Recurrent Energy, an independent power producer and developer of solar power projects, has signed agreements with Kaiser Permanente to develop 15 MW of solar power systems at multiple locations across California.
Under the agreement, Recurrent Energy will build, own and operate 16 solar power systems located across 15 Kaiser Permanente hospitals and office facilities. The 16 solar power systems will be implemented across the 15 sites through rooftop solar, ground-mount solar, and elevated solar above existing ground-level parking spaces and garages. Several projects are under way, and all sites are expected to be completed by summer 2011.
Citigroup, an equity investor on a portion of the projects, was a key partner in structuring the agreements between Recurrent Energy and Kaiser Permanente, Recurrent Energy notes.
SOURCE: Recurrent Energy
