Imperial Valley Solar Project Acquired by AES Solar

Tessera Solar announced today that AES Solar, a joint venture between the AES Corporation and Riverstone Holdings, has acquired the Imperial Valley Solar Project.

AES Solar develops, finances, constructs, owns and operates utility]scale solar power plants, globally. AES Solar intends to move the project forward and is committed to working with San Diego Gas & Electric (SDG&E) to fulfill its obligations under the power purchase agreement. Future inquiries on the Imperial Valley Solar Project should be directed to AES Solar.

Tessera sold the proposed 850 MW Calico solar power plant to K Road Sun in December after the project faced a potential lawsuit. Imperial Valley was sued by a Native American tribe in California.