern and Marin Counties, has secured a 25-year PPA, interconnection agreements and EPC contracts. The company anticipates that the 24-MW solar energy facility will come online in the first half of 2015. The Catalina Solar 2 project, located in Kern County, has secured a 20-year PPA, an interconnection agreement and an EPC contract.
Duke Energy and Piedmont Natural Gas selected Dominion to build and operate the Atlantic Coast Pipeline, a 550-mile interstate natural gas pipeline from West Virginia, through Virginia and into eastern North Carolina to meet the region’s rapidly growing demand for natural gas.
Recent trends in distribution line undergrounding.
Wisconsin Energy to acquire Integrys in a transaction valued at $9.1 billion; Dominion to acquire the CID Solar Project from EDF Renewable Energy; Landis+Gyr to acquire GRIDiant Corp.; PPL Corporation and Riverstone Holdings LLC to merge merchant power generation businesses into a new company Talen Energy Corporation; plus debt offerings totaling $1.5 billion.