Dominion to acquire large-scale solar power facility under construction in North Carolina

Source: Dominion

Dominion plans to purchase a 79-megawatt solar energy facility under construction in Anson County, N.C., from Cypress Creek Renewables, LLC. A power purchase agreement is in place for the offtake from the solar power facility.

Dominion plans to purchase a 79-megawatt solar energy facility under construction in Anson County, N.C., from Cypress Creek Renewables, LLC. A power purchase agreement is in place for the offtake from the solar power facility.

The IS37 solar facility, located on a 550-acre tract of land near Morven, N.C., is being constructed by an affiliate of Cypress Creek Renewables. A subsidiary of Dominion Energy, Inc., a wholly owned subsidiary of Dominion, has agreed to acquire the facility upon completion, expected in the second quarter of 2017. About 450 workers are expected onsite during the peak of construction.

The company has 535 megawatts of solar generating capacity – or enough to power nearly 135,000 homes and businesses at times of peak use – under development or in operation in North Carolina and Virginia. Dominion's North Carolina solar fleet also includes the 20-megawatt Morgans Corner array in Pasquotank County and the 60-megawatt Summit Farms facility in Currituck County.

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