D. E. Shaw Renewable Investments sent additional details regarding its power purchase agreements for the Rocket and Horseshoe Solar projects in Utah. The projects, which are expected to total 155 MW, will support Facebook Inc.’s Eagle Mountain Data Center, through PPAs with Rocky Mountain Power, announced earlier this month. Both projects are owned and being developed by D.E. Shaw Renewable Investments.
The projects will help Facebook meet its goal of supporting its operations in the region with 100% renewable energy and reducing greenhouse gas emissions by 75%.
Rocket Solar is an 80 megawatt alternating current solar facility to be built outside of Corinne in Box Elder County, Utah. Horseshoe Solar is a 75 megawatt alternating current solar facility to be built outside of Grantsville in Tooele County, Utah. Both projects are scheduled to begin operations in 2022 and operate under the Schedule 34 Renewable Energy Tariff, which enables customers to work with Rocky Mountain Power, a division of PacifiCorp and part of Berkshire Hathaway Energy, to meet their renewable energy goals by facilitating the construction and contracting of new renewable energy projects.
“The DESRI team is thrilled to expand our strong working relationships with Facebook and PacifiCorp to deliver cost-effective renewable power to Utah,” said Hy Martin, Chief Development Officer of DESRI. “These projects will create jobs, tax revenue, and other local economic development in communities across the state as Utah becomes a leader in the clean energy economy.”
“We’re very proud to partner with DESRI to help meet the renewable energy needs of Facebook,” said Ryan McGraw, Vice President – Project Development of PacifiCorp. “These projects represent important economic investments in rural Utah which will significantly increase the amount of solar energy produced by the state.”
The facilities are expected to generate up to 200 construction jobs and will support DESRI’s ongoing renewable energy project construction efforts in the state.
The Rocket and Horseshoe solar projects were initially developed and permitted by Enyo Renewable Energy, a joint venture among affiliates of Enyo, LLC and MAP Energy, LLC. Funds managed by MAP Energy also retain a minority equity ownership interest in the projects.Tags: D. E. Shaw Renewable Investments, Facebook, New York, PacificCorp, PPAs, Rocket Solar, Rocky Mountain Power, Utah, utility-scale