Three Solar Plants sells by LS Power

• LS Power revealed today that it has actually participated in a contract to market its interests in the Dover Sun Park, the Arlington Valley Solar Energy II and also the Centinela Solar Energy projects to Capital Dynamics.

LS Power was the original designer of these projects, which went into industrial operations in 2011, 2013 and 2014 respectively. The sale undergoes traditional governing authorizations and is anticipated to close in the fourth quarter of 2020.

The projects consisted of in the sale agreement are:

• Dover Sun Park - 11 MW DC (10 MW AC); Dover, DE
• Arlington Valley Solar Energy II (LS Power's 30% interest) - 53 MW DC (38 MW AC); Maricopa County, AZ
• Centinela Solar Energy-- 252 MW DC (170 MW AC); Imperial County, CA.

John King, LS Power Head of Renewables, claimed, "When we began work on these projects a loads years ago, we developed ourselves as a market leader in utility scale solar development in the U.S. Back then, these projects were taken into consideration risky in extent and also scale, as well as the development and also implementation was testing. We take pride in what we completed and pleased that Capital Dynamics, a seasoned proprietor and also operator of solar generation, will approach their stewardship of these projects with a comparable long-lasting orientation.".

LS Power Expands Renewable Development Efforts.

Paul Segal, CEO of LS Power, additionally announced today that LS Power is increasing its renewable energy efforts. "We remain committed to serving the requirements of a rapidly progressing power grid as well as are redoubling our efforts to offer sources which can serve to decarbonize our economic situation. LS Power can optimize its payment to decarbonization by remaining to develop incremental utility scale renewable generation, beyond our recurring development initiatives in battery storage as well as high voltage transmission. Keeping that focus, we have actually established a brand-new programmatic initiative to establish, build, possess and also run the renewable projects that will power the nation's grid for years to come. We mean to do this in scale, are contributing to our group, as well as strategy to deploy considerable capital in order to implement on this vision.".