Dominion seeks to acquire 79 MW Solar Facility Under Construction in NC, USA

Dominion announced that it seeks to acquire a 79 MW solar energy facility under construction in Anson County, N.C., from Cypress Creek Renewables. A power purchase agreement is in place for the offtake from the solar facility.

Dominion Generation Group president and CEO, Paul D. Koonce said that Dominion is pleased to expand its solar power portfolio in North Carolina. Today’s announcement aligns with their goal of adding carbon-free, cost-effective generation to their fleet.

Cypress Creek Renewables CEO, Matthew McGovern said that they are thrilled to be working with Dominion on this project. Their growing renewable energy portfolio sets them apart from their peers and positions Dominion to continue its leadership role in the energy market of the future.

The IS37 solar facility, located on a 550-acre tract of land near Morven, N.C., is being constructed by an affiliate of Cypress Creek Renewables. A subsidiary of Dominion Energy, Inc., a wholly owned subsidiary of Dominion, has agreed to acquire the facility upon completion, expected in the second quarter of 2017. About 450 workers are expected onsite during the peak of construction.