Project Details

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Results Chart for Delivery Method and Financing

Delivery Method

DBFOM All Private Finance
# of Projects: 1
100% of the Results

Background informationProject Created: October 16, 2009

Project Name: Fort Irwin Solar Power Plant
Year in Operation:
Sector: Energy
Subsector: Energy Generation
Status: Project Definition / Programming
Type: New Facility
Description: Developer selected for Enhanced Use Leasing arrangement between US Army and a commercial developer to build a solar power plant of 500 MW (in Phase I) and up to an additional 500 MW (in Phase II) between 2010 and 2023 at Fort Irwin, California. The project will make the base more than energy self-sufficient, with unused power available for sale by the developer to the surrounding power grid.
Delivery Method as described in the country where it's located: Design Build Finance Operate Maintain
Is the project still active: Yes
Comments: This will be essentially a barter arrangement cover design, construction, and operations of the facility at the developer's cost, in exchange for access to the site, a revenue stream for power generated (used by the Army or offsite), and "in-kind" design/construction improvements from the developer to the Army on base.

Project Locations

Address: Fort Irwin Road
City: Fort Irwin
State: California
Country: United States of America

Souces of Project Support (Non-monetary)

Checkbox Checked Access to Land: Lease to 14000 acres at Fort Irwin, to build solar power plant.
Checkbox Checked Revenue Stream (Cash Flow) Protected Through Long Term Commitment(s) of Public Sponsor(s): Right to developer to generate electricity and to sell it to the Army (for what it needs at the Fort) and to third parties off the base.
Checkbox Checked Environmental Clearance: Assistance.

Souces of Project Support (Monetary)

Checkbox Checked

From Private Capital Markets Directly to Producers as Debt: Not disclosed yet, but all of money for construction of the plant (Phase I and II) comes from private sector.

Checkbox Checked

From Producers as Equity: Not disclosed yet, but all of money for construction of the plant (Phase I and II) comes from private sector.

Project Delivery & Finance Method

Project Delivery:
All Public Finance. Public Sponsor contracts for initial design, and separately contracts for initial construction. Public Owner operates and maintains the resulting facility.
Is there an independent checking engineer? No
Project Finance Method: All By Private Sponsor

Procurement Approach

Project Component
Qualifications
Based Selection
Request for
Qualifications
Request for
Proposals
Invitation
for Bids
Unsolicited
Proposals

Term for Key Components & Forms of Contract

Project Component
Years
Quarters
Combined Term: Initial Design, Construction, O&M Period
0
0
Forms
Description
 
 

Project Value (If and As Known)

Date of Estimated Project Value: October 16, 2009
Project Value
Hard Cost
Hard & Soft Costs
Total
$2-10 Billion US
(none)

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