NRG AND SUNPOWER BRING 250 MW OF SOLAR ONLINE

NRG Energy, NRG Yield and SunPower Begin Commercial Operations at 250 MW California Valley Solar Ranch; Utility-scale solar facility in San Luis Obispo County, one of the world’s largest, provides clean power to an estimated 100,000 California homes

October 31, 2013 (NRG Energy)

"NRG Energy, Inc. (NYSE:NRG), NRG Yield, Inc. (NYSE:NYLD), and SunPower Corp. (NASDAQ:SPWR)…announced the completion of the final phase of the California Valley Solar Ranch (CVSR) photovoltaic (PV) generating facility in San Luis Obispo County, California, bringing total electric generating capacity of the plant up to 250 megawatts (AC). NRG acquired CVSR from SunPower in 2011, and the project is jointly owned by NRG Yield (48.95%). CVSR is one of the world’s largest operating solar PV power plants and will sell its electricity to Pacific Gas & Electric under two long-term power purchase agreements…CVSR received a federal loan guarantee for $1.2 billion from the U.S. Department of Energy’s Loan Programs Office. CVSR created more than 700 jobs during its two-year construction period and generated an estimated $315 million of economic development for the local economy…” click here for more

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