Wilson Sonsini Goodrich & Rosati advised Clearway Energy on the deal.
Clearway Energy Group LLC announced the start of full construction at its Daggett 3 Solar Power + Battery Energy Storage System (BESS) project in San Bernardino County, California. When completed, the entire Daggett project footprint will encompass 482 MW of solar power and a remarkable 394 MW of energy storage capacity, making it the largest solar and battery storage project currently built in California. The Daggett 3 and Daggett 2 project phases are already under contract to five different energy customers, including Clean Power Alliance (CPA), East Bay Community Energy (EBCE), Constellation, MCE, and Pacific Gas and Electric Company (PG&E). The Daggett project site borders the Coolwater Generating Station, a retired coal and natural gas power plant, that began operations in the late 70’s. When completed the entire Daggett Solar and energy storage project will have created more than 500 union labor construction jobs and will sustain at least a dozen operations, maintenance, and management jobs on site. The project will generate $210 million in local spending during construction and another $5 million on an annual basis. The entire Daggett project footprint will generate a total of $18.5 million in taxes during the life of the project, benefitting local schools, hospitals, and additional public infrastructure.
Wilson Sonsini Goodrich & Rosati represented Clearway in the negotiation of each offtake agreement and assisted with the construction financing. The team includes Peter Mostow (Picture), Matthew Bogdan, Karli McConnell, and Anna Sherman.
Involved fees earner: Matthew Bogdan – Wilson Sonsini Goodrich & Rosati; Karli McConnell – Wilson Sonsini Goodrich & Rosati; Peter Mostow – Wilson Sonsini Goodrich & Rosati; Anna Sherman – Wilson Sonsini Goodrich & Rosati;
Law Firms: Wilson Sonsini Goodrich & Rosati;
Clients: Clearway Energy, Inc;