ConEdison Development Acquires 50% Interest In 335 MW Panoche Valley Solar


New York State-based developer and operator of large-scale renewable energy projects ConEdison Development (CED) has acquired a 50% interest in RET Capital's 335 MW Panoche Valley Solar Farm, located in San Benito County, Calif.

CED will provide construction management, operations and maintenance, and asset management for the project. Finance and asset manager RET Capital had been an early investor and sole owner of the project, which is located 140 miles southeast of San Francisco.

With approximately 1.1 million panels planned for the Panoche Valley installation, construction will begin by the end of the year.Â

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