First, Tessera Solar sold its 850MW Calico Solar project to K Road Sun in late December and now the company has announced that its 709MW Imperial Valley solar project has been bought by AES Solar, who, like K Road, intends to convert the CSP project into a PV installation.
Although AES solar advised that it intends to work with San Diego Gas & Electric (SDG&E) on the power purchase agreement that was signed with Tessera for Imperial Valley, as earth2tech points out, Patty Rollin, a managing director at AES Solar, did not disclose extensive information, of financial details, about the company’s purchase or development plans for Imperial Valley.
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