Oct. 22 (Bloomberg) -- Dominion Resources Inc., the third-largest U.S. utility owner, bought a 5-megawatt solar farm in Somers, Connecticut, from Kyocera Corp 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. and Southern Co. are the largest U.S. utility owners by market value.
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