IGS Solar Teams Up With City of Lexington, Nebraska On 4 MW Solar Array
Dublin, OH, December 5, 2016 – Construction of the second largest solar array in Nebraska is now underway. IGS Solar, LLC, a turnkey commercial and residential solar provider, has partnered with Sol Systems, a solar energy investment and development firm, to install a 4 MW array in Lexington, which is located 170 miles west of the state’s capital.
The array will be installed by Sol Systems’ local engineering, procurement, and construction (EPC) partners, GenPro Energy Solutions and Russell Pacific. The project was originally conceived at the local level between GenPro Energy Solutions, Husker Solar, and the City of Lexington, and will use local workers and sourcing from nearby businesses to aid in construction.
Once installed, the power generated by the system of nearly 12,600 panels will meet approximately 3 percent of the City’s annual needs. “Our partnership with IGS Solar and Sol Systems allows us to support the development of diversified renewable energy in Nebraska, play a part in the reduction of environmental emissions, and provide a long-term cost savings to benefit our electric customers,” said Joe Pepplitsch, city manager.
The City of Lexington signed a simple Power Purchase Agreement (PPA) with IGS Solar, which will give them a capital-free solution to energy savings. The PPA allows the City to purchase power at a discounted rate. “IGS Solar is glad to be a long-term sustainability partner to the City of Lexington, and play a role in helping them control their energy costs with solar,” said Patrick Smith, vice president of IGS Solar.
About IGS Solar
IGS Solar, a turn-key commercial and residential solar provider with over $100 million in solar assets under development, provides businesses, homes, and communities with an opportunity to participate in creating a sustainable energy future with no upfront investment. As an affiliate of IGS Energy, IGS Solar is dedicated to delivering innovative solar energy solutions. For more information, call (866) 801-9928 or visit IGSsolarpower.com. Connect with IGS Solar at linkedin.com/company/igs-solar.
About City of Lexington
The City of Lexington is located in Dawson County in Central Nebraska, with a population of approximately 10,250 residents. Lexington owns and operates its electrical distribution system, purchases electricity at wholesale from Nebraska Public Power District, and sells electricity at retail within its service territory to residential, commercial and industrial customers.
About Sol Systems
Sol Systems is a leading solar energy investment and development firm with an established reputation for integrity and reliability. The company has financed over 540MW of solar projects, and manages over $650 million in assets on behalf of insurance companies, utilities, banks, and Fortune 500 companies. Sol Systems works with its corporate and institutional clients to develop customized energy procurement solutions, and to architect and deploy structured investments in the solar asset class with a dedicated team of investment professionals, lawyers, accountants, engineers, and project finance analysts.