Green Lantern Solar Completes Sale of Two Projects to Madison Energy

Renewable energy developer Green Lantern Solar has closed on the sale of two fully approved community solar projects to Madison Energy Infrastructure. Both projects, each with a capacity of 975 kilowatts of AC, are under construction in Maine and are expected to be completed in 2024.

The Mechanic Falls Solar Project is a 1,504.2 kW DC located on 7,748 acres in Mechanic Falls, Maine and is expected to produce 1,845,653 kilowatt-hours 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 provide communities and businesses throughout our footprint the benefits of 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 Maine projects is a perfect example of that. We are proud to work together to fulfill the promise of clean energy.”