Canadian Solar subsidiary Recurrent Energy has completed the sale of its 150 MWac/210 MWp Mustang Two solar project to Solar Frontier Americas.
The Mustang Two project, located on 1,400 acres in Kings County, California, is expected to create approximately 400 jobs during peak construction.
Recurrent Energy will manage the development of the project, readying it for construction; Solar Frontier Americas will finance and manage the construction of the project, which is slated to achieve commercial operation in 2020.
Solar Frontier Americas’ independent power producer (IPP) business will operate the solar project.
Charles Pimentel, CEO of Solar Frontier Americas’ IPP business unit, said: “We already have a substantial greenfield pipeline and are actively acquiring utility-scale projects and development assets to further scale our business.”
Peninsula Clean Energy, which serves San Mateo County, will receive 100 MWac, and the Modesto Irrigation District will acquire 50 MWac as per the two long-term power purchase agreements. The combined energy generation from the two PPAs will power 37,500 homes with clean electricity.