Renewable energy developer Green Lantern Solar completed construction of the Brighton Solar Project in Brighton, Vermont, and has sold the array to Sea Oak Capital.
Credit: Sea Oak Capital
The project, sited on a closed portion of a family-owned gravel operation, turned otherwise unproductive land into a clean energy source. The 500-kWAC solar project serves nearby farms, the town of Brighton, and the Newport Ambulance Service, a nonprofit regional ambulance service that covers 18 towns in three counties.
“This project epitomizes our mission to deliver clean energy, provide generational sources of income to landowners, support local businesses and revitalize underutilized spaces,” said David Carpenter, VP of development and chief legal officer, Green Lantern Solar. “We had the opportunity not only to develop this project, but in the process, help the landowner achieve full compliance with existing land use permits. We’re excited to see the whole commercial ecosystem surrounding this project thrive under Sea Oak Capital’s management.”
Green Lantern has sold more than a half-dozen Vermont solar projects to Sea Oak Capital.
“Community solar projects are a cornerstone of our growth strategy,” said Dan Poydenis, CEO, Sea Oak Capital. “Our collaborations with Green Lantern Solar consistently deliver impactful results, supporting Vermont’s renewable energy goals while creating meaningful energy cost-savings for local businesses.”
News item from Green Lantern Solar
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