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SunPower Wins FERC Approval to Sell 125-Megawatt Solar Project in Nevada

The Federal Energy Regulatory Commission on Sept. 25 authorized SunPower Corporation to sell its membership interests in Boulder Solar III LLC to 174 Power Global Corporation and KOMIPO America Inc. The Boulder Solar project is a 125-megawatt solar photovoltaic electric power generating facility under development in Nevada. The project is expected to come online in the fourth quarter of 2020. 174 Power Global is a subsidiary of H Solutions Corporation, a South Korean corporation owned by three individuals. KOMIPO is a subsidiary of Korea Electric Power Corporation, whose shares are publicly traded, and are mainly owned by the Korea Development Bank, Government of Korea, and foreign investors. SunPower Corporation is a subsidiary of Total Solar International SAS.

September 25, 2018
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