• Wednesday, June 10, 2015
    AES DISTRIBUTED ENERGY AND PARTNERS ANNOUNCE COMPLETION OF 4 MW SOLAR PV PROJECT IN LAURENS COUNTY
    FOR IMMEDIATE RELEASE

    For more information, contact: Beatriz Lleras (478) 272-3118,blleras@dublinlaurensgeorgia.com

    Dublin, GA, June 10, 2015- The Dublin-Laurens County Development Authority, along with AES Distributed Energy, today announced the commissioning of a 4 megawatt (MW) solar PV project located in the town of Dublin, in Laurens County. This system is the first of two solar PV projects being developed by AES Distributed Energy and its partners, collectively expected to supply 20 MW to the Georgia Power utility grid.

    The solar park sits on 40 acres of land on Parker Dairy Road in Laurens County, which adds to the already large acreage of solar energy in Dublin-Laurens County. Along with supplying solar energy to thousands of homes, the solar park will create a tax revenue by contributing to the tax base, which will benefit the taxpayers of Laurens County.

    “Laurens County is proud to be part of this green initiative led by AES Distributed Energy and their partners,” said Buddy Adams, Chairman of the Laurens County Board of Commissioners. “We believe that this project will not only benefit the taxpayers, but it will also inspire growth and prosperity for the future of Laurens County.”

    Gregory Electric Company, the project EPC firm, partnered with local contractors, BH Hall Ready Mix, Christian Engineering, Dublin Winlectric, Hampton Construction, and Kowtko Fencing to make this project a success.

    “Our family was proud to partner with the local community, Georgia Power Company, the state of Georgia and others to help bring this new green energy technology to Middle Georgia,” said Wayne Christian of Christian Engineers.

    Georgia Power, a subsidiary of Southern Company, will purchase 100% of the energy production from both projects from AES Distributed Energy pursuant to 20-year Power Purchase Agreements (PPAs). These projects will be among the first utility-scale solar installations for Georgia Power.  Their development rights were awarded as part of the 2013 Georgia Power Advanced Solar Initiative (GPASI) solicitation for 60 MW of utility-scale solar generation.

    “We are thrilled to have commissioned one of the first projects under Georgia Power’s ambitious solar energy initiative,” said Rob Masinter, COO of AES Distributed Energy.  “We are committed to providing safe, clean, reliable solar power to the Georgia Power electric grid for at least the next 20 years.”

    AES Distributed Energy co-developed the projects with Inovateus Solar and MS Solar Solutions Corp., a wholly-owned subsidiary of Morgan Stanley.  MS Solar Solutions is providing the construction capital and arranging for the long-term equity financing, while AES Distributed Energy will be the long-term owner and operator of both solar PV facilities.

    “Georgia Power is pleased to see yet another solar farm coming online as part of our Advanced Solar Initiative. Here in Georgia, through a constructive regulatory approach, and strong working relationships with solar developers, one of the fastest growing and most competitive solar markets in the nation is bringing more solar to customers, without the upward pressure on rates,” said Ervan Hancock, Georgia Power Renewable Implementation Manager.

    Gregory Electric is serving as primary Engineering, Procurement and Construction contractor for the two projects, collectively designed with 26 MW PV capacity utilizing SolarWorld panels mounted on Array Technologies single-axis trackers.  Schneider Electric central inverters deliver the rated 20 MW power.

    The dedication of this solar park was held this morning, Wednesday June 10, 2015 at 11:00 AM Eastern at its Parker Dairy Road location. Community leaders, as well as representatives from each partnering company attended the ceremony. Dr. Fred Williams, Chairman of the Dublin-Laurens County Development Authority was one of the key speakers.

    “The Development Authority is proud to be part of one of the largest solar power projects in the Middle Georgia area. The strategic placement of this project in Laurens County continues to prove the vibrant atmosphere for success and innovation in our community,” said Dr. Williams.

    About DLCDA
    The Dublin-Laurens County Development Authority is a publicly funded economic development organization with the mission of providing industrial recruitment efforts, and promoting and supporting existing industries in Dublin-Laurens County. Over the past five years, the DLCDA has participated in the creation of over 947 new jobs with a corresponding capital investment of $183 million. The Authority has also assisted with key expansions with a number of existing industries. The DLCDA Board consists of Dr. Fred Williams, Chairman; Roger Folsom, Vice-Chairman; Phil Gay, Secretary/Treasurer; Jimmy Allgood, Scott Beasley, Guy Cochran, and James Malone.

    About AES Distributed Energy
    AES Distributed Energy brings reliable and affordable solar power to schools, municipalities, utilities, residential marketers and private-sector commercial entities. We develop, own and operate distributed generation solar PV projects. Our partnerships with EPC contractors, equipment manufacturers and project financiers enable us to build and structure turnkey, distributed solar PV solutions that require no upfront capital outlay. Formed by the acquisition of Main Street Power Company in February 2015, and through our ongoing business relationship with MS Solar Solutions Corp, a wholly-owned subsidiary of Morgan Stanley, AES Distributed Energy has over 60 MW of distributed generation solar PV projects in operation across North America with an additional 100 MW in development in the US, Caribbean and Latin America. To learn more, please visit http://www.aesdistributedenergy.com

    About MS Solar Solutions Corp.
    MS Solar Solutions Corp. (MSSS) is an indirect, wholly owned subsidiary of Morgan Stanley (NYSE: MS), one of the world's leading financial institutions. MSSS focuses on helping to develop and finance solar photovoltaic (PV) projects through strategic relationships with industry participants including developers, suppliers, installers, governmental agencies and the community at-large.

    For more information, visit http://www.dublinlaurensgeorgia.com.

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    Download Press Release here.
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