Southern Power Acquires Two Georgia Solar Projects Totaling 99 MW

Southern Company subsidiary Southern Power acquired two PV solar projects totaling 99 MW in Georgia - the 80-MW Decatur Parkway Solar Project and the 19-MW Decatur County Solar Project - from Tradewind Energy. The electricity and associated renewable energy credits (RECs) generated by the 80-MW facility will be sold under a 25-year PPA with Georgia Power. Construction of the 80-MW facility is currently scheduled to begin this month. Georgia Power will purchase the energy generated from the 19-MW project under a 20-year PPA. Southern Power will retain the associated RECs, which it may sell to third parties. Construction of the 19-MW facility is currently scheduled to begin in June. Both projects, which are expected to enter commercial operation in late 2015.