Dive Summary:

• The Southern Company. and Ted Turner’s renewable energy company bought its first California solar project , a 139-megawatt plot called Campo Verde.
• The companies acquired the project from First Solar Inc. and will provide power to San Diego Gas & Electric in a 20- year contract.
• Campo Verde marks Southern Co. and Ted Turner's fifth solar project acquisition.

From the article:

“Southern and Turner Renewable in 2010 acquired First Solar’s 30-megawatt Cimarron project adjacent to a ranch owned by Turner in New Mexico. The companies have also bought MEMC Electronic Materials Inc. (WFR)’s 30-megawatt Spectrum Solar and 20- megawatt Apex projects in Clark County, Nevada, as well as a 2.5-megawatt facility in Granville County, North Carolina.”