Edison to Buy 457 Megawatts of Solar From 8minutenergyEhren Goossens
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.