June 25, 2017 3:50 PM ET

Independent Power and Renewable Electricity Producers

Company Overview of OCI Solar Power, LLC

Company Overview

OCI Solar Power, LLC develops, owns, and operates utility-scale solar photovoltaic power plants in the United States. The company has strategic partnerships with Sun Action Trackers, KACO new energy, and Mission Solar Energy. OCI Solar Power, LLC was formerly known as CornerStone Power Development LLC, Inc. and changed its name to OCI Solar Power, LLC in January 2011. The company was founded in 2009 and is based in San Antonio, Texas.

300 Convent Street

Suite 1900

San Antonio, TX 78205

United States

Founded in 2009

Phone:

210-453-3100

Fax:

210-453-3240

Key Executives for OCI Solar Power, LLC

Chief Executive Officer and President
Chief Financial Officer
Age: 47
Chief Operating Officer
Chairman of The Board, Chief Executive Officer of Oci Enterprises and President of Oci Enterprises
Age: 50
Senior Vice President of Project Finance
Compensation as of Fiscal Year 2016.

OCI Solar Power, LLC Key Developments

CPS Energy Signs PPA with OCI Solar for Another 50 MW

CPS Energy announced it has signed a power purchase agreement (PPA) for 50 MW of solar capacity with developer OCI Solar Power, adding to a 400-MW PPA sealed by the companies in 2012. The entire 450-MW solar complex is set to be completed by the autumn of 2016. So far, 90 MW of the project have been brought online, while the 95-MW Alamo 5 site is due to be inaugurated in the next couple of months. OCI Solar is currently installing the expanded solar generation near the Alamo 6 solar plant in Pecos County in western Texas. Once up and running, the solar complex will bring CPS Energy's total solar portfolio to almost 500 MW.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
December 5, 2016
OCI Solar San Antonio 6 LLC
 

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