Summit Ridge Energy and Osaka Gas Reach Solar Milestones in Maine
ARLINGTON, Va., Nov. 4, 2021 /PRNewswire/ -- Summit Ridge Energy ("SRE") announced today the completion of the first project in their 200 MW Maine community solar portfolio, a 6.3 MWdc array in Hermon, ME that will serve 850 households and small businesses across the state.
The project, owned through SRE's joint venture with Osaka Gas USA ("OGUSA") announced in June, is the first of a 24 MW portfolio that will be financed in partnership with Foss & Company providing tax equity and Live Oak Bank committing long term debt. When operational next summer, the solar arrays are expe