AMP has entered into a solar power purchase agreement (PPA) with DG AMP Solar, LLC, a wholly owned subsidiary of NextEra Energy Resources, pursuant to which DG AMP Solar developed, constructed, and operates solar electric generation facilities.
AMP purchases all output from the systems and sells the output to 22 participating members pursuant to a take-and-pay power sales contract.
There are 16 systems in the project, with a total rated capacity of approximately 58.325 MW, located in Delaware, Michigan, Ohio and Virginia.
Learn more about AMP Solar Phase II here.
AMP Solar Prepayment Project Revenue Bonds
*AMP Bonds are secured by a power sales contract between AMP and its participating members, relating to the respective project. They are not secured by the general credit of AMP.