D. E. Shaw Renewable Investments acquires Cuyama Solar Project from First Solar

By Kelsey Misbrener First Solar and D. E. Shaw Renewable Investments (DESRI) announced the acquisition by a DESRI affiliate of the 40-MWac Cuyama Solar Project in Santa Barbara County, California. Terms of the deal were not disclosed.
The project, which was developed by First Solar, is currently under construction, with completion anticipated by the end of 2017. Power from the project is expected to be supplied to PG&E under a 25-year PPA starting in January 2019. Community Choice Aggregator Peninsula Clean Energy has a one-year “bridge” PPA for power delivered from the plant in 2018.
“We are delighted to work with First Solar on another

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