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Agua Caliente Solar Project Receives $967M Loan Guarantee from DOE - Arizona Solar Center Blog

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Arizona Solar Center Blog

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Agua Caliente Solar Project Receives $967M Loan Guarantee from DOE

NRG Energy, Inc. (NYSE: NRG) just announced that the 290-megawatt Agua Caliente solar project has received an offer of a conditional commitment for a loan guarantee of up to $967 million from the U.S. Department of Energy. NRG's acquisition of the project from First Solar was announced last month and has a 25-year power purchase agreement with Pacific Gas and Electric Company.

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