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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

LA Utility Faces Another Lawsuit for Alleged Overcharging

LCG, April 2, 2002-Following Attorney General Lockyer's lead, five government agencies filed suit against the Los Angeles Department of Water and Power for allegedly overcharging by $200 million over 10 years.

Los Angeles County Unified School District, Los Angeles County Metropolitan Transportation Authority, Los Angeles County Community College District, and Los Angeles County have been joined by California Attorney General Bill Lockyer in the lawsuit and are seeking triple damages.

Lockyer had filed a similar suit in March and claims that the municipal utility consciously charged customers too much in order to dissipate costs of building new plants.

The plaintiffs have filed the suit in the San Francisco Superior Court.

Los Angeles Department of Water and Power denies the charges, and its legal representation says that there are problems with the suit regarding the statute of limitations.

The suit relies on studies conducted in 1991 and 1992 that show electricity rates higher than allowed as a percent of the cost of generation.

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