MidAmerican Solar Acquires Antelope Valley Projects From SunPower

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MidAmerican Solar, a subsidiary of MidAmerican Renewables, and SunPower Corp. have entered into an agreement under which MidAmerican Solar has acquired from SunPower the 579 MW Antelope Valley Solar Projects (AVSP), two co-located projects in Kern and Los Angeles counties in California. Together, the two combined projects will form the largest permitted solar photovoltaic power development in the world and will create an estimated 650 jobs during construction, according to the companies.

The Antelope Valley Solar Projects will provide renewable energy to Southern California Edison under two long-term power purchase contracts approved by the California Public Utilities Commission.

SunPower developed the co-located Antelope Valley Solar Projects over the last four years. At the 3,230-acre site, SunPower will install its Oasis Power Plant product. Construction of the solar project is scheduled to begin in first quarter 2013, with the plants expected to be complete by year-end 2015.

AVSP has secured final conditional use permits and has completed full environmental review pursuant to the California Environmental Quality Act.

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