SPI Solar Lands NJ Utility Contract

Law360, New York (January 3, 2012, 6:51 PM EST) -- California solar developer SPI Solar has won a contract to build an 11.3-megawatt solar energy facility in southern New Jersey, SPI announced Tuesday.

Construction on the fixed ground-mount facility, which will be situated in Egg Harbor Township, is scheduled to begin in the first quarter of this year, pending the close of project financing by New Jersey-based Seashore Solar Development LLC. The facility will generate electricity to feed the southern New Jersey power grid, according to SPI.

Financial terms of the contract — which names SPI...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.