Dominion Buys 5-Megawatt Connecticut Solar Facility From Kyocera

Dominion Resources (D) Inc., the third-largest U.S. utility owner, bought a 5-megawatt solar farm in Somers, Connecticut, from Kyocera Corp (6971) for an undisclosed sum.

The Somers Solar Center, which Kyocera jointly developed with San Francisco-based CleanPath LLC, will begin producing power in the fourth quarter, according to a statement today from Richmond, Virginia-based Dominion.

Connecticut Light & Power Co. will buy electricity from the solar plant under a 20-year contract.

Duke Energy Corp. (DUK) and Southern Co. (NSC) are the largest U.S. utility owners by market value.

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

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