The Mount Signal 2 Plant (MS2) is located in the Imperial Valley of southern California, approximately 175km east of San Diego. In March 2018, New Energy Solar acquired 100% of the cash equity interests in the 200 MWDC solar plant from an affiliate of D.E. Shaw Renewable Investments (part of the D.E. Shaw Group, a global investment and technology development firm).
MS2 is being constructed by Swinerton Renewable Energy, a leading US constructor, and is expected to commence operations in H2 2019.
MS2 has secured a 20-year power purchase agreement (PPA) with Southern California Edison (SCE), that commences in mid-2020. SCE, a subsidiary of Edison International, serves a population of more than 15 million people and is the primary electricity provider for central, southern and coastal California.