SAM Halts Solar PPA Talks With Coldwell Energy
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Description
Sewer Authority Mid-Coastside staff reported that negotiations with Coldwell Energy/Jua for a 25-year solar and battery storage power purchase agreement have stalled over unresolved legal and financial risk provisions. Staff and counsel determined they cannot recommend approval or make the required Government Code §4217.12 findings before the July 4, 2026 safe harbor deadline, and advised the Board to take no action on the project at this time.
Contract Details
Vendor
COLDWELL ENERGY
Agency
Mid-Coastside Sewer Authority, CA
Contract Type
UTILITIES
Document Date
June 22, 2026
Contract Term
Proposed 25-year term for solar and battery storage PPA
Renewal Info
No agreement was executed; staff may consider a revised PPA in the future if vendor addresses SAM’s risk and compliance concerns.
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