8point3 Energy Partners LP, incorporated on March 3, 2015, owns, operates and acquires solar energy generation projects. As of November 30, 2016, the Company's portfolio consisted of interests in 642 Megawatt (MW) of solar energy projects. The Company is developing projects under utility, commercial and industrial (C&I) and residential categories. As of November 30, 2016, the Company owned interests in nine utility-scale solar energy projects; four C&I solar energy projects and a portfolio of residential Distributed generation (DG) Solar assets. The Company's utility-scale and C&I project sells its energy output under long-term, fixed-price offtake agreements and its residential portfolios comprises solar installations, which are leased to homeowners under a fixed monthly rate. The Company's utility project portfolio comprises projects, including Maryland Solar, Solar Gen 2, Lost Hills Blackwell, North Star, RPU, Quinto, Hooper and Kingbird. The Company's C&I projects comprise UC Davis, Macy's California, Macy's Maryland and Kern. The Company's residential portfolio targets homeowners in the United States.
The Company's Utility Project entities have entered into agreements for energy sales, interconnection, construction, equipment supply, operations and maintenance (O&M) services, asset management services and real estate rights, among others. As of November 30, 2016, the Henrietta Project Entity owned the 102 MW Henrietta Project. As of November 30, 2016, the Hooper Project owned a 50 MW photovoltaic solar generating project located on an approximately 320-acre site owned by the Hooper Project Entity in Alamosa County, Colorado. As of November 30, 2016, the Kingbird Project Entities owned a solar energy project with an aggregate nameplate capacity of 40 MW, which is located on two adjoining sites in Kern County, California. As of November 30, 2016, the Lost Hills Project Entity and the Blackwell Project Entity owned 20 MW Lost Hills Project and the 12 MW Blackwell Project, respectively, which are located on adjoining sites in Kern County, California. As of November 30, 2016, the Maryland Solar Project Entity owned the 20 MW Maryland Solar Project. As of November 30, 2016, the North Star Project Entity owned the 60 MW North Star Project. As of November 30, 2016, the Quinto Project comprised a 108 MW solar generation facility located in Merced County, California and is situated on an approximately 949-acre site. As of November 30, 2016, the Solar Gen 2 Project Entity owned the 150 MW Solar Gen 2 Project. As of November 30, 2016, the RPU Project comprised an approximately seven MW solar generation facility located in Riverside County, California.
Commercial and Industrial Projects
The Kern Project is a solar energy project comprising systems attached to fixed-tilt carports located at 27 school sites in the Kern High School District located in Kern County, California. As of November 30, 2016, the Kern Project had an aggregate nameplate capacity of up to 21 MW. As of November 30, 2016, the Macy's California Project comprised seven solar generation facilities with approximately three MW located in Sacramento, Santa Clara, Santa Cruz, Alameda, and San Francisco counties in California. As of November 30, 2016, the Macy's Maryland Project comprised five MW roof-mounted solar photovoltaic project installed at seven Macy's department stores located in Maryland. As of November 30, 2016, the UC Davis Project comprised 13 MW solar generation facility located in Solano County, California.
As of November 30, 2016, the Residential Portfolio comprised residential solar energy systems with an aggregate of 39 MW of capacity and an average solar energy system capacity of approximately 7.95 kilowatt (KW). As of November 30, 2016, the residential portfolio comprised approximately 5,900 solar installations located in Arizona, California, Colorado, Hawaii, Massachusetts, New Jersey, New York, Pennsylvania and Vermont. As of November 30, 2016, the Company owned 100% of the membership interest in the Residential Portfolio Project Entity that owns these residential solar systems. These residential solar energy systems are provided to the customers under long-term agreements.