Texas Solar Project Sold to CIP

LCG, July 31, 2020—An affiliate of Copenhagen Infrastructure Partners has completed purchase of a 350 MW solar photovoltaic project near the Houston metro area from Solar Plus Development Inc. and Avondale Solar.

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PG&E and Tesla Commence Construction on the Moss Landing Battery Energy Storage System

LCG, July 30, 2020--PG&E and Tesla have commenced construction of the 182.5-MW lithium-ion battery energy storage system (BESS) at PG&E's electric substation in Moss Landing in Monterey County, California.

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Industry News

CP&L Offers 135 Megawatts for Sale

LCG, Aug. 28, 2000--Carolina Power & Light Co. has hung a "For Sale" sign on two blocks of power totaling 135 megawatts, the utilitys parent holding company CP&l;L Energy said Friday.

CP&L (the utility) has issued a request for proposals asking prospective purchasers to bid on blocks of 85 megawatts of capacity from CP&L system resources and 50 megawatts from Florida Power Corp. system resources, for delivery beginning in April 2001 and for periods up to six years.


By the time any deals are signed, CP&L Energy expects to have completed its pending acquisition of Florida Progress Corp., the holding company for Florida Power.

The capacity sales are one of the steps that CP&L and Florida Power are taking to ensure that CP&L Energy's acquisition of Florida Progress does not adversely affect wholesale power markets and were endorsed by the Federal Energy Regulatory Commission in its July 12 order approving the acquisition.

CP&L said it will hold a bidders meeting on the request for proposals in September. The company expects to receive responses in November for delivery beginning in April.

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