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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.

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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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