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Electrify America Signs VPPA To Back 75MWp Of Solar Project In California, US

May 23, 2022 - Fitch Solutions Sector Intelligence

THIS COMMENTARY IS PUBLISHED BY FITCH SOLUTIONS COUNTRY RISK & INDUSTRY RESEARCH and is NOT a comment on Fitch Ratings' Credit Ratings. Any comments or data are solely derived from Fitch Solutions Country Risk & Industry Research and independent sources. Fitch Ratings analysts do not share data or information with Fitch Solutions Country Risk & Industry Research. Electrify America Signs VPPA To Back 75MWp Of Solar Project In California, US 23 May 2022 United States Infrastructure News: Electrify America has signed a 15-year virtual power purchase agreement (VPPA) with Terra-Gen to support the construction of a 75MWp solar photovoltaic (PV) project in the US state of California. Called the Solar Glow 1, the PV plant would come up in San Bernandino County and could feature a battery energy storage system. The facility is expected to be operational in the middle of 2023 (Renewables Now). This report from Fitch Solutions Country Risk & Industry Research is a product of Fitch Solutions Group Ltd, UK Company registration number 08789939 ('FSG'). FSG is an affiliate of Fitch Ratings Inc. ('Fitch Ratings'). FSG is solely responsible for the content of this report, without any input from Fitch Ratings.

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