Bloomberg Anywhere Login

Bloomberg

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.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

First Solar Buys 150-Megawatt California Solar Power Project

April 1 (Bloomberg) -- First Solar Inc. bought the 150-megawatt Solar Gen 2 project in California from an affiliate of Goldman Sachs Group Inc., Energy Power Partners and a third unnamed partner. Terms of the deal weren’t disclosed.

Construction is expected to start this year and the project will be done in 2014, Tempe, Arizona-based First Solar said in a statement today. Sempra Energy’s San Diego Gas & Electric utility will buy power from Solar Gen 2 under a 25-year agreement.

First Solar said 40 megawatts of solar modules from another supplier were already purchased and will be used on the project. First Solar will supply the rest.

Link to Statement:{NSN MKKTE03V280N <GO>}

Link to Company News:{FSLR US <Equity> CN <GO>} Link to Company News:{SRE US <Equity> CN <GO>} Link to Company News:{GS US <Equity> CN <GO>}

To contact the editor responsible for this story: Tina Davis at tinadavis@bloomberg.net

Please upgrade your Browser

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

Chrome, Firefox, Safari, Opera or Internet Explorer.