Loans - AWARD SUMMARY


MOJAVE SOLAR LLC


This $1,124,110,000 loan award plus $47,658,000 of capitalized interest costs will provide approximately 77% of the construction funding of the Project's eligible costs, of which approximately $831,767,000 will remain in place as long-term funding for Abengoa Solar LLC's (ASL) Mojave Solar Project (MSP). MSP will be one of the world's largest parabolic trough concentrating solar power plants. Located near the city of Hinkley in California's Mojave Desert, the 250-megawatt (MW) project will operate on solar energy only, with no supplemental fossil fuel contribution. The technology is based on the same parabolic trough system that has been proven over a period of nearly 25 years at the Solar Electric Generating Systems (“SEGS”) facilities located nearby at three locations in the Mojave Desert. ASL will further enhance the proven performance of this technology through advancements in plant efficiency factors, O&M practices and the incorporation of new and significantly improved components and design. The Project will be designed to produce clean, solar electricity by means of an integrated process using solar energy to heat a synthetic petroleum-based fluid in a closed-loop system that, in turn, heats water to create steam to drive a conventional steam turbine. MSP is projected to generate more than 617,000 MWh (net) of solar-generated electricity each year, enough to provide for the annual energy needs of more than 88,000 California residential households while avoiding more than 430 kilotons of greenhouse gases that would otherwise contribute to global warming and climate change. The Project will cover a surface area of approximately 1,755 acres on previously disturbed agricutural land and its construction will create thousands of jobs, including approximately 830 construction jobs on average over a 28-month construction period, and 70 full-time jobs once completed. The Full Notice to Proceed was issued effective March 7, 2012, the first day that funding from this award was received.

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AWARD OVERVIEW

AWARD OVERVIEW
Award Number LP0000046 Funding Agency Department of the Treasury
Total Award Amount $1,124,110,000 Project Location - City Hinkley
Award Date 09/12/2011 Project Location - State CA
Project Status More than 50% Completed Project Location - Zip 92347-9305
Jobs Reported 362.57 Congressional District 08
Project Location - Country US

Recipient Information (Loans)

Recipient Information (Loans)
Recipient Name MOJAVE SOLAR LLC
Recipient DUNS Number 009497361
Recipient Address 13911 PARK AVE STE 206
Recipient City VICTORVILLE
Recipient State California
Recipient Zip 92392-2407
Recipient Congressional District 08
Recipient Country USA
Required to Report Top 5
Highly Compensated Officials
No

Projects and Jobs Information

Projects and Jobs Information
Project Title LGPO - Mojave Solar Project
Project Status More than 50% Completed
Final Project Report Submitted No
Project Activities Description Other Electric Power Generation
Quarterly Activities/Project Description The Global Progress of the Mojave Solar Project (MSP) at March 31, 2013, is 59.37%. MSP began limited construction (clearing, grading, fencing and staging for the solar field foundations) August 29, 2011 and continued with these activities and the installation of solar field foundations and removal of above ground structures through March 7, 2012. Mojave Solar LLC, received its first DOE funding on March 7, 2012, starting the Full Notice to Proceed for construction. Loan advances are being made primarily to provide for the engineering, procurement and construction of MSP. At the end of the 1st Quarter of 2013, the status of the major EPC activity completion is as follows: Earthworks, Drainage Work, SF Collector Assembly Building, SF Collector Foundations, HTF Piping Foundations, Cooling Towers: 100.0%; SF Collector Installation: 56.4%; Field Fabricated Tanks: 92.4%; Steam Generator Foundations: 92.8%; Steam Turbine Foundations: 96.8%; Engineering and Design 83.4%; Purchasing 92.7%; Manufacture and Supply 82.4%; Construction 39.3%. During Q1 2013, the major activities were the continued installation of solar field collectors, pouring of foundations for the turbine generator and steam generators, near completion of field fabricated tanks, completion of the Cooling Towers, delivery of the main genertors, completion a new substation by the interconnecting utility, completion of the HTF header pipe foundations. The expected completion date of the project is mid-2014. All major and long lead equipment and materials (steam generators, transformers, steam turbine generators, absorber tubes, piping, power block equipment, mirror panels, hydraulic drives, HTF pumps, HTF Fluid, etc.) have been ordered and are schedule for delivery to meet MSP’s completion date.
Jobs Created 362.57
Description of Jobs Created Construction Jobs Created: Laborers (Total-145.00: FTE-50.18); Ironworkers (Total-99.00: FTE-41.62); Carpenters (Total-176.00: FTE-52.09); Power Equipment Operators (Total-88.00: FTE-23.02); Truck Drivers (Total-51.00: FTE-18.84); Cement Masons (Total-53.00: FTE-8.59); Owner Operators (Total-18.00: FTE-6.04); Boilermakers (Total-13.00: FTE-6.88); Electricians (Total-3.00: FTE-0.20); Operator Engineers (Total-1.00: FTE-0.70); Pipefitters (Total-41.00: FTE-7.33); Sprinkler Fitters (Total-2.00: FTE-1.50); Plumbers (Total-5.00: FTE-0.55); Industrial Welders (Total-1.00: FTE-0.05) Direct Support (Engineers, PM, Office, Foremen) (Total-374.00: FTE-127.86); Technicians (Sampling, Testing, Lab) (Total-6.00: FTE-0.45); Survey Personnel (Total-3.00: FTE-0.29) Total Construction Jobs Created this Quarter: 1079.00 FTE Construction Jobs Created this Quarter: 346.17 Non-Construction Jobs Created: Mechanical Engineers (Total-5.00: FTE-2.02); Document Control Specialists (Total-2.00: FTE-2.00); Compliance Reporting Assistants (Total-1.00: FTE-0.94); Construction Supervision Supervisors (Total-2.00: FTE-1.83); Compliance Directors (Total-1.00: FTE-0.85); Permit Compliance Managers (Total-1.00: FTE-0.97); Project Engineers (Total-1.00: FTE-0.91); Senior Process Engineers (Total-1.00: FTE-0.88); IHS Supervisors (Total-2.00: FTE-1.11); Senior Civil Engineers (Total-1.00: FTE-0.66); Project Managers (Total-1.00: FTE-0.94); Fire Specialists (Total-1.00: FTE-0.44); Logistics Managers (Total-1.00: FTE-0.49); Purchasing and Logistics Specialists (Total-1.00: FTE-0.49); Performance Engineers (Total-1.00: FTE-0.50); O&M Managers (Total-1.00: FTE-0.42); Office Managers (Total-1.00: FTE-0.43); I&C Specialists (Total-1.00: FTE-0.39); Business Development Manager s (Total-1.00: FTE-0.01); O&M Project Managers (Total-1.00: FTE-1.00); Optical Engineers (Total-1.00: FTE-0.02); Associate Attorneys (Total-1.00: FTE-0.00); Legal Assistants (Total-1.00: FTE-0.01); Total Non-Construction Jobs Created this Quarter: 30.00 FTE Non-Construction Jobs Created this Quarter: 16.40


Purchaser Information (Loans)

Purchaser Information
Contracting Office ID Not Reported
Contracting Office Name Not Available
Contracting Office Region Not Available
TAS Major Program 89-4576

Award Information

Award Information
Award Date 09/12/2011
Award Number LP0000046
Order Number
Award Type Loans
Funding Agency ID 20
Funding Agency Name Department of the Treasury
Funding Office Name Not Available
Awarding Agency ID 89
Awarding Agency Name Department of Energy
Amount of Award $1,124,110,000
Funds Invoiced/Received $742,715,110
Expenditure Amount $742,715,110
Infrastructure Expenditure Amount $742,715,110
Infrastructure Purpose and Rationale Abengoa Solar LLC's (ASL) Mojave Solar Project (MSP) will be one of the world's largest parabolic trough concentrating solar power plants. Located near the city of Hinkley in California's Mojave Desert, the 250 (net) megawatt (MW) project will operate on solar energy only, with no supplemental fossil fuel contribution. The technology is based on the same parabolic trough system that has been proven over a period of nearly 25 years at the Solar Electric Generating Systems (“SEGS”) facilities located nearby at three locations in the Mojave Desert. ASL will further enhance the proven performance of this technology through advancements in plant efficiency factors, O&M practices and the incorporation of new and significantly improved components and design. The Project will be designed to produce clean, solar electricity by means of an integrated process using solar energy to heat a synthetic petroleum-based fluid in a closed-loop system that, in turn, heats water to create steam to drive a conventional steam turbine. Upon completion in mid-2014, MSP is projected to generate more than 617,000 MWh (net) of solar-generated electricity each year, enough to provide for the annual energy needs of more than 88,000 California residential households while avoiding more than 435 kilotons of greenhouse gases that would otherwise contribute to global warming and climate change. The Project will cover a surface area of approximately 1,755 acres on previously disturbed agricultural land and its construction will create thousands of jobs, including approximately 830 construction jobs on average over a 28-month construction period, and 70 full-time jobs once completed. The direct and indirect jobs created by the project will be located primarily in California and in neighboring states. The construction of this project will also result in the construction of a new substation and a major transmission network upgrade that will eventually become part of the CAISO transmission system and benefit the residents of California and the surrounding states.
Infrastructure Point of Contact Name Frederick Redell
Infrastructure Point of Contact Email frederick.redell@solar.abengoa.com
Infrastructure Point of Contact Phone 3039288500
Infrastructure Point of Contact Address 11500 West 13th Avenue
Infrastructure Point of Contact City Lakewood
Infrastructure Point of Contact State CO
Infrastructure Point of Contact Zip 80215-4406

Product or Service Information (Loans)

Product or Service Information
Primary Activity Code 221119
Activity Description Other Electric Power Generation

Sub-Awards Information

Sub-Awards Information
Sub-awards to Organizations 0
Sub-award Amounts to Organizations $0
Sub-Awards to Individuals 0
Sub-Award Amounts to Individuals $0
Number of Sub-awards less than $25,000/award 0
Amount of Sub-awards less than $25,000/award $0
Number of payments to vendors greater than $25,000 2
Total Amount of payments to vendors greater than $25,000/award $742,715,110
Number of payments to vendors less than $25,000/award 0
Total Amount of payments to vendors less than $25,000/award $0




Vendor Transactions

Abener Teyma Mojave General Partnership - Award Number LP0000046 - Abener Teyma Mojave General Partnership

Award Number LP0000046
Sub-Award Number N/A
Vendor DUNS Number Not reported
Vendor HQ Zip Code + 4 63017-5789
Vendor Name Abener Teyma Mojave General Partnership
Product and Service Description Engineering, Procurement and Construction Contract - Design, Procuring Equipment, Construct, Start-up and Test a 280 MW (gross) solar thermal facility under a turn-key contract with the Borrower.
Payment Amount $731,762,310

Abengoa Solar Inc. - Award Number LP0000046 - Abengoa Solar Inc.

Award Number LP0000046
Sub-Award Number N/A
Vendor DUNS Number 795486005
Vendor HQ Zip Code + 4 80215-4406
Vendor Name Abengoa Solar Inc.
Product and Service Description Owner’s Representative, Engineering, and Administrative Services Agreement - Provide Construction Oversight Services and Engineering Services for the Owner and Manage the Solar Project according to the contracts including the Loan Guarantee Agreement.
Payment Amount $10,952,800



Project Location Detail

Location Information
Latitude, Longitude 35º 0' 56", -117º 19' 49"
Congressional District 08
Address 1 42134 Harper Lake Road
Address 2
City Hinkley
County San Bernardino
State CA
Zip 92347-9305
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