Description of Business and Basis of Presentation (Tables)

9 Months Ended

Aug. 31, 2016

Organization Consolidation And Presentation Of Financial Statements [Abstract]

Summary of Assets Comprise the Partnership's Portfolio

The following table provides an overview of the assets that comprise the Partnership’s portfolio (the “Portfolio”) as of August 31, 2016:

					Remaining
					Term of
	Commercial				Offtake Agreement
Project	Operation Date(1)	MW(ac)(2)		Counterparty	(in years)(3)
Utility
Maryland Solar	February 2014		20	First Energy Solutions		16.6
Solar Gen 2	November 2014		150	San Diego Gas & Electric		23.2
Lost Hills Blackwell	April 2015		32	City of Roseville/Pacific Gas and Electric	27.3(4)
North Star	June 2015		60	Pacific Gas and Electric		18.8
RPU	September 2015		7	City of Riverside		24.1
Quinto	November 2015		108	Southern California Edison		19.3
Hooper	December 2015		50	Public Service Company of Colorado		19.3
Kingbird	April 2016		40	Southern California Public Power Authority (5)		19.7
Commercial & Industrial
UC Davis	September 2015		13	University of California		19.0
Macy's California	October 2015		3	Macy's Corporate Services		19.2
Macy’s Maryland	October 2016		5	Macy's Corporate Services		20.0
Kern Phase 1(a) Assets	December 2016		3	Kern High School District		20.0
Residential Portfolio	June 2014		39	Approx. 5,900 homeowners(6)	16.0(7)
Total			530

(1) For the Macy’s California Project, the Macy’s Maryland Project and the Kern Phase 1(a) Assets (as defined below), commercial operation date (“COD”) represents the first date on which all of the solar generation systems within each of the Macy’s California Project, the Macy’s Maryland Project and the Kern Phase 1(a) Assets, respectively, have achieved or are expected to achieve COD. Please read “—Note 2—Business Combinations—2016 Acquisitions” for further details on the Kern Phase 1(a) Assets and the Macy’s Maryland Project. For the Residential Portfolio, COD represents the first date on which all of the residential systems within the Residential Portfolio have achieved COD.

(2) The megawatts (“MW”) for the projects in which the Partnership owns less than a 100% interest or in which the Partnership is the lessor under any sale-leaseback financing are shown on a gross basis.

(3) Remaining term of offtake agreement is measured from the later of August 31, 2016 or the COD of the applicable project.

(4) Remaining term comprised of 2.3 years on a power purchase agreement (“PPA”) with the City of Roseville, California, followed by a 25-year PPA with Pacific Gas and Electric Company (“PG&E”) starting in 2019.

(5) The Kingbird Project is subject to two separate PPAs with member cities of the Southern California Public Power Authority.

(6) Comprised of the approximately 5,900 solar installations located at homes in Arizona, California, Colorado, Hawaii, Massachusetts, New Jersey, New York, Pennsylvania and Vermont, that are held by SunPower Residential I, LLC (the “Residential Portfolio Project Entity”) and has an aggregate nameplate capacity of 39 MW.

(7) Remaining term is the weighted average duration of all of the residential leases, in each case measured from August 31, 2016.