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APS Backing Solar Plant To Be Built By Lockheed Martin

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By George Lobsenz In a deal solidifying plans for one of the nation's largest solar power projects, Arizona Public Service Co. has agreed to buy all the power produced at 290 megawatt concentrating solar trough plant to be built by Lockheed Martin [LMT] under a contract with Starwood Energy Group Global LLC, a private investment firm focused on the energy sector. The plant, to be located in Maricopa County about 75 miles west of Phoenix, will be owned by Greenwich,…

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