Acquired from SolarReserve and GCL Solar Energy joint venture, the projects complement Con Edison’s portfolio of renewable energy assets in the US.
The assets, which range from 20MWDC to 25MWDC, are located in Tulare, Kings and Fresno counties. These facilities are designed to serve approximately 25,000 homes.
Con Edison Development senior vice-president and COO Mark Noyes said: "With the acquisition of these solar projects, Con Edison Development is significantly expanding the role we play in California’s dynamic, renewables sector."
Four of the six projects have power purchase agreements with Southern California Edison (SCE), while the other two projects will supply Pacific Gas & Electric (PG&E).
The PV projects under the transaction are part of SolarReserve’s portfolio of more than 6.6GW.
In 2012, GCL developed and sold four central California utility projects to Con Edison Development.
