Dive Summary:
- Constellation has completed a 5.7 MW solar power project for Portland General Electric (PGE) located in Lake County, Oregon.
- The project was financed by Constellation, which will also own and operate the system, power generated from the farm will be purchased at a fixed rate by PGE as part of a 25-year purchase agreement.
- Once fully operational, the solar farm is expected to generate around 10 million kilowatt hours of electricity per year.
From the article:
The project was financed by Constellation, which will also own and operate the system. It was co-developed by Obsidian Finance Group and Smart Energy Capital. Belectric Inc. provided engineering, procurement, construction services and construction financing before the project was acquired by Consteallation, and will provide operations and maintenance services for the project. ...