01 July 2021

City of Mesa's "Climate Action Plan" > Renewable Energy From Saints' Solar

Right - and as usual within an arms'-length "third-party middleman" in the deal, SRP Salt River Project. That's only when the city hasn't yet made contracts to guarantee reliable prices for providing other non-renewable sources for energy like natural gas or sometimes when the strategic planning for anticipated usage of municipal-owned utilities doesn't quite keep with the energy demands of booming growth.
Saint Holdings on Twitter: "Saint Holdings continues to fuel #PinalCounty  through business growth and the sun! Saint Holdings just closed Pinal  County's most significant renewable #energy deal on a new 1,000-acre,  100-megawatt
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From KJZZ report today

Mesa Asks Citizens To Conserve Electricity Amid Concerns Over Energy Supply

Published: Wednesday, June 30, 2021 - 6:21pm

Mesa is urging residents to conserve electricity as prices soar and energy reserves are diminishing. 

The city of Mesa operates its own electric utility that serves about 18,000 residential, commercial and light industrial customers in the downtown area.

Frank McRae is the city’s director of the Energy Resources Department. He said the power supply markets are tightening to a point they had projected wouldn’t happen until 2023.

"There’s typically an amount of supply that exceeds demand amongst the utilities and the power providers in the western regional markets," he said. "That margin, or what we call reserve margin, has diminished significantly over the last several years." So as a result, energy prices have spiked.

Mesa is asking customers to conserve energy consumption from 3 p.m. to 8 p.m., because energy costs for the city for that time period have increased tenfold over the past year.

McRae did not rule out the possibility that Arizona could experience widespread power outages, like those experienced in Texas in the spring.

“There’s more similarities with what happened in Texas this February, than there are differences," he said. "If a major electric generating station were to trip offline, or a wildland fire caused the utilities to shut down those high voltage transmission lines that go from remote electric generating stations into the major metropolitan areas — any one of those events could trigger something like the need to go to a rolling black out."

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Looking back to 2019 and before there were these deals: It started some time ago to find the right time and the right places to see off 'obsolete water-rights' to more than 11,400 acres on the Mesa Water Farm in Pinal County.
In 2012 they agreed to buy the land in three 5-year phases. (-2017, -2022. -2027)
"According to Natalie Lewis, assistant to city manager Chris Brady, and also lead negotiator on the deal, Mesa purchased the land in 1985 for more than $29 million for its water rights to create a water farm.
Eventually, the city found more cost-effective means to provide the city water
 
The buyer who was ready, willing and able?
  

Huge Land Sale in Pinal County Sets Up Planned 100-Megawatt Solar Project

Article originally posted on Phoenix Business Journal on May 28, 2019
A Florida energy company paid close to $15 million for over 1,000 acres in Pinal County for a new solar power project.The 100-megawatt project will be the largest solar farm in Pinal County and one of the largest in the state, said Coolidge City Manager Rick Miller.

“This is a desirable location for solar,” Miller said. “We are also working with two other companies looking to do large-scale solar projects in the area.”

Scottsdale-based Saint Holdings sold 1,027 acres to a company called Saint Solar, an entity controlled by Florida Power & Light Co., the principal subsidiary of NextEra Energy Inc., according to real estate database Vizzda.

The land sold May 15 for $14.8 million, according to Vizzda. . .The solar project is north of the planned $1 billion, 2,000-job manufacturing plant for Nikola Motor Co. and its hydrogen-electric trucks.Saint Holdings LLC also sold the land to Nikola for its facility and to California-based Lucid Motors, which is planning a $700 million electric car plant in nearby Casa Grande.

Saint Holdings is a multi-faceted real estate investment and development company with holdings in industrial, land, multifamily residential, and agriculture.
            
 
Global Water Resources has signed agreements with Saint Holdings that will result in providing water services to Saint Holding’s Inland Port Arizona, where is constructing their new facility. Contact us for shovel-ready opportunities.
 

 

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