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D. E. Shaw Renewable Investments Acquires Rancho Seco Solar Project from First Solar

Project is expected to produce more than 23,000 MWh of clean energy per year.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

First Solar, Inc. and D. E. Shaw Renewable Investments, L.L.C. announced the acquisition by a DESRI affiliate of the 11 megawatt (MW)AC Rancho Seco Solar Project in Sacramento County, CA, from First Solar. Terms of the deal were not disclosed.   Rancho Seco is situated on 60 acres of property owned by the Sacramento Municipal Utility District (SMUD), which holds a 20-year Power Purchase Agreement (PPA) for energy from the plant. Rancho Seco utilizes First Solar’s advanced thin film modules mou...

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