Monday, June 1, 2015

Southern Power buys Pawpaw Solar Facility in Georgia

Southern Co.’s Southern Power unit bought the 30-megawatt Pawpaw Solar Facility in Taylor County, Ga., from Longview Solar LLC for an undisclosed sum. The solar facility acquisition is Atlanta-based Southern Co.’s (NYSE: SO) fifth in Georgia and gives the energy company 385 megawatts of solar generation in the Peach State. The electricity and associated renewable energy credits generated by the 416-acre facility will be sold under a 30-year power purchase agreement with Georgia Power, which…

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