Targa Resources Partners executes long-term power purchase agreement to enable financing of 160 MWac project to procure solar energy to advance its long term sustainability strategy to reduce emissions intensity
Clients Targa Resources Partners LP
Jones Day advised Targa Resources Partners LP on a long-term power purchase agreement to source renewable electricity from Concho Valley Solar, LLC to enable financing of a 160 MWac project to provide solar energy to Targa’s natural gas processing infrastructure in the Permian Basin in West Texas to advance its long term sustainability strategy to reduce emissions intensity.
Targa is a FORTUNE 500 company and is included in the S&P 400. Concho Valley Solar is a joint development between Merit SI and Komipo America, Inc.