First Solar Inc. subsidiary Moapa Southern Paiute Solar LLC is seeking FERC approval to complete the sale of its controlling class B membership interests in a Nevada solar project to Moapa Southern Paiute Solar InvestCo LLC.
The proposed acquisition involves the Moapa Southern Paiute Solar Project (K Road Moapa), a 250-MW photovoltaic facility in Clark County, Nev. If the sale is approved, Moapa Southern Paiute Solar InvestCo, a unit of Capital Dynamics AG, would have full ownership of the project.
FERC has been asked to order the approval by Feb. 28.