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Cypress Creek Renewables seeks NC approval for 75-MW solar plant

plans to build a 75-MW solar plant in south central North Carolina.

TheCalifornia-based solar developer submitted an application July 5 to the North CarolinaUtilities Commission seeking a certificate of public convenience and necessityfor the Homer Solar LLC project.

Theproposed facility will be located in Richmond and Montgomery counties and isprojected to come online in June 2018, according to the application.

HomerSolar will sell the output to DukeEnergy Corp. subsidiary DukeEnergy Progress LLC through a power purchase agreement. Inaddition, Homer Solar said it intends to produce renewable energy creditseligible for North Carolina's renewable energy and energy efficiency portfoliostandard compliance.

Theestimated cost of the solar plant is approximately $146.5 million. (Docket No.SP-8056, Sub 0)