Construction delay may stop solar sale

First Solar is warning that a construction delay threatens to undo its sale of a large solar project planned for Los Angeles County to power producer Exelon Corp.

THE NEWS TRIBUNE

Published: 02/11/12 12:05 am

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First Solar is warning that a construction delay threatens to undo its sale of a large solar project planned for Los Angeles County to power producer Exelon Corp.

The company said in a filing with the Securities and Exchange Commission on Thursday that it has been unable to resolve a construction permit issue.

That is blocking the distribution of funds from a federal loan guarantee to help pay for construction of the project.

News Tribune news services

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