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FERC clears Citicorp purchase of tax equity stake in Idaho solar facility

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FERC clears Citicorp purchase of tax equity stake in Idaho solar facility

FERC on Sept. 30 approved Citicorp North America Inc.'s planned of class A interests in the80-MW Grand Viewsolar plant.

CentaurusCapital LP subsidiary Centaurus Renewable Energy LLC and affiliate Accordia Life &Annuity Co. own the facility in Elmore County, Idaho, which isexpected to begin commercial operations by Nov. 9.

The facility will sell its output to subsidiary under along-term contract.

Citicorp North America is a subsidiary. (EC16-175)