Dominion acquires 20-megawatt solar facility in California
- May 1, 2015
Richmond-based Dominion Resources has acquired a 20-megawatt solar facility in California from E.ON North America.
The purchase price for the Alamo Solar facility was not announced.
The facility is expected to enter service during second quarter of this year.
Alamo Solar is located in San Bernardino County near Helendale, Calif. It has secured a 20-year power purchase agreement and an interconnection agreement.
Alamo Solar is expected to qualify for the federal investment tax credit.
Dominion's total contracted solar generating portfolio consists of 384 megawatts in operation or under development in California, Connecticut, Georgia, Indiana, Tennessee and Utah.
The acquisition of Alamo brings Dominion's solar portfolio in California to 241 megawatts.
The company also plans to develop 400 megawatts of utility solar generation in Virginia by 2020.
Dominion, the parent company of Dominion Virginia Power, has a portfolio of approximately 24,600 megawatts of generation, 12,200 miles of natural gas transmission, gathering and storage pipeline, and 6,455 miles of electric transmission lines.