D. E. Shaw Renewable Investments LLC and Bright Plain Renewable Energy have acquired the 24 MW Searchlight solar project from American Capital Energy Inc.
Signal Energy will serve as the engineering, procurement and construction contractor for the project and will also provide operations and maintenance services. Searchlight is expected to produce more than 45 GWh of electricity per year for customers of NV Energy.
KeyBank N.A. provided construction and term financing for the project.
