Dominion to acquire North Carolina solar project
Dominion announced Thursday it plans to purchase a 79-megawatt solar energy facility under construction in Anson County, N.C.
A subsidiary of the Richmond energy company agreed to purchase the facility from Cypress Creek Renewables LLC in the second quarter of 2017.
A power purchase agreement is in place for the offtake from the solar facility.
The solar facility, located on a 550-acre tract of land near Morven, N.C., is being constructed by an affiliate of Cypress Creek Renewables. About 450 workers are expected onsite during the peak of construction.
The acquisition would bring the company’s solar portfolio to 535 megawatts of solar generating capacity under development or in operation in North Carolina and Virginia. That is enough power for about 135,000 homes and businesses at peak use.
Dominion's North Carolina solar fleet also includes the 20-megawatt Morgans Corner array in Pasquotank County and the 60-megawatt Summit Farms facility in Currituck County.