connection agreement with essential energy

Announcement out: connection agreement received and accepted.

Key Points:
• Red Sky’s solar energy business, SOLEIR, has accepted an Offer to Connect from electricity grid owner Essential Energy for its Dubbo Solar One Project;
• The offer allows the proposed Dubbo Solar One Project to export its 2.5MW output and is a key milestone;
• It is the first high voltage utility scale PV solar project to receive an Offer to Connect from Essential Energy;
• SOLEIR will work with Essential Energy on a binding ‘tailored Connection Agreement’ for the project which is expected to be in place within four weeks;
• Red Sky acquired SOLEIR, a developer of utility scale photovoltaic (PV) solar power projects, in November 2012;
• The Dubbo Solar One Project is its first utility scale project and the project’s first module remains on schedule to be installed in the next two months.

Gaspew ;)