Southern Company acquires the Boulder Solar I Facility in Nevada

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Southern Company acquires the Boulder Solar I Facility in Nevada

Southern Company subsidiary Southern Power and SunPower Corp. has announced that Southern Power has acquired a controlling interest in the 100-MW Boulder Solar I Facility in Nevada from SunPower, which will own the remaining interest in the project.

The Boulder Solar I Facility is located in Clark County, approximately 20 miles southeast of Las Vegas. Construction of Boulder Solar I began in January 2016 and the facility is expected to begin commercial operation soon.

SunPower developed, designed and constructed the plant, and will operate and maintain it upon completion. NV Energy will purchase the electricity and associated portfolio energy credits generated by the facility under a 20-year power purchase agreement (PPA).

Boulder Solar I operates using SunPower Oasis Power Plant technology, a fully integrated, modular solar power block that is engineered to rapidly and cost-effectively deploy large solar projects that maximize power generation while optimizing land use.

Southern Power President and CEO Buzz Miller, said:

"Our recent acquisition of the Boulder Solar I Facility underscores Southern Power's growing success in acquiring and developing utility-scale solar across the United States. This project aligns with our business model as we strategically develop our renewable portfolio."

Ty Daul, SunPower Senior Vice President, Americas Power Plants, commented:

"With over 30 years' experience and more than 2.6 gigawatts of innovative solar power plants operating around the world, SunPower is a global leader driving the adoption of reliable, cost-effective solar power at utility scale. We are proud to partner with Southern Power to deliver long-term value to Nevada customers through the Boulder Solar I Facility."

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