ASouthern Power Co.subsidiary is planning toacquire a 51% stake in the 102-MW Henrietta Solar Project in Kings County,Calif., from a SunPower Corp.subsidiary.
Constructionof the facility startedin June 2015 and is projected to reach commercial operation in October.
Electricitygenerated by the plant will be purchased by PG&E Corp. utility under a20-year power contractthat will end in 2036.
FERC wasasked to approve the proposed transaction by June 9. Southern Power is asubsidiary of Southern Co.(EC16-114)