Aug. 5 (Bloomberg) -- Edison International utility Southern California Edison agreed to purchase 457 megawatts of capacity from three 8minutenergy Renewables LLC solar projects in Southern California.
The company signed a 20-year contract for power from the 51-megawatt Borden Solar Farm in Madera County, Folsom, California-based 8minutenergy said today in an emailed statement. It will also buy energy from two projects in the Imperial Valley, the 154-megawatt Mount Signal Solar II and the 252-megawatt Mount Signal Solar V. Terms weren’t disclosed.
Silver Ridge Power LLC, which co-developed the Mount Signal projects, has the exclusive rights to acquire the two solar farms. Silver Ridge is a joint venture of SunEdison Inc. and Riverstone Holdings LLC.
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