Green Lantern Solar sells Maine community solar projects to Madison Energy Infrastructure

WATERBURY, VT / ACCESSWIRE / July 10, 2024 / Green Lantern SolarInnovative and trusted renewable energy developer completes sale of two fully approved community solar projects in Maine Madison Energy InfrastructureBoth projects, each with a capacity of 975 kilowatts (kW) of AC, are under construction and are scheduled for completion in 2024.

The Mechanic Falls Solar Project is a 1,504.2 kW DC project located on 7,748 acres in Mechanic Falls, Maine and is expected to produce 1,845,653 kilowatt-hours (kWh) per year. The Roosevelt Trail Solar Project in Windham, Maine features a system size of 1,684.8 kW DC located on 11.24 acres. This project is expected to generate 1,930,780 kWh per year.

“We are excited to close the sale of these two fully developed and approved solar projects to our partner Madison Energy Infrastructure, which we hope are the first of many,” said Scott Buckley, President of Green Lantern Solar. “Our goal is to meticulously develop the best solar projects in the best locations to ensure that communities and businesses throughout our footprint benefit from a clean energy economy. Leveraging our local footprint, our deep real estate, engineering and construction experience, and the significant transaction efficiencies we have developed over 15 years of operation, Green Lantern Solar projects meet the highest standards for acquisition by long-term owner-operators.”

These acquisitions underscore Green Lantern Solar’s ​​commitment to accelerating the deployment of renewable energy solutions and supporting sustainability efforts in Maine and beyond.

“I have long admired Green Lantern Solar’s ​​approach to project development,” said Richard Walsh, CEO of Madison Energy Infrastructure. “Their meticulous site selection and focus on community engagement reflect our own values, and this partnership on these projects in Maine is a perfect example. We are proud to work together to fulfill the promise of clean energy.”

The closing of this transaction marks a significant milestone for Green Lantern Solar and Madison Energy Infrastructure as they work together to realize the promise of a green energy future.

About Green Lantern Solar

Since 2011, Green Lantern Solar has developed, built and operated over 125 community solar projects and commercial solar solutions for municipal, educational, healthcare and government entities. Green Lantern works with landowners to revitalize and redevelop low-value land such as brownfields, landfills, quarries/pits/mining sites and other challenging properties. For more information, visit www.greenlanternsolar.com ON LinkedIn and @GrnLntrnSolar on X (Twitter).

About Madison Energy Infrastructure

Madison Energy Infrastructure is a leading clean energy partner committed to delivering sustainable outcomes with confidence, speed and trust. Our robust portfolio—consisting of more than half a gigawatt of clean energy infrastructure assets in more than 25 states—is strengthened by the strength of our globally recognized investors and capital partners. We offer a comprehensive set of services, from project development and engineering to construction, financing and long-term asset management. What sets us apart is our team’s commitment to solving complex challenges and making the transition to clean energy simple, efficient and profitable. With a proven track record of successfully delivering hundreds of projects, we remain focused on exceeding expectations and achieving significant results for our partners and customers. Learn more at www.madisonei.com.

Contact details:

Leah Wilkinson
+1 703-907-0010
(email protected)

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SOURCE: Green Lantern Solar