AIMCo-backed sPower acquires Idaho solar project
Sustainable Power Group (sPower), a Salt Lake City, Utah-based owner and operator of U.S. solar and wind assets, has acquired the 55 megawatt direct current Idaho Solar 1 project. No financial terms were disclosed. Located in Kuna County, Idaho, and placed in service in 2016, the system will continue to operate and sell all output to Idaho Power Co. The acquisition is sPower's first since it was bought last year by AES Corp and Alberta Investment Management Corp (AIMCo) for US$853 million.
25 September 2018•2 mins read
