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BlueChip Energy signs 300 acre land lease agreement with City of Eustis, Florida

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The 300 acres property is adjacent to the 40 MW Sorrento Solar Farm now under construction. The combined solar farm of 100 MW will become one of the largest solar power plants in the U.S. upon completion. BlueChip Energy previously secured connection to the power grid through agreements with Progress Energy and SECO.

“This agreement is beneficial for both the City and BlueChip,” said Paul Berg, Eustis City Manager. “It provides BlueChip a location with immediate access to the grid, and the City benefits from using alternative energy source to power its water and wastewater facility as a portion of BlueChip’s lease payment. Ultimately, the lease will provide over $150,000 in payments to the City for the use of the property, and the energy provided will be fully renewable over a long period of time.”

A resolution of the City Commission of the City of Eustis authorized the mayor to execute a commercial lease with BCE for a wastewater spray field property. The city owns the 300 acres of land and no longer needs all of the property for spraying.
Business | News published on 01 / 02 / 2012 by Andrew Callaway

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Thank you so much for this aretilc, it saved me time!
Posted on 01 / 02 / 2012 | knYPGXvg

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