First Solar Completes Sale Of 250 MW Silver State South

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First Solar Inc. has completed the sale of the 250 MW Silver State South solar project to a subsidiary of NextEra Energy Resources. Terms of the transaction were not disclosed.

Silver State South is located on approximately 3,000 acres of federally managed land in Clark County, Nev. The project is adjacent to the 50 MW Silver State North project, which was developed and built by First Solar and commissioned in 2012.

First Solar developed and designed the Silver State South project, and will provide engineering, procurement and construction services to NextEra. All the power from Silver State South will be sold to Southern California Edison under a long-term power purchase agreement.

The project is expected to be complete in late 2016.

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