A US development pipeline consisting of 3GW solar and 2.5GWh of energy storage has changed hands as asset manager Magnetar Capital acquires the renewable energy business of Lendlease.
Lendlease Energy Development and the Sacramento County Municipal Utility District (SMUD) have signed off on a 30-year power purchase agreement (PPA) for Rancho Seco Solar II, a 160MW PV installation.
