US independent power producer Tenaska Inc. has closed refinancing on its 150 MW Tenaska »Imperial Solar Energy Center West« project through an issuance of $400 million of senior secured, long-term notes. The facility, located near Seeley in California’s Imperial Valley, began full commercial operation in April 2016 under a 25-year power purchase agreement with San Diego Gas and Electric (SDG&E).
An affiliate of Tenaska is the owner of »Tenaska Imperial West,« which is one of two utility-scale solar projects Tenaska has developed in the Imperial Valley. Tenaska’s »Imperial Solar Energy Center South« can produce up to 130 MW of electricity under a 25-year power purchase agreement with SDG&E.
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