JPM CapitalCorp. plans to acquire passive class A interest in the 5-MW AC Antelope DSR 2 solar facility in Los Angeles County,Calif., and is seeking FERC approval by Aug. 17 in order to do so.
Located withinthe California ISO area,the project is expected to reach commercial operation in October, according to anapplication dated July 20. Power from the facility is contracted to under a 20-year agreement.
JPM Capital is owned by JPMorgan Chase & Co. (EC16-153)