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First Solar Sells 50-mw Solar Plant To Southern, Turner

Tuesday, May 27 2014

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First Solar Inc. said Friday it sold the 50-megawatt Macho Springs solar power plant to Southern Power Electric Power Co., a subsidiary of Southern Co., and Turner Renewable Energy. Terms of the deal were not disclosed. Power from the plant, which is located in New Mexico, will be sold to El Paso Electric under a 20-year power purchase agreement.