Dominion Generation, Inc., a wholly owned subsidiary of Dominion Energy, Inc., announced today that it has acquired two solar generating projects from Savion LLC, a subsidiary of Macquarie's Green Investment Group.

The facilities, totaling 95 megawatts of generating capacity and located in the City of Suffolk as well as Greensville County in Virginia, are expected to be operational in 2020. Power generated at the two sites, as well as the renewable energy credits, will go to telecommunications company T-Mobile USA, Inc., under long-term power purchase agreements.

The 15-megawatt Myrtle Solar project, located on about 120 acres in the City of Suffolk, is expected to enter service in the second quarter of 2020. The 80-megawatt Greensville Solar facility, occupying more than 1,000 acres near Emporia, Va., in Greensville County, is targeted to come online in late 2020.

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Virginia   Dominion   M&A   Macquarie  

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