Standard Solar Shines Bright with 18.5 MW Vermont Acquisition
- Standard Solar shines bright in Vermont with acquisition of 18.5 MW solar projects from MHG Solar. Powering local utilities with VEPP Inc. partnership. Expanding renewable energy footprint in the region.
Standard Solar, a Brookfield portfolio company, has acquired a portfolio of solar projects totaling 18.5 MW in Vermont from local developer MHG Solar. The projects will produce power for local utilities under the state's Standard Offer Program, with a power purchase agreement in place with VEPP Inc. The projects are scheduled to be completed by the end of this year and include sites in Fair Haven, Middlebury, Berlin, Brandon, Castleton, and Poultney.
This acquisition follows Standard Solar's partnership with MHG Solar in 2020 for a 3.2-MW solar farm in Wallingford, Vermont. The company continues to expand its presence in the renewable energy sector, contributing to the growth of solar power generation in the region.
What recent acquisition has Standard Solar made in Vermont's solar industry?
- Standard Solar, a Brookfield portfolio company, has recently acquired a portfolio of solar projects totaling 18.5 MW in Vermont from local developer MHG Solar.
- The projects will produce power for local utilities under Vermont's Standard Offer Program, with a power purchase agreement in place with VEPP Inc.
- The projects are set to be completed by the end of this year and include sites in Fair Haven, Middlebury, Berlin, Brandon, Castleton, and Poultney.
- This acquisition follows Standard Solar's partnership with MHG Solar in 2020 for a 3.2-MW solar farm in Wallingford, Vermont.
- Standard Solar's expansion in the renewable energy sector is contributing to the growth of solar power generation in the region.
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