Invenergy, the company in charge of the Phoenix Solar project outside of Luning, released a press announcement stating that they have arranged debt financing for the Luning Solar Energy Center, which is currently under construction.
When completed, the center will have the capacity to generate approximately 50 MW of power from over 200,000 PV modules when the commercial operation is completed early next year, the release stated.
“We’re pleased to reach financial close of the Luning solar facility and to partner with Liberty Utilities to deliver even more clean energy to the region,” said Jim Murphy, Chief Financial officer and Operating Business Group President at Invenergy.
After completed, the solar plant will be sold to Liberty Utilities who will provide electric service to approximately 49,000 customers on the California side of Lake Tahoe including the cities of Markleeville; Woodfords; Topaz; Coleville; Walker and parts of Truckee; Verdi; Portola and Loyalton.
To date, the Luning Solar Energy Center has employed 250 full-time workers during the construction and will require full-time staffing after commercial operations.
It is unknown how many of the 250 employed are Mineral County residents.