MidAmerican Energy Acquires Stakes in the Topaz and Agua Caliente Solar PV Projects - Deal Analysis from GlobalData
In December 2011, MidAmerican Energy acquired stakes in two ambitious solar power projects in the US. On December 7, 2011, MidAmerican Energy announced purchase of 100% stake of First Solar's 550 MW Topaz Solar power plant in San Luis Obispo County, California. On December 16, 2011, MidAmerican Energy announced a deal to purchase a 49% stake in the 290-MW Agua Caliente solar project in Yuma County, Arizona from NRG Energy (NRG). First Solar had acquired the Agua Caliente solar project from NextLight in June 2010.
Scope Includes analysis of the deal rational, impact of the deal and an analysis on the companies involved in the deal
Reasons to buy
The deal analysis provides a brief analysis of the drivers behind the deal to acquire large scale solar project and key operational and financial details of the PV projects