The solar projects Misae and Sage will provide long-term, stable and predictable cash flows with an attractive risk/return profile for the CI III investors, and in operation the project will supply clean energy to power 74,000 houses per year.
Misae is a 240 MW project located approximately six miles east of the city of Childress, Texas. The project is planned to begin commercial operations in the fourth quarter of 2019. Once operational, the project is expected to generate enough clean energy to power nearly 60,000 houses per year.
Sage is a 58 MW solar PV system located in Rich County, Utah. The project is planned to begin commercial operations in August 2019. Once operational, the project is expected to generate enough clean energy to power nearly 14,000 houses per year.
