March 6, 2014 - Duke Energy Renewables, a commercial business unit of Duke Energy, today announced its acquisition of two 20-megawatt (MW) AC California solar projects from Infigen Energy.
The construction-ready Pumpjack and Wildwood Solar Power Projects, located in Kern County near Bakersfield, represent Duke Energy Renewables' third and fourth utility-scale solar power projects in the state. Once the projects are complete, the company will own and operate more than 65 megawatts of solar power in California.
"The acquisition of Pumpjack and Wildwood will more than double our solar power capacity in California," said Duke Energy Renewables President Greg Wolf. "We're pleased to provide an increasing supply of affordable, clean energy to the nation's number one solar market."
The solar energy generated from the two projects will be sold through 20-year power purchase agreements with Southern California Edison.
Infigen's U.S. CEO, Craig Carson, said, "We are very pleased that our first development efforts in solar PV have succeeded in bringing together strong counterparties such as Southern California Edison and Duke Energy. We expect that the experience gained and the relationships created through these solar projects will deliver significant benefits for our future development opportunities."