Savion, a Green Investment Group portfolio company, announced that a solar project it is developing in Virginia, USA, has signed a long-term power purchase agreement to supply 75 MW of renewable solar power to Dominion Energy Virginia.
The PPA is subject to approval from the Virginia State Corporation Commission.
The project is expected to begin construction in mid-2021, with commercial operation targeted to commence by the end of 2022. The approximately $US133 million solar facility brings the number of Savion-developed projects to four in Virginia under contract, operating, or under construction resulting in 190 MW of solar power and a total investment in excess of $US285 million.
