Sempra U.S. Gas & Power Dedicates Arizona Solar Project
Mesquite Solar 1 Ranks Among Largest Photovoltaic Solar Plants in U.S.
ARLINGTON, Ariz., May 10, 2013
ARLINGTON, Ariz., May 10, 2013 /PRNewswire/ -- Arizona Secretary of State Ken
Bennett, Maricopa County Supervisor Mary Rose Wilcox and Buckeye Mayor Jackie
Meck today joined Sempra U.S. Gas & Power officials and community leaders to
dedicate the 150-megawatt (MW) first phase of Sempra U.S. Gas & Power's
Mesquite Solar facility.
Located in Arlington, Ariz., about 40 miles west of Phoenix, Mesquite Solar 1
is part of Sempra U.S. Gas & Power's massive 4,000-acre Mesquite Solar
complex, with the potential to build out up to 700 MW of capacity. The
Mesquite Solar Complex is well-positioned to be North America's largest
photovoltaic (PV) solar power installation.
"Mesquite Solar 1 represents a major step forward for the state of Arizona as
we continue down the path toward our goal of establishing ourselves as the
nation's leader in solar generation," said Bennett."Sempra U.S. Gas and Power
has demonstrated remarkable leadership with this project, and we look to
continue working together to fully build-out the Mesquite Solar Complex."
"This is a shining moment for the state of Arizona as it continues to
establish itself as a renewable energy leader," said Kevin C. Sagara, vice
president of renewables for Sempra U.S. Gas & Power. "There is so much to be
proud of here.Our project would not have been possible without all the
tremendous support we received at the federal, state and local level."
Construction on Mesquite Solar 1 began in June 2011.The solar project
provided a boost to the local economy by creating more than 500 local
construction jobs at peak along with 10 long-term positions. The landmark
solar plant was completed in December 2012 and now generates enough
emission-free electricity for about 56,000 homes.
The renewable power from Mesquite Solar 1 is sold to Pacific Gas & Electric
under a 20-year contract.
Completion of Mesquite Solar 1 brings Sempra U.S. Gas & Power's operating
solar portfolio up to 300 MW. The company has another 308 MW under
construction at its Copper Mountain Solar 2 and Copper Mountain Solar 3
facilities in Boulder City, Nev.
Sempra U.S. Gas & Power, LLC is a leading developer of renewable energy and
natural gas solutions.The company operates solar, wind and natural gas power
plants that generate enough electricity for nearly 1 million homes, along with
natural gas storage, pipelines and distribution utilities. The company is a
subsidiary of Sempra Energy (NYSE: SRE), a Fortune 500 energy services holding
company with 2012 revenues of approximately $10 billion.The Sempra Energy
companies' nearly 17,000 employees serve more than 31 million consumers
worldwide. For more information, visit www.SempraUSGP.com.
This press release contains statements that are not historical fact and
constitute forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995.These statements can be identified
by words like "believes," "expects," "anticipates," "intends," "plans,"
"forecasts," "estimates," "may," "will," "would," "could," "should,"
"potential," "target," "outlook," "depends," "pursue" or similar expressions,
or discussions of guidance, strategies, plans, goals, initiatives, objectives
or intentions. Forward-looking statements are not guarantees of performance.
They involve risks, uncertainties and assumptions. Future results may differ
materially from those expressed in the forward-looking statements.
Forward-looking statements are necessarily based upon various assumptions
involving judgments with respect to the future and other risks, including,
among others: local, regional, national and international economic,
competitive, political, legislative and regulatory conditions and
developments; actions and the timing of actions by the California Public
Utilities Commission, California State Legislature, Federal Energy Regulatory
Commission, U.S. Department of Energy, Nuclear Regulatory Commission,
California Energy Commission, California Air Resources Board, and other
regulatory, governmental and environmental bodies in the United States and
other countries where the company does business; capital market conditions,
including the availability of credit and the liquidity of investments;
inflation, interest and exchange rates; the impact of benchmark interest
rates, generally Moody's A-rated utility bond yields, on the California
utilities' cost of capital; the timing and success of business development
efforts and construction, maintenance and capital projects, including risks
inherent in the ability to obtain, and the timing of the granting of, permits,
licenses, certificates and other authorizations; energy markets, including the
timing and extent of changes and volatility in commodity prices; the
availability of electric power, natural gas and liquefied natural gas,
including disruptions caused by failures in the North American transmission
grid, pipeline explosions and equipment failures; weather conditions, natural
disasters, catastrophic accidents, and conservation efforts; risks inherent in
nuclear power generation and radioactive materials storage, including
catastrophic release of such materials, the disallowance of the recovery of
the investment in, or operating costs of, the generation facility due to an
extended outage, and increased regulatory oversight; risks posed by decisions
and actions of third parties who control the operations of investments in
which the company does not have a controlling interest; wars, terrorist
attacks and cyber security threats; business, regulatory, environmental and
legal decisions and requirements; expropriation of assets by foreign
governments and title and other property disputes; the impact on reliability
of SDG&E's electric transmission and distribution system due to increased
power supply from renewable energy sources; the impact on competitive customer
rates of the growth in distributed and local power generation and the
corresponding decrease in demand for power delivered through our electric
transmission and distribution system; the inability or determination not to
enter into long-term supply and sales agreements or long-term firm capacity
agreements; the resolution of litigation; and other uncertainties, all of
which are difficult to predict and many of which are beyond the control of the
company. These risks and uncertainties are further discussed in the reports
that Sempra Energy has filed with the Securities and Exchange Commission.
These reports are available through the EDGAR system free-of-charge on the
SEC's website, www.sec.gov, and on the company's website at www.sempra.com.
These forward-looking statements speak only as of the date hereof, and the
company undertakes no obligation to update or revise these forecasts or
projections or other forward-looking statements, whether as a result of new
information, future events or otherwise.
Sempra International, LLC, and Sempra U.S. Gas & Power, LLC, are not the same
companies as San Diego Gas & Electric (SDG&E) or Southern California Gas
Company (SoCalGas) and Sempra International, LLC and Sempra U.S. Gas & Power,
LLC are not regulated by the California Public Utilities Commission.Sempra
International's underlying entities include Sempra Mexico and Sempra South
American Utilities. Sempra U.S. Gas & Power's underlying entities include
Sempra Renewables and Sempra Natural Gas.
Media Contacts: Steve Schooff Sempra U.S. Gas & Power (877) 855-7887
www.semprausgp.com Financial Contact: Victor Vilaplana Sempra Energy (877)
SOURCE Sempra U.S. Gas & Power
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