SunEdison acquires 156MW ‘natural gas-competitive’ PV plant in Colorado

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PV energy provider, SunEdison, has acquired a 156MW solar power plant in the US state of Colorado.

The company’s spin-off yield co vehicle, TerraForm Power, whichlaunched its initial public offering last week, will have the option to buy the project once it is complete.

SunEdison acquired the plant from Colorado wind and solar developer, Community Energy, with construction scheduled for 2015 reaching commercial operation by mid-2016.

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