Dominion (NYSE: D) has acquired a 7.7 MW solar power project in Georgia from Smart Energy Capital and Jacoby Development. The project, Dominion’s first generation-scale solar addition in its portfolio, is expected to start commercial operations this December.
Dominion will choose a contractor and oversee construction of the project, which is named the Azalea Solar Power Facility. The project has a 25-year power purchase agreement in place with Cobb Electric Membership Corp., a local electric cooperative that serves around 200,000 customers.
Dominion Chairman, President and CEO Thomas Farrell II said the company will gain solar experience from the project that will be valuable as it begins to add more solar generation in the Dominion Virginia Power Service area.
The 40-acre project is located on 100 acres of farm and forest land about 60 miles southwest of Augusta, Ga.
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