Regulators OK renewable energy PPAs for NV Energy

17 December 2009– The Public Utilities Commission of Nevada approved three renewable energy power purchase agreements (PPA) with NV Energy.

The PPAs include a planned 20 MW solar photovoltaic (PV) project by American Capital Energy, a 26 MW PV development by a unit of Fotowatio and an 11 MW landfill gas project to be constructed by Energenic. Financial terms of the deals were not disclosed.

All three projects are expected to be in operation by 2011, with the American Capital Energy project expected to be complete in 2010.
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