7.003MW

Tax Equity

Garner, NC

Located in Wake County, NC, the Creech Project was one of seven sites in a portfolio of 31.6 MW. On a combination of agricultural and wooded land, 7 MW were installed over 25 acres using Tier 1 equipment. Sol’s client was a tax equity investor and the offtaker was Duke Energy Progress. The deal structure included both a construction loan and longer-term debt. Although it was a late-year project, Sol Systems was actively managing construction to ensure the project placed in service and the credits were delivered in 2016.