Primergy Solar's Prairie Mist Project Powers Arkansas Communities
Primergy Solar's Prairie Mist Project Goes Live
Primergy Solar LLC, a prominent player in utility-scale solar and energy storage, recently announced that its 100 MWac solar project in Ashley County, Arkansas is fully operational. Dubbed the Amazon Solar Farm Arkansas - Prairie Mist, this project is making a significant impact as it begins delivering renewable solar energy to the grid. This is an important step for the company, marking its second project to come online this year.
Supporting Local Communities
CEO Ty Daul emphasized the project's importance by stating that Prairie Mist not only demonstrates their commitment to developing impactful projects but also serves the community’s energy needs. The successful launch of this solar initiative showcases the hard work and dedication of the entire Primergy team and its partners in bringing clean energy to local residents.
Details of the Project
The Prairie Mist project connects to Entergy’s transmission system within the Midcontinent Independent System Operator (MISO) region. It has secured a power purchase agreement with a major client, ensuring a steady delivery of solar energy. Additionally, attributes related to the project’s capacity will be sold under a long-term contract to the City of North Little Rock.
Powering Homes and Reducing Carbon Footprint
Prairie Mist is capable of generating enough electricity to power around 22,000 homes each year. This remarkable output not only enhances the state's energy infrastructure but also plays a crucial role in reducing dependence on carbon-emitting resources, thus promoting cleaner and sustainable energy solutions.
Economic Benefits and Community Support
Construction of the Prairie Mist project created approximately 200 jobs, providing a much-needed economic boost to the local region. Furthermore, Primergy has committed to delivering around $10 million in tax benefits to Ashley County throughout the project's lifespan. Their efforts extend beyond mere finances; they are also contributing positively to the community by building an ADA-accessible playground and a shade structure at the local Hamburg High School.
Funding and Investment
Throughout the development phase, Primergy secured substantial financial backing, including $300 million in debt and tax equity financing aimed at supporting the construction and development of the Prairie Mist project. Key financial institutions played vital roles in facilitating this funding, ensuring that the project could proceed without financial hindrances.
Primergy's Commitment to Renewable Energy
As a leader in large-scale solar projects, Primergy Solar focuses on renewable energy solutions across the United States. Their extensive project portfolio spans significant energy markets, showcasing their capability in managing both operational and developmental initiatives. The company's dedication to innovative energy solutions is reflected in its continuous efforts towards sustainability and community development.
About Primergy Solar
Primergy Solar is a developer, owner, and operator specializing in the development of utility-scale solar photovoltaics (PV) and battery storage projects. With a team rich in expertise, they are committed to delivering sustainable energy solutions across major energy markets. As part of Quinbrook Infrastructure Partners, Primergy Solar remains at the forefront of the transition to renewable energy in North America.
Frequently Asked Questions
What is the Prairie Mist Project?
The Prairie Mist Project is a 100 MWac solar farm developed by Primergy Solar, now operational in Arkansas.
How many homes can Prairie Mist power?
The project is designed to generate enough energy to power approximately 22,000 homes annually.
What are the community benefits of this project?
Besides generating renewable energy, the project is expected to offer $10 million in tax benefits and support local initiatives like playground construction.
Who funded the Prairie Mist Project?
The project secured $300 million in financing from various institutions to support its construction and development.
What is Primergy Solar's mission?
Primergy Solar focuses on developing and operating utility-scale solar and energy storage projects, promoting sustainable energy solutions nationwide.
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