First Solar sells 250 MW solar power plant to NextEra Energy Resources

First Solar completed the sale of the 250 MW AC Silver State South Solar Project to a unit of NextEra Energy Resources. Terms of the transaction were not disclosed.

Silver State South is located on about 3,000 acres of federally managed land in Clark County, Nevada. The project is adjacent to the 50 MW AC 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 (SCE) under a long-term power purchase agreement.

Pre-construction activity has begun at the site, and the solar power project is expected to be complete in late 2016. At construction peak, the project will create about 500 local full-time jobs.

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