PSEI Acquires 50% Stake in 300 MW Desert Quartzite Solar+Storage Project in California, Partnering with EDF Renewables

Power Sustainable Energy Infrastructure Inc. (PSEI), the renewable energy infrastructure arm of Power Sustainable (PS), and EDF Renewables North America (EDF Renewables) announced the phase 1 closing of a strategic investment in which PSEI acquired a 50% stake in the Desert Quartzite Solar+Storage Project. This investment was made in partnership with Potentia Renewables Inc. (Potentia), PSEI’s integrated developer and operator. The final phase of the investment will close upon the project’s completion and commercial operation.

Desert Quartzite, located in Riverside County, California, is currently under construction and will feature 300 megawatts (MW) of solar generation combined with a 150 MW/4-hour battery energy storage system (BESS). The electricity produced will be supplied to Clean Power Alliance, a Community Choice Aggregator serving 35 communities in Los Angeles and Ventura Counties, under a 20-year power purchase agreement (PPA). The project is expected to be completed by the end of the year, with long-term operations and maintenance managed by EDF Renewables’ Asset Optimization team.

“We are very pleased to announce our first transaction with Power Sustainable Energy Infrastructure,” said Hamed Baatout, Vice President Divestiture and Portfolio Strategy at EDF Renewables. “It’s wonderful to work with a partner who shares the same vision as us: to decarbonize energy and promote sustainable practices. We are excited to see what we can accomplish together.”

“We are proud to collaborate with Power Sustainable and EDF Renewables on the Desert Quartzite Solar+Storage Project,” added Jeremy Jagt, President, Potentia Renewables. “This investment not only underscores our commitment to expanding clean energy infrastructure in North America but also highlights our dedication to delivering sustainable and impactful energy solutions. Together, we are driving innovation that supports both environmental stewardship and the long-term energy needs of communities.”