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DE Shaw buys 11-MW California solar project from First Solar

August 7, 2016 by Harry Horner

(Source: SeeNews) DE Shaw Renewable Investments LLC has acquired the 11-MW Rancho Seco solar project in California from First Solar Inc, the companies said today without disclosing terms of the deal.   The project is situated in Sacramento County on property owned by the Sacramento Municipal Utility District, which will buy electricity from the plant under a 20-year power purchase agreement. The facility uses First Solar’s thin-film modules mounted on single-axis trackers. It is located on the site of the decommissioned Rancho Seco Nuclear Generation Station. Read full article…

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