Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

GE, MetLife to Buy U.S. Solar Farm With Mitsubishi and Citigroup

EDF Renewable Energy, a U.S. unit of French utility Electricite de France SA, completed financing for its 143-megawatt Catalina solar project under construction in California’s Mojave Desert.

General Electric Co., MetLife Inc., Mitsubishi UFJ Financial Group Inc. and Citigroup Inc. bought a majority stake in the project and plan to buy the remainder when it enters operation later this year, the San Diego-based EDF unit said today in a statement that didn’t disclose terms.

Sempra Energy’s San Diego Gas & Electric will buy the power produced by Catalina for 25 years to help meet a state requirement for utilities to supply 33 percent of retail electricity from renewable sources by 2020.

First Solar Inc. and Showa Shell Sekiyu KK’s Solar Frontier unit are supplying thin-film photovoltaic panels for the project, according to EDF Renewable Energy’s website.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.