Date: Monday, March 15, 2010, 3:02pm PDT - Last Modified: Sunday, May 8, 2011, 4:28pm PDT

First Solar sells 30-megawatt plant in New Mexico

First Solar Inc. has sold a 30-megawatt solar plant in New Mexico to Southern Co. and Turner Renewable Energy.

Terms of the deal were not disclosed.

Tempe-based First Solar (Nasdaq:FSLR) built the Cimarron I solar project and, like some other recent projects, sold it to utilities. The company will continue to provide operational and maintenance services under a 25-year agreement.

Read the full story in the Phoenix Business Journal.

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First Solar sells 30-megawatt plant in New Mexico