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Tuesday, June 15, 2021

Quantum Utility Generation LLC Acquires Power-Purchase Agreement

Quantum Utility Generation LLC, the independent power producer that’s planning to build a solar project in Guam, acquired a 25-year power-purchase agreement from Pacific Green Resources LLC.

The contract will let Quantum sell 7.75 megawatts of capacity from its project to Guam Power Authority, the Houston- based developer said today in a statement. Terms weren’t disclosed for the transaction, which closed April 25. The solar farm is expected to begin producing electricity next year.

References:
http://mobile.bloomberg.com/news/2013-04-30/quantum-acquires-power-purchase-deal-to-sell-guam-solar-energy.html

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Edel Alonhttp://edelalon.com
Edel-Ryan Alon is a starving musician, failed artist, connoisseur of fine foods, aspiring entrepreneur, husband, father of two, geek by day, cook by night, and an all around great guy.

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