Leeward Powers Up 100MW NC Solar Farm

• Leeward Renewable Energy LLC has launched its 100-MW Oak Trail solar project in North Carolina. Discover the PV park near Mayock in Currituck County, financed with a USD 420 million green loan plus a USD-195-million tax equity commitment from Wells Fargo. Plus, the native vegetation and wildflowers pollinator habitat.

Leeward Renewable Energy LLC has launched its 100-MW Oak Trail solar project in North Carolina. The photovoltaic (PV) park is located near Mayock in Currituck County and will be run under a long-term virtual power purchase agreement (PPA) with US wireless carrier Verizon Communications Inc (NYSE:VZ). Building works were initiated in October last year and were financed with a USD 420 million (EUR 382.2m) green loan plus a USD-195-million tax equity commitment from Wells Fargo. The solar farm’s area will also be used for native vegetation and wildflowers to set up a pollinator habitat.

What Benefits Does the Oak Trail Solar Project Bring to North Carolina?

• Oak Trail Solar Project is providing much needed clean energy to North Carolina
• The solar farm will provide renewable energy to Verizon Communications Inc through a long-term virtual power purchase agreement (PPA)
• The project has been financed with a USD 420 million (EUR 382.2m) green loan plus a USD-195-million tax equity commitment from Wells Fargo
• The project has created jobs in North Carolina to build the solar farm
• The project will promote biodiversity in the area by providing a pollinator habitat with native vegetation and wildflowers