# Aquamarine

CAISO Solar Photovoltaic · https://askthegrid.com/assets/facilities/aquamarine

Aquamarine is a solar power facility with 250 MW of EIA-reported operating capacity in Kings County, California, registered as EIA Plant ID 62547. Project filings list 838,651 solar panels and 176 inverters for the facility. The facility interconnects at Gates at 230 kV.

## Key facts

- Technology: Solar Photovoltaic
- Power capacity: 250 MW
- Operating status: operating

## Grid and market context

- ISO/RTO: CAISO
- Balancing authority: CAISO
- Substation: Gates
- Point of interconnection: Gates
- Transmission owner: Pacific Gas and Electric Company
- Interconnection voltage: 230 kV

## Source-backed facts

- Owner logo domain: cimgroup.com — CIM Group | An Alternative Approach to Creating Value · confidence: medium
- Identifiers: [{"value":"62547","system":"EIA plant code"},{"value":"50851","system":"FERC/EIA record ID"},{"value":"AQUAM","system":"EIA generator ID"},{"value":"1117","system":"CAISO interconnection queue ID"},{"value":"C08","system":"CAISO interconnection cluster"},{"value":"Gates 230 kV","system":"CAISO interconnection point"},{"value":"AQUAWS_2_AQWSR1","system":"CAISO market-resource ID"},{"value":"CAISO","system":"ISO/RTO"}] — Public Queue Report · confidence: medium
- Identifiers: [{"value":"62547","system":"EIA plant code"},{"value":"50851","system":"FERC/EIA record ID"},{"value":"AQUAM","system":"EIA generator ID"},{"value":"1117","system":"CAISO interconnection queue ID"},{"value":"C08","system":"CAISO interconnection cluster"},{"value":"Gates 230 kV","system":"CAISO interconnection point"},{"value":"AQUAWS_2_AQWSR1","system":"CAISO market-resource ID"},{"value":"CAISO","system":"ISO/RTO"}] — Curtailed · confidence: medium
- Description: Aquamarine is a 250 MW AC solar photovoltaic facility in Kings County, California, with one generating unit. The facility is located south of South Avenal Cutoff and 25th Avenue and interconnects at the Gates 230 kV point of interconnection. It became fully operational at the end of 2021 as the first solar project in CIM Group’s Westlands Solar Park. — Turning Contaminated Farmland into Clean Energy | Aquamarine Solar Project · confidence: high
- Identifiers.3: {"value":"1117","system":"CAISO interconnection queue ID"} — Public Queue Report · confidence: high
- Identifiers.4: {"value":"C08","system":"CAISO interconnection cluster"} — Public Queue Report · confidence: high
- Identifiers.6: {"value":"AQUAWS_2_AQWSR1","system":"CAISO market-resource ID"} — Curtailed · confidence: high
- Parties.0: {"relationship":"Owner / seller","name":"Aquamarine Westside LLC","official_url":null} — westlands solar park - power purchase agreement · confidence: high
- Parties.1: {"relationship":"Developer / operator","name":"CIM Group","official_url":"https://www.cimgroup.com/"} — Turning Contaminated Farmland into Clean Energy | Aquamarine Solar Project · confidence: high
- Parties.2: {"relationship":"Lead EPC / project lead","name":"SOLV Energy","official_url":"https://www.solvenergy.com/"} — One of North America’s largest solar projects nears completion - Blymyer Engineers · confidence: medium
- Parties.3: {"relationship":"Design engineer","name":"Blymyer Engineers","official_url":"https://blymyerengineers.com/"} — One of North America’s largest solar projects nears completion - Blymyer Engineers · confidence: high
- Parties.4: {"relationship":"Construction and technology-infrastructure contractor","name":"BEI Construction","official_url":"https://beiconstruction.com/"} — One of North America’s largest solar projects nears completion - Blymyer Engineers · confidence: medium
- Parties.4: {"relationship":"Construction and technology-infrastructure contractor","name":"BEI Construction","official_url":"https://beiconstruction.com/"} — SOLV Energy chooses BEI Construction for fiber installation - BEI Construction · confidence: medium
- Parties.5: {"relationship":"Debt-financing lead arranger","name":"Deutsche Bank","official_url":"https://www.db.com/"} — CIM Group’s Aquamarine, 250-megawatt Solar Photovoltaic Project at Westlands Solar Park, Set to Be Fully Operational by Fall 2021 · confidence: high
- Parties.6: {"relationship":"Power offtaker","name":"Valley Clean Energy Alliance","official_url":"https://valleycleanenergy.org/"} — Valley Clean Energy Begins Receiving Electricity From Large Central Valley Solar Project - Valley Clean Energy · confidence: high
- Parties.7: {"relationship":"Renewable-energy-credit offtaker","name":"Silicon Valley Power","official_url":null} — CIM Group’s Aquamarine, 250-megawatt Solar Photovoltaic Project at Westlands Solar Park, Set to Be Fully Operational by Fall 2021 · confidence: high
- Product url: https://www.ingeteam.com/en/ingecon-sun-fsk-c-series — INGECON SUN FSK C Series | Ingeteam · confidence: medium
- Product url: https://www.ingeteam.com/en/ingecon-sun-fsk-c-series — Source · confidence: medium
- Modules or panels: 838651 — Source · confidence: medium
- Description: Aquamarine is a 250 MW AC solar photovoltaic facility with one generating unit in Kings County, California. The facility uses approximately 838,651 monofacial modules on horizontal single-axis trackers, has approximately 325.399 MW DC of module capacity, and interconnects at the Gates 230 kV point of interconnection. Aquamarine Westside LLC is the project entity and PPA seller, while CIM Group developed and operates the asset. Construction began in 2020 and concluded at year-end 2021; the facility began contributing power to the California grid during 2021. — Turning Contaminated Farmland into Clean Energy | Aquamarine Solar Project · confidence: high
- Financing summary: Debt and tax-equity financing had closed by May 24, 2021, with Deutsche Bank as lead arranger of the debt financing. A July 19, 2021 CohnReznick Capital disclosure identified $51 million of tax-equity financing and named CohnReznick Capital as CIM’s financial adviser. The debt amount and tax-equity investor were not disclosed. CIM’s separate estimate of approximately $3 billion relates to the planned full buildout of Westlands Solar Park, not Aquamarine sale consideration or a project-level transaction value. — CIM Group’s Aquamarine, 250-megawatt Solar Photovoltaic Project at Westlands Solar Park, Set to Be Fully Operational by Fall 2021 · confidence: high
- Financing summary: Debt and tax-equity financing had closed by May 24, 2021, with Deutsche Bank as lead arranger of the debt financing. A July 19, 2021 CohnReznick Capital disclosure identified $51 million of tax-equity financing and named CohnReznick Capital as CIM’s financial adviser. The debt amount and tax-equity investor were not disclosed. CIM’s separate estimate of approximately $3 billion relates to the planned full buildout of Westlands Solar Park, not Aquamarine sale consideration or a project-level transaction value. — CohnReznick Capital Advises CIM Group in Raising Tax... · confidence: high
- Financing summary: Debt and tax-equity financing had closed by May 24, 2021, with Deutsche Bank as lead arranger of the debt financing. A July 19, 2021 CohnReznick Capital disclosure identified $51 million of tax-equity financing and named CohnReznick Capital as CIM’s financial adviser. The debt amount and tax-equity investor were not disclosed. CIM’s separate estimate of approximately $3 billion relates to the planned full buildout of Westlands Solar Park, not Aquamarine sale consideration or a project-level transaction value. — CIM Group Celebrates Completion and Commercial Operation of Aquamarine, 250-Megawatt Solar Photovoltaic Project within Westlands Solar Park · confidence: high
- Timeline: [{"event":"Land-rights acquisition for Westlands development","date":"2014","detail":"CIM and a joint-venture partner obtained rights to acquire more than 20,000 acres of drainage-impaired Central Valley farmland for clean-energy development. The source does not identify a separate acquisition of Aquamarine or a seller."},{"event":"Power purchase agreement executed","date":"2020-02-14","detail":"Aquamarine Westside LLC and Valley Clean Energy Alliance entered into the Westlands Solar Park power purchase agreement; VCE contracted for a 50 MW share of the 250 MW project."},{"event":"Construction started","date":"2020","detail":"Construction of the 250 MW Aquamarine project began as the first utility-scale project in Westlands Solar Park."},{"event":"Debt and tax-equity financing closed","date":"2021-05","detail":"CIM announced that debt and tax-equity financing had closed; Deutsche Bank acted as lead arranger of the debt financing."},{"event":"Tax-equity financing disclosed","date":"2021-07","detail":"CohnReznick Capital reported that it advised CIM on $51 million of tax-equity financing and related debt financings for Project Aquamarine."},{"event":"Commercial operation began","date":"2021-09-17","detail":"The project began commercial operations after PG&E and CAISO approved its connection to the California power grid."},{"event":"Construction concluded and facility became fully operational","date":"2021-12","detail":"CIM reported that construction concluded at year-end 2021, on time and on budget, and that Aquamarine became fully operational."},{"event":"Completion and commercial-operation celebration","date":"2022-02-01","detail":"CIM held a public event commemorating completion and commercial operation of the 250 MW project."},{"event":"Project sale, retirement, or repowering","date":null,"detail":"No separate project sale, acquisition by a new owner, retirement, or repowering transaction was disclosed in the cited project, financing, PPA, corporate, EIA, or CAISO records."}] — Turning Contaminated Farmland into Clean Energy | Aquamarine Solar Project · confidence: medium
- Timeline: [{"event":"Land-rights acquisition for Westlands development","date":"2014","detail":"CIM and a joint-venture partner obtained rights to acquire more than 20,000 acres of drainage-impaired Central Valley farmland for clean-energy development. The source does not identify a separate acquisition of Aquamarine or a seller."},{"event":"Power purchase agreement executed","date":"2020-02-14","detail":"Aquamarine Westside LLC and Valley Clean Energy Alliance entered into the Westlands Solar Park power purchase agreement; VCE contracted for a 50 MW share of the 250 MW project."},{"event":"Construction started","date":"2020","detail":"Construction of the 250 MW Aquamarine project began as the first utility-scale project in Westlands Solar Park."},{"event":"Debt and tax-equity financing closed","date":"2021-05","detail":"CIM announced that debt and tax-equity financing had closed; Deutsche Bank acted as lead arranger of the debt financing."},{"event":"Tax-equity financing disclosed","date":"2021-07","detail":"CohnReznick Capital reported that it advised CIM on $51 million of tax-equity financing and related debt financings for Project Aquamarine."},{"event":"Commercial operation began","date":"2021-09-17","detail":"The project began commercial operations after PG&E and CAISO approved its connection to the California power grid."},{"event":"Construction concluded and facility became fully operational","date":"2021-12","detail":"CIM reported that construction concluded at year-end 2021, on time and on budget, and that Aquamarine became fully operational."},{"event":"Completion and commercial-operation celebration","date":"2022-02-01","detail":"CIM held a public event commemorating completion and commercial operation of the 250 MW project."},{"event":"Project sale, retirement, or repowering","date":null,"detail":"No separate project sale, acquisition by a new owner, retirement, or repowering transaction was disclosed in the cited project, financing, PPA, corporate, EIA, or CAISO records."}] — Source · confidence: medium
- Timeline: [{"event":"Land-rights acquisition for Westlands development","date":"2014","detail":"CIM and a joint-venture partner obtained rights to acquire more than 20,000 acres of drainage-impaired Central Valley farmland for clean-energy development. The source does not identify a separate acquisition of Aquamarine or a seller."},{"event":"Power purchase agreement executed","date":"2020-02-14","detail":"Aquamarine Westside LLC and Valley Clean Energy Alliance entered into the Westlands Solar Park power purchase agreement; VCE contracted for a 50 MW share of the 250 MW project."},{"event":"Construction started","date":"2020","detail":"Construction of the 250 MW Aquamarine project began as the first utility-scale project in Westlands Solar Park."},{"event":"Debt and tax-equity financing closed","date":"2021-05","detail":"CIM announced that debt and tax-equity financing had closed; Deutsche Bank acted as lead arranger of the debt financing."},{"event":"Tax-equity financing disclosed","date":"2021-07","detail":"CohnReznick Capital reported that it advised CIM on $51 million of tax-equity financing and related debt financings for Project Aquamarine."},{"event":"Commercial operation began","date":"2021-09-17","detail":"The project began commercial operations after PG&E and CAISO approved its connection to the California power grid."},{"event":"Construction concluded and facility became fully operational","date":"2021-12","detail":"CIM reported that construction concluded at year-end 2021, on time and on budget, and that Aquamarine became fully operational."},{"event":"Completion and commercial-operation celebration","date":"2022-02-01","detail":"CIM held a public event commemorating completion and commercial operation of the 250 MW project."},{"event":"Project sale, retirement, or repowering","date":null,"detail":"No separate project sale, acquisition by a new owner, retirement, or repowering transaction was disclosed in the cited project, financing, PPA, corporate, EIA, or CAISO records."}] — CIM Group Celebrates Completion and Commercial Operation of Aquamarine, 250-Megawatt Solar Photovoltaic Project within Westlands Solar Park · confidence: medium
- Timeline: [{"event":"Land-rights acquisition for Westlands development","date":"2014","detail":"CIM and a joint-venture partner obtained rights to acquire more than 20,000 acres of drainage-impaired Central Valley farmland for clean-energy development. The source does not identify a separate acquisition of Aquamarine or a seller."},{"event":"Power purchase agreement executed","date":"2020-02-14","detail":"Aquamarine Westside LLC and Valley Clean Energy Alliance entered into the Westlands Solar Park power purchase agreement; VCE contracted for a 50 MW share of the 250 MW project."},{"event":"Construction started","date":"2020","detail":"Construction of the 250 MW Aquamarine project began as the first utility-scale project in Westlands Solar Park."},{"event":"Debt and tax-equity financing closed","date":"2021-05","detail":"CIM announced that debt and tax-equity financing had closed; Deutsche Bank acted as lead arranger of the debt financing."},{"event":"Tax-equity financing disclosed","date":"2021-07","detail":"CohnReznick Capital reported that it advised CIM on $51 million of tax-equity financing and related debt financings for Project Aquamarine."},{"event":"Commercial operation began","date":"2021-09-17","detail":"The project began commercial operations after PG&E and CAISO approved its connection to the California power grid."},{"event":"Construction concluded and facility became fully operational","date":"2021-12","detail":"CIM reported that construction concluded at year-end 2021, on time and on budget, and that Aquamarine became fully operational."},{"event":"Completion and commercial-operation celebration","date":"2022-02-01","detail":"CIM held a public event commemorating completion and commercial operation of the 250 MW project."},{"event":"Project sale, retirement, or repowering","date":null,"detail":"No separate project sale, acquisition by a new owner, retirement, or repowering transaction was disclosed in the cited project, financing, PPA, corporate, EIA, or CAISO records."}] — First Phase of CIM Group’s Massive Solar Park in Central Valley Operational - Los Angeles Business Journal · confidence: medium
- Timeline: [{"event":"Land-rights acquisition for Westlands development","date":"2014","detail":"CIM and a joint-venture partner obtained rights to acquire more than 20,000 acres of drainage-impaired Central Valley farmland for clean-energy development. The source does not identify a separate acquisition of Aquamarine or a seller."},{"event":"Power purchase agreement executed","date":"2020-02-14","detail":"Aquamarine Westside LLC and Valley Clean Energy Alliance entered into the Westlands Solar Park power purchase agreement; VCE contracted for a 50 MW share of the 250 MW project."},{"event":"Construction started","date":"2020","detail":"Construction of the 250 MW Aquamarine project began as the first utility-scale project in Westlands Solar Park."},{"event":"Debt and tax-equity financing closed","date":"2021-05","detail":"CIM announced that debt and tax-equity financing had closed; Deutsche Bank acted as lead arranger of the debt financing."},{"event":"Tax-equity financing disclosed","date":"2021-07","detail":"CohnReznick Capital reported that it advised CIM on $51 million of tax-equity financing and related debt financings for Project Aquamarine."},{"event":"Commercial operation began","date":"2021-09-17","detail":"The project began commercial operations after PG&E and CAISO approved its connection to the California power grid."},{"event":"Construction concluded and facility became fully operational","date":"2021-12","detail":"CIM reported that construction concluded at year-end 2021, on time and on budget, and that Aquamarine became fully operational."},{"event":"Completion and commercial-operation celebration","date":"2022-02-01","detail":"CIM held a public event commemorating completion and commercial operation of the 250 MW project."},{"event":"Project sale, retirement, or repowering","date":null,"detail":"No separate project sale, acquisition by a new owner, retirement, or repowering transaction was disclosed in the cited project, financing, PPA, corporate, EIA, or CAISO records."}] — CohnReznick Capital Advises CIM Group in Raising Tax... · confidence: medium
- Quality notes.0: The 2014 acquisition record concerns CIM and a joint-venture partner obtaining rights to acquire more than 20,000 acres of drainage-impaired farmland for the Westlands development; it does not document a purchase of the operating Aquamarine project itself. — Turning Contaminated Farmland into Clean Energy | Aquamarine Solar Project · confidence: medium
- Quality notes.2: The disclosed project financing includes $51 million of tax equity. The debt amount and tax-equity investor were not named in the cited public disclosures; Deutsche Bank was identified as debt-financing lead arranger. — CIM Group’s Aquamarine, 250-megawatt Solar Photovoltaic Project at Westlands Solar Park, Set to Be Fully Operational by Fall 2021 · confidence: high
- Quality notes.2: The disclosed project financing includes $51 million of tax equity. The debt amount and tax-equity investor were not named in the cited public disclosures; Deutsche Bank was identified as debt-financing lead arranger. — CohnReznick Capital Advises CIM Group in Raising Tax... · confidence: high
- Quality notes.3: No separate expansion, retirement, or repowering event was identified. CAISO records identify Aquamarine Westside as a completed, operational 250 MW photovoltaic resource. — Public Queue Report · confidence: medium
- Timeline.0: {"event":"Land-rights acquisition for Westlands development","date":"2014","detail":"CIM and a joint-venture partner obtained rights to acquire more than 20,000 acres of drainage-impaired Central Valley farmland for clean-energy development. The source does not identify a separate acquisition of Aquamarine or a seller."} — Turning Contaminated Farmland into Clean Energy | Aquamarine Solar Project · confidence: high
- Timeline.2: {"event":"Construction started","date":"2020","detail":"Construction of the 250 MW Aquamarine project began as the first utility-scale project in Westlands Solar Park."} — CIM Group Celebrates Completion and Commercial Operation of Aquamarine, 250-Megawatt Solar Photovoltaic Project within Westlands Solar Park · confidence: high
- Timeline.3: {"event":"Debt and tax-equity financing closed","date":"2021-05","detail":"CIM announced that debt and tax-equity financing had closed; Deutsche Bank acted as lead arranger of the debt financing."} — CIM Group’s Aquamarine, 250-megawatt Solar Photovoltaic Project at Westlands Solar Park, Set to Be Fully Operational by Fall 2021 · confidence: high
- Timeline.4: {"event":"Tax-equity financing disclosed","date":"2021-07","detail":"CohnReznick Capital reported that it advised CIM on $51 million of tax-equity financing and related debt financings for Project Aquamarine."} — CohnReznick Capital Advises CIM Group in Raising Tax... · confidence: medium
- Timeline.5: {"event":"Commercial operation began","date":"2021-09-17","detail":"The project began commercial operations after PG&E and CAISO approved its connection to the California power grid."} — First Phase of CIM Group’s Massive Solar Park in Central Valley Operational - Los Angeles Business Journal · confidence: medium
- Timeline.6: {"event":"Construction concluded and facility became fully operational","date":"2021-12","detail":"CIM reported that construction concluded at year-end 2021, on time and on budget, and that Aquamarine became fully operational."} — CIM Group Celebrates Completion and Commercial Operation of Aquamarine, 250-Megawatt Solar Photovoltaic Project within Westlands Solar Park · confidence: high
- Timeline.7: {"event":"Completion and commercial-operation celebration","date":"2022-02-01","detail":"CIM held a public event commemorating completion and commercial operation of the 250 MW project."} — CIM Group Celebrates Completion and Commercial Operation of Aquamarine, 250-Megawatt Solar Photovoltaic Project within Westlands Solar Park · confidence: high
- Timeline.8: {"event":"Project sale, retirement, or repowering","date":null,"detail":"No separate project sale, acquisition by a new owner, retirement, or repowering transaction was disclosed in the cited project, financing, PPA, corporate, EIA, or CAISO records."} — Turning Contaminated Farmland into Clean Energy | Aquamarine Solar Project · confidence: medium
- Commercial parties.0: {"relationship":"Project entity / PPA seller","name":"Aquamarine Westside LLC","detail":"Delaware project company identified as the seller under the Aquamarine power purchase agreement and associated with the 250 MW project.","official_url":null} — Source · confidence: high
- Commercial parties.1: {"relationship":"Developer / owner / operator","name":"CIM Group","detail":"Developed Aquamarine as the first solar project in Westlands Solar Park and operates the asset through its development and operations teams.","official_url":"https://www.cimgroup.com/"} — Turning Contaminated Farmland into Clean Energy | Aquamarine Solar Project · confidence: high
- Commercial parties.2: {"relationship":"Lead EPC / project lead","name":"SOLV Energy","detail":"Led the Aquamarine project and provided solar engineering, procurement, construction, and related project services.","official_url":"https://www.solvenergy.com/"} — One of North America’s largest solar projects nears completion - Blymyer Engineers · confidence: high
- Commercial parties.3: {"relationship":"Design engineer","name":"Blymyer Engineers","detail":"Provided design services, including design of the 230 kV substation and grid-connection infrastructure.","official_url":"https://blymyerengineers.com/"} — One of North America’s largest solar projects nears completion - Blymyer Engineers · confidence: high
- Commercial parties.4: {"relationship":"Construction contractor","name":"BEI Construction","detail":"Constructed key portions of the Aquamarine project, including renewable-energy and electrical infrastructure work.","official_url":"https://beiconstruction.com/"} — One of North America’s largest solar projects nears completion - Blymyer Engineers · confidence: high
- Commercial parties.5: {"relationship":"Debt-financing lead arranger","name":"Deutsche Bank","detail":"Acted as lead arranger for the debt financing that closed during project construction in 2021.","official_url":"https://www.db.com/"} — CIM Group’s Aquamarine, 250-megawatt Solar Photovoltaic Project at Westlands Solar Park, Set to Be Fully Operational by Fall 2021 · confidence: high
- Commercial parties.6: {"relationship":"Financial adviser","name":"CohnReznick Capital","detail":"Advised CIM on the project’s tax-equity and debt financings, including the disclosed $51 million tax-equity financing.","official_url":"https://crc-ib.com/"} — CohnReznick Capital Advises CIM Group in Raising Tax Equity and Debt for 250MW Solar Project | CRC-IB · confidence: high
- Commercial parties.7: {"relationship":"Power offtaker","name":"Valley Clean Energy Alliance","detail":"Signed a 15-year contract to purchase 50 MW of renewable power from Aquamarine Westside’s 250 MW project.","official_url":"https://valleycleanenergy.org/"} — Valley Clean Energy Begins Receiving Electricity From Large Central Valley Solar Project - Valley Clean Energy · confidence: high
- Commercial parties.8: {"relationship":"Renewable-energy-credit offtaker","name":"Silicon Valley Power","detail":"Entered into an arrangement with CIM for renewable-energy credits associated with 75 MW of Aquamarine capacity.","official_url":null} — CIM Group Celebrates Completion and Commercial Operation of Aquamarine, 250-Megawatt Solar Photovoltaic Project within Westlands Solar Park · confidence: medium
- Commercial parties.9: {"relationship":"Solar-module supplier","name":"WAAREE Energies Limited","detail":"Supplied more than 300 MW of high-efficiency 385 Wp and 390 Wp monocrystalline PERC modules for Aquamarine.","official_url":"https://waaree.com/"} — WAAREE completes the supply of 300+MW solar modules for Aquamarine project - USA · confidence: medium

## Timeline

- 2014 — Land-rights acquisition for Westlands development
  CIM and a joint-venture partner obtained rights to acquire more than 20,000 acres of drainage-impaired Central Valley farmland for clean-energy development. The source does not identify a separate acquisition of Aquamarine or a seller.
  Source: Turning Contaminated Farmland into Clean Energy | Aquamarine Solar Project (https://www.cimgroup.com/case-studies/aquamarine-solar-project)
- 2020 — Construction started
  Construction of the 250 MW Aquamarine project began as the first utility-scale project in Westlands Solar Park.
  Source: CIM Group Celebrates Completion and Commercial Operation of Aquamarine, 250-Megawatt Solar Photovoltaic Project within Westlands Solar Park (https://www.cimgroup.com/press-releases/cim-group-celebrates-completion-and-commercial-operation-of-aquamarine-250-megawatt-solar-photovoltaic-project-within-westlands-solar-park)
- 2020-02-13 — Power purchase agreement
  Valley Clean Energy Alliance approved a PPA with Aquamarine Westside, LLC for a 50 MW share of the 250 MW Aquamarine project. The approved term was 15 years.
  Source: Source (https://valleycleanenergy.org/wp-content/uploads/Item-19-Aquamarine-PPA-2-13-20.pdf)
- 2021-05 — Debt and tax-equity financing closed
  CIM announced that debt and tax-equity financing had closed; Deutsche Bank acted as lead arranger of the debt financing.
  Source: CIM Group’s Aquamarine, 250-megawatt Solar Photovoltaic Project at Westlands Solar Park, Set to Be Fully Operational by Fall 2021 (https://www.cimgroup.com/press-releases/cim-groups-aquamarine-250-megawatt-solar-photovoltaic-project-at-westlands-solar-park-set-to-be-fully-operational-by-fall-2021)
- 2021-12 — Construction concluded and facility became fully operational
  CIM reported that construction concluded at year-end 2021, on time and on budget, and that Aquamarine became fully operational.
  Source: Turning Contaminated Farmland into Clean Energy | Aquamarine Solar Project (https://www.cimgroup.com/case-studies/aquamarine-solar-project)
- 2022-02-01 — Completion and commercial-operation celebration
  CIM held a public event commemorating completion and commercial operation of the 250 MW project.
  Source: CIM Group Celebrates Completion and Commercial Operation of Aquamarine, 250-Megawatt Solar Photovoltaic Project within Westlands Solar Park (https://www.cimgroup.com/press-releases/cim-group-celebrates-completion-and-commercial-operation-of-aquamarine-250-megawatt-solar-photovoltaic-project-within-westlands-solar-park)

## Sources

- [CIM Group | An Alternative Approach to Creating Value](https://www.cimgroup.com/) — cimgroup.com · tier other
- [Public Queue Report](https://www.caiso.com/documents/publicqueuereport.xlsx) — caiso.com · tier other
- [Curtailed](https://www.caiso.com/documents/curtailed-non-operational-generator-am-report-20260127.xlsx) — caiso.com · tier other
- [Turning Contaminated Farmland into Clean Energy | Aquamarine Solar Project](https://www.cimgroup.com/case-studies/aquamarine-solar-project) — cimgroup.com · tier other
- [westlands solar park - power purchase agreement](https://valleycleanenergy.org/wp-content/uploads/1.-Aquamarine-VCE-Executed-PPA-PUBLIC.pdf) — valleycleanenergy.org · tier other
- [Source](https://valleycleanenergy.org/wp-content/uploads/Reso-2021-009-First-Amendment-to-Westlands-Aquamarine-PPA.pdf) — valleycleanenergy.org · tier other
- [One of North America’s largest solar projects nears completion - Blymyer Engineers](https://blymyerengineers.com/one-of-north-americas-largest-solar-projects-nears-completion/) — blymyerengineers.com · tier other
- [SOLV Energy chooses BEI Construction for fiber installation - BEI Construction](https://beiconstruction.com/solv-energy-chooses-bei-construction-for-fiber-installation) — beiconstruction.com · tier other
- [CIM Group’s Aquamarine, 250-megawatt Solar Photovoltaic Project at Westlands Solar Park, Set to Be Fully Operational by Fall 2021](https://www.cimgroup.com/press-releases/cim-groups-aquamarine-250-megawatt-solar-photovoltaic-project-at-westlands-solar-park-set-to-be-fully-operational-by-fall-2021) — cimgroup.com · tier other
- [Valley Clean Energy Begins Receiving Electricity From ...](https://valleycleanenergy.org/news/valley-clean-energy-begins-receiving-electricity-from-large-central-valley-solar-project/) — valleycleanenergy.org · tier other
- [INGECON SUN FSK C Series | Ingeteam](https://www.ingeteam.com/en/ingecon-sun-fsk-c-series) — ingeteam.com · tier other
- [Source](https://www.waaree.com/usa/en/solar-pv-modules/mono-perc/) — waaree.com · tier other
- [Ingeteam makes its largest supply of solar inverters in the US | Ingeteam](https://www.ingeteam.com/en/Pressroom/Corporate/tabid/1574/articleType/ArticleView/articleId/3234/Ingeteam-makes-its-largest-supply-of-solar-inverters-in-the-US.aspx) — ingeteam.com · tier other
- [CIM Group Celebrates Completion and Commercial Operation of Aquamarine, 250-Megawatt Solar Photovoltaic Project within Westlands Solar Park](https://www.cimgroup.com/press-releases/cim-group-celebrates-completion-and-commercial-operation-of-aquamarine-250-megawatt-solar-photovoltaic-project-within-westlands-solar-park) — cimgroup.com · tier other
- [CohnReznick Capital Advises CIM Group in Raising Tax Equity and Debt for 250MW Solar Project | CRC-IB](https://crc-ib.com/cohnreznick-capital-advises-cim-group-in-raising-tax-equity-and-debt-for-250mw-solar-project/) — crc-ib.com · tier other
- [First Phase of CIM Group’s Massive Solar Park in Central Valley Operational - Los Angeles Business Journal](https://labusinessjournal.com/infrastructure/first-phase-cim-groups-massive-solar-park-central/) — labusinessjournal.com · tier other
- [WAAREE completes the supply of 300+MW solar modules for Aquamarine project - USA](https://www.prnewswire.com/news-releases/waaree-completes-the-supply-of-300mw-solar-modules-for-aquamarine-project--usa-301341821.html) — prnewswire.com · tier other
- [Resource adequacy | California ISO](https://www.caiso.com/generation-transmission/resource-adequacy) — caiso.com · tier other
- [Resource category and phase](https://www.caiso.com/documents/resourcecategoryandphaseallparticipatingresourceids.xlsx) — caiso.com · tier other

## Data quality

- The 2014 acquisition record concerns CIM and a joint-venture partner obtaining rights to acquire more than 20,000 acres of drainage-impaired farmland for the Westlands development; it does not document a purchase of the operating Aquamarine project itself. The cited records do not establish that entity as a separate predecessor owner or identify a seller, buyer, or consideration for a project sale. The disclosed project financing includes $51 million of tax equity. The debt amount and tax-equity investor were not named in the cited public disclosures; Deutsche Bank was identified as debt-financing lead arranger. No separate expansion, retirement, or repowering event was identified. CAISO records identify Aquamarine Westside as a completed, operational 250 MW photovoltaic resource.

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Source: Ask the Grid — https://askthegrid.com/