D.E. Shaw Acquires 21.9 Megawatts of Solar Farms in California

D.E. Shaw & Co., the $30 billion hedge fund, acquired 21.9 megawatts of solar farms in California with Bright Plain Renewable Energy LLC.

The five projects in Tulare County were developed by Immodo Energy Services Corp., which will maintain and operate them, New York-based D.E. Shaw said today in a statement. Terms of the purchase from Macquarie Group Ltd. (MQG) weren’t disclosed.

To contact the reporter on this story: Justin Doom in New York at jdoom1@bloomberg.net

To contact the editor responsible for this story: Will Wade at wwade4@bloomberg.net

Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.