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JPM Capital to buy passive stake in 10-MW AC Calif. solar project
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JPM Capital Corp. plans to acquire passive interest in the10-MW AC Western AntelopeDry Ranch solar project in Los Angeles County, Calif.
The project, which comes online this October, will sell itsoutput to Lancaster, Calif.-controlled Lancaster Choice Energy under a 20-yearagreement, accordingto a July 20 filing with FERC.
sPower, which is legally known as , willmanage day-to-day operations of the power plant.
sPower is a FirTree Inc. subsidiary. (EC16-154)