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Duke Energy to acquire 150-MW solar project in California

Duke Energy Renewables Solar LLC is proposing to indirectly acquire all of the membership interests in the under-construction North Rosamond solar project in Kern County, Calif., from an affiliate of GIM Participation Funding Holding LP.

The solar project has a projected summer rating of 150 MWac and is expected to enter commercial operation in March 2019. The facility will sell power to Edison International subsidiary Southern California Edison Co. under a 15-year power contract.

The parties asked the Federal Energy Regulatory Commission to approve the transaction by Feb. 12, 2019.

Duke Energy Renewables is an indirect subsidiary of Duke Energy Corp. (FERC docket EC19-37)