Flexible Electronics News

Goldman Sachs Renewable Power LLC Acquires 123MW Project from First Solar

American Kings Solar project backed by 15-year PPA with a California utility.

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By: Anthony Locicero

Copy editor, New York Post

First Solar, Inc. announced that Goldman Sachs Renewable Power LLC (GSRP), a private company managed by the Renewable Power Group of Goldman Sachs Asset Management (GSAM), acquired the 123-megawatt (MW)AC American Kings Solar project in a transaction that closed at the end of June 2020.    Located in Kings County, California, the project is backed by a 15-year Power Purchase Agreement (PPA) with Southern California Edison and is scheduled to be commissioned in the fourth quarter of 2020.  ...

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