sPower Wins 68.8MW Southern California Public Power Authority PPA

SCPPA PPA Springboards sPower's Second Phase of 330MW Flagship Project

SALT LAKE CITY--sPower, a prominent renewable energy provider, today announced that it has been awarded a 20-year PPA with Southern California Public Power Authority (SCPPA) to provide 68.8MWdc (55MWac) of solar power. Participating member agencies are the cities of Azusa, Colton, Riverside and Vernon.


The sPower Antelope DSR 1 and 2 facilities will be constructed on roughly 440 acres located in Lancaster, Calif., Los Angeles County. Construction is expected to begin mid-2016, with a commercial operations date (COD) in 2016. sPower estimates a peak construction crew size of up to 160.

"Renewable energy continues to be a focus for SCPPA members, and with partners like sPower, we are able to offer our members clean, reliable and affordable power," said Kelly Nguyen, SCPPA Director, Energy Systems.

When fully operational, the facilities will cumulatively generate enough renewable energy for nearly 10,000 homes and are expected to reduce carbon emissions about 108,000 metric tons annually - the equivalent of greenhouse gas emissions from 257 million miles driven by an average car or carbon dioxide emissions from 1,400 tanker trucks worth of gasoline1.

These projects are the third and fourth sPower-owned facilities with long term SCPPA PPAs. The previous PPAs were for 20MW projects, both of which are on track for 2016 CODs. "We appreciate the collaborative relationship that has been built with SCPPA," said Ryan Creamer, sPowers CEO. "SCPPA is an exceptional organization to work with, balancing goal setting with flexibility -- without sacrificing schedule or budget milestones."

sPower has been developing solar projects in California for several years, as well as in other key markets across ten states and in the UK. Earlier in the year, the company closed on its first back leverage transaction for $168.5MM debt financing and has more than a gigawatt of projects planned.

About sPower: Headquartered in Salt Lake City, with offices in San Francisco and New York City, sPower is a prominent independent power producer (IPP) that owns and/or operates more than 150 utility and commercial distributed electrical generation systems across the United States and the UK. With greater than 1.7 gigawatts between construction and pipeline, sPower is actively buying select renewable assets in virtually any stage of development in North America and the UK. sPower is a portfolio company of Fir Tree Partners, a leading global investment fund with more than 20 years of investing history and approximately $13 billion of capital under management. www.spower.com

About SCPPA: The Southern California Public Power Authority is a joint powers authority (formed under the provisions of the Joint Powers Act of the State of California ) consisting of eleven municipal utilities and one irrigation district. SCPPA was formed in 1980 to finance the acquisition of generation and transmission resources for its members, including the acquisition of renewable energy projects on behalf of its members. www.scppa.org

Featured Product

RBI Solar - Dahlia Has You Covered

RBI Solar - Dahlia Has You Covered

What if you could maximize the Ground Coverage Ratio (GCR) on your next project and not have to worry about the complicated variables that come with a tracker system? With a low tilt and clearance design, Dahlia® has the highest GCR of any fixed-tilt system in the marketplace. The system is available in three tilt options (7.5, 10 and 12.5 degrees) and designed to accommodate any sized PV module. The lightweight system is engineered with fewer components, several of which are shipped to job sites pre-assembled. This design feature reduces freight costs and rapidly trims the amount of on-site installation time required to complete construction. Maximizing PV coverage on a site can lead to an increase of production, which creates greater financial return for project owners. Over 100 MW of Dahlia® projects have been deployed across the United States, in regions of variable snow and wind loads. How much can Dahlia® cover and save you on your next project?