Fls Energy Begins Construction On 42 Megawatts Of Utility Scale Solar In N.c. – Yahoo Finance

FLS Energy January 12, 2015 10:03 AM Content preferences Done ASHEVILLE, N.C, Jan. 12, 2015 (GLOBE NEWSWIRE) — via PRWEB – FLS Energy has closed financing and begun construction on 42 megawatts of utility-scale solar farms across seven locations in North Carolina. The solar energy plants will produce approximately 64 million kilowatt hours of electricity per year or enough energy to power over 6000 average U.S. homes. The portfolio of projects is being financed as a bundle and will be the first phase of an expected 200 megawatts to be constructed by FLS Energy in 2015. Four of the projects will be located within Duke Energy territory and three projects within Dominion North Carolina Power territory. The electricity generated by the solar energy systems will be acquired through 15 year power purchase agreements. “To have a bundle of projects under construction this early in the year truly shows how our industry has matured in North Carolina,” said Dale Freudenberger, CEO of FLS Energy.
The in depth document on which this snippet was in fact based should be found at http://finance.yahoo.com/news/fls-energy-begins-construction-42-150350866.html

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