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UTILITIESREJECTED

Sewer Authority Mid-Coastside Agenda Packet 2026-06-22

SAM Halts Solar PPA Talks With Coldwell Energy

Mid-Coastside Sewer AuthorityCOLDWELL ENERGYJune 22, 2026

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

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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