Monday, July 15, 2024

Green Lantern Solar Completes Sale of Two Initiatives to Madison Energy


Renewable power developer Green Lantern Solar has closed the sale of two totally permitted neighborhood photo voltaic initiatives to Madison Energy Infrastructure. The two initiatives, every with a capability of 975 kilowatts AC, are being in-built Maine and are anticipated to be accomplished by 2024.

The Mechanic Falls photo voltaic challenge is a 1504.2 kW DC positioned on 7.748 acres in Mechanic Falls, Maine, and is predicted to provide 1,845,653 kilowatt hours per 12 months. The Roosevelt Trail photo voltaic challenge in Windham, Maine, has a system dimension of 1684.8 kW DC positioned on 11.24 acres. This challenge is predicted to generate 1,930,780 kWh per 12 months.

“We are happy to shut the sale of those two totally developed and permitted photo voltaic initiatives to our companion Madison Energy Infrastructure, which we hope would be the first of many,” stated Scott Buckley, president of Green Lantern Solar. “Our objective is to rigorously put together the perfect photo voltaic initiatives in the perfect areas to make sure that the communities and companies in our footprint profit from the clear power economic system. By utilizing the native outreach, our deep actual property, engineering and building experience and vital transactional efficiencies developed over our 15 years in enterprise, Green Lantern Solar initiatives meet the best requirements for acquisition of long-time homeowners.

These acquisitions underscore Green Lantern Solar’s dedication to accelerating the adoption of renewable power options and advancing sustainability efforts in Maine and past.

“I’ve lengthy admired Green Lantern Solar’s method to challenge growth,” stated Richard Walsh, CEO of Madison Energy Infrastructure. “Their meticulous web site choice and concentrate on neighborhood engagement mirror our personal values, and this partnership with these initiatives in Maine is an ideal instance. We are proud to work collectively to ship on the promise of fresh power.”

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